HIVE Options History — February 2025

In February 2025, HIVE traded between $2.04 and $2.94. ATM implied volatility averaged 95.4%, placing in the 11.9% IV rank vs the trailing year. The 30-day expected move averaged 29.8%. IV traded above realized volatility by 37.8% (HV 20d: 57.6%). Max pain ranged from $3.00 to $3.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 13 of 19 days. Put/call ratio averaged 0.25.

Notable Days

  • 2025-02-10: Highest Volume — 11,833 contracts
  • 2025-02-27: Largest IV spike — 41.0% change
  • 2025-02-04: Highest IV Rank — 19.0%
  • 2025-02-03: Largest Expected Move — 32.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.62$2.04$2.94$2.92$2.04
Max Pain$3.00$3.00$3.00$3.00$3.00
ATM IV95.4%67.7%115.0%108.2%97.2%
Expected Move29.8%26.6%32.8%32.8%27.9%
HV 20d57.6%50.5%72.0%72.0%50.5%
HV 60d70.3%65.4%83.5%83.5%65.4%
IV Rank11.9%1.9%19.0%16.5%12.6%
IV Percentile19.8%1.2%64.3%44.4%20.6%
Term Structure0.4%-53.9%37.7%22.8%7.2%
VWIV109.7%93.0%123.2%119.2%93.0%
Skew 25d-1.0%-39.4%44.8%27.0%-16.8%
Skew 10d-1.4%-80.1%74.6%-8.7%-1.8%
Call IV 25d90.3%61.3%117.5%73.2%103.3%
Put IV 25d89.3%62.1%110.4%100.2%86.5%
Bid-Ask Spread %45.7731.0361.2736.6639.86
Gamma HHI0.170.140.260.150.14
Net GEX145.4K83.8K190.4K150.0K84.2K
Net DEX-8.6M-11.3M-4.2M-11.3M-4.3M
Net VEX-74.2K-86.2K-54.0K-86.2K-55.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.250.060.480.090.33
Total Volume4,3831,06111,8336,2801,762
Total OI163,541.526149,850176,241149,850172,698

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-02-03$2.92$3.00108.2%32.8%72.0%16.5%119.2%27.0%22.8%150.0K-11.3M-86.2K0.0936.66N/AN/A5,772508132,83317,017
2025-02-04$2.94$3.00115.0%32.2%62.6%19.0%96.7%-1.8%-53.9%159.4K-11.2M-84.9K0.2061.27N/AN/A2,696545135,14717,407
2025-02-05$2.84$3.0087.3%28.8%63.3%9.0%123.2%-16.4%-40.5%158.8K-10.2M-82.7K0.1038.59N/AN/A3,720362136,15517,765
2025-02-06$2.83$3.0086.9%31.4%59.1%8.8%118.7%13.9%-13.5%141.7K-9.3M-79.6K0.4359.89N/AN/A742319136,45317,945
2025-02-07$2.83$3.0090.0%32.6%59.1%9.9%118.4%10.7%0.7%143.8K-10.1M-80.4K0.2646.58N/AN/A2,241590136,57718,032
2025-02-10$2.83$3.0088.4%31.9%58.4%9.4%117.8%-20.7%3.4%145.1K-9.9M-78.5K0.0649.94N/AN/A11,204629135,63217,624
2025-02-11$2.73$3.0097.2%28.8%57.8%12.6%103.1%21.4%2.2%158.0K-9.4M-77.4K0.4648.52N/AN/A2,1941,006141,80817,662
2025-02-12$2.75$3.0099.4%29.0%57.9%13.3%111.7%44.8%4.3%163.0K-9.4M-77.6K0.3035.73N/AN/A2,200662143,28218,161
2025-02-13$2.83$3.0098.8%29.2%52.7%13.1%104.6%-25.4%6.9%179.6K-10.4M-80.6K0.4237.67N/AN/A2,5861,074144,31818,349
2025-02-14$2.84$3.0093.6%28.6%52.5%11.2%103.3%-3.3%15.3%182.2K-10.3M-79.9K0.1052.94N/AN/A7,237712145,94518,575
2025-02-18$2.83$3.00101.0%29.2%52.1%13.9%111.1%-19.0%-5.3%190.4K-10.9M-80.7K0.0752.49N/AN/A5,482395148,11818,389
2025-02-19$2.74$3.0099.1%28.4%52.5%13.2%104.6%-26.5%-26.1%184.1K-10.3M-80.8K0.3853.12N/AN/A5,7642,202151,00018,549
2025-02-20$2.71$3.0094.9%26.6%52.1%11.7%106.5%-7.7%9.8%169.9K-9.4M-78.6K0.2350.99N/AN/A1,917450154,31020,609
2025-02-21$2.49$3.0098.1%28.7%58.9%12.9%107.7%-4.7%-4.2%148.4K-7.5M-71.5K0.4854.78N/AN/A2,4061,165155,39720,844
2025-02-24$2.40$3.0095.9%29.4%59.4%12.1%107.7%-39.4%11.6%133.0K-7.1M-65.6K0.1738.32N/AN/A3,075532149,09019,826
2025-02-25$2.19$3.0098.4%30.3%57.2%13.0%101.4%11.1%2.5%103.0K-5.1M-59.5K0.2540.28N/AN/A2,548645149,34120,089
2025-02-26$2.05$3.0067.7%29.9%59.7%1.9%118.7%-0.4%25.9%83.8K-4.3M-55.9K0.1741.02N/AN/A3,205536150,03420,379
2025-02-27$2.04$3.0095.5%30.8%57.2%11.9%115.9%33.9%37.7%84.4K-4.2M-54.0K0.2531.03N/AN/A3,350844151,66420,265
2025-02-28$2.04$3.0097.2%27.9%50.5%12.6%93.0%-16.8%7.2%84.2K-4.3M-55.1K0.3339.86N/AN/A1,323439152,34020,358