INVZ Options History — November 2023

In November 2023, INVZ traded between $1.44 and $2.16. ATM implied volatility averaged 110.7%, placing in the 34.5% IV rank vs the trailing year. The 30-day expected move averaged 30.0%. IV traded above realized volatility by 11.3% (HV 20d: 99.4%). Max pain ranged from $1.50 to $1.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 7.73.

Notable Days

  • 2023-11-08: Highest Volume — 63,988 contracts
  • 2023-11-30: Largest IV drop — 39.7% change
  • 2023-11-07: Highest IV Rank — 63.1%
  • 2023-11-01: Largest Expected Move — 37.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.84$1.44$2.16$1.44$1.71
Max Pain$1.50$1.50$1.50$1.50$1.50
ATM IV110.7%69.2%152.6%130.9%69.2%
Expected Move30.0%19.8%37.5%37.5%19.8%
HV 20d99.4%81.6%117.1%81.6%110.9%
HV 60d81.8%71.3%94.7%93.7%86.4%
IV Rank34.5%6.0%63.1%48.3%6.0%
IV Percentile76.8%3.2%98.0%96.8%3.2%
Term Structure-6.1%-28.5%15.6%-18.2%15.6%
VWIV109.3%95.4%138.5%124.8%113.6%
Skew 25d-9.5%-69.7%46.8%-3.6%-69.7%
Skew 10d3.9%-58.2%72.2%-9.9%-13.5%
Call IV 25d99.6%63.3%132.6%114.9%119.8%
Put IV 25d90.2%50.1%111.3%111.3%50.1%
Bid-Ask Spread %34.6316.7557.3316.7528.29
Gamma HHI0.560.350.720.430.59
Net GEX136.8K15.9K301.8K50.3K118.5K
Net DEX369.6K-8.4M5.4M5.2M3.2M
Net VEX-52.7K-72.7K-27.0K-27.0K-61.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio7.730.01119.82119.820.16
Total Volume7,341.0952963,98820,29729
Total OI207,787.524166,598236,272166,621236,272

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-11-01$1.44$1.50130.9%37.5%81.6%48.3%124.8%-3.6%-18.2%50.3K5.2M-27.0K119.8216.75N/AN/A16820,12998,43968,182
2023-11-02$1.58$1.50148.4%34.2%88.6%60.3%115.1%3.9%-25.3%61.0K4.7M-30.6K0.0434.39N/AN/A3271298,28968,309
2023-11-03$1.62$1.50148.4%33.8%88.7%60.2%113.6%10.5%-9.0%61.4K4.3M-33.6K1.1525.28N/AN/A20623798,28868,315
2023-11-06$1.67$1.50146.9%33.4%89.1%59.2%106.4%22.3%-8.9%15.9K5.4M-30.6K0.2844.96N/AN/A44712498,26068,550
2023-11-07$1.67$1.50152.6%32.1%85.3%63.1%108.0%22.4%5.8%67.9K4.2M-34.2K0.0947.78N/AN/A8387698,04068,659
2023-11-08$1.83$1.5095.4%27.4%88.1%24.0%97.1%46.8%-2.8%73.6K3.4M-37.8K0.1934.98N/AN/A53,76610,22298,65468,675
2023-11-09$1.73$1.50105.6%30.3%87.0%30.9%95.7%-10.4%-10.9%181.1K334.6K-52.6K0.1744.75N/AN/A1,156196149,21273,601
2023-11-10$1.85$1.5096.3%27.6%89.4%24.6%95.4%22.7%0.3%229.3K-891.0K-57.1K1.2129.16N/AN/A272330149,36073,703
2023-11-13$1.94$1.5096.8%27.7%88.9%24.9%97.1%8.2%3.3%251.3K-3.4M-61.5K0.0347.27N/AN/A4,188117149,61174,009
2023-11-14$2.15$1.50106.2%30.4%94.3%31.4%101.9%23.8%-18.6%263.2K-7.3M-63.2K0.0141.84N/AN/A21,463160151,21874,066
2023-11-15$2.08$1.5094.8%27.2%89.9%23.6%103.5%-9.2%-3.0%301.8K-6.2M-62.1K0.1339.15N/AN/A1,276165151,90174,196
2023-11-16$1.85$1.5095.4%27.3%97.3%24.0%116.7%-3.5%1.9%130.1K-178.2K-54.1K0.0327.05N/AN/A1,58648152,31774,206
2023-11-17$2.16$1.5094.8%27.2%109.2%23.6%97.3%-4.9%-5.5%136.2K-8.4M-61.3K0.0757.33N/AN/A1,24784153,64774,170
2023-11-20$2.05$1.50106.6%30.6%111.3%31.7%105.6%-11.8%-2.0%132.5K-2.0M-58.1K2.4133.53N/AN/A138332129,92073,810
2023-11-21$1.92$1.5099.3%28.5%114.7%26.7%110.2%-31.5%5.9%135.4K-1.0M-56.0K0.0828.45N/AN/A54243129,98874,085
2023-11-22$1.88$1.50108.2%31.0%115.3%32.7%109.7%-50.7%-10.4%139.0K-105.5K-52.8K21.9424.93N/AN/A1,36930,041130,49774,104
2023-11-24$1.98$1.5098.4%28.2%115.0%26.0%121.3%-50.9%4.4%132.2K-41.8K-72.7K14.1433.38N/AN/A22311129,862104,070
2023-11-27$1.90$1.50105.7%30.3%115.3%31.0%138.5%-59.7%-2.6%126.4K1.1M-69.7K0.2127.39N/AN/A492104129,877104,282
2023-11-28$1.81$1.50111.2%31.9%117.1%34.8%111.2%-31.0%-28.5%137.1K3.0M-63.1K0.0731.05N/AN/A1,674110130,336104,337
2023-11-29$1.79$1.50114.6%32.9%110.6%37.1%113.7%-22.1%-19.7%129.2K2.5M-65.8K0.1229.49N/AN/A10412131,878104,343
2023-11-30$1.71$1.5069.2%19.8%110.9%6.0%113.6%-69.7%15.6%118.5K3.2M-61.8K0.1628.29N/AN/A254131,946104,326