HYD Options History — May 2022

In May 2022, HYD traded between $52.79 and $55.88. ATM implied volatility averaged 9.3%, placing in the 31.1% IV rank vs the trailing year. The 30-day expected move averaged 2.8%. IV traded above realized volatility by 4.2% (HV 20d: 5.1%). Max pain ranged from $55.00 to $60.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 17 of 21 days. Put/call ratio averaged 2.37.

Notable Days

  • 2022-05-13: Highest Volume — 2,953 contracts
  • 2022-05-06: Largest IV spike — 28.2% change
  • 2022-05-06: Highest IV Rank — 37.6%
  • 2022-05-06: Largest Expected Move — 3.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$54.20$52.79$55.88$54.85$55.72
Max Pain$57.67$55.00$60.00$56.00$56.00
ATM IV9.3%7.5%10.7%10.3%8.9%
Expected Move2.8%2.1%3.6%3.0%2.6%
HV 20d5.1%3.1%10.3%3.2%10.3%
HV 60d5.1%4.3%7.3%4.4%7.3%
IV Rank31.1%22.5%37.6%35.7%29.1%
IV Percentile76.9%67.1%86.9%84.1%70.6%
Term Structure0.6%-0.8%2.7%0.4%-0.1%
VWIV11.5%7.8%17.4%10.3%9.5%
Skew 25d3.5%1.5%6.3%6.3%1.5%
Skew 10d7.7%3.1%11.9%9.1%3.1%
Call IV 25d9.3%7.2%11.1%7.2%10.2%
Put IV 25d12.8%10.6%15.1%13.5%11.6%
Bid-Ask Spread %97.6779.68115.99107.75100.38
Gamma HHI0.500.300.720.570.41
Net GEX-1.7M-3.0M-779.7K-779.7K-1.3M
Net DEX6.4M752.0K13.3M3.9M752.0K
Net VEX-14.4K-21.0K-6.7K-13.5K-6.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.371.126.171.291.56
Total Volume1,227.9056602,9537321,012
Total OI4,724.7622,9706,7752,9706,775

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-05-02$54.85$56.0010.3%3.0%3.2%35.7%10.3%6.3%0.4%-779.7K3.9M-13.5K1.29107.753194139971,973
2022-05-03$54.66$56.009.4%2.7%3.2%31.4%9.4%4.3%0.7%-920.2K4.4M-14.0K1.12112.373193571,0072,098
2022-05-04$54.65$55.007.5%2.1%3.3%22.5%9.9%3.3%2.7%-936.4K4.3M-14.0K1.25115.993244041,0132,069
2022-05-05$54.62$60.008.4%3.2%3.3%26.6%16.3%4.0%0.0%-918.6K4.4M-14.4K1.2292.533263991,0242,119
2022-05-06$54.45$60.0010.7%3.6%3.2%37.6%14.3%3.8%-0.8%-964.7K4.7M-14.2K1.1979.683093691,0272,120
2022-05-09$54.03$60.008.6%3.1%3.6%27.8%10.6%4.1%0.7%-1.2M5.6M-13.1K1.3790.543494791,0362,124
2022-05-10$53.89$60.008.6%3.0%3.6%27.7%10.6%3.6%0.4%-1.3M6.6M-13.8K1.2888.003674711,0792,284
2022-05-11$53.78$59.0010.0%2.9%3.6%34.2%10.9%3.5%1.1%-1.4M6.8M-13.2K1.3088.783554621,0612,269
2022-05-12$53.66$59.009.4%2.7%3.3%31.5%7.8%3.3%1.4%-1.3M7.1M-12.9K1.4692.663555181,1132,264
2022-05-13$53.53$59.009.6%2.7%3.2%32.2%10.6%5.6%1.0%-1.3M7.3M-12.9K6.1797.394122,5411,1132,255
2022-05-16$53.43$57.0010.2%2.9%3.2%34.9%11.6%3.6%0.2%-2.6M11.0M-21.0K3.73115.654171,5551,1664,262
2022-05-17$53.15$57.0010.1%2.9%3.1%34.6%14.9%2.9%0.4%-2.3M12.0M-18.7K4.0097.633871,5471,1714,272
2022-05-18$52.79$57.0010.2%2.9%3.6%35.2%17.4%4.2%0.3%-2.1M13.3M-16.5K3.7695.974041,5191,1884,291
2022-05-19$53.03$57.0010.2%2.9%4.3%35.3%12.1%3.9%-0.2%-2.7M12.9M-21.0K3.8796.213931,5191,1935,282
2022-05-20$53.54$57.009.6%2.7%5.9%32.1%11.8%4.3%-0.5%-3.0M10.5M-21.0K3.2494.674191,3581,1985,282
2022-05-23$53.58$57.009.0%2.6%6.0%29.5%10.3%2.7%0.7%-3.0M9.1M-19.9K3.44102.853591,2361,1294,975
2022-05-24$54.36$57.008.7%2.5%8.2%28.3%11.0%2.3%0.7%-3.0M4.8M-12.7K3.9793.023111,2351,1504,988
2022-05-25$54.96$58.008.6%2.5%9.2%27.6%15.4%1.7%1.3%-2.1M2.8M-10.6K1.2486.532943661,1505,015
2022-05-26$55.68$58.009.0%2.6%10.3%29.7%8.6%2.6%0.4%-1.4M1.4M-8.3K1.1899.623233801,1575,142
2022-05-27$55.88$56.008.8%2.5%10.3%28.8%8.9%2.3%0.9%-1.2M939.5K-9.5K2.15102.872876171,2285,161
2022-05-31$55.72$56.008.9%2.6%10.3%29.1%9.5%1.5%-0.1%-1.3M752.0K-6.7K1.56100.383956171,2345,541