INVZ Options History — January 2022

In January 2022, INVZ traded between $3.40 and $6.26. ATM implied volatility averaged 127.5%, placing in the 58.9% IV rank vs the trailing year. The 30-day expected move averaged 35.9%. IV traded above realized volatility by 63.8% (HV 20d: 63.7%). Max pain ranged from $5.00 to $7.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 10 of 20 days. Put/call ratio averaged 0.84.

Notable Days

  • 2022-01-05: Highest Volume — 57,945 contracts
  • 2022-01-27: Largest IV drop — 21.6% change
  • 2022-01-24: Highest IV Rank — 74.2%
  • 2022-01-24: Largest Expected Move — 42.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.41$3.40$6.26$6.26$4.00
Max Pain$6.00$5.00$7.50$5.00$5.00
ATM IV127.5%109.0%147.0%146.6%118.2%
Expected Move35.9%31.3%42.2%42.0%33.9%
HV 20d63.7%51.5%77.4%51.5%77.4%
HV 60d77.1%73.7%80.9%74.0%80.9%
IV Rank58.9%44.3%74.2%73.8%51.6%
IV Percentile80.3%60.5%93.1%92.6%73.4%
Term Structure0.4%-23.2%49.0%-23.2%7.7%
VWIV126.8%92.9%147.8%147.8%101.1%
Skew 25d-6.3%-30.4%31.0%-19.7%31.0%
Skew 10d-17.7%-64.2%42.9%-43.2%24.8%
Call IV 25d132.8%116.4%157.2%157.2%139.9%
Put IV 25d126.5%88.9%170.9%137.5%170.9%
Bid-Ask Spread %22.607.4859.5830.4810.17
Gamma HHI0.340.300.430.420.31
Net GEX110.3K21.3K379.2K379.2K55.1K
Net DEX-1.4M-20.3M6.9M-20.3M1.4M
Net VEX-72.1K-121.4K-43.5K-121.4K-54.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.840.073.640.280.13
Total Volume5,337.4584657,9451,2944,060
Total OI158,845.1121,998190,109152,340122,832

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-01-03$6.26$5.00146.6%42.0%51.5%73.8%147.8%-19.7%-23.2%379.2K-20.3M-121.4K0.2830.48N/AN/A1,013281116,32136,019
2022-01-04$5.72$5.00140.2%40.2%61.2%68.8%143.1%-8.1%-13.4%287.3K-13.3M-107.5K0.3516.61N/AN/A2,527876116,13436,102
2022-01-05$5.70$5.00130.1%37.3%55.0%60.8%146.2%-24.3%-7.1%288.0K-13.0M-106.2K0.0719.42N/AN/A54,4083,537117,75536,358
2022-01-06$5.40$7.50121.6%34.4%57.4%54.2%138.1%-10.3%-2.6%242.1K-11.9M-117.1K0.1525.92N/AN/A3,842571138,18436,559
2022-01-07$5.20$7.50139.0%34.9%57.6%67.8%138.8%-16.7%-2.3%216.1K-8.9M-109.6K0.6620.05N/AN/A803531138,28936,616
2022-01-10$4.83$7.50134.4%34.2%61.8%64.3%124.0%-29.1%-0.8%116.5K-3.8M-91.1K1.6932.78N/AN/A6741,138138,21336,667
2022-01-11$4.78$7.50121.5%32.3%61.2%54.1%113.2%-30.4%4.1%96.7K-2.8M-87.6K1.0027.88N/AN/A488486138,35837,492
2022-01-12$4.75$7.50116.5%33.4%61.2%50.2%118.8%-30.4%1.6%65.5K-929.8K-81.1K0.5916.72N/AN/A898527138,46537,623
2022-01-13$4.34$7.50116.2%33.3%66.4%50.0%128.4%8.8%3.3%75.4K3.9M-67.2K0.0721.26N/AN/A9,045603138,57137,650
2022-01-14$4.30$7.50109.0%31.3%66.5%44.3%92.9%-27.5%3.7%64.9K5.2M-61.6K0.937.55N/AN/A875811145,76237,998
2022-01-18$3.99$7.50126.9%36.4%69.6%58.4%125.7%-9.5%-10.4%53.6K5.5M-54.1K0.407.48N/AN/A1,405556146,99738,101
2022-01-19$3.91$5.00117.6%33.7%69.6%51.1%98.5%6.7%-2.4%56.0K5.1M-55.0K0.6412.62N/AN/A789504147,81337,702
2022-01-20$3.76$5.00122.5%35.1%68.7%54.9%121.8%4.0%2.2%52.3K4.9M-53.9K3.6459.58N/AN/A1,4175,151147,92037,848
2022-01-21$3.54$5.00133.3%38.2%66.2%63.4%130.1%4.4%-3.7%25.3K6.9M-46.7K0.8523.61N/AN/A1,3921,178147,95042,159
2022-01-24$3.57$5.00147.0%42.2%61.6%74.2%134.1%19.4%0.3%27.9K2.3M-48.1K1.0617.27N/AN/A68873192,91829,080
2022-01-25$3.48$5.00143.4%41.1%61.5%71.3%139.5%-7.1%-9.8%26.0K2.4M-45.6K1.4324.29N/AN/A51673693,07729,162
2022-01-26$3.57$5.00140.0%40.1%64.3%68.6%134.2%4.1%4.2%21.3K2.7M-45.4K0.8334.97N/AN/A61651093,38229,127
2022-01-27$3.40$5.00109.8%31.5%64.4%44.9%133.3%13.4%49.0%24.7K2.6M-43.5K0.4021.88N/AN/A1,22849293,62729,200
2022-01-28$3.78$5.00116.9%33.5%71.9%50.5%126.7%-4.3%8.5%32.0K3.1M-44.9K1.6821.50N/AN/A31653093,66429,207
2022-01-31$4.00$5.00118.2%33.9%77.4%51.6%101.1%31.0%7.7%55.1K1.4M-54.4K0.1310.17N/AN/A3,59646493,72629,106