HIVE Options History — September 2023

In September 2023, HIVE traded between $2.94 and $3.48. ATM implied volatility averaged 91.2%, placing in the 8.8% IV rank vs the trailing year. The 30-day expected move averaged 26.2%. IV traded above realized volatility by 15.5% (HV 20d: 75.7%). Max pain ranged from $4.00 to $5.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 13 of 20 days. Put/call ratio averaged 0.67.

Notable Days

  • 2023-09-11: Highest Volume — 2,107 contracts
  • 2023-09-12: Largest IV drop — 19.4% change
  • 2023-09-05: Highest IV Rank — 18.9%
  • 2023-09-27: Largest Expected Move — 28.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.18$2.94$3.48$3.48$3.08
Max Pain$4.88$4.00$5.00$5.00$4.50
ATM IV91.2%77.6%100.2%77.6%98.7%
Expected Move26.2%22.3%28.7%22.3%28.3%
HV 20d75.7%38.6%92.7%92.7%39.0%
HV 60d80.9%74.5%85.4%85.2%74.9%
IV Rank8.8%1.5%18.9%15.2%7.4%
IV Percentile22.5%1.2%48.4%1.6%43.3%
Term Structure2.0%-18.8%14.7%-18.8%-5.8%
VWIV92.9%82.6%104.0%87.1%97.5%
Skew 25d-0.8%-26.6%39.1%2.6%-26.6%
Skew 10d12.2%-29.1%115.0%73.0%-5.3%
Call IV 25d92.5%55.7%100.9%88.2%99.4%
Put IV 25d91.7%72.8%106.0%90.9%72.8%
Bid-Ask Spread %37.6319.9565.8265.8239.41
Gamma HHI0.200.180.230.180.20
Net GEX35.4K25.0K46.6K46.6K30.1K
Net DEX-1.9M-2.5M-1.3M-2.0M-2.0M
Net VEX-28.0K-30.2K-23.4K-30.2K-28.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.670.043.040.920.11
Total Volume698.452202,107316227
Total OI50,047.7542,96656,37554,15547,446

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-09-01$3.48$5.0077.6%22.3%92.7%15.2%87.1%2.6%-18.8%46.6K-2.0M-30.2K0.9265.82N/AN/A16515145,4278,728
2023-09-05$3.44$4.0092.2%25.2%92.5%18.9%92.8%0.8%9.5%44.0K-1.7M-28.1K0.1659.74N/AN/A1903045,5198,715
2023-09-06$3.40$4.0084.2%26.4%87.3%16.9%96.2%-11.7%-3.5%45.4K-2.0M-29.7K2.9450.31N/AN/A22666445,6208,702
2023-09-07$3.42$5.0095.8%25.1%87.1%16.6%87.4%8.0%1.3%45.0K-1.6M-26.7K0.2643.79N/AN/A61015645,8148,317
2023-09-08$3.31$5.0084.5%26.2%87.3%13.7%90.7%-6.8%2.9%45.0K-2.0M-30.0K0.5723.48N/AN/A30217346,3428,281
2023-09-11$3.19$5.0096.9%24.6%86.6%16.9%102.9%-10.2%0.7%42.8K-1.9M-28.6K1.0150.63N/AN/A1,0471,06046,4588,150
2023-09-12$3.23$5.0078.1%26.3%87.1%1.5%82.6%-2.6%-3.2%41.4K-1.7M-26.7K0.0432.20N/AN/A1,0144247,3378,362
2023-09-13$3.15$5.0088.7%25.4%84.7%4.5%92.1%-13.9%1.2%43.8K-1.9M-28.2K3.0420.95N/AN/A18155048,0168,194
2023-09-14$3.25$5.0088.6%25.4%86.1%4.5%95.1%-2.6%-1.1%35.3K-2.5M-30.2K0.2619.95N/AN/A38510148,1147,960
2023-09-15$3.13$5.0095.5%27.4%81.6%6.5%84.6%39.1%6.0%32.7K-2.2M-28.8K0.3022.57N/AN/A56216748,4037,972
2023-09-18$3.17$5.0090.5%25.9%82.0%5.0%89.7%18.8%12.6%33.3K-2.2M-29.1K0.6621.47N/AN/A36824337,1465,820
2023-09-19$3.17$5.0089.4%25.6%79.5%4.7%93.5%4.5%6.3%32.4K-2.1M-29.7K0.4124.95N/AN/A60625137,3666,064
2023-09-20$3.09$5.0081.8%23.5%79.7%2.5%90.6%2.3%14.7%30.9K-2.0M-29.1K0.0750.62N/AN/A4853637,7866,328
2023-09-21$3.02$5.0096.7%27.7%73.9%6.8%92.7%-4.8%-0.7%25.3K-1.7M-26.4K2.0522.62N/AN/A27055438,2646,358
2023-09-22$3.00$5.0098.5%28.2%68.0%7.4%93.4%-10.4%0.9%26.9K-1.6M-26.6K0.3338.46N/AN/A1675538,4826,802
2023-09-25$3.00$5.00100.1%28.7%68.0%7.8%98.8%4.1%-5.2%25.0K-1.3M-23.4K0.0643.32N/AN/A3492138,6106,807
2023-09-26$2.94$5.0090.5%25.9%68.2%5.0%91.1%13.2%6.5%26.7K-1.4M-25.2K0.0545.21N/AN/A3551638,8936,828
2023-09-27$3.00$5.00100.2%28.7%38.6%7.8%104.0%5.1%13.9%27.0K-1.6M-26.7K0.1840.37N/AN/A3736638,7106,869
2023-09-28$3.13$5.0094.9%27.2%43.5%6.3%96.3%-24.7%1.4%27.8K-1.8M-28.1K0.0536.81N/AN/A1,6688339,0156,930
2023-09-29$3.08$4.5098.7%28.3%39.0%7.4%97.5%-26.6%-5.8%30.1K-2.0M-28.9K0.1139.41N/AN/A2052240,4387,008