HYD Options History — December 2022

In December 2022, HYD traded between $50.59 and $52.47. ATM implied volatility averaged 13.7%, placing in the 56.6% IV rank vs the trailing year. The 30-day expected move averaged 3.5%. IV traded above realized volatility by 4.9% (HV 20d: 8.7%). Max pain ranged from $50.00 to $53.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 17 of 21 days. Put/call ratio averaged 3.42.

Notable Days

  • 2022-12-19: Highest Volume — 348 contracts
  • 2022-12-14: Largest IV drop — 39.3% change
  • 2022-12-13: Highest IV Rank — 79.0%
  • 2022-12-28: Largest Expected Move — 3.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$51.60$50.59$52.47$51.84$50.59
Max Pain$50.62$50.00$53.00$53.00$51.00
ATM IV13.7%11.4%19.6%12.9%12.6%
Expected Move3.5%3.2%3.9%3.7%3.6%
HV 20d8.7%5.6%13.1%13.1%7.1%
HV 60d10.5%9.7%11.9%11.8%9.9%
IV Rank56.6%47.5%79.0%47.9%56.1%
IV Percentile65.4%43.7%98.4%69.0%60.7%
Term Structure0.2%-1.2%1.1%-1.2%0.6%
VWIV12.9%9.4%16.6%13.0%14.9%
Skew 25d2.0%0.7%2.9%1.7%2.2%
Skew 10d5.8%3.0%11.0%3.0%7.0%
Call IV 25d11.6%10.4%13.3%13.1%12.6%
Put IV 25d13.6%12.1%15.0%14.8%14.8%
Bid-Ask Spread %103.0076.65120.68112.3696.03
Gamma HHI0.390.260.610.260.32
Net GEX409.5K74.6K710.6K146.0K593.9K
Net DEX-2.7M-4.0M-1.9M-2.1M-2.6M
Net VEX-21.8K-23.4K-20.2K-23.4K-21.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.420.0025.000.500.00
Total Volume74.57183481820
Total OI3,144.5242,3033,8523,3902,944

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-12-01$51.84$53.0012.9%3.7%13.1%47.9%13.0%1.7%-1.2%146.0K-2.1M-23.4K0.50112.361262,2141,176
2022-12-02$51.94$53.0012.8%3.7%12.8%47.5%13.0%2.0%-1.2%183.3K-2.3M-23.2K1.00115.4010102,2161,178
2022-12-05$51.69$50.0014.3%3.4%12.9%54.4%12.7%1.8%-0.5%80.9K-1.9M-22.4K23.0098.451232,2251,190
2022-12-06$51.72$50.0013.5%3.5%13.0%50.7%12.1%2.3%0.2%74.6K-1.9M-22.4K0.45106.111152,2261,212
2022-12-07$51.92$50.0015.7%3.2%13.0%60.9%0.0%1.9%0.4%208.6K-2.4M-22.2K6.67108.983202,2361,211
2022-12-08$51.89$50.0016.1%3.4%13.0%63.0%0.0%1.8%0.6%169.0K-2.3M-22.4K0.00105.531302,2391,231
2022-12-09$51.92$50.0016.4%3.5%8.4%64.5%15.1%2.2%0.1%179.7K-2.4M-22.2K0.4496.89942,2481,231
2022-12-12$51.95$50.0019.4%3.5%8.4%78.3%11.6%2.6%0.3%259.7K-2.8M-22.3K0.1193.011922,3811,233
2022-12-13$52.47$50.0019.6%3.5%7.5%79.0%9.4%2.5%0.1%552.8K-4.0M-21.8K0.7796.2171552,4001,235
2022-12-14$52.36$50.0011.9%3.4%6.7%51.8%13.9%2.0%0.4%570.8K-3.7M-21.5K3.00101.11262,3891,272
2022-12-15$52.19$50.0011.7%3.4%5.7%51.0%10.7%1.9%0.3%652.5K-3.4M-21.4K0.10110.31188192,3791,278
2022-12-16$51.98$50.0011.4%3.3%5.6%49.4%10.4%2.7%0.6%710.6K-3.2M-22.0K1.02110.7049502,5551,297
2022-12-19$51.63$50.0011.6%3.3%6.2%50.2%11.1%2.6%1.0%533.2K-3.1M-21.1K0.0876.65323252,044259
2022-12-20$51.20$50.0012.4%3.6%7.0%55.0%13.5%2.0%0.4%526.4K-2.8M-21.3K2.1382.8816342,190284
2022-12-21$51.51$51.0011.7%3.3%7.1%50.6%13.7%1.7%0.5%576.3K-3.2M-22.0K0.60105.0342252,206311
2022-12-22$51.31$51.0011.7%3.4%7.1%50.9%16.6%1.1%1.0%562.0K-2.9M-21.8K25.00118.111252,247336
2022-12-23$51.16$51.0011.7%3.4%7.2%50.9%0.0%0.7%1.1%514.5K-2.7M-21.7K0.00120.68902,248357
2022-12-27$50.84$51.0012.4%3.5%7.5%54.7%13.6%2.9%0.1%437.5K-2.3M-20.2K0.13113.09104142,248357
2022-12-28$50.66$51.0013.6%3.9%7.1%61.8%13.4%1.5%0.1%446.0K-2.1M-20.2K0.00101.1033002,248370
2022-12-29$50.75$51.0013.3%3.8%7.2%60.2%0.0%2.1%-0.1%621.7K-2.9M-22.0K0.0094.330102,547387
2022-12-30$50.59$51.0012.6%3.6%7.1%56.1%14.9%2.2%0.6%593.9K-2.6M-21.2K0.0096.030202,547397