HIVE Options History — July 2023

In July 2023, HIVE traded between $5.03 and $6.64. ATM implied volatility averaged 102.3%, placing in the 21.6% IV rank vs the trailing year. The 30-day expected move averaged 29.4%. IV traded above realized volatility by 21.8% (HV 20d: 80.5%). Max pain ranged from $4.00 to $6.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 3 of 20 days. Put/call ratio averaged 0.31.

Notable Days

  • 2023-07-13: Highest Volume — 8,186 contracts
  • 2023-07-12: Largest IV spike — 15.6% change
  • 2023-07-13: Highest IV Rank — 23.6%
  • 2023-07-13: Largest Expected Move — 31.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.51$5.03$6.64$5.03$5.38
Max Pain$5.10$4.00$6.00$4.00$6.00
ATM IV102.3%86.9%110.7%86.9%107.0%
Expected Move29.4%24.9%31.7%24.9%30.7%
HV 20d80.5%64.6%92.5%72.3%86.9%
HV 60d72.9%69.9%77.3%73.3%72.1%
IV Rank21.6%17.9%23.6%17.9%22.7%
IV Percentile43.1%7.9%59.9%7.9%54.0%
Term Structure-3.8%-11.5%16.0%16.0%-11.5%
VWIV102.3%83.2%112.0%83.2%106.6%
Skew 25d-5.1%-50.0%7.0%7.0%-16.1%
Skew 10d-0.1%-37.9%46.1%35.6%-7.9%
Call IV 25d106.3%90.2%123.2%90.2%111.8%
Put IV 25d101.2%73.2%111.3%97.3%95.8%
Bid-Ask Spread %34.7015.13137.6515.1337.49
Gamma HHI0.240.210.250.250.24
Net GEX97.8K83.2K123.8K91.1K92.4K
Net DEX-9.8M-14.1M-7.1M-8.9M-8.5M
Net VEX-45.4K-49.6K-37.9K-37.9K-49.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.310.011.640.120.90
Total Volume2,226.9508,1861,470739
Total OI41,513.3537,04246,54437,04243,884

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-07-03$5.03$4.0086.9%24.9%72.3%17.9%83.2%7.0%16.0%91.1K-8.9M-37.9K0.1215.13N/AN/A1,30816231,4515,591
2023-07-05$5.16$4.0090.6%26.0%66.6%18.8%89.4%-4.4%7.2%92.7K-9.4M-39.2K0.2518.21N/AN/A1,80746031,9435,699
2023-07-06$5.17$4.0090.2%27.0%67.2%18.7%94.4%0.1%-2.9%95.0K-9.4M-39.8K0.0946.92N/AN/A1,44513232,7866,105
2023-07-07$5.51$4.0093.2%27.8%64.6%19.4%97.0%-0.2%-1.8%95.0K-10.9M-41.9K0.0830.07N/AN/A2,14817432,7086,148
2023-07-10$5.87$4.0099.1%27.9%65.1%20.8%96.6%1.2%-8.3%101.4K-12.4M-42.4K0.1533.85N/AN/A2,03729733,4306,242
2023-07-11$5.71$4.0094.3%27.4%64.9%19.7%93.0%7.0%-8.7%98.5K-10.2M-42.4K0.0920.46N/AN/A2,08419230,7886,434
2023-07-12$5.82$5.00109.0%31.3%65.0%23.2%0.0%-50.0%11.5%86.1K-12.1M-43.8K0.00137.65N/AN/A0031,8826,574
2023-07-13$6.64$5.00110.7%31.7%72.9%23.6%112.0%-4.0%-8.3%107.1K-14.1M-48.0K0.1332.07N/AN/A7,27091631,8746,574
2023-07-14$5.94$5.00104.2%29.9%89.7%22.0%105.3%-1.1%-2.8%123.8K-11.5M-48.0K0.3327.60N/AN/A3,7671,25135,3937,015
2023-07-17$5.75$5.00107.7%30.9%91.3%22.9%108.7%-5.8%-5.7%116.1K-10.5M-48.1K0.2716.33N/AN/A1,64344836,3738,149
2023-07-18$5.63$5.00107.6%30.9%92.4%22.8%109.0%-7.3%-3.1%112.5K-10.0M-48.4K0.1017.87N/AN/A3,02330936,9898,442
2023-07-19$5.76$5.00109.5%31.4%88.2%23.3%108.2%-3.1%-9.0%120.7K-10.7M-49.4K0.1120.39N/AN/A2,37527037,4698,554
2023-07-20$5.47$6.00104.4%29.9%91.1%22.1%107.7%-7.3%-6.6%94.1K-9.6M-48.7K0.1531.49N/AN/A85012637,7778,767
2023-07-21$5.33$6.00105.6%30.3%92.4%22.4%106.2%-5.0%-6.7%91.1K-8.7M-46.5K0.1735.50N/AN/A1,72430037,5438,862
2023-07-24$5.13$6.00101.9%29.2%92.5%21.5%102.2%1.0%-6.6%86.8K-7.4M-45.0K0.1230.52N/AN/A1,20914834,3286,008
2023-07-25$5.20$6.00106.8%30.6%89.7%22.6%107.1%-11.4%-8.3%89.9K-7.8M-46.7K1.6434.73N/AN/A53888134,7026,095
2023-07-26$5.29$6.00104.7%30.0%83.9%22.2%106.2%-3.5%-5.7%89.1K-8.0M-47.6K0.2744.78N/AN/A99127234,8576,885
2023-07-27$5.03$6.00104.5%30.0%86.5%22.1%99.8%0.4%-5.3%83.2K-7.1M-46.2K0.9422.80N/AN/A54451135,4667,147
2023-07-28$5.28$6.00107.4%30.8%86.8%22.8%110.7%0.5%-9.1%88.6K-8.1M-49.3K0.0140.26N/AN/A2,1583035,7477,586
2023-07-31$5.38$6.00107.0%30.7%86.9%22.7%106.6%-16.1%-11.5%92.4K-8.5M-49.6K0.9037.49N/AN/A38835136,2767,608