HYD Options History — March 2019

In March 2019, HYD traded between $61.43 and $62.78. ATM implied volatility averaged 10.2%, placing in the 2.8% IV rank vs the trailing year. The 30-day expected move averaged 2.9%. IV traded above realized volatility by 7.9% (HV 20d: 2.3%). Max pain ranged from $55.00 to $60.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 16 of 21 days. Put/call ratio averaged 3.55.

Notable Days

2019-03-29: Highest Volume — 62 contracts
2019-03-07: Largest IV spike — 618.9% change
2019-03-07: Highest IV Rank — 25.3%
2019-03-07: Largest Expected Move — 19.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$62.10	$61.43	$62.78	$61.43	$62.78
Max Pain	$57.27	$55.00	$60.00	$55.00	$60.00
ATM IV	10.2%	3.6%	67.8%	11.3%	3.8%
Expected Move	2.9%	1.1%	19.4%	3.2%	1.1%
HV 20d	2.3%	1.7%	2.6%	2.6%	1.7%
HV 60d	2.7%	2.6%	2.9%	2.9%	2.6%
IV Rank	2.8%	0.2%	25.3%	3.2%	0.3%
IV Percentile	37.0%	0.4%	98.4%	87.7%	3.6%
Term Structure	2.7%	-12.1%	31.7%	-12.1%	1.6%
Skew 25d	0.9%	-0.8%	3.1%	1.5%	0.5%
Skew 10d	1.2%	-0.0%	3.9%	3.9%	0.7%
Call IV 25d	3.6%	2.6%	5.0%	4.0%	3.4%
Put IV 25d	4.5%	3.2%	6.0%	5.5%	3.9%
Bid-Ask Spread %	97.47	59.40	185.71	104.63	105.62
Gamma HHI	0.89	0.78	0.98	0.98	0.88
Net GEX	-417.1K	-531.2K	-292.8K	-487.3K	-294.8K
Net DEX	1.1M	738.9K	1.4M	1.4M	738.9K
Net VEX	-8.9K	-10.4K	-7.3K	-9.9K	-8.1K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	3.55	0.00	20.00	0.00	0.19
Total Volume	23.571	0	62	10	62
Total OI	1,113.381	1,017	1,185	1,017	1,185

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
2019-03-01	$61.43	$55.00	11.3%	3.2%	2.6%	3.2%	0.0%	1.5%	-12.1%	-487.3K	1.4M	-9.9K	0.00	104.63	10	0	10	1,007
2019-03-04	$61.47	$55.00	13.0%	3.7%	2.2%	3.9%	0.0%	3.1%	1.2%	-514.3K	1.4M	-9.8K	0.00	104.86	0	22	10	1,007
2019-03-05	$61.49	$55.00	13.6%	3.9%	2.2%	4.1%	0.0%	2.8%	3.9%	-512.8K	1.4M	-9.8K	0.00	104.00	0	47	10	1,028
2019-03-06	$61.59	$55.00	9.4%	2.7%	2.2%	2.5%	0.0%	1.8%	1.7%	-531.2K	1.4M	-10.4K	0.00	71.47	0	47	10	1,073
2019-03-07	$61.75	$55.00	67.8%	19.4%	2.4%	25.3%	0.0%	1.0%	31.7%	-485.3K	1.3M	-10.3K	0.00	185.71	0	48	10	1,073
2019-03-08	$61.84	$55.00	17.4%	5.0%	2.4%	5.6%	0.0%	1.2%	4.8%	-476.8K	1.2M	-9.6K	3.69	98.23	13	48	10	1,075
2019-03-11	$61.86	$60.00	23.0%	2.2%	2.3%	7.8%	0.0%	1.1%	4.9%	-445.9K	1.1M	-8.9K	0.00	78.59	0	0	23	1,075
2019-03-12	$61.91	$60.00	3.7%	2.2%	2.3%	0.2%	0.0%	1.0%	4.8%	-456.4K	1.2M	-9.6K	0.00	77.56	0	0	23	1,075
2019-03-13	$61.91	$60.00	3.6%	2.2%	2.3%	0.2%	0.0%	-0.4%	5.0%	-466.3K	1.2M	-9.7K	0.00	79.70	2	0	23	1,075
2019-03-14	$61.93	$60.00	4.0%	2.2%	2.3%	0.3%	0.0%	-0.8%	4.8%	-405.9K	902.6K	-7.7K	20.00	86.23	2	40	25	1,075
2019-03-15	$62.02	$60.00	4.0%	2.2%	2.2%	0.3%	0.0%	0.1%	5.0%	-466.0K	1.2M	-10.0K	20.00	74.08	2	40	25	1,115
2019-03-18	$62.09	$0.00	4.3%	1.2%	2.2%	0.4%	0.0%	-0.0%	-0.2%	-411.2K	951.7K	-7.8K	0.00	100.66	0	0	25	1,111
2019-03-19	$62.12	$0.00	4.0%	1.2%	2.2%	0.3%	0.0%	0.2%	0.1%	-406.9K	890.4K	-7.7K	0.00	123.51	2	0	25	1,111
2019-03-20	$62.23	$0.00	4.0%	1.1%	2.2%	0.4%	0.0%	0.8%	0.0%	-370.5K	1.2M	-8.5K	0.00	107.54	5	0	25	1,111
2019-03-21	$62.26	$0.00	3.8%	1.2%	2.2%	0.3%	0.0%	0.7%	0.4%	-389.7K	891.6K	-7.3K	0.00	59.40	5	0	28	1,111
2019-03-22	$62.55	$0.00	3.8%	1.2%	2.6%	0.3%	0.0%	1.6%	1.0%	-355.7K	1.1M	-9.1K	0.00	99.03	16	0	28	1,111
2019-03-25	$62.62	$0.00	4.8%	1.2%	2.6%	0.6%	0.0%	0.4%	-0.6%	-323.4K	939.7K	-8.3K	0.00	89.84	2	0	42	1,111
2019-03-26	$62.65	$0.00	4.9%	1.3%	2.6%	0.7%	0.0%	0.2%	0.6%	-338.9K	923.7K	-8.6K	5.00	115.71	2	10	44	1,111
2019-03-27	$62.77	$0.00	4.8%	1.3%	2.5%	0.6%	0.0%	1.1%	-0.8%	-326.0K	917.4K	-8.7K	0.40	87.29	25	10	44	1,116
2019-03-28	$62.77	$0.00	4.9%	1.2%	2.5%	0.7%	0.0%	0.9%	-1.0%	-292.8K	746.2K	-8.1K	0.40	93.27	25	10	69	1,116
2019-03-29	$62.78	$0.00	3.8%	1.1%	1.7%	0.3%	0.0%	0.5%	1.6%	-294.8K	738.9K	-8.1K	0.19	105.62	52	10	69	1,116