NVTS Options History — October 2023

In October 2023, NVTS traded between $4.86 and $6.94. ATM implied volatility averaged 77.9%, placing in the 33.0% IV rank vs the trailing year. The 30-day expected move averaged 22.9%. IV traded above realized volatility by 28.4% (HV 20d: 49.4%). Max pain ranged from $5.00 to $7.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 4 of 22 days. Put/call ratio averaged 0.18.

Notable Days

  • 2023-10-30: Highest Volume — 2,507 contracts
  • 2023-10-11: Largest IV spike — 52.7% change
  • 2023-10-31: Highest IV Rank — 57.1%
  • 2023-10-31: Largest Expected Move — 27.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.89$4.86$6.94$6.94$5.21
Max Pain$5.57$5.00$7.50$7.50$5.00
ATM IV77.9%50.4%97.4%62.3%97.4%
Expected Move22.9%17.9%27.9%17.9%27.9%
HV 20d49.4%32.0%61.8%32.0%61.8%
HV 60d55.2%51.7%57.4%55.4%54.7%
IV Rank33.0%0.0%57.1%13.2%57.1%
IV Percentile51.0%0.0%91.3%7.1%91.3%
Term Structure-4.2%-15.7%13.3%12.1%-15.7%
VWIV81.5%62.4%97.4%62.4%97.4%
Skew 25d20.9%-9.5%104.5%104.5%31.5%
Skew 10d62.6%4.7%146.6%143.8%48.4%
Call IV 25d71.3%57.8%89.7%60.7%71.3%
Put IV 25d92.1%79.7%165.2%165.2%102.8%
Bid-Ask Spread %31.077.2275.3967.068.08
Gamma HHI0.400.310.550.550.41
Net GEX43.6K20.9K63.3K63.3K45.5K
Net DEX-634.1K-2.0M460.9K-2.0M-470.9K
Net VEX-17.5K-27.6K-9.1K-27.6K-11.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.180.010.920.060.08
Total Volume336.591752,507304735
Total OI30,789.90930,04232,09230,42232,092

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-10-02$6.94$7.5062.3%17.9%32.0%13.2%62.4%104.5%12.1%63.3K-2.0M-27.6K0.0667.062881624,8385,584
2023-10-03$6.63$7.5062.8%18.0%34.3%13.8%0.0%25.7%13.3%59.3K-1.5M-25.4K0.0175.39160225,1465,600
2023-10-04$6.75$7.5063.8%18.3%36.0%15.1%63.5%30.6%10.3%62.3K-1.7M-25.9K0.0928.903212825,2355,598
2023-10-05$6.31$7.5075.0%21.0%40.4%28.9%72.8%12.0%-4.6%51.0K-835.3K-21.9K0.0951.3069625,2475,595
2023-10-06$6.42$7.5057.2%21.5%41.6%6.9%88.6%12.7%-3.7%55.7K-1.2M-23.2K0.0336.50145525,2435,446
2023-10-09$6.03$5.0079.4%24.1%45.2%34.2%85.2%5.4%-10.1%43.8K-511.0K-18.9K0.2936.681604625,4765,449
2023-10-10$6.41$5.0050.4%22.0%52.7%0.0%77.6%13.7%-2.4%52.7K-1.1M-21.2K0.0435.30227925,5865,469
2023-10-11$6.29$5.0077.0%22.1%51.8%32.3%77.3%11.3%-3.4%52.9K-997.0K-21.1K0.0437.39106425,7465,480
2023-10-12$6.26$5.0072.2%20.7%51.4%26.4%76.1%6.4%2.1%53.5K-1.0M-20.9K0.6256.09855325,8565,306
2023-10-13$5.87$5.0084.4%24.2%54.3%41.2%81.2%3.5%-9.0%42.9K-396.8K-17.2K0.2835.993379625,9155,306
2023-10-16$5.88$5.0078.8%22.6%53.8%34.5%77.5%-1.7%-0.2%42.8K-584.1K-17.1K0.1436.244005526,0425,008
2023-10-17$5.92$5.0083.0%23.8%54.2%39.6%80.1%4.5%-3.2%45.2K-779.8K-17.5K0.2033.241312626,0724,883
2023-10-18$5.76$5.0084.3%24.2%54.1%41.2%85.5%1.1%-2.9%40.7K-520.7K-16.0K0.0712.14109826,1794,883
2023-10-19$5.75$5.0083.6%24.0%51.4%40.3%90.1%-9.5%-9.4%40.5K-498.8K-15.8K0.0122.91138226,2494,883
2023-10-20$5.58$5.0084.5%24.2%51.3%41.3%84.4%3.2%-6.5%36.5K-263.9K-14.4K0.9210.42666126,3414,884
2023-10-23$5.42$5.0080.7%23.1%51.3%36.8%79.7%51.0%-5.6%32.2K-102.1K-12.8K0.0334.373961325,4284,640
2023-10-24$5.58$5.0084.6%24.2%52.9%41.5%84.6%40.8%-13.3%35.4K-306.1K-13.3K0.1331.98911225,4654,577
2023-10-25$5.30$5.0084.9%24.3%54.2%41.9%84.8%30.6%-7.4%30.0K-12.2K-11.7K0.607.501016125,4844,586
2023-10-26$5.20$5.0085.8%24.6%54.0%42.9%85.2%34.1%-10.3%27.2K124.6K-11.2K0.077.22134925,5114,640
2023-10-27$5.13$5.0086.8%24.9%53.7%44.2%83.8%26.2%-9.1%25.1K265.0K-10.3K0.139.911662125,5674,647
2023-10-30$4.86$5.0094.0%27.0%54.8%52.9%94.0%21.7%-13.2%20.9K460.9K-9.1K0.128.942,24726025,5374,659
2023-10-31$5.21$5.0097.4%27.9%61.8%57.1%97.4%31.5%-15.7%45.5K-470.9K-11.3K0.088.086835227,5324,560