INVZ Options History — November 2021

In November 2021, INVZ traded between $4.61 and $7.30. ATM implied volatility averaged 140.9%, placing in the 77.0% IV rank vs the trailing year. The 30-day expected move averaged 38.7%. IV traded above realized volatility by 60.0% (HV 20d: 80.9%). Max pain ranged from $2.50 to $7.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 0 of 21 days. Put/call ratio averaged 0.40.

Notable Days

  • 2021-11-18: Highest Volume — 50,282 contracts
  • 2021-11-10: Largest IV drop — 34.1% change
  • 2021-11-01: Highest IV Rank — 100.0%
  • 2021-11-19: Largest Expected Move — 46.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.94$4.61$7.30$4.76$7.04
Max Pain$4.76$2.50$7.50$5.00$7.50
ATM IV140.9%113.5%180.0%140.5%147.3%
Expected Move38.7%32.5%46.9%40.3%42.2%
HV 20d80.9%55.2%98.0%65.9%88.8%
HV 60d69.7%65.2%74.1%68.7%72.3%
IV Rank77.0%47.9%100.0%100.0%74.4%
IV Percentile95.8%84.0%100.0%100.0%94.5%
Term Structure-13.8%-28.6%-3.6%-28.6%-9.4%
VWIV140.0%117.6%173.6%140.9%155.3%
Skew 25d-23.0%-42.9%-3.3%-24.2%-12.2%
Skew 10d-33.9%-72.8%4.0%-34.5%-32.9%
Call IV 25d158.4%116.4%214.8%144.4%156.7%
Put IV 25d135.4%102.4%171.8%120.1%144.5%
Bid-Ask Spread %22.339.3641.239.5238.58
Gamma HHI0.460.310.640.640.32
Net GEX204.6K87.6K421.2K99.0K413.4K
Net DEX-15.4M-36.1M-2.9M-3.2M-32.5M
Net VEX-76.4K-177.0K-21.6K-22.0K-169.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.400.031.870.130.17
Total Volume10,883.3811,28750,2824,1835,520
Total OI86,772.14344,600157,85744,600157,857

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-11-01$4.76$5.00140.5%40.3%65.9%100.0%140.9%-24.2%-28.6%99.0K-3.2M-22.0K0.139.52N/AN/A3,71746640,1814,419
2021-11-02$4.63$5.00127.2%36.5%66.3%85.0%123.1%-32.7%-17.8%94.0K-2.9M-21.6K0.499.36N/AN/A1,75585942,9994,607
2021-11-03$4.77$5.00126.5%36.3%64.3%84.1%123.4%-34.0%-12.0%105.0K-3.3M-23.4K0.3822.66N/AN/A2,19082543,9964,917
2021-11-04$4.70$2.50134.4%33.9%64.1%93.1%121.3%-36.4%-9.4%106.2K-3.5M-24.4K0.7414.72N/AN/A1,04777244,5805,042
2021-11-05$4.61$2.50139.0%32.5%56.6%98.3%121.2%-3.3%-4.5%98.3K-3.2M-23.9K1.8714.16N/AN/A48991345,2085,090
2021-11-08$4.76$2.50157.2%33.7%55.2%100.0%131.6%-32.9%-7.3%110.4K-3.7M-24.7K1.1833.68N/AN/A59069745,3015,645
2021-11-09$5.40$2.50180.0%39.0%71.4%100.0%139.4%-42.9%-14.1%155.7K-7.3M-32.4K0.0330.14N/AN/A14,29048745,6195,899
2021-11-10$5.02$2.50118.7%34.0%76.5%51.9%121.6%-16.8%-13.6%143.9K-5.2M-28.7K0.1537.73N/AN/A2,67640751,9625,969
2021-11-11$5.39$2.50114.0%32.7%79.9%48.2%117.6%-23.3%-6.1%168.8K-6.7M-31.4K0.289.84N/AN/A2,62773150,3556,077
2021-11-12$5.38$5.00115.7%33.2%77.4%49.6%119.7%-12.0%-10.1%87.6K-5.9M-27.7K0.3928.57N/AN/A1,07842249,3806,321
2021-11-15$5.95$5.00119.8%34.3%83.6%52.8%123.0%-4.0%-10.8%101.3K-7.8M-30.8K0.1539.39N/AN/A2,74542149,5306,384
2021-11-16$5.88$5.00113.5%32.6%83.4%47.9%122.8%-16.8%-3.6%104.8K-7.7M-31.5K0.2641.23N/AN/A1,24932949,9296,392
2021-11-17$6.67$5.00136.6%39.2%93.0%66.0%140.3%-4.6%-18.6%120.6K-10.7M-36.2K0.3010.86N/AN/A37,08411,10450,2746,456
2021-11-18$6.65$5.00147.6%42.3%92.8%74.6%146.9%-17.5%-18.6%211.8K-17.6M-74.0K0.7221.11N/AN/A29,31220,97079,16316,823
2021-11-19$7.28$5.00163.5%46.9%96.2%87.0%173.5%-28.2%-25.8%263.2K-30.5M-143.5K0.049.92N/AN/A32,9351,203103,78037,115
2021-11-22$7.29$5.00159.3%45.7%95.6%83.8%173.6%-32.6%-21.3%340.9K-33.8M-157.2K0.0311.96N/AN/A28,96087899,37135,959
2021-11-23$7.05$5.00151.7%43.5%97.0%77.8%154.1%-30.1%-7.5%361.0K-33.1M-174.3K0.2617.69N/AN/A2,218586110,86036,534
2021-11-24$7.30$7.50152.5%43.7%96.4%78.5%168.2%-26.0%-16.7%386.5K-36.1M-177.0K0.0415.30N/AN/A12,437530111,40436,744
2021-11-26$7.25$7.50157.6%45.2%96.7%82.5%159.3%-24.1%-16.7%421.2K-35.4M-176.7K0.4016.59N/AN/A1,073432119,74336,988
2021-11-29$7.05$7.50157.3%45.1%98.0%82.2%163.5%-27.8%-18.3%404.1K-33.7M-172.6K0.4735.89N/AN/A1,036491120,17237,170
2021-11-30$7.04$7.50147.3%42.2%88.8%74.4%155.3%-12.2%-9.4%413.4K-32.5M-169.7K0.1738.58N/AN/A4,738782120,47437,383