HYD Options History — January 2018

In January 2018, HYD traded between $62.34 and $62.84. ATM implied volatility averaged 6.2%, placing in the 2.9% IV rank vs the trailing year. The 30-day expected move averaged 1.6%. IV traded above realized volatility by 2.1% (HV 20d: 4.1%). 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 7 of 21 days. Put/call ratio averaged 1.04.

Notable Days

2018-01-22: Highest Volume — 166 contracts
2018-01-17: Largest IV spike — 43.5% change
2018-01-08: Highest IV Rank — 4.5%
2018-01-29: Largest Expected Move — 2.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$62.55	$62.34	$62.84	$62.66	$62.38
Max Pain	$62.00	$62.00	$62.00	$62.00	$62.00
ATM IV	6.2%	4.4%	7.7%	4.4%	7.4%
Expected Move	1.6%	1.3%	2.2%	1.3%	2.1%
HV 20d	4.1%	2.9%	5.3%	5.2%	2.9%
HV 60d	3.9%	3.8%	4.0%	3.9%	3.8%
IV Rank	2.9%	1.1%	4.5%	1.1%	4.2%
IV Percentile	39.7%	3.6%	64.7%	3.6%	63.1%
Term Structure	-0.7%	-3.0%	1.3%	1.0%	-3.0%
VWIV	6.3%	4.4%	7.6%	4.4%	7.6%
Skew 25d	-89.6%	-168.4%	1.6%	1.2%	1.6%
Skew 10d	-100.0%	-165.7%	2.7%	-25.1%	2.7%
Call IV 25d	97.2%	4.4%	178.1%	4.4%	4.5%
Put IV 25d	7.6%	5.6%	9.7%	5.6%	6.1%
Bid-Ask Spread %	182.16	175.19	188.29	178.16	184.35
Gamma HHI	0.56	0.39	0.90	0.46	0.90
Net GEX	-56.7K	-215.9K	-12.5K	-20.7K	-215.9K
Net DEX	160.2K	39.9K	405.5K	79.2K	405.5K
Net VEX	-911	-1.3K	-663	-826	-1.2K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.04	0.42	2.57	0.44	0.60
Total Volume	100.143	73	166	73	74
Total OI	145.619	108	221	113	221

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
2018-01-02	$62.66	$62.00	4.4%	1.3%	5.2%	1.1%	4.4%	1.2%	1.0%	-20.7K	79.2K	-826	0.44	178.16	51	22	48	65
2018-01-03	$62.84	$62.00	6.3%	1.8%	5.3%	3.0%	6.1%	-117.1%	-2.4%	-12.5K	58.4K	-896	0.44	180.16	51	22	48	65
2018-01-04	$62.74	$0.00	6.7%	1.4%	5.3%	3.4%	0.0%	-38.0%	-1.1%	-14.9K	51.4K	-860	0.44	182.55	51	22	48	65
2018-01-05	$62.66	$0.00	6.5%	1.3%	5.2%	3.3%	0.0%	-120.6%	-0.9%	-19.8K	64.7K	-795	0.44	182.06	51	22	48	65
2018-01-08	$62.80	$0.00	7.7%	1.4%	5.2%	4.5%	0.0%	-124.5%	-1.2%	-18.1K	39.9K	-769	0.44	182.99	51	22	48	65
2018-01-09	$62.72	$0.00	7.6%	1.4%	4.3%	4.4%	0.0%	-126.6%	-1.0%	-21.4K	54.8K	-775	0.44	182.06	51	22	48	65
2018-01-10	$62.54	$0.00	4.9%	1.4%	4.4%	1.6%	0.0%	-129.2%	0.0%	-24.1K	66.5K	-747	0.44	186.62	51	22	48	65
2018-01-11	$62.46	$0.00	4.7%	1.4%	4.5%	1.4%	0.0%	-128.2%	0.1%	-27.9K	72.5K	-720	0.44	187.45	51	22	48	65
2018-01-12	$62.46	$0.00	5.2%	1.5%	4.1%	1.9%	0.0%	-86.0%	0.7%	-28.9K	74.9K	-696	0.44	178.17	51	22	48	65
2018-01-16	$62.46	$0.00	4.4%	1.3%	4.1%	1.1%	0.0%	-138.8%	1.3%	-28.0K	70.1K	-699	0.44	185.35	51	22	48	65
2018-01-17	$62.46	$0.00	6.3%	1.8%	4.1%	3.0%	0.0%	-92.0%	-0.4%	-29.0K	73.2K	-663	0.42	176.39	53	22	48	65
2018-01-18	$62.38	$0.00	6.0%	1.7%	4.1%	2.7%	0.0%	-89.7%	0.2%	-30.3K	78.0K	-691	0.46	175.63	53	25	50	65
2018-01-19	$62.40	$0.00	5.7%	1.6%	4.1%	2.5%	0.0%	-93.2%	0.6%	-20.3K	59.7K	-701	0.46	181.58	53	25	50	67
2018-01-22	$62.44	$0.00	6.5%	1.9%	3.5%	3.3%	6.8%	-0.3%	-0.6%	-20.8K	66.7K	-677	2.46	179.13	48	118	47	61
2018-01-23	$62.66	$62.00	5.7%	1.6%	3.4%	2.4%	4.8%	-161.0%	-1.1%	-49.3K	338.3K	-1.3K	2.46	188.29	48	118	47	161
2018-01-24	$62.58	$62.00	5.9%	1.7%	3.3%	2.6%	5.4%	-165.0%	-0.7%	-52.4K	356.8K	-1.3K	2.46	187.47	48	118	47	162
2018-01-25	$62.62	$62.00	6.4%	1.8%	3.1%	3.1%	5.7%	-168.4%	-1.0%	-48.2K	344.6K	-1.3K	2.46	186.62	48	118	47	162
2018-01-26	$62.62	$62.00	7.2%	2.1%	3.1%	4.0%	7.2%	0.4%	-1.1%	-146.6K	249.2K	-1.1K	2.46	175.19	48	118	47	162
2018-01-29	$62.36	$62.00	7.6%	2.2%	3.4%	4.3%	7.6%	-0.3%	-1.0%	-167.1K	366.1K	-1.3K	2.57	179.27	46	118	47	162
2018-01-30	$62.34	$62.00	7.2%	2.1%	3.4%	4.0%	7.4%	-106.1%	-2.4%	-194.7K	394.2K	-1.1K	0.61	185.84	46	28	48	162
2018-01-31	$62.38	$62.00	7.4%	2.1%	2.9%	4.2%	7.6%	1.6%	-3.0%	-215.9K	405.5K	-1.2K	0.60	184.35	46	28	49	172