INVZ Options History — September 2024

In September 2024, INVZ traded between $0.53 and $0.80. ATM implied volatility averaged 115.3%, placing in the 18.8% IV rank vs the trailing year. The 30-day expected move averaged 32.8%. IV traded above realized volatility by 25.4% (HV 20d: 89.9%). Max pain ranged from $1.00 to $1.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 0.15.

Notable Days

  • 2024-09-11: Highest Volume — 77,307 contracts
  • 2024-09-04: Largest IV spike — 31.9% change
  • 2024-09-09: Highest IV Rank — 38.5%
  • 2024-09-11: Largest Expected Move — 42.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$0.68$0.53$0.80$0.61$0.80
Max Pain$1.00$1.00$1.00$1.00$1.00
ATM IV115.3%79.7%169.6%94.2%79.7%
Expected Move32.8%22.9%42.4%27.0%22.9%
HV 20d89.9%52.9%110.4%53.9%105.8%
HV 60d73.4%59.5%81.2%60.1%81.1%
IV Rank18.8%5.9%38.5%11.2%5.9%
IV Percentile54.3%5.2%96.4%17.9%5.2%
Term Structure1.8%-42.2%48.2%2.0%44.1%
VWIV122.7%94.4%194.4%94.4%155.8%
Skew 25d3.9%-164.8%124.3%13.9%31.7%
Skew 10d2.1%-201.1%175.9%15.6%49.8%
Call IV 25d122.1%80.9%315.8%84.6%94.0%
Put IV 25d126.0%92.6%241.3%98.5%125.7%
Bid-Ask Spread %44.8316.4181.1620.8116.41
Gamma HHI0.390.230.650.270.26
Net GEX15.1K56342.0K5802.3K
Net DEX1.4M-414.9K2.2M1.7M2.2M
Net VEX-15.9K-25.0K-10.0K-12.9K-16.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.150.001.000.380.05
Total Volume4,428.25277,30718138
Total OI158,592.75122,219179,744122,454178,407

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-09-03$0.61$1.0094.2%27.0%53.9%11.2%94.4%13.9%2.0%5801.7M-12.9K0.3820.81N/AN/A13573,80748,647
2024-09-04$0.59$1.00124.3%35.6%52.9%22.1%0.0%-164.8%-9.3%8732.0M-10.0K0.5017.50N/AN/A4273,81548,651
2024-09-05$0.56$1.00114.2%39.2%53.8%18.4%136.6%36.6%-15.3%5631.6M-11.6K0.0041.27N/AN/A1,203273,82148,398
2024-09-06$0.53$1.00144.6%36.3%55.0%29.4%125.4%17.3%1.2%8571.5M-10.7K0.0449.24N/AN/A68375,09848,399
2024-09-09$0.56$1.00169.6%41.3%60.3%38.5%142.7%34.5%-31.7%1.0K1.6M-11.9K0.0061.11N/AN/A915175,16348,398
2024-09-10$0.54$1.00125.0%37.6%60.8%22.3%136.5%22.9%-4.0%1.5K1.5M-11.7K0.0367.07N/AN/A246775,70048,399
2024-09-11$0.56$1.00148.0%42.4%61.7%30.7%0.0%20.1%-28.5%9201.7M-10.7K0.0061.11N/AN/A77,307075,83148,406
2024-09-12$0.68$1.00110.4%31.7%96.0%17.0%109.9%38.7%24.0%28.8K779.3K-19.4K0.0163.43N/AN/A1,34616126,34748,406
2024-09-13$0.78$1.00142.1%40.7%108.1%28.5%142.0%-22.4%-24.7%39.7K-414.9K-25.0K0.3140.12N/AN/A1,354417127,20348,412
2024-09-16$0.75$1.0097.9%28.1%109.2%12.5%98.6%-2.9%19.3%42.0K954.0K-21.0K0.0138.27N/AN/A9945127,99848,307
2024-09-17$0.71$1.00110.9%31.8%109.1%17.2%109.9%-19.7%-8.0%35.0K772.6K-20.0K0.0243.35N/AN/A3929128,76848,307
2024-09-18$0.74$1.00104.3%29.9%109.9%14.8%104.4%-4.3%-33.3%38.6K1.1M-18.2K0.0044.30N/AN/A3,14914129,13848,306
2024-09-19$0.74$1.00106.1%30.4%109.5%15.5%111.0%-48.6%32.3%34.5K-210.7K-22.4K0.0147.36N/AN/A1461131,36148,306
2024-09-20$0.73$1.00111.0%31.8%108.4%17.3%100.0%18.9%10.9%38.1K1.1M-18.8K0.2043.09N/AN/A459131,45448,290
2024-09-23$0.70$1.00101.9%29.2%109.6%14.0%98.2%8.9%1.4%28.6K1.6M-15.3K0.2040.81N/AN/A51129,79248,194
2024-09-24$0.73$1.00119.9%34.4%110.4%20.5%129.4%-39.9%-42.2%1.8K2.0M-15.3K0.0041.23N/AN/A320129,79748,194
2024-09-25$0.72$1.0098.7%28.3%109.2%12.8%105.4%-33.9%7.1%1.6K2.0M-14.8K1.0041.13N/AN/A11129,90148,194
2024-09-26$0.77$1.00114.3%32.8%108.4%18.5%114.9%46.4%48.2%2.5K2.1M-15.8K0.0137.86N/AN/A4283129,90248,199
2024-09-27$0.78$1.0089.4%25.6%106.6%9.4%194.4%124.3%42.5%1.3K2.0M-15.7K0.1981.16N/AN/A23746129,94048,199
2024-09-30$0.80$1.0079.7%22.9%105.8%5.9%155.8%31.7%44.1%2.3K2.2M-16.9K0.0516.41N/AN/A1317130,16448,243