NVTS Options History — December 2022

In December 2022, NVTS traded between $3.21 and $4.67. ATM implied volatility averaged 78.7%, placing in the 9.6% IV rank vs the trailing year. The 30-day expected move averaged 21.6%. IV traded above realized volatility by 3.0% (HV 20d: 75.7%). 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 20 of 21 days. Put/call ratio averaged 0.42.

Notable Days

  • 2022-12-19: Highest Volume — 735 contracts
  • 2022-12-12: Largest IV spike — 48.1% change
  • 2022-12-12: Highest IV Rank — 39.9%
  • 2022-12-02: Largest Expected Move — 25.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.88$3.21$4.67$4.67$3.49
Max Pain$5.00$5.00$5.00$5.00$5.00
ATM IV78.7%57.9%132.8%83.7%75.8%
Expected Move21.6%16.6%25.7%24.0%21.7%
HV 20d75.7%61.5%98.6%95.8%61.6%
HV 60d83.1%81.5%84.4%84.0%81.5%
IV Rank9.6%0.0%39.9%11.1%10.0%
IV Percentile22.1%0.0%96.8%19.8%7.9%
Term Structure17.9%-7.3%44.8%0.8%19.4%
VWIV82.9%62.0%105.8%83.7%76.4%
Skew 25d4.1%-23.6%20.3%17.6%19.2%
Skew 10d8.2%-18.0%26.9%26.9%18.7%
Call IV 25d69.9%49.0%91.5%80.8%61.5%
Put IV 25d73.9%60.3%101.3%98.4%80.7%
Bid-Ask Spread %53.877.8272.9527.5610.88
Gamma HHI0.280.230.310.230.31
Net GEX8.8K6.5K12.7K12.7K8.0K
Net DEX-400.9K-897.7K-227.2K-897.7K-331.7K
Net VEX-10.0K-13.2K-7.4K-13.2K-8.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.420.003.000.320.00
Total Volume12947358617
Total OI13,967.42911,43515,44515,22212,508

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-12-01$4.67$5.0083.7%24.0%95.8%11.1%83.7%17.6%0.8%12.7K-897.7K-13.2K0.3227.56652112,3072,915
2022-12-02$4.46$5.0089.5%25.7%97.6%14.5%89.4%9.8%-7.3%11.3K-739.9K-12.6K0.0869.5837312,3452,912
2022-12-05$4.45$5.0097.5%23.5%97.4%19.1%62.0%4.8%6.9%10.3K-486.5K-10.5K0.1954.9426512,3632,915
2022-12-06$4.25$5.00100.6%24.7%98.6%20.9%86.3%-5.3%2.0%9.2K-530.7K-12.3K1.6353.22518312,3742,920
2022-12-07$4.24$5.0067.2%24.1%96.3%1.6%0.0%-3.4%5.6%9.0K-324.0K-10.7K0.0062.1125012,3822,912
2022-12-08$4.31$5.0063.3%23.9%90.5%0.0%0.0%-1.6%5.4%10.7K-392.5K-11.8K0.0072.0411012,3912,906
2022-12-09$4.37$5.0089.6%24.6%84.9%15.1%85.9%0.1%1.5%10.0K-437.9K-12.2K0.0053.2219012,4012,906
2022-12-12$4.12$5.00132.8%23.7%77.8%39.9%98.0%-0.4%3.9%9.4K-266.2K-10.7K0.2036.821482912,4072,906
2022-12-13$4.13$5.00112.7%25.2%65.9%28.4%88.0%-7.8%1.6%10.6K-661.6K-12.0K0.0450.862941112,5482,897
2022-12-14$3.96$5.0079.6%22.8%66.3%9.4%0.0%-9.7%4.1%8.9K-266.4K-10.8K3.0063.761312,4782,897
2022-12-15$3.87$5.0080.9%23.2%62.9%10.1%82.2%-10.9%0.2%8.4K-227.2K-10.3K0.0034.9918012,4772,848
2022-12-16$3.67$5.0065.5%18.8%62.3%1.3%78.3%-23.6%36.9%7.7K-277.5K-10.1K0.0267.91339812,4832,848
2022-12-19$3.42$5.0061.2%17.5%65.3%0.0%64.0%8.6%44.8%6.5K-286.3K-7.8K0.0164.2473149,5221,913
2022-12-20$3.44$5.0060.6%17.4%65.5%0.0%0.0%9.1%38.0%7.1K-390.9K-9.0K0.107.8252510,1901,912
2022-12-21$3.63$5.0068.5%19.6%69.5%4.5%69.8%20.3%34.3%8.3K-393.3K-8.7K0.0062.4794010,1941,917
2022-12-22$3.54$5.0065.8%18.9%67.7%2.9%71.1%16.6%41.9%7.6K-366.7K-8.7K0.0465.7227110,2811,917
2022-12-23$3.45$5.0063.0%18.1%67.0%1.3%105.8%16.6%38.5%7.3K-330.0K-8.4K1.4472.95253610,2911,918
2022-12-27$3.21$5.0057.9%16.6%67.8%0.0%0.0%3.6%40.7%6.8K-241.8K-7.4K1.2871.858210510,2861,912
2022-12-28$3.24$5.0062.9%18.0%67.7%2.8%0.0%2.4%36.4%6.7K-237.2K-7.5K0.4362.401305610,3162,012
2022-12-29$3.48$5.0075.0%21.5%61.5%9.5%102.9%19.4%21.2%7.8K-332.3K-8.0K0.0766.021371010,4222,067
2022-12-30$3.49$5.0075.8%21.7%61.6%10.0%76.4%19.2%19.4%8.0K-331.7K-8.1K0.0010.8817010,4382,070