NVTS Options History — April 2025

In April 2025, NVTS traded between $1.62 and $2.02. ATM implied volatility averaged 107.4%, placing in the 46.4% IV rank vs the trailing year. The 30-day expected move averaged 31.2%. IV traded below realized volatility by 10.6% (HV 20d: 118.0%). Max pain ranged from $2.00 to $2.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 0.33.

Notable Days

  • 2025-04-16: Highest Volume — 5,189 contracts
  • 2025-04-07: Largest IV spike — 68.3% change
  • 2025-04-08: Highest IV Rank — 62.1%
  • 2025-04-08: Largest Expected Move — 35.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.84$1.62$2.02$2.00$1.92
Max Pain$2.00$2.00$2.00$2.00$2.00
ATM IV107.4%76.8%129.8%97.3%121.7%
Expected Move31.2%25.3%35.2%29.8%34.9%
HV 20d118.0%108.5%128.0%114.3%108.6%
HV 60d111.9%107.8%116.8%115.5%108.9%
IV Rank46.4%24.9%62.1%39.3%56.5%
IV Percentile68.0%28.6%92.1%58.3%84.9%
Term Structure-5.4%-29.6%33.3%6.2%-24.6%
VWIV112.1%92.2%133.7%101.9%121.7%
Skew 25d-3.4%-43.5%32.8%-0.9%32.8%
Skew 10d16.5%-20.1%100.1%-7.2%-20.1%
Call IV 25d100.1%56.4%133.8%83.7%70.9%
Put IV 25d96.7%63.2%124.5%82.9%103.7%
Bid-Ask Spread %54.3840.3488.5142.0647.58
Gamma HHI0.180.180.190.190.19
Net GEX33.7K24.6K44.0K37.8K41.4K
Net DEX-2.2M-3.0M-1.6M-2.3M-2.7M
Net VEX-22.2K-25.8K-19.0K-23.5K-24.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.330.001.990.790.38
Total Volume848.5711325,189541132
Total OI54,650.61952,31760,38452,31755,473

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-04-01$2.00$2.0097.3%29.8%114.3%39.3%101.9%-0.9%6.2%37.8K-2.3M-23.5K0.7942.0630223946,2246,093
2025-04-02$1.92$2.00100.7%30.5%111.0%41.7%105.9%-26.4%-7.3%34.7K-2.2M-22.7K0.1645.223565846,4186,218
2025-04-03$1.67$2.00117.0%33.5%118.8%53.1%119.5%-9.2%-12.0%26.2K-1.6M-19.8K0.0940.341,1269746,5786,218
2025-04-04$1.81$2.0076.8%34.1%124.0%24.9%119.9%-34.0%-5.3%30.4K-2.0M-21.6K0.2579.7670718047,3545,955
2025-04-07$1.71$2.00129.2%32.7%120.5%61.7%114.5%30.2%-29.6%28.0K-1.8M-20.0K0.8088.5142534247,7926,049
2025-04-08$1.62$2.00129.8%35.2%108.7%62.1%128.7%-13.9%3.9%24.6K-1.6M-19.1K0.2346.1946110847,9666,150
2025-04-09$1.91$2.0095.3%27.3%127.1%37.9%92.2%23.5%10.0%34.4K-2.2M-21.9K0.1542.721,14617448,2525,943
2025-04-10$1.73$2.0088.2%25.3%128.0%32.9%119.7%-43.5%1.9%28.0K-1.8M-20.3K0.6877.7023816348,6506,012
2025-04-11$1.81$2.00107.8%30.9%122.2%46.7%108.5%11.8%8.5%30.8K-2.0M-21.1K0.1142.055746448,7536,046
2025-04-14$1.75$2.0093.6%26.8%118.4%36.7%116.1%0.0%33.3%26.7K-1.8M-19.7K1.9964.5227554749,2356,020
2025-04-15$1.75$2.00122.7%35.2%117.4%57.1%107.2%-5.9%-19.7%26.5K-1.7M-19.9K0.5152.3089745449,3626,074
2025-04-16$1.71$2.00108.1%31.0%116.8%46.9%103.6%22.4%1.2%28.2K-1.6M-19.0K0.0053.105,1771250,7565,933
2025-04-17$1.83$2.0098.1%28.1%118.3%39.8%101.0%30.4%-1.5%33.8K-2.1M-22.8K0.3560.262007154,4725,912
2025-04-21$1.81$2.00111.2%31.9%118.2%49.0%112.6%-2.1%-16.0%33.6K-2.1M-22.1K0.0287.18199448,8715,098
2025-04-22$1.79$2.00108.6%31.1%118.2%47.2%108.6%-10.7%-6.7%34.7K-2.2M-22.7K0.2447.463819148,9045,101
2025-04-23$1.85$2.00107.3%30.8%118.9%46.3%107.2%10.5%-5.6%36.8K-2.5M-23.7K0.0548.644572549,0665,190
2025-04-24$2.02$2.00108.1%31.0%123.2%46.9%103.0%-13.0%-12.4%42.1K-2.9M-25.8K0.0246.705551049,1515,215
2025-04-25$2.01$2.00111.0%31.8%122.5%49.0%113.0%-16.4%-17.6%42.7K-3.0M-25.7K0.0243.366771349,5005,218
2025-04-28$2.00$2.00106.3%30.5%115.1%45.6%116.4%-23.5%-1.8%44.0K-2.9M-25.6K0.1145.051661849,9575,218
2025-04-29$1.96$2.00117.3%33.6%108.5%53.4%133.7%-33.0%-18.9%42.5K-2.8M-25.0K0.0141.18692750,0305,236
2025-04-30$1.92$2.00121.7%34.9%108.6%56.5%121.7%32.8%-24.6%41.4K-2.7M-24.5K0.3847.58963650,2335,240