INVZ Options History — July 2025

In July 2025, INVZ traded between $1.35 and $2.00. ATM implied volatility averaged 147.9%, placing in the 29.0% IV rank vs the trailing year. The 30-day expected move averaged 42.7%. IV traded above realized volatility by 21.0% (HV 20d: 126.9%). Max pain ranged from $1.00 to $1.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 7 of 22 days. Put/call ratio averaged 0.19.

Notable Days

2025-07-10: Highest Volume — 14,187 contracts
2025-07-16: Largest IV drop — 12.3% change
2025-07-24: Highest IV Rank — 33.4%
2025-07-07: Largest Expected Move — 48.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$1.67	$1.35	$2.00	$1.52	$1.54
Max Pain	$1.34	$1.00	$1.50	$1.00	$1.50
ATM IV	147.9%	134.4%	161.0%	154.3%	140.0%
Expected Move	42.7%	38.2%	48.2%	44.2%	40.1%
HV 20d	126.9%	97.5%	141.2%	130.4%	103.4%
HV 60d	104.4%	103.0%	107.1%	104.7%	107.1%
IV Rank	29.0%	25.4%	33.4%	33.0%	25.5%
IV Percentile	54.5%	40.5%	70.2%	64.3%	40.5%
Term Structure	-7.6%	-33.0%	17.8%	2.0%	-11.1%
VWIV	152.5%	143.4%	164.0%	155.7%	144.0%
Skew 25d	-8.9%	-38.5%	51.8%	-23.7%	-22.6%
Skew 10d	-2.9%	-73.8%	37.0%	9.8%	15.0%
Call IV 25d	146.7%	82.8%	184.4%	151.4%	151.8%
Put IV 25d	137.8%	116.3%	160.3%	127.7%	129.2%
Bid-Ask Spread %	26.91	14.21	41.63	14.21	29.41
Gamma HHI	0.34	0.26	0.43	0.32	0.43
Net GEX	73.0K	34.9K	119.7K	85.6K	57.1K
Net DEX	-8.8M	-12.3M	-5.4M	-8.1M	-6.0M
Net VEX	-59.9K	-71.8K	-47.5K	-55.4K	-56.5K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.19	0.05	0.90	0.09	0.22
Total Volume	5,450.545	2,288	14,187	4,355	2,631
Total OI	178,615.773	150,911	201,536	182,731	167,252

Daily Data (22 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2025-07-01	$1.52	$1.00	154.3%	44.2%	130.4%	33.0%	155.7%	-23.7%	2.0%	85.6K	-8.1M	-55.4K	0.09	14.21	N/A	N/A	4,012	343	141,656	41,075
2025-07-02	$1.50	$1.00	140.3%	40.2%	131.2%	27.9%	149.5%	-25.7%	17.8%	84.1K	-7.3M	-53.6K	0.09	19.67	N/A	N/A	3,024	273	140,825	41,290
2025-07-03	$1.44	$1.00	134.4%	43.3%	133.2%	25.8%	164.0%	-6.3%	3.3%	73.9K	-6.5M	-52.0K	0.09	41.63	N/A	N/A	3,029	276	141,039	41,417
2025-07-07	$1.35	$1.00	138.9%	48.2%	136.8%	27.4%	161.4%	-11.3%	-22.0%	63.1K	-5.4M	-47.5K	0.09	34.43	N/A	N/A	3,821	355	142,683	41,408
2025-07-08	$1.44	$1.00	153.5%	38.2%	136.2%	32.7%	146.2%	6.0%	15.0%	78.3K	-6.3M	-50.4K	0.18	33.07	N/A	N/A	3,179	563	144,351	41,711
2025-07-09	$1.60	$1.00	154.1%	44.2%	139.1%	32.9%	151.2%	-20.3%	-11.7%	34.9K	-8.6M	-53.5K	0.07	28.08	N/A	N/A	5,261	346	145,011	41,780
2025-07-10	$1.69	$1.00	147.8%	42.4%	139.0%	28.4%	157.6%	-35.9%	-19.1%	37.4K	-9.5M	-55.3K	0.08	25.91	N/A	N/A	13,157	1,030	145,986	41,754
2025-07-11	$1.69	$1.50	142.1%	40.8%	139.2%	26.3%	153.6%	-10.4%	-7.6%	119.7K	-10.8M	-60.8K	0.10	28.69	N/A	N/A	10,844	1,049	152,023	42,490
2025-07-14	$1.63	$1.50	146.9%	42.1%	141.2%	28.1%	148.3%	40.6%	1.2%	116.0K	-9.5M	-59.7K	0.17	21.41	N/A	N/A	2,381	404	156,949	43,155
2025-07-15	$1.60	$1.50	159.3%	45.7%	140.5%	32.7%	154.1%	-22.4%	-10.5%	106.0K	-9.3M	-58.8K	0.06	17.54	N/A	N/A	3,209	182	157,108	43,282
2025-07-16	$1.62	$1.50	139.7%	40.0%	140.5%	25.4%	149.7%	-35.0%	-8.0%	103.0K	-8.9M	-58.5K	0.21	38.55	N/A	N/A	4,938	1,040	155,921	43,445
2025-07-17	$1.69	$1.50	148.0%	42.4%	133.1%	28.5%	146.3%	51.8%	3.4%	50.7K	-10.1M	-60.9K	0.21	15.27	N/A	N/A	2,173	463	157,127	43,570
2025-07-18	$1.92	$1.50	144.9%	41.5%	123.7%	27.3%	143.4%	1.7%	-15.1%	58.1K	-12.3M	-66.0K	0.05	20.72	N/A	N/A	11,140	553	157,708	43,828
2025-07-21	$1.75	$1.50	140.5%	40.3%	129.8%	25.7%	147.4%	1.2%	-0.7%	59.0K	-8.6M	-63.6K	0.14	17.00	N/A	N/A	5,864	820	113,608	37,303
2025-07-22	$1.83	$1.50	150.6%	43.2%	129.8%	29.5%	151.0%	14.0%	-21.4%	64.6K	-9.3M	-66.7K	0.15	27.20	N/A	N/A	4,282	635	116,372	37,854
2025-07-23	$1.90	$1.50	146.4%	42.0%	129.9%	27.9%	150.7%	20.3%	-7.7%	66.5K	-10.0M	-67.9K	0.32	41.57	N/A	N/A	2,256	713	116,883	38,238
2025-07-24	$2.00	$1.50	161.0%	46.2%	123.9%	33.4%	161.2%	-3.9%	-33.0%	69.5K	-11.9M	-71.8K	0.07	15.79	N/A	N/A	9,583	671	118,202	38,789
2025-07-25	$1.90	$1.50	147.0%	42.1%	105.4%	28.1%	151.1%	-17.9%	-5.3%	74.1K	-10.7M	-70.2K	0.43	31.90	N/A	N/A	2,345	1,009	123,047	39,049
2025-07-28	$1.79	$1.50	157.6%	45.2%	105.9%	32.1%	153.9%	-30.3%	-26.0%	71.6K	-9.3M	-65.8K	0.12	25.60	N/A	N/A	3,975	473	124,005	38,902
2025-07-29	$1.65	$1.50	147.1%	42.2%	101.9%	28.2%	154.2%	-38.5%	0.6%	66.4K	-7.6M	-61.2K	0.90	31.46	N/A	N/A	2,794	2,528	125,038	39,127
2025-07-30	$1.69	$1.50	158.4%	45.4%	97.5%	32.4%	160.8%	-26.3%	-11.9%	67.3K	-7.3M	-61.7K	0.39	32.83	N/A	N/A	1,648	640	125,982	41,304
2025-07-31	$1.54	$1.50	140.0%	40.1%	103.4%	25.5%	144.0%	-22.6%	-11.1%	57.1K	-6.0M	-56.5K	0.22	29.41	N/A	N/A	2,156	475	125,400	41,852