INVZ Options History — May 2025

In May 2025, INVZ traded between $0.71 and $1.00. ATM implied volatility averaged 150.6%, placing in the 31.6% IV rank vs the trailing year. The 30-day expected move averaged 41.3%. IV traded above realized volatility by 60.6% (HV 20d: 90.0%). Max pain ranged from $0.50 to $1.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.21.

Notable Days

  • 2025-05-13: Highest Volume — 5,107 contracts
  • 2025-05-13: Largest IV spike — 113.4% change
  • 2025-05-08: Highest IV Rank — 66.1%
  • 2025-05-05: Largest Expected Move — 52.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$0.87$0.71$1.00$0.71$0.91
Max Pain$0.83$0.50$1.00$1.00$1.00
ATM IV150.6%106.7%245.7%127.4%130.3%
Expected Move41.3%30.6%52.1%36.5%37.4%
HV 20d90.0%83.1%95.5%92.9%86.3%
HV 60d89.5%80.9%111.5%110.6%81.6%
IV Rank31.6%15.7%66.1%23.2%24.3%
IV Percentile61.2%28.2%97.6%52.4%48.8%
Term Structure-0.9%-62.0%57.9%-19.8%10.3%
VWIV144.2%116.5%190.7%120.0%130.3%
Skew 25d10.3%-62.7%46.6%-49.7%-23.9%
Skew 10d25.1%-2.2%41.5%16.8%37.9%
Call IV 25d117.1%85.5%170.5%170.3%161.7%
Put IV 25d127.4%107.8%137.8%120.6%137.8%
Bid-Ask Spread %40.6617.7584.3318.9453.22
Gamma HHI0.190.180.200.190.19
Net GEX13.1K8.0K18.8K9.2K16.5K
Net DEX-207.5K-943.6K695.0K541.8K-348.1K
Net VEX-23.3K-27.9K-17.4K-18.4K-23.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.210.031.260.070.19
Total Volume1,380.4761235,107612756
Total OI125,501.429122,411132,200122,411127,103

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-05-01$0.71$1.00127.4%36.5%92.9%23.2%120.0%-49.7%-19.8%9.2K541.8K-18.4K0.0718.94N/AN/A5714181,04541,366
2025-05-02$0.76$1.00106.7%30.6%93.7%15.7%152.2%-1.1%35.2%10.6K282.7K-20.7K0.1059.88N/AN/A5225281,37241,407
2025-05-05$0.71$0.50148.8%52.1%93.3%30.9%154.3%13.3%-62.0%9.1K579.0K-18.0K0.0317.75N/AN/A5021481,81941,448
2025-05-06$0.71$0.50156.1%42.9%92.7%33.6%156.2%13.2%57.9%9.3K695.0K-17.4K0.0362.19N/AN/A119482,12341,368
2025-05-07$0.72$0.50158.2%48.1%90.6%34.4%190.7%18.8%-30.5%9.5K529.1K-18.8K0.2562.19N/AN/A59514882,23041,370
2025-05-08$0.74$0.50245.7%47.7%86.1%66.1%148.0%19.2%3.1%9.6K565.8K-18.9K0.2561.70N/AN/A2235582,24441,508
2025-05-09$0.78$0.50154.2%39.3%83.1%32.9%140.7%-62.7%13.9%10.4K399.3K-20.9K0.0820.81N/AN/A1,2659982,40941,562
2025-05-12$0.89$0.50113.6%40.1%90.5%18.2%140.6%-0.0%1.6%13.7K29.6K-24.4K0.0621.16N/AN/A2,95118683,45941,659
2025-05-13$0.99$0.50242.3%39.6%92.8%64.9%143.8%42.1%1.2%10.6K-777.3K-27.9K0.1654.14N/AN/A4,39970885,74741,565
2025-05-14$0.95$1.00153.7%44.1%95.5%32.7%134.7%33.9%-2.6%10.3K-484.9K-25.9K0.1028.15N/AN/A4,42742188,55842,202
2025-05-15$0.96$1.00154.7%44.3%93.7%33.1%158.7%18.9%-1.2%8.0K-788.2K-26.9K0.3323.06N/AN/A32010789,81842,334
2025-05-16$0.98$1.00144.9%41.5%93.6%29.5%145.0%27.4%0.2%17.7K-472.0K-26.7K0.0419.07N/AN/A2,3019289,92642,274
2025-05-19$1.00$1.00149.9%43.0%91.4%31.4%144.6%31.2%-6.0%18.8K-943.6K-27.7K0.1821.99N/AN/A69312486,75035,867
2025-05-20$0.97$1.00120.5%34.6%89.6%20.7%116.5%15.3%22.8%18.1K-821.8K-26.2K0.1731.90N/AN/A64010887,10735,991
2025-05-21$0.91$1.00137.2%39.3%91.8%26.8%137.3%46.6%12.6%16.5K-637.0K-25.5K1.2658.87N/AN/A8511,07687,42436,029
2025-05-22$0.89$1.00120.9%34.7%85.5%20.8%120.8%-23.7%-6.8%13.6K-722.7K-24.5K0.7084.33N/AN/A52236687,86037,004
2025-05-23$0.87$1.00134.8%38.7%86.1%25.9%132.9%25.4%-8.3%13.6K-119.9K-22.7K0.1457.26N/AN/A2793888,06737,344
2025-05-27$0.95$1.00150.3%43.1%90.2%31.5%149.5%31.3%-3.1%16.6K-631.8K-25.5K0.1823.40N/AN/A60310788,08337,358
2025-05-28$0.94$1.00154.3%44.2%86.0%32.9%154.3%-3.9%-16.0%16.7K-784.7K-25.3K0.1321.06N/AN/A1,10414388,60937,462
2025-05-29$0.94$1.00157.7%45.2%84.9%34.2%157.7%43.8%-20.6%16.0K-447.0K-24.5K0.0552.83N/AN/A1,3847489,04437,615
2025-05-30$0.91$1.00130.3%37.4%86.3%24.3%130.3%-23.9%10.3%16.5K-348.1K-23.5K0.1953.22N/AN/A63612089,44137,662