INVZ Options History — February 2022

In February 2022, INVZ traded between $3.65 and $4.34. ATM implied volatility averaged 121.8%, placing in the 54.3% IV rank vs the trailing year. The 30-day expected move averaged 35.0%. IV traded above realized volatility by 49.3% (HV 20d: 72.5%). Max pain ranged from $2.50 to $5.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 7 of 19 days. Put/call ratio averaged 0.33.

Notable Days

  • 2022-02-16: Highest Volume — 14,569 contracts
  • 2022-02-24: Largest IV spike — 58.0% change
  • 2022-02-28: Highest IV Rank — 77.2%
  • 2022-02-28: Largest Expected Move — 43.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.08$3.65$4.34$4.21$3.98
Max Pain$4.34$2.50$5.00$5.00$2.50
ATM IV121.8%83.4%150.9%132.7%150.9%
Expected Move35.0%23.9%43.3%38.0%43.3%
HV 20d72.5%61.4%81.8%81.8%61.4%
HV 60d71.3%65.0%81.6%81.6%67.0%
IV Rank54.3%24.2%77.2%62.9%77.2%
IV Percentile74.4%35.4%95.1%82.7%95.1%
Term Structure-0.5%-14.8%38.4%-10.4%-9.3%
VWIV124.9%108.3%154.6%124.3%154.6%
Skew 25d-3.9%-130.4%52.1%-19.6%-10.0%
Skew 10d4.6%-166.3%83.9%-12.7%21.0%
Call IV 25d134.4%110.9%278.9%124.1%154.5%
Put IV 25d130.5%95.0%171.8%104.6%144.5%
Bid-Ask Spread %29.209.2959.429.2912.34
Gamma HHI0.360.320.400.340.37
Net GEX43.8K12.2K66.0K51.6K39.7K
Net DEX1.8M378.1K3.2M378.1K619.9K
Net VEX-50.1K-58.4K-39.3K-58.4K-47.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.330.021.251.110.03
Total Volume7,754.57980514,56984012,491
Total OI123,078.737116,413127,560126,003117,593

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-02-01$4.21$5.00132.7%38.0%81.8%62.9%124.3%-19.6%-10.4%51.6K378.1K-58.4K1.119.29N/AN/A39944196,86429,139
2022-02-02$4.16$5.00111.9%32.1%77.5%46.6%123.5%-17.6%5.3%66.0K962.7K-57.0K1.2511.97N/AN/A35744896,89929,174
2022-02-03$4.06$5.00111.9%36.3%77.4%46.6%142.2%-29.7%-2.4%65.6K930.6K-55.5K1.0831.81N/AN/A42846396,94829,191
2022-02-04$4.15$5.00121.8%35.5%77.2%54.3%122.9%52.1%-2.5%40.5K940.7K-54.4K0.2343.50N/AN/A1,68739197,04529,182
2022-02-07$4.09$5.00124.8%35.3%76.7%56.8%120.7%-130.4%0.7%58.9K1.2M-52.1K0.1237.93N/AN/A6,59777898,31029,250
2022-02-08$4.25$5.00126.8%34.3%75.0%58.3%108.3%6.8%-0.2%54.8K1.8M-52.3K0.1228.08N/AN/A6,55879793,47329,470
2022-02-09$4.34$5.00118.3%33.9%75.6%51.6%119.0%3.2%2.5%62.4K1.3M-55.3K0.2511.35N/AN/A5,5691,39593,48629,470
2022-02-10$4.29$5.00120.0%34.4%75.7%53.0%119.1%-11.6%1.1%65.2K1.2M-56.0K0.2333.68N/AN/A5,7591,34793,50030,555
2022-02-11$4.05$5.00123.3%35.3%71.6%55.5%120.8%10.2%-3.9%44.9K2.6M-49.3K0.2410.64N/AN/A5,5921,32793,75130,536
2022-02-14$3.97$5.00125.0%35.8%71.8%56.9%125.7%8.5%-3.4%43.0K2.5M-47.2K0.2442.94N/AN/A5,4681,29093,83830,559
2022-02-15$4.21$5.00121.8%34.9%69.9%54.4%123.4%21.7%-4.2%46.6K2.6M-49.1K0.2646.80N/AN/A5,5481,44393,82930,562
2022-02-16$4.17$5.00120.5%34.6%69.6%53.4%120.5%5.9%-4.9%36.8K3.2M-47.9K0.1115.99N/AN/A13,1161,45393,91830,623
2022-02-17$4.10$5.00114.1%32.7%68.2%48.4%113.5%26.4%12.1%45.8K2.5M-52.7K0.3559.42N/AN/A9,3753,27996,33730,633
2022-02-18$4.09$5.00120.8%34.6%63.9%53.6%123.2%9.6%1.9%45.4K2.3M-51.3K0.2520.91N/AN/A10,2312,53296,44630,396
2022-02-22$3.86$2.50132.3%37.9%67.9%62.6%131.2%3.9%-14.8%17.8K2.0M-43.4K0.1454.00N/AN/A9,2681,29290,99025,423
2022-02-23$3.65$2.5083.4%23.9%70.5%24.2%137.3%-11.3%38.4%12.2K2.6M-39.3K0.1323.47N/AN/A9,5731,22091,10625,425
2022-02-24$3.92$2.50131.8%37.8%74.3%62.2%112.0%5.4%-10.6%18.1K1.9M-41.1K0.0337.06N/AN/A9,49125991,72425,435
2022-02-25$3.95$2.50121.4%34.8%71.5%54.1%130.8%2.4%-4.3%16.7K1.9M-42.5K0.0223.58N/AN/A9,50716892,02225,394
2022-02-28$3.98$2.50150.9%43.3%61.4%77.2%154.6%-10.0%-9.3%39.7K619.9K-47.4K0.0312.34N/AN/A12,17032192,18925,404