HIVE Options History — February 2023

In February 2023, HIVE traded between $2.66 and $4.05. ATM implied volatility averaged 128.0%, placing in the 27.7% IV rank vs the trailing year. The 30-day expected move averaged 35.3%. IV traded above realized volatility by 9.2% (HV 20d: 118.7%). Max pain ranged from $3.00 to $3.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 6 of 19 days. Put/call ratio averaged 0.42.

Notable Days

  • 2023-02-02: Highest Volume — 5,653 contracts
  • 2023-02-07: Largest IV drop — 18.9% change
  • 2023-02-06: Highest IV Rank — 37.7%
  • 2023-02-01: Largest Expected Move — 39.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.25$2.66$4.05$3.67$2.83
Max Pain$3.00$3.00$3.00$3.00$3.00
ATM IV128.0%107.3%170.3%137.5%111.3%
Expected Move35.3%30.8%39.4%39.4%31.9%
HV 20d118.7%96.2%156.4%151.0%98.5%
HV 60d115.6%113.8%117.6%115.2%115.7%
IV Rank27.7%22.8%37.7%29.9%23.7%
IV Percentile71.7%37.7%96.8%87.7%45.6%
Term Structure-6.1%-18.7%4.8%-10.8%4.8%
VWIV124.0%106.8%147.2%147.2%123.2%
Skew 25d10.9%-29.3%131.6%14.8%87.8%
Skew 10d39.2%-37.1%200.1%82.2%131.2%
Call IV 25d122.9%87.1%134.7%134.7%133.3%
Put IV 25d133.9%96.9%221.0%149.5%221.0%
Bid-Ask Spread %31.457.1754.0414.1454.04
Gamma HHI0.240.200.310.250.24
Net GEX18.8K10.2K30.5K28.9K11.9K
Net DEX-1.2M-3.3M69.7K-2.5M-76.0K
Net VEX-10.2K-13.4K-8.2K-12.3K-8.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.420.011.941.200.01
Total Volume941.2112405,653986404
Total OI25,231.84220,98428,46325,60022,821

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-02-01$3.67$3.00137.5%39.4%151.0%29.9%147.2%14.8%-10.8%28.9K-2.5M-12.3K1.2014.14N/AN/A44853819,0786,522
2023-02-02$4.05$3.00146.5%36.9%147.0%32.1%130.1%-5.4%-9.9%30.5K-3.3M-13.4K0.1327.14N/AN/A4,99465918,9907,019
2023-02-03$3.75$3.00145.1%36.2%152.4%31.7%130.1%-0.1%-7.5%26.2K-2.2M-12.1K0.1722.93N/AN/A5449518,6937,263
2023-02-06$3.60$3.00170.3%37.6%154.6%37.7%127.8%4.8%-12.9%24.5K-1.9M-11.8K0.1617.48N/AN/A4827918,7987,288
2023-02-07$3.58$3.00138.2%35.7%148.5%30.1%125.0%7.7%-5.5%24.9K-1.7M-11.0K1.3016.20N/AN/A22629418,9757,337
2023-02-08$3.54$3.00134.5%38.6%148.9%29.2%131.3%-0.9%-12.9%23.4K-1.7M-10.9K0.2428.18N/AN/A1944619,0887,604
2023-02-09$3.16$3.00130.5%37.4%156.4%28.3%130.5%4.2%-5.3%19.2K-997.6K-10.5K0.1753.67N/AN/A4487819,0817,644
2023-02-10$2.99$3.00130.1%37.3%104.6%28.2%126.9%-3.0%-8.6%17.3K-560.0K-9.5K0.6140.91N/AN/A36522319,0497,653
2023-02-13$3.01$3.00128.1%36.7%104.7%27.7%129.0%-0.1%-11.8%17.7K-594.5K-9.4K0.1349.45N/AN/A3855019,2137,661
2023-02-14$3.25$3.00123.0%35.3%107.7%26.5%116.1%-6.7%-6.2%21.0K-1.1M-9.8K0.1341.89N/AN/A2513219,1447,664
2023-02-15$3.52$3.00119.3%34.2%96.7%25.6%122.5%7.2%0.2%17.8K-1.8M-10.2K0.1424.79N/AN/A1,13915619,1717,680
2023-02-16$3.29$3.00120.9%34.7%100.5%26.0%120.9%-24.5%-13.7%18.0K-1.6M-10.4K1.9439.48N/AN/A48794319,9017,719
2023-02-17$3.31$3.00114.9%32.9%97.3%24.6%109.9%11.8%3.7%15.4K-1.5M-10.3K0.3220.84N/AN/A48615719,9328,531
2023-02-21$3.04$3.00126.4%36.2%96.2%27.3%127.1%-22.1%-18.7%13.2K-444.5K-9.7K0.4233.22N/AN/A76531915,0305,954
2023-02-22$2.91$3.00113.7%32.6%96.8%24.3%117.4%13.0%1.5%12.1K-139.5K-8.5K0.0420.49N/AN/A7952915,4106,232
2023-02-23$2.81$3.00121.7%34.9%97.3%26.2%122.1%-29.3%-7.3%12.7K-224.0K-9.0K0.237.17N/AN/A2595915,9926,334
2023-02-24$2.66$3.00112.1%32.1%97.9%23.9%111.6%16.8%1.6%10.2K69.7K-8.2K0.2052.67N/AN/A70213816,0796,392
2023-02-27$2.75$3.00107.3%30.8%99.0%22.8%106.8%131.6%3.9%11.4K-26.0K-8.3K0.5432.81N/AN/A39921516,0186,445
2023-02-28$2.83$3.00111.3%31.9%98.5%23.7%123.2%87.8%4.8%11.9K-76.0K-8.9K0.0154.04N/AN/A400416,1716,650