HYD Options History — December 2018

In December 2018, HYD traded between $60.69 and $61.43. ATM implied volatility averaged 5.8%, placing in the 1.1% IV rank vs the trailing year. The 30-day expected move averaged 1.5%. IV traded above realized volatility by 3.0% (HV 20d: 2.8%). Max pain ranged from $31.00 to $55.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 4 of 20 days.

Notable Days

  • 2018-12-24: Highest Volume — 166 contracts
  • 2018-12-20: Largest IV spike — 44.1% change
  • 2018-12-10: Highest IV Rank — 1.8%
  • 2018-12-20: Largest Expected Move — 2.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$61.10$60.69$61.43$60.69$61.09
Max Pain$47.00$31.00$55.00$31.00$55.00
ATM IV5.8%4.3%7.7%4.8%5.8%
Expected Move1.5%1.2%2.2%1.4%1.7%
HV 20d2.8%2.5%3.3%2.6%3.2%
HV 60d4.0%3.8%4.2%3.9%3.8%
IV Rank1.1%0.4%1.8%0.6%1.0%
IV Percentile45.0%6.0%79.4%19.8%45.6%
Term Structure-0.4%-2.0%1.4%-1.7%-0.1%
Skew 25d1.3%0.1%2.2%1.4%0.8%
Skew 10d1.9%0.5%4.1%3.0%0.9%
Call IV 25d3.9%3.2%4.9%3.6%4.6%
Put IV 25d5.2%3.8%6.8%5.0%5.4%
Bid-Ask Spread %123.3778.11197.2278.1190.36
Gamma HHI0.960.891.001.000.91
Net GEX-460.1K-504.0K-358.1K-488.1K-472.1K
Net DEX2.2M1.7M2.4M2.3M2.1M
Net VEX-14.8K-16.0K-12.5K-14.8K-15.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume17.8016600
Total OI988.058551,3241,3241,021

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-12-03$60.69$31.004.8%1.4%2.6%0.6%0.0%1.4%-1.7%-488.1K2.3M-14.8K0.0078.1100531,271
2018-12-04$60.85$55.005.9%1.7%2.7%1.1%0.0%0.9%-2.0%-502.7K2.4M-14.9K0.0083.67001854
2018-12-05$60.87$55.006.1%1.7%2.7%1.1%0.0%0.9%-2.0%-504.0K2.4M-14.8K0.0083.67001854
2018-12-06$60.91$0.006.4%1.4%2.6%1.3%0.0%1.8%0.7%-475.1K1.9M-14.6K0.00105.03010531,231
2018-12-07$60.97$0.007.1%1.3%2.5%1.5%0.0%0.1%-0.4%-472.3K2.2M-14.8K0.00120.080101864
2018-12-10$61.16$0.007.7%1.4%2.6%1.8%0.0%0.9%-0.9%-456.9K2.0M-14.4K0.0088.00001864
2018-12-11$61.00$0.007.6%1.4%2.8%1.7%0.0%1.8%1.0%-470.4K2.2M-14.6K0.0094.65001864
2018-12-12$61.02$0.004.8%1.4%2.8%0.6%0.0%1.9%-0.7%-476.3K2.2M-14.5K0.0097.88001864
2018-12-13$60.99$0.004.3%1.2%2.7%0.4%0.0%0.3%-0.5%-481.8K2.2M-14.5K0.00121.01001864
2018-12-14$61.07$0.004.3%1.2%2.6%0.5%0.0%1.7%-0.3%-496.4K2.1M-14.3K0.00134.3701501864
2018-12-17$61.01$0.004.5%1.3%2.7%0.5%0.0%0.3%-0.5%-496.0K2.2M-14.4K0.00131.360011,005
2018-12-18$61.20$0.004.8%1.4%2.9%0.7%0.0%2.0%-0.5%-477.1K2.1M-14.2K0.00116.140011,005
2018-12-19$61.38$0.005.3%1.5%2.9%0.9%0.0%2.1%0.8%-423.8K2.1M-15.4K0.00177.930011,005
2018-12-20$61.34$0.007.7%2.2%2.9%1.8%0.0%2.2%-0.1%-358.1K2.3M-16.0K0.00163.890011,005
2018-12-21$61.41$0.005.1%1.5%2.9%0.8%0.0%2.0%1.4%-409.1K2.2M-15.6K0.00160.4501411,005
2018-12-24$61.43$0.005.8%1.7%2.8%1.0%0.0%1.6%-0.1%-483.1K1.7M-12.5K0.00158.880166191,120
2018-12-26$61.35$0.007.0%2.0%2.9%1.5%0.0%1.5%-1.4%-389.0K2.2M-15.6K0.00197.220201,021
2018-12-27$61.09$0.006.2%1.8%3.3%1.2%0.0%0.5%-1.2%-417.8K2.2M-15.5K0.00157.680201,021
2018-12-28$61.08$0.005.8%1.7%3.3%1.0%0.0%1.2%-0.1%-451.6K2.2M-15.6K0.00106.980201,021
2018-12-31$61.09$0.005.8%1.7%3.2%1.0%0.0%0.8%-0.1%-472.1K2.1M-15.1K0.0090.360001,021