HYD Options History — May 2012

In May 2012, HYD traded between $63.28 and $64.24. ATM implied volatility averaged 8.0%. The 30-day expected move averaged 2.3%. IV traded above realized volatility by 4.9% (HV 20d: 3.1%). Max pain ranged from $64.00 to $64.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 0.00.

Notable Days

  • 2012-05-08: Highest Volume — 1 contracts
  • 2012-05-21: Largest IV spike — 37.7% change
  • 2012-05-29: Largest Expected Move — 2.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$63.84$63.28$64.24$63.28$64.24
Max Pain$64.00$64.00$64.00$64.00$64.00
ATM IV8.0%6.2%10.2%7.5%9.4%
Expected Move2.3%1.9%2.9%2.2%2.7%
HV 20d3.1%2.1%3.4%3.3%3.1%
Term Structure-0.2%-2.0%1.3%-1.5%0.2%
VWIV5.4%5.4%5.4%5.4%5.4%
Skew 25d1.8%-0.1%3.9%3.4%3.4%
Skew 10d2.1%-0.5%5.2%0.2%5.2%
Call IV 25d8.3%6.0%10.6%10.5%10.0%
Put IV 25d10.2%8.0%14.1%13.9%13.4%
Bid-Ask Spread %111.77106.50118.29113.34111.79
Gamma HHI0.480.340.680.570.39
Net GEX2.2K6913.9K1.2K3.5K
Net DEX-16.5K-32.8K-7.9K-15.7K-31.0K
Net VEX-107-147-12-86-28
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.0450100
Total OI10.72710111011

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2012-05-01$63.28$0.007.5%2.2%3.3%0.0%0.0%3.4%-1.5%1.2K-15.7K-860.00113.340055
2012-05-02$63.46$0.007.0%2.0%3.3%0.0%0.0%3.5%-0.8%1.7K-17.2K-820.00114.610055
2012-05-03$63.56$0.006.8%2.0%3.2%0.0%0.0%1.2%-0.8%691-7.9K-1460.00115.550055
2012-05-04$63.68$0.006.2%1.9%3.2%0.0%0.0%2.1%1.3%917-9.1K-1430.00112.610055
2012-05-07$63.78$0.006.4%1.9%3.2%0.0%0.0%1.9%1.2%1.1K-9.4K-1400.00112.800055
2012-05-08$63.84$0.007.3%2.1%3.2%0.0%5.4%1.8%0.8%1.0K-10.1K-1400.00112.611055
2012-05-09$63.90$64.008.3%2.0%2.6%0.0%0.0%2.1%0.9%2.0K-12.8K-1470.00112.670065
2012-05-10$63.90$64.007.3%2.1%2.5%0.0%0.0%1.8%0.2%2.0K-12.9K-1470.00112.670065
2012-05-11$63.92$64.007.1%2.0%2.1%0.0%0.0%1.4%-1.3%2.8K-22.5K-820.00118.290065
2012-05-14$64.08$64.007.1%2.0%2.2%0.0%0.0%2.8%1.1%3.0K-21.4K-800.00113.640065
2012-05-15$63.92$64.007.4%2.1%2.5%0.0%0.0%-0.1%-2.0%3.2K-32.8K-140.00106.850065
2012-05-16$63.64$64.008.4%2.4%3.1%0.0%0.0%3.9%-1.8%2.1K-10.5K-1460.00106.500065
2012-05-17$63.86$64.007.2%2.1%3.2%0.0%0.0%2.5%0.3%2.8K-9.1K-1470.00108.920065
2012-05-18$63.82$64.007.0%2.0%3.1%0.0%0.0%2.6%-1.1%3.9K-32.2K-120.00108.640065
2012-05-21$63.72$64.009.6%2.8%3.2%0.0%0.0%2.1%0.8%2.0K-10.9K-1440.00112.490065
2012-05-22$63.94$64.0010.0%2.9%3.4%0.0%0.0%0.6%-1.0%2.2K-12.2K-1420.00111.300065
2012-05-23$63.88$64.007.8%2.2%3.4%0.0%0.0%-0.1%0.9%2.3K-12.1K-1410.00109.770065
2012-05-24$63.92$64.0010.2%2.9%3.4%0.0%0.0%0.2%-1.1%2.2K-12.1K-1410.00110.300065
2012-05-25$64.04$64.009.4%2.7%3.4%0.0%0.0%0.3%-0.7%1.2K-11.3K-1380.00110.970065
2012-05-29$64.06$64.0010.2%2.9%3.4%0.0%0.0%-0.1%-1.2%2.7K-20.9K-750.00110.940065
2012-05-30$64.14$64.008.3%2.4%3.1%0.0%0.0%3.0%1.0%3.2K-29.9K-320.00111.590065
2012-05-31$64.24$64.009.4%2.7%3.1%0.0%0.0%3.4%0.2%3.5K-31.0K-280.00111.790065