HIVE Options History — March 2025

In March 2025, HIVE traded between $1.44 and $2.00. ATM implied volatility averaged 77.6%, placing in the 6.0% IV rank vs the trailing year. The 30-day expected move averaged 25.1%. IV traded below realized volatility by 1.3% (HV 20d: 78.9%). Max pain ranged from $1.00 to $3.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 0.21.

Notable Days

  • 2025-03-05: Highest Volume — 17,955 contracts
  • 2025-03-17: Largest IV spike — 41.3% change
  • 2025-03-03: Highest IV Rank — 15.2%
  • 2025-03-06: Largest Expected Move — 33.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.74$1.44$2.00$1.90$1.44
Max Pain$2.30$1.00$3.00$3.00$1.50
ATM IV77.6%59.0%104.5%104.5%67.6%
Expected Move25.1%13.5%33.1%32.7%22.2%
HV 20d78.9%53.4%92.4%53.4%90.2%
HV 60d70.9%65.5%74.5%66.6%74.5%
IV Rank6.0%0.0%15.2%15.2%3.1%
IV Percentile8.1%0.0%43.3%43.3%2.0%
Term Structure-5.6%-48.4%45.4%-34.3%8.5%
VWIV93.5%67.4%124.7%107.9%67.4%
Skew 25d5.4%-59.0%163.3%53.6%21.4%
Skew 10d57.0%-12.4%315.3%78.0%5.4%
Call IV 25d87.5%54.7%122.9%117.1%54.7%
Put IV 25d92.9%55.7%250.4%170.7%76.1%
Bid-Ask Spread %48.648.7193.4833.2257.26
Gamma HHI0.150.120.260.130.13
Net GEX58.4K30.8K114.4K68.4K30.8K
Net DEX-2.7M-4.7M-1.9M-3.0M-1.9M
Net VEX-41.3K-52.4K-32.0K-47.0K-32.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.210.000.580.120.26
Total Volume3,727.14385317,95511,7093,292
Total OI156,094.619117,484180,071163,758117,484

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-03-03$1.90$3.00104.5%32.7%53.4%15.2%107.9%53.6%-34.3%68.4K-3.0M-47.0K0.1233.22N/AN/A10,4831,226143,44120,317
2025-03-04$1.92$3.0068.5%26.9%54.4%2.2%81.9%-59.0%39.3%67.7K-3.2M-47.1K0.1949.73N/AN/A1,411272142,74619,924
2025-03-05$1.96$3.0072.2%30.3%55.5%3.6%85.7%-32.8%-7.1%73.8K-3.7M-50.0K0.0034.94N/AN/A17,87283143,90719,944
2025-03-06$1.88$3.0082.0%33.1%55.8%7.1%115.1%-13.6%3.3%104.5K-3.6M-48.1K0.0532.81N/AN/A4,399201152,59519,932
2025-03-07$2.00$3.0084.0%29.9%62.9%7.8%89.5%-30.5%-40.6%114.4K-4.7M-52.4K0.1734.00N/AN/A1,802299151,63220,044
2025-03-10$1.71$2.5071.8%19.6%79.5%3.4%124.7%-9.3%28.4%67.0K-2.6M-41.5K0.1831.29N/AN/A3,216593151,77619,903
2025-03-11$1.77$2.5074.0%29.2%81.9%4.2%83.1%0.8%45.4%49.5K-2.4M-42.9K0.0916.89N/AN/A4,023362153,41620,235
2025-03-12$1.77$2.5066.9%27.3%82.1%1.6%119.9%13.4%30.6%55.0K-2.6M-42.4K0.0610.03N/AN/A10,366625155,29220,260
2025-03-13$1.67$2.5070.4%20.3%82.4%2.9%100.3%-32.7%30.7%59.1K-2.4M-39.1K0.358.71N/AN/A772269160,47619,234
2025-03-14$1.73$2.5070.4%23.7%83.0%2.9%91.2%-20.4%-23.5%46.5K-2.4M-39.8K0.0820.30N/AN/A1,478120161,04519,026
2025-03-17$1.75$3.0099.4%25.8%83.4%13.3%93.4%19.2%-6.5%67.6K-2.7M-41.1K0.2147.28N/AN/A1,186250145,59318,864
2025-03-18$1.62$3.0079.8%21.1%85.0%6.3%112.3%-36.4%-43.4%54.5K-2.2M-37.6K0.4155.08N/AN/A904373146,58518,015
2025-03-19$1.69$3.0059.0%26.1%88.6%0.0%90.5%0.2%-5.4%54.8K-2.2M-37.8K0.3357.43N/AN/A1,086356147,09418,130
2025-03-20$1.67$0.0078.5%13.5%88.5%6.9%0.0%-11.3%-18.2%53.1K-2.1M-37.5K0.5493.48N/AN/A899488147,85018,286
2025-03-21$1.65$2.0070.3%25.7%85.7%4.0%92.1%-5.0%-11.9%47.3K-2.3M-38.7K0.5879.00N/AN/A647374148,52118,299
2025-03-24$1.77$2.0081.0%22.0%91.2%7.8%71.7%20.2%-48.4%45.2K-3.1M-41.4K0.1570.45N/AN/A2,366349105,57315,966
2025-03-25$1.79$1.0097.9%25.0%87.0%13.8%83.6%12.0%-40.5%48.1K-3.2M-42.8K0.0384.95N/AN/A82726107,14916,195
2025-03-26$1.67$1.0080.0%24.5%87.3%7.5%86.5%28.0%-8.7%44.2K-2.8M-39.2K0.1475.34N/AN/A1,002143107,89716,200
2025-03-27$1.63$1.0069.7%24.1%87.4%3.8%86.3%32.2%-13.8%41.0K-2.5M-35.4K0.1958.20N/AN/A1,503280107,96116,181
2025-03-28$1.48$1.0082.6%24.8%92.4%8.4%86.1%163.3%-1.3%34.1K-1.9M-33.0K0.2471.00N/AN/A1,648399109,06815,931
2025-03-31$1.44$1.5067.6%22.2%90.2%3.1%67.4%21.4%8.5%30.8K-1.9M-32.0K0.2657.26N/AN/A2,620672101,70015,784