HYD Options History — October 2020

In October 2020, HYD traded between $59.25 and $59.73. ATM implied volatility averaged 6.8%, placing in the 5.1% IV rank vs the trailing year. The 30-day expected move averaged 1.8%. IV traded above realized volatility by 4.9% (HV 20d: 1.9%). Max pain ranged from $59.00 to $60.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 21 of 22 days. Put/call ratio averaged 4.70.

Notable Days

  • 2020-10-30: Highest Volume — 2,004 contracts
  • 2020-10-12: Largest IV spike — 81.5% change
  • 2020-10-12: Highest IV Rank — 11.4%
  • 2020-10-29: Largest Expected Move — 2.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$59.58$59.25$59.73$59.73$59.25
Max Pain$59.64$59.00$60.00$60.00$60.00
ATM IV6.8%4.4%12.8%4.9%8.9%
Expected Move1.8%1.2%2.6%1.4%2.5%
HV 20d1.9%1.6%2.2%2.1%2.2%
HV 60d2.8%2.6%3.2%3.1%2.7%
IV Rank5.1%2.6%11.4%3.2%7.3%
IV Percentile40.1%29.8%67.5%36.9%49.2%
Term Structure1.2%-0.2%3.6%3.6%0.3%
VWIV8.3%4.2%12.9%6.4%12.9%
Skew 25d1.6%-32.1%12.8%1.1%3.2%
Skew 10d10.4%-20.8%49.7%49.7%13.0%
Call IV 25d7.4%3.9%40.7%6.2%8.2%
Put IV 25d9.0%6.7%18.5%7.3%11.4%
Bid-Ask Spread %123.59112.89139.65135.42124.45
Gamma HHI0.690.460.870.510.46
Net GEX6.3M3.0M8.5M4.0M3.4M
Net DEX-11.9M-16.2M-7.8M-11.3M-8.5M
Net VEX-101.2K-211.2K-63.1K-211.2K-67.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio4.700.0418.000.601.09
Total Volume150.09162,00482,004
Total OI32,326.18231,91532,53032,19132,530

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2020-10-01$59.73$60.004.9%1.4%2.1%3.2%6.4%1.1%3.6%4.0M-11.3M-211.2K0.60135.425315,96616,225
2020-10-02$59.66$60.006.7%1.9%2.0%4.9%6.7%-32.1%1.2%3.9M-11.4M-183.6K0.23139.6513315,96916,226
2020-10-05$59.51$59.006.5%2.3%2.2%4.8%0.0%4.6%1.1%3.2M-13.9M-167.6K7.33116.6032215,97416,227
2020-10-06$59.51$59.007.7%2.1%2.1%6.0%9.1%2.9%0.7%3.0M-7.8M-160.3K4.80112.89104815,97716,247
2020-10-07$59.42$59.007.2%2.5%2.2%5.5%12.4%2.8%0.3%4.1M-12.8M-101.1K0.00113.840715,97416,284
2020-10-08$59.49$59.006.6%2.3%2.2%4.8%10.6%2.8%0.2%6.2M-9.8M-76.7K0.00117.3801315,97416,286
2020-10-09$59.57$59.007.0%1.9%2.0%5.4%9.5%2.9%2.2%6.0M-16.2M-109.9K4.83125.1162915,97416,285
2020-10-12$59.56$59.0012.8%1.2%2.0%11.4%7.4%2.8%2.8%6.7M-11.9M-85.9K0.00130.160615,97916,298
2020-10-13$59.64$59.0010.4%1.9%2.0%8.8%4.2%2.5%0.7%7.6M-11.4M-81.3K0.47120.53833915,97916,298
2020-10-14$59.66$59.006.2%1.8%1.9%4.4%7.2%2.4%1.0%7.6M-13.2M-91.8K1.50123.9381216,02216,308
2020-10-15$59.66$60.006.2%1.8%1.8%4.5%9.9%2.7%-0.2%7.8M-16.2M-104.0K0.00128.3101016,02216,311
2020-10-16$59.64$60.006.0%1.7%1.8%4.3%7.3%2.4%0.2%8.0M-11.8M-83.8K1.13124.69869716,02216,311
2020-10-19$59.57$60.005.4%1.5%1.8%3.6%9.1%12.8%0.2%7.2M-9.5M-69.2K1.10134.50101115,72516,190
2020-10-20$59.61$60.004.4%1.3%1.6%2.6%8.3%3.1%2.3%7.6M-11.6M-82.8K0.04123.926052315,72916,236
2020-10-21$59.69$60.005.7%1.6%1.7%3.9%7.8%2.5%1.5%8.5M-13.8M-89.9K12.00125.4111216,24816,247
2020-10-22$59.68$60.004.4%1.3%1.6%2.6%7.1%2.5%1.9%7.9M-10.7M-72.0K0.00121.1504716,24916,249
2020-10-23$59.62$60.005.1%1.5%1.7%3.4%4.8%2.5%2.0%8.2M-12.2M-80.7K11.00122.1222216,24916,273
2020-10-26$59.65$60.004.5%1.3%1.7%2.7%10.1%2.1%2.0%7.8M-10.8M-70.2K5.00119.1321016,25016,278
2020-10-27$59.62$60.004.9%1.4%1.6%3.1%7.3%1.6%0.6%7.4M-9.5M-63.1K18.00126.0911816,25016,278
2020-10-28$59.49$60.008.1%2.3%1.8%6.5%8.2%2.6%0.6%7.6M-13.4M-85.6K6.50118.3221316,25016,278
2020-10-29$59.48$60.009.1%2.6%1.8%7.5%8.4%4.1%0.5%5.4M-14.0M-87.4K4.33115.4631316,25016,279
2020-10-30$59.25$60.008.9%2.5%2.2%7.3%12.9%3.2%0.3%3.4M-8.5M-67.4K1.09124.459601,04416,25016,280