NVTS Options History — April 2024

In April 2024, NVTS traded between $3.63 and $4.80. ATM implied volatility averaged 84.0%, placing in the 35.8% IV rank vs the trailing year. The 30-day expected move averaged 24.8%. IV traded above realized volatility by 22.7% (HV 20d: 61.4%). Max pain ranged from $4.00 to $5.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 4 of 22 days. Put/call ratio averaged 0.27.

Notable Days

  • 2024-04-04: Highest Volume — 3,911 contracts
  • 2024-04-05: Largest IV spike — 15.5% change
  • 2024-04-30: Highest IV Rank — 48.0%
  • 2024-04-30: Largest Expected Move — 28.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.27$3.63$4.80$4.80$4.31
Max Pain$4.14$4.00$5.00$5.00$4.00
ATM IV84.0%64.5%98.3%70.0%98.3%
Expected Move24.8%20.1%28.2%20.1%28.2%
HV 20d61.4%54.9%70.2%70.2%65.6%
HV 60d67.4%65.0%70.9%65.8%70.9%
IV Rank35.8%19.1%48.0%23.8%48.0%
IV Percentile71.8%25.0%92.5%45.2%92.5%
Term Structure-5.8%-27.6%13.5%13.5%-23.7%
VWIV84.8%67.7%96.5%67.7%93.2%
Skew 25d3.2%-22.0%48.5%22.5%-0.2%
Skew 10d21.2%-27.3%110.1%36.9%10.8%
Call IV 25d81.1%45.6%101.6%58.8%88.1%
Put IV 25d84.3%65.0%99.3%81.3%88.0%
Bid-Ask Spread %61.0735.6772.3635.6761.53
Gamma HHI0.490.350.660.350.46
Net GEX79.9K53.5K116.1K62.6K105.5K
Net DEX-2.0M-3.6M-574.6K-2.4M-2.9M
Net VEX-15.0K-20.2K-10.2K-17.9K-14.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.270.011.040.070.38
Total Volume1,054.2731653,911873250
Total OI37,617.36432,36642,70032,36635,967

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-04-01$4.80$5.0070.0%20.1%70.2%23.8%67.7%22.5%13.5%62.6K-2.4M-17.9K0.0735.678145926,7725,594
2024-04-02$4.63$5.0074.5%21.4%69.6%27.6%74.6%12.1%2.3%59.9K-1.9M-16.3K0.3145.381,67252427,3085,636
2024-04-03$4.62$5.0071.8%20.6%66.0%25.4%73.6%9.7%4.2%66.0K-2.1M-17.3K0.2247.2544910128,3935,899
2024-04-04$4.50$4.0064.5%24.2%66.3%19.1%79.5%2.7%-0.6%62.9K-1.8M-16.1K0.0144.663,8842728,3705,974
2024-04-05$4.58$4.0074.6%24.7%66.6%27.7%90.0%10.5%-8.2%86.2K-2.6M-17.9K0.7360.0670951731,9455,988
2024-04-08$4.58$4.0074.2%24.3%57.2%27.4%86.8%2.7%-2.6%93.2K-2.6M-17.7K0.0562.511,1826232,7225,830
2024-04-09$4.70$4.0076.3%25.0%54.9%29.2%86.2%48.5%-7.5%106.4K-3.6M-20.2K0.2266.2953611633,5395,835
2024-04-10$4.29$4.0079.5%22.8%62.7%31.9%82.2%-13.9%10.4%82.7K-1.7M-16.0K0.5365.4161532533,6325,858
2024-04-11$4.36$4.0087.6%25.1%63.2%38.9%78.6%13.2%-8.9%86.6K-1.9M-16.3K0.0362.825882033,7895,931
2024-04-12$4.29$4.0087.4%25.1%54.9%38.7%80.9%-5.6%-5.0%79.2K-1.8M-15.9K0.3970.0036614134,2875,936
2024-04-15$4.17$4.0090.6%26.0%55.6%41.4%89.1%-8.3%-5.9%74.1K-1.2M-14.5K0.1461.7693612834,5016,045
2024-04-16$4.01$4.0088.7%25.4%56.6%39.8%80.9%-12.3%-12.0%65.4K-828.4K-13.0K1.0463.7250652635,0396,140
2024-04-17$3.96$4.0090.8%26.0%56.1%41.6%91.7%4.3%-8.5%68.4K-860.0K-13.1K0.0867.592,27019235,0256,150
2024-04-18$3.88$4.0093.1%26.7%56.2%43.5%93.9%9.6%-12.5%74.1K-1.1M-12.7K0.0772.111,1127536,4475,547
2024-04-19$3.67$4.0086.5%24.8%57.9%38.0%86.0%-1.9%-2.9%53.5K-574.6K-10.6K0.3572.3696934237,2555,445
2024-04-22$3.63$4.0087.0%24.9%55.3%38.3%83.3%17.8%-7.5%53.9K-942.2K-10.2K0.1665.524527231,4933,945
2024-04-23$3.83$4.0089.2%25.6%57.7%40.3%84.5%-0.4%-8.2%65.9K-1.4M-11.5K0.3572.3137013031,6603,964
2024-04-24$4.14$4.0087.5%25.1%64.6%38.7%86.2%-11.3%-1.9%91.5K-2.4M-13.9K0.2269.2461313531,8924,062
2024-04-25$4.13$4.0089.3%25.6%60.9%40.3%91.8%-22.0%-5.8%90.9K-2.4M-13.8K0.3371.071244131,7774,080
2024-04-26$4.46$4.0091.0%26.1%65.8%41.7%88.5%-3.3%-27.6%111.9K-3.4M-15.6K0.0751.078286031,8354,110
2024-04-29$4.46$4.0096.4%27.6%65.7%46.4%96.5%-3.4%-9.0%116.1K-3.6M-15.8K0.1955.292985831,8454,120
2024-04-30$4.31$4.0098.3%28.2%65.6%48.0%93.2%-0.2%-23.7%105.5K-2.9M-14.2K0.3861.531816931,8184,149