INVZ Options History — January 2025

In January 2025, INVZ traded between $1.44 and $2.21. ATM implied volatility averaged 174.7%, placing in the 40.3% IV rank vs the trailing year. The 30-day expected move averaged 47.8%. IV traded above realized volatility by 16.8% (HV 20d: 157.9%). Max pain ranged from $1.00 to $2.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 14 of 20 days. Put/call ratio averaged 0.15.

Notable Days

  • 2025-01-08: Highest Volume — 73,545 contracts
  • 2025-01-14: Largest IV spike — 37.0% change
  • 2025-01-14: Highest IV Rank — 70.0%
  • 2025-01-07: Largest Expected Move — 53.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.74$1.44$2.21$1.77$1.56
Max Pain$1.80$1.00$2.00$1.00$2.00
ATM IV174.7%151.9%256.6%151.9%153.8%
Expected Move47.8%43.5%53.9%43.5%44.1%
HV 20d157.9%141.9%179.2%151.1%141.9%
HV 60d137.6%124.5%144.1%124.5%143.3%
IV Rank40.3%32.1%70.0%32.1%32.8%
IV Percentile86.6%78.2%98.8%84.9%78.2%
Term Structure4.1%-28.2%36.0%3.5%14.7%
VWIV170.2%152.4%188.7%156.0%168.3%
Skew 25d-17.0%-55.6%30.3%-24.1%12.3%
Skew 10d-16.6%-91.7%30.1%20.8%28.8%
Call IV 25d171.5%131.9%198.7%179.1%131.9%
Put IV 25d154.5%135.4%184.1%155.0%144.2%
Bid-Ask Spread %22.2416.3140.2239.4322.10
Gamma HHI0.620.430.830.460.43
Net GEX119.6K80.5K146.2K118.6K145.7K
Net DEX-10.5M-15.9M-5.8M-8.3M-10.7M
Net VEX-64.3K-74.4K-49.7K-50.6K-70.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.150.001.481.480.05
Total Volume18,434.21,64673,5457,1984,533
Total OI228,279.55176,529280,589176,529259,881

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-01-02$1.77$1.00151.9%43.5%151.1%32.1%156.0%-24.1%3.5%118.6K-8.3M-50.6K1.4839.43N/AN/A2,9034,295138,59637,933
2025-01-03$1.73$1.50165.4%47.4%149.4%37.0%158.8%30.3%-12.4%106.4K-7.2M-49.7K0.1234.97N/AN/A2,065255138,18441,975
2025-01-06$1.96$1.50154.5%44.1%149.6%33.0%152.4%1.5%-15.6%135.5K-10.4M-54.3K0.0240.22N/AN/A6,839112138,55142,169
2025-01-07$2.21$1.50190.3%53.9%150.3%46.0%188.7%-12.3%-28.2%141.2K-15.9M-58.9K0.1216.47N/AN/A44,5315,385138,47842,104
2025-01-08$1.90$1.50204.9%51.5%166.7%51.3%185.9%-32.5%-14.0%126.3K-11.0M-56.5K0.0716.31N/AN/A68,5514,994154,67446,813
2025-01-10$1.75$1.50190.0%47.6%171.8%45.9%178.9%16.0%0.0%134.2K-11.4M-67.5K0.0122.70N/AN/A55,894714201,16750,750
2025-01-13$1.62$1.50187.2%47.9%177.1%44.9%166.3%-29.6%3.6%110.9K-8.3M-61.0K0.1518.35N/AN/A8,3031,280209,44251,056
2025-01-14$1.44$2.00256.6%48.1%172.9%70.0%167.0%-0.9%19.4%80.5K-5.8M-53.8K0.0818.92N/AN/A21,4791,651210,82552,244
2025-01-15$1.69$2.00184.0%52.7%179.2%43.7%178.4%-29.9%8.6%92.1K-10.1M-64.9K0.0423.61N/AN/A15,953620218,86553,401
2025-01-16$1.75$2.00175.4%50.3%164.2%40.6%172.5%-13.0%11.4%102.9K-10.6M-67.6K0.1826.02N/AN/A3,089570226,58453,802
2025-01-17$1.62$2.00161.8%46.4%167.4%35.7%169.8%-33.7%-10.4%92.9K-9.4M-63.3K0.0416.79N/AN/A9,575346226,87053,719
2025-01-21$1.85$2.00167.4%48.0%167.1%37.7%164.7%-27.6%22.0%121.9K-12.4M-71.1K0.0616.85N/AN/A11,229660160,63941,890
2025-01-22$1.90$2.00169.4%48.6%165.4%38.4%171.5%-4.2%17.2%128.7K-13.0M-72.3K0.0416.40N/AN/A23,014855158,70642,317
2025-01-23$1.81$2.00173.7%49.8%162.9%40.0%160.9%-6.0%1.1%128.1K-12.3M-74.3K0.0718.68N/AN/A5,664408167,79342,866
2025-01-24$1.79$2.00171.8%49.2%143.4%39.3%181.2%-29.5%12.7%124.9K-12.7M-74.4K0.0517.52N/AN/A6,553336170,45443,113
2025-01-27$1.63$2.00158.1%45.3%145.8%34.3%174.4%-41.0%4.3%108.4K-9.7M-67.7K0.2225.09N/AN/A4,4711,003172,89543,124
2025-01-28$1.67$2.00159.0%45.6%142.8%34.7%172.0%-19.9%11.8%111.3K-9.7M-67.5K0.0017.07N/AN/A43,141115173,52343,732
2025-01-29$1.56$2.00163.6%46.9%144.5%36.3%168.8%-39.5%-3.5%146.2K-11.1M-71.1K0.1120.52N/AN/A1,482164213,89243,747
2025-01-30$1.50$2.00154.3%44.2%144.1%33.0%167.9%-55.6%36.0%135.5K-10.3M-68.9K0.0416.72N/AN/A5,438214214,96543,852
2025-01-31$1.56$2.00153.8%44.1%141.9%32.8%168.3%12.3%14.7%145.7K-10.7M-70.0K0.0522.10N/AN/A4,312221215,87044,011