HIVE Options History — January 2024

In January 2024, HIVE traded between $3.00 and $4.41. ATM implied volatility averaged 135.2%, placing in the 62.2% IV rank vs the trailing year. The 30-day expected move averaged 39.1%. IV traded above realized volatility by 20.2% (HV 20d: 115.1%). Max pain ranged from $4.00 to $5.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 0.20.

Notable Days

  • 2024-01-11: Highest Volume — 14,920 contracts
  • 2024-01-05: Largest IV drop — 8.2% change
  • 2024-01-02: Highest IV Rank — 86.1%
  • 2024-01-02: Largest Expected Move — 48.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.66$3.00$4.41$4.41$3.26
Max Pain$4.81$4.00$5.00$4.00$4.50
ATM IV135.2%117.4%159.1%159.1%130.5%
Expected Move39.1%32.6%48.9%48.9%36.8%
HV 20d115.1%71.7%145.3%145.3%72.1%
HV 60d103.7%102.6%105.9%103.0%103.2%
IV Rank62.2%44.4%86.1%86.1%57.5%
IV Percentile87.7%80.2%96.8%96.8%88.1%
Term Structure2.4%-9.4%16.4%-0.2%-3.9%
VWIV139.4%118.5%182.6%182.6%126.7%
Skew 25d12.7%-36.0%353.0%-29.4%31.2%
Skew 10d-9.2%-48.6%16.1%-9.3%16.1%
Call IV 25d142.8%103.2%187.9%187.9%130.8%
Put IV 25d155.5%67.2%477.0%158.5%162.0%
Bid-Ask Spread %35.0119.0345.4926.2837.06
Gamma HHI0.140.110.220.110.14
Net GEX161.2K74.6K251.6K230.7K106.3K
Net DEX-11.6M-19.8M-4.2M-19.8M-9.8M
Net VEX-88.2K-107.4K-70.1K-104.5K-81.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.200.030.720.050.04
Total Volume5,898.6191,00414,92013,9121,260
Total OI138,672.952110,628171,270137,186119,682

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-01-02$4.41$4.00159.1%48.9%145.3%86.1%182.6%-29.4%-0.2%230.7K-19.8M-104.5K0.0526.28N/AN/A13,259653118,16419,022
2024-01-03$4.25$4.00157.0%46.3%141.0%84.0%176.0%-35.8%3.5%226.6K-18.2M-99.9K0.1519.03N/AN/A10,3901,568121,17419,584
2024-01-04$4.39$4.00156.3%42.5%141.1%83.3%147.4%-10.8%-0.8%241.6K-19.4M-107.4K0.4445.49N/AN/A4,9212,175123,66620,728
2024-01-05$4.19$5.00143.5%41.4%141.9%70.5%144.9%-19.1%-2.9%222.1K-16.6M-101.5K0.1944.95N/AN/A3,062577126,09322,426
2024-01-08$4.37$5.00144.1%42.1%142.5%71.1%146.5%-17.7%4.4%243.9K-18.4M-102.5K0.1232.33N/AN/A4,647548124,49121,560
2024-01-09$4.22$5.00142.8%41.1%141.6%69.7%148.0%-20.9%-7.9%239.0K-16.6M-99.0K0.0633.09N/AN/A2,632150126,10821,731
2024-01-10$4.36$5.00143.3%41.9%114.0%70.3%149.9%1.3%0.2%251.6K-17.4M-100.8K0.1539.48N/AN/A10,7531,560127,26721,829
2024-01-11$4.04$5.00134.6%39.6%118.3%61.6%139.6%-10.9%8.6%226.0K-15.2M-102.0K0.5231.89N/AN/A9,8135,107133,36122,247
2024-01-12$3.63$5.00132.5%37.9%121.7%59.5%135.9%-15.6%1.2%190.1K-9.3M-92.7K0.2728.29N/AN/A6,4511,756137,66025,147
2024-01-16$3.55$5.00135.3%38.9%121.5%62.3%136.0%-8.5%-6.2%189.7K-8.5M-87.5K0.2239.25N/AN/A2,665577136,55125,578
2024-01-17$3.44$5.00136.7%39.2%121.9%63.7%142.2%-5.9%-4.1%185.9K-7.0M-82.6K0.0742.28N/AN/A2,153144138,03625,764
2024-01-18$3.19$5.00127.0%36.0%121.6%54.0%127.9%-1.0%14.4%113.4K-5.1M-75.0K0.1336.95N/AN/A9,3791,177138,22224,753
2024-01-19$3.19$5.00131.7%37.8%121.4%58.7%122.3%-2.8%-1.4%84.4K-4.2M-76.7K0.7237.44N/AN/A3,3052,378145,84525,425
2024-01-22$3.13$5.00132.3%37.2%113.0%59.3%130.4%-36.0%-9.4%78.8K-7.8M-74.4K0.3939.76N/AN/A2,10181499,49911,129
2024-01-23$3.04$5.00122.6%37.4%97.3%49.6%132.6%105.7%6.9%77.1K-7.3M-72.0K0.1028.50N/AN/A1,209122100,43911,365
2024-01-24$3.00$5.00117.7%34.9%94.0%44.7%128.4%353.0%9.9%74.6K-6.8M-70.1K0.2230.68N/AN/A822182101,43411,419
2024-01-25$3.08$5.00124.4%36.3%94.8%51.4%129.6%15.6%-5.0%81.8K-7.2M-73.6K0.1834.09N/AN/A3,615637101,94611,586
2024-01-26$3.31$5.00117.4%35.7%89.0%44.4%125.0%8.2%16.4%96.4K-9.3M-81.0K0.2132.26N/AN/A3,773792104,66512,209
2024-01-29$3.45$5.00123.3%32.6%90.8%50.3%136.8%-14.1%11.2%111.7K-10.3M-83.0K0.0540.87N/AN/A3,897185104,06111,783
2024-01-30$3.38$4.50128.2%37.3%71.7%55.2%118.5%-20.5%15.5%113.3K-10.3M-84.6K0.0335.34N/AN/A2,58280106,56111,922
2024-01-31$3.26$4.50130.5%36.8%72.1%57.5%126.7%31.2%-3.9%106.3K-9.8M-81.0K0.0437.06N/AN/A1,20753107,72011,962