HYD Options History — July 2021

In July 2021, HYD traded between $63.40 and $63.92. ATM implied volatility averaged 5.4%, placing in the 22.8% IV rank vs the trailing year. The 30-day expected move averaged 1.5%. IV traded above realized volatility by 3.1% (HV 20d: 2.2%). Max pain ranged from $63.00 to $63.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 18 of 21 days. Put/call ratio averaged 0.72.

Notable Days

2021-07-15: Highest Volume — 206 contracts
2021-07-07: Largest IV spike — 71.1% change
2021-07-13: Highest IV Rank — 42.0%
2021-07-01: Largest Expected Move — 1.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$63.76	$63.40	$63.92	$63.40	$63.81
Max Pain	$63.00	$63.00	$63.00	$63.00	$63.00
ATM IV	5.4%	3.2%	7.2%	6.5%	4.8%
Expected Move	1.5%	1.1%	1.9%	1.9%	1.4%
HV 20d	2.2%	1.3%	2.6%	2.6%	1.3%
HV 60d	2.2%	1.9%	2.4%	2.4%	2.0%
IV Rank	22.8%	0.0%	42.0%	33.6%	16.6%
IV Percentile	22.6%	0.0%	57.1%	43.3%	12.7%
Term Structure	0.5%	-0.9%	1.1%	-0.9%	-0.0%
VWIV	5.7%	4.4%	8.0%	5.0%	4.8%
Skew 25d	1.5%	0.7%	4.3%	2.3%	1.2%
Skew 10d	5.9%	1.1%	21.0%	1.1%	1.6%
Call IV 25d	4.8%	3.3%	6.2%	4.3%	4.8%
Put IV 25d	6.3%	5.7%	7.6%	6.6%	6.1%
Bid-Ask Spread %	62.01	21.87	104.07	23.99	30.59
Gamma HHI	0.71	0.56	0.84	0.73	0.77
Net GEX	1.0M	281.8K	2.0M	289.8K	1.9M
Net DEX	-2.0M	-2.7M	-981.3K	-1.1M	-2.5M
Net VEX	-9.2K	-11.1K	-6.9K	-6.9K	-9.4K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.72	0.00	3.07	1.25	0.00
Total Volume	58.762	0	206	45	44
Total OI	1,567.429	1,146	1,840	1,146	1,840

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
2021-07-01	$63.40	$63.00	6.5%	1.9%	2.6%	33.6%	0.0%	2.3%	-0.9%	289.8K	-1.1M	-6.9K	1.25	23.99	20	25	565	581
2021-07-02	$63.47	$63.00	5.4%	1.5%	2.6%	21.9%	0.0%	4.3%	0.6%	288.3K	-1.1M	-7.4K	2.27	31.99	22	50	585	591
2021-07-06	$63.52	$63.00	3.2%	1.4%	2.6%	0.0%	5.0%	1.2%	0.7%	281.8K	-981.3K	-7.3K	3.07	95.78	14	43	576	576
2021-07-07	$63.59	$63.00	5.4%	1.6%	2.5%	23.5%	5.6%	1.2%	0.4%	324.0K	-1.2M	-7.4K	0.00	56.25	192	0	590	574
2021-07-08	$63.75	$63.00	6.7%	1.6%	2.6%	36.1%	5.2%	1.3%	0.8%	723.3K	-1.9M	-8.3K	0.83	30.24	24	20	782	574
2021-07-09	$63.73	$63.00	5.1%	1.5%	2.5%	19.8%	0.0%	1.2%	1.0%	718.3K	-1.7M	-9.1K	1.00	32.62	1	1	795	600
2021-07-12	$63.75	$63.00	6.3%	1.5%	2.5%	32.2%	8.0%	1.5%	1.0%	729.0K	-1.8M	-9.0K	0.00	33.53	0	186	796	600
2021-07-13	$63.74	$63.00	7.2%	1.6%	2.5%	42.0%	0.0%	1.8%	0.6%	564.6K	-1.6M	-9.6K	0.00	94.00	0	15	796	785
2021-07-14	$63.77	$63.00	5.2%	1.5%	2.5%	20.7%	0.0%	1.6%	1.1%	654.7K	-1.8M	-9.0K	0.00	95.46	0	0	796	780
2021-07-15	$63.78	$63.00	5.1%	1.5%	2.2%	20.0%	5.0%	1.6%	0.7%	759.8K	-1.8M	-8.9K	0.00	96.21	205	1	796	780
2021-07-16	$63.83	$63.00	5.0%	1.4%	2.1%	18.5%	6.2%	1.7%	1.0%	1.1M	-2.4M	-10.4K	2.73	29.82	11	30	996	781
2021-07-19	$63.84	$63.00	5.9%	1.7%	2.1%	28.9%	6.4%	0.7%	0.3%	1.0M	-2.4M	-10.4K	0.86	23.75	81	70	996	646
2021-07-20	$63.81	$63.00	5.9%	1.7%	2.1%	28.6%	0.0%	2.0%	0.3%	1.0M	-2.4M	-11.1K	0.00	21.87	57	0	1,065	692
2021-07-21	$63.82	$63.00	5.9%	1.7%	2.1%	27.8%	6.4%	2.1%	0.4%	1.0M	-2.4M	-10.9K	0.00	33.27	5	0	1,065	692
2021-07-22	$63.92	$63.00	4.9%	1.4%	2.0%	17.5%	5.0%	0.8%	0.4%	1.5M	-2.7M	-10.2K	0.00	87.19	5	0	1,070	692
2021-07-23	$63.91	$63.00	4.9%	1.4%	2.1%	18.4%	0.0%	0.8%	0.4%	1.6M	-2.7M	-10.0K	0.00	99.89	2	0	1,076	692
2021-07-26	$63.89	$63.00	5.4%	1.5%	2.1%	22.8%	5.8%	1.0%	0.2%	1.5M	-2.7M	-9.7K	0.20	83.27	10	2	1,076	692
2021-07-27	$63.90	$63.00	5.5%	1.6%	2.0%	23.8%	0.0%	0.7%	-0.1%	1.6M	-2.7M	-9.3K	0.00	99.40	6	0	1,077	692
2021-07-28	$63.90	$63.00	4.0%	1.1%	2.1%	8.6%	4.4%	1.6%	0.6%	2.0M	-2.6M	-9.0K	0.01	104.07	91	1	1,087	693
2021-07-29	$63.89	$63.00	4.8%	1.4%	1.9%	16.8%	0.0%	1.1%	0.2%	1.8M	-2.7M	-8.9K	0.00	98.92	0	0	1,085	693
2021-07-30	$63.81	$63.00	4.8%	1.4%	1.3%	16.6%	4.8%	1.2%	-0.0%	1.9M	-2.5M	-9.4K	0.00	30.59	44	0	1,148	692