HYD Options History — April 2024

In April 2024, HYD traded between $51.14 and $51.88. ATM implied volatility averaged 7.4%, placing in the 34.4% IV rank vs the trailing year. The 30-day expected move averaged 2.2%. IV traded above realized volatility by 2.4% (HV 20d: 5.1%). Max pain ranged from $52.00 to $52.00. Net GEX was positive for 16 of 22 trading days. Term structure was in contango for 13 of 22 days. Put/call ratio averaged 2.08.

Notable Days

2024-04-10: Highest Volume — 50 contracts
2024-04-10: Largest IV spike — 37.8% change
2024-04-16: Highest IV Rank — 47.3%
2024-04-16: Largest Expected Move — 2.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$51.42	$51.14	$51.88	$51.88	$51.20
Max Pain	$52.00	$52.00	$52.00	$52.00	$52.00
ATM IV	7.4%	5.4%	8.6%	6.1%	8.2%
Expected Move	2.2%	1.7%	2.5%	1.8%	2.3%
HV 20d	5.1%	4.2%	5.7%	4.3%	5.1%
HV 60d	5.7%	5.1%	6.0%	5.7%	5.1%
IV Rank	34.4%	13.0%	47.3%	20.6%	42.6%
IV Percentile	31.5%	2.4%	60.7%	6.7%	50.8%
Term Structure	0.1%	-1.4%	2.3%	0.7%	-0.8%
VWIV	7.6%	5.0%	9.4%	7.2%	9.4%
Skew 25d	1.0%	-0.5%	2.1%	2.1%	0.2%
Skew 10d	2.8%	-2.9%	6.5%	6.5%	2.3%
Call IV 25d	7.5%	5.6%	9.0%	5.6%	9.0%
Put IV 25d	8.5%	6.7%	9.8%	7.7%	9.2%
Bid-Ask Spread %	25.66	12.47	42.35	15.18	38.27
Gamma HHI	0.25	0.22	0.29	0.29	0.25
Net GEX	44.0K	-42.9K	137.7K	137.7K	10.8K
Net DEX	-219.1K	-547.5K	32.9K	-547.5K	32.9K
Net VEX	-3.4K	-4.1K	-2.8K	-3.5K	-2.8K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	2.08	0.00	23.00	0.00	0.00
Total Volume	15.5	0	50	15	1
Total OI	792.864	687	898	745	751

Daily Data (22 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
2024-04-01	$51.88	$52.00	6.1%	1.8%	4.3%	20.6%	0.0%	2.1%	0.7%	137.7K	-547.5K	-3.5K	0.00	15.18	15	0	476	269
2024-04-02	$51.70	$52.00	7.0%	2.0%	4.2%	29.5%	7.2%	1.7%	0.4%	122.9K	-403.9K	-4.1K	23.00	16.98	1	23	491	269
2024-04-03	$51.45	$52.00	6.0%	1.7%	4.2%	19.5%	5.0%	1.1%	2.3%	76.5K	-240.9K	-3.6K	0.09	12.47	11	1	492	280
2024-04-04	$51.55	$52.00	6.2%	2.1%	4.3%	21.6%	7.4%	0.5%	-0.1%	112.0K	-372.2K	-4.0K	3.00	27.62	2	6	503	281
2024-04-05	$51.39	$52.00	7.5%	2.0%	4.3%	35.5%	7.1%	0.9%	0.6%	81.3K	-299.8K	-3.5K	1.00	34.16	1	1	505	275
2024-04-08	$51.50	$52.00	6.3%	2.1%	4.4%	22.3%	0.0%	0.5%	0.0%	111.1K	-346.6K	-3.2K	0.00	29.68	0	2	506	276
2024-04-09	$51.64	$52.00	5.4%	1.9%	4.5%	13.0%	0.0%	-0.5%	0.4%	125.8K	-437.7K	-3.3K	0.00	25.83	0	11	506	278
2024-04-10	$51.33	$52.00	7.5%	2.1%	5.0%	34.9%	7.6%	0.9%	0.3%	51.8K	-239.4K	-3.3K	0.00	24.62	0	50	506	289
2024-04-11	$51.14	$52.00	6.9%	2.0%	5.0%	29.2%	6.9%	0.7%	0.6%	-42.9K	-624	-3.2K	0.00	42.35	2	0	506	339
2024-04-12	$51.47	$52.00	7.9%	2.3%	5.6%	39.2%	7.0%	1.8%	0.0%	32.5K	-254.2K	-3.6K	0.09	24.18	11	1	508	339
2024-04-15	$51.39	$52.00	8.2%	2.3%	5.5%	42.2%	0.0%	1.3%	-0.5%	15.9K	-210.8K	-3.3K	0.00	21.60	0	10	519	339
2024-04-16	$51.28	$52.00	8.6%	2.5%	5.5%	47.3%	9.4%	1.5%	-0.3%	-24.3K	-164.4K	-3.5K	1.50	27.76	10	15	519	349
2024-04-17	$51.47	$52.00	8.2%	2.4%	5.6%	43.1%	0.0%	1.2%	-1.4%	55.4K	-301.4K	-3.6K	0.20	21.89	25	5	529	364
2024-04-18	$51.41	$52.00	8.1%	2.3%	5.5%	41.2%	0.0%	1.3%	0.2%	-909	-204.6K	-3.3K	0.00	26.45	0	0	529	369
2024-04-19	$51.45	$52.00	8.6%	2.5%	5.5%	46.9%	8.0%	2.0%	-0.4%	22.3K	-199.1K	-3.3K	2.00	25.65	5	10	520	369
2024-04-22	$51.50	$52.00	8.2%	2.3%	5.5%	42.5%	8.0%	1.1%	-0.2%	41.0K	-168.8K	-3.1K	0.00	28.31	22	0	434	253
2024-04-23	$51.44	$52.00	7.8%	2.2%	5.4%	38.1%	7.8%	1.1%	0.1%	29.0K	-228.6K	-3.2K	0.06	21.70	34	2	453	253
2024-04-24	$51.41	$52.00	7.9%	2.3%	5.4%	39.9%	7.8%	0.8%	-0.2%	46.0K	-138.2K	-3.5K	0.33	32.58	3	1	487	255
2024-04-25	$51.14	$52.00	7.8%	2.2%	5.7%	37.9%	0.0%	0.6%	-0.1%	-4.2K	-50.9K	-3.3K	1.94	23.87	16	31	490	256
2024-04-26	$51.14	$52.00	7.4%	2.1%	5.6%	34.2%	7.4%	0.4%	0.3%	-20.1K	-24.4K	-2.9K	0.00	22.83	12	0	474	287
2024-04-29	$51.25	$52.00	7.5%	2.2%	5.2%	35.3%	0.0%	0.6%	0.1%	-11.3K	-19.7K	-2.8K	0.00	20.66	0	1	463	287
2024-04-30	$51.20	$52.00	8.2%	2.3%	5.1%	42.6%	9.4%	0.2%	-0.8%	10.8K	32.9K	-2.8K	0.00	38.27	1	0	463	288