NVTS Options History — April 2023

In April 2023, NVTS traded between $5.26 and $7.22. ATM implied volatility averaged 75.4%, placing in the 12.8% IV rank vs the trailing year. The 30-day expected move averaged 22.0%. IV traded above realized volatility by 3.3% (HV 20d: 72.0%). Max pain ranged from $5.00 to $7.50. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 4 of 19 days. Put/call ratio averaged 0.65.

Notable Days

2023-04-25: Highest Volume — 705 contracts
2023-04-28: Largest IV spike — 14.4% change
2023-04-28: Highest IV Rank — 22.2%
2023-04-28: Largest Expected Move — 26.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$6.55	$5.26	$7.22	$7.22	$5.30
Max Pain	$5.92	$5.00	$7.50	$7.50	$5.00
ATM IV	75.4%	65.2%	92.9%	68.1%	92.9%
Expected Move	22.0%	19.0%	26.6%	19.5%	26.6%
HV 20d	72.0%	54.5%	87.8%	87.3%	62.1%
HV 60d	76.3%	73.5%	80.3%	76.8%	75.9%
IV Rank	12.8%	7.3%	22.2%	8.9%	22.2%
IV Percentile	20.3%	5.2%	59.9%	8.7%	59.9%
Term Structure	-1.9%	-11.7%	15.1%	10.7%	-11.7%
VWIV	73.0%	55.8%	81.9%	68.1%	81.2%
Skew 25d	9.6%	-22.3%	60.0%	60.0%	41.7%
Skew 10d	23.3%	-30.2%	147.8%	88.7%	57.6%
Call IV 25d	65.6%	56.5%	77.8%	63.9%	56.6%
Put IV 25d	75.2%	51.6%	123.9%	123.9%	98.3%
Bid-Ask Spread %	38.52	12.89	67.85	12.89	33.40
Gamma HHI	0.28	0.24	0.32	0.28	0.24
Net GEX	27.7K	15.8K	35.2K	33.6K	16.2K
Net DEX	-2.0M	-2.7M	-1.0M	-2.7M	-1.0M
Net VEX	-14.4K	-17.0K	-10.4K	-17.0K	-10.4K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.65	0.00	4.23	0.36	0.00
Total Volume	190.211	25	705	95	27
Total OI	11,047.895	10,434	11,370	11,017	11,147

Daily Data (19 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
2023-04-03	$7.22	$7.50	68.1%	19.5%	87.3%	8.9%	68.1%	60.0%	10.7%	33.6K	-2.7M	-17.0K	0.36	12.89	70	25	9,391	1,626
2023-04-04	$7.21	$7.50	66.8%	19.1%	87.3%	8.2%	66.8%	-1.0%	15.1%	33.6K	-2.7M	-17.0K	0.00	18.26	551	1	9,407	1,627
2023-04-05	$6.80	$7.50	66.1%	19.0%	87.8%	7.8%	66.3%	53.7%	8.4%	30.9K	-2.3M	-15.5K	0.39	51.34	234	92	9,351	1,626
2023-04-06	$6.79	$7.50	70.3%	22.7%	85.1%	10.0%	79.2%	17.5%	-3.5%	30.5K	-2.2M	-15.4K	0.03	38.68	35	1	9,388	1,636
2023-04-10	$6.96	$7.50	65.2%	22.8%	84.0%	7.3%	55.8%	3.0%	-5.9%	34.6K	-2.5M	-16.4K	1.07	38.18	95	102	9,383	1,636
2023-04-11	$6.84	$7.50	73.6%	22.8%	83.1%	11.8%	0.0%	-6.4%	-2.6%	31.4K	-2.3M	-15.9K	0.02	40.81	98	2	9,425	1,712
2023-04-12	$6.74	$7.50	79.3%	22.7%	83.3%	14.9%	66.3%	11.9%	-5.1%	29.3K	-2.1M	-14.9K	0.04	63.00	55	2	9,338	1,712
2023-04-13	$6.78	$5.00	75.0%	21.5%	79.3%	12.6%	73.7%	-8.5%	-0.4%	31.1K	-2.3M	-15.3K	0.25	43.41	20	5	9,362	1,711
2023-04-14	$6.80	$5.00	77.1%	22.1%	69.1%	13.7%	0.0%	-11.1%	-2.9%	31.3K	-2.2M	-15.0K	3.00	67.85	7	21	9,377	1,713
2023-04-17	$6.79	$5.00	78.5%	22.5%	67.7%	14.5%	77.5%	-8.0%	-6.6%	32.6K	-2.3M	-15.1K	0.03	43.21	181	6	9,364	1,733
2023-04-18	$6.96	$5.00	71.3%	20.4%	67.7%	10.6%	70.6%	-16.8%	2.2%	35.2K	-2.3M	-15.2K	0.06	42.80	300	18	9,450	1,734
2023-04-19	$6.80	$5.00	78.4%	22.5%	55.3%	14.4%	78.7%	-8.6%	-4.8%	27.2K	-2.2M	-15.0K	4.23	17.59	26	110	9,538	1,738
2023-04-20	$6.75	$5.00	77.7%	22.3%	54.5%	14.0%	77.8%	-11.5%	-2.7%	25.7K	-2.1M	-14.9K	0.42	53.80	24	10	9,529	1,841
2023-04-21	$6.92	$5.00	72.5%	20.8%	55.3%	11.3%	72.6%	-3.9%	-1.6%	28.3K	-2.3M	-15.4K	0.34	43.67	114	39	9,539	1,736
2023-04-24	$6.41	$5.00	72.5%	20.8%	58.5%	11.3%	72.5%	-22.3%	-4.7%	23.9K	-1.9M	-13.2K	0.12	30.37	228	28	8,903	1,531
2023-04-25	$5.63	$5.00	81.7%	23.4%	70.6%	16.2%	78.7%	25.3%	-3.9%	17.9K	-1.3M	-11.6K	0.64	28.91	429	276	8,986	1,557
2023-04-26	$5.46	$5.00	83.7%	24.0%	68.0%	17.3%	81.9%	40.4%	-8.8%	16.2K	-1.1M	-10.9K	0.70	40.60	113	79	9,338	1,758
2023-04-27	$5.26	$5.00	81.2%	23.3%	62.4%	15.9%	81.2%	27.2%	-6.6%	15.8K	-1.0M	-10.6K	0.68	23.13	113	77	9,352	1,715
2023-04-28	$5.30	$5.00	92.9%	26.6%	62.1%	22.2%	0.0%	41.7%	-11.7%	16.2K	-1.0M	-10.4K	0.00	33.40	27	0	9,431	1,716