HYD Options History — July 2012

In July 2012, HYD traded between $64.12 and $65.66. ATM implied volatility averaged 7.4%. The 30-day expected move averaged 2.0%. IV traded above realized volatility by 4.0% (HV 20d: 3.3%). Max pain ranged from $66.00 to $68.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2012-07-02: Highest Volume — 3 contracts
  • 2012-07-12: Largest IV drop — 29.0% change
  • 2012-07-31: Largest Expected Move — 2.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$64.97$64.12$65.66$64.24$65.66
Max Pain$67.71$66.00$68.00$66.00$68.00
ATM IV7.4%6.6%9.5%7.2%8.5%
Expected Move2.0%1.9%2.4%2.1%2.4%
HV 20d3.3%2.9%3.6%3.0%2.9%
HV 60d3.2%3.0%3.3%3.2%3.1%
Term Structure-0.3%-1.6%1.9%0.1%-0.8%
VWIV8.1%8.1%8.1%8.1%8.1%
Skew 25d1.7%0.0%6.1%2.3%2.9%
Skew 10d1.8%-0.7%3.7%3.5%3.2%
Call IV 25d7.1%6.1%8.2%7.4%8.1%
Put IV 25d8.8%7.2%14.3%9.7%11.0%
Bid-Ask Spread %121.37111.72172.46119.88120.26
Gamma HHI0.750.620.870.660.62
Net GEX11.1K8.6K13.1K11.9K12.4K
Net DEX-58.5K-85.3K-34.0K-61.3K-85.3K
Net VEX-469-575-407-426-574
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.3330330
Total OI48.42946504647

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2012-07-02$64.24$66.007.2%2.1%3.0%0.0%0.0%2.3%0.1%11.9K-61.3K-4260.00119.8803388
2012-07-03$64.26$66.007.0%2.0%3.0%0.0%0.0%1.9%0.1%11.9K-45.1K-4220.00119.88003810
2012-07-05$64.12$66.007.4%2.1%3.1%0.0%0.0%2.3%-0.0%12.1K-34.0K-4170.00124.24003810
2012-07-06$64.22$68.007.7%2.0%3.1%0.0%0.0%0.0%0.7%11.9K-43.1K-4190.00112.21003810
2012-07-09$64.46$68.008.4%1.9%3.2%0.0%0.0%1.7%1.3%11.9K-46.8K-4070.00112.55023810
2012-07-10$64.46$68.008.7%1.9%3.1%0.0%0.0%1.8%1.3%11.1K-41.1K-4290.00113.40003812
2012-07-11$64.64$68.009.5%2.3%3.1%0.0%8.1%1.3%-0.0%10.2K-44.4K-4540.00117.14103812
2012-07-12$65.00$68.006.8%1.9%3.6%0.0%0.0%1.6%-0.5%9.3K-52.1K-4780.00119.63003812
2012-07-13$64.94$68.006.6%1.9%3.6%0.0%0.0%1.4%1.9%9.9K-44.3K-4330.00120.35103812
2012-07-16$65.00$68.006.8%2.0%3.6%0.0%0.0%1.6%-0.3%9.0K-47.7K-4610.00120.69003812
2012-07-17$64.94$68.007.0%2.0%3.6%0.0%0.0%1.4%-0.4%9.3K-44.8K-4340.00120.58003812
2012-07-18$65.02$68.007.1%2.0%3.5%0.0%0.0%1.7%-1.0%8.6K-47.8K-4550.00120.86003812
2012-07-19$65.08$68.007.0%2.0%3.5%0.0%0.0%1.4%-1.0%8.7K-63.7K-5220.00120.44003812
2012-07-20$65.30$68.006.6%1.9%3.5%0.0%0.0%0.8%-1.0%8.7K-56.4K-4910.00120.09003812
2012-07-23$65.40$68.006.7%1.9%3.5%0.0%0.0%0.9%-0.9%12.2K-75.8K-4950.00111.7200389
2012-07-24$65.46$68.007.3%2.1%3.4%0.0%0.0%0.5%-1.6%12.6K-74.4K-4880.00119.6100389
2012-07-25$65.48$68.007.0%2.0%3.3%0.0%0.0%0.7%-1.6%12.9K-79.0K-4980.00120.7200389
2012-07-26$65.54$68.006.9%2.0%3.3%0.0%0.0%1.6%-0.8%12.9K-78.9K-4940.00120.7200389
2012-07-27$65.64$68.007.1%2.0%3.3%0.0%0.0%6.1%-1.6%12.7K-84.2K-5750.00172.4600389
2012-07-30$65.56$68.007.1%2.0%3.4%0.0%0.0%0.9%-1.2%13.1K-78.2K-4850.00121.3100389
2012-07-31$65.66$68.008.5%2.4%2.9%0.0%0.0%2.9%-0.8%12.4K-85.3K-5740.00120.2600389