HIVE Options History — March 2023

In March 2023, HIVE traded between $2.33 and $3.29. ATM implied volatility averaged 105.7%, placing in the 22.4% IV rank vs the trailing year. The 30-day expected move averaged 30.1%. IV traded above realized volatility by 13.5% (HV 20d: 92.1%). Max pain ranged from $3.00 to $3.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 16 of 23 days. Put/call ratio averaged 0.69.

Notable Days

  • 2023-03-17: Highest Volume — 3,720 contracts
  • 2023-03-14: Largest IV spike — 25.6% change
  • 2023-03-14: Highest IV Rank — 29.7%
  • 2023-03-17: Largest Expected Move — 34.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.89$2.33$3.29$2.81$3.29
Max Pain$3.00$3.00$3.00$3.00$3.00
ATM IV105.7%88.2%136.5%108.7%88.2%
Expected Move30.1%25.3%34.1%31.2%25.3%
HV 20d92.1%77.9%101.2%96.1%101.0%
HV 60d118.8%113.4%122.3%115.3%117.9%
IV Rank22.4%18.2%29.7%23.1%18.2%
IV Percentile35.5%6.0%86.9%40.9%6.0%
Term Structure4.0%-10.6%20.9%2.4%10.6%
VWIV106.0%88.1%117.7%107.5%88.1%
Skew 25d5.7%-21.5%135.2%-2.6%-1.5%
Skew 10d39.0%-17.9%306.3%4.4%10.3%
Call IV 25d100.4%71.2%118.3%89.3%89.6%
Put IV 25d106.0%77.7%232.6%86.7%88.0%
Bid-Ask Spread %37.129.0672.5110.1052.30
Gamma HHI0.290.200.680.260.25
Net GEX11.6K5.2K32.1K12.5K10.3K
Net DEX-705.4K-1.8M402.2K-112.8K-1.7M
Net VEX-11.4K-15.5K-6.9K-9.2K-15.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.690.017.470.040.29
Total Volume1,137.6091993,7202271,093
Total OI23,424.52218,37829,20623,16721,516

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-03-01$2.81$3.00108.7%31.2%96.1%23.1%107.5%-2.6%2.4%12.5K-112.8K-9.2K0.0410.10N/AN/A218916,5156,652
2023-03-02$2.79$3.00117.1%33.6%90.7%25.1%117.1%-5.7%-2.5%11.8K-229.6K-8.6K0.6622.56N/AN/A19012516,5596,654
2023-03-03$2.75$3.00106.2%30.4%80.4%22.5%105.9%-10.7%-1.4%11.6K69.1K-8.3K0.539.06N/AN/A39521116,6686,660
2023-03-06$2.77$3.00114.8%29.4%77.9%24.5%107.8%-7.7%5.2%12.3K93.6K-8.2K0.0123.34N/AN/A1,254716,8886,766
2023-03-07$2.63$3.00112.6%31.3%78.5%24.0%111.7%-0.8%-1.9%11.6K54.9K-8.6K0.0521.09N/AN/A1891017,9286,768
2023-03-08$2.67$3.00108.9%30.8%79.2%23.1%106.8%-0.3%1.5%12.5K43.8K-8.5K7.4736.42N/AN/A1561,16617,9846,774
2023-03-09$2.35$3.0090.7%33.4%88.7%18.8%113.9%16.7%-10.6%5.2K402.2K-7.6K0.2413.34N/AN/A89221218,0797,116
2023-03-10$2.33$3.00111.7%30.9%81.7%23.8%113.6%6.1%-2.4%7.2K390.0K-6.9K0.7234.63N/AN/A29421118,5077,205
2023-03-13$2.69$3.00108.7%32.1%97.7%23.1%112.2%11.1%7.3%5.3K250.8K-8.8K0.1150.77N/AN/A2,07422218,6337,109
2023-03-14$2.84$3.00136.5%33.3%99.9%29.7%116.0%-6.1%-5.1%22.1K-565.5K-10.9K0.3446.28N/AN/A93431920,2907,067
2023-03-15$2.80$3.00117.7%33.7%95.4%25.2%117.7%5.1%1.9%22.7K-320.3K-10.0K0.5372.51N/AN/A89847620,7197,211
2023-03-16$2.88$3.00115.6%33.1%90.8%24.7%115.7%13.4%3.4%32.1K-430.0K-11.2K1.0466.50N/AN/A94598021,1577,590
2023-03-17$3.12$3.00119.0%34.1%93.5%25.5%111.2%30.6%-9.5%9.3K-1.6M-12.3K0.3835.37N/AN/A2,6921,02821,4327,774
2023-03-20$3.00$3.0099.5%28.5%94.3%20.9%101.7%-18.3%20.9%10.9K-1.4M-13.4K0.6439.61N/AN/A1,30182913,6604,718
2023-03-21$3.25$3.00104.5%30.0%93.9%22.1%104.3%3.3%2.4%12.0K-1.8M-14.9K1.4522.86N/AN/A8781,27414,5905,391
2023-03-22$3.06$3.0094.2%27.0%95.1%19.7%95.4%-21.2%6.4%8.2K-1.4M-14.9K0.0849.69N/AN/A1,37310915,1366,258
2023-03-23$3.21$3.0094.4%27.1%95.4%19.7%94.8%2.8%16.8%9.9K-1.6M-14.6K0.4028.48N/AN/A62524814,4865,847
2023-03-24$3.13$3.0094.6%27.1%93.4%19.8%100.7%-21.5%11.9%9.0K-1.4M-14.6K0.1240.35N/AN/A4986214,5086,053
2023-03-27$2.92$3.00101.3%29.0%96.8%21.3%101.9%-12.7%7.0%6.9K-1.1M-13.5K0.2035.22N/AN/A3747514,6446,101
2023-03-28$2.90$3.0098.0%28.1%96.3%20.6%98.4%6.5%4.1%6.0K-1.0M-13.8K0.0652.84N/AN/A2981814,6786,153
2023-03-29$3.17$3.0091.8%26.3%101.2%19.1%96.4%135.2%7.0%7.2K-1.3M-14.2K0.1257.12N/AN/A6577714,7586,161
2023-03-30$3.20$3.0095.5%27.4%101.0%20.0%99.7%8.3%15.7%9.8K-1.5M-14.7K0.4733.33N/AN/A1838615,2276,174
2023-03-31$3.29$3.0088.2%25.3%101.0%18.2%88.1%-1.5%10.6%10.3K-1.7M-15.5K0.2952.30N/AN/A85024315,3236,193