NVTS Options History — July 2022

In July 2022, NVTS traded between $3.61 and $5.22. ATM implied volatility averaged 113.8%, placing in the 32.0% IV rank vs the trailing year. The 30-day expected move averaged 27.0%. IV traded above realized volatility by 27.0% (HV 20d: 86.8%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 7 of 20 days. Put/call ratio averaged 0.47.

Notable Days

2022-07-07: Highest Volume — 1,914 contracts
2022-07-11: Largest IV spike — 94.4% change
2022-07-07: Highest IV Rank — 100.0%
2022-07-07: Largest Expected Move — 43.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$4.32	$3.61	$5.22	$3.70	$5.22
Max Pain	$5.00	$5.00	$5.00	$5.00	$5.00
ATM IV	113.8%	70.5%	237.3%	149.9%	94.0%
Expected Move	27.0%	20.2%	43.6%	43.0%	26.9%
HV 20d	86.8%	74.0%	95.7%	82.8%	85.8%
HV 60d	100.9%	95.4%	105.4%	96.0%	105.1%
IV Rank	32.0%	0.0%	100.0%	96.6%	14.1%
IV Percentile	53.6%	0.0%	100.0%	98.7%	65.5%
Term Structure	-7.0%	-58.7%	14.4%	-58.7%	-15.5%
VWIV	94.9%	70.8%	167.9%	167.9%	94.1%
Skew 25d	-1.7%	-154.1%	29.7%	-105.2%	8.1%
Skew 10d	7.8%	-154.0%	53.3%	-106.6%	8.7%
Call IV 25d	93.8%	61.5%	273.8%	206.0%	80.8%
Put IV 25d	92.1%	72.0%	119.8%	100.8%	88.8%
Bid-Ask Spread %	83.93	43.20	117.57	50.25	85.38
Gamma HHI	0.27	0.19	0.34	0.19	0.32
Net GEX	6.9K	2.0K	12.9K	2.0K	12.9K
Net DEX	-329.4K	-1.1M	271.0K	241.9K	-775.8K
Net VEX	-8.8K	-11.7K	-5.7K	-6.2K	-11.4K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.47	0.14	0.93	0.17	0.92
Total Volume	975.45	442	1,914	1,514	552
Total OI	10,318.75	9,383	11,561	10,073	9,835

Daily Data (20 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 Vol	Put Vol	Call OI	Put OI
2022-07-01	$3.70	$5.00	149.9%	43.0%	82.8%	96.6%	167.9%	-105.2%	-58.7%	2.0K	241.9K	-6.2K	0.17	50.25	1,292	222	7,744	2,329
2022-07-05	$3.70	$5.00	128.8%	28.7%	83.8%	69.9%	113.2%	24.1%	10.0%	2.0K	207.3K	-6.2K	0.21	92.19	1,174	252	7,829	2,331
2022-07-06	$3.61	$5.00	144.3%	24.9%	74.0%	89.5%	100.4%	18.3%	12.1%	2.1K	271.0K	-5.7K	0.48	107.91	501	240	7,872	2,382
2022-07-07	$3.97	$5.00	237.3%	43.6%	86.5%	100.0%	119.6%	-154.1%	-36.6%	2.4K	165.9K	-6.8K	0.14	108.76	1,674	240	7,984	2,389
2022-07-08	$4.10	$5.00	105.2%	24.9%	88.4%	19.4%	96.6%	21.3%	-15.1%	4.0K	-519.2K	-8.0K	0.17	88.51	1,441	240	9,056	2,389
2022-07-11	$3.79	$5.00	204.4%	26.2%	90.5%	79.9%	109.7%	19.9%	-24.5%	4.7K	-128.6K	-8.2K	0.20	87.90	1,206	240	9,126	2,384
2022-07-12	$3.75	$5.00	200.2%	31.7%	88.6%	77.4%	107.1%	27.4%	-0.6%	4.9K	96.5K	-6.8K	0.22	108.48	1,164	256	9,144	2,385
2022-07-13	$3.70	$5.00	114.4%	32.8%	83.7%	25.0%	97.2%	21.1%	-17.9%	5.0K	5.2K	-7.7K	0.45	108.95	570	255	9,161	2,395
2022-07-14	$3.78	$5.00	80.2%	23.0%	84.0%	4.2%	70.8%	19.5%	14.4%	5.2K	59.0K	-7.5K	0.43	117.57	591	255	9,166	2,395
2022-07-15	$4.00	$5.00	90.6%	26.0%	83.3%	10.5%	94.6%	19.6%	-14.5%	5.0K	-180.9K	-8.1K	0.24	100.90	958	228	9,162	2,395
2022-07-18	$4.24	$5.00	87.8%	25.2%	80.9%	8.8%	84.9%	0.7%	-2.3%	7.2K	-260.9K	-8.7K	0.18	93.89	1,041	192	7,268	2,115
2022-07-19	$4.36	$5.00	70.5%	20.2%	79.0%	0.0%	73.0%	29.7%	1.2%	8.0K	-282.1K	-9.3K	0.23	54.62	864	197	7,315	2,115
2022-07-20	$5.03	$5.00	71.7%	20.6%	95.7%	0.7%	71.9%	-4.0%	12.0%	10.5K	-726.3K	-11.3K	0.50	84.91	357	180	7,325	2,121
2022-07-21	$5.02	$5.00	87.0%	24.9%	90.5%	9.9%	89.0%	-3.5%	-5.6%	10.8K	-709.5K	-11.3K	0.69	43.20	261	181	7,476	2,126
2022-07-22	$4.74	$5.00	73.9%	21.2%	92.3%	2.0%	75.7%	-8.6%	8.9%	10.9K	-519.0K	-10.3K	0.89	80.38	266	237	7,519	2,127
2022-07-25	$4.80	$5.00	82.7%	23.7%	92.1%	7.3%	81.3%	22.6%	-0.8%	9.2K	-972.0K	-10.2K	0.79	52.81	277	218	7,539	2,176
2022-07-26	$4.69	$5.00	80.8%	23.2%	92.2%	6.2%	80.0%	10.7%	1.3%	9.5K	-745.4K	-9.5K	0.80	74.93	273	218	7,561	2,178
2022-07-27	$5.12	$5.00	83.9%	24.0%	92.3%	8.0%	83.9%	2.0%	-0.4%	10.5K	-1.1M	-11.7K	0.73	73.32	376	273	7,562	2,178
2022-07-28	$5.08	$5.00	88.9%	25.5%	90.4%	11.0%	87.8%	-4.2%	-8.2%	12.3K	-734.9K	-11.1K	0.93	63.69	283	264	7,678	2,143
2022-07-29	$5.22	$5.00	94.0%	26.9%	85.8%	14.1%	94.1%	8.1%	-15.5%	12.9K	-775.8K	-11.4K	0.92	85.38	288	264	7,675	2,160