HIVE Options History — May 2025

In May 2025, HIVE traded between $1.73 and $2.09. ATM implied volatility averaged 79.2%, placing in the 8.4% IV rank vs the trailing year. The 30-day expected move averaged 24.2%. IV traded above realized volatility by 11.0% (HV 20d: 68.2%). Max pain ranged from $1.50 to $2.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.12.

Notable Days

  • 2025-05-16: Highest Volume — 5,059 contracts
  • 2025-05-07: Largest IV spike — 119.1% change
  • 2025-05-07: Highest IV Rank — 32.2%
  • 2025-05-29: Largest Expected Move — 29.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.89$1.73$2.09$1.77$1.81
Max Pain$2.40$1.50$2.50$1.50$2.50
ATM IV79.2%57.2%147.0%65.3%60.0%
Expected Move24.2%17.5%29.2%28.7%24.4%
HV 20d68.2%54.2%96.2%96.2%61.6%
HV 60d85.8%84.5%89.6%84.6%85.0%
IV Rank8.4%0.6%32.2%3.5%1.6%
IV Percentile19.9%0.8%94.4%3.2%2.0%
Term Structure-3.3%-53.6%44.7%44.7%20.7%
VWIV85.8%62.2%100.1%62.2%85.1%
Skew 25d-8.5%-41.5%24.9%-25.6%-37.9%
Skew 10d23.9%-57.1%157.0%5.8%-57.1%
Call IV 25d79.0%54.7%104.0%92.7%93.4%
Put IV 25d70.4%42.2%87.8%67.1%55.5%
Bid-Ask Spread %48.2737.4574.0344.0438.87
Gamma HHI0.160.130.220.130.16
Net GEX79.0K54.6K108.5K61.2K76.7K
Net DEX-5.0M-6.5M-3.5M-4.2M-4.9M
Net VEX-45.3K-52.2K-37.9K-40.5K-47.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.120.020.490.070.12
Total Volume2,717.0956415,0592,4262,520
Total OI140,861.857130,056155,750130,056155,750

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-05-01$1.77$1.5065.3%28.7%96.2%3.5%62.2%-25.6%44.7%61.2K-4.2M-40.5K0.0744.04N/AN/A2,265161114,84415,212
2025-05-02$1.79$1.5086.1%23.7%91.1%10.8%93.6%-6.0%-44.6%62.3K-4.0M-41.6K0.1174.03N/AN/A1,192134115,64515,054
2025-05-05$1.73$2.5066.8%21.1%90.6%4.0%98.1%24.9%-53.6%55.5K-3.7M-38.5K0.2159.93N/AN/A550116116,02114,674
2025-05-06$1.73$2.5067.1%19.1%90.6%4.1%90.0%-2.6%-28.4%56.2K-3.7M-39.0K0.1250.14N/AN/A863102116,46014,678
2025-05-07$1.73$2.50147.0%17.5%81.7%32.2%91.3%-41.5%0.0%54.6K-3.5M-37.9K0.2359.50N/AN/A520121117,13514,714
2025-05-08$1.83$2.5057.2%24.4%62.2%0.6%83.8%15.2%5.5%61.5K-3.9M-40.3K0.0447.12N/AN/A2,48699117,39214,684
2025-05-09$1.83$2.5063.0%26.9%55.2%2.7%94.8%4.0%5.4%68.5K-4.3M-42.3K0.0942.73N/AN/A3,163292119,11014,718
2025-05-12$1.85$2.5075.1%24.9%54.2%6.9%90.7%-11.7%-8.8%69.5K-4.2M-38.2K0.0243.76N/AN/A4,47792119,90914,351
2025-05-13$1.98$2.5075.7%26.8%57.8%7.1%100.1%-20.0%4.1%90.4K-5.4M-47.2K0.2244.79N/AN/A2,886637122,08214,396
2025-05-14$1.92$2.5070.5%22.9%56.6%5.3%77.1%-2.5%-1.4%95.9K-5.2M-45.1K0.0249.62N/AN/A1,75437124,15815,013
2025-05-15$1.85$2.5061.0%22.8%59.4%2.0%88.1%-35.7%29.0%73.2K-4.5M-41.7K0.0343.65N/AN/A3,31995124,57115,023
2025-05-16$2.05$2.5076.6%24.4%67.3%7.4%76.0%23.6%17.5%89.9K-6.2M-47.5K0.1745.40N/AN/A4,320739127,27015,064
2025-05-19$2.09$2.5083.5%25.1%67.1%9.8%87.5%1.1%-1.2%91.2K-6.5M-52.2K0.0852.18N/AN/A3,580278126,47815,167
2025-05-20$2.08$2.5078.8%22.5%61.6%8.2%80.0%-8.6%8.6%99.8K-6.5M-51.5K0.1550.76N/AN/A2,727398129,18615,379
2025-05-21$2.00$2.5082.1%23.5%63.1%9.4%84.2%-24.5%15.2%93.8K-5.8M-49.8K0.0649.58N/AN/A4,358263130,21815,632
2025-05-22$2.02$2.50130.3%22.1%63.1%26.3%70.0%20.7%16.1%98.4K-6.3M-51.6K0.0747.75N/AN/A1,617115133,80715,578
2025-05-23$1.98$2.5090.8%27.8%62.3%12.4%96.3%-16.9%-9.1%108.5K-6.1M-52.2K0.2047.79N/AN/A1,392283134,93315,570
2025-05-27$1.98$2.5086.6%24.6%61.5%10.9%75.6%-17.4%-35.9%95.1K-6.0M-50.7K0.4937.45N/AN/A2,7801,353134,58615,029
2025-05-28$1.88$2.5072.6%25.1%64.6%6.0%96.6%2.4%-28.4%78.6K-5.2M-48.4K0.0540.95N/AN/A3,389156136,66916,326
2025-05-29$1.81$2.5067.7%29.2%64.8%4.3%81.7%-19.8%-21.8%77.9K-5.1M-48.8K0.0643.57N/AN/A1,35377139,18816,425
2025-05-30$1.81$2.5060.0%24.4%61.6%1.6%85.1%-37.9%20.7%76.7K-4.9M-47.2K0.1238.87N/AN/A2,255265139,49816,252