HYD Options History — November 2021

In November 2021, HYD traded between $61.84 and $62.43. ATM implied volatility averaged 6.4%, placing in the 38.0% IV rank vs the trailing year. The 30-day expected move averaged 1.8%. IV traded above realized volatility by 3.5% (HV 20d: 2.9%). Max pain ranged from $62.00 to $63.00. Net GEX was positive for 17 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 1.75.

Notable Days

  • 2021-11-01: Highest Volume — 799 contracts
  • 2021-11-30: Largest IV spike — 33.9% change
  • 2021-11-15: Highest IV Rank — 47.8%
  • 2021-11-15: Largest Expected Move — 2.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$62.24$61.84$62.43$61.85$62.43
Max Pain$62.86$62.00$63.00$62.00$63.00
ATM IV6.4%5.4%7.3%6.3%7.3%
Expected Move1.8%1.6%2.1%1.8%2.1%
HV 20d2.9%2.5%3.1%2.6%2.5%
HV 60d2.7%2.4%2.8%2.4%2.8%
IV Rank38.0%26.8%47.8%37.4%47.7%
IV Percentile61.5%33.7%78.6%62.3%78.2%
Term Structure-0.2%-0.8%2.2%-0.2%-0.8%
VWIV7.1%4.3%10.2%6.3%6.8%
Skew 25d2.3%1.2%3.8%1.8%2.2%
Skew 10d4.4%2.3%7.5%5.5%3.9%
Call IV 25d5.8%3.9%7.2%7.2%6.3%
Put IV 25d8.1%6.9%9.1%8.9%8.5%
Bid-Ask Spread %89.5051.35127.0590.2776.80
Gamma HHI0.270.190.350.210.28
Net GEX78.6K-114.4K213.3K73.6K-42.1K
Net DEX160.9K-464.1K701.6K701.6K467.4K
Net VEX-5.8K-8.0K-4.1K-6.9K-4.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.750.573.210.761.40
Total Volume605.762497799799705
Total OI1,599.4291,3691,7841,5731,426

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-11-01$61.85$62.006.3%1.8%2.6%37.4%6.3%1.8%-0.2%73.6K701.6K-6.9K0.7690.27455344825748
2021-11-02$61.84$62.006.2%1.8%2.6%35.2%6.2%2.8%-0.4%102.7K608.4K-7.6K0.5792.45446254824768
2021-11-03$61.92$62.006.4%1.8%2.6%37.8%6.4%3.1%-0.5%123.9K473.2K-8.0K0.57112.46446254824768
2021-11-04$62.04$63.006.0%1.7%2.7%32.9%4.5%3.4%0.2%149.4K323.4K-6.3K0.5968.78431255819768
2021-11-05$62.22$63.005.7%1.6%2.8%29.5%4.3%3.0%0.2%213.3K-98.3K-6.2K0.8175.93431351819749
2021-11-08$62.13$63.006.3%1.8%2.6%36.6%6.9%2.1%-0.2%-28.2K367.1K-6.4K0.8188.25431351819846
2021-11-09$62.43$63.005.9%1.8%3.1%32.0%5.5%2.9%-0.3%121.4K-372.2K-6.8K0.6284.10429264819846
2021-11-10$62.33$63.006.9%2.0%3.1%43.8%6.7%3.6%-0.5%124.6K-172.4K-6.8K0.6077.78427256825827
2021-11-11$62.39$63.007.3%2.1%3.1%47.8%6.2%3.8%-0.8%120.6K-93.6K-5.9K1.0051.35258257827829
2021-11-12$62.37$63.007.1%2.0%3.1%45.6%10.2%2.9%-0.6%119.0K-147.2K-6.1K2.4865.88143354837832
2021-11-15$62.33$63.007.3%2.1%3.1%47.8%9.9%2.5%-0.8%92.4K-198.3K-6.3K2.48116.93143354842932
2021-11-16$62.32$63.006.7%1.9%3.1%40.9%9.0%2.6%-0.1%112.9K-116.8K-6.0K2.4873.37143354842932
2021-11-17$62.24$63.006.2%1.8%3.1%36.0%8.2%1.2%-0.2%65.4K-19.6K-4.9K2.5573.28143364842932
2021-11-18$62.28$63.005.7%1.6%2.9%29.8%7.9%1.2%-0.1%101.9K63.3K-5.5K2.55117.64143364842942
2021-11-19$62.32$63.006.1%1.7%2.9%34.2%6.3%1.4%-0.3%123.0K-464.1K-4.9K2.4968.53151376842942
2021-11-22$62.30$63.006.3%1.8%2.9%36.4%6.6%1.5%-0.3%115.9K334.4K-4.1K2.4059.12146351640729
2021-11-23$62.26$63.006.8%2.0%2.9%42.8%8.4%1.4%-0.5%20.5K371.1K-5.0K2.40122.88146351660729
2021-11-24$62.29$63.006.3%1.8%2.8%36.6%7.4%1.3%-0.0%61.5K432.3K-5.0K2.81112.67146410660729
2021-11-26$62.42$63.006.5%1.9%2.9%39.5%7.6%1.2%-0.4%-6.9K359.7K-4.5K3.21127.05131421660810
2021-11-29$62.42$63.005.4%1.6%2.9%26.8%8.2%2.0%2.2%-114.4K560.1K-4.8K3.14123.99131411626810
2021-11-30$62.43$63.007.3%2.1%2.5%47.7%6.8%2.2%-0.8%-42.1K467.4K-4.7K1.4076.80294411626800