NVTS Options History — October 2022

In October 2022, NVTS traded between $3.90 and $5.66. ATM implied volatility averaged 103.5%, placing in the 19.8% IV rank vs the trailing year. The 30-day expected move averaged 29.3%. IV traded above realized volatility by 18.0% (HV 20d: 85.6%). Max pain ranged from $5.00 to $7.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 0.68.

Notable Days

  • 2022-10-27: Highest Volume — 1,598 contracts
  • 2022-10-10: Largest IV spike — 10.1% change
  • 2022-10-11: Highest IV Rank — 29.8%
  • 2022-10-31: Largest Expected Move — 31.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.46$3.90$5.66$5.10$4.17
Max Pain$5.36$5.00$7.50$7.50$5.00
ATM IV103.5%95.7%120.2%100.4%109.1%
Expected Move29.3%27.4%31.3%28.8%31.3%
HV 20d85.6%68.4%94.1%68.4%89.2%
HV 60d114.6%112.8%117.8%113.5%115.2%
IV Rank19.8%15.1%29.8%17.9%23.2%
IV Percentile72.2%58.7%92.0%69.9%82.0%
Term Structure-4.4%-14.1%5.9%-0.3%-10.3%
VWIV102.2%95.1%114.6%114.6%109.4%
Skew 25d13.8%-29.6%65.3%65.3%-9.5%
Skew 10d21.0%-53.0%111.9%111.9%0.9%
Call IV 25d102.6%65.8%185.0%74.8%85.8%
Put IV 25d116.5%76.1%203.5%140.2%76.4%
Bid-Ask Spread %28.489.3867.1567.1520.35
Gamma HHI0.250.210.280.220.24
Net GEX10.5K7.0K16.4K11.6K10.1K
Net DEX-841.9K-1.6M-350.8K-1.2M-551.8K
Net VEX-13.2K-17.6K-11.2K-15.6K-11.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.680.231.260.770.23
Total Volume1,154.195481,5981,2051,575
Total OI13,737.14312,74414,33412,96214,048

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-10-03$5.10$7.50100.4%28.8%68.4%17.9%114.6%65.3%-0.3%11.6K-1.2M-15.6K0.7767.156795269,9892,973
2022-10-04$5.43$7.5095.7%27.4%72.1%15.1%95.1%37.9%5.9%13.5K-1.4M-16.9K0.4354.041,0314449,9883,206
2022-10-05$5.66$7.50101.7%29.2%72.0%18.7%101.6%-4.7%-0.2%16.4K-1.6M-17.6K0.7834.8368753310,2533,345
2022-10-06$5.32$5.00107.7%29.7%75.2%22.3%101.9%3.0%-9.1%13.0K-1.3M-16.3K0.7740.2461647310,3203,463
2022-10-07$4.85$5.00102.9%28.6%80.3%19.4%98.7%21.3%-2.3%9.4K-876.6K-14.7K0.9549.8645142710,3253,482
2022-10-10$4.29$5.00113.2%30.0%90.0%25.6%104.8%0.7%-4.0%7.0K-767.3K-12.6K1.0412.2048249910,3593,488
2022-10-11$4.18$5.00120.2%30.7%88.9%29.8%104.3%0.9%-9.2%9.1K-350.8K-11.9K0.6027.2267240210,4393,474
2022-10-12$4.04$5.00108.9%31.2%84.9%23.0%109.3%-29.6%-6.7%8.8K-351.8K-11.4K0.5827.9270540910,6443,381
2022-10-13$4.26$5.00102.7%29.4%88.0%19.3%100.3%27.8%-14.1%10.5K-603.5K-12.5K0.3519.191,04436810,7523,312
2022-10-14$4.11$5.00101.1%29.0%87.8%18.3%99.2%1.7%-5.7%9.6K-501.5K-12.2K0.3610.4797835410,9613,309
2022-10-17$4.15$5.00100.4%28.8%88.2%17.9%98.4%19.9%-8.6%9.8K-576.5K-12.3K0.399.3883132610,9663,313
2022-10-18$4.12$5.00101.4%29.1%88.1%18.5%102.1%3.3%-2.7%9.6K-739.8K-12.5K0.4018.9484733610,9763,318
2022-10-19$3.90$5.00106.6%30.6%89.3%21.7%101.8%20.6%-5.3%9.6K-938.1K-11.2K0.4860.3783140010,9773,315
2022-10-20$4.18$5.00102.6%29.4%90.0%19.3%103.2%32.5%-1.3%10.4K-1.0M-12.5K0.8537.1949241810,9983,330
2022-10-21$4.20$5.0099.1%28.4%89.9%17.1%100.0%30.8%3.9%9.5K-572.5K-12.2K1.1624.4450959111,0043,330
2022-10-24$4.18$5.0098.0%28.1%89.9%16.5%98.1%24.1%-1.8%8.1K-797.8K-12.5K1.1818.8538845910,3972,347
2022-10-25$4.50$5.0096.4%27.6%90.5%15.5%96.5%35.8%-3.9%11.8K-1.2M-13.3K1.2624.4131739910,5042,347
2022-10-26$4.56$5.0099.8%28.6%89.0%17.5%99.8%9.5%-2.5%11.5K-831.0K-12.8K1.209.7124929910,5582,358
2022-10-27$4.15$5.00106.9%30.6%94.1%21.8%106.9%-8.9%-6.2%9.7K-706.4K-12.2K0.2311.661,30129710,5782,348
2022-10-28$4.22$5.0099.6%28.6%91.5%17.4%99.5%8.3%-7.9%10.6K-664.0K-12.5K0.2319.611,29629711,6632,342
2022-10-31$4.17$5.00109.1%31.3%89.2%23.2%109.4%-9.5%-10.3%10.1K-551.8K-11.5K0.2320.351,27829711,7062,342