HIVE Options History — January 2022

In January 2022, HIVE traded between $8.65 and $13.60. ATM implied volatility averaged 117.6%, placing in the 52.1% IV rank vs the trailing year. The 30-day expected move averaged 35.0%. IV traded above realized volatility by 30.6% (HV 20d: 86.9%). Max pain ranged from $10.00 to $15.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 18 of 20 days. Put/call ratio averaged 0.24.

Notable Days

  • 2022-01-21: Highest Volume — 2,380 contracts
  • 2022-01-06: Largest IV spike — 55.6% change
  • 2022-01-25: Highest IV Rank — 66.5%
  • 2022-01-25: Largest Expected Move — 41.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$10.98$8.65$13.60$13.20$9.80
Max Pain$14.00$10.00$15.00$15.00$10.00
ATM IV117.6%62.0%145.1%109.1%113.9%
Expected Move35.0%17.8%41.6%31.3%32.6%
HV 20d86.9%77.0%99.3%81.0%99.3%
HV 60d71.6%61.3%82.7%61.3%82.7%
IV Rank52.1%23.1%66.5%47.7%50.2%
IV Percentile79.1%40.9%91.3%77.4%74.6%
Term Structure13.4%-1.4%54.7%14.7%17.7%
VWIV126.4%109.4%148.3%111.6%113.5%
Skew 25d-5.1%-48.8%87.7%-45.4%26.9%
Skew 10d-1.2%-78.8%119.3%-78.8%42.8%
Call IV 25d120.6%90.7%153.8%119.4%95.6%
Put IV 25d115.5%62.5%181.6%74.1%122.5%
Bid-Ask Spread %13.907.5937.7311.9910.87
Gamma HHI0.230.170.320.290.18
Net GEX72.0K39.2K130.1K118.8K50.3K
Net DEX-3.3M-7.0M-1.3M-5.7M-2.6M
Net VEX-31.0K-48.7K-20.5K-46.4K-22.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.240.070.680.320.15
Total Volume1,060.955002,3801,614776
Total OI34,824.8531,37337,94134,04333,281

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-01-03$13.20$15.00109.1%31.3%81.0%47.7%111.6%-45.4%14.7%118.8K-5.7M-46.4K0.3211.99N/AN/A1,21939531,1152,928
2022-01-04$13.60$15.00123.0%35.3%82.1%55.0%122.5%-17.5%4.9%130.1K-7.0M-48.7K0.199.39N/AN/A94017831,7412,845
2022-01-05$12.30$15.0062.0%17.8%85.4%23.1%111.9%-48.8%54.7%100.8K-4.4M-39.2K0.407.59N/AN/A62324732,1072,862
2022-01-06$12.00$15.0096.4%36.4%84.1%41.1%130.7%-21.7%13.2%96.8K-4.3M-39.8K0.1717.15N/AN/A92015832,0563,025
2022-01-07$11.45$15.00110.6%35.4%77.1%48.5%135.4%-15.8%5.9%87.5K-3.6M-37.5K0.6510.92N/AN/A56937132,0163,036
2022-01-10$11.35$15.00101.4%37.2%77.0%43.7%133.3%-12.6%7.1%72.4K-2.9M-30.6K0.3211.37N/AN/A66921532,0112,923
2022-01-11$12.00$15.00107.3%37.1%79.5%46.8%123.3%-0.6%-1.4%75.8K-3.5M-35.7K0.0711.96N/AN/A8315732,1552,992
2022-01-12$12.75$15.00121.0%34.7%83.0%54.0%122.6%-6.7%22.5%79.9K-3.7M-35.5K0.0914.43N/AN/A1,30111932,5132,998
2022-01-13$11.65$15.00125.0%35.8%87.8%56.0%132.9%-20.6%4.0%93.8K-4.1M-35.3K0.0813.31N/AN/A8477033,2003,055
2022-01-14$12.00$15.00129.1%37.0%86.1%58.1%121.3%0.2%3.7%73.0K-3.3M-32.2K0.1114.14N/AN/A7978733,5013,067
2022-01-18$10.90$15.00119.4%34.2%92.1%53.1%131.8%-16.6%25.4%72.2K-2.5M-27.1K0.5818.24N/AN/A47027033,9923,085
2022-01-19$10.65$15.00120.5%34.5%91.4%53.7%122.4%-4.1%9.7%68.1K-2.3M-27.0K0.1211.98N/AN/A5726933,9883,109
2022-01-20$10.85$15.00124.8%35.8%83.0%55.9%116.4%5.0%13.4%55.2K-2.8M-25.8K0.1137.73N/AN/A1,16613334,2812,928
2022-01-21$9.30$15.00138.9%39.8%95.5%63.3%148.3%-35.2%-0.2%46.5K-1.3M-23.3K0.209.32N/AN/A1,98139935,0032,938
2022-01-24$9.15$15.00142.7%40.9%89.6%65.3%142.5%87.7%13.4%48.2K-2.5M-24.1K0.2115.85N/AN/A1,25426829,2582,115
2022-01-25$9.25$15.00145.1%41.6%89.8%66.5%144.5%30.6%2.5%44.4K-2.4M-23.7K0.1911.82N/AN/A71413829,7092,177
2022-01-26$9.40$10.00126.0%36.1%88.4%56.6%127.9%-24.1%15.0%43.3K-2.5M-22.9K0.0711.74N/AN/A1,2628930,1402,181
2022-01-27$8.65$10.00125.6%36.0%90.4%56.4%125.6%4.3%15.8%39.2K-1.9M-20.5K0.1412.77N/AN/A4776830,7442,218
2022-01-28$9.25$10.00109.1%31.3%95.6%47.7%109.4%13.2%25.0%44.5K-2.2M-21.8K0.6815.47N/AN/A29820230,9562,248
2022-01-31$9.80$10.00113.9%32.6%99.3%50.2%113.5%26.9%17.7%50.3K-2.6M-22.6K0.1510.87N/AN/A67510130,9772,304