INVZ Options History — March 2024

In March 2024, INVZ traded between $1.29 and $1.63. ATM implied volatility averaged 121.6%, placing in the 43.8% IV rank vs the trailing year. The 30-day expected move averaged 32.8%. IV traded above realized volatility by 48.7% (HV 20d: 72.9%). 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 4 of 20 days. Put/call ratio averaged 2.18.

Notable Days

  • 2024-03-04: Highest Volume — 113,705 contracts
  • 2024-03-11: Largest IV spike — 40.3% change
  • 2024-03-11: Highest IV Rank — 74.0%
  • 2024-03-27: Largest Expected Move — 38.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.40$1.29$1.63$1.63$1.33
Max Pain$1.98$1.50$2.00$1.50$2.00
ATM IV121.6%95.5%168.5%103.6%129.8%
Expected Move32.8%27.4%38.8%29.7%37.2%
HV 20d72.9%47.5%89.5%89.3%47.5%
HV 60d77.0%68.4%95.8%95.7%68.5%
IV Rank43.8%26.7%74.0%29.6%52.7%
IV Percentile79.3%36.1%98.4%54.8%91.3%
Term Structure-7.0%-18.5%9.9%-1.2%-12.4%
VWIV115.4%90.3%135.0%102.4%130.3%
Skew 25d-7.3%-54.3%61.6%36.7%2.3%
Skew 10d12.9%-44.2%123.7%24.5%5.9%
Call IV 25d104.6%68.5%134.9%68.5%92.2%
Put IV 25d97.4%70.1%183.4%105.2%94.5%
Bid-Ask Spread %66.9946.2191.0857.5946.21
Gamma HHI0.360.290.660.660.30
Net GEX62.2K18.0K185.1K185.1K36.9K
Net DEX2.6M-3.2M5.8M-2.6M4.3M
Net VEX-93.6K-135.9K-67.5K-135.9K-84.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.180.0035.6435.642.28
Total Volume8,158.05156113,70525,755548
Total OI300,060.75284,825378,360378,360292,425

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-03-01$1.63$1.50103.6%29.7%89.3%29.6%102.4%36.7%-1.2%185.1K-2.6M-135.9K35.6457.59N/AN/A70325,052248,699129,661
2024-03-04$1.60$2.00120.0%30.5%89.5%40.8%121.6%61.6%-0.1%180.6K-3.2M-130.5K0.0080.39N/AN/A113,68520248,788124,711
2024-03-05$1.54$2.00149.0%33.8%85.7%60.7%123.2%-25.8%-16.0%72.0K1.4M-108.3K0.0177.22N/AN/A9,26154160,100124,725
2024-03-06$1.54$2.00117.9%34.2%84.5%39.4%122.4%-26.2%-14.8%87.6K109.3K-101.5K1.4976.66N/AN/A6891,029165,289124,700
2024-03-07$1.52$2.00126.0%29.6%84.5%44.9%135.0%-54.3%-12.5%78.1K1.1M-108.2K0.2078.87N/AN/A588120165,260125,627
2024-03-08$1.46$2.00120.0%32.5%84.6%40.8%115.4%-5.4%-12.9%66.5K2.4M-102.5K0.1974.50N/AN/A1,259242165,272125,642
2024-03-11$1.40$2.00168.5%32.1%84.8%74.0%112.7%-28.2%-13.3%51.3K3.8M-96.0K0.9675.73N/AN/A1,6161,554165,251125,873
2024-03-12$1.38$2.00136.5%34.5%81.0%52.1%106.2%-34.4%-18.5%57.8K2.7M-90.5K0.1173.59N/AN/A41645166,849127,390
2024-03-13$1.38$2.00114.2%32.7%71.7%36.8%116.9%-41.7%-11.9%45.0K3.9M-94.5K0.8984.15N/AN/A179160167,015127,384
2024-03-14$1.29$2.00114.9%33.0%70.8%37.4%115.1%8.6%0.0%33.9K4.5M-87.3K0.5591.08N/AN/A194106167,138127,486
2024-03-15$1.31$2.00116.1%33.3%71.0%38.1%90.3%-23.5%3.0%40.8K3.6M-79.3K0.1375.52N/AN/A802103167,193127,539
2024-03-18$1.31$2.00121.4%34.8%71.1%46.3%121.0%8.7%-9.2%34.9K4.7M-85.8K0.2060.43N/AN/A676132164,389127,194
2024-03-19$1.31$2.0095.5%27.4%70.9%26.7%96.1%-0.5%9.9%18.0K5.8M-81.4K0.0949.82N/AN/A29025164,520126,178
2024-03-20$1.37$2.00100.4%28.8%73.5%30.4%98.5%9.8%3.7%46.6K313.5K-67.5K0.1065.84N/AN/A24824164,574126,118
2024-03-21$1.42$2.00114.3%32.8%75.0%40.9%127.1%-29.0%-10.1%58.7K3.2M-90.2K0.0460.01N/AN/A1,15445164,665126,135
2024-03-22$1.33$2.00104.5%29.9%68.3%33.5%104.8%-7.7%6.8%33.5K4.2M-79.1K0.0054.18N/AN/A1,4902164,666126,137
2024-03-25$1.31$2.00120.7%34.6%54.9%45.8%118.9%6.2%-5.8%36.5K4.5M-83.3K0.0555.04N/AN/A1488165,978126,135
2024-03-26$1.33$2.00124.3%35.6%52.2%48.5%124.8%2.1%-9.8%36.3K4.7M-85.2K0.5850.06N/AN/A174101166,055126,139
2024-03-27$1.33$2.00135.3%38.8%48.1%56.9%125.9%-4.6%-8.7%43.4K3.5M-79.3K0.0052.95N/AN/A2181166,086126,229
2024-03-28$1.33$2.00129.8%37.2%47.5%52.7%130.3%2.3%-12.4%36.9K4.3M-84.7K2.2846.21N/AN/A167381166,034126,391