HIVE Options History — November 2018

In November 2018, HIVE traded between $18.25 and $19.95. ATM implied volatility averaged 73.2%, placing in the 33.9% IV rank vs the trailing year. The 30-day expected move averaged 16.1%. IV traded above realized volatility by 46.4% (HV 20d: 26.8%). Max pain ranged from $12.50 to $12.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 1.04.

Notable Days

2018-11-07: Highest Volume — 204 contracts
2018-11-12: Largest IV spike — 68.7% change
2018-11-13: Highest IV Rank — 78.0%
2018-11-01: Largest Expected Move — 27.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$19.20	$18.25	$19.95	$18.45	$18.30
Max Pain	$12.50	$12.50	$12.50	$12.50	$12.50
ATM IV	73.2%	37.8%	131.8%	97.2%	84.3%
Expected Move	16.1%	9.6%	27.9%	27.9%	24.2%
HV 20d	26.8%	22.3%	29.6%	22.3%	26.6%
HV 60d	23.8%	22.5%	28.4%	27.2%	22.9%
IV Rank	33.9%	7.3%	78.0%	52.0%	42.3%
IV Percentile	56.4%	6.7%	98.4%	88.1%	73.4%
Term Structure	-9.1%	-53.3%	27.1%	-53.3%	-36.2%
VWIV	65.2%	35.5%	103.4%	63.1%	103.4%
Bid-Ask Spread %	26.74	11.92	74.10	70.27	21.56
Gamma HHI	0.98	0.97	0.99	0.97	0.98
Net GEX	13.1K	5.9K	18.5K	10.3K	8.1K
Net DEX	-160.0K	-403.1K	-25.8K	-180.0K	-55.7K
Net VEX	-1.2K	-2.3K	-386	-1.4K	-613
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.04	0.06	2.00	0.06	1.89
Total Volume	112.714	54	204	190	55
Total OI	884.429	728	900	728	889

Daily Data (21 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
2018-11-01	$18.45	$12.50	97.2%	27.9%	22.3%	52.0%	0.0%	0.0%	-53.3%	10.3K	-180.0K	-1.4K	0.06	70.27	N/A	N/A	180	10	689	39
2018-11-02	$18.95	$12.50	68.8%	19.7%	25.0%	30.6%	0.0%	0.0%	-26.7%	14.8K	-242.4K	-1.8K	0.06	17.52	N/A	N/A	191	12	843	39
2018-11-05	$19.40	$12.50	71.3%	10.1%	26.5%	32.5%	63.1%	0.0%	-0.6%	12.0K	-90.6K	-942	0.06	17.55	N/A	N/A	191	12	854	41
2018-11-06	$19.80	$12.50	74.4%	11.6%	26.2%	34.9%	68.4%	0.0%	-0.6%	17.9K	-295.6K	-2.0K	0.06	18.84	N/A	N/A	191	12	854	41
2018-11-07	$19.90	$12.50	73.5%	9.6%	25.7%	34.2%	65.8%	0.0%	-0.7%	15.2K	-121.9K	-1.1K	0.06	14.82	N/A	N/A	192	12	856	41
2018-11-08	$19.70	$12.50	81.7%	10.2%	25.7%	40.3%	73.4%	0.0%	-0.9%	13.2K	-97.2K	-958	0.06	16.22	N/A	N/A	189	12	859	41
2018-11-09	$19.90	$12.50	69.6%	11.7%	25.5%	31.2%	35.5%	0.0%	12.7%	17.6K	-403.1K	-2.3K	0.06	69.13	N/A	N/A	189	12	859	41
2018-11-12	$19.80	$12.50	117.4%	10.9%	25.6%	67.2%	73.7%	0.0%	3.4%	16.0K	-153.1K	-1.4K	0.06	16.22	N/A	N/A	189	12	859	41
2018-11-13	$19.65	$12.50	131.8%	10.7%	25.6%	78.0%	69.9%	0.0%	3.2%	14.9K	-136.1K	-1.2K	1.23	16.42	N/A	N/A	29	36	859	41
2018-11-14	$19.55	$12.50	44.4%	12.7%	25.4%	12.3%	39.8%	0.0%	16.2%	16.9K	-301.9K	-2.0K	1.21	20.11	N/A	N/A	30	36	857	41
2018-11-15	$19.95	$12.50	53.1%	15.2%	26.4%	18.9%	44.8%	0.0%	-6.8%	18.5K	-250.1K	-1.7K	1.57	40.82	N/A	N/A	23	36	857	41
2018-11-16	$19.50	$12.50	37.8%	10.8%	27.2%	7.3%	88.3%	0.0%	2.7%	13.3K	-107.4K	-1.0K	1.15	17.47	N/A	N/A	31	36	857	41
2018-11-19	$19.00	$12.50	45.9%	13.2%	28.3%	13.4%	80.4%	0.0%	27.1%	15.6K	-286.4K	-1.8K	1.36	20.59	N/A	N/A	26	35	843	37
2018-11-20	$18.80	$12.50	60.2%	17.3%	28.5%	24.2%	48.6%	0.0%	-2.8%	13.3K	-160.8K	-1.3K	1.78	22.57	N/A	N/A	20	35	849	37
2018-11-21	$19.20	$12.50	50.2%	14.4%	29.1%	16.6%	46.6%	0.0%	-7.8%	12.2K	-101.8K	-999	1.78	15.89	N/A	N/A	20	35	850	37
2018-11-23	$18.95	$12.50	70.4%	20.2%	28.8%	31.8%	50.5%	0.0%	-9.1%	13.7K	-163.0K	-1.3K	1.82	74.10	N/A	N/A	20	36	850	37
2018-11-26	$18.75	$12.50	69.2%	19.8%	28.9%	30.9%	76.1%	0.0%	-24.6%	5.9K	-25.8K	-386	2.00	11.92	N/A	N/A	18	36	850	38
2018-11-27	$18.60	$12.50	73.6%	21.1%	28.0%	34.3%	56.5%	0.0%	-19.5%	7.1K	-38.8K	-509	2.00	18.00	N/A	N/A	18	36	850	38
2018-11-28	$18.75	$12.50	78.6%	22.5%	28.1%	38.0%	92.4%	0.0%	-30.9%	7.4K	-38.5K	-454	1.75	18.04	N/A	N/A	21	36	850	38
2018-11-29	$18.25	$12.50	83.2%	23.8%	29.6%	41.4%	62.0%	0.0%	-35.1%	10.6K	-110.2K	-978	1.75	23.56	N/A	N/A	21	36	851	38
2018-11-30	$18.30	$12.50	84.3%	24.2%	26.6%	42.3%	103.4%	0.0%	-36.2%	8.1K	-55.7K	-613	1.89	21.56	N/A	N/A	19	36	851	38