HI Options History — October 2013

In October 2013, HI traded between $27.04 and $29.47. ATM implied volatility averaged 16.5%, placing in the 26.9% IV rank vs the trailing year. The 30-day expected move averaged 4.3%. IV traded below realized volatility by 2.5% (HV 20d: 19.0%). Max pain ranged from $25.00 to $30.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 21 of 23 days. Put/call ratio averaged 0.07.

Notable Days

  • 2013-10-21: Highest Volume — 103 contracts
  • 2013-10-08: Largest IV spike — 70.6% change
  • 2013-10-08: Highest IV Rank — 100.0%
  • 2013-10-03: Largest Expected Move — 5.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$28.52$27.04$29.47$27.85$28.22
Max Pain$29.32$25.00$30.00$25.00$30.00
ATM IV16.5%11.0%31.6%16.4%15.0%
Expected Move4.3%3.2%5.0%4.7%4.3%
HV 20d19.0%14.0%21.4%15.5%21.4%
HV 60d17.3%15.2%18.6%15.7%18.6%
IV Rank26.9%0.0%100.0%26.9%19.4%
IV Percentile27.1%0.0%100.0%23.0%19.4%
Term Structure3.5%-6.5%8.5%3.2%2.4%
VWIV14.8%10.6%17.3%10.6%11.5%
Skew 25d12.7%-0.2%33.4%3.2%6.4%
Skew 10d15.9%-1.4%41.9%4.3%11.4%
Call IV 25d16.0%12.0%21.1%15.6%18.4%
Put IV 25d28.7%13.0%50.7%18.8%24.8%
Bid-Ask Spread %29.666.46104.959.01100.84
Gamma HHI0.650.490.850.510.75
Net GEX13.9K4.9K24.0K5.9K21.0K
Net DEX-326.7K-422.3K-232.2K-260.4K-354.4K
Net VEX-921-1.6K-539-575-1.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.070.000.670.000.00
Total Volume9.739010300
Total OI355.522203422358344

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2013-10-01$27.85$25.0016.4%4.7%15.5%26.9%0.0%3.2%3.2%5.9K-260.4K-5750.009.01N/AN/A00136222
2013-10-02$27.92$25.0014.4%4.1%15.5%16.7%0.0%4.0%3.9%5.9K-265.4K-5810.007.41N/AN/A00136222
2013-10-03$27.90$25.0017.3%5.0%15.6%31.3%0.0%1.3%-6.5%5.6K-261.6K-5890.007.62N/AN/A00136222
2013-10-04$28.02$0.0016.6%3.2%15.6%27.8%10.6%2.2%5.7%5.9K-268.8K-5540.00104.95N/AN/A100136222
2013-10-07$27.73$30.0018.5%3.3%15.6%37.2%0.0%2.2%7.0%5.9K-260.6K-5590.0028.35N/AN/A02146222
2013-10-08$27.46$30.0031.6%4.9%14.0%100.0%0.0%-0.2%2.2%4.9K-245.0K-5980.0098.89N/AN/A00146220
2013-10-09$27.04$30.0022.8%3.9%14.4%57.0%0.0%0.2%7.3%4.9K-232.2K-5860.0029.53N/AN/A00146220
2013-10-10$27.85$30.0011.0%3.2%17.6%0.0%0.0%1.3%4.8%6.4K-261.9K-5630.006.46N/AN/A00146220
2013-10-11$28.72$30.0016.7%4.8%20.1%27.8%17.2%23.1%2.4%7.9K-298.3K-5390.0017.59N/AN/A290146220
2013-10-14$29.29$30.0017.0%4.9%20.8%29.3%0.0%27.2%0.4%12.7K-358.6K-5980.0015.66N/AN/A60175220
2013-10-15$29.11$30.0016.1%4.6%21.1%24.8%0.0%32.5%2.4%12.7K-356.9K-6360.6715.48N/AN/A32180220
2013-10-16$28.91$30.0016.9%4.8%21.1%28.5%17.3%27.9%1.4%12.4K-347.4K-6630.0019.42N/AN/A70183222
2013-10-17$29.06$30.0013.6%3.9%20.9%12.7%0.0%28.6%3.2%13.8K-353.4K-7050.0017.24N/AN/A010190222
2013-10-18$29.37$30.0016.2%4.6%20.2%25.0%0.0%33.4%2.4%14.9K-349.2K-6320.0018.16N/AN/A130190232
2013-10-21$29.47$30.0017.2%4.9%20.2%29.9%17.2%31.0%-0.0%14.7K-292.0K-6440.0016.40N/AN/A103016736
2013-10-22$29.40$30.0016.9%4.9%20.1%28.8%0.0%32.3%1.6%23.9K-422.3K-1.4K0.0014.78N/AN/A20026936
2013-10-23$28.94$30.0015.3%4.4%21.2%21.0%0.0%1.0%0.4%24.0K-408.4K-1.5K0.0019.46N/AN/A01028936
2013-10-24$28.71$30.0012.3%3.5%21.4%6.2%0.0%3.1%5.9%23.8K-358.2K-1.5K0.0031.97N/AN/A0028946
2013-10-25$28.88$30.0015.2%4.3%21.3%20.2%11.5%8.2%7.9%23.5K-385.9K-1.6K0.0029.41N/AN/A9028946
2013-10-28$28.85$30.0013.9%4.0%21.3%13.9%0.0%9.0%8.5%23.9K-402.5K-1.6K0.0030.02N/AN/A0029846
2013-10-29$28.80$30.0015.3%4.4%20.6%21.0%0.0%9.8%8.2%23.7K-395.6K-1.5K0.0030.89N/AN/A0029846
2013-10-30$28.47$30.0013.9%4.0%21.1%13.9%0.0%5.5%6.5%22.1K-374.4K-1.5K0.0012.55N/AN/A0029846
2013-10-31$28.22$30.0015.0%4.3%21.4%19.4%0.0%6.4%2.4%21.0K-354.4K-1.5K0.00100.84N/AN/A0029846