HYD Options History — May 2018

In May 2018, HYD traded between $62.00 and $62.98. ATM implied volatility averaged 5.9%, placing in the 2.8% IV rank vs the trailing year. The 30-day expected move averaged 1.6%. IV traded above realized volatility by 3.0% (HV 20d: 2.9%). Max pain ranged from $62.00 to $62.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 2.79.

Notable Days

  • 2018-05-01: Highest Volume — 203 contracts
  • 2018-05-31: Largest IV spike — 79.2% change
  • 2018-05-31: Highest IV Rank — 9.3%
  • 2018-05-31: Largest Expected Move — 3.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$62.40$62.00$62.98$62.00$62.94
Max Pain$62.00$62.00$62.00$62.00$62.00
ATM IV5.9%4.3%12.2%6.6%12.2%
Expected Move1.6%1.2%3.5%1.9%3.5%
HV 20d2.9%2.6%3.2%2.8%2.9%
HV 60d2.7%2.3%3.0%3.0%2.5%
IV Rank2.8%1.2%9.3%3.6%9.3%
IV Percentile43.2%6.3%96.8%67.1%96.8%
Term Structure-1.0%-16.3%0.8%-1.5%-16.3%
VWIV7.2%4.4%22.4%7.8%22.4%
Skew 25d-2.8%-8.9%3.1%-3.6%-0.7%
Skew 10d-4.8%-12.9%4.5%-7.0%-12.2%
Call IV 25d8.8%5.8%14.0%11.7%6.3%
Put IV 25d6.0%4.9%9.2%8.0%5.6%
Bid-Ask Spread %141.20120.09164.17147.81140.88
Gamma HHI0.600.320.920.500.32
Net GEX-87.8K-205.7K-9.8K-128.3K-10.3K
Net DEX166.9K-5.4K331.1K327.2K56.4K
Net VEX-1.5K-2.3K-502-2.2K-1.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.791.733.763.761.74
Total Volume167.227152203203172
Total OI236.5190274274209

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-05-01$62.00$62.006.6%1.9%2.8%3.6%7.8%-3.6%-1.5%-128.3K327.2K-2.2K3.76147.814316050224
2018-05-02$62.08$62.005.8%1.6%2.9%2.7%5.4%-5.7%-1.8%-118.7K301.1K-2.1K3.76160.114316050224
2018-05-03$62.18$62.005.3%1.4%2.9%2.2%5.3%-8.9%0.1%-128.4K269.0K-2.1K2.94152.414312550224
2018-05-04$62.28$62.006.0%1.4%3.0%3.0%5.3%-3.6%0.2%-108.5K331.1K-2.3K2.98164.174212550224
2018-05-07$62.34$62.006.7%1.5%3.0%3.7%5.5%-1.7%-0.0%-117.3K309.2K-2.3K2.98147.374212550224
2018-05-08$62.30$62.005.9%1.5%3.0%2.8%5.5%-3.8%0.1%-130.0K270.6K-2.0K2.98147.834212550205
2018-05-09$62.26$62.005.2%1.5%2.9%2.1%5.5%-3.9%-0.2%-108.0K129.4K-8172.98146.894212550205
2018-05-10$62.38$62.005.1%1.4%2.9%2.0%5.3%-4.0%0.3%-112.9K198.3K-1.6K2.98146.564212550205
2018-05-11$62.48$62.005.2%1.5%3.0%2.1%5.4%-4.1%0.2%-114.9K170.4K-1.6K2.98144.794212550205
2018-05-14$62.44$62.005.4%1.5%3.0%2.3%6.0%-4.3%0.1%-104.2K129.1K-7923.21144.303912546205
2018-05-15$62.26$62.005.4%1.5%3.2%2.3%5.9%-4.5%0.0%-177.2K262.6K-1.8K3.21143.023912546205
2018-05-16$62.24$62.004.3%1.2%3.1%1.2%4.4%-5.2%0.6%-165.7K129.1K-7253.21138.193912546205
2018-05-17$62.22$62.004.8%1.4%3.1%1.7%5.2%-1.9%0.6%-205.7K254.1K-1.7K2.87126.594412546205
2018-05-18$62.26$62.004.5%1.3%3.1%1.4%5.0%-2.5%0.3%-45.4K10.5K-6272.84142.634412446205
2018-05-21$62.24$62.004.4%1.3%3.1%1.3%4.7%-2.6%0.8%-12.0K8.3K-5212.52139.604310945145
2018-05-22$62.28$62.004.5%1.3%3.1%1.4%4.9%-2.6%-0.2%-36.1K128.7K-1.5K2.52139.604310945145
2018-05-23$62.48$62.005.6%1.6%2.7%2.5%7.7%-2.2%-0.1%-9.8K-5.4K-5022.52138.484310945145
2018-05-24$62.58$62.005.7%1.6%2.6%2.7%7.5%0.5%-0.3%-29.8K116.6K-1.5K2.52125.804310945145
2018-05-25$62.76$62.005.9%1.7%2.7%2.8%6.4%1.4%-0.7%-29.6K107.6K-1.5K2.52122.294310945145
2018-05-29$62.98$62.009.0%2.6%2.9%6.0%14.7%3.1%-1.7%-24.4K98.4K-1.4K1.73120.096310845145
2018-05-30$62.78$62.006.8%1.9%2.8%3.7%13.7%-0.5%-1.9%-13.7K70.5K-1.6K1.73127.096310865144
2018-05-31$62.94$62.0012.2%3.5%2.9%9.3%22.4%-0.7%-16.3%-10.3K56.4K-1.6K1.74140.886310965144