INVZ Options History — July 2021

In July 2021, INVZ traded between $7.94 and $10.29. ATM implied volatility averaged 65.1%. The 30-day expected move averaged 18.4%. IV traded above realized volatility by 33.3% (HV 20d: 31.8%). Max pain ranged from $7.50 to $10.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.40.

Notable Days

  • 2021-07-30: Highest Volume — 10,046 contracts
  • 2021-07-30: Largest IV spike — 47.1% change
  • 2021-07-30: Largest Expected Move — 23.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.32$7.94$10.29$10.29$9.03
Max Pain$9.88$7.50$10.00$10.00$10.00
ATM IV65.1%52.5%82.0%65.9%82.0%
Expected Move18.4%15.1%23.5%18.9%23.5%
HV 20d31.8%24.6%50.6%37.9%50.6%
HV 60d55.4%52.1%61.4%61.4%55.9%
Term Structure3.5%-5.0%30.9%9.2%2.3%
VWIV65.1%56.2%84.3%57.4%69.2%
Skew 25d26.6%-6.1%80.3%77.7%15.3%
Skew 10d45.6%0.6%126.6%126.6%28.0%
Call IV 25d67.5%42.4%117.2%42.4%67.3%
Put IV 25d94.1%64.7%159.1%120.1%82.6%
Bid-Ask Spread %19.468.8644.998.8620.04
Gamma HHI0.610.350.840.600.57
Net GEX355.5K16.5K927.0K443.3K350.3K
Net DEX-3.8M-8.7M2.1M-8.5M-8.7M
Net VEX-35.5K-46.3K-22.6K-39.3K-46.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.400.001.330.090.01
Total Volume3,359.14329610,0461,78410,046
Total OI55,254.23837,36470,09159,37855,394

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-07-01$10.29$10.0065.9%18.9%37.9%0.0%57.4%77.7%9.2%443.3K-8.5M-39.3K0.098.86N/AN/A1,63115346,91312,465
2021-07-02$9.94$10.0063.3%18.2%39.5%0.0%63.3%80.3%-0.1%409.3K-5.3M-37.9K0.1110.95N/AN/A2,30125147,08112,556
2021-07-06$9.90$10.0066.7%19.6%36.3%0.0%67.9%6.6%-1.5%413.2K-5.5M-37.0K1.0013.17N/AN/A24925047,87112,670
2021-07-07$9.83$10.0064.3%18.7%34.2%0.0%56.2%0.2%1.7%436.8K-4.3M-35.4K0.5516.32N/AN/A55030148,01912,873
2021-07-08$9.96$10.0062.7%18.8%28.0%0.0%67.3%7.2%4.9%468.8K-5.6M-35.6K1.3338.51N/AN/A12716948,23912,901
2021-07-09$9.99$10.0066.1%17.5%28.0%0.0%58.3%37.4%5.6%491.2K-5.9M-34.7K0.5116.57N/AN/A34217648,32912,920
2021-07-12$10.01$10.0069.3%17.9%28.0%0.0%66.3%24.5%-0.6%579.1K-5.9M-32.4K0.0613.60N/AN/A4,02522248,43513,067
2021-07-13$10.01$10.0074.5%17.7%27.7%0.0%58.4%5.7%7.2%673.0K-7.1M-36.1K0.1619.69N/AN/A77012352,55013,155
2021-07-14$9.98$10.0058.7%16.8%27.6%0.0%59.7%24.1%-0.4%927.0K-6.3M-36.0K0.0420.64N/AN/A3,62812852,82013,157
2021-07-15$9.99$7.5066.3%19.0%27.3%0.0%58.8%40.1%-3.0%818.3K-7.1M-34.7K0.9719.74N/AN/A1,8291,76852,90113,154
2021-07-16$9.77$10.0065.6%18.8%24.6%0.0%68.4%53.2%2.2%223.0K2.1M-29.9K1.2244.99N/AN/A4,1275,03354,85915,232
2021-07-19$9.49$10.0070.8%20.3%25.7%0.0%64.3%53.3%-2.1%16.5K-32.9K-22.6K1.0711.61N/AN/A1,4861,58828,3259,039
2021-07-20$8.92$10.0064.2%18.4%31.3%0.0%60.7%2.1%-5.0%157.1K-861.8K-34.5K0.0613.68N/AN/A3,76424229,17910,546
2021-07-21$8.90$10.0068.0%19.5%30.7%0.0%58.6%6.0%-5.0%156.4K-1.6M-32.6K0.1012.59N/AN/A1,90319233,18810,744
2021-07-22$8.63$10.0054.4%15.6%28.0%0.0%64.6%24.6%30.9%138.6K-1.3M-35.6K0.6511.95N/AN/A27818133,53910,863
2021-07-23$8.36$10.0052.5%15.1%28.7%0.0%59.2%25.6%-4.4%147.2K-1.3M-38.0K0.3528.16N/AN/A4,3721,54734,39410,889
2021-07-26$8.39$10.0056.0%16.1%29.2%0.0%67.8%22.1%-3.5%161.4K-710.0K-35.6K0.0132.56N/AN/A7,5525534,39410,889
2021-07-27$7.94$10.0069.8%20.0%33.0%0.0%84.0%-6.1%-1.2%55.6K410.4K-29.0K0.0511.85N/AN/A1,4487237,34310,099
2021-07-28$7.99$10.0070.3%20.2%33.3%0.0%72.8%24.3%17.4%206.3K-2.0M-41.0K0.1231.22N/AN/A2,06324744,39810,103
2021-07-29$8.31$10.0055.7%16.0%38.0%0.0%84.3%35.2%18.4%193.0K-3.1M-40.9K0.0011.87N/AN/A5,3421144,72010,126
2021-07-30$9.03$10.0082.0%23.5%50.6%0.0%69.2%15.3%2.3%350.3K-8.7M-46.3K0.0120.04N/AN/A9,9846245,14610,248