HI Options History — July 2014

In July 2014, HI traded between $30.05 and $33.02. ATM implied volatility averaged 20.0%, placing in the 40.9% IV rank vs the trailing year. The 30-day expected move averaged 5.6%. IV traded above realized volatility by 4.6% (HV 20d: 15.4%). Max pain ranged from $30.00 to $30.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 14 of 22 days. Put/call ratio averaged 0.09.

Notable Days

  • 2014-07-01: Highest Volume — 50 contracts
  • 2014-07-16: Largest IV spike — 42.9% change
  • 2014-07-07: Highest IV Rank — 58.0%
  • 2014-07-31: Largest Expected Move — 6.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$31.56$30.05$33.02$33.02$30.05
Max Pain$30.00$30.00$30.00$30.00$30.00
ATM IV20.0%14.3%23.7%14.3%22.9%
Expected Move5.6%4.1%6.6%4.1%6.6%
HV 20d15.4%12.1%17.9%12.6%17.9%
HV 60d18.0%17.5%18.6%18.3%18.6%
IV Rank40.9%15.0%58.0%15.0%54.3%
IV Percentile63.1%10.3%93.3%10.3%88.5%
Term Structure1.3%-5.0%6.9%3.2%-1.6%
VWIV22.5%20.5%25.1%25.1%20.5%
Skew 25d2.3%-9.9%16.4%2.1%2.6%
Skew 10d11.9%-1.8%39.4%4.8%4.7%
Call IV 25d19.8%13.8%27.2%16.6%27.2%
Put IV 25d22.1%12.7%40.2%18.8%29.7%
Bid-Ask Spread %95.0045.64111.5598.3497.64
Gamma HHI0.690.500.930.680.53
Net GEX-26.1K-98.6K-5.4K-22.2K-6.3K
Net DEX-125.8K-293.3K75.8K-293.3K75.7K
Net VEX-1.2K-1.6K-971-1.3K-1.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.090.000.250.250.00
Total Volume6.091050501
Total OI684.818235987945270

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-07-01$33.02$30.0014.3%4.1%12.6%15.0%25.1%2.1%3.2%-22.2K-293.3K-1.3K0.2598.34N/AN/A4010214731
2014-07-02$32.65$30.0018.2%5.2%13.8%32.9%0.0%-2.3%-0.9%-32.7K-233.1K-1.6K0.1093.39N/AN/A101231741
2014-07-03$32.96$30.0017.3%5.0%12.1%28.6%0.0%2.5%-4.3%-24.9K-272.4K-1.4K0.00105.79N/AN/A00231742
2014-07-07$32.46$0.0023.7%5.9%13.5%58.0%0.0%-9.9%-5.0%-34.3K-254.7K-1.4K0.0845.64N/AN/A121231742
2014-07-08$32.26$0.0022.1%5.3%13.4%50.6%0.0%7.4%2.8%-30.9K-269.8K-1.3K0.0085.38N/AN/A00241743
2014-07-09$32.30$0.0023.6%5.6%13.3%57.5%0.0%7.9%5.8%-29.7K-267.0K-1.3K0.00102.87N/AN/A00241743
2014-07-10$31.85$0.0019.5%5.6%14.3%38.7%0.0%7.5%4.9%-44.1K-217.8K-1.4K0.0057.73N/AN/A00241743
2014-07-11$31.56$0.0021.1%6.0%14.0%46.0%21.8%5.7%0.7%-59.9K-175.0K-1.4K0.0065.31N/AN/A04241743
2014-07-14$31.82$30.0018.3%5.3%14.1%33.4%0.0%5.6%6.1%-28.7K-266.4K-1.2K0.00102.53N/AN/A00241746
2014-07-15$31.43$30.0016.0%4.6%14.8%22.8%0.0%-5.6%3.9%-50.3K-223.5K-1.2K0.00111.55N/AN/A00241746
2014-07-16$31.44$30.0022.9%6.6%14.0%54.1%0.0%4.9%-1.5%-37.1K-239.5K-1.1K0.00102.05N/AN/A00241746
2014-07-17$30.84$30.0022.1%6.4%15.5%50.9%0.0%-0.1%-0.9%-98.6K-134.2K-1.2K0.00103.83N/AN/A00232746
2014-07-18$31.39$30.0019.8%5.7%16.8%40.1%0.0%-2.2%4.0%-17.2K-230.1K-9950.00105.44N/AN/A00232746
2014-07-21$31.34$30.0020.7%5.9%16.0%44.3%0.0%0.3%0.7%-6.3K3.4K-9710.00103.58N/AN/A030103132
2014-07-22$31.81$30.0015.0%4.3%17.0%18.1%0.0%0.2%6.9%-5.4K-7.5K-1.1K0.00105.34N/AN/A00103152
2014-07-23$31.46$30.0017.0%4.9%17.3%27.4%0.0%-5.1%1.3%-5.4K-4.0K-1.1K0.00105.61N/AN/A010103152
2014-07-24$31.22$30.0021.6%6.2%17.3%48.1%0.0%2.4%-0.1%-6.6K17.1K-1.1K0.0093.08N/AN/A00103162
2014-07-25$30.86$30.0020.6%5.9%17.7%43.7%0.0%-0.3%0.1%-8.3K44.6K-1.1K0.00103.64N/AN/A00103162
2014-07-28$30.46$30.0020.6%5.9%17.8%43.9%0.0%0.8%0.5%-9.3K63.5K-1.1K0.00101.01N/AN/A00103162
2014-07-29$30.41$30.0020.5%5.9%17.4%43.3%20.5%16.4%1.4%-9.0K75.8K-1.1K0.0099.71N/AN/A100103162
2014-07-30$30.67$30.0021.6%6.2%17.0%48.3%0.0%10.3%-0.1%-6.2K40.7K-9990.00100.63N/AN/A05113162
2014-07-31$30.05$30.0022.9%6.6%17.9%54.3%0.0%2.6%-1.6%-6.3K75.7K-1.1K0.0097.64N/AN/A10113157