NVTS Options History — September 2024

In September 2024, NVTS traded between $2.19 and $2.59. ATM implied volatility averaged 74.2%, placing in the 23.5% IV rank vs the trailing year. The 30-day expected move averaged 21.1%. IV traded below realized volatility by 12.0% (HV 20d: 86.3%). Max pain ranged from $2.00 to $3.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 0.79.

Notable Days

  • 2024-09-03: Highest Volume — 12,679 contracts
  • 2024-09-23: Largest IV spike — 56.8% change
  • 2024-09-09: Highest IV Rank — 40.2%
  • 2024-09-04: Largest Expected Move — 24.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.38$2.19$2.59$2.59$2.44
Max Pain$2.38$2.00$3.50$3.50$2.50
ATM IV74.2%48.6%97.5%77.7%79.5%
Expected Move21.1%13.9%24.0%22.3%22.8%
HV 20d86.3%79.7%100.8%83.5%100.8%
HV 60d74.6%69.5%81.8%71.0%81.8%
IV Rank23.5%5.2%40.2%26.0%27.3%
IV Percentile51.2%1.2%89.7%62.3%62.3%
Term Structure0.7%-32.8%28.5%2.2%11.6%
VWIV72.9%58.2%93.3%58.5%79.5%
Skew 25d-5.5%-34.1%19.7%16.6%3.8%
Skew 10d23.0%-11.4%89.8%5.8%2.9%
Call IV 25d68.5%48.8%102.4%54.6%57.0%
Put IV 25d63.0%44.8%87.1%71.2%60.9%
Bid-Ask Spread %62.8626.3487.5662.0440.24
Gamma HHI0.680.160.770.160.69
Net GEX48.2K4.1K73.6K4.1K67.8K
Net DEX-1.1M-2.6M234.5K234.5K-1.8M
Net VEX-9.1K-10.4K-5.9K-5.9K-10.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.790.033.810.100.03
Total Volume1,602.627312,67912,679539
Total OI40,186.830,27646,09330,27633,470

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-09-03$2.59$3.5077.7%22.3%83.5%26.0%58.5%16.6%2.2%4.1K234.5K-5.9K0.1062.0411,5701,10923,8516,425
2024-09-04$2.51$3.0083.8%24.0%79.7%30.4%93.3%-22.7%-16.1%46.6K-1.3M-9.8K0.2538.671,01025235,2026,522
2024-09-05$2.42$2.5080.2%23.4%80.1%27.8%80.9%5.6%-18.3%38.6K-1.1M-9.4K0.0481.108443135,6746,654
2024-09-06$2.38$2.5080.9%22.6%80.1%28.3%81.7%-10.4%-32.8%40.5K-1.0M-9.9K0.4677.731,02747636,7157,612
2024-09-09$2.27$2.5097.5%21.8%80.5%40.2%78.5%-8.8%1.6%39.7K-543.6K-8.8K3.8166.6417165136,3997,964
2024-09-10$2.29$2.5066.1%20.8%80.4%17.7%71.7%-4.4%-10.1%40.6K-426.0K-9.1K0.7575.1618213736,4548,526
2024-09-11$2.46$2.5071.7%20.5%81.4%21.7%71.5%-20.5%5.5%46.8K-1.1M-9.9K1.3474.4026835836,6068,539
2024-09-12$2.33$2.5076.6%22.0%81.0%25.2%67.8%-34.1%-0.5%43.9K-845.4K-9.3K1.0278.5019319736,7878,328
2024-09-13$2.54$2.5080.3%23.0%82.1%27.8%76.6%-8.1%-2.5%47.3K-1.6M-10.0K1.1484.0750657736,8667,869
2024-09-16$2.52$2.5071.8%20.6%81.9%21.8%71.6%-12.4%9.2%46.6K-1.5M-9.8K1.5479.8514922937,2208,378
2024-09-17$2.30$2.5076.9%22.0%85.8%25.4%73.4%18.0%3.7%44.3K-726.2K-8.7K0.7274.661,07077037,2008,010
2024-09-18$2.29$2.0076.7%22.0%85.6%25.3%76.6%-8.6%4.7%48.9K-828.5K-8.7K0.1581.5980211738,1327,272
2024-09-19$2.41$2.0071.2%20.4%87.9%21.4%59.1%-2.1%-21.0%56.3K-1.2M-9.1K0.1487.562393438,6337,248
2024-09-20$2.25$2.0048.6%13.9%90.0%5.2%58.2%-14.8%28.5%54.2K-668.6K-8.4K0.1081.161,68917638,8607,233
2024-09-23$2.19$2.0076.2%21.8%89.0%24.9%76.1%3.3%1.5%49.7K-945.1K-8.3K1.4540.0159786325,3345,667
2024-09-24$2.24$2.0053.8%15.4%89.3%8.9%69.8%-18.6%18.3%53.2K-1.0M-8.6K0.1726.343105425,6816,126
2024-09-25$2.21$2.0062.4%17.9%89.2%15.1%71.4%-27.0%-1.0%52.8K-921.7K-8.3K0.0838.662642225,7366,124
2024-09-26$2.46$2.0077.1%22.1%98.4%25.6%78.1%19.7%5.2%68.6K-2.1M-9.7K0.4327.8564327525,9766,130
2024-09-27$2.59$2.0076.1%21.8%99.2%24.9%63.8%15.6%25.1%73.6K-2.6M-10.4K2.0040.981,2182,43326,0696,244
2024-09-30$2.44$2.5079.5%22.8%100.8%27.3%79.5%3.8%11.6%67.8K-1.8M-10.1K0.0340.245241526,3047,166