HYD Options History — October 2023

In October 2023, HYD traded between $47.56 and $49.12. ATM implied volatility averaged 11.0%, placing in the 42.3% IV rank vs the trailing year. The 30-day expected move averaged 3.1%. IV traded above realized volatility by 1.3% (HV 20d: 9.7%). Max pain ranged from $48.00 to $50.00. Net GEX was positive for 3 of 22 trading days. Term structure was in contango for 4 of 22 days. Put/call ratio averaged 107.65.

Notable Days

  • 2023-10-03: Highest Volume — 3,456 contracts
  • 2023-10-03: Largest IV spike — 39.2% change
  • 2023-10-03: Highest IV Rank — 59.7%
  • 2023-10-03: Largest Expected Move — 3.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$48.21$47.56$49.12$48.62$47.84
Max Pain$48.91$48.00$50.00$50.00$48.00
ATM IV11.0%9.5%13.6%9.8%10.0%
Expected Move3.1%2.8%3.9%2.8%2.9%
HV 20d9.7%6.4%11.2%6.4%9.2%
HV 60d7.6%6.6%8.1%6.6%7.7%
IV Rank42.3%32.6%59.7%34.0%35.9%
IV Percentile63.9%50.8%85.7%53.2%55.6%
Term Structure-0.5%-2.7%0.2%-0.4%-0.2%
VWIV11.3%8.7%13.5%13.5%10.3%
Skew 25d2.3%0.9%3.7%3.5%2.5%
Skew 10d5.2%-2.9%10.9%7.1%10.9%
Call IV 25d10.3%8.0%12.6%8.0%8.9%
Put IV 25d12.5%11.1%15.9%11.4%11.3%
Bid-Ask Spread %76.6628.03120.9574.1251.58
Gamma HHI0.620.140.980.160.20
Net GEX-2.2M-8.9M25.0K-151.4K25.0K
Net DEX5.5M1.1M17.4M1.7M1.1M
Net VEX-7.8K-18.2K-2.7K-3.9K-3.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio107.650.001790.000.000.00
Total Volume27203,4563040
Total OI3,367.6821,1674,9811,1671,348

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-10-02$48.62$50.009.8%2.8%6.4%34.0%0.0%3.5%-0.4%-151.4K1.7M-3.9K0.0074.12300482685
2023-10-03$47.97$50.0013.6%3.9%7.6%59.7%13.5%3.3%-2.7%-136.4K2.0M-3.9K137.2457.87253,431512685
2023-10-04$48.25$50.0012.5%3.6%8.2%52.6%13.4%3.7%-0.7%-2.6M8.9M-18.2K1.4390.2714205334,197
2023-10-05$48.39$49.0012.5%3.1%8.3%52.7%0.0%1.8%-0.7%-2.5M8.2M-17.4K0.0045.31005474,217
2023-10-06$48.23$49.0011.4%3.0%8.3%44.8%0.0%2.4%-0.5%-3.1M8.8M-16.6K0.00118.76005474,217
2023-10-09$48.59$49.009.5%2.8%8.9%32.6%0.0%1.5%-0.4%-3.7M5.9M-12.5K0.0074.083305474,217
2023-10-10$48.72$49.0010.7%2.9%9.0%40.0%9.4%2.4%-0.3%-3.0M5.3M-12.6K0.00120.952105774,217
2023-10-11$49.12$49.0010.0%2.9%9.5%35.5%8.7%2.9%-0.8%-1.8M3.1M-9.2K1.4593.3411165984,217
2023-10-12$48.88$49.0010.0%2.9%9.6%35.9%0.0%2.5%-0.5%-2.4M4.5M-10.5K0.0080.42005864,233
2023-10-13$49.05$49.0010.1%2.9%9.7%36.0%10.0%1.8%-0.2%-1.9M3.3M-8.9K0.1328.031525864,233
2023-10-16$48.69$49.0010.5%3.0%10.0%38.9%10.2%2.9%-0.5%-3.1M4.4M-8.4K0.0082.920216014,235
2023-10-17$47.99$49.0011.2%3.2%11.0%43.7%11.4%2.1%-0.7%-5.3M10.2M-9.0K2.5392.0315386014,256
2023-10-18$47.80$49.0011.1%3.2%10.9%42.9%11.4%2.4%-0.4%-5.9M13.0M-7.9K0.0493.538036144,292
2023-10-19$47.56$49.0011.6%3.3%10.8%46.6%12.4%2.4%-0.6%-4.1M17.4M-4.9K2.7394.1833906874,294
2023-10-20$47.78$49.0011.5%3.3%11.0%45.7%0.0%2.4%0.1%-8.9M15.6M-3.8K1790.0066.0911,7907204,239
2023-10-23$47.88$49.0011.1%3.2%10.9%43.2%13.5%2.0%0.1%-10.2K1.2M-3.8K0.0533.65211643554
2023-10-24$47.95$49.0010.6%3.0%10.9%39.9%10.7%1.5%-1.0%9.1K1.1M-3.3K0.2783.787520662554
2023-10-25$47.69$48.0011.3%3.2%10.9%44.6%11.7%1.3%0.2%-8.5K1.2M-3.3K1.7584.142442662574
2023-10-26$48.00$48.0010.7%3.1%11.2%40.6%11.2%0.9%0.1%-1.3K1.1M-3.8K0.0662.38342681616
2023-10-27$47.95$48.0011.0%3.2%10.6%42.4%0.0%1.2%-0.2%-5681.2M-2.7K0.0484.16241669616
2023-10-30$47.75$48.0010.9%3.1%10.3%41.7%0.0%2.6%-0.2%9.5K1.1M-3.9K0.0074.95110722616
2023-10-31$47.84$48.0010.0%2.9%9.2%35.9%10.3%2.5%-0.2%25.0K1.1M-3.6K0.0051.58400732616