NVTS Options History — July 2024

In July 2024, NVTS traded between $3.58 and $4.83. ATM implied volatility averaged 83.9%, placing in the 35.7% IV rank vs the trailing year. The 30-day expected move averaged 24.2%. IV traded above realized volatility by 29.2% (HV 20d: 54.8%). Max pain ranged from $3.00 to $4.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 4 of 22 days. Put/call ratio averaged 0.95.

Notable Days

  • 2024-07-09: Highest Volume — 9,207 contracts
  • 2024-07-15: Largest IV spike — 25.3% change
  • 2024-07-31: Highest IV Rank — 74.8%
  • 2024-07-31: Largest Expected Move — 37.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.19$3.58$4.83$3.91$3.74
Max Pain$3.66$3.00$4.00$4.00$4.00
ATM IV83.9%60.4%129.5%63.3%129.5%
Expected Move24.2%17.2%37.1%18.2%37.1%
HV 20d54.8%42.0%66.4%61.3%66.4%
HV 60d65.0%63.3%66.8%66.1%65.6%
IV Rank35.7%15.6%74.8%18.1%74.8%
IV Percentile63.1%11.1%98.4%22.6%98.4%
Term Structure-10.1%-47.6%33.1%-20.1%-47.6%
VWIV87.4%63.4%124.6%63.4%124.6%
Skew 25d-5.1%-58.1%18.1%18.1%-8.3%
Skew 10d4.3%-44.3%34.8%14.0%-22.0%
Call IV 25d87.5%48.0%113.6%48.0%105.0%
Put IV 25d82.4%51.1%118.2%66.1%96.7%
Bid-Ask Spread %67.7532.3599.0285.4832.35
Gamma HHI0.380.320.450.320.32
Net GEX76.2K31.2K141.3K31.2K47.9K
Net DEX-3.0M-6.1M-800.8K-1.6M-1.5M
Net VEX-15.0K-19.0K-11.0K-12.0K-13.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.950.016.150.274.03
Total Volume1,201.455899,2073362,289
Total OI29,970.27322,63135,41122,63135,411

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-07-01$3.91$4.0063.3%18.2%61.3%18.1%63.4%18.1%-20.1%31.2K-1.6M-12.0K0.2785.482647217,7674,864
2024-07-02$4.00$4.0061.6%17.6%59.8%16.6%65.0%-14.1%-4.2%36.3K-1.8M-12.2K0.4193.921666817,9134,876
2024-07-03$4.03$4.0065.8%18.9%59.8%20.2%68.5%-6.4%2.8%37.9K-1.9M-12.2K0.2999.021183417,9824,897
2024-07-05$4.12$3.0060.4%17.2%48.3%15.6%78.1%-28.9%33.1%40.8K-2.0M-12.3K1.4193.03375218,0494,931
2024-07-08$4.36$3.0070.9%19.9%52.4%24.5%80.2%6.5%-16.0%48.4K-2.6M-13.3K0.0571.076693618,0424,961
2024-07-09$4.28$3.0071.5%24.5%51.1%25.1%86.7%-0.7%-3.6%47.3K-2.6M-13.9K0.0167.509,1426518,5604,996
2024-07-10$4.46$3.0086.0%24.7%53.1%37.5%85.2%3.6%-6.7%115.6K-4.6M-18.2K0.0263.366241227,3495,040
2024-07-11$4.61$3.0083.5%23.9%54.4%35.4%84.9%3.4%0.7%122.3K-5.1M-18.9K0.0951.897806727,3985,036
2024-07-12$4.70$3.0066.7%19.1%50.3%21.0%83.8%-3.4%-5.3%120.8K-5.4M-19.0K0.0964.528387226,7035,064
2024-07-15$4.83$3.0083.6%24.0%48.8%35.5%88.5%3.9%-5.4%134.4K-6.1M-18.9K0.5956.6445026726,7715,039
2024-07-16$4.83$3.5076.0%21.8%42.0%28.9%86.7%0.2%-1.5%141.3K-5.8M-18.5K2.9080.4430588326,9025,081
2024-07-17$4.56$4.0078.1%22.4%46.8%30.8%75.1%-58.1%-38.2%109.6K-4.6M-17.7K0.4689.7642019426,9325,648
2024-07-18$4.21$4.0075.3%21.6%55.3%28.4%74.7%-25.8%14.5%89.8K-3.3M-16.0K0.3392.2785228027,2335,766
2024-07-19$4.04$4.0090.0%25.8%56.1%40.9%87.5%-31.9%-7.3%73.6K-2.7M-15.3K6.1573.601781,09427,3375,888
2024-07-22$4.14$4.0092.8%26.6%56.4%43.3%88.8%4.5%-10.4%79.7K-2.7M-15.3K0.0566.595572825,7245,732
2024-07-23$4.16$4.0094.5%27.1%54.7%44.7%89.2%6.2%-16.9%84.7K-2.8M-15.5K0.2661.241594126,1345,730
2024-07-24$4.00$4.0097.0%27.8%55.3%46.9%97.7%-5.3%-17.2%75.0K-2.3M-14.8K0.2662.782917726,3545,734
2024-07-25$3.96$4.0093.0%26.7%55.2%43.5%95.7%2.4%-13.5%72.4K-2.3M-14.4K0.3758.7437313726,4035,782
2024-07-26$3.83$4.0092.2%26.4%56.3%42.8%97.2%2.8%-15.6%62.6K-1.7M-13.3K1.6857.6046177426,6405,878
2024-07-29$3.92$4.0095.7%27.4%56.3%45.8%101.9%14.9%-13.6%62.3K-1.7M-13.3K0.1334.193374526,6186,601
2024-07-30$3.58$4.00118.7%34.0%64.8%65.5%118.9%4.3%-29.7%41.6K-800.8K-11.0K1.1534.481,3161,50826,8556,725
2024-07-31$3.74$4.00129.5%37.1%66.4%74.8%124.6%-8.3%-47.6%47.9K-1.5M-13.1K4.0332.354551,83427,8147,597