INVZ Options History — February 2026

In February 2026, INVZ traded between $0.86 and $1.04. ATM implied volatility averaged 124.6%, placing in the 22.2% IV rank vs the trailing year. The 30-day expected move averaged 36.4%. IV traded above realized volatility by 43.6% (HV 20d: 80.9%). Max pain ranged from $1.00 to $1.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 10 of 19 days. Put/call ratio averaged 0.17.

Notable Days

  • 2026-02-05: Highest Volume — 2,738 contracts
  • 2026-02-26: Largest IV spike — 132.7% change
  • 2026-02-13: Highest IV Rank — 36.9%
  • 2026-02-13: Largest Expected Move — 45.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$0.95$0.86$1.04$0.96$0.86
Max Pain$1.00$1.00$1.00$1.00$1.00
ATM IV124.6%62.1%157.1%129.6%139.1%
Expected Move36.4%17.8%45.0%37.2%39.9%
HV 20d80.9%53.5%103.5%103.5%81.6%
HV 60d89.5%83.6%93.8%83.7%89.9%
IV Rank22.2%0.0%36.9%23.5%34.3%
IV Percentile38.6%0.0%79.4%42.1%57.1%
Term Structure6.8%-37.7%80.9%29.4%-37.7%
VWIV129.4%74.7%168.4%129.8%144.3%
Skew 25d37.3%-18.7%95.1%25.4%33.7%
Skew 10d59.5%19.0%89.5%47.5%50.8%
Call IV 25d104.4%55.2%155.4%92.2%83.2%
Put IV 25d141.7%113.6%184.6%117.7%116.9%
Bid-Ask Spread %80.3448.22116.2857.8674.23
Gamma HHI0.170.150.220.220.15
Net GEX14.0K11.0K18.8K15.3K12.2K
Net DEX-2.2M-2.7M-1.6M-2.5M-1.6M
Net VEX-16.7K-18.8K-14.1K-17.5K-14.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.170.000.760.610.00
Total Volume751.684932,738306343
Total OI76,880.31669,26580,35578,13971,132

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-02-02$0.96$1.00129.6%37.2%103.5%23.5%129.8%25.4%29.4%15.3K-2.5M-17.5K0.6157.86N/AN/A19011668,6689,471
2026-02-03$0.97$1.00128.7%36.9%53.5%23.1%131.7%54.1%22.7%15.6K-2.3M-17.6K0.5648.22N/AN/A27015068,7579,542
2026-02-04$0.96$1.00120.1%34.4%53.5%18.9%120.1%-6.6%11.1%15.9K-2.2M-17.8K0.0570.98N/AN/A4512268,9449,677
2026-02-05$0.87$1.00155.5%42.0%58.6%36.2%145.9%47.2%-20.8%15.1K-1.7M-15.1K0.0792.97N/AN/A2,56317569,0559,657
2026-02-06$1.04$1.00108.0%39.6%89.4%13.0%144.8%4.7%3.6%15.6K-2.4M-18.0K0.0248.52N/AN/A2,1774969,2429,621
2026-02-09$1.02$1.00124.6%38.1%88.3%21.1%149.7%0.6%27.3%18.8K-2.5M-18.8K0.00102.73N/AN/A339169,6589,629
2026-02-10$1.00$1.0095.0%30.9%86.9%6.7%135.9%22.7%-18.1%15.8K-2.6M-18.7K0.12102.50N/AN/A831069,8459,628
2026-02-11$0.97$1.00134.9%38.7%86.2%26.1%168.4%-18.7%-15.1%14.9K-2.6M-17.5K0.08103.72N/AN/A2792169,8699,638
2026-02-12$0.97$1.00143.4%41.1%85.8%30.3%165.0%33.4%-20.5%12.7K-2.6M-17.6K0.0494.19N/AN/A118570,0289,650
2026-02-13$0.96$1.00157.1%45.0%85.3%36.9%101.0%45.9%-28.4%11.8K-2.7M-16.9K0.1374.05N/AN/A2182970,0929,638
2026-02-17$0.94$1.00101.0%28.9%84.8%9.6%79.3%65.9%34.4%14.3K-1.9M-16.0K0.3297.70N/AN/A2969570,2539,643
2026-02-18$0.94$1.00106.0%30.4%84.7%12.0%0.0%33.7%11.7%11.0K-2.2M-16.4K0.12116.28N/AN/A3734570,4639,596
2026-02-19$0.95$1.00136.9%39.3%84.5%27.1%136.8%59.7%29.0%12.5K-2.0M-15.9K0.1853.10N/AN/A4568470,5699,583
2026-02-20$0.95$1.00139.2%39.9%82.3%28.2%139.2%60.7%-2.2%14.5K-2.1M-17.0K0.7664.19N/AN/A36427670,7499,606
2026-02-23$0.91$1.00119.6%34.3%82.2%18.6%119.6%31.8%50.5%12.9K-2.3M-16.5K0.1182.34N/AN/A97810960,7998,466
2026-02-24$0.92$1.00121.5%34.8%81.7%19.6%121.6%47.1%-10.1%12.5K-2.1M-16.1K0.1068.44N/AN/A5515761,0788,473
2026-02-25$0.89$1.0062.1%17.8%82.2%0.0%74.7%95.1%80.9%12.2K-1.9M-15.1K0.0494.87N/AN/A9774061,3238,515
2026-02-26$0.91$1.00144.6%41.5%82.9%36.8%121.8%72.0%-18.1%12.5K-1.8M-15.5K0.0079.58N/AN/A1,972061,6428,527
2026-02-27$0.86$1.00139.1%39.9%81.6%34.3%144.3%33.7%-37.7%12.2K-1.6M-14.1K0.0074.23N/AN/A343062,6078,525