HIVE Options History — August 2018

In August 2018, HIVE traded between $19.40 and $23.20. ATM implied volatility averaged 50.8%, placing in the 14.0% IV rank vs the trailing year. The 30-day expected move averaged 13.1%. IV traded below realized volatility by 0.3% (HV 20d: 51.1%). Max pain ranged from $12.50 to $25.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 10 of 23 days. Put/call ratio averaged 0.07.

Notable Days

  • 2018-08-06: Highest Volume — 523 contracts
  • 2018-08-31: Largest IV spike — 108.3% change
  • 2018-08-14: Highest IV Rank — 40.9%
  • 2018-08-01: Largest Expected Move — 26.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.62$19.40$23.20$19.40$21.00
Max Pain$15.22$12.50$25.00$25.00$12.50
ATM IV50.8%30.9%94.4%93.0%64.7%
Expected Move13.1%8.8%26.7%26.7%18.6%
HV 20d51.1%23.3%58.1%23.3%36.8%
HV 60d38.6%27.9%41.3%27.9%38.6%
IV Rank14.0%1.7%40.9%40.1%22.6%
IV Percentile24.4%0.4%82.1%81.3%52.0%
Term Structure-3.1%-49.2%21.4%-49.2%-44.4%
VWIV46.6%29.9%133.7%58.1%70.2%
Bid-Ask Spread %22.478.0683.4133.9215.14
Gamma HHI0.830.680.880.680.86
Net GEX23.2K16.3K28.0K16.3K23.2K
Net DEX-1.4M-1.7M-1.1M-1.1M-1.3M
Net VEX-4.2K-4.9K-3.3K-4.2K-3.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.070.060.100.060.10
Total Volume469.739342523509343
Total OI1,332.9571,2851,3761,2851,376

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-08-01$19.40$25.0093.0%26.7%23.3%40.1%0.0%0.0%-49.2%16.3K-1.1M-4.2K0.0633.92N/AN/A478311,22362
2018-08-02$21.10$25.0062.1%17.8%37.6%21.0%58.1%0.0%-18.0%16.8K-1.3M-3.5K0.0715.31N/AN/A439311,23262
2018-08-03$23.05$25.0037.6%10.8%48.4%5.9%35.4%0.0%10.2%24.7K-1.7M-4.9K0.0727.43N/AN/A443291,23762
2018-08-06$23.05$25.0061.5%13.8%48.3%20.7%48.1%0.0%2.7%24.6K-1.6M-4.9K0.0631.49N/AN/A493301,23460
2018-08-07$23.20$12.5060.6%13.0%48.3%20.1%45.0%0.0%3.6%27.6K-1.7M-4.9K0.0742.94N/AN/A429281,27960
2018-08-08$22.95$12.5051.7%14.1%48.4%14.6%49.1%0.0%0.4%27.1K-1.7M-4.9K0.0630.06N/AN/A434281,27860
2018-08-09$23.00$12.5044.4%14.3%48.3%10.1%50.0%0.0%-1.4%28.0K-1.7M-4.9K0.0613.74N/AN/A479281,28260
2018-08-10$23.00$12.5041.2%13.6%47.3%8.1%47.6%0.0%1.3%26.6K-1.6M-4.9K0.0624.88N/AN/A473281,28960
2018-08-13$21.20$12.5081.3%12.9%56.6%32.8%56.0%0.0%-11.4%22.8K-1.3M-4.3K0.068.06N/AN/A470281,28960
2018-08-14$21.25$12.5094.4%9.5%56.5%40.9%29.9%0.0%20.1%21.7K-1.3M-4.3K0.0610.98N/AN/A469291,29060
2018-08-15$21.00$12.5038.7%11.1%56.5%6.6%31.6%0.0%16.8%21.8K-1.2M-4.0K0.0614.63N/AN/A469291,29060
2018-08-16$20.75$12.5041.0%11.8%56.6%8.0%33.5%0.0%-4.0%21.2K-1.2M-3.9K0.079.70N/AN/A469311,29060
2018-08-17$21.20$12.5034.2%9.8%57.1%3.8%31.3%0.0%-3.7%22.5K-1.3M-4.1K0.0612.91N/AN/A469291,29059
2018-08-20$21.30$12.5033.5%9.6%56.3%3.3%32.0%0.0%-4.3%23.0K-1.3M-3.9K0.0617.61N/AN/A473291,26158
2018-08-21$21.35$12.5030.9%8.8%56.3%1.7%32.4%0.0%-4.5%22.5K-1.3M-3.6K0.0613.18N/AN/A473291,26158
2018-08-22$21.40$12.5035.0%10.0%56.3%4.3%32.6%0.0%-4.8%22.4K-1.2M-3.3K0.0616.29N/AN/A473291,26158
2018-08-23$20.65$12.5055.4%15.9%57.8%16.9%49.6%0.0%-1.7%20.4K-1.2M-3.8K0.0783.41N/AN/A428301,26158
2018-08-24$21.20$25.0055.3%15.9%58.1%16.8%133.7%0.0%21.4%21.1K-1.3M-3.6K0.0736.11N/AN/A426301,26159
2018-08-27$21.35$12.5052.5%15.1%58.1%15.1%52.5%0.0%-9.3%23.0K-1.3M-4.0K0.0718.36N/AN/A431301,26359
2018-08-28$21.55$12.5032.4%9.3%57.8%2.7%37.2%0.0%15.2%25.9K-1.4M-4.1K0.0616.60N/AN/A471311,27059
2018-08-29$21.70$12.5034.9%10.0%56.4%4.2%34.9%0.0%-7.1%25.3K-1.4M-4.2K0.1012.56N/AN/A311311,31162
2018-08-30$21.65$12.5031.1%8.9%48.2%1.9%34.0%0.0%0.6%25.1K-1.4M-4.1K0.1011.41N/AN/A312311,31262
2018-08-31$21.00$12.5064.7%18.6%36.8%22.6%70.2%0.0%-44.4%23.2K-1.3M-3.9K0.1015.14N/AN/A312311,31462