INVZ Options History — August 2021

In August 2021, INVZ traded between $6.53 and $9.31. ATM implied volatility averaged 86.5%. The 30-day expected move averaged 24.2%. IV traded above realized volatility by 10.6% (HV 20d: 75.9%). Max pain ranged from $7.50 to $10.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 0.39.

Notable Days

  • 2021-08-17: Highest Volume — 14,238 contracts
  • 2021-08-09: Largest IV spike — 35.8% change
  • 2021-08-30: Largest Expected Move — 29.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.91$6.53$9.31$8.66$7.32
Max Pain$7.84$7.50$10.00$10.00$7.50
ATM IV86.5%67.5%101.4%83.1%96.9%
Expected Move24.2%19.3%29.1%23.8%27.8%
HV 20d75.9%51.2%94.4%51.2%93.0%
HV 60d56.8%48.7%64.3%56.2%63.8%
Term Structure-4.7%-15.9%20.2%-15.5%-6.8%
VWIV84.5%55.3%101.0%93.4%96.9%
Skew 25d7.2%-11.6%27.0%-11.6%27.0%
Skew 10d20.0%-10.9%82.1%9.3%41.3%
Call IV 25d88.8%69.8%136.8%93.4%102.7%
Put IV 25d96.0%72.7%148.8%81.8%129.7%
Bid-Ask Spread %29.146.4678.0413.1312.79
Gamma HHI0.400.290.500.420.38
Net GEX252.9K41.7K531.2K340.5K177.3K
Net DEX-4.5M-14.3M3.6M-8.2M-1.7M
Net VEX-42.9K-55.7K-25.8K-49.4K-36.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.390.042.100.070.98
Total Volume2,434.31814014,2384,7553,084
Total OI60,854.36456,14169,10056,33458,405

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-08-02$8.66$10.0083.1%23.8%51.2%0.0%93.4%-11.6%-15.5%340.5K-8.2M-49.4K0.0713.13N/AN/A4,45629946,07710,257
2021-08-03$8.61$10.0069.3%19.9%51.2%0.0%85.1%17.0%-2.4%416.5K-10.0M-52.8K0.359.04N/AN/A1154052,21910,265
2021-08-04$8.70$10.0067.5%19.3%51.5%0.0%80.1%13.2%-7.0%368.1K-9.8M-53.9K0.0818.21N/AN/A1591250,79110,157
2021-08-05$9.07$7.5089.8%21.7%53.9%0.0%71.1%2.6%-3.2%451.3K-11.9M-50.7K0.1966.08N/AN/A56010950,83510,184
2021-08-06$8.47$7.5068.7%21.8%58.3%0.0%75.7%-1.1%20.2%258.8K-7.3M-49.8K0.3378.04N/AN/A3,4501,13950,82010,186
2021-08-09$8.26$7.5093.2%22.0%58.5%0.0%78.7%-2.5%-3.9%250.4K-6.3M-47.0K2.1073.58N/AN/A22346950,81910,146
2021-08-10$8.53$7.5099.4%22.7%60.3%0.0%78.3%7.3%-4.0%375.2K-8.6M-53.5K0.4836.04N/AN/A46622552,40211,226
2021-08-11$9.31$7.5070.5%20.2%69.2%0.0%55.3%2.9%0.3%531.2K-14.3M-55.7K0.1972.22N/AN/A4,64087552,47211,151
2021-08-12$8.85$7.5073.5%21.1%71.1%0.0%71.8%1.3%2.0%446.7K-10.6M-52.5K0.2711.35N/AN/A83822552,54711,210
2021-08-13$8.73$7.5078.8%22.6%70.9%0.0%76.4%-0.5%-6.4%273.8K-6.9M-48.1K0.089.72N/AN/A2,17317949,57111,517
2021-08-16$8.25$7.5074.8%21.5%72.8%0.0%75.1%10.5%-3.8%235.6K-3.7M-41.4K0.419.26N/AN/A1,37155750,18511,636
2021-08-17$7.16$7.5085.0%24.4%85.2%0.0%83.2%3.0%-4.0%142.9K151.6K-35.2K0.3577.29N/AN/A10,5683,67050,17211,785
2021-08-18$6.90$7.5089.5%25.7%85.6%0.0%88.8%3.5%-0.2%107.3K1.4M-30.6K0.1413.28N/AN/A1,37819549,39311,822
2021-08-19$6.53$7.5098.5%28.2%86.7%0.0%92.9%-1.1%-8.6%108.3K3.6M-30.8K0.0715.48N/AN/A3,06322553,19015,751
2021-08-20$7.17$7.5094.6%27.1%94.4%0.0%94.6%8.2%-10.0%154.9K1.6M-37.7K0.1547.93N/AN/A1,50222153,31215,788
2021-08-23$7.17$7.5093.3%26.8%94.3%0.0%93.0%16.6%-7.0%164.2K-1.5M-37.2K0.1715.75N/AN/A1,31522644,61311,802
2021-08-24$7.47$7.5088.9%25.5%94.1%0.0%89.4%17.0%-2.4%188.8K-2.4M-39.5K0.0412.44N/AN/A7692744,28011,908
2021-08-25$7.28$7.5094.9%27.2%94.4%0.0%94.9%8.4%-9.7%173.7K-2.0M-38.7K1.3726.20N/AN/A9861,35044,12412,017
2021-08-26$7.11$7.5094.0%26.9%93.1%0.0%94.8%3.4%-5.7%167.2K-1.2M-36.1K0.336.88N/AN/A1053545,15612,034
2021-08-27$6.88$7.5097.4%27.9%87.0%0.0%89.4%12.0%-8.7%41.7K3.1M-25.8K0.286.46N/AN/A37710545,16213,077
2021-08-30$7.48$7.50101.4%29.1%92.8%0.0%101.0%21.3%-15.9%190.4K-2.7M-39.7K0.089.85N/AN/A1,64712745,22813,104
2021-08-31$7.32$7.5096.9%27.8%93.0%0.0%96.9%27.0%-6.8%177.3K-1.7M-36.7K0.9812.79N/AN/A1,5581,52645,28813,117