HIVE Options History — August 2023

In August 2023, HIVE traded between $3.42 and $5.19. ATM implied volatility averaged 98.6%, placing in the 20.9% IV rank vs the trailing year. The 30-day expected move averaged 27.8%. IV traded above realized volatility by 25.6% (HV 20d: 73.0%). Max pain ranged from $4.00 to $6.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 10 of 23 days. Put/call ratio averaged 0.57.

Notable Days

  • 2023-08-07: Highest Volume — 3,963 contracts
  • 2023-08-24: Largest IV drop — 18.3% change
  • 2023-08-08: Highest IV Rank — 24.4%
  • 2023-08-02: Largest Expected Move — 31.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.19$3.42$5.19$5.19$3.67
Max Pain$4.96$4.00$6.00$6.00$5.00
ATM IV98.6%79.5%114.3%104.7%95.8%
Expected Move27.8%22.8%31.1%30.0%27.5%
HV 20d73.0%54.8%91.9%84.2%91.9%
HV 60d75.8%71.5%84.8%72.6%84.8%
IV Rank20.9%16.7%24.4%22.1%20.7%
IV Percentile35.3%2.4%70.6%48.8%30.2%
Term Structure-0.3%-12.3%24.7%-6.7%0.4%
VWIV98.3%78.5%109.3%104.3%78.5%
Skew 25d-3.7%-30.2%14.9%-25.8%6.2%
Skew 10d3.1%-57.2%49.0%-44.6%-1.0%
Call IV 25d97.9%70.1%112.0%108.4%70.1%
Put IV 25d94.2%63.2%108.8%82.5%76.4%
Bid-Ask Spread %33.0111.5158.2111.5139.07
Gamma HHI0.230.200.260.240.20
Net GEX62.4K44.9K84.6K84.6K53.2K
Net DEX-4.3M-7.5M-2.0M-7.5M-2.8M
Net VEX-39.3K-47.0K-29.7K-47.0K-34.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.570.002.960.060.22
Total Volume1,243.3912313,963584285
Total OI50,057.95744,22255,36944,22954,060

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-08-01$5.19$6.00104.7%30.0%84.2%22.1%104.3%-25.8%-6.7%84.6K-7.5M-47.0K0.0611.51N/AN/A5523236,2977,932
2023-08-02$4.96$6.00108.4%31.1%85.3%23.0%109.3%-3.2%-9.2%76.1K-6.7M-45.2K0.0942.80N/AN/A5495036,2757,947
2023-08-03$4.87$4.00102.8%28.8%85.4%21.7%94.8%8.1%0.7%75.3K-6.4M-45.7K0.1057.44N/AN/A7797536,3227,944
2023-08-04$4.72$4.00103.5%28.7%82.2%21.9%100.1%-1.0%-3.5%70.5K-5.5M-43.0K0.1726.73N/AN/A97916636,7967,976
2023-08-07$4.56$4.00111.5%27.7%78.2%23.8%94.0%14.9%-8.8%61.1K-4.7M-39.9K0.6558.21N/AN/A2,4081,55536,5708,027
2023-08-08$4.88$5.00114.3%27.8%83.0%24.4%100.0%-5.3%-1.9%78.0K-6.5M-46.0K0.1427.37N/AN/A83211338,6128,560
2023-08-09$4.67$5.00100.2%28.7%83.3%21.1%100.6%4.3%-4.2%72.4K-5.5M-43.3K1.5645.85N/AN/A52381539,0578,612
2023-08-10$4.62$5.0099.3%28.5%64.0%20.9%101.1%-2.7%-4.4%71.3K-5.4M-42.8K0.0225.74N/AN/A1,5893439,2598,501
2023-08-11$4.70$5.0098.9%28.3%54.8%20.8%99.7%4.2%-3.7%79.8K-5.6M-45.6K0.6621.97N/AN/A1,8511,22841,6058,559
2023-08-14$4.54$5.00106.4%30.5%54.9%22.5%104.8%-4.4%-12.3%74.1K-5.3M-45.3K0.2016.60N/AN/A90318043,3358,719
2023-08-15$4.22$5.0097.6%28.0%59.0%20.5%96.9%-17.5%0.2%67.0K-4.3M-41.4K2.9641.30N/AN/A29186043,9178,761
2023-08-16$4.21$5.0094.4%27.1%57.5%19.7%97.0%-21.3%6.9%64.9K-4.3M-41.3K1.6718.80N/AN/A34157143,9338,739
2023-08-17$3.84$5.0095.8%27.5%62.5%20.0%108.7%-30.2%-4.5%49.4K-3.1M-37.0K0.1131.29N/AN/A3,31734944,0388,752
2023-08-18$3.79$5.00100.1%28.7%62.4%21.1%97.6%4.8%-10.4%53.1K-3.0M-37.3K1.3655.02N/AN/A39653746,5888,781
2023-08-21$3.56$5.0095.1%27.3%64.1%19.9%96.2%-14.2%4.0%48.0K-2.6M-33.0K0.2336.86N/AN/A69616042,8028,081
2023-08-22$3.50$5.0099.4%28.5%63.0%20.9%106.6%8.2%5.2%47.2K-2.5M-32.5K2.2134.63N/AN/A21146643,0988,214
2023-08-23$3.77$5.0097.2%27.9%70.3%21.0%97.1%-3.4%-2.4%52.4K-3.0M-35.8K0.3129.86N/AN/A82725343,2038,629
2023-08-24$3.45$5.0079.5%22.8%73.9%16.7%89.9%-1.9%24.7%44.9K-2.2M-31.2K0.0624.63N/AN/A3442243,5258,450
2023-08-25$3.45$5.0083.9%24.0%69.9%17.8%89.7%0.4%14.8%45.3K-2.1M-31.5K0.3118.85N/AN/A1775443,7378,454
2023-08-28$3.42$5.0091.0%26.1%68.5%19.5%97.3%1.6%5.8%46.5K-2.0M-29.7K0.0319.01N/AN/A6672243,7888,459
2023-08-29$3.96$5.0098.5%28.2%90.8%21.4%99.6%-9.3%-2.7%61.0K-3.8M-38.2K0.1145.74N/AN/A1,49716544,3358,473
2023-08-30$3.91$5.0090.4%25.9%90.0%19.4%96.4%2.0%5.5%59.2K-3.4M-36.0K0.0030.02N/AN/A873444,8458,766
2023-08-31$3.67$5.0095.8%27.5%91.9%20.7%78.5%6.2%0.4%53.2K-2.8M-34.3K0.2239.07N/AN/A2335245,2948,766