HIVE Options History — December 2023

In December 2023, HIVE traded between $3.33 and $5.71. ATM implied volatility averaged 127.2%, placing in the 55.0% IV rank vs the trailing year. The 30-day expected move averaged 34.8%. IV traded above realized volatility by 15.8% (HV 20d: 111.4%). Max pain ranged from $3.00 to $4.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 8 of 20 days. Put/call ratio averaged 0.10.

Notable Days

  • 2023-12-20: Highest Volume — 31,858 contracts
  • 2023-12-04: Largest IV spike — 27.3% change
  • 2023-12-28: Highest IV Rank — 100.0%
  • 2023-12-28: Largest Expected Move — 50.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.17$3.33$5.71$3.45$4.50
Max Pain$3.20$3.00$4.00$3.00$4.00
ATM IV127.2%96.2%173.0%96.2%160.9%
Expected Move34.8%27.6%50.4%27.6%46.2%
HV 20d111.4%75.9%149.0%75.9%149.0%
HV 60d85.0%67.6%102.9%67.6%102.9%
IV Rank55.0%23.6%100.0%23.6%87.9%
IV Percentile83.7%44.8%100.0%44.8%98.0%
Term Structure-6.9%-89.1%18.4%-6.6%-10.5%
VWIV125.8%92.1%177.4%92.1%176.3%
Skew 25d-12.1%-28.8%8.5%6.7%-14.8%
Skew 10d-11.2%-60.0%34.8%8.5%1.3%
Call IV 25d133.3%93.8%199.4%93.8%178.7%
Put IV 25d121.2%99.6%174.4%100.5%163.9%
Bid-Ask Spread %29.5512.8951.3342.6625.02
Gamma HHI0.140.110.180.180.12
Net GEX145.9K58.1K284.4K58.1K224.9K
Net DEX-12.5M-33.2M-3.8M-3.8M-20.4M
Net VEX-66.2K-120.5K-36.2K-36.2K-108.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.100.020.410.050.08
Total Volume10,261.31,53531,8582,64321,272
Total OI87,25564,729133,66564,729133,665

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-12-01$3.45$3.0096.2%27.6%75.9%23.6%92.1%6.7%-6.6%58.1K-3.8M-36.2K0.0542.66N/AN/A2,51812557,3407,389
2023-12-04$3.87$3.00122.5%31.1%85.8%50.3%108.0%8.5%-8.9%79.9K-5.9M-43.5K0.1635.10N/AN/A4,73974158,8887,375
2023-12-05$3.98$3.00123.5%29.9%85.7%51.3%112.0%-11.1%2.3%99.5K-7.3M-49.1K0.1038.91N/AN/A4,83449361,2747,756
2023-12-06$3.88$3.00114.0%29.1%86.6%41.8%104.5%-5.2%5.2%101.6K-6.5M-48.2K0.0626.57N/AN/A3,48220363,7677,920
2023-12-07$3.92$3.00111.5%29.3%85.4%39.2%107.3%-4.7%0.7%115.3K-7.3M-48.9K0.1123.26N/AN/A1,38814765,7827,946
2023-12-08$4.17$3.00110.4%29.3%86.5%38.1%104.6%-9.0%-1.5%127.1K-8.6M-51.3K0.1225.02N/AN/A2,64831065,8757,986
2023-12-11$3.33$3.00140.1%29.7%121.0%68.2%112.0%-12.8%2.0%77.3K-4.1M-38.7K0.1819.97N/AN/A4,10274566,7728,241
2023-12-12$3.41$3.00127.1%30.0%116.4%55.1%108.1%-2.0%-1.0%90.1K-4.8M-42.2K0.0929.80N/AN/A2,00118869,2118,617
2023-12-13$3.70$3.00100.9%28.9%118.9%28.4%109.4%-11.5%3.7%115.0K-6.3M-47.0K0.1351.33N/AN/A4,51057270,8288,747
2023-12-14$3.59$3.00104.0%29.8%115.5%31.6%108.3%-17.0%-89.1%119.1K-6.6M-50.0K0.0250.57N/AN/A5,4719573,3058,755
2023-12-15$3.63$3.00102.4%29.4%113.1%29.9%110.6%-11.5%5.1%79.1K-6.6M-48.7K0.0847.20N/AN/A3,68328977,7218,809
2023-12-18$3.88$3.00105.1%30.1%114.8%32.6%110.9%-12.2%3.2%97.3K-7.3M-54.1K0.0222.99N/AN/A4,58910963,1197,952
2023-12-19$3.77$3.00116.1%33.3%115.3%43.9%115.3%-5.3%-4.2%102.7K-7.7M-56.0K0.0328.69N/AN/A20,69352166,0697,997
2023-12-20$4.21$3.00119.7%34.3%119.1%47.5%126.7%-17.4%-3.3%163.8K-12.7M-71.2K0.0321.39N/AN/A30,93592379,3228,366
2023-12-21$4.84$3.50136.4%39.1%126.3%64.5%136.3%-23.9%-13.2%233.5K-20.8M-90.1K0.0523.00N/AN/A10,24353991,7688,998
2023-12-22$5.06$3.50154.4%44.3%126.5%82.8%160.9%-28.8%-14.4%234.3K-24.6M-101.2K0.0318.29N/AN/A25,10179894,9349,360
2023-12-26$5.13$3.50158.4%45.4%125.8%86.9%163.5%-17.8%-3.9%253.5K-26.3M-102.2K0.1119.05N/AN/A9,1851,051100,71610,038
2023-12-27$5.71$3.50168.3%48.2%128.0%96.9%170.8%-28.0%-21.3%284.4K-33.2M-117.1K0.4112.89N/AN/A16,7356,841104,06010,839
2023-12-28$5.34$4.00173.0%50.4%132.4%100.0%177.4%-25.0%18.4%261.4K-28.8M-120.5K0.2129.29N/AN/A10,2592,148110,79316,800
2023-12-29$4.50$4.00160.9%46.2%149.0%87.9%176.3%-14.8%-10.5%224.9K-20.4M-108.5K0.0825.02N/AN/A19,7571,515115,14718,518