HI Options History — June 2013

In June 2013, HI traded between $22.88 and $24.12. ATM implied volatility averaged 21.7%, placing in the 37.2% IV rank vs the trailing year. The 30-day expected move averaged 6.5%. IV traded above realized volatility by 4.8% (HV 20d: 17.0%). Max pain ranged from $22.50 to $22.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 8 of 20 days. Put/call ratio averaged 1.09.

Notable Days

2013-06-21: Highest Volume — 42 contracts
2013-06-05: Largest IV spike — 83.6% change
2013-06-25: Highest IV Rank — 58.4%
2013-06-25: Largest Expected Move — 7.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$23.60	$22.88	$24.12	$24.12	$23.71
Max Pain	$22.50	$22.50	$22.50	$22.50	$22.50
ATM IV	21.7%	12.7%	27.1%	12.8%	21.0%
Expected Move	6.5%	3.6%	7.8%	3.7%	6.0%
HV 20d	17.0%	14.9%	20.2%	16.1%	19.7%
HV 60d	22.2%	21.3%	23.3%	21.3%	23.3%
IV Rank	37.2%	4.9%	58.4%	5.1%	36.2%
IV Percentile	51.1%	2.0%	81.0%	2.0%	46.0%
Term Structure	0.1%	-7.6%	8.7%	7.7%	8.7%
VWIV	24.9%	19.3%	27.1%	25.4%	27.1%
Skew 25d	7.0%	-1.9%	13.8%	2.1%	11.7%
Skew 10d	6.1%	-1.7%	19.9%	-1.7%	-1.7%
Call IV 25d	16.3%	11.7%	20.4%	12.4%	12.6%
Put IV 25d	23.3%	14.2%	27.8%	14.5%	24.2%
Bid-Ask Spread %	17.45	7.15	28.83	8.09	13.85
Gamma HHI	0.77	0.51	0.93	0.87	0.70
Net GEX	17.1K	5.4K	27.1K	25.0K	16.2K
Net DEX	-32.4K	-124.9K	103.9K	-120.3K	-81.9K
Net VEX	-2.1K	-2.3K	-1.9K	-2.3K	-2.2K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.09	0.00	5.33	1.00	0.13
Total Volume	9.6	0	42	0	2
Total OI	762.5	746	784	750	763

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 Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2013-06-03	$24.12	$22.50	12.8%	3.7%	16.1%	5.1%	0.0%	2.1%	7.7%	25.0K	-120.3K	-2.3K	0.00	8.09	N/A	N/A	0	0	427	323
2013-06-04	$23.99	$22.50	12.7%	3.6%	16.1%	4.9%	0.0%	2.1%	8.3%	24.5K	-103.7K	-2.3K	0.00	7.15	N/A	N/A	0	0	427	323
2013-06-05	$23.63	$22.50	23.3%	6.7%	15.8%	36.5%	0.0%	-1.9%	-7.6%	20.9K	-13.8K	-2.2K	1.00	28.28	N/A	N/A	4	4	427	323
2013-06-06	$23.70	$22.50	23.2%	6.6%	15.2%	36.2%	0.0%	-0.2%	-5.0%	21.2K	-21.0K	-2.2K	0.00	28.83	N/A	N/A	0	0	429	325
2013-06-07	$23.99	$22.50	13.9%	5.5%	15.6%	9.5%	25.4%	6.0%	0.5%	25.0K	-71.3K	-2.2K	0.00	13.92	N/A	N/A	2	0	429	325
2013-06-10	$24.08	$22.50	13.6%	5.6%	15.4%	8.6%	25.8%	5.9%	0.5%	27.1K	-82.6K	-2.1K	5.33	22.37	N/A	N/A	6	32	431	325
2013-06-11	$23.87	$22.50	15.8%	5.6%	15.6%	15.6%	0.0%	6.9%	-0.1%	23.0K	-24.6K	-2.2K	0.00	22.62	N/A	N/A	5	0	433	343
2013-06-12	$23.63	$22.50	19.1%	7.4%	14.9%	26.8%	0.0%	13.8%	-1.5%	18.1K	-2.0K	-2.2K	0.00	26.26	N/A	N/A	0	6	430	343
2013-06-13	$23.87	$22.50	19.2%	5.5%	15.2%	27.0%	19.3%	4.3%	0.3%	22.3K	-124.9K	-2.2K	0.63	23.23	N/A	N/A	8	5	430	316
2013-06-14	$23.63	$22.50	26.2%	7.5%	15.1%	50.0%	0.0%	5.6%	-2.6%	17.1K	-77.7K	-2.2K	0.00	15.81	N/A	N/A	0	15	435	321
2013-06-17	$23.17	$22.50	26.6%	7.6%	16.2%	53.2%	24.5%	8.6%	-2.4%	11.2K	28.6K	-2.0K	0.63	12.63	N/A	N/A	19	12	435	336
2013-06-18	$23.64	$22.50	25.7%	7.4%	18.3%	53.3%	0.0%	12.5%	-1.0%	15.9K	-54.8K	-2.2K	0.00	27.60	N/A	N/A	3	0	433	348
2013-06-19	$23.63	$22.50	25.3%	7.2%	18.3%	51.8%	0.0%	5.0%	-1.2%	16.4K	-74.6K	-2.2K	0.00	24.80	N/A	N/A	0	0	436	348
2013-06-20	$23.35	$22.50	25.8%	7.4%	17.9%	53.8%	25.8%	13.1%	-1.2%	13.2K	-4.8K	-2.1K	0.00	20.90	N/A	N/A	8	0	436	348
2013-06-21	$23.40	$22.50	26.3%	7.5%	17.5%	55.6%	26.4%	10.9%	-1.9%	12.3K	-6.1K	-2.0K	3.20	11.93	N/A	N/A	10	32	430	348
2013-06-24	$22.88	$22.50	25.8%	7.4%	18.5%	53.8%	0.0%	6.6%	1.2%	5.4K	103.9K	-1.9K	0.00	11.13	N/A	N/A	0	1	390	363
2013-06-25	$23.19	$22.50	27.1%	7.8%	19.1%	58.4%	27.1%	9.5%	-0.1%	7.9K	51.8K	-2.0K	0.00	9.99	N/A	N/A	0	9	390	364
2013-06-26	$23.10	$22.50	27.0%	7.7%	18.9%	57.9%	0.0%	8.8%	-1.3%	7.2K	59.9K	-2.0K	0.13	10.08	N/A	N/A	8	1	390	364
2013-06-27	$23.50	$22.50	24.7%	7.1%	20.2%	49.7%	0.0%	9.2%	1.3%	12.5K	-29.0K	-2.1K	0.00	9.48	N/A	N/A	0	0	398	365
2013-06-28	$23.71	$22.50	21.0%	6.0%	19.7%	36.2%	0.0%	11.7%	8.7%	16.2K	-81.9K	-2.2K	0.00	13.85	N/A	N/A	0	2	398	365