NVTS Options History — August 2024

In August 2024, NVTS traded between $2.90 and $3.35. ATM implied volatility averaged 83.3%, placing in the 30.9% IV rank vs the trailing year. The 30-day expected move averaged 21.6%. IV traded above realized volatility by 5.2% (HV 20d: 78.1%). Max pain ranged from $3.50 to $4.00. Net GEX was positive for 14 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 2.08.

Notable Days

  • 2024-08-05: Highest Volume — 3,926 contracts
  • 2024-08-13: Largest IV spike — 163.8% change
  • 2024-08-05: Highest IV Rank — 100.0%
  • 2024-08-02: Largest Expected Move — 39.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.09$2.90$3.35$3.35$3.02
Max Pain$3.77$3.50$4.00$4.00$3.50
ATM IV83.3%41.3%181.3%116.3%65.1%
Expected Move21.6%18.1%39.5%33.4%18.7%
HV 20d78.1%69.2%83.7%76.2%69.2%
HV 60d68.9%64.6%71.6%68.5%64.6%
IV Rank30.9%0.0%100.0%63.5%17.0%
IV Percentile54.5%0.0%100.0%95.2%28.6%
Term Structure-8.7%-57.6%36.2%-29.6%3.2%
VWIV77.1%62.8%137.6%117.1%62.9%
Skew 25d0.2%-41.7%20.8%-3.5%20.8%
Skew 10d17.2%-81.7%77.6%-81.7%5.5%
Call IV 25d73.1%38.6%128.8%128.8%38.6%
Put IV 25d73.3%55.6%140.0%125.3%59.4%
Bid-Ask Spread %54.7118.6977.4728.9762.82
Gamma HHI0.230.160.400.290.17
Net GEX6.5K-21.4K24.4K24.4K11.5K
Net DEX-53.2K-679.5K1.1M-359.8K-438.8K
Net VEX-7.8K-11.3K-6.5K-11.3K-7.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.080.0313.030.850.07
Total Volume1,206.0451903,9262,250920
Total OI34,579.526,82942,85637,17130,018

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-08-01$3.35$4.00116.3%33.4%76.2%63.5%117.1%-3.5%-29.6%24.4K-359.8K-11.3K0.8528.971,2161,03428,2358,936
2024-08-02$3.25$4.00137.7%39.5%75.6%81.8%137.6%15.0%-50.9%18.1K-78.3K-10.8K8.8618.693312,93229,3779,585
2024-08-05$3.00$4.00181.3%24.5%74.8%100.0%107.4%-41.7%-57.6%11.8K36.1K-10.0K5.9077.475693,35729,55710,712
2024-08-06$3.19$4.0097.8%19.6%80.0%39.9%91.5%-14.3%-5.3%-21.4K721.7K-9.6K7.8463.444433,47230,15912,697
2024-08-07$3.19$4.0091.7%18.1%77.5%35.6%67.0%-16.2%36.2%-7.1K517.1K-8.4K1.4158.3752774230,21310,286
2024-08-08$3.13$4.0088.3%20.9%75.2%33.1%72.6%-14.6%-28.0%-7.8K632.5K-8.1K0.6261.5027216930,21610,171
2024-08-09$3.01$4.0082.4%22.1%74.1%28.9%75.8%1.0%-2.6%-5.8K899.7K-6.9K0.0654.586243930,2959,843
2024-08-12$2.90$4.0041.3%22.3%71.9%0.0%77.8%16.5%-0.7%-3.2K1.1M-6.5K0.9655.4240038430,8359,643
2024-08-13$3.09$4.00108.9%21.8%78.1%48.3%76.3%1.4%-31.3%-2.8K100.7K-7.5K2.0551.935041,03230,9658,073
2024-08-14$2.91$4.0069.7%20.0%78.3%20.3%69.9%13.1%1.1%-6.3K654.6K-6.5K1.8836.9141377731,2318,763
2024-08-15$3.15$4.0072.7%20.8%83.0%22.4%74.2%2.1%10.8%-9.6K44.7K-7.7K0.1040.542222331,5359,446
2024-08-16$3.08$4.0068.8%19.7%82.5%19.7%67.3%20.0%-25.2%11.7K-148.9K-6.8K0.0348.999802631,5368,502
2024-08-19$3.15$3.5066.8%19.1%82.4%18.2%66.6%5.2%0.8%16.3K-679.5K-7.2K0.1547.223315122,0584,771
2024-08-20$3.04$3.5067.9%19.5%82.4%19.0%63.5%12.2%-1.1%13.8K-510.0K-7.0K0.1263.883714622,2964,810
2024-08-21$3.10$3.5067.1%19.2%82.8%18.4%64.2%3.5%-3.4%15.6K-573.9K-7.0K0.2362.471553522,5184,856
2024-08-22$3.01$3.5065.5%18.8%83.0%17.3%62.8%-1.6%1.5%14.5K-525.4K-6.7K0.0867.857326122,5464,860
2024-08-23$3.08$3.5065.8%18.9%83.7%17.5%68.5%-9.6%1.2%16.0K-575.5K-7.0K0.1761.043505922,6004,898
2024-08-26$3.13$3.5069.2%19.8%83.3%19.9%69.4%-5.9%-4.1%15.3K-585.5K-6.9K0.4264.1325010522,6994,951
2024-08-27$3.12$3.5070.8%20.3%77.9%21.1%69.8%6.2%-2.0%15.3K-597.7K-7.0K13.0361.95801,04222,8875,028
2024-08-28$2.96$3.5071.2%20.4%77.1%21.3%68.3%7.5%-8.9%9.8K-285.9K-7.0K0.5363.521467822,9146,061
2024-08-29$3.08$3.5065.7%18.8%69.7%17.5%65.6%-12.1%4.6%12.6K-506.7K-7.4K0.3052.0194828523,0516,116
2024-08-30$3.02$3.5065.1%18.7%69.2%17.0%62.9%20.8%3.2%11.5K-438.8K-7.5K0.0762.828615923,6526,366