HYD Options History — August 2021

In August 2021, HYD traded between $63.44 and $63.76. ATM implied volatility averaged 5.1%, placing in the 20.3% IV rank vs the trailing year. The 30-day expected move averaged 1.5%. IV traded above realized volatility by 3.7% (HV 20d: 1.4%). Max pain ranged from $62.00 to $63.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 17 of 22 days. Put/call ratio averaged 1.75.

Notable Days

  • 2021-08-19: Highest Volume — 187 contracts
  • 2021-08-31: Largest IV spike — 44.6% change
  • 2021-08-16: Highest IV Rank — 31.8%
  • 2021-08-16: Largest Expected Move — 1.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$63.55$63.44$63.76$63.68$63.50
Max Pain$62.91$62.00$63.00$63.00$63.00
ATM IV5.1%3.1%6.2%4.9%4.8%
Expected Move1.5%0.9%1.8%1.4%1.4%
HV 20d1.4%1.3%1.6%1.5%1.3%
HV 60d2.0%1.9%2.1%2.0%1.9%
IV Rank20.3%0.0%31.8%17.9%18.2%
IV Percentile22.1%0.0%47.6%14.7%14.7%
Term Structure0.8%-0.8%1.8%-0.4%-0.8%
VWIV6.6%5.5%8.5%5.9%8.5%
Skew 25d2.1%1.1%3.7%1.4%2.5%
Skew 10d5.2%1.9%15.2%11.3%4.8%
Call IV 25d4.7%3.0%5.9%5.3%3.2%
Put IV 25d6.8%5.2%7.7%6.7%5.6%
Bid-Ask Spread %61.6118.7699.7163.5521.07
Gamma HHI0.610.310.820.820.35
Net GEX1.1M475.9K1.8M1.6M623.7K
Net DEX-1.5M-2.6M-602.0K-2.4M-775.4K
Net VEX-8.1K-10.2K-6.0K-9.2K-7.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.750.008.090.000.20
Total Volume30.5910187212
Total OI1,838.1361,4692,0281,8391,587

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-08-02$63.68$63.004.9%1.4%1.5%17.9%0.0%1.4%-0.4%1.6M-2.4M-9.2K0.0063.55201,147692
2021-08-03$63.76$63.005.5%1.6%1.5%24.2%0.0%1.3%-0.4%1.6M-2.6M-9.8K0.0099.712001,177692
2021-08-04$63.68$63.005.6%1.6%1.6%25.6%5.9%1.9%-0.4%1.4M-2.5M-10.0K7.7718.76131011,177692
2021-08-05$63.67$62.005.0%1.6%1.3%18.9%0.0%2.0%1.3%1.6M-2.4M-9.9K0.0058.84201,195692
2021-08-06$63.64$62.004.9%1.6%1.3%17.4%0.0%1.8%1.3%1.4M-2.3M-10.2K0.0034.60001,208793
2021-08-09$63.59$63.005.2%1.7%1.3%20.6%5.5%1.9%1.2%1.3M-2.2M-10.0K0.0094.131101,202793
2021-08-10$63.60$63.005.1%1.6%1.3%19.5%0.0%2.0%1.1%1.3M-2.2M-9.9K0.0034.00501,202793
2021-08-11$63.56$63.005.3%1.5%1.3%22.5%0.0%1.7%1.3%1.4M-2.0M-8.8K0.0093.25001,211793
2021-08-12$63.51$63.005.3%1.5%1.3%22.6%0.0%1.9%1.8%1.3M-1.9M-8.9K0.0095.58001,215793
2021-08-13$63.59$63.005.3%1.5%1.4%22.5%0.0%1.4%1.2%1.8M-1.8M-8.2K0.0037.06001,215793
2021-08-16$63.50$63.006.2%1.8%1.4%31.8%0.0%2.1%0.1%1.5M-1.4M-7.1K1.0536.4420211,215793
2021-08-17$63.55$63.005.0%1.4%1.5%18.6%0.0%1.8%1.0%1.5M-1.1M-7.7K0.0088.79001,215793
2021-08-18$63.56$63.005.1%1.5%1.5%20.3%0.0%1.1%0.8%1.6M-1.3M-7.6K0.0095.12101,215812
2021-08-19$63.44$63.006.1%1.7%1.5%30.2%8.5%1.5%0.2%1.1M-1.1M-6.5K0.0072.6601871,215812
2021-08-20$63.44$63.005.9%1.7%1.5%28.4%0.0%1.2%0.2%624.3K-941.5K-6.0K0.0091.495601,216812
2021-08-23$63.49$63.004.9%1.4%1.5%18.0%0.0%3.3%1.5%475.9K-602.0K-7.6K0.0037.01560678791
2021-08-24$63.48$63.005.0%1.4%1.5%19.3%0.0%3.4%1.7%481.2K-935.4K-6.5K0.0081.9600717791
2021-08-25$63.44$63.005.9%1.7%1.5%28.3%0.0%2.4%-0.2%525.6K-996.9K-7.0K5.6077.251056773791
2021-08-26$63.47$63.005.0%1.4%1.5%18.9%0.0%3.7%1.6%490.2K-890.5K-7.1K0.0020.6700773791
2021-08-27$63.52$63.003.1%0.9%1.5%0.0%0.0%3.4%1.8%540.4K-973.8K-6.8K0.0021.2800763824
2021-08-30$63.51$63.003.3%1.0%1.4%2.9%0.0%1.8%1.3%827.9K-793.4K-6.4K8.0982.251189763824
2021-08-31$63.50$63.004.8%1.4%1.3%18.2%0.0%2.5%-0.8%623.7K-775.4K-7.0K0.2021.07102763824