HYD Options History — September 2024

In September 2024, HYD traded between $52.36 and $53.06. ATM implied volatility averaged 5.3%, placing in the 16.2% IV rank vs the trailing year. The 30-day expected move averaged 1.6%. IV traded above realized volatility by 2.1% (HV 20d: 3.2%). Max pain ranged from $52.00 to $55.00. Net GEX was positive for 12 of 20 trading days. Term structure was in contango for 20 of 20 days. Put/call ratio averaged 10.31.

Notable Days

2024-09-09: Highest Volume — 198 contracts
2024-09-11: Largest IV spike — 33.8% change
2024-09-11: Highest IV Rank — 24.9%
2024-09-11: Largest Expected Move — 1.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$52.74	$52.36	$53.06	$52.36	$53.03
Max Pain	$53.95	$52.00	$55.00	$52.00	$53.00
ATM IV	5.3%	4.0%	6.2%	5.4%	5.6%
Expected Move	1.6%	1.4%	1.8%	1.5%	1.6%
HV 20d	3.2%	2.0%	4.6%	4.6%	2.4%
HV 60d	4.2%	3.7%	4.6%	4.6%	3.7%
IV Rank	16.2%	2.4%	24.9%	16.6%	19.0%
IV Percentile	14.5%	0.8%	30.2%	10.7%	18.7%
Term Structure	1.2%	0.6%	1.9%	1.8%	0.6%
VWIV	5.7%	5.1%	6.4%	6.4%	5.6%
Skew 25d	1.3%	-0.3%	6.4%	1.9%	-0.3%
Skew 10d	2.3%	-0.4%	8.7%	0.8%	-0.4%
Call IV 25d	5.0%	3.9%	5.4%	4.2%	5.2%
Put IV 25d	6.3%	4.7%	11.3%	6.1%	4.9%
Bid-Ask Spread %	24.53	12.39	33.29	13.31	22.54
Gamma HHI	0.46	0.37	0.57	0.39	0.42
Net GEX	30.1K	-479.7K	371.5K	-92.1K	-479.7K
Net DEX	332.6K	-195.1K	1.1M	105.8K	1.1M
Net VEX	-5.7K	-8.0K	-3.9K	-3.9K	-8.0K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	10.31	0.00	98.00	0.82	0.19
Total Volume	45.95	0	198	40	38
Total OI	1,065.45	833	1,315	893	1,133

Daily Data (20 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
2024-09-03	$52.36	$52.00	5.4%	1.5%	4.6%	16.6%	0.0%	1.9%	1.8%	-92.1K	105.8K	-3.9K	0.00	13.31	0	40	404	489
2024-09-04	$52.45	$52.00	5.5%	1.6%	4.4%	17.5%	6.4%	2.4%	1.9%	-63.6K	45.4K	-4.2K	0.82	12.39	40	33	404	519
2024-09-05	$52.50	$52.00	4.0%	1.7%	3.8%	2.4%	6.0%	0.3%	0.6%	89.9K	-195.1K	-4.1K	0.00	25.63	0	20	444	515
2024-09-06	$52.55	$55.00	4.1%	1.6%	3.7%	3.5%	0.0%	0.8%	1.5%	116.0K	-154.4K	-4.1K	0.00	23.05	0	0	444	535
2024-09-09	$52.58	$55.00	4.3%	1.6%	3.6%	5.4%	0.0%	0.8%	1.4%	141.4K	-192.3K	-3.9K	98.00	23.26	2	196	444	535
2024-09-10	$52.78	$55.00	4.6%	1.5%	3.8%	9.0%	0.0%	1.6%	1.8%	126.8K	110.6K	-5.9K	0.00	23.85	1	0	446	723
2024-09-11	$52.75	$55.00	6.2%	1.8%	3.7%	24.9%	0.0%	1.1%	0.9%	144.6K	107.1K	-5.9K	0.00	22.59	0	0	446	723
2024-09-12	$52.70	$55.00	5.9%	1.7%	3.7%	22.3%	0.0%	0.9%	1.1%	212.1K	173.6K	-5.6K	0.00	24.22	0	0	451	723
2024-09-13	$52.80	$55.00	6.1%	1.7%	3.3%	23.5%	0.0%	1.6%	0.8%	348.0K	48.0K	-5.7K	0.00	22.79	10	0	451	723
2024-09-16	$52.84	$55.00	6.2%	1.8%	3.2%	24.7%	6.2%	1.6%	1.0%	371.5K	15.6K	-5.3K	0.00	23.63	0	11	451	723
2024-09-17	$52.80	$55.00	5.9%	1.7%	3.3%	21.5%	0.0%	1.1%	1.2%	283.8K	124.0K	-5.3K	0.00	22.44	0	85	451	734
2024-09-18	$52.72	$55.00	5.5%	1.6%	3.3%	18.3%	0.0%	0.7%	1.5%	125.5K	406.8K	-5.8K	0.00	30.02	1	0	451	795
2024-09-19	$52.72	$55.00	5.4%	1.6%	3.3%	17.2%	0.0%	0.7%	1.0%	177.4K	488.7K	-5.8K	8.86	28.48	7	62	451	795
2024-09-20	$52.81	$55.00	5.3%	1.5%	3.1%	15.2%	5.1%	1.3%	1.3%	314.0K	584.0K	-6.4K	0.24	28.03	63	15	458	857
2024-09-23	$52.80	$53.00	5.7%	1.6%	2.4%	19.3%	0.0%	1.2%	1.1%	-189.0K	735.8K	-6.3K	0.67	33.03	15	10	297	536
2024-09-24	$52.86	$53.00	5.2%	1.5%	2.2%	15.1%	5.2%	1.1%	1.1%	-181.9K	674.4K	-6.5K	6.40	33.29	10	64	312	546
2024-09-25	$52.80	$53.00	5.5%	1.6%	2.2%	17.6%	5.4%	0.9%	0.7%	-243.8K	923.8K	-6.8K	3.50	29.26	8	28	322	616
2024-09-26	$52.84	$53.00	4.8%	1.4%	2.0%	10.8%	0.0%	6.4%	1.2%	-284.3K	957.1K	-6.9K	0.08	28.11	13	1	330	644
2024-09-27	$53.06	$53.00	5.7%	1.6%	2.4%	19.3%	5.6%	-0.3%	0.9%	-314.4K	633.8K	-6.8K	15.22	20.65	9	137	343	645
2024-09-30	$53.03	$53.00	5.6%	1.6%	2.4%	19.0%	5.6%	-0.3%	0.6%	-479.7K	1.1M	-8.0K	0.19	22.54	32	6	351	782