NVTS Options History — April 2026

In April 2026, NVTS traded between $8.50 and $15.25. ATM implied volatility averaged 111.0%, placing in the 30.5% IV rank vs the trailing year. The 30-day expected move averaged 31.8%. IV traded above realized volatility by 6.3% (HV 20d: 104.7%). Max pain ranged from $8.00 to $10.00. Net GEX was positive for 14 of 14 trading days. Term structure was in contango for 5 of 14 days. Put/call ratio averaged 0.43.

Notable Days

2026-04-21: Highest Volume — 169,744 contracts
2026-04-21: Largest IV spike — 9.8% change
2026-04-21: Highest IV Rank — 49.2%
2026-04-21: Largest Expected Move — 38.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$10.45	$8.50	$15.25	$8.54	$15.25
Max Pain	$8.57	$8.00	$10.00	$9.00	$10.00
ATM IV	111.0%	95.7%	135.5%	97.1%	135.5%
Expected Move	31.8%	27.4%	38.8%	27.8%	38.8%
HV 20d	104.7%	87.8%	120.8%	117.0%	112.1%
HV 60d	116.7%	114.8%	119.4%	117.4%	117.7%
IV Rank	30.5%	18.8%	49.2%	19.9%	49.2%
IV Percentile	67.3%	34.9%	92.5%	38.1%	92.5%
Term Structure	-0.9%	-8.8%	10.9%	7.5%	-8.8%
VWIV	113.8%	96.6%	142.2%	96.6%	142.2%
Skew 25d	0.9%	-9.8%	6.2%	3.3%	-9.8%
Skew 10d	6.3%	-8.7%	18.7%	13.1%	-7.4%
Call IV 25d	113.5%	93.6%	146.7%	97.6%	146.7%
Put IV 25d	114.4%	98.6%	136.8%	100.9%	136.8%
Bid-Ask Spread %	16.52	10.51	26.22	15.28	15.44
Gamma HHI	0.12	0.09	0.19	0.09	0.09
Net GEX	1.4M	619.1K	2.5M	718.8K	1.6M
Net DEX	-135.7M	-293.6M	-63.6M	-66.9M	-293.6M
Net VEX	-564.2K	-693.8K	-488.2K	-501.2K	-693.8K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.43	0.19	0.74	0.38	0.33
Total Volume	56,703.071	15,124	169,744	25,480	169,744
Total OI	350,613.714	320,102	402,172	340,871	355,943

Daily Data (14 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2026-04-01	$8.54	$9.00	97.1%	27.8%	117.0%	19.9%	96.6%	3.3%	7.5%	718.8K	-66.9M	-501.2K	0.38	15.28	18,422	7,058	250,480	90,391
2026-04-02	$8.77	$8.00	95.7%	27.4%	116.9%	18.8%	104.0%	5.0%	10.9%	625.5K	-73.3M	-504.8K	0.46	18.91	20,245	9,268	254,830	91,106
2026-04-06	$8.82	$8.00	104.4%	29.9%	112.8%	25.4%	107.9%	6.2%	0.1%	734.8K	-74.2M	-499.9K	0.74	21.93	12,791	9,500	236,237	83,865
2026-04-07	$8.50	$8.00	106.7%	30.6%	113.6%	27.2%	108.0%	5.4%	0.7%	619.1K	-63.6M	-488.2K	0.67	26.22	9,046	6,078	242,882	86,350
2026-04-08	$9.59	$8.00	108.6%	31.1%	120.8%	28.7%	108.8%	4.9%	-0.9%	1.4M	-105.7M	-532.0K	0.52	16.55	46,093	24,069	245,361	88,980
2026-04-09	$9.50	$8.00	109.4%	31.4%	93.6%	29.3%	109.9%	2.8%	0.1%	1.3M	-98.9M	-542.5K	0.56	11.48	16,715	9,372	259,046	101,427
2026-04-10	$9.54	$8.00	106.4%	30.5%	90.9%	27.0%	107.9%	0.9%	-0.3%	1.3M	-102.1M	-537.8K	0.33	13.65	24,284	8,111	262,725	102,907
2026-04-13	$9.80	$8.00	107.8%	30.9%	91.5%	28.0%	107.8%	3.1%	-1.8%	1.4M	-106.1M	-545.3K	0.34	14.50	25,784	8,702	248,957	83,621
2026-04-14	$9.88	$9.00	107.9%	30.9%	89.8%	28.2%	109.8%	-0.7%	-2.4%	1.8M	-113.6M	-553.7K	0.44	16.70	26,738	11,828	262,239	87,411
2026-04-15	$10.13	$9.00	110.8%	31.8%	87.8%	30.4%	111.9%	-0.6%	-4.3%	2.0M	-125.9M	-572.5K	0.37	16.84	26,145	9,764	270,945	93,057
2026-04-16	$12.34	$9.00	120.7%	34.6%	107.1%	37.9%	124.1%	-3.1%	-3.2%	2.4M	-225.0M	-626.5K	0.19	10.51	118,283	22,268	274,598	96,724
2026-04-17	$12.41	$9.00	120.2%	34.5%	107.1%	37.5%	123.4%	-4.8%	-5.2%	2.5M	-234.8M	-643.5K	0.27	18.84	64,827	17,474	295,915	106,257
2026-04-20	$13.21	$9.00	123.4%	35.4%	104.5%	40.0%	130.6%	0.4%	-5.2%	1.7M	-216.5M	-657.2K	0.48	14.39	48,213	23,021	250,287	86,051
2026-04-21	$15.25	$10.00	135.5%	38.8%	112.1%	49.2%	142.2%	-9.8%	-8.8%	1.6M	-293.6M	-693.8K	0.33	15.44	127,893	41,851	259,348	96,595