HIVE Options History — January 2023

In January 2023, HIVE traded between $1.52 and $3.42. ATM implied volatility averaged 134.5%, placing in the 29.2% IV rank vs the trailing year. The 30-day expected move averaged 39.3%. IV traded above realized volatility by 3.8% (HV 20d: 130.7%). Max pain ranged from $1.00 to $5.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 4 of 20 days. Put/call ratio averaged 0.34.

Notable Days

  • 2023-01-12: Highest Volume — 8,720 contracts
  • 2023-01-12: Largest IV spike — 40.2% change
  • 2023-01-30: Highest IV Rank — 37.9%
  • 2023-01-30: Largest Expected Move — 49.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.77$1.52$3.42$1.52$3.40
Max Pain$2.15$1.00$5.00$5.00$2.00
ATM IV134.5%73.8%171.3%101.0%152.5%
Expected Move39.3%23.2%49.1%29.0%43.7%
HV 20d130.7%61.6%160.8%61.6%151.2%
HV 60d103.2%74.6%116.1%74.6%114.6%
IV Rank29.2%14.8%37.9%21.3%33.5%
IV Percentile68.1%2.8%97.2%20.6%92.9%
Term Structure-6.1%-27.2%44.1%37.3%-19.6%
VWIV133.7%68.9%165.4%85.1%153.5%
Skew 25d7.3%-34.3%95.3%95.3%-1.5%
Skew 10d0.4%-64.6%49.0%49.0%12.1%
Call IV 25d131.8%69.2%172.1%85.1%150.5%
Put IV 25d139.1%84.1%180.4%180.4%149.0%
Bid-Ask Spread %29.3613.9954.5020.8320.03
Gamma HHI0.370.300.540.390.30
Net GEX19.6K1.7K34.5K1.7K28.9K
Net DEX-566.3K-2.0M1.1M1.1M-2.0M
Net VEX-7.9K-11.4K-2.0K-2.0K-11.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.340.012.410.042.41
Total Volume1,481.45688,7208451,842
Total OI32,188.6521,68640,90433,62724,514

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-01-03$1.52$5.00101.0%29.0%61.6%21.3%85.1%95.3%37.3%1.7K1.1M-2.0K0.0420.83N/AN/A8143123,6829,945
2023-01-04$1.77$5.0080.8%23.2%82.6%16.5%76.8%47.1%44.1%4.0K1.0M-3.3K0.1225.58N/AN/A6327524,1839,973
2023-01-05$1.77$2.0073.8%30.6%81.0%14.8%106.7%8.1%1.0%4.8K982.3K-3.4K0.0154.12N/AN/A67124,45910,005
2023-01-06$1.79$2.0090.8%27.9%80.3%18.8%97.1%-1.2%1.0%4.6K1.0M-3.2K0.4454.50N/AN/A2239924,48810,005
2023-01-09$2.09$2.00101.7%31.1%97.7%21.4%68.9%34.1%-11.2%7.4K936.1K-4.2K0.1333.25N/AN/A1,52819324,59710,022
2023-01-10$2.19$1.00103.5%31.0%98.7%21.9%106.1%11.3%-0.4%10.2K732.6K-4.6K0.1823.41N/AN/A56710325,8629,994
2023-01-11$2.29$1.00108.6%31.1%99.1%23.1%102.6%12.0%-8.0%11.6K735.3K-4.7K0.1153.29N/AN/A2693026,00010,003
2023-01-12$3.19$1.00152.2%43.6%151.4%33.4%142.7%20.4%-8.6%24.4K-636.2K-8.7K0.0525.56N/AN/A8,30841226,14810,021
2023-01-13$3.16$2.00152.8%43.8%151.9%33.6%156.3%5.3%-24.9%30.4K-1.1M-10.0K0.2328.19N/AN/A3,13972828,47410,258
2023-01-17$3.27$2.00160.7%46.1%149.3%35.4%162.9%-2.4%-12.2%34.5K-1.3M-10.1K0.2622.70N/AN/A1,64842429,54810,779
2023-01-18$2.83$2.00158.0%45.3%160.8%34.8%157.3%-7.0%-6.3%27.7K-331.0K-8.9K0.3826.81N/AN/A88133929,78310,778
2023-01-19$2.90$2.00159.8%45.8%158.2%35.2%165.4%2.1%-13.3%29.6K-329.4K-9.1K0.2327.41N/AN/A68715829,58810,844
2023-01-20$3.12$2.00156.1%44.7%158.8%34.3%152.9%22.4%-14.5%19.5K-1.1M-9.3K0.1439.91N/AN/A1,45520930,00610,898
2023-01-23$3.42$2.00150.6%43.2%159.5%33.0%152.8%-22.4%-14.4%23.9K-2.0M-10.6K0.1413.99N/AN/A1,09915316,7064,980
2023-01-24$3.33$2.00162.5%46.6%157.4%35.9%159.7%-34.3%-17.6%24.5K-1.8M-10.7K1.4014.10N/AN/A29541217,2795,066
2023-01-25$3.30$2.00150.4%43.1%156.3%33.0%153.5%-22.5%-13.5%24.6K-1.8M-10.7K0.1319.09N/AN/A1,11714517,4805,424
2023-01-26$3.38$2.00153.2%43.9%154.7%33.6%155.9%11.1%-7.8%26.2K-1.9M-10.9K0.1617.27N/AN/A4697718,3225,470
2023-01-27$3.41$2.00149.9%43.0%150.0%32.9%154.4%-6.1%-6.3%27.1K-1.9M-11.1K0.1238.12N/AN/A2843518,4795,511
2023-01-30$3.23$2.00171.3%49.1%153.3%37.9%162.6%-25.1%-27.2%26.3K-1.7M-10.9K0.1628.96N/AN/A5899218,6755,524
2023-01-31$3.40$2.00152.5%43.7%151.2%33.5%153.5%-1.5%-19.6%28.9K-2.0M-11.4K2.4120.03N/AN/A5401,30218,9595,555