HIVE Options History — February 2024

In February 2024, HIVE traded between $3.00 and $4.44. ATM implied volatility averaged 124.4%, placing in the 51.4% IV rank vs the trailing year. The 30-day expected move averaged 35.7%. IV traded above realized volatility by 40.2% (HV 20d: 84.2%). Max pain ranged from $3.50 to $4.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 8 of 20 days. Put/call ratio averaged 0.37.

Notable Days

  • 2024-02-28: Highest Volume — 29,457 contracts
  • 2024-02-08: Largest IV spike — 12.4% change
  • 2024-02-14: Highest IV Rank — 61.4%
  • 2024-02-14: Largest Expected Move — 38.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.79$3.00$4.44$3.25$3.80
Max Pain$3.83$3.50$4.50$3.50$4.50
ATM IV124.4%110.9%134.4%122.9%123.8%
Expected Move35.7%33.2%38.5%35.1%35.8%
HV 20d84.2%67.8%105.4%71.8%105.4%
HV 60d107.4%103.2%113.2%103.2%111.4%
IV Rank51.4%37.9%61.4%49.9%50.8%
IV Percentile86.0%74.6%92.9%84.1%85.3%
Term Structure-0.9%-18.6%14.8%3.5%-6.6%
VWIV126.1%118.0%136.0%125.0%125.7%
Skew 25d10.0%-20.2%279.3%-20.2%-14.4%
Skew 10d23.6%-38.5%161.4%-9.7%161.4%
Call IV 25d126.7%94.8%144.7%131.8%132.3%
Put IV 25d136.8%111.6%398.1%111.6%117.9%
Bid-Ask Spread %40.0030.3555.8344.9144.87
Gamma HHI0.160.140.190.150.17
Net GEX138.6K82.0K252.9K102.3K92.1K
Net DEX-12.9M-21.0M-6.8M-9.0M-9.8M
Net VEX-93.4K-112.9K-67.2K-79.4K-91.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.370.021.430.130.20
Total Volume6,804.792729,4571,78611,980
Total OI128,774.15118,407139,289120,683133,310

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-02-01$3.25$3.50122.9%35.1%71.8%49.9%125.0%-20.2%3.5%102.3K-9.0M-79.4K0.1344.91N/AN/A1,585201108,65312,030
2024-02-02$3.12$3.50115.8%34.2%70.3%42.8%121.3%279.3%-2.7%94.7K-7.7M-74.0K0.3730.35N/AN/A942351109,31312,216
2024-02-05$3.00$3.50116.4%33.4%69.9%43.4%119.5%1.3%-1.1%82.0K-6.8M-67.2K0.8435.52N/AN/A1,6461,383106,84511,562
2024-02-06$3.06$3.50118.1%35.3%67.8%45.1%125.2%4.9%7.1%88.5K-7.1M-71.9K0.1148.41N/AN/A83592108,05912,840
2024-02-07$3.10$3.50110.9%33.6%68.4%37.9%118.0%15.9%14.8%91.9K-7.4M-71.3K0.4835.80N/AN/A701335108,52312,877
2024-02-08$3.35$3.50124.6%35.2%74.2%51.6%119.3%32.1%0.8%113.4K-9.7M-80.5K0.0536.28N/AN/A3,187148108,85012,843
2024-02-09$3.60$3.50125.6%36.3%76.1%52.7%128.6%0.9%3.3%129.0K-11.9M-86.7K0.1040.80N/AN/A6,454666109,64812,925
2024-02-12$3.88$3.50133.0%38.0%71.2%60.0%132.3%-12.6%-9.8%160.6K-14.5M-94.8K0.1546.10N/AN/A10,7261,614110,30012,201
2024-02-13$3.63$3.50131.2%37.6%75.0%58.2%134.8%-13.8%-2.8%128.1K-12.7M-92.5K0.1355.83N/AN/A3,002376116,02213,470
2024-02-14$4.26$3.50134.4%38.5%92.7%61.4%130.4%-10.8%-0.4%218.4K-19.5M-109.1K0.1433.22N/AN/A7,9371,101117,59413,584
2024-02-15$4.44$3.50133.4%38.2%87.4%60.4%136.0%-2.6%-1.3%252.9K-21.0M-112.2K0.0737.20N/AN/A6,268429118,56514,564
2024-02-16$4.38$3.50124.2%34.5%87.9%51.2%127.2%-18.1%12.7%209.9K-20.3M-112.9K0.9939.20N/AN/A7,3387,300119,92814,773
2024-02-20$4.29$4.00131.6%36.4%88.0%58.6%132.0%-6.0%-5.7%164.1K-16.6M-108.1K0.1139.95N/AN/A3,772402112,44919,340
2024-02-21$4.06$4.50131.4%37.6%90.2%58.4%126.4%-3.3%-2.1%146.8K-14.0M-99.5K0.5538.43N/AN/A2,5861,435113,98819,587
2024-02-22$4.11$4.50124.0%36.2%89.6%51.0%125.3%-11.4%3.1%146.7K-15.0M-102.8K1.4339.08N/AN/A1,6562,374114,58620,244
2024-02-23$3.81$4.50120.0%33.2%95.1%47.0%121.6%-11.2%4.1%113.4K-11.1M-97.4K0.3936.83N/AN/A2,6301,015114,98322,533
2024-02-26$4.28$4.00121.3%36.4%100.1%48.3%130.5%2.5%-12.0%150.7K-15.5M-105.8K0.1333.40N/AN/A4,903617111,47120,463
2024-02-27$4.34$4.00121.2%34.7%99.5%48.2%124.2%-8.1%-3.6%168.5K-17.4M-111.2K0.9338.55N/AN/A4,4744,176114,25220,803
2024-02-28$4.00$4.50124.2%34.5%104.4%51.2%118.2%-3.4%-18.6%118.2K-11.7M-99.4K0.0245.23N/AN/A28,925532115,12624,163
2024-02-29$3.80$4.50123.8%35.8%105.4%50.8%125.7%-14.4%-6.6%92.1K-9.8M-91.1K0.2044.87N/AN/A10,0161,964108,70424,606