HYEM Options History — March 2025

In March 2025, HYEM traded between $19.59 and $19.78. ATM implied volatility averaged 49.9%, placing in the 20.1% IV rank vs the trailing year. The 30-day expected move averaged 14.5%. IV traded above realized volatility by 45.9% (HV 20d: 4.0%). Max pain ranged from $17.00 to $19.00. Net GEX was positive for 8 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 11.58.

Notable Days

  • 2025-03-25: Highest Volume — 850 contracts
  • 2025-03-25: Largest IV spike — 147.9% change
  • 2025-03-10: Highest IV Rank — 36.8%
  • 2025-03-14: Largest Expected Move — 25.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$19.70$19.59$19.78$19.75$19.66
Max Pain$17.67$17.00$19.00$17.00$17.00
ATM IV49.9%20.8%71.8%54.8%39.4%
Expected Move14.5%7.4%25.8%15.7%7.4%
HV 20d4.0%3.6%4.4%4.4%3.7%
HV 60d4.4%3.9%4.7%4.5%4.0%
IV Rank20.1%0.0%36.8%23.0%14.4%
IV Percentile45.7%0.0%84.1%61.9%9.5%
Term Structure-14.9%-20.9%17.5%-19.1%-13.0%
VWIV26.6%19.8%39.2%24.2%25.0%
Skew 25d-2.8%-42.9%18.0%2.1%18.0%
Skew 10d-5.5%-34.0%8.9%-34.0%-16.8%
Call IV 25d52.4%14.5%78.7%71.3%14.5%
Put IV 25d49.6%20.0%78.3%73.4%32.5%
Bid-Ask Spread %169.20153.44174.32168.55153.44
Gamma HHI0.400.290.500.420.41
Net GEX1.6K-8.2K23.5K2.4K23.5K
Net DEX-36.8K-231.3K64.8K-38.6K-186.1K
Net VEX-661-1.8K-36-352-1.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio11.580.00100.00100.000.01
Total Volume71.23808501010
Total OI552.0482251,3092331,309

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-03-03$19.75$17.0054.8%15.7%4.4%23.0%24.2%2.1%-19.1%2.4K-38.6K-352100.00168.55N/AN/A110014093
2025-03-04$19.73$17.0057.8%16.6%3.8%25.5%0.0%-0.4%-20.5%-515-6.5K-5130.00168.90N/AN/A00141193
2025-03-05$19.72$17.0060.4%17.3%3.8%27.5%0.0%-0.1%-14.2%-575-6.3K-5200.00169.58N/AN/A00141193
2025-03-06$19.78$17.0060.7%17.4%3.8%27.8%0.0%11.9%-14.3%-345-7.5K-4900.00168.89N/AN/A00141193
2025-03-07$19.77$17.0063.7%18.3%3.8%30.2%0.0%12.1%-14.3%-391-6.9K-4820.00169.30N/AN/A00141193
2025-03-10$19.73$17.0071.8%20.6%3.6%36.8%0.0%11.0%-15.2%-542-4.6K-4630.00169.07N/AN/A00141193
2025-03-11$19.59$17.0041.8%21.6%4.2%12.5%39.2%1.9%-16.3%-963-180-4380.00167.28N/AN/A10141193
2025-03-12$19.66$17.0042.8%22.8%4.3%13.3%0.0%8.3%-17.0%-722-2.5K-4390.00168.07N/AN/A00142193
2025-03-13$19.63$17.0043.5%24.2%4.3%13.8%19.8%4.8%-17.6%-719-4.6K-4010.00167.84N/AN/A0100142193
2025-03-14$19.68$19.0043.5%25.8%4.2%13.9%0.0%9.0%-17.9%-6.4K64.8K-5160.00168.07N/AN/A00142293
2025-03-17$19.70$0.0045.6%7.8%4.2%15.5%0.0%10.6%-19.5%-7.4K51.5K-4401.46174.06N/AN/A74108142293
2025-03-18$19.70$0.0046.3%7.7%4.2%16.1%0.0%11.0%-20.1%-8.2K42.0K-5320.00174.32N/AN/A190216382
2025-03-19$19.69$0.0047.1%7.7%4.2%16.8%0.0%10.6%-20.9%-6.7K26.8K-5000.00174.01N/AN/A10235382
2025-03-20$19.70$0.0046.8%10.1%4.2%16.5%0.0%10.2%-12.6%-6.5K28.4K-4452.00171.11N/AN/A1938236382
2025-03-21$19.68$0.0047.6%10.2%4.1%17.2%0.0%8.0%-12.1%1.3K-15.3K-2940.00171.46N/AN/A01255420
2025-03-24$19.70$0.0020.8%10.4%4.1%0.0%24.8%-25.7%17.5%396-4.6K-360.07166.63N/AN/A413124101
2025-03-25$19.73$19.0051.6%10.4%4.1%23.9%0.0%-38.4%-15.3%2.6K-32.1K-3150.67171.17N/AN/A509341163104
2025-03-26$19.73$19.0052.1%10.6%4.0%24.2%0.0%-39.6%-16.1%14.6K-231.3K-1.8K0.00170.86N/AN/A00687482
2025-03-27$19.73$19.0054.0%10.7%3.9%25.7%0.0%-41.3%-17.0%14.8K-227.9K-1.8K0.00170.87N/AN/A00687482
2025-03-28$19.67$19.0056.0%10.8%4.0%27.3%25.0%-42.9%-18.2%14.0K-210.6K-1.7K0.01169.80N/AN/A1391687482
2025-03-31$19.66$17.0039.4%7.4%3.7%14.4%0.0%18.0%-13.0%23.5K-186.1K-1.4K0.00153.44N/AN/A00826483