INVZ Options History — November 2025

In November 2025, INVZ traded between $1.19 and $1.77. ATM implied volatility averaged 152.2%, placing in the 32.8% IV rank vs the trailing year. The 30-day expected move averaged 41.3%. IV traded above realized volatility by 93.1% (HV 20d: 59.0%). Max pain ranged from $1.50 to $2.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 9 of 19 days. Put/call ratio averaged 0.78.

Notable Days

  • 2025-11-14: Highest Volume — 18,038 contracts
  • 2025-11-26: Largest IV drop — 56.9% change
  • 2025-11-25: Highest IV Rank — 65.2%
  • 2025-11-25: Largest Expected Move — 61.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.43$1.19$1.77$1.77$1.27
Max Pain$1.68$1.50$2.00$2.00$1.50
ATM IV152.2%92.6%215.1%132.8%113.7%
Expected Move41.3%26.6%61.7%38.1%32.6%
HV 20d59.0%52.2%66.5%61.7%62.7%
HV 60d85.5%80.2%94.6%93.4%83.8%
IV Rank32.8%5.5%65.2%22.7%15.8%
IV Percentile54.9%1.6%97.6%38.1%12.7%
Term Structure-30.9%-260.7%71.9%-23.8%5.9%
VWIV138.9%98.3%174.7%140.8%126.1%
Skew 25d-23.4%-86.5%25.6%-23.6%21.7%
Skew 10d0.0%-102.0%77.1%-4.0%77.1%
Call IV 25d138.2%102.7%188.6%151.1%103.2%
Put IV 25d114.8%83.8%143.8%127.5%125.0%
Bid-Ask Spread %89.3256.03127.9658.3676.75
Gamma HHI0.360.280.430.380.34
Net GEX42.3K23.5K73.0K73.0K33.7K
Net DEX-2.0M-6.2M1.1M-6.2M-802.8K
Net VEX-42.8K-57.8K-28.4K-57.8K-35.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.780.014.540.130.19
Total Volume3,329.57954318,0382,333786
Total OI198,125.421182,852209,690193,910186,599

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-11-03$1.77$2.00132.8%38.1%61.7%22.7%140.8%-23.6%-23.8%73.0K-6.2M-57.8K0.1358.36N/AN/A2,060273142,35551,555
2025-11-04$1.63$2.00181.0%51.9%66.0%43.9%172.5%-47.9%-83.2%65.6K-4.3M-50.1K0.4469.80N/AN/A2,5451,110142,06951,713
2025-11-05$1.67$2.00152.8%43.8%66.5%31.5%169.6%-44.8%58.8%64.2K-5.1M-53.6K0.5275.56N/AN/A1,292670142,47352,114
2025-11-06$1.65$2.00146.6%35.8%65.8%28.7%112.5%-13.6%-12.5%63.0K-5.3M-54.3K4.54127.96N/AN/A2781,261142,09052,699
2025-11-07$1.65$2.00141.5%30.9%65.9%26.5%137.5%-3.5%46.0%61.8K-4.1M-52.4K0.08108.09N/AN/A1,476116142,14352,223
2025-11-10$1.67$2.00147.0%31.1%64.4%28.9%136.4%-43.9%3.9%49.2K-3.7M-49.7K1.66105.96N/AN/A2,4944,151142,07552,322
2025-11-11$1.60$2.00200.9%41.2%54.0%52.7%142.2%-8.0%7.7%61.0K-3.9M-49.8K4.4782.85N/AN/A1,6117,205143,77754,375
2025-11-12$1.54$1.50130.3%37.3%54.3%21.6%130.2%10.9%-1.7%41.3K-1.6M-45.3K0.2887.96N/AN/A2,027565144,92961,733
2025-11-13$1.39$1.50124.9%35.8%57.9%19.2%121.5%-25.5%9.6%36.3K-1.1M-43.4K0.1592.48N/AN/A2,445379145,86661,961
2025-11-14$1.34$1.50155.2%44.5%57.6%32.5%135.1%-22.3%1.3%34.0K-1.3M-42.7K0.0193.40N/AN/A17,777261147,77461,916
2025-11-17$1.33$1.50154.4%44.3%53.4%35.6%149.7%-30.7%-10.1%30.4K-1.0M-39.8K0.2493.62N/AN/A615147146,06661,872
2025-11-18$1.33$1.50123.7%35.5%52.4%20.7%118.0%-13.9%1.2%30.2K5.5K-38.7K0.2895.92N/AN/A610168146,58261,920
2025-11-19$1.27$1.50134.7%38.6%52.2%26.0%141.4%-7.8%-56.6%32.7K-2.8M-41.2K0.53105.37N/AN/A356187146,58159,955
2025-11-20$1.19$1.50211.0%60.5%53.7%63.2%162.2%-86.5%-184.6%24.7K421.8K-33.1K0.4194.91N/AN/A1,236510146,95059,798
2025-11-21$1.25$1.50188.8%54.1%58.3%52.4%174.7%-73.0%-146.4%26.9K239.3K-34.4K0.6585.58N/AN/A986642147,09759,400
2025-11-24$1.21$1.50144.2%41.3%57.3%30.6%137.6%25.6%-13.3%25.8K-56.9K-33.3K0.1456.03N/AN/A3,564485125,39757,455
2025-11-25$1.21$1.50215.1%61.7%58.0%65.2%98.3%-35.0%-260.7%23.5K887.4K-28.4K0.0293.63N/AN/A1,34528127,34357,644
2025-11-26$1.23$1.5092.6%26.6%59.6%5.5%132.3%-23.3%71.9%26.7K1.1M-29.8K0.1092.86N/AN/A1,451150127,89757,665
2025-11-28$1.27$1.50113.7%32.6%62.7%15.8%126.1%21.7%5.9%33.7K-802.8K-35.8K0.1976.75N/AN/A659127128,84757,752