HYD Options History — May 2019

In May 2019, HYD traded between $62.67 and $63.73. ATM implied volatility averaged 6.5%, placing in the 1.6% IV rank vs the trailing year. The 30-day expected move averaged 2.2%. IV traded above realized volatility by 4.4% (HV 20d: 2.2%). Max pain ranged from $60.00 to $65.00. Net GEX was positive for 1 of 21 trading days. Term structure was in contango for 15 of 21 days. Put/call ratio averaged 0.17.

Notable Days

  • 2019-05-09: Highest Volume — 72 contracts
  • 2019-05-15: Largest IV spike — 99.8% change
  • 2019-05-30: Highest IV Rank — 2.8%
  • 2019-05-10: Largest Expected Move — 3.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$63.20$62.67$63.73$62.70$63.73
Max Pain$61.67$60.00$65.00$60.00$65.00
ATM IV6.5%3.4%9.6%3.4%9.5%
Expected Move2.2%1.0%3.1%1.0%2.7%
HV 20d2.2%1.5%2.5%1.7%2.3%
HV 60d2.4%2.3%2.5%2.3%2.3%
IV Rank1.6%0.4%2.8%0.4%2.7%
IV Percentile47.9%3.6%80.6%3.6%80.2%
Term Structure0.2%-1.7%1.1%1.1%-0.2%
VWIV11.2%6.0%13.3%10.1%13.3%
Skew 25d0.3%-14.1%2.6%0.7%0.9%
Skew 10d0.3%-20.9%4.5%-0.1%1.6%
Call IV 25d4.6%2.8%19.9%3.4%3.9%
Put IV 25d4.9%3.7%5.9%4.1%4.8%
Bid-Ask Spread %72.5762.82118.50118.5067.21
Gamma HHI0.490.360.750.750.38
Net GEX-128.9K-329.0K14.4K-329.0K14.4K
Net DEX158.2K-417.7K901.4K901.4K-417.7K
Net VEX-5.8K-7.7K-3.4K-6.9K-4.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.170.001.250.110.34
Total Volume21.952072300
Total OI1,330.191,2171,3891,2171,389

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-05-01$62.70$0.003.4%1.0%1.7%0.4%0.0%0.7%1.1%-329.0K901.4K-6.9K0.11118.50273581,159
2019-05-02$62.67$0.003.8%1.1%1.5%0.5%0.0%0.2%0.9%-308.6K843.8K-7.3K0.11118.11273851,159
2019-05-03$62.77$0.003.5%1.0%1.6%0.4%0.0%0.5%1.1%-117.6K148.6K-3.4K0.0884.86373851,159
2019-05-06$62.89$60.003.7%2.3%1.7%0.5%0.0%0.4%-0.8%-220.3K360.1K-5.3K0.0064.91210951,159
2019-05-07$62.93$60.003.9%2.4%1.7%0.6%0.0%0.7%-0.1%-210.6K342.3K-5.6K0.0064.556001121,159
2019-05-08$62.90$60.004.1%2.3%1.7%0.6%10.1%0.5%0.4%-230.1K542.5K-7.3K0.0873.566051511,159
2019-05-09$63.05$60.004.0%2.3%1.9%0.6%6.0%1.3%0.6%-160.3K166.6K-5.7K0.0765.676751511,164
2019-05-10$62.93$60.004.7%3.1%2.0%0.9%0.0%-14.1%0.0%-207.5K517.0K-7.7K0.0079.03001781,164
2019-05-13$63.16$60.004.0%2.4%2.3%0.6%0.0%1.1%0.5%-114.5K35.2K-5.7K0.0064.54011781,164
2019-05-15$63.32$60.008.0%2.3%2.4%2.2%0.0%0.5%0.2%-66.5K-127.2K-4.4K0.0065.181001781,164
2019-05-16$63.27$60.008.1%2.3%2.5%2.2%0.0%1.1%0.6%-87.7K-25.8K-5.2K0.0066.291001781,164
2019-05-17$63.34$60.008.1%2.3%2.4%2.2%0.0%2.6%0.9%-96.3K12.6K-5.8K0.0067.502001781,164
2019-05-20$63.35$60.008.3%2.4%2.4%2.3%0.0%1.2%0.6%-100.3K13.8K-5.9K0.0066.10801881,164
2019-05-21$63.28$60.008.5%2.4%2.5%2.4%0.0%2.2%0.2%-107.3K73.4K-6.2K0.0063.84801961,164
2019-05-22$63.36$60.008.7%2.5%2.5%2.5%13.3%0.8%0.4%-78.0K-13.4K-5.8K1.2562.828101961,164
2019-05-23$63.45$65.008.6%2.5%2.5%2.4%13.2%0.8%0.6%-65.0K-42.6K-5.7K0.5364.4319101961,174
2019-05-24$63.43$65.008.8%2.5%2.5%2.5%13.3%0.7%0.2%-72.0K89.2K-6.0K0.3465.3929101971,174
2019-05-28$63.52$65.006.4%1.8%2.5%1.5%0.0%1.4%-0.6%-134.5K328.9K-7.3K0.0069.61002151,174
2019-05-29$63.55$65.009.4%2.7%2.4%2.7%0.0%1.3%-1.7%-2.9K-304.5K-4.2K0.0066.91002151,174
2019-05-30$63.56$65.009.6%2.8%2.4%2.8%0.0%1.4%-1.7%-12.8K-122.3K-5.3K0.0064.97002151,174
2019-05-31$63.73$65.009.5%2.7%2.3%2.7%0.0%0.9%-0.2%14.4K-417.7K-4.0K0.0067.21002151,174