HIVE Options History — December 2018

In December 2018, HIVE traded between $16.15 and $18.40. ATM implied volatility averaged 101.3%, placing in the 55.1% IV rank vs the trailing year. The 30-day expected move averaged 27.0%. IV traded above realized volatility by 70.4% (HV 20d: 30.9%). Max pain ranged from $12.50 to $25.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 2 of 20 days. Put/call ratio averaged 0.05.

Notable Days

2018-12-07: Highest Volume — 6 contracts
2018-12-24: Largest IV spike — 100.2% change
2018-12-24: Highest IV Rank — 92.4%
2018-12-24: Largest Expected Move — 43.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$17.12	$16.15	$18.40	$18.40	$16.25
Max Pain	$20.63	$12.50	$25.00	$12.50	$12.50
ATM IV	101.3%	66.0%	150.9%	82.2%	108.3%
Expected Move	27.0%	18.2%	43.3%	23.6%	31.1%
HV 20d	30.9%	21.5%	37.1%	24.7%	34.7%
HV 60d	26.1%	22.1%	28.4%	22.5%	28.1%
IV Rank	55.1%	28.5%	92.4%	40.7%	60.4%
IV Percentile	81.1%	47.2%	99.6%	70.2%	90.5%
Term Structure	-29.7%	-103.2%	68.3%	3.8%	-52.7%
VWIV	81.6%	46.5%	162.6%	103.6%	78.9%
Bid-Ask Spread %	75.06	17.46	135.41	68.07	97.17
Gamma HHI	0.90	0.50	0.98	0.98	0.93
Net GEX	5.8K	282	12.9K	12.9K	4.8K
Net DEX	-71.9K	-222.5K	13.2K	-222.5K	-66.7K
Net VEX	-502	-1.4K	-54	-1.4K	-283
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.05	0.00	0.20	0.00	0.00
Total Volume	2.5	0	6	4	0
Total OI	882	850	893	889	850

Daily Data (20 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
2018-12-03	$18.40	$12.50	82.2%	23.6%	24.7%	40.7%	0.0%	0.0%	3.8%	12.9K	-222.5K	-1.4K	0.00	68.07	N/A	N/A	4	0	851	38
2018-12-04	$18.15	$12.50	98.8%	28.3%	23.2%	53.2%	103.6%	0.0%	-28.0%	7.6K	-55.5K	-635	0.20	28.61	N/A	N/A	4	1	853	38
2018-12-05	$18.15	$12.50	102.0%	29.3%	21.5%	55.6%	0.0%	0.0%	-30.3%	785	4.9K	-138	0.20	28.61	N/A	N/A	4	1	853	38
2018-12-06	$17.80	$25.00	133.1%	27.9%	21.8%	79.0%	77.3%	0.0%	-25.4%	10.7K	-158.6K	-1.0K	0.00	93.50	N/A	N/A	1	0	853	38
2018-12-07	$17.30	$25.00	130.3%	37.4%	23.3%	76.9%	0.0%	0.0%	68.3%	334	7.3K	-94	0.15	114.95	N/A	N/A	5	1	853	38
2018-12-10	$17.55	$25.00	129.0%	18.2%	23.7%	75.9%	0.0%	0.0%	-28.4%	4.1K	-15.5K	-264	0.00	17.46	N/A	N/A	2	0	853	38
2018-12-11	$18.30	$25.00	112.5%	21.1%	29.2%	63.5%	46.5%	0.0%	-35.9%	8.9K	-74.1K	-631	0.00	18.59	N/A	N/A	6	0	855	38
2018-12-12	$18.25	$25.00	88.2%	25.3%	29.2%	45.2%	61.1%	0.0%	-28.0%	10.7K	-123.0K	-836	0.03	111.12	N/A	N/A	6	0	855	38
2018-12-13	$17.05	$25.00	68.1%	19.5%	37.1%	30.1%	66.8%	0.0%	-6.8%	282	13.2K	-54	0.03	32.43	N/A	N/A	6	0	855	38
2018-12-14	$16.95	$25.00	83.5%	23.9%	35.7%	41.7%	66.8%	0.0%	-35.9%	6.4K	-59.0K	-551	0.05	92.80	N/A	N/A	4	0	855	38
2018-12-17	$16.75	$25.00	66.0%	18.9%	35.3%	28.5%	0.0%	0.0%	-28.4%	2.2K	-79	-141	0.00	66.83	N/A	N/A	0	0	855	38
2018-12-18	$16.90	$25.00	75.2%	21.5%	35.1%	35.4%	0.0%	0.0%	-23.0%	4.1K	-20.5K	-305	0.00	34.16	N/A	N/A	0	0	855	38
2018-12-19	$16.50	$25.00	80.9%	23.2%	35.6%	39.7%	0.0%	0.0%	-34.7%	4.5K	-33.8K	-369	0.00	80.42	N/A	N/A	0	0	855	35
2018-12-20	$16.50	$25.00	114.6%	32.9%	34.2%	65.1%	0.0%	0.0%	-76.5%	8.3K	-144.1K	-821	0.00	108.77	N/A	N/A	0	0	855	35
2018-12-21	$16.40	$25.00	75.4%	21.6%	34.2%	35.6%	0.0%	0.0%	-6.9%	3.0K	-15.1K	-234	0.00	42.54	N/A	N/A	0	0	855	35
2018-12-24	$16.15	$25.00	150.9%	43.3%	34.3%	92.4%	162.6%	0.0%	-103.2%	8.2K	-176.4K	-896	0.08	135.41	N/A	N/A	2	0	834	34
2018-12-26	$16.45	$12.50	93.4%	26.8%	35.5%	49.1%	74.5%	0.0%	-40.2%	4.7K	-65.5K	-328	0.00	103.53	N/A	N/A	1	0	834	16
2018-12-27	$16.20	$12.50	119.4%	34.2%	35.2%	68.7%	78.3%	0.0%	-34.1%	7.0K	-123.6K	-559	0.00	112.50	N/A	N/A	1	0	834	16
2018-12-28	$16.35	$12.50	115.0%	33.0%	34.9%	65.4%	78.9%	0.0%	-48.5%	6.7K	-108.9K	-476	0.00	113.72	N/A	N/A	1	0	834	16
2018-12-31	$16.25	$12.50	108.3%	31.1%	34.7%	60.4%	0.0%	0.0%	-52.7%	4.8K	-66.7K	-283	0.00	97.17	N/A	N/A	0	0	834	16