HIVE Options History — November 2023

In November 2023, HIVE traded between $2.83 and $3.34. ATM implied volatility averaged 90.0%, placing in the 5.9% IV rank vs the trailing year. The 30-day expected move averaged 25.8%. IV traded above realized volatility by 18.1% (HV 20d: 71.9%). Max pain ranged from $3.00 to $3.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 0.20.

Notable Days

  • 2023-11-09: Highest Volume — 1,315 contracts
  • 2023-11-03: Largest IV drop — 10.7% change
  • 2023-11-30: Highest IV Rank — 17.7%
  • 2023-11-01: Largest Expected Move — 28.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.07$2.83$3.34$3.08$3.08
Max Pain$3.21$3.00$3.50$3.00$3.00
ATM IV90.0%81.3%100.0%98.0%90.4%
Expected Move25.8%23.3%28.1%28.1%25.9%
HV 20d71.9%63.3%78.6%73.4%68.5%
HV 60d68.9%62.1%73.0%71.3%63.3%
IV Rank5.9%2.4%17.7%7.2%17.7%
IV Percentile20.8%2.8%53.2%44.4%22.6%
Term Structure1.1%-10.6%18.5%18.5%-3.9%
VWIV88.0%75.7%96.7%91.4%79.5%
Skew 25d-2.8%-35.3%27.3%-30.2%-11.4%
Skew 10d3.6%-32.6%46.8%22.9%-15.8%
Call IV 25d89.9%57.6%106.9%105.1%81.5%
Put IV 25d87.0%70.1%98.6%74.9%70.1%
Bid-Ask Spread %38.9918.1566.0561.6953.90
Gamma HHI0.170.150.210.160.17
Net GEX37.1K12.5K49.7K38.3K41.1K
Net DEX-2.2M-2.9M-1.4M-2.0M-2.4M
Net VEX-29.3K-32.8K-24.9K-29.3K-30.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.200.030.600.070.33
Total Volume708.812591,315259360
Total OI60,808.76257,53964,45857,53964,458

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-11-01$3.08$3.0098.0%28.1%73.4%7.2%91.4%-30.2%18.5%38.3K-2.0M-29.3K0.0761.69N/AN/A2421750,5167,023
2023-11-02$3.30$3.50100.0%27.5%76.9%7.8%86.2%7.2%0.9%47.0K-2.8M-31.4K0.1458.30N/AN/A69810050,6547,006
2023-11-03$3.33$3.5089.3%26.2%74.3%4.7%76.9%10.5%-2.9%48.4K-2.9M-32.8K0.3252.84N/AN/A1986351,2317,079
2023-11-06$3.29$3.5094.2%27.2%74.5%6.1%96.2%11.0%3.2%46.1K-2.7M-31.7K0.0531.19N/AN/A9444551,2787,151
2023-11-07$3.34$3.5089.5%26.5%74.5%4.8%96.3%10.3%-6.0%49.7K-2.6M-30.6K0.0832.40N/AN/A5744451,8967,160
2023-11-08$3.24$3.5092.9%26.6%72.4%5.7%88.8%-0.3%0.3%45.3K-2.6M-31.5K0.1230.82N/AN/A2833452,3207,173
2023-11-09$3.17$3.5096.6%27.7%72.0%6.8%95.9%1.0%-0.4%43.6K-2.5M-31.5K0.2438.44N/AN/A1,06425152,5027,186
2023-11-10$3.13$3.5092.3%26.5%71.6%5.6%92.3%-5.4%-0.0%43.2K-2.5M-31.5K0.3264.86N/AN/A44814353,2057,192
2023-11-13$2.87$3.5092.9%26.6%70.5%5.7%93.9%-7.9%-0.8%30.2K-1.6M-25.6K0.2329.62N/AN/A55012453,6667,260
2023-11-14$2.83$3.5090.3%25.9%70.5%5.0%96.7%-14.4%4.4%26.3K-1.4M-26.1K0.1166.05N/AN/A2933354,0947,292
2023-11-15$3.12$3.0088.9%25.5%75.9%4.6%90.2%5.7%0.5%42.2K-2.1M-29.8K0.1321.89N/AN/A6318254,3167,226
2023-11-16$2.95$3.0086.2%24.7%78.5%3.8%84.9%-0.4%5.4%27.8K-1.7M-27.5K0.1518.91N/AN/A2583854,6757,227
2023-11-17$2.99$3.0091.1%26.1%78.6%5.2%89.9%-10.0%-10.6%12.5K-1.8M-28.1K0.6044.93N/AN/A24714754,8907,248
2023-11-20$2.94$3.0084.7%24.3%75.3%3.4%83.7%1.8%1.9%32.8K-2.1M-28.5K0.0830.78N/AN/A1,18810053,1646,826
2023-11-21$2.85$3.0081.3%23.3%69.2%2.4%75.7%27.3%1.9%26.5K-1.5M-25.1K0.2042.51N/AN/A70813954,0516,909
2023-11-22$2.87$3.0087.2%25.0%69.2%4.1%84.6%-14.3%9.6%29.4K-2.3M-31.8K0.5737.83N/AN/A45225954,2856,997
2023-11-24$2.94$3.0091.8%26.3%64.7%5.4%92.1%-1.8%-8.0%30.7K-1.5M-24.9K0.0338.39N/AN/A1,1753254,8117,140
2023-11-27$2.91$3.0084.8%24.3%63.3%3.4%87.2%-4.6%-2.9%30.5K-1.6M-25.7K0.1218.15N/AN/A4084955,7277,160
2023-11-28$3.13$3.0083.4%23.9%68.5%3.0%80.0%1.6%7.1%41.2K-2.3M-29.6K0.1518.36N/AN/A1,00915355,9417,186
2023-11-29$3.16$3.0084.1%24.1%68.4%11.3%85.7%-35.3%4.2%46.3K-2.7M-32.5K0.1726.97N/AN/A1,10919356,6557,208
2023-11-30$3.08$3.0090.4%25.9%68.5%17.7%79.5%-11.4%-3.9%41.1K-2.4M-30.7K0.3353.90N/AN/A2709057,1327,326