HIVE Options History — January 2026

In January 2026, HIVE traded between $2.66 and $3.53. ATM implied volatility averaged 103.9%, placing in the 31.7% IV rank vs the trailing year. The 30-day expected move averaged 28.8%. IV traded above realized volatility by 36.9% (HV 20d: 67.0%). Max pain ranged from $2.00 to $3.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 0.17.

Notable Days

  • 2026-01-23: Highest Volume — 18,279 contracts
  • 2026-01-05: Largest IV spike — 21.6% change
  • 2026-01-05: Highest IV Rank — 43.6%
  • 2026-01-20: Largest Expected Move — 31.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.12$2.66$3.53$2.74$2.66
Max Pain$2.92$2.00$3.00$2.50$3.00
ATM IV103.9%93.0%123.4%101.5%93.0%
Expected Move28.8%24.7%31.0%27.3%24.7%
HV 20d67.0%58.6%75.1%61.5%75.1%
HV 60d84.2%77.8%88.9%88.1%78.4%
IV Rank31.7%25.1%43.6%30.3%25.1%
IV Percentile51.9%34.5%75.4%50.8%34.5%
Term Structure-0.6%-50.8%47.7%-9.1%27.3%
VWIV101.5%92.5%113.2%97.2%98.1%
Skew 25d-2.1%-25.2%51.4%51.4%-9.9%
Skew 10d-13.4%-86.3%78.1%16.8%-5.7%
Call IV 25d101.5%51.7%121.4%51.7%92.0%
Put IV 25d99.4%81.7%139.6%103.1%82.1%
Bid-Ask Spread %59.8829.4291.9559.3374.97
Gamma HHI0.170.150.210.150.17
Net GEX272.6K132.9K442.0K235.3K132.9K
Net DEX-23.2M-36.3M-12.1M-17.3M-12.1M
Net VEX-136.8K-157.8K-118.4K-120.2K-118.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.170.070.570.110.11
Total Volume9,653.954,98718,2794,9875,665
Total OI275,677.6197,574339,109318,184227,675

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-01-02$2.74$2.50101.5%27.3%61.5%30.3%97.2%51.4%-9.1%235.3K-17.3M-120.2K0.1159.33N/AN/A4,488499283,25034,934
2026-01-05$2.99$3.00123.4%29.0%69.9%43.6%95.9%-3.0%-50.8%301.1K-22.4M-134.9K0.0959.30N/AN/A8,848809281,61333,866
2026-01-06$3.05$3.0099.2%28.9%66.4%28.9%103.2%32.5%30.6%312.9K-22.8M-127.5K0.1250.71N/AN/A9,2181,095283,23034,149
2026-01-07$3.06$2.00100.7%30.0%66.4%29.8%111.1%-13.9%-14.6%337.1K-25.4M-141.5K0.0753.82N/AN/A10,440727286,44134,715
2026-01-08$3.13$3.0099.1%28.0%65.7%28.8%99.0%-3.5%3.7%355.5K-26.6M-141.2K0.1345.86N/AN/A7,829987289,72835,091
2026-01-09$3.13$3.00101.8%28.3%65.6%30.4%98.6%-3.5%-32.9%323.3K-27.4M-143.9K0.1050.61N/AN/A9,050880293,88935,608
2026-01-12$3.26$3.00121.0%30.7%67.3%42.1%105.9%-6.4%-3.1%349.6K-30.3M-138.7K0.0847.77N/AN/A14,2151,166293,59534,918
2026-01-13$3.53$3.00114.6%30.8%69.0%38.2%106.7%-7.7%-10.3%442.0K-36.3M-157.8K0.2329.42N/AN/A13,2343,029296,81435,708
2026-01-14$3.42$3.00107.6%29.6%61.0%34.0%94.0%-24.4%-9.3%422.9K-35.1M-156.3K0.1054.27N/AN/A7,359739300,78935,099
2026-01-15$3.41$3.0094.2%28.7%61.1%25.8%97.6%-11.9%-13.3%406.6K-34.2M-154.9K0.4055.38N/AN/A4,3561,728301,88835,446
2026-01-16$3.46$3.00103.2%28.9%58.6%31.3%103.5%-16.3%-5.4%273.6K-30.3M-130.9K0.0839.51N/AN/A11,662990302,27736,832
2026-01-20$3.21$3.00109.0%31.0%66.1%34.8%109.3%-23.9%24.1%224.7K-20.7M-142.2K0.3675.10N/AN/A6,5552,382176,08021,494
2026-01-21$3.22$3.00102.6%29.4%63.9%30.9%113.2%14.5%0.9%220.8K-20.8M-144.3K0.1484.47N/AN/A6,051844177,77623,560
2026-01-22$3.06$3.00103.8%29.8%66.7%31.6%104.7%15.3%15.0%193.1K-19.0M-135.9K0.1679.62N/AN/A4,899783180,03324,086
2026-01-23$3.21$3.0098.9%28.7%68.5%28.7%100.3%39.0%1.3%213.7K-19.9M-140.3K0.1791.95N/AN/A15,6012,678181,72724,601
2026-01-26$3.04$3.00101.1%28.4%71.4%30.0%99.3%-5.9%-5.7%195.9K-18.2M-131.8K0.1163.73N/AN/A10,7701,228185,07225,296
2026-01-27$3.04$3.00113.3%29.0%69.9%37.4%101.4%-25.2%-18.7%191.0K-16.4M-122.6K0.1051.51N/AN/A8,859874191,98926,034
2026-01-28$2.94$3.0096.0%26.4%70.8%26.9%92.5%-20.0%10.7%173.1K-16.4M-130.0K0.2165.76N/AN/A4,222889196,55326,382
2026-01-29$2.75$3.0093.1%28.4%74.7%25.2%99.3%-19.3%47.7%146.8K-13.3M-123.1K0.5764.51N/AN/A4,7302,701198,27327,041
2026-01-30$2.66$3.0093.0%24.7%75.1%25.1%98.1%-9.9%27.3%132.9K-12.1M-118.4K0.1174.97N/AN/A5,081584199,87027,805