HYD Options History — February 2022

In February 2022, HYD traded between $59.34 and $60.68. ATM implied volatility averaged 9.5%, placing in the 32.0% IV rank vs the trailing year. The 30-day expected move averaged 2.7%. IV traded above realized volatility by 5.8% (HV 20d: 3.7%). Max pain ranged from $62.00 to $63.00. Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 2 of 19 days. Put/call ratio averaged 4.20.

Notable Days

2022-02-28: Highest Volume — 1,184 contracts
2022-02-28: Largest IV spike — 40.2% change
2022-02-07: Highest IV Rank — 41.1%
2022-02-14: Largest Expected Move — 3.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$59.89	$59.34	$60.68	$60.44	$59.47
Max Pain	$62.16	$62.00	$63.00	$62.00	$62.00
ATM IV	9.5%	6.9%	11.5%	10.9%	9.7%
Expected Move	2.7%	2.0%	3.2%	3.1%	2.8%
HV 20d	3.7%	3.0%	4.2%	3.0%	3.8%
HV 60d	2.9%	2.6%	3.2%	2.8%	3.1%
IV Rank	32.0%	19.8%	41.1%	38.2%	32.8%
IV Percentile	90.6%	67.9%	98.8%	97.2%	92.5%
Term Structure	-1.0%	-2.5%	0.3%	-0.6%	-0.6%
VWIV	12.6%	9.5%	16.8%	12.6%	12.3%
Skew 25d	4.7%	3.2%	6.6%	5.8%	4.3%
Skew 10d	9.9%	6.4%	14.0%	11.9%	7.4%
Call IV 25d	8.2%	6.9%	9.8%	7.8%	7.5%
Put IV 25d	12.9%	10.4%	14.9%	13.6%	11.8%
Bid-Ask Spread %	98.10	64.76	115.73	107.45	111.65
Gamma HHI	0.36	0.23	0.50	0.23	0.30
Net GEX	-851.4K	-1.3M	-435.9K	-435.9K	-872.7K
Net DEX	3.1M	1.8M	4.3M	1.8M	3.6M
Net VEX	-7.7K	-9.7K	-5.7K	-6.5K	-9.2K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	4.20	1.49	6.40	2.93	6.40
Total Volume	804.316	409	1,184	656	1,184
Total OI	2,076.474	1,336	2,606	1,336	2,326

Daily Data (19 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
2022-02-01	$60.44	$62.00	10.9%	3.1%	3.0%	38.2%	12.6%	5.8%	-0.6%	-435.9K	1.8M	-6.5K	2.93	107.45	167	489	377	959
2022-02-02	$60.53	$62.00	7.9%	2.3%	3.2%	24.4%	13.8%	5.3%	0.3%	-451.3K	1.8M	-7.4K	2.08	115.73	179	373	467	1,040
2022-02-03	$60.68	$63.00	8.7%	2.6%	3.4%	28.1%	10.6%	4.3%	-1.8%	-448.9K	1.8M	-7.3K	2.26	98.68	165	373	467	1,054
2022-02-04	$60.51	$63.00	9.0%	2.5%	3.4%	29.6%	11.0%	4.7%	-1.1%	-450.5K	2.0M	-7.3K	4.88	95.90	120	585	467	1,054
2022-02-07	$60.48	$63.00	11.5%	2.8%	3.4%	41.1%	9.7%	4.2%	-1.7%	-808.9K	2.6M	-9.2K	2.61	95.27	150	392	472	1,406
2022-02-08	$60.38	$62.00	10.4%	2.6%	3.1%	36.2%	9.7%	3.4%	-1.0%	-981.3K	2.9M	-8.3K	2.36	91.53	160	378	492	1,509
2022-02-09	$60.23	$62.00	9.1%	2.6%	3.1%	29.8%	9.5%	3.6%	-0.9%	-955.2K	3.1M	-9.4K	2.36	79.19	160	377	512	1,517
2022-02-10	$59.81	$62.00	9.2%	2.6%	3.6%	30.3%	12.3%	5.7%	-0.9%	-1.1M	4.2M	-9.3K	1.49	64.76	164	245	512	1,648
2022-02-11	$59.53	$62.00	9.4%	2.7%	3.7%	31.2%	10.3%	4.4%	-1.4%	-990.9K	3.9M	-7.6K	4.06	103.79	162	657	516	1,442
2022-02-14	$59.34	$62.00	11.2%	3.2%	3.7%	39.6%	13.3%	5.7%	-2.1%	-1.1M	4.3M	-7.8K	4.27	104.85	178	760	514	1,942
2022-02-15	$59.47	$62.00	11.1%	3.2%	3.9%	39.3%	15.4%	6.6%	-2.5%	-1.1M	4.1M	-6.9K	4.99	94.14	152	759	543	2,048
2022-02-16	$59.45	$62.00	10.5%	3.0%	3.9%	36.7%	14.3%	4.8%	-1.3%	-1.3M	3.8M	-6.6K	5.11	98.37	152	776	545	2,061
2022-02-17	$59.52	$62.00	9.3%	2.7%	4.0%	31.0%	14.3%	5.2%	-0.6%	-1.1M	3.7M	-6.4K	5.08	103.86	152	772	545	2,041
2022-02-18	$59.61	$62.00	9.9%	2.8%	4.1%	33.8%	16.8%	4.9%	-1.1%	-1.2M	3.7M	-7.2K	6.37	91.62	151	962	545	2,041
2022-02-22	$59.68	$62.00	9.7%	2.8%	4.2%	32.9%	14.5%	5.6%	-1.0%	-628.9K	2.7M	-6.9K	5.16	101.64	137	707	519	1,493
2022-02-23	$59.58	$62.00	8.9%	2.6%	4.2%	29.2%	15.1%	4.3%	-0.1%	-657.5K	2.8M	-7.0K	4.98	91.49	142	707	523	1,499
2022-02-24	$59.58	$62.00	7.6%	2.2%	4.1%	23.1%	12.3%	3.5%	-1.1%	-591.1K	2.7M	-5.7K	6.16	109.05	160	986	527	1,499
2022-02-25	$59.54	$62.00	6.9%	2.0%	4.1%	19.8%	11.6%	3.2%	0.2%	-962.3K	3.5M	-9.7K	6.18	104.89	160	989	542	1,789
2022-02-28	$59.47	$62.00	9.7%	2.8%	3.8%	32.8%	12.3%	4.3%	-0.6%	-872.7K	3.6M	-9.2K	6.40	111.65	160	1,024	537	1,789