INVZ Options History — December 2021

In December 2021, INVZ traded between $5.72 and $6.60. ATM implied volatility averaged 132.6%, placing in the 62.9% IV rank vs the trailing year. The 30-day expected move averaged 36.2%. IV traded above realized volatility by 58.3% (HV 20d: 74.3%). Max pain ranged from $5.00 to $7.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 0 of 22 days. Put/call ratio averaged 0.21.

Notable Days

  • 2021-12-30: Highest Volume — 8,216 contracts
  • 2021-12-13: Largest IV spike — 19.7% change
  • 2021-12-13: Highest IV Rank — 84.6%
  • 2021-12-01: Largest Expected Move — 45.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.17$5.72$6.60$6.60$6.35
Max Pain$5.34$5.00$7.50$7.50$5.00
ATM IV132.6%111.2%160.3%157.5%143.1%
Expected Move36.2%31.9%45.1%45.1%41.0%
HV 20d74.3%53.2%101.0%92.3%59.8%
HV 60d74.0%72.8%75.6%73.3%74.1%
IV Rank62.9%46.1%84.6%82.4%71.0%
IV Percentile85.9%68.3%98.9%97.6%91.4%
Term Structure-7.6%-21.2%-0.4%-17.3%-21.2%
VWIV132.6%116.3%161.3%156.7%141.4%
Skew 25d-11.3%-21.5%-3.8%-17.0%-20.1%
Skew 10d-31.1%-45.7%-4.6%-42.6%-40.1%
Call IV 25d135.2%120.5%156.3%155.3%147.8%
Put IV 25d123.9%110.5%141.3%138.3%127.7%
Bid-Ask Spread %26.929.1356.6622.9416.82
Gamma HHI0.370.320.410.320.41
Net GEX308.0K232.9K388.9K347.2K388.9K
Net DEX-18.3M-26.3M-11.4M-26.3M-22.5M
Net VEX-131.4K-159.5K-111.1K-159.5K-127.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.210.030.620.420.27
Total Volume3,399.5915828,2162,6421,852
Total OI153,546.455140,371164,816156,183151,349

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-12-01$6.60$7.50157.5%45.1%92.3%82.4%156.7%-17.0%-17.3%347.2K-26.3M-159.5K0.4222.94N/AN/A1,857785118,51137,672
2021-12-02$6.38$7.50144.8%41.5%93.9%72.4%150.3%-11.9%-11.9%326.4K-22.8M-151.6K0.1145.91N/AN/A2,741310119,28437,781
2021-12-03$5.87$7.50139.1%39.9%99.8%67.9%151.6%-19.1%-6.9%269.7K-17.0M-139.5K0.2624.62N/AN/A1,177306119,71937,877
2021-12-06$5.92$5.00142.2%37.5%99.1%70.4%129.8%-9.9%-6.0%264.0K-16.2M-135.0K0.3136.59N/AN/A1,153356119,94937,919
2021-12-07$6.35$5.00150.9%37.8%101.0%77.2%129.1%-8.9%-11.4%334.2K-21.3M-143.3K0.2320.71N/AN/A1,419332119,77337,973
2021-12-08$6.40$5.00150.1%35.7%92.0%76.6%124.9%-6.6%-7.9%354.0K-21.3M-142.6K0.0535.39N/AN/A5,356288120,18037,950
2021-12-09$6.49$5.00144.6%35.7%86.8%72.3%124.5%-9.0%-9.2%364.3K-22.1M-144.1K0.0629.98N/AN/A5,232331121,62137,984
2021-12-10$6.40$5.00133.9%35.1%84.4%63.9%122.6%-5.4%-8.4%353.5K-20.7M-140.0K0.0911.97N/AN/A2,886267123,91637,922
2021-12-13$6.46$5.00160.3%35.8%84.4%84.6%127.1%-4.2%-11.0%366.0K-21.5M-139.2K0.1330.50N/AN/A2,930395124,87237,933
2021-12-14$6.32$5.00138.4%35.7%77.7%67.4%127.9%-6.4%-8.6%288.7K-18.8M-134.0K0.1310.62N/AN/A2,118265125,31237,895
2021-12-15$6.08$5.00126.8%36.4%78.9%58.3%131.1%-3.8%-9.3%269.2K-16.7M-129.1K0.1456.66N/AN/A4,117585125,77837,904
2021-12-16$5.96$5.00120.5%34.5%64.0%53.3%121.8%-9.7%-6.2%258.7K-15.1M-126.4K0.2949.63N/AN/A1,469426126,70337,876
2021-12-17$5.80$5.00118.8%34.1%64.5%52.0%132.6%-13.5%-2.1%233.7K-13.0M-120.2K0.3632.34N/AN/A4,5401,612126,88337,933
2021-12-20$5.72$5.00115.0%33.0%53.2%49.0%125.8%-10.0%-3.7%232.9K-11.4M-111.1K0.129.63N/AN/A3,205381104,90535,466
2021-12-21$5.81$5.00114.2%32.7%53.9%48.4%118.2%-10.9%-2.7%258.2K-14.2M-120.9K0.6226.38N/AN/A1,184737106,03535,548
2021-12-22$6.03$5.00115.7%33.2%55.9%49.6%130.6%-10.2%-3.1%285.0K-16.3M-124.4K0.049.13N/AN/A5,697206106,39235,721
2021-12-23$6.33$5.00116.9%33.5%57.5%50.5%116.3%-10.1%-5.5%345.5K-19.6M-129.7K0.259.63N/AN/A1,336337107,37635,742
2021-12-27$6.09$5.00111.2%31.9%58.5%46.1%121.2%-21.5%-0.4%312.2K-16.6M-119.2K0.6226.01N/AN/A360222107,13535,768
2021-12-28$5.99$5.00116.9%33.5%58.2%50.5%161.3%-8.5%-2.2%286.9K-14.3M-114.4K0.0533.68N/AN/A4,768233107,15935,812
2021-12-29$5.94$5.00120.8%34.6%58.1%53.5%133.2%-16.3%-4.8%285.8K-14.4M-114.2K0.1127.52N/AN/A2,521283107,84435,866
2021-12-30$6.39$5.00136.4%39.1%61.0%65.9%139.9%-16.1%-7.4%351.9K-21.2M-126.0K0.0325.50N/AN/A7,990226108,91435,870
2021-12-31$6.35$5.00143.1%41.0%59.8%71.0%141.4%-20.1%-21.2%388.9K-22.5M-127.1K0.2716.82N/AN/A1,461391115,45535,894