HYD Options History — July 2018

In July 2018, HYD traded between $62.42 and $63.02. ATM implied volatility averaged 6.8%, placing in the 3.7% IV rank vs the trailing year. The 30-day expected move averaged 1.9%. IV traded above realized volatility by 3.6% (HV 20d: 3.2%). Max pain ranged from $62.00 to $62.00. Net GEX was positive for 13 of 21 trading days. Term structure was in contango for 5 of 21 days. Put/call ratio averaged 11.55.

Notable Days

2018-07-31: Highest Volume — 140 contracts
2018-07-27: Largest IV spike — 121.8% change
2018-07-31: Highest IV Rank — 9.5%
2018-07-31: Largest Expected Move — 3.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$62.83	$62.42	$63.02	$62.42	$62.98
Max Pain	$62.00	$62.00	$62.00	$62.00	$62.00
ATM IV	6.8%	4.7%	12.4%	5.1%	12.4%
Expected Move	1.9%	1.3%	3.6%	1.5%	3.6%
HV 20d	3.2%	1.9%	3.4%	3.3%	1.9%
HV 60d	3.1%	2.9%	3.3%	3.2%	3.0%
IV Rank	3.7%	1.5%	9.5%	2.0%	9.5%
IV Percentile	56.9%	15.5%	96.8%	29.8%	96.8%
Term Structure	-2.6%	-16.8%	1.3%	-1.3%	-16.8%
VWIV	5.1%	3.3%	7.2%	4.6%	4.7%
Skew 25d	-0.9%	-14.4%	2.5%	-0.6%	-14.4%
Skew 10d	-5.8%	-15.6%	1.3%	1.3%	-15.6%
Call IV 25d	6.7%	4.0%	21.3%	6.2%	21.3%
Put IV 25d	5.8%	3.7%	7.7%	5.6%	6.9%
Bid-Ask Spread %	127.13	106.98	149.90	124.28	149.90
Gamma HHI	0.46	0.31	0.62	0.33	0.31
Net GEX	557	-24.8K	9.3K	-2.8K	-24.8K
Net DEX	-11.1K	-57.0K	153.7K	-13.0K	153.7K
Net VEX	-739	-2.1K	-441	-646	-2.1K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	11.55	6.14	27.43	7.36	12.24
Total Volume	107.048	84	140	117	140
Total OI	161.19	135	254	165	254

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
2018-07-02	$62.42	$62.00	5.1%	1.5%	3.3%	2.0%	4.6%	-0.6%	-1.3%	-2.8K	-13.0K	-646	7.36	124.28	14	103	35	130
2018-07-03	$62.54	$62.00	5.6%	1.6%	3.3%	2.5%	5.1%	-11.7%	-1.6%	1.5K	-26.5K	-575	7.36	136.34	14	103	35	130
2018-07-05	$62.62	$62.00	5.8%	1.5%	3.2%	2.7%	5.8%	1.8%	1.2%	2.2K	-34.0K	-569	7.36	126.35	14	103	35	130
2018-07-06	$62.76	$62.00	5.8%	1.6%	3.3%	2.7%	5.9%	1.9%	1.3%	3.3K	-37.8K	-546	7.36	126.29	14	103	35	130
2018-07-09	$62.76	$62.00	7.1%	1.6%	3.3%	4.1%	6.1%	1.9%	0.5%	5.7K	-46.4K	-488	6.14	126.29	14	86	35	130
2018-07-10	$62.78	$62.00	7.5%	1.6%	3.3%	4.4%	6.2%	2.0%	0.5%	4.8K	-45.3K	-499	6.14	124.80	14	86	35	100
2018-07-11	$62.84	$62.00	6.4%	1.8%	3.3%	3.4%	6.7%	2.5%	-1.5%	8.3K	-55.0K	-441	6.14	126.71	14	86	35	100
2018-07-12	$62.80	$62.00	6.2%	1.8%	3.2%	3.1%	6.6%	2.2%	-0.0%	6.2K	-49.8K	-471	6.14	124.41	14	86	35	100
2018-07-13	$62.92	$62.00	4.7%	1.3%	3.3%	1.5%	3.3%	-0.3%	0.1%	9.3K	-57.0K	-444	6.14	124.88	14	86	35	100
2018-07-16	$62.90	$62.00	4.9%	1.4%	3.3%	1.8%	3.4%	-0.4%	-1.5%	9.2K	-47.9K	-441	6.86	126.80	14	96	35	100
2018-07-17	$62.96	$62.00	4.9%	1.4%	3.3%	1.8%	3.6%	-0.3%	-1.5%	2.6K	-35.2K	-590	27.43	125.35	4	96	35	110
2018-07-18	$62.94	$62.00	5.0%	1.4%	3.2%	1.9%	3.6%	-0.5%	-1.8%	-1.1K	-14.7K	-719	19.20	125.93	5	96	37	120
2018-07-19	$62.96	$62.00	5.1%	1.5%	3.2%	2.0%	3.7%	-0.4%	-2.8%	1.1K	-3.6K	-720	11.29	126.00	9	96	39	120
2018-07-20	$62.94	$62.00	5.2%	1.5%	3.2%	2.1%	3.6%	-1.1%	-2.1%	2.5K	-22.3K	-866	11.29	106.98	9	96	43	120
2018-07-23	$62.88	$62.00	6.9%	2.0%	3.2%	3.9%	6.9%	2.5%	-2.2%	-2.9K	11.1K	-909	16.18	124.53	6	89	38	122
2018-07-24	$62.82	$62.00	6.7%	1.9%	3.2%	3.6%	6.5%	1.5%	-2.2%	-3.3K	21.1K	-893	16.18	126.85	6	89	38	122
2018-07-25	$62.90	$62.00	7.2%	2.1%	3.3%	4.2%	7.2%	2.5%	-2.7%	793	5.1K	-853	14.55	124.46	6	80	38	122
2018-07-26	$62.88	$62.00	5.6%	1.6%	3.2%	2.5%	3.9%	0.7%	-3.0%	-1.4K	20.0K	-919	14.09	125.94	6	78	38	123
2018-07-27	$63.02	$62.00	12.3%	3.5%	3.3%	9.4%	4.4%	-8.2%	-2.6%	-1.4K	10.7K	-896	21.36	124.78	6	118	38	125
2018-07-30	$62.90	$62.00	12.2%	3.5%	3.4%	9.3%	4.4%	-0.6%	-15.4%	-8.0K	32.8K	-962	11.81	141.99	11	124	38	165
2018-07-31	$62.98	$62.00	12.4%	3.6%	1.9%	9.5%	4.7%	-14.4%	-16.8%	-24.8K	153.7K	-2.1K	12.24	149.90	11	129	42	212