HIVE Options History — September 2018

In September 2018, HIVE traded between $19.85 and $21.10. ATM implied volatility averaged 48.1%, placing in the 14.1% IV rank vs the trailing year. The 30-day expected move averaged 12.4%. IV traded above realized volatility by 20.8% (HV 20d: 27.3%). Max pain ranged from $12.50 to $12.50. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 16 of 19 days. Put/call ratio averaged 1.09.

Notable Days

2018-09-11: Highest Volume — 350 contracts
2018-09-21: Largest IV spike — 51.2% change
2018-09-21: Highest IV Rank — 29.4%
2018-09-21: Largest Expected Move — 19.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$20.42	$19.85	$21.10	$21.10	$20.55
Max Pain	$12.50	$12.50	$12.50	$12.50	$12.50
ATM IV	48.1%	34.5%	70.0%	59.7%	49.5%
Expected Move	12.4%	9.3%	19.2%	17.1%	14.2%
HV 20d	27.3%	20.1%	37.4%	37.0%	23.2%
HV 60d	38.0%	37.2%	38.8%	38.6%	37.2%
IV Rank	14.1%	4.9%	29.4%	19.5%	16.1%
IV Percentile	23.6%	3.2%	59.1%	42.5%	26.2%
Term Structure	13.9%	-23.8%	28.5%	-17.9%	28.5%
VWIV	47.0%	31.1%	77.4%	49.2%	63.2%
Bid-Ask Spread %	18.57	7.39	118.07	22.76	13.58
Gamma HHI	0.83	0.79	0.87	0.85	0.87
Net GEX	19.7K	15.3K	23.5K	23.5K	21.0K
Net DEX	-1.1M	-1.3M	-1.0M	-1.3M	-1.1M
Net VEX	-3.2K	-4.0K	-2.8K	-3.8K	-3.1K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.09	0.09	3.02	0.10	2.08
Total Volume	172.263	37	350	347	40
Total OI	1,385.737	1,376	1,395	1,376	1,386

Daily Data (19 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2018-09-04	$21.10	$12.50	59.7%	17.1%	37.0%	19.5%	49.2%	0.0%	-17.9%	23.5K	-1.3M	-3.8K	0.10	22.76	N/A	N/A	316	31	1,314	62
2018-09-05	$20.75	$12.50	54.1%	15.5%	37.0%	16.1%	68.6%	0.0%	-9.4%	22.5K	-1.2M	-3.2K	0.09	18.76	N/A	N/A	320	28	1,314	62
2018-09-06	$20.70	$12.50	41.1%	9.7%	36.9%	8.1%	31.1%	0.0%	22.2%	21.1K	-1.2M	-3.5K	0.09	13.22	N/A	N/A	320	28	1,322	62
2018-09-07	$20.20	$12.50	52.0%	9.7%	37.4%	14.8%	33.9%	0.0%	18.9%	19.1K	-1.1M	-3.4K	0.09	10.40	N/A	N/A	320	28	1,323	62
2018-09-10	$20.20	$12.50	70.0%	10.1%	37.4%	25.9%	35.1%	0.0%	21.3%	18.6K	-1.1M	-3.4K	0.09	7.39	N/A	N/A	320	28	1,323	62
2018-09-11	$20.65	$12.50	61.8%	9.3%	26.3%	25.4%	32.6%	0.0%	20.7%	20.1K	-1.2M	-4.0K	0.10	7.68	N/A	N/A	319	31	1,323	62
2018-09-12	$20.75	$12.50	39.5%	11.3%	26.4%	8.6%	39.1%	0.0%	17.9%	21.2K	-1.2M	-3.6K	0.09	14.47	N/A	N/A	311	28	1,325	62
2018-09-13	$20.85	$12.50	34.5%	9.9%	26.1%	4.9%	33.2%	0.0%	19.3%	21.2K	-1.2M	-3.5K	0.09	15.11	N/A	N/A	311	28	1,324	62
2018-09-14	$20.50	$12.50	39.7%	11.4%	26.5%	8.8%	51.6%	0.0%	22.1%	21.8K	-1.1M	-3.3K	2.53	7.55	N/A	N/A	11	28	1,324	62
2018-09-17	$20.30	$12.50	35.5%	10.2%	25.3%	5.6%	40.8%	0.0%	21.7%	19.1K	-1.1M	-3.1K	2.01	14.18	N/A	N/A	14	28	1,324	62
2018-09-18	$20.30	$12.50	36.1%	10.3%	25.2%	6.0%	41.4%	0.0%	20.4%	19.3K	-1.1M	-3.0K	3.02	15.99	N/A	N/A	9	28	1,327	62
2018-09-19	$20.20	$12.50	39.9%	11.4%	25.2%	8.9%	40.1%	0.0%	12.2%	19.5K	-1.1M	-3.0K	3.02	12.16	N/A	N/A	9	28	1,328	62
2018-09-20	$20.25	$12.50	44.4%	12.7%	25.2%	12.3%	43.3%	0.0%	11.9%	20.0K	-1.1M	-3.0K	2.01	12.74	N/A	N/A	14	28	1,328	62
2018-09-21	$20.40	$12.50	67.1%	19.2%	22.2%	29.4%	77.4%	0.0%	-23.8%	22.1K	-1.2M	-3.5K	0.83	9.44	N/A	N/A	33	28	1,333	62
2018-09-24	$20.15	$12.50	59.4%	17.0%	20.1%	23.6%	59.4%	0.0%	7.2%	15.3K	-1.1M	-2.8K	0.93	118.07	N/A	N/A	29	27	1,325	61
2018-09-25	$19.85	$12.50	44.7%	12.8%	20.2%	12.6%	56.1%	0.0%	24.4%	15.3K	-1.0M	-2.8K	1.08	15.29	N/A	N/A	25	27	1,325	61
2018-09-26	$20.20	$12.50	40.8%	11.7%	21.1%	9.5%	45.1%	0.0%	24.1%	18.8K	-1.1M	-2.9K	1.19	9.18	N/A	N/A	23	27	1,324	61
2018-09-27	$20.05	$12.50	44.2%	12.7%	20.8%	12.1%	52.6%	0.0%	22.6%	15.3K	-1.1M	-2.8K	1.19	14.75	N/A	N/A	23	27	1,325	61
2018-09-28	$20.55	$12.50	49.5%	14.2%	23.2%	16.1%	63.2%	0.0%	28.5%	21.0K	-1.1M	-3.1K	2.08	13.58	N/A	N/A	13	27	1,325	61