INVZ Options History — August 2023

In August 2023, INVZ traded between $2.08 and $4.06. ATM implied volatility averaged 103.3%, placing in the 29.4% IV rank vs the trailing year. The 30-day expected move averaged 29.3%. IV traded below realized volatility by 23.7% (HV 20d: 127.0%). Max pain ranged from $2.50 to $4.00. Net GEX was positive for 1 of 23 trading days. Term structure was in contango for 3 of 23 days. Put/call ratio averaged 3.62.

Notable Days

  • 2023-08-10: Highest Volume — 63,234 contracts
  • 2023-08-02: Largest IV drop — 30.7% change
  • 2023-08-01: Highest IV Rank — 65.0%
  • 2023-08-01: Largest Expected Move — 44.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.67$2.08$4.06$4.06$2.29
Max Pain$3.22$2.50$4.00$3.00$2.50
ATM IV103.3%88.1%155.4%155.4%93.5%
Expected Move29.3%25.3%44.5%44.5%26.8%
HV 20d127.0%92.8%149.6%96.7%128.2%
HV 60d99.4%85.8%109.1%87.7%103.0%
IV Rank29.4%19.0%65.0%65.0%22.7%
IV Percentile80.6%48.0%98.8%98.8%66.3%
Term Structure-6.6%-30.5%5.5%-30.5%-0.5%
VWIV103.9%88.5%169.7%169.7%93.6%
Skew 25d5.8%-30.0%39.2%5.2%-30.0%
Skew 10d8.8%-55.0%71.9%18.1%10.3%
Call IV 25d95.8%68.2%169.1%169.1%80.2%
Put IV 25d101.6%50.1%174.3%174.3%50.1%
Bid-Ask Spread %31.4615.2761.8929.6347.30
Gamma HHI0.330.230.590.330.25
Net GEX-138.3K-221.1K20.8K-11.3K-197.4K
Net DEX28.2M-2.8M36.1M-2.8M29.8M
Net VEX-136.8K-259.4K-80.5K-258.1K-129.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.620.0448.661.310.14
Total Volume10,271.82622263,23418,673609
Total OI359,564.217314,162403,605360,229374,552

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-08-01$4.06$3.00155.4%44.5%96.7%65.0%169.7%5.2%-30.5%-11.3K-2.8M-258.1K1.3129.63N/AN/A8,08710,586145,265214,964
2023-08-02$4.05$3.00107.7%30.9%94.3%32.4%123.0%6.9%-10.1%20.8K92.1K-259.4K0.0447.13N/AN/A60,6882,540146,813226,812
2023-08-03$3.90$4.00100.4%26.6%96.2%27.4%95.6%-1.1%-6.3%-131.4K14.5M-240.5K0.1541.77N/AN/A1,370200110,689227,885
2023-08-04$3.71$4.00101.5%26.6%95.9%28.1%93.0%-2.8%-5.0%-130.0K18.0M-226.0K0.1929.91N/AN/A840157111,108228,026
2023-08-07$3.51$4.0097.9%26.8%92.8%25.7%99.6%0.7%-10.0%-121.1K23.4M-204.5K4.7744.41N/AN/A1,9049,080111,672227,969
2023-08-08$3.44$4.0097.7%27.4%92.8%25.6%94.0%1.1%-2.8%-113.3K23.8M-200.7K0.4726.02N/AN/A1,071502111,896227,954
2023-08-09$3.13$4.0091.8%26.3%98.2%21.5%97.4%1.6%-0.9%-81.3K28.8M-173.9K0.4140.46N/AN/A896363112,939228,206
2023-08-10$2.29$4.00105.4%30.2%146.9%30.8%111.1%14.3%-8.5%-103.8K34.1M-99.5K2.2761.89N/AN/A19,36543,869113,561228,001
2023-08-11$2.34$4.0098.9%28.3%146.4%26.4%104.4%-1.8%1.6%-207.8K35.4M-116.5K0.0816.74N/AN/A2,068161130,738269,660
2023-08-14$2.33$4.00103.6%29.7%145.3%29.6%99.9%8.6%-1.8%-206.9K34.9M-116.1K0.9225.37N/AN/A1,081999132,468269,774
2023-08-15$2.21$3.00106.5%30.5%144.4%31.5%101.3%-7.0%-10.3%-221.1K35.5M-102.6K0.5927.36N/AN/A253149133,368270,237
2023-08-16$2.21$3.00108.7%31.2%144.3%33.1%103.4%-0.7%-17.0%-163.8K36.1M-99.7K1.4456.28N/AN/A126181133,539269,328
2023-08-17$2.17$3.00107.7%30.9%144.0%32.4%117.1%-20.8%-0.5%-165.0K35.3M-92.4K0.0727.55N/AN/A1,02968133,569267,804
2023-08-18$2.16$3.00110.0%31.5%143.9%33.9%108.4%30.3%-13.2%-164.9K34.6M-99.8K0.3018.13N/AN/A1,337399134,492267,846
2023-08-21$2.17$3.00105.4%30.2%143.9%30.8%100.6%13.3%-10.3%-169.8K33.0M-92.8K2.8924.71N/AN/A3881,12073,132241,030
2023-08-22$2.08$3.00112.3%32.2%143.8%35.6%104.7%5.6%-15.8%-153.2K33.1M-80.5K1.7719.16N/AN/A32457473,174241,358
2023-08-23$2.26$3.0096.6%27.7%148.5%24.8%94.9%23.3%1.0%-172.0K34.4M-90.3K0.5223.49N/AN/A20,60910,71073,225241,711
2023-08-24$2.10$2.5090.5%25.9%149.6%20.6%90.3%-9.8%-4.1%-144.5K32.0M-93.2K0.3615.27N/AN/A1635993,549252,362
2023-08-25$2.13$2.50104.0%29.8%145.3%29.9%94.7%10.2%5.5%-133.4K33.1M-85.4K0.0619.90N/AN/A3351993,663251,107
2023-08-28$2.21$2.5093.4%26.8%123.0%22.6%95.6%7.8%-7.0%-115.0K33.6M-86.3K13.0619.69N/AN/A77610,13195,148251,110
2023-08-29$2.38$2.5098.3%28.2%128.5%26.0%108.3%39.2%-3.5%-130.3K33.3M-98.6K48.6617.61N/AN/A41620,24495,857257,947
2023-08-30$2.35$2.5088.1%25.3%128.3%19.0%88.5%39.0%-1.2%-164.1K34.9M-100.5K2.9043.94N/AN/A10430296,137278,332
2023-08-31$2.29$2.5093.5%26.8%128.2%22.7%93.6%-30.0%-0.5%-197.4K29.8M-129.0K0.1447.30N/AN/A5337696,204278,348