HI Options History — May 2014

In May 2014, HI traded between $29.15 and $30.91. ATM implied volatility averaged 20.5%, placing in the 43.4% IV rank vs the trailing year. The 30-day expected move averaged 5.9%. IV traded above realized volatility by 1.0% (HV 20d: 19.5%). Max pain ranged from $30.00 to $35.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 1.62.

Notable Days

  • 2014-05-05: Highest Volume — 113 contracts
  • 2014-05-05: Largest IV spike — 42.6% change
  • 2014-05-05: Highest IV Rank — 91.2%
  • 2014-05-01: Largest Expected Move — 6.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$29.91$29.15$30.91$30.19$30.29
Max Pain$30.56$30.00$35.00$35.00$30.00
ATM IV20.5%16.2%31.0%23.2%19.8%
Expected Move5.9%4.6%6.6%6.6%5.7%
HV 20d19.5%14.3%22.6%17.2%21.8%
HV 60d18.9%17.2%23.5%23.5%18.5%
IV Rank43.4%23.8%91.2%55.5%40.1%
IV Percentile65.1%26.6%99.2%86.5%63.1%
Term Structure-0.7%-2.6%0.9%-1.5%-0.6%
VWIV20.3%18.9%21.6%21.2%20.2%
Skew 25d12.6%0.1%26.2%26.2%22.4%
Skew 10d19.6%-1.4%47.1%47.1%37.4%
Call IV 25d21.5%18.7%25.0%25.0%23.3%
Put IV 25d34.1%20.5%51.1%51.1%45.7%
Bid-Ask Spread %99.5885.23108.8091.9998.67
Gamma HHI0.970.950.990.970.97
Net GEX-197.5K-417.1K-64.0K-205.0K-91.8K
Net DEX1.5M755.4K2.7M1.6M797.6K
Net VEX-4.4K-5.6K-3.6K-5.5K-3.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.620.005.003.910.00
Total Volume14.381011300
Total OI1,257.8579171,5701,407959

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-05-01$30.19$35.0023.2%6.6%17.2%55.5%0.0%26.2%-1.5%-205.0K1.6M-5.5K0.0091.99N/AN/A001351,272
2014-05-02$30.39$35.0021.7%6.2%17.5%49.0%0.0%3.2%0.8%-211.9K1.5M-5.6K0.0095.08N/AN/A001351,272
2014-05-05$30.08$0.0031.0%6.5%17.3%91.2%0.0%0.6%-2.6%-190.0K1.7M-5.3K3.91104.24N/AN/A23901351,272
2014-05-06$29.78$0.0021.3%6.0%15.8%47.2%0.0%1.3%-0.9%-272.2K1.9M-5.4K5.00108.15N/AN/A151531,352
2014-05-07$29.86$0.0022.3%6.1%15.9%51.4%21.2%16.9%-0.5%-275.3K2.1M-5.1K0.00103.96N/AN/A021541,347
2014-05-08$29.77$30.0020.7%5.9%15.8%44.3%0.0%0.8%0.1%-294.5K2.1M-5.2K0.0098.52N/AN/A001541,349
2014-05-09$30.03$30.0017.7%6.0%14.3%30.4%0.0%16.3%-0.6%-393.1K2.0M-4.9K0.00101.88N/AN/A001541,349
2014-05-12$30.91$30.0022.9%6.4%17.8%54.2%0.0%14.1%-1.9%-222.6K908.9K-4.3K0.00103.16N/AN/A401541,349
2014-05-13$30.38$30.0016.8%6.2%18.8%26.2%21.6%2.5%-1.5%-407.4K1.3M-4.6K1.25100.87N/AN/A16201541,349
2014-05-14$29.65$30.0018.5%5.7%20.6%34.4%19.8%0.5%-0.4%-417.1K2.4M-4.5K0.2085.23N/AN/A2041701,369
2014-05-15$29.24$30.0020.0%5.7%20.2%40.8%20.4%20.2%-0.5%-245.5K2.7M-4.0K0.7894.45N/AN/A40311891,351
2014-05-16$29.41$30.0016.2%4.6%19.6%23.8%0.0%22.1%0.1%-284.7K2.6M-4.0K0.00108.80N/AN/A002291,341
2014-05-19$29.92$30.0020.0%5.7%20.9%40.8%20.0%20.6%-2.2%-85.7K951.8K-3.7K0.0798.69N/AN/A151203714
2014-05-20$29.15$30.0021.1%6.0%22.4%45.8%0.0%0.1%0.1%-64.0K1.0M-3.8K0.00100.19N/AN/A00218714
2014-05-21$29.30$30.0018.9%5.4%22.4%36.1%18.9%2.0%0.9%-67.7K1.1M-3.7K5.0099.83N/AN/A420218714
2014-05-22$29.46$30.0019.1%5.5%22.6%37.0%0.0%24.5%0.6%-74.3K1.1M-3.6K0.00100.64N/AN/A20221734
2014-05-23$29.71$30.0019.1%5.5%22.0%36.7%0.0%24.1%0.0%-82.5K1.1M-3.8K0.00101.24N/AN/A00223734
2014-05-27$30.11$30.0020.5%5.9%22.2%43.5%0.0%22.8%-1.2%-86.4K873.9K-3.7K0.0098.70N/AN/A02223734
2014-05-28$30.21$30.0020.2%5.8%22.2%42.1%20.2%2.1%-1.2%-89.7K829.7K-3.7K0.0097.69N/AN/A20223736
2014-05-29$30.31$30.0019.8%5.7%22.0%40.0%0.0%21.6%-1.7%-86.2K755.4K-3.7K0.0099.15N/AN/A00223736
2014-05-30$30.29$30.0019.8%5.7%21.8%40.1%0.0%22.4%-0.6%-91.8K797.6K-3.6K0.0098.67N/AN/A00223736