HYD Options History — October 2025

In October 2025, HYD traded between $50.63 and $51.24. ATM implied volatility averaged 5.1%, placing in the 5.4% IV rank vs the trailing year. The 30-day expected move averaged 1.6%. IV traded above realized volatility by 2.4% (HV 20d: 2.8%). Max pain ranged from $50.00 to $51.00. Net GEX was positive for 9 of 23 trading days. Term structure was in contango for 19 of 23 days. Put/call ratio averaged 3.34.

Notable Days

  • 2025-10-08: Highest Volume — 384 contracts
  • 2025-10-08: Largest IV spike — 64.7% change
  • 2025-10-23: Highest IV Rank — 9.5%
  • 2025-10-13: Largest Expected Move — 1.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$50.96$50.63$51.24$50.78$51.20
Max Pain$50.87$50.00$51.00$50.00$51.00
ATM IV5.1%3.3%6.2%5.2%6.2%
Expected Move1.6%1.0%1.9%1.5%1.8%
HV 20d2.8%2.0%4.8%4.8%2.0%
HV 60d3.9%3.5%4.5%4.5%3.5%
IV Rank5.4%0.0%9.5%3.0%9.5%
IV Percentile6.6%0.0%19.8%2.4%19.8%
Term Structure0.5%-0.4%3.3%0.9%-0.2%
VWIV6.1%4.7%7.8%5.9%6.2%
Skew 25d1.3%-0.9%3.1%-0.6%0.8%
Skew 10d1.5%-1.2%4.4%-0.9%0.8%
Call IV 25d4.9%3.5%6.6%5.3%4.7%
Put IV 25d6.3%3.6%8.1%4.7%5.5%
Bid-Ask Spread %26.2611.8067.3819.1212.95
Gamma HHI0.320.260.480.260.29
Net GEX27.8K-176.4K519.7K-72.3K-159.4K
Net DEX1.7M614.8K3.6M3.3M1.1M
Net VEX-17.6K-20.5K-14.9K-18.5K-15.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.340.0030.000.260.38
Total Volume40.08703842429
Total OI3,1772,8943,3252,8943,295

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-10-01$50.78$50.005.2%1.5%4.8%3.0%0.0%-0.6%0.9%-72.3K3.3M-18.5K0.2619.121951,1561,738
2025-10-02$50.75$50.004.8%1.4%4.7%1.7%0.0%-0.9%0.7%-65.2K3.4M-19.3K0.0024.46001,1721,743
2025-10-03$50.72$50.004.0%1.2%3.6%0.0%0.0%-0.7%1.0%-31.7K3.0M-20.5K0.0019.97011,1721,743
2025-10-06$50.70$51.004.0%1.7%3.1%0.0%5.9%2.6%0.1%60.3K3.6M-17.3K0.0024.04071,1721,744
2025-10-07$50.69$51.003.3%1.7%3.1%0.0%5.9%1.4%0.4%53.2K3.6M-17.3K0.1925.113261,1721,751
2025-10-08$50.64$51.005.5%1.8%2.8%7.0%5.4%3.0%0.5%-34.3K3.5M-17.7K0.0045.2638401,2001,757
2025-10-09$50.63$51.004.9%1.3%2.5%5.1%0.0%2.9%3.3%22.2K2.2M-17.4K0.0035.58041,5051,757
2025-10-10$50.80$51.004.3%1.9%2.7%3.1%6.6%1.4%0.7%87.7K1.5M-19.6K0.4018.891561,5051,757
2025-10-13$50.83$51.003.8%1.9%2.5%1.6%0.0%1.5%-0.1%190.4K1.4M-19.3K0.0018.27101,5161,751
2025-10-14$50.86$51.004.5%1.9%2.4%3.9%6.6%1.5%0.4%223.8K1.5M-18.3K0.3023.9054161,5191,751
2025-10-15$50.88$51.006.1%1.8%2.5%9.2%7.8%0.7%0.3%362.5K1.3M-18.4K6.0019.652121,5731,752
2025-10-16$51.02$51.006.1%1.7%2.6%9.0%6.4%0.0%0.3%503.4K955.6K-18.4K0.3844.922181,5731,742
2025-10-17$51.04$51.006.2%1.8%2.6%9.3%6.8%3.0%0.5%519.7K773.2K-18.5K0.6915.7739271,5761,742
2025-10-20$51.14$51.005.9%1.7%2.6%8.6%6.1%3.0%0.5%-59.8K994.3K-16.5K0.2231.853781,4881,623
2025-10-21$51.14$51.006.0%1.7%2.6%8.9%6.2%3.1%-0.4%-83.6K830.1K-17.9K7.5820.9712911,5151,631
2025-10-22$51.22$51.005.8%1.7%2.5%8.2%5.8%1.8%0.1%-128.3K614.8K-18.0K30.0067.382601,5271,704
2025-10-23$51.17$51.006.2%1.8%2.6%9.5%0.0%2.8%-0.2%-176.4K1.1M-17.7K0.0017.45001,5351,756
2025-10-24$51.20$51.005.6%1.6%2.6%7.5%5.6%1.3%0.1%-160.5K1.1M-17.2K0.0014.72021,5351,756
2025-10-27$51.20$51.005.1%1.5%2.2%5.8%4.7%1.2%0.7%-130.5K994.2K-15.8K6.0037.15161,5351,754
2025-10-28$51.24$51.003.6%1.0%2.2%0.8%0.0%-0.3%1.8%-42.1K700.9K-14.9K0.5030.55211,5341,758
2025-10-29$51.14$51.005.2%1.5%2.0%6.3%0.0%0.8%0.2%-84.0K1.3M-15.1K0.0024.33001,5341,759
2025-10-30$51.15$51.005.3%1.5%2.0%6.6%5.4%0.3%0.7%-154.8K1.2M-16.4K0.5011.80841,5341,759
2025-10-31$51.20$51.006.2%1.8%2.0%9.5%6.2%0.8%-0.2%-159.4K1.1M-15.9K0.3812.952181,5341,761