HYD Options History — April 2013

In April 2013, HYD traded between $65.60 and $66.28. ATM implied volatility averaged 6.6%, placing in the 3.0% IV rank vs the trailing year. The 30-day expected move averaged 1.8%. IV traded above realized volatility by 2.3% (HV 20d: 4.3%). Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 16 of 22 days.

Notable Days

  • 2013-04-22: Highest Volume — 10 contracts
  • 2013-04-11: Largest IV drop — 25.7% change
  • 2013-04-09: Highest IV Rank — 4.6%
  • 2013-04-04: Largest Expected Move — 2.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$66.02$65.60$66.28$65.68$66.28
ATM IV6.6%5.6%8.1%7.0%6.4%
Expected Move1.8%1.6%2.1%2.0%1.8%
HV 20d4.3%3.8%5.2%5.1%3.8%
HV 60d3.9%3.7%4.0%3.7%3.9%
IV Rank3.0%2.0%4.6%3.4%2.8%
IV Percentile26.2%4.8%61.1%33.7%19.4%
Term Structure0.7%-1.7%3.9%-1.7%3.9%
VWIV9.8%9.8%9.8%9.8%9.8%
Skew 25d1.1%-0.8%4.3%0.5%4.3%
Skew 10d0.9%-1.1%2.6%-0.1%1.5%
Call IV 25d6.9%4.6%8.2%8.0%4.6%
Put IV 25d8.0%6.2%9.6%8.4%8.9%
Bid-Ask Spread %92.9136.95123.90123.9052.33
Gamma HHI0.480.300.610.300.41
Net GEX-17.0K-24.1K-12.9K-15.0K-24.1K
Net DEX125.6K76.3K194.0K113.7K142.7K
Net VEX-659-962-446-962-673
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume1.182010010
Total OI94.8649110691106

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2013-04-01$65.68$0.007.0%2.0%5.1%3.4%0.0%0.5%-1.7%-15.0K113.7K-9620.00123.90001279
2013-04-02$65.60$0.006.1%1.8%5.0%2.5%0.0%2.2%1.1%-22.8K120.2K-8640.00111.47001279
2013-04-03$65.74$0.006.2%1.8%5.1%2.6%0.0%2.5%3.6%-20.5K100.7K-5290.00113.10011279
2013-04-04$65.88$0.007.4%2.1%5.0%3.8%0.0%1.3%1.1%-20.4K88.9K-4820.00123.45001279
2013-04-05$66.14$0.007.2%1.9%5.2%3.6%0.0%0.9%0.0%-15.1K117.0K-7180.00107.65001279
2013-04-08$65.82$0.007.8%1.8%4.1%4.3%0.0%-0.7%-0.1%-20.0K94.1K-5040.00110.08001279
2013-04-09$66.12$0.008.1%1.6%4.3%4.6%0.0%1.3%0.9%-14.9K116.8K-7030.00111.96001279
2013-04-10$65.90$0.008.0%1.8%4.5%4.5%0.0%-0.8%-0.2%-19.5K84.1K-4470.00110.51001279
2013-04-11$66.06$0.005.9%1.7%4.5%2.4%0.0%1.3%0.4%-17.4K77.0K-4580.00111.68001279
2013-04-12$66.02$0.006.4%1.8%4.5%2.9%0.0%1.0%-0.3%-17.6K76.3K-4460.00106.92001279
2013-04-15$66.20$0.005.6%1.6%4.2%2.0%0.0%1.6%0.9%-12.9K112.3K-6190.00112.76001279
2013-04-16$66.12$0.005.7%1.6%4.1%2.1%0.0%1.3%0.2%-14.4K109.9K-6210.00109.64001279
2013-04-17$66.08$0.006.2%1.8%3.9%2.6%0.0%1.7%0.2%-14.2K111.6K-6190.00113.66001279
2013-04-18$66.02$0.006.3%1.8%3.9%2.7%0.0%1.7%-0.1%-14.6K116.2K-6100.00112.45001279
2013-04-19$66.10$0.006.0%1.7%3.9%2.4%0.0%2.0%0.1%-13.9K112.9K-6040.00112.24001279
2013-04-22$65.96$0.006.5%1.9%3.9%2.9%0.0%-0.5%-0.2%-13.8K115.2K-5920.0073.980101279
2013-04-23$66.06$0.006.2%1.8%3.9%2.6%0.0%-0.2%0.9%-15.5K187.3K-7170.0051.14051289
2013-04-24$66.16$0.006.4%1.8%3.8%2.8%0.0%0.7%1.3%-17.2K194.0K-8390.0045.92001294
2013-04-25$66.14$0.006.9%2.0%3.8%3.4%0.0%-0.5%0.7%-16.7K192.8K-8390.0036.95001294
2013-04-26$66.28$0.006.7%1.9%3.8%3.1%0.0%1.0%0.9%-17.2K188.2K-8390.0040.99001294
2013-04-29$66.18$0.006.7%1.9%3.9%3.1%0.0%1.7%1.1%-17.4K191.4K-8120.0051.23001294
2013-04-30$66.28$0.006.4%1.8%3.8%2.8%9.8%4.3%3.9%-24.1K142.7K-6730.0052.330101294