HIVE Options History — July 2019

In July 2019, HIVE traded between $22.10 and $22.20. ATM implied volatility averaged 23.8%, placing in the 2.6% IV rank vs the trailing year. The 30-day expected move averaged 6.3%. IV traded below realized volatility by 69.2% (HV 20d: 93.0%). Max pain ranged from $12.50 to $25.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 4 of 22 days. Put/call ratio averaged 0.16.

Notable Days

2019-07-12: Highest Volume — 81 contracts
2019-07-10: Largest IV drop — 47.0% change
2019-07-09: Highest IV Rank — 5.9%
2019-07-31: Largest Expected Move — 8.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$22.13	$22.10	$22.20	$22.15	$22.20
Max Pain	$14.77	$12.50	$25.00	$12.50	$25.00
ATM IV	23.8%	17.7%	33.4%	26.0%	28.2%
Expected Move	6.3%	4.9%	8.1%	7.4%	8.1%
HV 20d	93.0%	2.0%	122.7%	122.7%	2.0%
HV 60d	76.9%	71.9%	83.9%	83.9%	71.9%
IV Rank	2.6%	0.0%	5.9%	1.6%	5.8%
IV Percentile	4.6%	0.0%	11.9%	3.6%	11.9%
Term Structure	-6.4%	-12.9%	25.9%	-10.5%	-12.9%
VWIV	23.5%	22.8%	24.3%	24.3%	23.4%
Bid-Ask Spread %	67.25	29.78	114.48	84.89	33.46
Gamma HHI	0.99	0.98	1.00	1.00	1.00
Net GEX	6.3K	4.5K	7.9K	4.5K	7.3K
Net DEX	-90.0K	-151.2K	-3.5K	-36.7K	-30.6K
Net VEX	-547	-747	-190	-190	-256
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.16	0.00	0.91	0.91	0.20
Total Volume	21.909	0	81	42	2
Total OI	333.864	270	406	270	294

Daily Data (22 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
2019-07-01	$22.15	$12.50	26.0%	7.4%	122.7%	1.6%	24.3%	0.0%	-10.5%	4.5K	-36.7K	-190	0.91	84.89	N/A	N/A	22	20	244	26
2019-07-02	$22.10	$25.00	25.8%	7.4%	121.5%	1.5%	22.8%	0.0%	-11.2%	4.7K	-3.5K	-297	0.09	43.24	N/A	N/A	22	2	243	46
2019-07-03	$22.10	$25.00	26.5%	7.6%	121.1%	1.9%	23.4%	0.0%	-11.8%	4.7K	-7.0K	-270	0.09	34.66	N/A	N/A	22	2	243	44
2019-07-05	$22.15	$12.50	29.4%	4.9%	120.4%	3.6%	0.0%	0.0%	-6.8%	5.3K	-10.8K	-288	0.02	40.25	N/A	N/A	22	0	243	44
2019-07-08	$22.10	$12.50	31.9%	5.0%	120.1%	5.0%	0.0%	0.0%	7.6%	4.9K	-5.0K	-254	0.00	114.48	N/A	N/A	37	0	243	43
2019-07-09	$22.10	$12.50	33.4%	5.0%	120.1%	5.9%	0.0%	0.0%	-7.6%	6.0K	-47.4K	-468	0.00	76.85	N/A	N/A	77	0	286	43
2019-07-10	$22.10	$12.50	17.7%	5.1%	120.2%	0.0%	0.0%	0.0%	2.0%	5.0K	-151.2K	-747	0.01	85.06	N/A	N/A	77	0	363	43
2019-07-11	$22.10	$12.50	17.9%	5.1%	120.3%	0.1%	0.0%	0.0%	1.9%	6.8K	-110.4K	-727	0.01	52.25	N/A	N/A	77	0	363	43
2019-07-12	$22.10	$12.50	18.2%	5.2%	120.3%	0.3%	0.0%	0.0%	-8.3%	4.8K	-148.9K	-731	0.00	75.31	N/A	N/A	81	0	363	43
2019-07-15	$22.10	$12.50	19.0%	5.4%	119.3%	0.7%	0.0%	0.0%	-9.0%	4.7K	-149.7K	-719	0.00	76.22	N/A	N/A	2	0	363	43
2019-07-16	$22.10	$12.50	19.3%	5.5%	119.2%	0.9%	0.0%	0.0%	-9.3%	4.8K	-150.2K	-716	0.00	75.31	N/A	N/A	2	0	363	43
2019-07-17	$22.15	$12.50	20.3%	5.8%	119.3%	1.4%	0.0%	0.0%	-9.4%	7.4K	-105.9K	-700	0.50	34.68	N/A	N/A	2	1	363	43
2019-07-18	$22.15	$12.50	20.6%	5.9%	118.0%	1.6%	0.0%	0.0%	-9.7%	7.3K	-108.1K	-696	0.50	29.78	N/A	N/A	2	1	363	42
2019-07-19	$22.15	$12.50	20.9%	6.0%	118.0%	1.8%	0.0%	0.0%	-10.1%	7.4K	-109.5K	-695	0.50	101.65	N/A	N/A	2	1	363	41
2019-07-22	$22.15	$12.50	22.1%	6.3%	117.9%	2.4%	0.0%	0.0%	25.9%	7.4K	-133.7K	-684	0.00	32.82	N/A	N/A	0	0	289	5
2019-07-23	$22.15	$12.50	22.6%	6.5%	117.5%	2.7%	0.0%	0.0%	-8.8%	7.5K	-132.7K	-680	0.00	68.87	N/A	N/A	0	0	289	5
2019-07-24	$22.15	$12.50	23.0%	6.6%	117.4%	2.9%	0.0%	0.0%	-9.2%	7.5K	-132.6K	-676	0.00	32.82	N/A	N/A	2	0	289	5
2019-07-25	$22.15	$12.50	23.5%	6.7%	2.5%	3.2%	0.0%	0.0%	-9.6%	7.9K	-124.0K	-673	0.00	112.57	N/A	N/A	2	0	289	5
2019-07-26	$22.20	$12.50	24.7%	7.1%	2.5%	3.9%	0.0%	0.0%	-9.9%	7.3K	-31.6K	-264	0.00	74.62	N/A	N/A	2	0	289	5
2019-07-29	$22.15	$12.50	25.9%	7.4%	2.6%	4.5%	0.0%	0.0%	-11.7%	7.8K	-126.3K	-657	0.00	100.00	N/A	N/A	0	0	289	5
2019-07-30	$22.15	$25.00	26.7%	7.6%	2.0%	4.9%	0.0%	0.0%	-12.3%	7.7K	-125.0K	-653	0.00	99.79	N/A	N/A	0	0	289	5
2019-07-31	$22.20	$25.00	28.2%	8.1%	2.0%	5.8%	0.0%	0.0%	-12.9%	7.3K	-30.6K	-256	0.20	33.46	N/A	N/A	2	0	289	5