HYD Options History — April 2022

In April 2022, HYD traded between $55.00 and $57.35. ATM implied volatility averaged 11.0%, placing in the 38.8% IV rank vs the trailing year. The 30-day expected move averaged 3.3%. IV traded above realized volatility by 6.6% (HV 20d: 4.4%). Max pain ranged from $56.00 to $57.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 17 of 20 days. Put/call ratio averaged 2.19.

Notable Days

2022-04-26: Highest Volume — 754 contracts
2022-04-08: Largest IV spike — 37.9% change
2022-04-25: Highest IV Rank — 50.2%
2022-04-25: Largest Expected Move — 3.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$55.95	$55.00	$57.35	$57.35	$55.03
Max Pain	$56.75	$56.00	$57.00	$57.00	$56.00
ATM IV	11.0%	7.9%	13.4%	10.9%	12.5%
Expected Move	3.3%	2.7%	3.8%	3.2%	3.6%
HV 20d	4.4%	3.2%	5.8%	5.8%	3.2%
HV 60d	4.5%	4.3%	4.5%	4.4%	4.5%
IV Rank	38.8%	24.3%	50.2%	38.3%	45.9%
IV Percentile	91.6%	74.6%	99.2%	92.5%	97.6%
Term Structure	0.4%	-0.6%	1.2%	0.3%	1.0%
VWIV	12.1%	10.0%	14.8%	13.0%	12.0%
Skew 25d	3.7%	2.2%	4.5%	4.2%	3.9%
Skew 10d	8.6%	5.4%	11.3%	5.4%	8.3%
Call IV 25d	10.3%	8.5%	11.9%	9.1%	11.3%
Put IV 25d	14.1%	12.0%	16.3%	13.3%	15.2%
Bid-Ask Spread %	92.21	43.36	114.22	88.62	99.08
Gamma HHI	0.47	0.27	0.58	0.27	0.55
Net GEX	-639.5K	-758.9K	-513.7K	-513.7K	-698.7K
Net DEX	3.3M	2.2M	3.9M	2.2M	3.8M
Net VEX	-12.7K	-14.3K	-10.5K	-12.2K	-14.2K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	2.19	0.27	3.75	2.26	1.27
Total Volume	527.15	14	754	414	739
Total OI	2,668.4	2,388	2,955	2,388	2,955

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
2022-04-01	$57.35	$57.00	10.9%	3.2%	5.8%	38.3%	13.0%	4.2%	0.3%	-513.7K	2.2M	-12.2K	2.26	88.62	127	287	632	1,756
2022-04-04	$57.32	$57.00	10.4%	3.1%	5.7%	36.2%	12.6%	4.1%	0.4%	-523.1K	2.3M	-11.6K	2.46	78.58	127	312	635	1,756
2022-04-05	$57.12	$57.00	10.4%	3.1%	5.6%	36.1%	12.5%	4.5%	0.8%	-519.2K	2.8M	-12.0K	2.61	90.10	128	334	635	1,836
2022-04-06	$57.04	$57.00	11.1%	3.3%	5.3%	39.4%	14.8%	4.1%	0.1%	-518.0K	3.0M	-12.5K	3.75	90.00	128	480	636	1,859
2022-04-07	$56.77	$56.00	7.9%	3.1%	5.4%	24.3%	12.3%	3.8%	0.6%	-574.0K	3.2M	-12.6K	3.16	89.63	123	389	636	1,979
2022-04-08	$56.49	$57.00	10.9%	3.5%	5.6%	38.3%	12.9%	4.0%	0.4%	-543.6K	3.5M	-13.9K	3.12	90.70	128	399	700	1,999
2022-04-11	$56.29	$57.00	10.4%	3.4%	4.7%	36.3%	12.3%	3.9%	-0.1%	-552.3K	3.3M	-13.6K	3.02	91.21	129	389	712	1,956
2022-04-12	$56.08	$57.00	9.5%	3.2%	4.7%	31.9%	12.1%	4.1%	0.2%	-589.1K	3.5M	-12.5K	2.98	89.97	131	391	712	1,952
2022-04-13	$56.15	$57.00	9.5%	2.7%	4.7%	32.1%	10.0%	3.9%	1.1%	-659.1K	3.1M	-10.5K	3.08	94.73	130	400	714	1,947
2022-04-14	$55.88	$57.00	9.9%	2.8%	4.3%	33.7%	10.7%	3.9%	1.0%	-658.5K	3.6M	-12.4K	3.10	97.39	130	403	739	1,985
2022-04-18	$55.76	$57.00	9.9%	2.8%	3.8%	33.7%	10.8%	2.2%	1.2%	-749.9K	2.6M	-10.7K	2.25	99.98	134	301	716	1,839
2022-04-19	$55.45	$57.00	11.7%	3.4%	3.7%	42.4%	11.0%	3.0%	-0.6%	-714.4K	3.2M	-12.3K	1.89	94.96	160	302	731	1,844
2022-04-20	$55.30	$57.00	10.8%	3.1%	3.7%	38.0%	10.8%	2.2%	0.3%	-758.9K	3.4M	-12.2K	1.41	102.30	214	302	758	1,850
2022-04-21	$55.29	$57.00	11.8%	3.4%	3.7%	42.5%	11.7%	2.8%	0.1%	-711.1K	3.4M	-12.6K	1.50	43.36	214	321	847	1,850
2022-04-22	$55.26	$57.00	12.4%	3.6%	3.7%	45.4%	12.2%	4.1%	-0.5%	-684.4K	3.5M	-12.7K	1.46	93.85	222	323	849	1,833
2022-04-25	$55.16	$57.00	13.4%	3.8%	3.7%	50.2%	13.7%	4.4%	0.0%	-642.3K	3.6M	-13.2K	1.46	93.31	302	441	862	1,843
2022-04-26	$55.11	$56.00	12.3%	3.5%	3.7%	44.9%	12.6%	3.9%	0.5%	-715.3K	3.7M	-14.3K	1.41	92.40	313	441	953	1,965
2022-04-27	$55.00	$56.00	11.9%	3.4%	3.4%	43.0%	0.0%	3.6%	1.1%	-739.2K	3.9M	-14.2K	0.27	114.22	11	3	977	1,965
2022-04-28	$55.08	$56.00	11.9%	3.4%	3.6%	43.2%	12.0%	3.7%	0.9%	-724.5K	3.7M	-14.1K	1.30	109.89	319	416	987	1,968
2022-04-29	$55.03	$56.00	12.5%	3.6%	3.2%	45.9%	12.0%	3.9%	1.0%	-698.7K	3.8M	-14.2K	1.27	99.08	326	413	987	1,968