NVTS Options History — June 2023

In June 2023, NVTS traded between $8.79 and $10.54. ATM implied volatility averaged 70.1%, placing in the 9.9% IV rank vs the trailing year. The 30-day expected move averaged 19.2%. IV traded below realized volatility by 31.5% (HV 20d: 101.6%). Max pain ranged from $7.50 to $10.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 19 of 21 days. Put/call ratio averaged 0.16.

Notable Days

  • 2023-06-12: Highest Volume — 3,517 contracts
  • 2023-06-02: Largest IV drop — 30.2% change
  • 2023-06-01: Highest IV Rank — 21.1%
  • 2023-06-01: Largest Expected Move — 26.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.36$8.79$10.54$8.80$10.54
Max Pain$7.62$7.50$10.00$7.50$10.00
ATM IV70.1%61.5%90.8%90.8%63.6%
Expected Move19.2%17.6%26.0%26.0%18.2%
HV 20d101.6%41.8%133.1%133.1%46.6%
HV 60d94.0%89.7%99.8%99.8%90.6%
IV Rank9.9%5.3%21.1%21.1%6.5%
IV Percentile16.2%2.4%59.5%59.5%5.6%
Term Structure10.0%-19.3%99.9%-19.3%16.1%
VWIV67.9%62.4%86.9%86.9%64.3%
Skew 25d4.7%-14.5%23.7%-0.9%1.1%
Skew 10d23.7%-23.3%82.2%63.2%-0.7%
Call IV 25d65.3%49.0%88.5%88.5%64.8%
Put IV 25d70.0%53.7%87.6%87.6%65.8%
Bid-Ask Spread %45.7221.1767.7025.0967.70
Gamma HHI0.660.540.750.670.54
Net GEX219.6K166.5K295.5K179.2K228.7K
Net DEX-9.7M-13.6M-6.7M-8.6M-12.2M
Net VEX-40.0K-46.4K-35.3K-36.5K-43.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.160.010.700.050.17
Total Volume954.6671403,5171,652906
Total OI25,634.42922,22828,73025,32124,046

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-06-01$8.80$7.5090.8%26.0%133.1%21.1%86.9%-0.9%-19.3%179.2K-8.6M-36.5K0.0525.091,5668622,4552,866
2023-06-02$8.88$7.5063.3%18.1%132.6%6.3%75.0%-1.9%-7.0%195.4K-9.1M-39.3K0.2332.451764123,6272,928
2023-06-05$9.07$7.5078.1%19.3%130.9%14.2%74.0%7.5%6.5%211.9K-9.9M-40.1K0.0734.072741823,6942,935
2023-06-06$9.02$7.5065.9%19.6%130.0%7.7%69.4%1.8%5.0%212.4K-9.5M-39.5K0.1641.704467223,6632,950
2023-06-07$9.07$7.5084.5%19.9%129.8%17.7%69.1%3.5%4.6%215.2K-9.7M-39.8K0.5859.3029517223,7842,957
2023-06-08$9.29$7.5067.9%17.8%129.7%8.8%62.6%7.4%10.0%237.0K-10.2M-40.1K0.0158.389681023,7813,055
2023-06-09$9.23$7.5068.8%18.2%128.5%9.2%64.2%3.3%7.1%224.8K-9.8M-38.8K0.0244.58142323,1373,054
2023-06-12$9.84$7.5089.1%19.5%129.1%20.2%68.6%-2.8%8.4%252.5K-12.2M-40.7K0.0357.963,41310423,1353,082
2023-06-13$10.09$7.5075.0%18.9%128.5%12.6%67.5%0.2%9.4%281.8K-13.6M-46.1K0.0631.681,77511124,8363,179
2023-06-14$10.04$7.5068.2%19.6%110.7%8.9%67.3%8.1%7.4%295.5K-13.4M-46.4K0.0357.726361725,4283,263
2023-06-15$9.59$7.5064.2%18.4%112.0%6.8%66.4%2.5%99.9%278.4K-11.5M-44.3K0.0644.234192625,3963,269
2023-06-16$9.38$7.5067.4%19.3%112.4%8.5%63.1%12.2%8.7%222.6K-10.3M-41.8K0.0639.523922325,4403,290
2023-06-20$9.05$7.5068.7%19.7%113.3%9.2%68.9%11.4%3.8%214.1K-8.2M-38.7K0.2256.721,28928923,1171,877
2023-06-21$8.89$7.5064.5%18.5%109.6%7.0%65.6%4.6%7.8%196.5K-7.3M-37.0K0.0221.171,1772322,1152,156
2023-06-22$8.91$7.5068.0%19.5%108.9%8.8%67.9%2.2%3.2%176.7K-7.1M-35.5K0.1521.181752721,1242,172
2023-06-23$8.79$7.5066.3%19.0%58.2%7.9%66.9%6.2%11.9%171.5K-6.7M-35.7K0.0454.072,49411221,2512,199
2023-06-26$9.04$7.5067.5%19.4%58.6%8.6%67.4%6.3%7.0%166.5K-7.0M-35.3K0.0245.961,2992319,9682,260
2023-06-27$9.34$7.5065.7%18.8%41.8%7.6%65.3%17.2%2.3%193.0K-8.0M-38.3K0.0955.571281221,2312,279
2023-06-28$9.80$7.5062.7%18.0%44.5%6.0%62.4%23.7%10.9%224.0K-9.7M-40.5K0.7050.0816411421,3042,288
2023-06-29$9.96$7.5061.5%17.6%44.4%5.3%62.5%-14.5%6.3%233.2K-10.0M-42.1K0.6561.0338324821,3462,386
2023-06-30$10.54$10.0063.6%18.2%46.6%6.5%64.3%1.1%16.1%228.7K-12.2M-43.9K0.1767.7077413221,4582,588