INVZ Options History — May 2024

In May 2024, INVZ traded between $1.06 and $1.31. ATM implied volatility averaged 106.5%, placing in the 35.0% IV rank vs the trailing year. The 30-day expected move averaged 27.7%. IV traded above realized volatility by 9.2% (HV 20d: 97.2%). Max pain ranged from $1.00 to $1.50. Net GEX was positive for 5 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 1.34.

Notable Days

  • 2024-05-17: Highest Volume — 256,755 contracts
  • 2024-05-08: Largest IV spike — 60.5% change
  • 2024-05-08: Highest IV Rank — 78.1%
  • 2024-05-28: Largest Expected Move — 36.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.17$1.06$1.31$1.13$1.06
Max Pain$1.39$1.00$1.50$1.00$1.50
ATM IV106.5%65.8%163.3%94.4%95.1%
Expected Move27.7%18.9%36.3%27.1%27.3%
HV 20d97.2%73.2%107.9%73.2%98.6%
HV 60d78.6%72.6%83.5%73.2%78.1%
IV Rank35.0%4.1%78.1%25.9%26.4%
IV Percentile50.6%1.2%98.0%25.8%24.6%
Term Structure3.3%-23.0%46.9%9.7%-7.5%
VWIV117.2%83.4%230.2%100.3%105.9%
Skew 25d8.9%-42.2%49.3%4.0%49.3%
Skew 10d66.4%15.1%242.9%69.5%242.9%
Call IV 25d114.4%79.6%287.0%85.3%104.1%
Put IV 25d123.3%65.1%284.4%89.4%153.4%
Bid-Ask Spread %50.7517.7389.3973.4967.39
Gamma HHI0.340.260.460.260.46
Net GEX-23.7K-62.4K4.6K-8.9K-60.4K
Net DEX4.2M2.6M6.2M3.9M5.7M
Net VEX-71.7K-82.8K-62.6K-63.3K-70.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.340.0010.171.270.05
Total Volume12,262.518256,75550125
Total OI234,085.773189,543303,948189,543289,611

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-05-01$1.13$1.0094.4%27.1%73.2%25.9%100.3%4.0%9.7%-8.9K3.9M-63.3K1.2773.49N/AN/A222888,916100,627
2024-05-02$1.13$1.0065.8%18.9%73.2%4.1%230.2%-15.1%33.4%-7.5K4.0M-62.8K0.0021.76N/AN/A150088,907101,010
2024-05-03$1.21$1.0070.8%20.3%78.6%8.0%0.0%1.0%4.4%-5.1K3.7M-68.5K0.4448.52N/AN/A24810989,014101,009
2024-05-06$1.25$1.50110.6%24.3%79.6%38.1%116.9%-42.2%5.5%-3.8K3.7M-71.9K0.4523.16N/AN/A23610689,285101,117
2024-05-07$1.12$1.50101.8%25.0%87.7%31.4%115.9%9.0%-9.5%-8.8K3.9M-62.6K0.0754.84N/AN/A1,1087789,559101,022
2024-05-08$1.31$1.50163.3%29.7%104.5%78.1%126.3%8.5%18.7%3.1K2.7M-76.4K0.0230.83N/AN/A5,49810390,526101,093
2024-05-09$1.27$1.50108.7%30.1%105.0%36.7%94.1%-2.6%-0.5%1.4K3.0M-74.4K0.0262.46N/AN/A176395,072101,085
2024-05-10$1.17$1.50111.1%28.5%105.2%38.6%109.2%-20.7%-3.3%-2.8K3.7M-66.0K0.0581.24N/AN/A166895,094101,088
2024-05-13$1.21$1.50132.9%24.8%104.3%55.1%107.0%37.1%24.6%-1.4K3.6M-68.6K0.2243.95N/AN/A58312895,386101,083
2024-05-14$1.27$1.50147.5%26.1%102.5%66.1%91.9%10.5%1.5%4.6K2.9M-74.9K0.0023.13N/AN/A535096,000101,197
2024-05-15$1.23$1.5088.0%25.2%103.1%21.0%101.9%-6.3%-3.6%2.5K2.9M-70.9K0.0089.39N/AN/A174096,320101,197
2024-05-16$1.17$1.5095.4%27.4%105.0%26.6%116.6%6.3%-11.6%-1.3K3.4M-66.7K0.0071.94N/AN/A57096,369101,198
2024-05-17$1.25$1.5083.2%23.8%105.9%17.3%99.6%3.8%46.9%4.5K2.6M-70.2K7.2967.65N/AN/A30,990225,76596,399101,199
2024-05-20$1.17$1.00101.3%29.1%106.4%31.1%123.4%41.4%5.7%-44.8K3.3M-73.9K10.1742.59N/AN/A2162,196120,868178,326
2024-05-21$1.15$1.0097.9%28.1%106.8%28.5%113.3%8.4%-3.9%-38.5K4.6M-82.8K6.6347.10N/AN/A24159126,155177,793
2024-05-22$1.13$1.50114.6%32.9%106.5%41.2%142.0%13.1%-23.0%-52.6K5.6M-77.5K0.0417.73N/AN/A2159111,381177,805
2024-05-23$1.08$1.5079.0%22.7%107.9%14.2%83.4%3.2%30.8%-62.3K6.0M-74.7K0.0575.23N/AN/A1959111,406177,797
2024-05-24$1.10$1.50110.3%31.6%95.8%37.9%0.0%48.4%-8.4%-61.9K6.2M-75.2K0.0225.50N/AN/A1743111,552177,798
2024-05-28$1.13$1.50126.5%36.3%96.2%50.2%127.0%25.8%-22.2%-62.4K5.7M-76.1K0.1934.75N/AN/A10320111,693177,799
2024-05-29$1.10$1.50121.1%34.7%96.7%46.1%0.0%-7.0%-5.2%-54.4K5.7M-74.5K2.6045.83N/AN/A513111,773177,785
2024-05-30$1.12$1.50122.7%35.2%96.7%47.3%122.0%20.4%-9.9%-61.2K6.0M-74.2K0.0367.96N/AN/A381111,776177,797
2024-05-31$1.06$1.5095.1%27.3%98.6%26.4%105.9%49.3%-7.5%-60.4K5.7M-70.9K0.0567.39N/AN/A1196111,813177,798