INVZ Options History — March 2022

In March 2022, INVZ traded between $3.10 and $3.82. ATM implied volatility averaged 135.5%, placing in the 65.1% IV rank vs the trailing year. The 30-day expected move averaged 36.1%. IV traded above realized volatility by 57.6% (HV 20d: 77.9%). Max pain ranged from $2.50 to $5.00. Net GEX was positive for 17 of 23 trading days. Term structure was in contango for 4 of 23 days. Put/call ratio averaged 0.45.

Notable Days

2022-03-08: Highest Volume — 7,602 contracts
2022-03-02: Largest IV drop — 53.0% change
2022-03-01: Highest IV Rank — 91.4%
2022-03-08: Largest Expected Move — 55.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$3.58	$3.10	$3.82	$3.82	$3.63
Max Pain	$3.98	$2.50	$5.00	$2.50	$5.00
ATM IV	135.5%	79.4%	169.0%	169.0%	152.6%
Expected Move	36.1%	22.8%	55.3%	48.5%	36.9%
HV 20d	77.9%	59.7%	86.7%	59.7%	75.8%
HV 60d	72.2%	66.7%	75.7%	67.1%	71.9%
IV Rank	65.1%	21.1%	91.4%	91.4%	78.6%
IV Percentile	80.4%	26.8%	99.6%	99.6%	95.6%
Term Structure	-15.8%	-49.2%	31.7%	-23.2%	-17.1%
VWIV	126.8%	93.5%	168.4%	135.7%	93.5%
Skew 25d	2.1%	-29.4%	30.9%	0.6%	-3.5%
Skew 10d	-3.6%	-38.5%	49.8%	29.9%	-19.1%
Call IV 25d	149.7%	126.1%	176.9%	147.0%	176.9%
Put IV 25d	151.9%	129.3%	184.4%	147.6%	173.3%
Bid-Ask Spread %	29.45	6.91	75.39	10.54	55.18
Gamma HHI	0.38	0.33	0.43	0.38	0.33
Net GEX	9.8K	-7.7K	45.5K	45.5K	12.5K
Net DEX	4.3M	440.4K	6.8M	440.4K	6.6M
Net VEX	-26.6K	-46.9K	-15.0K	-46.9K	-17.4K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.45	0.04	2.32	0.05	0.63
Total Volume	4,306.522	1,107	7,602	5,857	1,481
Total OI	123,149.609	120,748	124,338	122,062	123,647

Daily Data (23 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2022-03-01	$3.82	$2.50	169.0%	48.5%	59.7%	91.4%	135.7%	0.6%	-23.2%	45.5K	440.4K	-46.9K	0.05	10.54	N/A	N/A	5,565	292	96,551	25,511
2022-03-02	$3.55	$2.50	79.4%	22.8%	61.3%	21.1%	139.6%	-11.6%	-18.9%	21.3K	2.3M	-37.4K	0.06	7.65	N/A	N/A	5,644	348	96,489	25,512
2022-03-03	$3.68	$2.50	100.5%	28.8%	63.2%	37.7%	127.1%	-2.3%	-23.3%	26.6K	1.9M	-40.7K	0.07	8.22	N/A	N/A	5,336	393	96,832	25,578
2022-03-04	$3.35	$2.50	84.3%	24.2%	70.3%	25.0%	127.3%	-14.2%	-18.6%	14.3K	2.8M	-33.7K	0.08	12.80	N/A	N/A	5,322	425	96,892	25,613
2022-03-07	$3.27	$2.50	96.7%	27.7%	69.5%	34.7%	105.7%	4.4%	-20.7%	9.6K	6.1M	-15.0K	0.08	10.46	N/A	N/A	5,821	456	96,919	25,645
2022-03-08	$3.59	$2.50	147.2%	55.3%	78.9%	74.3%	168.4%	-1.6%	-28.1%	18.5K	2.4M	-36.8K	0.06	6.91	N/A	N/A	7,196	406	97,387	25,681
2022-03-09	$3.66	$2.50	149.9%	38.1%	77.7%	76.4%	127.6%	-4.3%	-49.2%	12.4K	2.7M	-35.3K	0.06	10.95	N/A	N/A	5,828	334	98,080	25,696
2022-03-10	$3.58	$2.50	148.3%	34.6%	77.1%	75.1%	121.7%	6.8%	-31.5%	11.9K	6.3M	-17.0K	0.06	8.66	N/A	N/A	5,726	341	97,989	25,697
2022-03-11	$3.34	$2.50	138.0%	35.3%	80.0%	67.1%	153.5%	-3.8%	-19.5%	-7.6K	4.0M	-26.7K	0.05	21.14	N/A	N/A	5,585	300	97,993	25,707
2022-03-14	$3.10	$5.00	145.1%	32.6%	81.5%	72.7%	115.3%	-6.2%	-30.0%	-3.5K	3.9M	-24.5K	0.04	46.98	N/A	N/A	5,634	214	98,008	25,735
2022-03-15	$3.25	$5.00	142.2%	34.3%	84.2%	70.4%	119.8%	-29.4%	-36.3%	10.3K	6.0M	-15.3K	0.07	45.28	N/A	N/A	5,708	401	97,995	25,724
2022-03-16	$3.45	$5.00	139.2%	33.7%	84.3%	68.0%	115.4%	22.1%	-34.4%	11.4K	6.3M	-16.4K	0.11	44.43	N/A	N/A	5,419	615	98,083	25,926
2022-03-17	$3.59	$0.00	114.4%	39.3%	86.1%	48.6%	133.1%	13.7%	26.4%	-7.6K	3.5M	-27.4K	0.11	75.39	N/A	N/A	5,502	592	98,201	26,005
2022-03-18	$3.67	$5.00	147.7%	43.3%	86.7%	74.7%	124.3%	1.4%	-14.2%	2.4K	3.1M	-31.8K	0.08	62.17	N/A	N/A	5,520	427	98,328	26,010
2022-03-21	$3.68	$5.00	155.2%	38.1%	86.7%	80.6%	134.9%	-1.1%	-12.4%	-344	3.4M	-29.9K	0.17	31.05	N/A	N/A	2,549	424	94,810	25,938
2022-03-22	$3.80	$5.00	147.0%	37.3%	85.4%	74.2%	125.2%	16.4%	-19.7%	6.2K	3.0M	-31.8K	0.41	34.35	N/A	N/A	785	322	96,645	25,927
2022-03-23	$3.68	$5.00	146.2%	37.1%	83.7%	73.5%	130.2%	-4.5%	-17.4%	-2.2K	3.6M	-29.0K	1.23	30.91	N/A	N/A	629	776	96,898	25,929
2022-03-24	$3.79	$5.00	147.7%	36.3%	80.3%	74.7%	128.5%	-5.9%	-25.3%	-7.7K	4.0M	-29.2K	2.32	31.91	N/A	N/A	408	947	96,990	26,168
2022-03-25	$3.66	$5.00	128.5%	36.1%	81.0%	59.6%	132.7%	30.9%	29.0%	12.3K	6.6M	-17.4K	1.52	31.39	N/A	N/A	516	786	96,999	26,347
2022-03-28	$3.71	$5.00	134.7%	38.4%	81.2%	64.5%	122.2%	21.8%	31.2%	12.6K	6.8M	-17.4K	1.61	18.08	N/A	N/A	487	782	97,129	26,266
2022-03-29	$3.80	$5.00	163.4%	35.3%	80.5%	87.0%	116.5%	-1.7%	-42.5%	13.2K	6.8M	-18.3K	0.52	31.72	N/A	N/A	1,059	553	97,123	26,269
2022-03-30	$3.69	$5.00	138.1%	37.6%	76.6%	67.1%	117.9%	20.8%	31.7%	12.9K	6.7M	-17.8K	0.89	41.20	N/A	N/A	634	562	97,289	26,280
2022-03-31	$3.63	$5.00	152.6%	36.9%	75.8%	78.6%	93.5%	-3.5%	-17.1%	12.5K	6.6M	-17.4K	0.63	55.18	N/A	N/A	911	570	97,391	26,256