HYD Options History — December 2024

In December 2024, HYD traded between $51.11 and $52.77. ATM implied volatility averaged 7.9%, placing in the 31.6% IV rank vs the trailing year. The 30-day expected move averaged 2.3%. IV traded above realized volatility by 2.6% (HV 20d: 5.3%). Max pain ranged from $52.00 to $53.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 26.51.

Notable Days

2024-12-19: Highest Volume — 4,540 contracts
2024-12-11: Largest IV spike — 62.2% change
2024-12-31: Highest IV Rank — 51.7%
2024-12-31: Largest Expected Move — 3.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$52.11	$51.11	$52.77	$52.70	$51.78
Max Pain	$52.81	$52.00	$53.00	$53.00	$53.00
ATM IV	7.9%	4.3%	10.5%	7.9%	10.5%
Expected Move	2.3%	1.7%	3.0%	2.3%	3.0%
HV 20d	5.3%	3.0%	7.3%	7.3%	6.9%
HV 60d	5.7%	5.3%	6.4%	5.3%	6.4%
IV Rank	31.6%	4.5%	51.7%	32.2%	51.7%
IV Percentile	65.0%	2.4%	96.8%	78.6%	96.8%
Term Structure	0.1%	-0.9%	1.0%	-0.3%	-0.6%
VWIV	8.7%	5.5%	11.7%	5.5%	8.2%
Skew 25d	1.0%	-0.3%	7.5%	0.9%	0.9%
Skew 10d	1.1%	-1.8%	13.6%	1.3%	-1.8%
Call IV 25d	8.2%	5.6%	10.9%	6.9%	10.9%
Put IV 25d	9.1%	6.2%	14.1%	7.8%	11.7%
Bid-Ask Spread %	33.65	19.42	97.10	26.70	28.47
Gamma HHI	0.47	0.26	0.74	0.32	0.57
Net GEX	-1.1M	-2.6M	-370.3K	-370.3K	-1.7M
Net DEX	4.5M	1.6M	9.6M	1.6M	6.0M
Net VEX	-12.7K	-22.6K	-7.4K	-10.0K	-20.0K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	26.51	0.00	348.23	1.40	1.10
Total Volume	314	0	4,540	144	21
Total OI	3,279.571	1,747	6,375	1,747	5,882

Daily Data (21 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
2024-12-02	$52.70	$53.00	7.9%	2.3%	7.3%	32.2%	0.0%	0.9%	-0.3%	-370.3K	1.6M	-10.0K	1.40	26.70	60	84	658	1,089
2024-12-03	$52.64	$53.00	6.5%	1.9%	7.2%	20.8%	5.5%	1.1%	0.7%	-430.1K	2.1M	-10.3K	0.00	27.78	2	0	718	1,173
2024-12-04	$52.77	$53.00	5.8%	1.7%	7.3%	15.8%	5.6%	2.1%	1.0%	-405.7K	1.9M	-10.2K	0.00	27.80	7	0	720	1,173
2024-12-05	$52.66	$52.00	5.8%	1.9%	4.5%	15.7%	0.0%	-0.3%	0.7%	-464.6K	2.2M	-9.6K	0.00	27.30	0	0	727	1,173
2024-12-06	$52.75	$52.00	5.4%	2.0%	4.4%	12.9%	0.0%	-0.3%	0.3%	-461.4K	1.9M	-9.5K	0.00	30.19	0	0	727	1,173
2024-12-09	$52.66	$52.00	5.5%	2.0%	3.1%	13.3%	0.0%	-0.3%	0.4%	-456.2K	2.1M	-9.2K	0.00	26.93	2	0	727	1,173
2024-12-10	$52.56	$52.00	4.3%	1.9%	3.2%	4.5%	7.0%	0.4%	0.7%	-478.4K	2.5M	-8.8K	0.00	19.42	0	788	729	1,173
2024-12-11	$52.45	$53.00	7.0%	2.0%	3.0%	25.3%	0.0%	1.3%	0.4%	-599.9K	3.5M	-9.7K	0.00	29.51	0	12	729	1,388
2024-12-12	$52.25	$53.00	7.1%	2.0%	3.4%	25.9%	0.0%	7.5%	0.4%	-711.9K	4.0M	-9.2K	1.00	97.10	1	1	729	1,380
2024-12-13	$52.13	$53.00	7.2%	2.1%	3.4%	26.2%	7.2%	0.6%	0.4%	-748.2K	4.3M	-8.6K	0.00	24.74	0	7	730	1,380
2024-12-16	$52.27	$53.00	7.1%	2.0%	3.4%	26.0%	0.0%	0.6%	0.3%	-781.8K	4.0M	-8.4K	0.00	30.80	2	0	730	1,378
2024-12-17	$52.14	$53.00	7.6%	2.2%	3.5%	29.6%	0.0%	0.5%	0.0%	-829.7K	4.4M	-7.9K	0.00	31.87	0	130	732	1,378
2024-12-18	$51.77	$53.00	7.7%	2.2%	4.3%	30.5%	0.0%	0.1%	0.2%	-882.2K	5.4M	-7.9K	0.00	27.98	0	0	732	1,508
2024-12-19	$51.11	$53.00	10.0%	2.9%	6.1%	47.8%	10.9%	0.3%	-0.1%	-382.3K	6.1M	-7.4K	348.23	73.53	13	4,527	732	1,508
2024-12-20	$51.41	$53.00	10.1%	2.9%	6.6%	48.6%	11.7%	1.2%	-0.4%	-2.5M	9.6M	-22.6K	0.13	42.53	15	2	729	5,646
2024-12-23	$51.45	$53.00	9.8%	2.8%	6.6%	46.8%	9.9%	0.9%	-0.6%	-2.5M	7.3M	-20.5K	0.05	28.76	20	1	367	5,206
2024-12-24	$51.50	$53.00	9.7%	2.8%	6.4%	45.4%	10.2%	0.7%	-0.2%	-2.6M	6.8M	-18.9K	0.00	28.11	7	0	388	5,207
2024-12-26	$51.81	$53.00	10.0%	2.9%	6.8%	47.9%	10.1%	0.8%	-0.4%	-2.2M	5.6M	-16.7K	17.38	30.07	42	730	395	5,207
2024-12-27	$51.63	$53.00	10.0%	2.9%	6.8%	47.8%	10.5%	0.5%	-0.9%	-1.9M	6.7M	-21.5K	0.07	21.80	67	5	437	5,368
2024-12-30	$51.82	$53.00	10.2%	2.9%	6.9%	49.8%	7.4%	0.9%	-0.7%	-1.6M	5.8M	-19.5K	1.82	25.30	17	31	504	5,368
2024-12-31	$51.78	$53.00	10.5%	3.0%	6.9%	51.7%	8.2%	0.9%	-0.6%	-1.7M	6.0M	-20.0K	1.10	28.47	10	11	521	5,361