INVZ Options History — May 2022

In May 2022, INVZ traded between $3.43 and $5.08. ATM implied volatility averaged 128.0%, placing in the 54.4% IV rank vs the trailing year. The 30-day expected move averaged 35.3%. IV traded above realized volatility by 4.1% (HV 20d: 123.8%). Max pain ranged from $2.50 to $5.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 9.49.

Notable Days

  • 2022-05-03: Highest Volume — 62,658 contracts
  • 2022-05-11: Largest IV drop — 17.6% change
  • 2022-05-09: Highest IV Rank — 83.7%
  • 2022-05-02: Largest Expected Move — 44.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.17$3.43$5.08$4.30$4.90
Max Pain$4.64$2.50$5.00$2.50$5.00
ATM IV128.0%98.3%168.8%154.1%108.1%
Expected Move35.3%28.2%44.2%44.2%31.0%
HV 20d123.8%88.2%143.9%90.4%137.5%
HV 60d93.9%76.4%103.1%76.4%100.9%
IV Rank54.4%32.9%83.7%73.1%40.0%
IV Percentile64.0%29.4%98.4%94.4%37.7%
Term Structure-5.1%-25.3%9.2%-25.3%-3.7%
VWIV123.5%98.3%154.4%154.4%108.2%
Skew 25d4.0%-16.9%21.0%-16.9%21.0%
Skew 10d2.3%-41.9%40.4%4.7%26.1%
Call IV 25d121.3%99.5%135.3%133.4%106.8%
Put IV 25d125.3%113.8%135.1%116.6%127.8%
Bid-Ask Spread %26.2613.2456.7614.3717.26
Gamma HHI0.740.320.880.350.75
Net GEX189.9K21.3K302.1K34.8K297.1K
Net DEX-7.0M-23.0M4.4M-2.8M-5.2M
Net VEX-84.1K-180.0K-23.8K-23.8K-180.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio9.490.0197.970.120.18
Total Volume10,671.66770262,6583,9513,855
Total OI107,635.95222,901174,04222,901174,042

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-05-02$4.30$2.50154.1%44.2%90.4%73.1%154.4%-16.9%-25.3%34.8K-2.8M-23.8K0.1214.37N/AN/A3,53341819,2003,701
2022-05-03$4.63$2.50140.2%40.2%88.2%63.1%141.6%1.0%-12.8%48.1K-3.7M-26.7K0.0113.24N/AN/A62,30735121,1063,774
2022-05-04$5.08$2.50130.6%37.5%91.8%56.3%132.9%3.6%-7.9%302.1K-23.0M-75.3K0.5429.29N/AN/A4,3352,35881,9623,825
2022-05-05$4.35$5.00150.5%36.4%106.0%70.5%129.6%7.5%-7.1%253.7K-15.5M-66.4K1.1253.00N/AN/A2,3802,65883,6975,087
2022-05-06$4.18$5.00151.3%37.1%107.0%71.2%136.4%-3.9%-4.5%245.1K-14.2M-63.6K0.1938.63N/AN/A3,43266683,6314,727
2022-05-09$4.01$5.00168.8%38.8%104.2%83.7%138.5%-3.4%-8.7%217.4K-12.8M-59.3K0.4135.60N/AN/A1,84174985,2124,880
2022-05-10$4.04$5.00162.0%39.7%104.1%78.9%143.2%3.8%-10.4%221.1K-13.1M-59.8K0.3542.93N/AN/A2,28178885,3815,038
2022-05-11$3.45$5.00133.5%38.3%119.9%58.3%137.1%-8.7%-0.8%174.5K-8.1M-47.5K0.8439.14N/AN/A1,18099686,0714,975
2022-05-12$3.43$5.00146.8%42.1%119.0%67.9%129.3%-8.8%-11.6%164.5K-8.0M-46.4K0.8724.79N/AN/A45339585,9005,543
2022-05-13$4.01$5.00126.4%36.2%130.9%53.2%127.6%12.8%-6.3%235.1K-11.5M-55.9K0.1018.74N/AN/A3,74836785,9145,549
2022-05-16$3.69$5.00133.3%38.2%133.6%58.2%127.7%5.1%-24.6%201.9K-8.9M-45.6K0.9018.28N/AN/A43038985,3555,544
2022-05-17$4.32$5.00120.6%34.6%143.7%49.1%123.2%8.1%-4.3%281.1K-13.5M-58.2K23.9221.47N/AN/A1,08225,88085,4095,551
2022-05-18$4.26$5.00118.2%33.9%143.9%47.3%117.6%4.9%-0.3%233.5K-8.3M-91.3K97.9714.98N/AN/A26125,57185,56430,649
2022-05-19$4.26$5.00114.5%32.8%141.9%44.7%114.8%6.7%-0.1%203.4K-4.7M-124.3K60.1315.51N/AN/A50930,60885,59355,645
2022-05-20$4.07$5.00116.2%33.3%140.3%45.9%115.1%7.0%-2.5%160.7K-795.7K-121.5K2.2725.16N/AN/A29166185,61260,692
2022-05-23$4.01$5.00101.2%29.0%139.9%35.0%102.7%5.6%7.8%27.3K3.9M-106.5K0.6217.85N/AN/A88854780,05359,620
2022-05-24$3.82$5.00113.8%32.6%141.6%44.2%112.2%2.2%-3.1%21.3K4.4M-100.9K2.7916.00N/AN/A18551781,00759,632
2022-05-25$4.03$5.0098.8%28.3%139.8%33.3%101.1%5.5%3.6%188.3K725.7K-117.1K1.5319.94N/AN/A31347981,06359,641
2022-05-26$4.26$5.00100.3%28.8%138.4%34.4%100.7%10.7%5.7%233.9K-1.9M-124.0K3.8018.43N/AN/A7,22727,49681,10259,642
2022-05-27$4.54$5.0098.3%28.2%138.5%32.9%98.3%19.9%9.2%242.9K-97.1K-171.5K0.6256.76N/AN/A1,03864287,11686,650
2022-05-31$4.90$5.00108.1%31.0%137.5%40.0%108.2%21.0%-3.7%297.1K-5.2M-180.0K0.1817.26N/AN/A3,26359287,34086,702