HYD Options History — November 2022

In November 2022, HYD traded between $48.73 and $51.78. ATM implied volatility averaged 12.6%, placing in the 46.2% IV rank vs the trailing year. The 30-day expected move averaged 3.6%. IV traded above realized volatility by 1.2% (HV 20d: 11.3%). Max pain ranged from $47.00 to $53.00. Net GEX was positive for 10 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 0.75.

Notable Days

  • 2022-11-03: Highest Volume — 1,562 contracts
  • 2022-11-14: Largest IV spike — 15.0% change
  • 2022-11-02: Highest IV Rank — 55.8%
  • 2022-11-02: Largest Expected Move — 4.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$50.33$48.73$51.78$48.94$51.78
Max Pain$51.71$47.00$53.00$47.00$52.00
ATM IV12.6%10.6%14.6%14.1%12.3%
Expected Move3.6%3.0%4.2%4.0%3.5%
HV 20d11.3%7.0%14.4%7.0%13.1%
HV 60d11.3%9.7%12.4%9.7%11.8%
IV Rank46.2%37.0%55.8%53.4%45.2%
IV Percentile63.6%42.5%78.2%77.0%60.7%
Term Structure-0.4%-1.4%0.9%-0.2%-0.5%
VWIV12.8%10.7%16.6%16.0%13.1%
Skew 25d2.2%1.1%3.3%2.1%1.7%
Skew 10d7.3%2.1%15.3%6.4%9.4%
Call IV 25d11.9%10.3%13.5%13.5%12.7%
Put IV 25d14.1%12.4%16.4%15.6%14.4%
Bid-Ask Spread %101.1781.80118.06113.08118.06
Gamma HHI0.290.250.350.350.27
Net GEX-2.0K-218.6K290.6K-215.5K67.9K
Net DEX-545.8K-3.0M1.7M1.7M-1.9M
Net VEX-18.6K-23.9K-6.8K-6.8K-22.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.750.001.220.820.17
Total Volume853.14301,5621,033127
Total OI3,238.5242,2963,8322,2963,381

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-11-01$48.94$47.0014.1%4.0%7.0%53.4%16.0%2.1%-0.2%-215.5K1.7M-6.8K0.82113.085694641,1651,131
2022-11-02$49.08$47.0014.6%4.2%7.1%55.8%16.6%3.2%-0.2%-218.6K1.5M-7.7K0.73112.216384641,2521,143
2022-11-03$48.82$53.0013.6%4.0%7.2%51.1%12.4%3.3%-0.7%-210.4K1.7M-8.5K0.4195.691,1064561,4041,143
2022-11-04$48.73$53.0012.0%3.7%7.2%43.7%12.0%2.6%-0.7%-102.9K1.1M-14.0K0.6999.406634562,0251,076
2022-11-07$48.81$53.0012.5%3.8%7.2%45.8%12.9%3.2%-0.7%-94.1K1.1M-15.2K0.6884.066714562,2061,076
2022-11-08$48.98$53.0012.7%3.7%7.4%47.0%12.6%3.2%-0.6%-98.0K897.6K-15.6K0.6890.156714562,2061,076
2022-11-09$48.95$53.0012.7%3.6%7.4%47.0%12.1%1.7%-0.4%-115.7K1.0M-14.7K0.6893.046634532,1851,076
2022-11-10$50.41$53.0012.0%3.4%12.7%43.7%11.5%2.5%0.0%27.9K-1.1M-19.4K0.7691.296524982,2161,077
2022-11-11$50.58$53.0010.6%3.0%12.7%37.0%10.7%2.6%0.9%79.9K-1.4M-19.5K0.8089.416274992,2561,053
2022-11-14$50.01$53.0012.2%3.5%13.4%44.4%12.3%2.5%0.2%-5.4K-623.1K-18.6K0.8391.066125082,2731,056
2022-11-15$50.61$53.0012.1%3.5%14.0%43.9%12.6%2.4%0.2%109.1K-1.5M-19.8K0.6287.907484632,2821,066
2022-11-16$51.23$51.0012.3%3.5%14.4%45.1%12.5%1.7%-0.1%236.0K-3.0M-22.4K0.5984.037664552,4291,071
2022-11-17$51.01$51.0013.1%3.8%14.3%48.8%13.6%1.4%-0.7%221.7K-2.2M-23.2K1.22105.694996092,4791,206
2022-11-18$50.99$51.0012.3%3.5%13.9%44.9%12.4%2.3%-0.2%290.6K-1.9M-23.9K1.22112.234705742,4871,345
2022-11-21$50.97$51.0012.3%3.5%13.1%44.7%12.4%1.1%-0.2%-80.7K-653.4K-23.4K1.22111.032543102,2121,127
2022-11-22$51.21$51.0011.6%3.3%13.1%41.6%12.1%1.2%-0.0%-54.4K-938.2K-23.1K1.2181.802482992,2541,127
2022-11-23$51.42$52.0012.0%3.4%13.1%43.7%12.4%2.4%-0.4%31.6K-1.2M-23.2K0.79115.652622082,2251,132
2022-11-25$51.36$52.0012.6%3.6%13.2%46.6%0.0%2.0%-0.9%6.4K-1.1M-23.3K0.00117.26102,2221,141
2022-11-28$51.38$52.0013.3%3.8%13.2%49.7%0.0%1.1%-1.4%-7.3K-1.2M-23.0K0.00114.89002,2231,141
2022-11-29$51.70$52.0012.8%3.7%13.2%47.6%13.0%1.5%-0.7%89.6K-1.7M-22.6K0.86116.6922192,2231,141
2022-11-30$51.78$52.0012.3%3.5%13.1%45.2%13.1%1.7%-0.5%67.9K-1.9M-22.5K0.17118.06109182,2241,157