HYD Options History — November 2017

In November 2017, HYD traded between $62.08 and $62.58. ATM implied volatility averaged 5.9%, placing in the 2.6% IV rank vs the trailing year. The 30-day expected move averaged 1.6%. IV traded above realized volatility by 2.8% (HV 20d: 3.1%). Max pain ranged from $62.00 to $62.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 5 of 21 days. Put/call ratio averaged 0.99.

Notable Days

2017-11-29: Highest Volume — 134 contracts
2017-11-30: Largest IV spike — 77.1% change
2017-11-07: Highest IV Rank — 5.3%
2017-11-30: Largest Expected Move — 2.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$62.37	$62.08	$62.58	$62.14	$62.42
Max Pain	$62.00	$62.00	$62.00	$62.00	$62.00
ATM IV	5.9%	4.5%	8.5%	5.7%	7.9%
Expected Move	1.6%	1.0%	2.3%	1.6%	2.3%
HV 20d	3.1%	2.8%	3.4%	3.1%	3.1%
HV 60d	2.8%	2.5%	2.9%	2.8%	2.8%
IV Rank	2.6%	1.1%	5.3%	2.5%	4.7%
IV Percentile	23.9%	2.8%	57.5%	21.0%	54.8%
Term Structure	-0.8%	-3.6%	3.0%	-1.1%	-3.6%
VWIV	14.9%	5.0%	29.9%	6.2%	10.4%
Skew 25d	-1.2%	-6.3%	4.7%	2.7%	-0.2%
Skew 10d	3.3%	-59.3%	84.2%	4.1%	-0.0%
Call IV 25d	10.1%	4.3%	16.7%	5.4%	8.6%
Put IV 25d	8.9%	5.8%	12.1%	8.0%	8.5%
Bid-Ask Spread %	186.51	167.09	198.99	198.99	183.33
Gamma HHI	0.50	0.38	0.80	0.48	0.64
Net GEX	-32.1K	-62.6K	-14.8K	-46.7K	-43.6K
Net DEX	119.5K	76.4K	181.5K	181.5K	95.6K
Net VEX	-1.2K	-1.4K	-943	-1.3K	-1.0K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.99	0.92	1.45	0.94	1.06
Total Volume	127.143	105	134	128	134
Total OI	188.19	172	203	172	203

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2017-11-01	$62.14	$62.00	5.7%	1.6%	3.1%	2.5%	6.2%	2.7%	-1.1%	-46.7K	181.5K	-1.3K	0.94	198.99	66	62	49	123
2017-11-02	$62.14	$62.00	5.4%	1.7%	3.0%	2.1%	11.9%	2.7%	-1.5%	-47.4K	168.0K	-1.1K	0.94	169.82	66	62	49	123
2017-11-03	$62.16	$62.00	5.6%	1.7%	3.0%	2.3%	11.4%	1.4%	-0.7%	-45.4K	166.4K	-1.1K	0.94	172.56	66	62	49	123
2017-11-06	$62.38	$62.00	8.1%	1.3%	3.3%	4.9%	5.2%	4.4%	1.2%	-53.9K	139.5K	-1.0K	1.45	167.09	43	62	49	123
2017-11-07	$62.44	$62.00	8.5%	1.0%	3.3%	5.3%	29.9%	4.7%	3.0%	-33.9K	133.1K	-1.2K	0.93	187.17	68	63	49	123
2017-11-08	$62.48	$62.00	5.7%	1.6%	3.3%	2.4%	14.9%	0.7%	-0.3%	-34.5K	79.6K	-1.2K	0.93	184.43	67	63	74	113
2017-11-09	$62.44	$62.00	6.3%	1.8%	3.2%	3.0%	11.7%	0.9%	-0.2%	-33.5K	107.4K	-1.2K	0.94	171.51	67	63	74	113
2017-11-10	$62.30	$62.00	5.1%	1.5%	3.3%	1.8%	11.9%	1.9%	0.2%	-35.5K	109.3K	-1.1K	0.96	186.82	65	63	74	112
2017-11-13	$62.42	$62.00	5.4%	1.5%	3.4%	2.1%	12.5%	2.9%	0.5%	-29.2K	76.4K	-1.1K	0.96	183.19	65	63	79	114
2017-11-14	$62.42	$62.00	5.1%	1.5%	3.3%	1.8%	17.0%	-5.7%	-0.3%	-20.3K	116.8K	-1.4K	0.96	191.27	65	63	79	114
2017-11-15	$62.56	$62.00	5.5%	1.6%	3.4%	2.2%	17.3%	-6.0%	-0.8%	-19.5K	106.3K	-1.3K	0.96	191.84	65	63	79	114
2017-11-16	$62.52	$62.00	5.6%	1.6%	3.4%	2.3%	17.6%	-6.2%	-0.9%	-19.6K	107.1K	-1.3K	0.96	191.84	65	63	79	114
2017-11-17	$62.58	$62.00	5.7%	1.6%	3.0%	2.4%	17.9%	-6.3%	-0.7%	-14.8K	99.7K	-1.3K	0.96	192.65	65	63	79	114
2017-11-20	$62.56	$62.00	5.6%	1.6%	3.0%	2.4%	19.3%	-6.0%	-2.9%	-15.5K	97.9K	-1.2K	1.00	192.65	60	60	79	112
2017-11-21	$62.54	$62.00	5.8%	1.7%	3.0%	2.5%	19.7%	-5.7%	-3.1%	-15.4K	97.3K	-1.2K	1.00	195.47	60	60	79	112
2017-11-22	$62.44	$62.00	5.1%	1.5%	2.9%	1.8%	20.0%	-4.5%	-1.7%	-18.7K	113.3K	-1.2K	0.92	194.81	65	60	79	112
2017-11-24	$62.32	$62.00	5.4%	1.6%	2.9%	2.1%	20.9%	-3.7%	-2.6%	-16.2K	113.0K	-1.2K	0.92	194.81	65	60	82	112
2017-11-27	$62.34	$62.00	5.9%	1.7%	2.8%	2.6%	23.2%	-1.9%	-2.7%	-15.2K	106.3K	-1.1K	1.02	198.81	65	67	82	112
2017-11-28	$62.18	$62.00	5.6%	1.6%	2.8%	2.3%	8.1%	-0.7%	-0.3%	-51.9K	122.4K	-1.0K	1.02	183.86	65	67	82	118
2017-11-29	$62.08	$62.00	4.5%	1.3%	2.8%	1.1%	5.0%	-0.1%	0.9%	-62.6K	173.2K	-943	1.06	183.86	65	69	82	121
2017-11-30	$62.42	$62.00	7.9%	2.3%	3.1%	4.7%	10.4%	-0.2%	-3.6%	-43.6K	95.6K	-1.0K	1.06	183.33	65	69	82	121