HYD Options History — July 2024

In July 2024, HYD traded between $51.42 and $52.55. ATM implied volatility averaged 6.0%, placing in the 23.2% IV rank vs the trailing year. The 30-day expected move averaged 1.7%. IV traded above realized volatility by 1.3% (HV 20d: 4.7%). Max pain ranged from $52.00 to $52.00. Net GEX was positive for 5 of 22 trading days. Term structure was in contango for 14 of 22 days. Put/call ratio averaged 3.91.

Notable Days

2024-07-19: Highest Volume — 70 contracts
2024-07-15: Largest IV spike — 25.6% change
2024-07-24: Highest IV Rank — 30.9%
2024-07-24: Largest Expected Move — 1.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$52.13	$51.42	$52.55	$51.42	$52.55
Max Pain	$52.00	$52.00	$52.00	$52.00	$52.00
ATM IV	6.0%	4.6%	6.8%	6.6%	5.1%
Expected Move	1.7%	1.3%	1.9%	1.9%	1.5%
HV 20d	4.7%	3.9%	5.4%	5.3%	3.9%
HV 60d	4.5%	4.2%	4.8%	4.7%	4.2%
IV Rank	23.2%	8.3%	30.9%	28.5%	13.6%
IV Percentile	17.7%	1.6%	32.1%	24.2%	5.2%
Term Structure	0.5%	-0.8%	2.5%	2.5%	2.2%
VWIV	6.3%	5.7%	6.8%	5.7%	6.8%
Skew 25d	1.4%	-0.9%	4.2%	1.3%	4.0%
Skew 10d	1.9%	-1.2%	8.1%	0.4%	1.4%
Call IV 25d	5.3%	3.3%	6.7%	6.6%	3.6%
Put IV 25d	6.7%	4.7%	8.6%	7.9%	7.6%
Bid-Ask Spread %	23.93	15.25	34.93	29.34	34.93
Gamma HHI	0.28	0.25	0.31	0.26	0.30
Net GEX	-17.6K	-70.0K	36.7K	-25.3K	36.7K
Net DEX	-141.3K	-343.4K	205.7K	205.7K	-231.9K
Net VEX	-3.2K	-3.8K	-2.8K	-3.4K	-3.5K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	3.91	0.00	37.00	0.00	0.00
Total Volume	12.5	0	70	0	6
Total OI	616.727	558	657	597	657

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
2024-07-01	$51.42	$52.00	6.6%	1.9%	5.3%	28.5%	0.0%	1.3%	2.5%	-25.3K	205.7K	-3.4K	0.00	29.34	0	0	350	247
2024-07-02	$51.59	$52.00	5.5%	1.6%	5.4%	17.2%	0.0%	1.4%	0.5%	-22.4K	127.4K	-3.6K	0.00	33.07	0	10	350	247
2024-07-03	$51.81	$52.00	6.7%	1.9%	5.4%	29.8%	0.0%	-0.4%	-0.1%	-18.8K	14.7K	-3.8K	0.00	23.68	0	1	350	256
2024-07-05	$52.02	$52.00	6.1%	1.8%	5.4%	24.3%	0.0%	1.1%	0.5%	-10.2K	-105.1K	-3.5K	0.00	24.18	1	0	350	257
2024-07-08	$52.03	$52.00	6.6%	1.8%	5.3%	28.7%	0.0%	0.8%	0.5%	-6.0K	-98.9K	-3.5K	1.19	30.05	16	19	351	257
2024-07-09	$52.02	$52.00	6.5%	1.8%	5.0%	28.2%	0.0%	2.9%	0.6%	-48.0K	2.8K	-3.4K	0.00	23.56	1	0	336	276
2024-07-10	$52.03	$52.00	5.8%	1.7%	5.0%	20.8%	0.0%	2.3%	1.2%	-54.0K	-16.3K	-3.3K	0.00	28.41	0	0	336	276
2024-07-11	$52.20	$52.00	5.5%	1.6%	5.0%	17.3%	5.7%	-0.9%	0.3%	-55.9K	-191.3K	-3.1K	0.25	24.13	24	6	336	276
2024-07-12	$52.36	$52.00	4.6%	1.3%	5.1%	8.3%	0.0%	1.5%	2.1%	-3.8K	-291.0K	-3.2K	0.00	23.07	0	0	353	276
2024-07-15	$52.22	$52.00	5.7%	1.6%	4.6%	20.2%	0.0%	1.5%	0.4%	-59.5K	-266.1K	-2.9K	0.00	18.52	0	6	353	276
2024-07-16	$52.39	$52.00	5.9%	1.7%	4.7%	22.0%	0.0%	-0.1%	0.5%	-1.4K	-343.4K	-3.2K	0.00	24.30	0	0	353	282
2024-07-17	$52.38	$52.00	5.8%	1.7%	4.4%	21.0%	6.1%	-0.4%	0.3%	549	-332.1K	-3.2K	0.05	22.78	22	1	353	282
2024-07-18	$52.33	$52.00	6.3%	1.8%	4.3%	25.7%	0.0%	-0.7%	0.2%	-14.3K	-333.9K	-3.3K	0.00	23.34	0	0	370	282
2024-07-19	$52.19	$52.00	6.4%	1.8%	4.3%	26.9%	6.4%	0.9%	-0.8%	-70.0K	-235.2K	-3.0K	1.50	22.29	28	42	370	282
2024-07-22	$52.11	$52.00	5.9%	1.7%	4.4%	21.7%	0.0%	2.5%	-0.0%	9.8K	-139.1K	-2.9K	0.00	22.87	1	0	342	216
2024-07-23	$52.09	$52.00	6.0%	1.7%	4.4%	23.1%	0.0%	2.5%	-0.1%	5.3K	-131.7K	-2.8K	0.00	22.70	11	0	343	216
2024-07-24	$52.00	$52.00	6.8%	1.9%	4.4%	30.9%	6.8%	2.7%	-0.5%	6.9K	-92.3K	-3.0K	37.00	18.51	1	37	354	216
2024-07-25	$52.03	$52.00	6.2%	1.8%	4.2%	24.6%	6.1%	1.9%	-0.4%	-21.8K	-81.6K	-3.0K	0.00	23.43	0	30	365	247
2024-07-26	$52.27	$52.00	6.5%	1.9%	4.5%	27.7%	0.0%	0.9%	-0.6%	-21.4K	-124.7K	-3.3K	0.00	21.98	0	0	365	277
2024-07-29	$52.45	$52.00	5.7%	1.6%	4.4%	19.6%	0.0%	1.0%	1.4%	-8.9K	-249.3K	-3.1K	3.00	16.07	1	3	365	277
2024-07-30	$52.39	$52.00	6.7%	1.9%	3.9%	30.3%	6.8%	4.2%	-0.6%	-5.1K	-195.7K	-3.1K	0.00	15.25	0	8	365	280
2024-07-31	$52.55	$52.00	5.1%	1.5%	3.9%	13.6%	0.0%	4.0%	2.2%	36.7K	-231.9K	-3.5K	0.00	34.93	6	0	365	292