INVZ Options History — July 2023

In July 2023, INVZ traded between $2.81 and $4.13. ATM implied volatility averaged 105.9%, placing in the 31.2% IV rank vs the trailing year. The 30-day expected move averaged 31.1%. IV traded above realized volatility by 31.3% (HV 20d: 74.6%). Max pain ranged from $2.50 to $3.00. Net GEX was positive for 16 of 20 trading days. Term structure was in contango for 2 of 20 days. Put/call ratio averaged 0.22.

Notable Days

  • 2023-07-12: Highest Volume — 44,611 contracts
  • 2023-07-05: Largest IV spike — 189.2% change
  • 2023-07-05: Highest IV Rank — 78.1%
  • 2023-07-05: Largest Expected Move — 50.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.28$2.81$4.13$2.94$4.13
Max Pain$2.92$2.50$3.00$3.00$3.00
ATM IV105.9%60.3%174.5%60.3%166.9%
Expected Move31.1%17.3%50.0%17.3%47.8%
HV 20d74.6%64.3%96.2%73.8%96.2%
HV 60d81.3%78.5%88.0%78.5%88.0%
IV Rank31.2%0.0%78.1%0.0%72.9%
IV Percentile73.5%0.4%99.6%0.4%99.2%
Term Structure-16.5%-36.7%25.9%25.9%-36.7%
VWIV106.2%65.5%171.6%65.5%171.6%
Skew 25d-2.8%-38.2%28.5%-25.1%-14.8%
Skew 10d18.2%-43.2%112.8%-41.2%-37.4%
Call IV 25d105.7%56.6%176.7%80.4%176.7%
Put IV 25d102.9%55.4%161.8%55.4%161.8%
Bid-Ask Spread %43.7121.6468.5446.9127.40
Gamma HHI0.350.300.440.420.36
Net GEX20.5K-120.9K193.1K66.6K-67.4K
Net DEX18.3M-332.8K27.2M27.2M-332.8K
Net VEX-198.4K-251.6K-157.0K-164.6K-251.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.220.001.270.460.06
Total Volume5,311.857944,6117929,040
Total OI345,475.6321,713371,061321,713345,101

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-07-03$2.94$3.0060.3%17.3%73.8%0.0%65.5%-25.1%25.9%66.6K27.2M-164.6K0.4646.91N/AN/A5425108,193213,520
2023-07-05$2.81$3.00174.5%50.0%71.0%78.1%97.1%28.5%11.3%9.2K27.1M-157.0K0.0754.29N/AN/A19614108,249213,515
2023-07-06$2.90$2.5075.7%24.0%70.3%10.5%87.4%0.1%-9.5%47.3K26.6M-164.4K0.0065.66N/AN/A4710108,342213,528
2023-07-07$3.13$2.5070.8%24.9%75.1%7.2%86.2%8.8%-14.4%77.5K21.6M-187.4K0.1527.42N/AN/A42063108,517213,541
2023-07-10$3.44$2.5080.9%28.7%81.4%14.1%98.5%6.7%-18.7%-57.8K18.1M-202.5K0.0152.65N/AN/A8,20982108,661213,586
2023-07-11$3.37$3.0085.3%27.6%81.4%17.0%100.9%17.5%-18.4%-49.7K17.3M-204.5K0.6760.96N/AN/A4,0042,690111,986213,632
2023-07-12$3.46$3.0096.6%27.7%81.5%24.8%104.6%8.9%-16.9%-120.9K14.8M-220.2K0.0053.10N/AN/A44,479132111,957216,283
2023-07-13$3.37$3.0099.0%28.4%81.5%26.5%107.1%-16.0%-24.3%112.5K13.7M-218.7K0.0556.33N/AN/A2,819148149,236216,411
2023-07-14$3.15$3.00100.8%28.9%84.1%27.7%96.0%-38.2%-19.7%193.1K19.6M-196.7K0.0356.68N/AN/A3,768131150,605216,534
2023-07-17$3.26$3.00111.4%31.9%83.9%34.9%110.2%-1.1%-29.1%73.8K16.4M-203.5K0.3322.14N/AN/A740243153,098216,576
2023-07-18$3.38$3.00103.2%29.6%82.6%29.3%109.0%3.7%-13.9%30.0K13.6M-216.0K0.0133.63N/AN/A1,52410153,664216,825
2023-07-19$3.40$3.00111.2%31.9%66.3%34.8%109.5%2.8%-27.6%4.9K11.7M-214.6K0.6738.65N/AN/A183122154,120216,834
2023-07-20$3.24$3.00107.7%30.9%65.8%32.4%108.9%1.6%0.0%20.6K14.5M-209.9K0.0342.66N/AN/A88027154,102216,959
2023-07-21$3.23$3.00109.1%31.3%65.9%33.4%109.5%-10.2%-18.0%6.6K15.8M-201.9K0.2621.64N/AN/A540139154,054216,984
2023-07-24$3.25$3.00106.7%30.6%65.0%31.7%109.4%-2.7%-13.4%22.3K20.4M-191.7K0.0446.86N/AN/A71227130,182212,555
2023-07-25$3.27$3.00109.3%31.3%64.5%33.5%109.8%-2.7%-20.3%4.5K22.4M-185.4K0.0636.03N/AN/A72344130,013212,582
2023-07-26$3.26$3.00115.4%33.1%64.3%37.7%106.7%-8.8%-22.3%15.3K22.6M-189.0K0.1868.54N/AN/A20136130,235212,616
2023-07-27$3.13$3.00111.7%32.0%66.8%35.1%119.3%-8.9%-12.0%14.7K22.7M-186.9K0.1036.79N/AN/A1,354140130,361212,645
2023-07-28$3.40$3.00121.2%34.8%70.5%41.7%116.9%-7.0%-34.7%6.2K19.3M-201.6K1.2725.80N/AN/A8151,032130,937212,773
2023-07-31$4.13$3.00166.9%47.8%96.2%72.9%171.6%-14.8%-36.7%-67.4K-332.8K-251.6K0.0627.40N/AN/A27,3821,658131,268213,833