HIVE Options History — April 2023

In April 2023, HIVE traded between $3.13 and $4.04. ATM implied volatility averaged 90.5%, placing in the 18.8% IV rank vs the trailing year. The 30-day expected move averaged 27.0%. IV traded above realized volatility by 2.5% (HV 20d: 88.0%). Max pain ranged from $3.00 to $4.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 13 of 19 days. Put/call ratio averaged 0.22.

Notable Days

  • 2023-04-17: Highest Volume — 3,310 contracts
  • 2023-04-12: Largest IV spike — 42.7% change
  • 2023-04-12: Highest IV Rank — 22.0%
  • 2023-04-10: Largest Expected Move — 31.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.50$3.13$4.04$3.40$3.34
Max Pain$3.68$3.00$4.00$3.00$4.00
ATM IV90.5%73.0%104.2%89.3%90.8%
Expected Move27.0%23.9%31.4%25.6%26.0%
HV 20d88.0%79.8%101.4%101.3%82.4%
HV 60d99.0%90.6%118.3%118.0%91.2%
IV Rank18.8%14.6%22.0%18.5%18.9%
IV Percentile10.7%2.4%31.7%6.3%11.1%
Term Structure4.7%-8.7%28.9%28.9%-7.4%
VWIV92.4%84.8%102.2%96.2%92.1%
Skew 25d5.2%-14.6%44.7%11.0%-1.5%
Skew 10d24.7%-2.1%71.8%24.0%29.4%
Call IV 25d89.3%67.0%103.8%90.2%90.9%
Put IV 25d94.5%81.5%111.7%101.2%89.4%
Bid-Ask Spread %47.5719.8163.6863.6854.19
Gamma HHI0.280.210.420.250.21
Net GEX20.0K5.8K49.3K9.9K15.5K
Net DEX-2.2M-3.6M-1.2M-1.6M-1.7M
Net VEX-16.9K-19.9K-13.2K-13.2K-16.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.220.011.041.040.08
Total Volume1,130.6321993,310470199
Total OI26,006.68422,11630,13822,11626,812

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-04-03$3.40$3.0089.3%25.6%101.3%18.5%96.2%11.0%28.9%9.9K-1.6M-13.2K1.0463.68N/AN/A23024015,7176,399
2023-04-04$3.29$3.0091.5%26.2%100.0%19.0%94.6%5.7%9.5%9.2K-1.8M-16.0K0.2839.56N/AN/A3058515,8396,605
2023-04-05$3.17$3.0088.0%25.2%101.4%18.2%84.8%34.8%19.3%5.8K-1.5M-15.5K0.2454.86N/AN/A4029615,8386,632
2023-04-06$3.23$3.0093.6%28.4%87.7%19.5%90.8%-0.2%0.9%6.3K-1.6M-15.2K0.0144.17N/AN/A1,2481616,0776,666
2023-04-10$3.48$3.0080.0%31.4%89.6%16.3%101.0%44.7%-1.9%14.7K-2.1M-15.6K0.0441.62N/AN/A1,2445617,1946,671
2023-04-11$3.75$3.0073.0%29.8%79.8%14.6%99.1%-1.1%-8.7%30.9K-2.9M-17.0K0.4342.65N/AN/A1,94283417,8926,648
2023-04-12$3.65$4.00104.2%29.9%79.9%22.0%102.2%6.1%-5.1%22.4K-2.7M-18.1K0.1662.98N/AN/A77412218,4307,421
2023-04-13$4.04$4.0095.1%27.3%85.2%19.9%95.9%1.1%1.2%37.1K-3.6M-17.7K0.3233.60N/AN/A1,85560218,4217,523
2023-04-14$4.04$4.0099.0%28.4%85.3%20.8%97.0%-0.4%-3.0%41.8K-3.6M-19.6K0.0561.61N/AN/A1,6177719,0458,102
2023-04-17$3.83$4.0096.8%27.7%85.4%20.3%94.3%-14.6%0.2%38.8K-2.8M-18.0K0.0548.73N/AN/A3,16514519,1188,113
2023-04-18$3.96$4.0086.8%24.9%83.7%17.9%85.4%4.7%12.0%49.3K-3.4M-19.9K0.4657.84N/AN/A53224521,2378,225
2023-04-19$3.69$4.0086.8%24.9%85.0%17.9%87.0%3.9%6.2%19.3K-2.5M-19.1K0.1756.97N/AN/A1,18219921,2678,338
2023-04-20$3.34$4.0092.7%26.6%90.1%19.3%86.0%12.7%10.7%14.4K-1.8M-17.1K0.2650.18N/AN/A86022421,4408,249
2023-04-21$3.21$4.0083.4%23.9%89.8%17.1%85.3%-3.0%20.3%12.4K-1.6M-16.6K0.1262.83N/AN/A4445421,6778,461
2023-04-24$3.17$4.0094.8%27.2%89.5%19.8%92.5%2.0%0.5%11.5K-1.4M-16.4K0.2619.81N/AN/A73518919,4415,938
2023-04-25$3.13$4.0089.7%25.7%85.7%18.6%93.6%-12.8%2.1%11.0K-1.2M-15.8K0.0825.31N/AN/A4273519,7356,109
2023-04-26$3.31$4.0093.9%26.9%87.6%19.6%91.7%1.0%4.8%14.6K-1.6M-17.4K0.0931.87N/AN/A5825320,2036,091
2023-04-27$3.38$4.0090.6%26.0%82.3%18.8%86.8%4.8%-0.3%15.3K-1.6M-17.0K0.0451.40N/AN/A4511620,4706,083
2023-04-28$3.34$4.0090.8%26.0%82.4%18.9%92.1%-1.5%-7.4%15.5K-1.7M-16.7K0.0854.19N/AN/A1851420,7226,090