HIVE Options History — May 2024

In May 2024, HIVE traded between $2.27 and $2.63. ATM implied volatility averaged 125.1%, placing in the 44.1% IV rank vs the trailing year. The 30-day expected move averaged 27.8%. IV traded above realized volatility by 62.7% (HV 20d: 62.3%). Max pain ranged from $3.00 to $3.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 0.25.

Notable Days

  • 2024-05-02: Highest Volume — 4,864 contracts
  • 2024-05-06: Largest IV spike — 77.2% change
  • 2024-05-06: Highest IV Rank — 100.0%
  • 2024-05-06: Largest Expected Move — 30.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.47$2.27$2.63$2.51$2.50
Max Pain$3.43$3.00$3.50$3.00$3.50
ATM IV125.1%67.4%211.4%105.6%211.4%
Expected Move27.8%24.0%30.9%30.8%24.0%
HV 20d62.3%52.2%68.6%62.1%53.3%
HV 60d66.8%57.2%79.1%79.1%57.2%
IV Rank44.1%0.0%100.0%29.3%100.0%
IV Percentile56.0%0.0%100.0%55.6%100.0%
Term Structure1.8%-116.0%105.2%-5.3%-13.5%
VWIV105.1%71.4%201.7%108.8%84.8%
Skew 25d20.1%-40.7%152.0%-8.1%61.6%
Skew 10d65.4%-29.9%191.0%185.8%162.5%
Call IV 25d96.7%63.3%149.0%84.3%85.0%
Put IV 25d116.8%67.8%241.0%76.2%146.6%
Bid-Ask Spread %55.4429.7171.1169.4759.08
Gamma HHI0.200.170.230.190.21
Net GEX51.8K36.9K72.6K43.4K66.7K
Net DEX-3.1M-4.5M-1.6M-2.9M-3.9M
Net VEX-44.7K-52.4K-36.8K-43.9K-50.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.250.040.750.320.54
Total Volume1,753.1365724,8641,1861,238
Total OI110,073.182102,112117,498102,112117,498

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-05-01$2.51$3.00105.6%30.8%62.1%29.3%108.8%-8.1%-5.3%43.4K-2.9M-43.9K0.3269.47N/AN/A90028690,42011,692
2024-05-02$2.48$3.00111.2%30.3%61.9%35.2%106.0%-30.5%-7.9%42.0K-3.1M-45.9K0.0766.78N/AN/A4,56230290,67511,882
2024-05-03$2.44$3.00105.2%25.4%61.9%28.9%119.5%-19.4%-24.1%45.7K-2.6M-40.3K0.2866.85N/AN/A1,08831094,66011,824
2024-05-06$2.46$3.50186.3%30.9%62.3%100.0%109.2%-20.7%-39.1%49.6K-3.0M-43.2K0.3444.26N/AN/A1,66656193,45811,337
2024-05-07$2.29$3.50142.1%28.1%65.3%59.3%98.6%38.4%-40.2%40.5K-2.2M-38.6K0.0747.71N/AN/A3,86728294,24011,828
2024-05-08$2.27$3.5089.7%28.5%65.3%11.1%96.7%22.4%-51.5%38.2K-2.4M-40.8K0.1758.94N/AN/A63310893,46311,994
2024-05-09$2.34$3.50111.1%27.8%67.2%30.7%108.9%33.7%-15.0%40.4K-2.3M-41.2K0.0844.68N/AN/A1,1028993,34411,984
2024-05-10$2.34$3.5084.1%28.0%65.7%5.9%101.7%-1.2%-28.7%36.9K-1.6M-36.8K0.1668.59N/AN/A69711393,71512,032
2024-05-13$2.33$3.5067.4%27.9%62.7%0.0%113.8%4.5%43.1%37.5K-2.1M-38.2K0.0652.37N/AN/A9555793,46711,424
2024-05-14$2.33$3.50103.5%29.6%62.7%30.3%107.0%-40.7%4.6%39.3K-2.4M-39.7K0.4053.53N/AN/A58223493,27611,437
2024-05-15$2.51$3.50100.7%26.1%68.3%28.0%95.5%-2.0%-9.0%43.3K-2.3M-39.3K0.0444.45N/AN/A2,0998394,61411,423
2024-05-16$2.46$3.5088.1%26.6%68.6%17.5%95.1%6.6%8.3%49.7K-3.3M-48.2K0.1269.20N/AN/A75090102,52011,235
2024-05-17$2.45$3.5099.1%28.2%67.2%26.6%101.3%6.9%26.5%52.0K-2.8M-48.4K0.0562.42N/AN/A89941103,09311,294
2024-05-20$2.60$3.5098.8%28.4%63.7%26.4%98.3%25.4%12.0%59.5K-3.6M-49.9K0.1468.15N/AN/A2,602353100,47710,283
2024-05-21$2.58$3.5093.0%26.5%61.3%21.6%100.5%-11.0%103.8%67.2K-4.2M-52.4K0.0449.36N/AN/A1,74869103,58610,505
2024-05-22$2.59$3.5089.3%25.6%61.2%18.4%95.2%12.5%105.2%72.6K-4.0M-50.6K0.3058.51N/AN/A2,086633104,67910,564
2024-05-23$2.50$3.50123.3%29.3%61.9%47.0%201.7%2.3%89.5%62.6K-3.9M-48.7K0.7571.11N/AN/A493368105,80110,677
2024-05-24$2.60$3.50132.4%26.4%64.3%54.7%95.0%-15.4%98.4%64.9K-3.5M-46.6K0.5729.71N/AN/A680386106,02310,885
2024-05-28$2.63$3.50194.6%25.6%58.9%100.0%71.4%74.7%-10.4%58.0K-3.4M-43.4K0.1043.50N/AN/A3,437357104,00210,194
2024-05-29$2.54$3.50206.9%28.4%53.4%100.0%102.6%149.3%-116.0%64.2K-4.5M-49.8K0.6841.48N/AN/A340232106,74710,541
2024-05-30$2.58$3.50207.5%28.6%52.2%100.0%101.3%152.0%-91.5%65.4K-4.1M-48.0K0.2949.43N/AN/A921270106,9299,888
2024-05-31$2.50$3.50211.4%24.0%53.3%100.0%84.8%61.6%-13.5%66.7K-3.9M-50.8K0.5459.08N/AN/A805433107,44610,052