HYD Options History — November 2014

In November 2014, HYD traded between $61.44 and $61.98. ATM implied volatility averaged 5.7%, placing in the 6.8% IV rank vs the trailing year. The 30-day expected move averaged 2.2%. IV traded above realized volatility by 2.3% (HV 20d: 3.4%). Max pain ranged from $62.00 to $64.00. Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 15 of 19 days. Put/call ratio averaged 2.36.

Notable Days

  • 2014-11-04: Highest Volume — 375 contracts
  • 2014-11-06: Largest IV drop — 20.4% change
  • 2014-11-19: Highest IV Rank — 10.0%
  • 2014-11-06: Largest Expected Move — 2.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$61.61$61.44$61.98$61.50$61.98
Max Pain$62.11$62.00$64.00$62.00$62.00
ATM IV5.7%4.9%6.8%5.7%5.3%
Expected Move2.2%2.0%2.4%2.2%2.0%
HV 20d3.4%2.6%4.1%4.0%3.1%
HV 60d4.0%3.8%4.2%4.1%3.8%
IV Rank6.8%4.5%10.0%7.0%5.6%
IV Percentile24.5%11.1%45.2%22.2%20.6%
Term Structure0.6%-0.9%3.0%-0.2%1.3%
VWIV7.1%6.4%8.1%7.5%6.8%
Skew 25d2.1%-1.1%7.7%7.7%5.2%
Skew 10d2.6%-2.1%9.4%9.4%6.8%
Call IV 25d6.1%4.3%7.2%6.8%5.9%
Put IV 25d8.2%6.0%14.4%14.4%11.1%
Bid-Ask Spread %75.9964.6297.5370.9077.64
Gamma HHI0.560.480.900.600.62
Net GEX-31.8K-68.8K-1.5K-44.7K-49.8K
Net DEX300.9K-67.8K499.9K427.9K-67.8K
Net VEX-4.0K-4.9K-2.7K-4.8K-2.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.360.8716.671.4616.67
Total Volume256.15803753700
Total OI671575708693600

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2014-11-03$61.50$62.005.7%2.2%4.0%7.0%7.5%7.7%-0.2%-44.7K427.9K-4.8K1.4670.90151219241452
2014-11-04$61.48$62.006.5%2.4%4.0%9.1%7.3%-0.3%-0.1%-31.5K419.4K-4.9K1.4969.53151224241438
2014-11-05$61.46$62.006.1%2.4%4.0%8.0%7.3%-1.1%-0.9%-25.9K499.9K-4.9K1.4969.45151224241448
2014-11-06$61.44$62.004.9%2.4%3.9%4.5%7.4%1.7%2.0%-17.6K412.6K-4.8K1.4964.62151224241448
2014-11-07$61.64$62.005.1%2.2%4.1%5.0%6.6%1.1%0.4%-32.6K260.6K-4.2K1.4969.46151224241448
2014-11-10$61.52$62.005.1%2.4%4.1%5.3%7.1%1.2%0.5%-13.1K343.2K-4.6K1.4671.57151219241448
2014-11-11$61.50$64.005.3%2.2%3.8%5.9%6.7%1.2%0.3%-13.4K183.7K-3.8K1.4778.72151221238449
2014-11-12$61.54$62.005.0%2.3%3.8%5.0%7.3%1.3%0.8%-22.6K357.3K-4.4K1.4775.43151221241457
2014-11-13$61.52$62.005.8%2.2%2.6%7.2%7.4%1.4%0.3%-19.5K412.4K-4.6K1.4776.36151221241457
2014-11-14$61.74$62.005.9%2.3%2.8%7.4%8.1%1.7%0.5%-38.8K317.8K-4.5K0.0078.9402238457
2014-11-17$61.54$62.006.5%2.3%3.0%9.2%6.8%1.9%0.0%-30.3K334.8K-4.3K1.3178.34151198241457
2014-11-18$61.52$62.006.6%2.4%2.9%9.3%6.9%1.9%0.5%-33.9K401.3K-4.4K1.3673.84151205241462
2014-11-19$61.62$62.006.8%2.2%3.0%10.0%0.0%1.6%-0.1%-41.1K313.7K-3.3K0.0080.9500238464
2014-11-20$61.62$62.006.1%2.2%3.0%7.9%6.4%1.8%0.2%-68.8K419.9K-3.5K0.8779.95151132238464
2014-11-21$61.58$62.005.4%2.2%2.9%6.0%6.5%2.1%0.5%-67.3K471.7K-3.7K0.8978.68151134238470
2014-11-24$61.72$62.005.7%2.0%3.0%6.9%0.0%1.6%3.0%-12.4K148.2K-3.0K0.0076.9705190390
2014-11-25$61.74$62.005.1%2.1%2.9%5.0%6.8%1.8%2.7%-1.5K82.9K-3.0K1.0474.85100104190385
2014-11-26$61.94$62.005.1%2.1%3.1%5.2%0.0%6.6%0.5%-38.7K-21.6K-2.7K16.6797.53225190385
2014-11-28$61.98$62.005.3%2.0%3.1%5.6%0.0%5.2%1.3%-49.8K-67.8K-2.8K0.0077.6400190410