HYD Options History — June 2025

In June 2025, HYD traded between $49.39 and $50.22. ATM implied volatility averaged 7.5%, placing in the 11.6% IV rank vs the trailing year. The 30-day expected move averaged 2.2%. IV traded above realized volatility by 2.1% (HV 20d: 5.4%). Max pain ranged from $50.00 to $53.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 18 of 20 days. Put/call ratio averaged 5.02.

Notable Days

2025-06-02: Highest Volume — 1,277 contracts
2025-06-05: Largest IV drop — 20.2% change
2025-06-02: Highest IV Rank — 17.2%
2025-06-02: Largest Expected Move — 2.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$49.76	$49.39	$50.22	$49.50	$50.22
Max Pain	$50.30	$50.00	$53.00	$53.00	$50.00
ATM IV	7.5%	6.1%	9.2%	9.2%	6.7%
Expected Move	2.2%	1.8%	2.6%	2.6%	1.9%
HV 20d	5.4%	4.9%	5.7%	5.7%	5.1%
HV 60d	9.9%	9.8%	10.1%	10.0%	9.8%
IV Rank	11.6%	7.1%	17.2%	17.2%	9.1%
IV Percentile	44.1%	21.8%	66.3%	66.3%	31.0%
Term Structure	0.7%	-0.5%	1.3%	1.1%	0.6%
VWIV	7.6%	6.1%	9.5%	7.5%	6.7%
Skew 25d	1.2%	-1.3%	3.1%	0.8%	0.8%
Skew 10d	2.0%	-1.2%	5.7%	0.9%	0.6%
Call IV 25d	6.8%	5.2%	8.4%	8.0%	5.2%
Put IV 25d	8.1%	6.0%	9.1%	8.8%	6.0%
Bid-Ask Spread %	27.09	13.02	44.23	29.14	13.02
Gamma HHI	0.30	0.23	0.54	0.27	0.32
Net GEX	-407.9K	-678.4K	-101.5K	-556.1K	-114.3K
Net DEX	8.1M	7.0M	10.3M	10.3M	7.0M
Net VEX	-16.3K	-20.0K	-12.7K	-12.7K	-14.6K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	5.02	0.00	48.12	48.12	0.00
Total Volume	160.95	1	1,277	1,277	9
Total OI	4,024.85	3,343	4,487	3,558	3,718

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
2025-06-02	$49.50	$53.00	9.2%	2.6%	5.7%	17.2%	7.5%	0.8%	1.1%	-556.1K	10.3M	-12.7K	48.12	29.14	26	1,251	867	2,691
2025-06-03	$49.42	$52.00	8.8%	2.5%	5.6%	15.9%	7.3%	2.5%	1.3%	-652.2K	9.3M	-17.2K	11.75	24.33	4	47	883	2,611
2025-06-04	$49.61	$51.00	8.6%	2.5%	5.7%	15.2%	8.4%	1.0%	0.9%	-676.2K	8.2M	-18.2K	0.04	14.55	49	2	885	2,458
2025-06-05	$49.53	$50.00	6.8%	2.3%	5.5%	9.4%	0.0%	1.1%	1.1%	-638.7K	9.0M	-13.6K	0.01	22.42	1,148	10	933	2,460
2025-06-06	$49.39	$50.00	7.2%	2.4%	5.4%	10.8%	8.0%	0.9%	1.1%	-406.1K	8.7M	-18.3K	1.33	22.47	6	8	1,988	2,465
2025-06-09	$49.55	$50.00	7.6%	2.2%	5.6%	12.1%	7.9%	0.7%	1.1%	-421.9K	8.3M	-18.4K	0.18	30.54	11	2	1,994	2,452
2025-06-10	$49.52	$50.00	7.8%	1.9%	5.6%	12.8%	8.1%	2.2%	0.8%	-410.3K	8.5M	-18.0K	4.00	44.23	1	4	1,985	2,454
2025-06-11	$49.59	$50.00	7.4%	2.1%	5.5%	11.2%	0.0%	2.2%	1.0%	-464.6K	8.2M	-18.6K	0.00	21.53	1	0	1,986	2,458
2025-06-12	$49.84	$50.00	7.4%	2.1%	5.4%	11.3%	7.6%	0.2%	0.5%	-490.2K	7.7M	-20.0K	0.60	33.15	25	15	1,987	2,458
2025-06-13	$49.66	$50.00	7.7%	2.2%	5.5%	12.4%	8.2%	2.4%	0.5%	-469.3K	8.3M	-17.8K	2.90	36.32	10	29	1,998	2,459
2025-06-16	$49.78	$50.00	8.4%	2.4%	5.6%	14.5%	8.5%	0.6%	-0.4%	-453.4K	8.1M	-16.7K	0.59	24.52	27	16	1,997	2,461
2025-06-17	$49.88	$50.00	8.0%	2.3%	5.6%	13.4%	7.9%	-1.3%	-0.5%	-457.3K	8.0M	-16.6K	5.33	32.57	3	16	2,024	2,461
2025-06-18	$49.84	$50.00	7.3%	2.1%	5.5%	11.1%	7.3%	0.6%	0.5%	-678.4K	8.1M	-16.9K	9.40	16.17	20	188	2,022	2,465
2025-06-20	$49.95	$50.00	7.1%	2.0%	5.2%	10.3%	7.1%	0.1%	0.5%	-661.0K	8.1M	-14.5K	12.00	40.89	6	72	2,022	2,465
2025-06-23	$49.98	$50.00	7.5%	2.1%	5.2%	11.6%	7.9%	1.2%	0.2%	-150.8K	7.3M	-14.6K	0.16	41.43	79	13	1,573	2,022
2025-06-24	$50.00	$50.00	7.1%	2.0%	5.1%	10.5%	6.9%	1.6%	0.7%	-110.2K	7.3M	-14.3K	0.00	23.31	30	0	1,647	2,034
2025-06-25	$49.97	$50.00	6.8%	1.9%	4.9%	9.3%	9.5%	3.1%	0.5%	-108.4K	7.1M	-15.6K	0.73	33.55	11	8	1,668	2,034
2025-06-26	$50.02	$50.00	6.1%	1.8%	4.9%	7.1%	6.1%	2.0%	0.9%	-136.6K	7.3M	-14.2K	1.67	22.89	12	20	1,668	2,042
2025-06-27	$50.01	$50.00	6.3%	1.8%	4.9%	7.6%	6.3%	1.7%	0.8%	-101.5K	7.1M	-14.5K	1.67	14.81	15	25	1,680	2,022
2025-06-30	$50.22	$50.00	6.7%	1.9%	5.1%	9.1%	6.7%	0.8%	0.6%	-114.3K	7.0M	-14.6K	0.00	13.02	9	0	1,685	2,033