HYD Options History — January 2022

In January 2022, HYD traded between $60.39 and $62.31. ATM implied volatility averaged 5.9%, placing in the 14.7% IV rank vs the trailing year. The 30-day expected move averaged 1.7%. IV traded above realized volatility by 3.3% (HV 20d: 2.6%). Max pain ranged from $62.00 to $62.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 8 of 20 days. Put/call ratio averaged 12.06.

Notable Days

2022-01-21: Highest Volume — 1,360 contracts
2022-01-12: Largest IV spike — 47.2% change
2022-01-28: Highest IV Rank — 40.7%
2022-01-28: Largest Expected Move — 3.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$61.50	$60.39	$62.31	$62.31	$60.39
Max Pain	$62.00	$62.00	$62.00	$62.00	$62.00
ATM IV	5.9%	2.7%	11.4%	5.4%	10.9%
Expected Move	1.7%	1.1%	3.3%	1.6%	3.1%
HV 20d	2.6%	2.0%	2.9%	2.0%	2.9%
HV 60d	2.6%	2.3%	2.8%	2.4%	2.8%
IV Rank	14.7%	0.0%	40.7%	11.3%	38.2%
IV Percentile	42.2%	0.0%	98.8%	37.7%	97.6%
Term Structure	-0.3%	-2.1%	0.7%	-0.8%	-2.1%
VWIV	7.9%	4.5%	15.2%	4.9%	15.2%
Skew 25d	2.8%	0.4%	6.8%	0.8%	4.3%
Skew 10d	5.4%	-0.0%	15.3%	-0.0%	11.4%
Call IV 25d	4.9%	3.0%	9.8%	4.4%	9.8%
Put IV 25d	7.7%	5.2%	14.9%	5.2%	14.1%
Bid-Ask Spread %	94.18	40.13	132.80	111.99	100.40
Gamma HHI	0.25	0.19	0.43	0.24	0.25
Net GEX	-187.9K	-533.2K	-1.0K	-80.7K	-526.2K
Net DEX	756.4K	75.0K	2.1M	233.4K	2.1M
Net VEX	-3.9K	-5.8K	-3.0K	-4.5K	-5.7K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	12.06	2.48	23.19	2.76	4.23
Total Volume	890.2	267	1,360	267	596
Total OI	1,265.65	674	1,764	674	1,302

Daily Data (20 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
2022-01-03	$62.31	$62.00	5.4%	1.6%	2.0%	11.3%	4.9%	0.8%	-0.8%	-80.7K	233.4K	-4.5K	2.76	111.99	71	196	294	380
2022-01-04	$62.31	$62.00	5.2%	1.5%	2.0%	10.0%	4.5%	6.8%	-0.4%	-1.0K	75.0K	-3.4K	2.48	82.55	79	196	295	380
2022-01-05	$62.09	$62.00	4.3%	1.2%	2.3%	5.7%	4.8%	0.4%	-0.0%	-75.6K	278.6K	-4.1K	2.65	123.68	74	196	325	380
2022-01-06	$62.09	$62.00	4.7%	1.2%	2.3%	7.7%	7.1%	1.4%	0.1%	-93.5K	252.3K	-3.8K	16.16	132.18	74	1,196	330	380
2022-01-07	$62.04	$62.00	4.6%	1.3%	2.3%	7.3%	5.9%	1.8%	0.2%	-34.8K	258.9K	-3.6K	16.30	87.79	74	1,206	330	1,380
2022-01-10	$61.73	$62.00	4.5%	1.3%	2.8%	6.7%	5.3%	1.1%	0.1%	-98.5K	444.1K	-3.4K	17.10	54.23	71	1,214	330	1,290
2022-01-11	$61.75	$62.00	2.7%	1.2%	2.7%	0.0%	4.8%	1.5%	0.1%	-113.5K	480.8K	-3.5K	17.11	67.75	71	1,215	332	1,301
2022-01-12	$61.79	$62.00	4.0%	1.1%	2.7%	6.0%	5.5%	1.4%	0.5%	-122.7K	438.4K	-3.7K	21.43	40.13	56	1,200	331	1,302
2022-01-13	$61.79	$62.00	4.3%	1.2%	2.7%	7.4%	5.7%	1.6%	0.7%	-91.6K	388.4K	-3.6K	19.67	59.51	61	1,200	331	1,302
2022-01-14	$61.74	$62.00	4.3%	1.2%	2.7%	7.2%	7.2%	1.7%	0.6%	-84.1K	384.1K	-3.6K	23.04	72.59	52	1,198	341	1,303
2022-01-18	$61.48	$62.00	6.2%	1.8%	2.9%	16.4%	6.6%	1.7%	-0.5%	-132.0K	572.3K	-3.0K	23.19	58.69	52	1,206	340	1,303
2022-01-19	$61.49	$62.00	5.6%	1.6%	2.9%	13.7%	5.8%	3.3%	0.3%	-133.5K	601.3K	-3.0K	23.19	87.51	52	1,206	342	1,309
2022-01-20	$61.49	$62.00	6.2%	1.8%	2.9%	16.4%	7.0%	3.9%	-0.5%	-139.2K	592.8K	-3.0K	18.07	90.98	70	1,265	342	1,309
2022-01-21	$61.33	$62.00	6.3%	1.8%	2.7%	16.9%	8.2%	3.8%	-0.2%	-533.2K	1.7M	-4.2K	13.95	121.63	91	1,269	364	1,400
2022-01-24	$61.21	$62.00	5.8%	1.7%	2.7%	14.3%	9.7%	2.7%	-0.1%	-207.8K	804.7K	-3.5K	3.12	124.72	85	265	357	391
2022-01-25	$61.06	$62.00	5.8%	1.7%	2.7%	14.6%	15.1%	2.9%	-0.2%	-222.8K	899.3K	-3.6K	3.12	132.80	85	265	359	415
2022-01-26	$60.83	$62.00	7.7%	2.2%	2.8%	23.2%	8.2%	4.0%	-1.2%	-318.1K	1.2M	-4.2K	4.76	122.13	85	405	359	518
2022-01-27	$60.70	$62.00	9.1%	2.6%	2.8%	30.0%	11.0%	5.2%	-1.2%	-348.3K	1.6M	-5.2K	4.23	108.63	102	431	359	700
2022-01-28	$60.41	$62.00	11.4%	3.3%	2.9%	40.7%	15.1%	6.0%	-1.7%	-400.0K	2.0M	-5.8K	4.63	103.76	102	472	364	843
2022-01-31	$60.39	$62.00	10.9%	3.1%	2.9%	38.2%	15.2%	4.3%	-2.1%	-526.2K	2.1M	-5.7K	4.23	100.40	114	482	364	938