INVZ Options History — May 2021

In May 2021, INVZ traded between $9.09 and $10.87. ATM implied volatility averaged 80.5%. The 30-day expected move averaged 22.6%. IV traded above realized volatility by 8.1% (HV 20d: 72.4%). Max pain ranged from $10.00 to $10.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 10 of 20 days. Put/call ratio averaged 0.27.

Notable Days

  • 2021-05-21: Highest Volume — 13,037 contracts
  • 2021-05-10: Largest IV spike — 20.2% change
  • 2021-05-05: Largest Expected Move — 24.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.98$9.09$10.87$10.57$10.44
Max Pain$10.00$10.00$10.00$10.00$10.00
ATM IV80.5%70.6%99.7%81.3%71.5%
Expected Move22.6%20.3%24.1%23.3%20.5%
HV 20d72.4%62.3%82.8%69.8%77.0%
Term Structure0.8%-6.9%14.8%-5.3%-6.9%
VWIV77.3%62.6%88.8%83.6%71.3%
Skew 25d16.0%-16.1%47.2%20.2%-0.4%
Skew 10d24.1%-43.2%75.9%48.7%0.0%
Call IV 25d81.3%67.5%91.4%91.1%71.5%
Put IV 25d97.3%71.2%124.6%111.3%71.2%
Bid-Ask Spread %46.8913.2070.9319.2451.88
Gamma HHI0.460.300.820.310.51
Net GEX423.9K201.5K1.4M320.2K506.3K
Net DEX-7.9M-15.5M-1.5M-11.5M-8.7M
Net VEX-52.0K-65.1K-43.3K-65.1K-48.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.270.031.150.620.05
Total Volume3,519.4525513,0371,1004,704
Total OI70,993.8562,72480,60169,94566,393

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-05-03$10.57$10.0081.3%23.3%69.8%0.0%83.6%20.2%-5.3%320.2K-11.5M-65.1K0.6219.24N/AN/A67742350,93319,012
2021-05-04$10.21$10.0081.5%23.4%68.5%0.0%88.1%-16.1%10.3%274.1K-9.3M-60.4K1.1520.21N/AN/A26530651,23519,244
2021-05-05$10.37$10.0084.2%24.1%67.3%0.0%88.8%39.8%-1.5%293.6K-10.5M-61.5K0.3565.30N/AN/A36112551,21119,148
2021-05-06$10.07$10.0080.8%23.1%67.1%0.0%73.7%2.1%-4.2%268.0K-7.6M-57.7K0.3659.72N/AN/A1886751,48519,155
2021-05-07$9.88$10.0083.0%23.3%67.1%0.0%81.6%-4.1%-4.6%244.3K-6.4M-54.5K0.3644.42N/AN/A36613151,44219,167
2021-05-10$9.29$10.0099.7%23.1%62.3%0.0%62.6%-2.1%1.3%201.5K-2.8M-50.1K0.8255.77N/AN/A1,6551,35251,58919,239
2021-05-11$9.93$10.0089.8%23.3%67.2%0.0%84.1%2.9%-3.0%312.9K-7.4M-48.9K0.2262.85N/AN/A2,62057851,37618,332
2021-05-12$9.52$10.0079.8%22.9%67.9%0.0%77.1%-0.4%-4.7%268.2K-4.2M-48.2K0.0969.96N/AN/A2,09518152,66818,325
2021-05-13$9.09$10.0082.7%23.7%65.8%0.0%80.1%-2.2%-0.2%205.5K-1.5M-43.3K0.0542.69N/AN/A1,8919853,56118,261
2021-05-14$9.49$10.0077.9%22.3%67.6%0.0%75.0%0.9%-1.5%290.5K-4.6M-48.2K0.1070.93N/AN/A4304254,14418,247
2021-05-17$10.87$10.0072.8%20.9%79.7%0.0%65.6%23.0%1.6%413.9K-15.5M-52.0K0.1059.40N/AN/A5,94461754,18318,245
2021-05-18$10.25$10.0082.9%23.8%82.8%0.0%80.8%33.2%1.3%497.3K-10.8M-51.9K0.0356.84N/AN/A8,93623455,67418,234
2021-05-19$9.97$10.0082.3%23.6%79.1%0.0%83.7%3.0%2.0%593.4K-10.6M-56.3K0.1952.94N/AN/A1,19722661,77018,306
2021-05-20$10.03$10.0080.1%23.0%79.0%0.0%77.0%32.9%-5.7%981.0K-10.3M-52.8K0.0332.66N/AN/A3,3308762,16918,345
2021-05-21$10.13$10.0070.6%20.3%75.8%0.0%66.6%47.2%14.8%1.4M-13.8M-51.0K0.1861.37N/AN/A11,0551,98262,18718,414
2021-05-24$9.84$10.0079.0%22.6%75.9%0.0%73.8%38.5%3.4%345.9K-5.6M-49.1K0.1220.89N/AN/A4,98458348,26514,459
2021-05-25$9.57$10.0079.2%22.7%74.8%0.0%78.7%37.1%2.8%319.0K-4.0M-45.9K0.2336.60N/AN/A3,12572049,39014,913
2021-05-26$9.88$10.0074.3%21.3%75.7%0.0%74.0%43.1%5.7%360.9K-4.6M-46.4K0.0313.20N/AN/A5,75115549,96815,614
2021-05-27$10.24$10.0075.5%21.7%77.1%0.0%80.0%20.5%9.8%418.8K-7.4M-49.4K0.3140.85N/AN/A2,22868049,81615,758
2021-05-28$10.44$10.0071.5%20.5%77.0%0.0%71.3%-0.4%-6.9%506.3K-8.7M-48.0K0.0551.88N/AN/A4,46923550,39116,002