HOOD Options History — May 2023

In May 2023, HOOD traded between $8.38 and $9.59. ATM implied volatility averaged 51.7%, placing in the 6.2% IV rank vs the trailing year. The 30-day expected move averaged 15.1%. IV traded above realized volatility by 12.1% (HV 20d: 39.6%). Max pain ranged from $9.50 to $10.00. Net GEX was positive for 11 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 0.52.

Notable Days

  • 2023-05-11: Highest Volume — 141,277 contracts
  • 2023-05-11: Largest IV drop — 22.8% change
  • 2023-05-10: Highest IV Rank — 19.4%
  • 2023-05-03: Largest Expected Move — 19.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.75$8.38$9.59$8.79$8.95
Max Pain$9.91$9.50$10.00$9.50$9.50
ATM IV51.7%45.3%62.6%57.1%47.8%
Expected Move15.1%12.9%19.3%17.8%13.9%
HV 20d39.6%21.7%50.0%21.7%46.6%
HV 60d40.9%38.0%43.6%38.0%41.1%
IV Rank6.2%0.0%19.4%8.9%3.9%
IV Percentile6.0%0.0%21.0%8.7%3.2%
Term Structure-0.8%-2.3%2.3%-2.3%-1.3%
VWIV52.5%44.2%68.9%63.1%46.5%
Skew 25d5.4%2.8%8.7%8.6%6.2%
Skew 10d10.9%5.5%16.2%15.1%12.7%
Call IV 25d49.8%43.2%59.7%52.5%45.1%
Put IV 25d55.1%48.6%66.5%61.1%51.3%
Bid-Ask Spread %4.532.718.335.092.71
Gamma HHI0.160.110.230.230.11
Net GEX-27.8K-870.1K1.8M-825.0K621.5K
Net DEX11.6M-36.4M36.9M23.6M-8.6M
Net VEX-445.7K-512.3K-410.9K-466.6K-426.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.520.202.010.330.55
Total Volume36,756.90912,428141,27716,33717,563
Total OI456,503.227386,855561,440429,334395,496

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-05-01$8.79$9.5057.1%17.8%21.7%8.9%63.1%8.6%-2.3%-825.0K23.6M-466.6K0.335.09N/AN/A12,2934,044247,436181,898
2023-05-02$8.45$9.5059.3%18.7%24.1%13.6%65.0%6.0%-2.2%-870.1K33.3M-440.9K1.855.66N/AN/A10,43419,274254,122183,909
2023-05-03$8.39$9.5059.0%19.3%24.0%13.1%68.9%6.3%-1.2%-784.5K33.5M-440.0K0.424.67N/AN/A9,9494,143257,441183,034
2023-05-04$8.48$10.0060.9%17.3%24.7%16.4%57.8%6.0%-1.6%-642.6K28.8M-455.7K0.878.33N/AN/A7,1036,157261,469182,552
2023-05-05$8.82$10.0057.6%16.0%27.1%10.5%56.3%8.7%-1.6%-515.0K15.8M-478.3K0.636.05N/AN/A13,5408,469263,777182,693
2023-05-08$8.93$10.0058.7%16.1%27.9%12.5%56.5%6.1%-2.0%-460.1K11.8M-469.2K0.264.63N/AN/A25,1196,525257,096183,925
2023-05-09$9.13$10.0060.9%16.7%29.6%16.3%57.3%7.4%-2.3%-50.0K-554.9K-504.1K0.605.13N/AN/A32,20219,471270,151186,724
2023-05-10$9.07$10.0062.6%17.5%29.2%19.4%62.8%7.1%-1.9%120.5K-2.6M-512.3K0.365.14N/AN/A74,39726,544287,324197,263
2023-05-11$9.59$10.0048.3%13.6%36.2%0.0%49.2%3.6%-0.8%1.8M-36.4M-512.2K0.214.37N/AN/A116,66224,615333,529209,643
2023-05-12$8.79$10.0048.8%14.0%47.0%0.8%50.4%3.3%0.2%-821.1K20.6M-457.8K0.384.78N/AN/A49,01018,819350,724210,716
2023-05-15$8.66$10.0047.2%13.3%47.0%0.0%47.6%2.8%2.1%-758.7K23.9M-430.9K0.324.34N/AN/A28,5799,221307,253185,070
2023-05-16$8.38$10.0049.0%14.1%47.9%3.0%48.3%4.5%-1.0%-646.6K36.9M-410.9K0.213.98N/AN/A36,5307,830317,556188,741
2023-05-17$8.48$10.0047.6%13.7%48.4%0.8%47.1%2.8%-1.1%91.6K30.6M-420.0K0.313.50N/AN/A25,0057,823332,030191,159
2023-05-18$8.59$10.0045.3%12.9%48.9%0.0%45.6%3.0%2.3%-60.1K28.7M-422.2K0.223.54N/AN/A16,8383,626329,182192,081
2023-05-19$8.50$10.0046.6%13.5%48.9%2.1%44.2%3.7%-0.8%897.2K33.1M-411.0K2.013.18N/AN/A14,58229,279334,285192,684
2023-05-22$8.75$10.0046.2%13.5%50.0%1.4%45.0%6.1%1.8%302.2K-894.3K-418.7K0.314.12N/AN/A22,6217,010255,968132,610
2023-05-23$8.68$10.0046.1%13.8%48.5%1.3%48.0%5.2%1.2%450.4K-1.3M-431.0K0.314.42N/AN/A11,2093,478263,252136,484
2023-05-24$8.63$10.0048.4%14.2%47.9%4.8%48.6%5.2%-0.8%380.9K142.9K-422.4K0.594.85N/AN/A7,8214,607265,118137,366
2023-05-25$8.64$10.0047.8%14.4%47.9%3.9%48.7%3.8%-1.6%375.4K-456.9K-424.3K0.225.39N/AN/A16,2853,591265,346137,750
2023-05-26$8.84$10.0045.3%13.8%48.7%0.0%48.7%5.8%-0.9%239.0K-6.5M-426.1K0.202.74N/AN/A18,9173,840273,690137,669
2023-05-30$8.98$10.0047.6%14.4%48.9%3.6%49.9%5.6%-1.9%521.2K-8.9M-424.7K0.332.95N/AN/A17,7615,866255,655131,200
2023-05-31$8.95$9.5047.8%13.9%46.6%3.9%46.5%6.2%-1.3%621.5K-8.6M-426.9K0.552.71N/AN/A11,3656,198262,903132,593