HYD Options History — January 2016

In January 2016, HYD traded between $61.96 and $62.24. ATM implied volatility averaged 35.4%, placing in the 21.8% IV rank vs the trailing year. The 30-day expected move averaged 5.8%. IV traded above realized volatility by 31.7% (HV 20d: 3.6%). Net GEX was positive for 18 of 19 trading days. Term structure was in contango for 2 of 19 days. Put/call ratio averaged 1.33.

Notable Days

  • 2016-01-04: Highest Volume — 221 contracts
  • 2016-01-06: Largest IV spike — 235.1% change
  • 2016-01-12: Highest IV Rank — 83.0%
  • 2016-01-27: Largest Expected Move — 14.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$62.16$61.96$62.24$61.98$62.18
ATM IV35.4%13.9%119.1%65.9%19.7%
Expected Move5.8%2.9%14.2%9.1%5.6%
HV 20d3.6%2.6%4.6%4.6%2.6%
HV 60d3.6%3.4%3.6%3.6%3.4%
IV Rank21.8%6.1%83.0%44.1%10.3%
IV Percentile78.2%68.7%99.2%96.8%70.2%
Term Structure-9.4%-36.9%3.6%-24.8%-10.4%
Skew 25d0.0%-19.8%11.1%-3.6%0.2%
Skew 10d-1.5%-19.8%15.1%-3.6%0.8%
Call IV 25d20.8%9.8%39.1%14.9%20.7%
Put IV 25d20.8%11.0%34.6%11.3%20.9%
Bid-Ask Spread %190.13174.56198.49191.98192.48
Gamma HHI0.740.440.950.440.46
Net GEX31.5K-16.3K116.5K9.8K-16.3K
Net DEX-228.1K-633.1K-4.9K-218.1K-79.7K
Net VEX-1.0K-2.2K-761-2.2K-853
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.330.572.170.602.17
Total Volume172.316116221221121
Total OI212160260257160

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2016-01-04$61.98$0.0065.9%9.1%4.6%44.1%0.0%-3.6%-24.8%9.8K-218.1K-2.2K0.60191.9813883145112
2016-01-05$61.96$0.0021.5%3.1%4.3%11.6%0.0%4.5%-3.7%78.1K-263.5K-1.6K0.60181.2313883145112
2016-01-06$62.20$0.0072.1%5.7%4.5%48.6%0.0%-19.8%3.6%31.0K-424.9K-1.2K0.60198.4913883145112
2016-01-07$62.14$0.0032.7%3.2%4.5%19.8%0.0%-13.5%1.7%57.1K-369.1K-1.2K0.59196.8013881145112
2016-01-08$62.22$0.0023.3%2.9%3.8%12.9%0.0%2.1%-0.9%74.6K-364.4K-1.2K0.59174.5613881145115
2016-01-11$62.14$0.0070.4%4.0%3.9%47.4%0.0%4.7%-1.6%44.8K-373.4K-1.1K0.59192.9413881145115
2016-01-12$62.24$0.00119.1%5.5%3.8%83.0%0.0%7.0%-1.6%36.1K-425.3K-1.0K0.59193.0613881145115
2016-01-13$62.10$0.0028.9%8.3%3.7%17.0%0.0%0.9%-19.3%43.5K-355.3K-1.1K0.59197.4413881145115
2016-01-14$62.16$0.0014.5%4.1%3.7%6.5%0.0%-6.3%-7.8%116.5K-390.0K-9750.57196.5913878145115
2016-01-15$62.22$0.0025.7%7.4%3.6%14.7%0.0%1.3%-15.8%39.2K-633.1K-8370.57196.1913878145115
2016-01-19$62.12$0.0017.6%5.0%3.7%8.7%0.0%0.4%-9.1%10.9K-62.7K-8602.05192.22387845115
2016-01-20$62.12$0.0013.9%4.0%3.6%6.1%0.0%0.6%-5.9%15.1K-6.1K-8132.17180.34388345115
2016-01-21$62.14$0.0016.6%4.7%3.6%8.0%0.0%11.1%-6.1%10.7K-28.2K-8502.17179.83388345115
2016-01-22$62.22$0.0015.6%4.5%3.6%7.3%0.0%1.2%-7.7%11.4K-4.9K-7612.17182.66388345115
2016-01-25$62.22$0.0018.7%5.4%3.1%9.6%0.0%0.5%-9.3%10.7K-70.1K-8332.17190.88388345115
2016-01-26$62.24$0.0025.7%7.4%3.1%14.6%0.0%9.3%-12.1%8.5K-83.9K-8112.17197.84388345115
2016-01-27$62.18$0.0049.5%14.2%3.1%32.1%0.0%0.6%-36.9%8.0K-91.0K-7752.17197.58388345115
2016-01-28$62.18$0.0021.3%6.1%2.6%11.5%0.0%-0.5%-11.3%8.6K-90.4K-8022.17179.42388345115
2016-01-29$62.18$0.0019.7%5.6%2.6%10.3%0.0%0.2%-10.4%-16.3K-79.7K-8532.17192.48388345115