NVTS Options History — March 2022

In March 2022, NVTS traded between $7.68 and $10.65. ATM implied volatility averaged 89.1%. The 30-day expected move averaged 27.6%. IV traded below realized volatility by 2.6% (HV 20d: 91.7%). Max pain ranged from $10.00 to $12.50. Net GEX was positive for 21 of 23 trading days. Term structure was in contango for 14 of 23 days. Put/call ratio averaged 0.80.

Notable Days

  • 2022-03-07: Highest Volume — 2,494 contracts
  • 2022-03-07: Largest IV spike — 22.8% change
  • 2022-03-17: Largest Expected Move — 48.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.20$7.68$10.65$9.43$10.25
Max Pain$11.90$10.00$12.50$12.50$10.00
ATM IV89.1%74.3%106.6%98.9%81.6%
Expected Move27.6%24.3%48.5%28.4%24.8%
HV 20d91.7%72.6%109.4%106.5%88.1%
HV 60d88.5%86.3%92.2%86.3%92.2%
Term Structure5.1%-9.1%95.9%-9.1%5.1%
VWIV98.4%53.9%222.9%99.1%87.3%
Skew 25d8.1%-5.9%42.9%-1.6%42.9%
Skew 10d21.9%-9.3%82.6%-9.3%82.6%
Call IV 25d90.5%78.2%101.2%101.2%86.9%
Put IV 25d98.6%89.5%129.8%99.6%129.8%
Bid-Ask Spread %62.9534.70156.0939.0452.68
Gamma HHI0.250.220.340.220.26
Net GEX21.8K-4.3K43.4K27.4K39.4K
Net DEX-943.7K-2.7M491.0K-815.5K-1.9M
Net VEX-22.6K-27.0K-17.3K-22.4K-23.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.800.311.930.760.40
Total Volume1,272.136522,4941,8561,232
Total OI15,317.1311,58417,65616,58212,542

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-03-01$9.43$12.5098.9%28.4%106.5%0.0%99.1%-1.6%-9.1%27.4K-815.5K-22.4K0.7639.041,05280412,0964,486
2022-03-02$9.64$12.5092.1%26.4%106.0%0.0%99.1%0.1%1.7%27.2K-969.8K-23.1K0.4656.281,22756712,2224,556
2022-03-03$8.81$12.50105.5%30.2%109.4%0.0%105.6%-5.9%0.9%16.2K-191.0K-20.3K0.5042.771,10855812,1824,554
2022-03-04$8.24$12.5086.9%24.9%107.8%0.0%93.6%3.7%-9.1%8.4K199.9K-18.6K0.4845.271,05850312,1214,585
2022-03-07$8.07$12.50106.6%30.6%101.3%0.0%106.6%6.0%-1.0%4.9K370.4K-17.3K0.4141.751,76473012,0504,627
2022-03-08$8.28$12.50101.5%29.3%101.4%0.0%103.0%8.6%-7.1%7.3K-84.6K-21.3K0.5054.601,59080012,8504,614
2022-03-09$8.50$12.5092.1%25.0%97.2%0.0%105.9%0.3%-2.1%11.3K-248.4K-22.2K1.9334.7042381812,9354,589
2022-03-10$8.22$12.5089.2%29.6%92.8%0.0%222.9%7.1%0.2%17.1K-54.7K-20.0K1.3946.2441757812,9584,554
2022-03-11$7.97$12.5090.0%31.2%92.9%0.0%115.8%8.8%2.7%1.9K198.7K-19.3K1.4646.2138556212,9964,559
2022-03-14$7.68$12.5093.4%26.1%92.2%0.0%93.7%6.7%-3.7%-4.3K491.0K-18.4K1.5853.0843168012,9364,579
2022-03-15$8.00$12.5096.5%26.3%93.7%0.0%93.7%8.0%-4.7%-3.0K121.6K-19.6K1.2855.9742253913,0534,603
2022-03-16$8.94$12.5087.0%26.6%100.3%0.0%98.6%8.8%4.0%20.9K-478.7K-22.8K0.7462.2867750313,0704,507
2022-03-17$9.47$0.0090.5%48.5%72.6%0.0%0.0%-0.9%95.9%23.0K-869.1K-24.2K0.78156.0960247213,0174,550
2022-03-18$9.82$0.0085.8%25.2%73.7%0.0%53.9%14.5%-2.0%25.1K-1.1M-25.2K0.96111.8849547413,0424,426
2022-03-21$9.39$12.5083.7%26.5%75.5%0.0%75.9%8.9%6.7%23.4K-1.5M-24.3K0.6188.936974228,7932,791
2022-03-22$9.71$12.5085.5%25.4%75.5%0.0%89.0%3.4%3.6%30.4K-1.9M-25.5K0.71102.825854149,1522,915
2022-03-23$9.34$12.5074.3%24.3%76.8%0.0%81.0%9.6%9.3%26.4K-1.5M-23.4K0.9283.913833519,0973,018
2022-03-24$10.58$12.5080.0%25.6%87.6%0.0%90.5%12.2%10.6%40.8K-2.7M-26.8K0.4954.289224529,1003,020
2022-03-25$10.50$10.0077.5%25.1%87.5%0.0%88.7%24.3%10.4%41.8K-2.5M-27.0K0.6556.034132699,4833,147
2022-03-28$10.26$10.0084.0%24.3%88.0%0.0%86.4%13.7%-1.7%40.4K-2.4M-26.4K0.5752.244142389,6493,155
2022-03-29$10.65$10.0082.1%25.0%88.0%0.0%88.0%9.1%4.9%43.4K-2.5M-25.3K0.4153.957683139,4843,163
2022-03-30$9.79$10.0084.4%25.0%93.3%0.0%87.5%-3.3%2.2%31.3K-1.4M-21.9K0.3156.868762719,2283,240
2022-03-31$10.25$10.0081.6%24.8%88.1%0.0%87.3%42.9%5.1%39.4K-1.9M-23.3K0.4052.688773559,2773,265