NVTS Options History — November 2022

In November 2022, NVTS traded between $4.01 and $5.42. ATM implied volatility averaged 91.9%, placing in the 13.7% IV rank vs the trailing year. The 30-day expected move averaged 26.7%. IV traded above realized volatility by 7.0% (HV 20d: 84.8%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 5 of 21 days. Put/call ratio averaged 0.46.

Notable Days

  • 2022-11-15: Highest Volume — 2,532 contracts
  • 2022-11-28: Largest IV spike — 30.8% change
  • 2022-11-08: Highest IV Rank — 27.0%
  • 2022-11-01: Largest Expected Move — 30.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.51$4.01$5.42$4.17$4.67
Max Pain$5.00$5.00$5.00$5.00$5.00
ATM IV91.9%64.5%115.6%106.7%90.4%
Expected Move26.7%18.5%30.6%30.6%25.9%
HV 20d84.8%62.8%96.0%85.1%96.0%
HV 60d95.4%81.7%114.9%114.9%84.5%
IV Rank13.7%0.0%27.0%21.7%15.0%
IV Percentile44.2%0.0%87.8%78.3%41.7%
Term Structure-4.0%-18.7%11.3%-9.5%-3.4%
VWIV92.2%62.6%108.0%106.2%90.3%
Skew 25d1.0%-20.1%39.6%8.1%9.2%
Skew 10d7.2%-31.5%65.5%5.4%13.7%
Call IV 25d88.3%69.8%105.0%105.0%89.4%
Put IV 25d89.3%73.1%122.8%113.1%98.6%
Bid-Ask Spread %42.3311.3674.0620.8037.61
Gamma HHI0.250.230.290.240.23
Net GEX12.3K9.0K20.5K10.9K12.4K
Net DEX-905.9K-1.7M-474.4K-917.7K-797.0K
Net VEX-13.7K-16.8K-10.7K-14.4K-12.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.460.002.540.240.50
Total Volume1,604.71432,5321,57696
Total OI14,646.23814,06215,28014,06215,190

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-11-01$4.17$5.00106.7%30.6%85.1%21.7%106.2%8.1%-9.5%10.9K-917.7K-14.4K0.2420.801,27430211,7202,342
2022-11-02$4.12$5.00104.4%29.9%82.6%20.3%108.0%23.8%-5.5%10.4K-649.9K-12.7K0.2341.951,29030211,7272,352
2022-11-03$4.13$5.0080.6%27.1%81.0%6.1%91.9%-10.9%-3.0%9.5K-474.4K-11.1K0.2311.501,30330411,7522,352
2022-11-04$4.22$5.0079.8%28.7%76.0%5.6%98.1%-7.0%-10.7%10.9K-701.2K-13.0K0.2423.391,27130411,7832,344
2022-11-07$4.14$5.0090.5%28.9%62.8%12.0%97.6%-14.5%-7.0%9.8K-826.7K-13.6K0.2311.361,27129211,7882,344
2022-11-08$4.39$5.00115.6%28.0%65.6%27.0%99.3%39.6%-6.4%12.0K-897.4K-13.7K0.2832.451,39338411,8032,341
2022-11-09$4.01$5.0099.1%28.4%72.5%17.1%82.5%-20.1%-4.4%10.6K-552.0K-11.9K0.3164.101,29839711,8382,513
2022-11-10$4.38$5.0092.4%26.5%76.9%13.1%92.0%0.5%-2.5%12.3K-788.2K-12.6K0.2764.231,45339011,9162,513
2022-11-11$4.86$5.0094.6%27.1%83.6%14.4%94.9%-19.6%-5.2%16.3K-1.1M-14.8K0.3431.551,34446311,8572,521
2022-11-14$5.39$5.0097.4%27.9%90.2%16.1%95.7%4.8%-6.2%20.5K-1.7M-16.8K0.3572.521,65258011,7932,517
2022-11-15$5.42$5.0091.7%26.3%89.9%12.7%91.7%2.5%1.0%20.5K-1.7M-16.8K0.8765.051,3551,17711,9152,719
2022-11-16$5.04$5.0094.2%27.0%91.9%14.2%95.3%-11.1%-2.7%15.7K-1.3M-16.2K0.5374.061,51280311,8863,170
2022-11-17$4.75$5.0093.9%26.9%92.8%14.0%94.4%11.4%-2.9%14.1K-1.3M-16.0K0.5613.271,35075612,0453,235
2022-11-18$4.60$5.0083.2%23.8%93.8%7.6%82.9%1.1%3.6%10.0K-847.8K-14.6K0.5847.951,58892212,0363,235
2022-11-21$4.47$5.0086.6%24.8%94.5%9.7%86.7%0.3%1.1%10.2K-1.0M-14.6K0.4665.491,61573711,7662,896
2022-11-22$4.49$5.0064.5%18.5%90.8%0.0%62.6%3.3%11.3%9.0K-544.9K-10.7K0.4241.081,52364111,9932,906
2022-11-23$4.64$5.0083.2%23.8%91.4%10.8%83.2%10.2%-0.2%12.0K-1.0M-14.7K0.4335.161,49864112,1212,905
2022-11-25$4.45$5.0078.0%22.4%85.9%7.8%81.4%4.4%4.1%11.7K-858.1K-13.5K0.0028.093012,2272,905
2022-11-28$4.17$5.00102.0%29.3%89.1%21.7%100.8%-7.6%-18.7%9.3K-499.5K-11.2K2.5437.83399912,2352,904
2022-11-29$4.22$5.00100.2%28.7%89.1%20.6%100.5%-7.5%-15.7%9.5K-599.4K-11.5K0.0369.5775212,2532,913
2022-11-30$4.67$5.0090.4%25.9%96.0%15.0%90.3%9.2%-3.4%12.4K-797.0K-12.9K0.5037.61643212,2762,914