INVZ Options History — September 2021

In September 2021, INVZ traded between $5.67 and $7.30. ATM implied volatility averaged 106.6%. The 30-day expected move averaged 30.3%. IV traded above realized volatility by 36.7% (HV 20d: 70.0%). Max pain ranged from $7.50 to $7.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 0.44.

Notable Days

  • 2021-09-27: Highest Volume — 2,822 contracts
  • 2021-09-27: Largest IV spike — 17.1% change
  • 2021-09-17: Largest Expected Move — 36.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.38$5.67$7.30$7.30$5.70
Max Pain$7.50$7.50$7.50$7.50$7.50
ATM IV106.6%89.3%128.5%89.3%111.3%
Expected Move30.3%25.6%36.8%25.6%31.9%
HV 20d70.0%49.6%92.7%92.7%49.9%
HV 60d64.5%62.6%66.6%63.4%66.6%
Term Structure-12.3%-27.7%0.9%0.9%-17.2%
VWIV107.9%90.6%130.2%90.9%130.2%
Skew 25d-5.4%-23.4%22.1%22.1%-21.8%
Skew 10d-14.6%-38.8%31.1%31.1%-2.2%
Call IV 25d114.6%94.3%167.9%100.6%125.3%
Put IV 25d109.2%100.2%144.5%122.7%103.6%
Bid-Ask Spread %21.746.5541.098.559.67
Gamma HHI0.360.280.570.410.42
Net GEX69.3K19.8K190.5K190.5K27.0K
Net DEX1.8M-1.7M4.7M-1.7M1.6M
Net VEX-23.6K-36.3K-14.4K-36.3K-18.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.440.011.320.531.01
Total Volume949.8572422,8222641,044
Total OI52,733.38137,34764,38859,27742,928

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-09-01$7.30$7.5089.3%25.6%92.7%0.0%90.9%22.1%0.9%190.5K-1.7M-36.3K0.538.55N/AN/A1729246,11313,164
2021-09-02$7.12$7.5089.6%25.6%90.9%0.0%95.6%3.4%-11.0%155.5K-81.4K-35.0K0.3024.99N/AN/A33410047,01314,681
2021-09-03$6.98$7.5095.4%26.0%88.5%0.0%91.6%3.3%-11.2%148.8K124.9K-34.8K0.1926.52N/AN/A2043847,05814,745
2021-09-07$6.83$7.50107.3%26.4%88.5%0.0%94.7%5.9%-12.7%123.2K1.5M-29.0K0.3511.55N/AN/A30310647,08414,808
2021-09-08$6.55$7.50100.1%28.7%87.7%0.0%103.9%1.7%-11.7%110.0K2.1M-27.5K0.2340.13N/AN/A4339847,09514,824
2021-09-09$6.80$7.5095.5%27.4%81.7%0.0%90.6%3.7%-17.0%123.9K1.8M-27.6K0.0737.94N/AN/A2901947,34114,865
2021-09-10$6.87$7.5097.5%27.9%81.1%0.0%98.8%-1.4%-15.2%128.3K1.5M-27.9K0.0123.74N/AN/A2,4252547,36114,892
2021-09-13$6.58$7.50104.1%29.8%81.8%0.0%105.1%-3.5%-13.8%43.1K4.1M-22.3K0.6940.90N/AN/A59641447,54414,901
2021-09-14$6.36$7.50104.6%30.0%80.7%0.0%112.9%-5.1%-17.0%41.7K4.3M-21.8K0.0817.94N/AN/A1,99916248,26014,916
2021-09-15$6.21$7.50100.5%28.8%65.1%0.0%103.9%-2.2%-13.9%32.1K4.7M-19.7K0.356.55N/AN/A40013948,18614,939
2021-09-16$6.45$7.50116.8%33.5%65.9%0.0%113.4%-19.5%-16.3%52.0K3.7M-24.0K0.5512.57N/AN/A35919649,29014,994
2021-09-17$6.70$7.50128.5%36.8%64.5%0.0%122.9%-16.0%-27.7%52.3K3.5M-24.5K1.0125.60N/AN/A77678749,38115,007
2021-09-20$6.24$7.50112.2%32.2%59.6%0.0%116.9%-11.0%-2.8%38.3K246.1K-20.7K0.6139.01N/AN/A46428228,8698,478
2021-09-21$6.01$7.50111.0%31.8%60.5%0.0%122.3%-13.6%-11.4%28.6K1.0M-19.1K0.5341.09N/AN/A65034329,2109,231
2021-09-22$5.91$7.50107.7%30.9%57.6%0.0%109.2%-5.2%-6.1%24.1K1.3M-18.5K0.8212.55N/AN/A63752429,4809,398
2021-09-23$5.97$7.50113.4%32.5%57.8%0.0%112.4%2.6%-12.2%26.6K1.2M-18.4K0.3024.51N/AN/A40512129,7829,371
2021-09-24$6.02$7.50105.0%30.1%57.9%0.0%106.0%-21.8%-0.6%28.3K1.0M-19.6K1.329.97N/AN/A20426930,0499,672
2021-09-27$6.06$7.50122.9%35.2%57.4%0.0%123.6%4.7%-23.4%27.4K1.0M-19.2K0.0424.19N/AN/A2,71510730,3119,785
2021-09-28$5.71$7.50112.0%32.1%49.6%0.0%104.7%-16.3%-8.4%19.8K1.6M-16.5K0.107.73N/AN/A1,08710730,3909,778
2021-09-29$5.67$7.50114.7%32.9%49.6%0.0%116.7%-23.4%-9.8%33.2K2.3M-14.4K0.1210.84N/AN/A4665532,3599,848
2021-09-30$5.70$7.50111.3%31.9%49.9%0.0%130.2%-21.8%-17.2%27.0K1.6M-18.0K1.019.67N/AN/A51952533,0039,925