HYD Options History — January 2019

In January 2019, HYD traded between $60.99 and $61.50. ATM implied volatility averaged 5.5%, placing in the 0.9% IV rank vs the trailing year. The 30-day expected move averaged 1.5%. IV traded above realized volatility by 2.5% (HV 20d: 3.0%). Max pain ranged from $55.00 to $61.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 3.67.

Notable Days

  • 2019-01-04: Highest Volume — 20 contracts
  • 2019-01-31: Largest IV spike — 86.5% change
  • 2019-01-31: Highest IV Rank — 2.7%
  • 2019-01-31: Largest Expected Move — 2.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$61.19$60.99$61.50$61.08$61.50
Max Pain$60.70$55.00$61.00$61.00$55.00
ATM IV5.5%4.3%10.0%5.9%10.0%
Expected Move1.5%1.2%2.5%1.7%2.5%
HV 20d3.0%2.6%3.2%3.0%3.1%
HV 60d3.1%2.8%3.8%3.7%2.8%
IV Rank0.9%0.5%2.7%1.1%2.7%
IV Percentile33.7%7.1%84.9%49.6%84.9%
Term Structure1.6%-3.7%5.5%-0.2%-3.7%
VWIV5.7%5.5%5.9%5.9%5.5%
Skew 25d0.7%-2.8%2.5%0.7%-2.8%
Skew 10d0.1%-10.9%4.1%0.9%-10.9%
Call IV 25d4.2%3.1%7.8%4.9%7.8%
Put IV 25d4.9%3.9%6.4%5.6%5.0%
Bid-Ask Spread %124.3092.16160.15107.64144.72
Gamma HHI0.920.911.000.921.00
Net GEX-515.0K-572.6K-460.8K-494.3K-554.9K
Net DEX2.0M1.8M2.2M2.1M1.8M
Net VEX-14.0K-15.1K-11.8K-14.9K-11.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.671.009.001.009.00
Total Volume1.47602040
Total OI1,011.3811,0091,0251,0211,010

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-01-02$61.08$0.005.9%1.7%3.0%1.1%0.0%0.7%-0.2%-494.3K2.1M-14.9K1.00107.642201,021
2019-01-03$61.21$61.005.9%1.7%2.9%1.1%5.9%0.9%-1.1%-480.0K2.1M-14.9K1.0092.162221,023
2019-01-04$61.05$61.005.7%1.6%3.1%1.0%5.5%1.9%-0.4%-509.3K2.2M-15.1K9.00101.4721821,023
2019-01-07$61.05$61.005.5%1.6%3.1%0.9%0.0%2.4%0.8%-478.3K2.2M-14.7K0.00128.630021,007
2019-01-08$60.99$61.004.9%1.3%3.1%0.7%0.0%2.5%-0.4%-500.6K2.2M-14.8K0.00107.110021,007
2019-01-09$61.07$61.004.8%1.4%2.9%0.7%0.0%0.1%-0.3%-499.8K2.1M-14.6K0.00104.380021,007
2019-01-10$61.12$61.005.1%1.5%2.8%0.8%0.0%0.2%-0.4%-493.1K2.1M-14.7K0.00105.630021,007
2019-01-11$61.22$61.004.9%1.4%2.8%0.7%0.0%0.9%-0.2%-493.0K2.0M-14.3K0.00108.250021,007
2019-01-14$61.29$61.004.7%1.3%2.8%0.6%0.0%1.1%4.3%-497.0K2.0M-14.1K0.00108.150021,007
2019-01-15$61.28$61.004.6%1.3%2.8%0.5%0.0%1.1%4.8%-498.5K1.9M-13.7K0.00106.680021,007
2019-01-16$61.32$61.004.7%1.3%2.8%0.6%0.0%1.3%4.8%-514.9K1.9M-13.6K0.00101.630021,007
2019-01-17$61.34$61.005.0%1.4%2.6%0.7%0.0%0.8%4.8%-460.8K1.9M-13.9K0.00149.090021,007
2019-01-18$61.00$61.006.1%1.7%3.0%1.1%0.0%-1.0%-1.6%-531.5K2.1M-14.1K0.00136.180021,007
2019-01-22$61.17$61.005.3%1.5%3.2%0.8%0.0%0.4%0.4%-535.5K2.0M-13.8K0.00125.280021,007
2019-01-23$61.17$61.004.8%1.4%3.2%0.6%0.0%0.3%0.6%-541.8K2.0M-13.8K0.00132.420121,007
2019-01-24$61.26$61.005.0%1.4%3.2%0.7%0.0%0.5%4.6%-527.3K2.0M-13.6K0.00139.490121,008
2019-01-25$61.23$61.006.9%2.0%3.2%1.5%0.0%0.6%2.8%-572.6K2.1M-13.8K0.00151.110121,008
2019-01-28$61.17$61.004.3%1.2%2.9%0.5%0.0%0.6%5.5%-557.3K1.9M-13.2K0.00148.120021,008
2019-01-29$61.26$61.005.1%1.5%2.9%0.8%0.0%0.8%4.9%-540.6K1.9M-13.2K0.00151.950021,008
2019-01-30$61.31$61.005.3%1.5%2.9%0.9%0.0%0.7%4.6%-534.6K1.9M-13.2K0.00160.150021,008
2019-01-31$61.50$55.0010.0%2.5%3.1%2.7%0.0%-2.8%-3.7%-554.9K1.8M-11.8K0.00144.720021,008