INVZ Options History — February 2024

In February 2024, INVZ traded between $1.46 and $1.77. ATM implied volatility averaged 114.5%, placing in the 37.0% IV rank vs the trailing year. The 30-day expected move averaged 32.3%. IV traded above realized volatility by 38.6% (HV 20d: 75.9%). Max pain ranged from $1.50 to $2.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 3 of 20 days. Put/call ratio averaged 0.44.

Notable Days

  • 2024-02-06: Highest Volume — 110,968 contracts
  • 2024-02-26: Largest IV spike — 16.3% change
  • 2024-02-06: Highest IV Rank — 46.0%
  • 2024-02-28: Largest Expected Move — 35.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.63$1.46$1.77$1.69$1.60
Max Pain$1.57$1.50$2.00$2.00$1.50
ATM IV114.5%102.8%127.6%111.4%115.3%
Expected Move32.3%29.0%35.8%31.7%33.1%
HV 20d75.9%62.3%89.2%62.4%89.2%
HV 60d96.7%90.5%102.6%101.4%95.6%
IV Rank37.0%29.1%46.0%34.9%37.6%
IV Percentile80.0%57.1%91.7%81.3%82.9%
Term Structure-9.9%-47.9%5.6%-13.8%-8.5%
VWIV112.7%98.5%128.1%103.9%98.5%
Skew 25d13.4%-10.1%50.6%26.1%46.5%
Skew 10d0.4%-82.8%61.9%-82.8%31.9%
Call IV 25d97.6%69.3%132.2%77.9%69.4%
Put IV 25d111.0%95.3%133.8%104.1%115.9%
Bid-Ask Spread %47.1318.7176.6168.1930.13
Gamma HHI0.570.380.710.390.66
Net GEX176.1K131.8K214.8K161.7K176.2K
Net DEX-3.4M-6.4M-899.1K-3.7M-2.1M
Net VEX-140.3K-161.3K-108.6K-139.2K-134.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.440.004.600.460.01
Total Volume6,898.35117110,968261494
Total OI385,767.6324,549433,927324,549378,289

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-02-01$1.69$2.00111.4%31.7%62.4%34.9%103.9%26.1%-13.8%161.7K-3.7M-139.2K0.4668.19N/AN/A17982204,623119,926
2024-02-02$1.67$2.00116.9%29.0%62.3%38.7%0.0%16.1%2.9%154.4K-3.2M-138.5K0.0976.61N/AN/A10710204,724119,935
2024-02-05$1.54$2.00117.4%32.5%66.0%39.0%110.4%10.0%-47.9%132.1K-3.5M-108.6K0.8725.11N/AN/A692603204,692119,934
2024-02-06$1.60$1.50127.6%32.1%69.1%46.0%111.4%11.2%-7.8%136.7K-3.1M-131.2K0.2369.41N/AN/A90,50920,459205,305119,850
2024-02-07$1.58$1.50114.0%32.7%69.1%36.7%119.7%9.6%-3.6%187.1K-5.0M-153.0K0.0037.78N/AN/A10,7456294,198139,729
2024-02-08$1.63$1.50111.5%32.0%71.0%35.0%116.9%15.4%-14.8%201.9K-5.3M-154.5K0.0155.96N/AN/A1,62911284,745139,716
2024-02-09$1.67$1.50109.8%31.5%72.2%33.8%99.8%13.4%-3.4%187.3K-5.1M-154.5K0.0337.75N/AN/A35610286,017139,725
2024-02-12$1.77$1.50116.6%33.4%68.5%38.5%116.5%41.1%-6.0%214.8K-6.4M-161.3K0.3356.41N/AN/A650212286,420139,720
2024-02-13$1.58$1.50102.8%29.5%78.1%29.1%105.8%-1.1%-13.3%172.5K-2.3M-141.0K0.0520.24N/AN/A23511286,666139,820
2024-02-14$1.67$1.50112.5%32.2%80.6%35.7%110.8%12.6%-20.5%189.1K-3.3M-147.4K0.4760.11N/AN/A14568286,724139,752
2024-02-15$1.69$1.50112.5%32.2%80.7%35.7%107.4%16.0%3.3%195.0K-3.4M-148.1K0.3127.70N/AN/A11836286,755139,724
2024-02-16$1.67$1.50116.6%33.4%80.7%38.5%107.8%18.6%-12.8%191.0K-3.1M-147.0K0.0648.20N/AN/A65741286,795139,735
2024-02-20$1.62$1.50107.1%30.7%78.3%32.0%118.3%-4.9%5.6%178.1K-2.6M-141.1K0.1418.71N/AN/A44562244,926128,463
2024-02-21$1.62$1.50109.4%31.4%77.3%33.5%121.3%-8.7%-10.0%182.1K-3.1M-127.8K0.0071.86N/AN/A3011244,959128,404
2024-02-22$1.63$1.50111.2%31.9%68.7%34.8%116.1%-9.2%-14.2%177.9K-1.8M-136.8K4.6038.51N/AN/A88405245,053128,405
2024-02-23$1.46$1.50105.7%30.3%78.5%31.0%102.6%-1.0%-4.8%131.8K-899.1K-128.3K0.0830.85N/AN/A83670245,077128,810
2024-02-26$1.62$1.50123.0%35.3%87.9%42.9%122.0%-10.1%-1.7%185.2K-3.8M-135.6K0.0953.20N/AN/A1,962183245,814128,791
2024-02-27$1.69$1.50123.7%35.5%88.4%43.3%128.1%15.4%-10.0%195.6K-4.4M-145.2K0.1268.40N/AN/A1,010117247,216128,969
2024-02-28$1.58$1.50124.8%35.8%89.2%44.1%124.1%50.6%-16.5%170.6K-1.5M-132.2K0.8947.52N/AN/A2,3402,082247,920129,026
2024-02-29$1.60$1.50115.3%33.1%89.2%37.6%98.5%46.5%-8.5%176.2K-2.1M-134.6K0.0130.13N/AN/A4913248,627129,662