Electrovaya Inc. (ELVA) Options Statistics & Positioning

Electrovaya Inc. (ELVA) options trade at a 30-day at-the-money implied volatility of 193.2%, an IV rank of 100 out of 100 over the past year. The options market prices a ±$2.51 (±26.8%) move in ELVA for the front expiration. Max pain sits at $10 and the put/call open interest ratio is 1.35. Statistics are computed by OptiView from delayed OPRA options data and refresh every trading day.

Data as of Jul 10, 2026, 8:00 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close

$9.40

52-week range

$8.43 – $12.69

ATM IV (30d)

193.2%

IV rank

100 / 100

High

Expected move

±$2.51 (±26.8%)

Put/call OI

1.35

Put-heavy

Max pain

$10

↑ 6.4% above close

Most Active ELVA Contracts

Contract	Expiration	DTE	Last	IV	Volume
ELVA $7.5 put	Jul 17, 2026	7d	$0.22	135.8%	2
ELVA $12.5 call	Aug 21, 2026	42d	$0.30	118.2%	2
ELVA $7.5 call	Feb 19, 2027	224d	$3.30	107.8%	1

See all active ELVA contracts →

Explore ELVA Options Statistics

ELVA Implied Volatility

193.2% ATM IV (30d)

An IV rank of 100 places implied volatility near the top of its 52-week range.

Full implied volatility analysis →

ELVA Open Interest

1.35 put/call OI ratio

2,491 calls and 3,367 puts outstanding across all expirations.

Full open interest analysis →

ELVA Max Pain

$10 max pain

6.4% above the last close — see how max pain has moved over the past year.

Full max pain analysis →

ELVA Gamma Exposure

-$1.55M net GEX

Negative dealer gamma — hedging can currently amplify price swings.

Full gamma exposure analysis →

ELVA Options Volume

5 contracts traded

Put/call volume ratio 0.67 — plus contracts running far above their usual volume.

Full volume & flow analysis →

ELVA Most Active Options

$7.5 top volume strike

The 25 most actively traded ELVA contracts with price, IV, greeks, and volume vs. average.

Full active contracts analysis →

Explore the payoff profile of option on ELVA for free

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ELVA Options FAQ

How often is ELVA options data on this page updated?

All ELVA statistics on this page are computed by OptiView from delayed OPRA options data and refresh every trading day after the session close.

Where can I see ELVA max pain, open interest, and implied volatility in detail?

OptiView publishes dedicated ELVA pages for implied volatility, max pain, open interest, gamma exposure, options volume, and the most active contracts — each with charts, history, and a plain-English explanation of what the numbers mean.

Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.

Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.