HI Options History — October 2014

In October 2014, HI traded between $29.50 and $33.99. ATM implied volatility averaged 22.8%, placing in the 45.8% IV rank vs the trailing year. The 30-day expected move averaged 6.4%. IV traded below realized volatility by 1.7% (HV 20d: 24.6%). Max pain ranged from $25.00 to $30.00. Net GEX was positive for 4 of 23 trading days. Term structure was in contango for 13 of 23 days. Put/call ratio averaged 0.65.

Notable Days

  • 2014-10-28: Highest Volume — 287 contracts
  • 2014-10-15: Largest IV spike — 29.2% change
  • 2014-10-15: Highest IV Rank — 87.6%
  • 2014-10-15: Largest Expected Move — 6.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$31.27$29.50$33.99$30.44$33.28
Max Pain$29.57$25.00$30.00$25.00$30.00
ATM IV22.8%18.8%33.6%22.6%19.2%
Expected Move6.4%6.0%6.8%6.1%6.2%
HV 20d24.6%18.8%30.9%18.8%30.9%
HV 60d21.0%19.2%23.6%19.2%23.6%
IV Rank45.8%30.1%87.6%45.0%31.4%
IV Percentile78.1%48.4%99.6%84.1%48.8%
Term Structure0.7%-2.6%6.9%-0.5%-1.2%
VWIV21.5%20.5%23.9%21.7%21.5%
Skew 25d5.0%-9.2%38.8%1.4%-3.0%
Skew 10d10.3%-11.0%48.4%6.7%-5.5%
Call IV 25d20.9%15.0%26.8%25.9%22.4%
Put IV 25d25.9%14.4%59.4%27.3%19.4%
Bid-Ask Spread %87.0675.6299.2599.2580.40
Gamma HHI0.690.470.850.790.76
Net GEX-9.7K-32.0K36.6K-19.7K36.6K
Net DEX4.7K-398.8K183.2K80.9K-398.8K
Net VEX-1.0K-3.0K-584-641-3.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.650.001.370.460.51
Total Volume100.30402870259
Total OI348.826218625322625

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-10-01$30.44$25.0022.6%6.1%18.8%45.0%0.0%1.4%-0.5%-19.7K80.9K-6410.0099.25N/AN/A00156166
2014-10-02$30.73$25.0022.5%6.2%19.3%44.4%21.7%-0.7%-0.0%-18.8K60.8K-5840.0091.25N/AN/A010156166
2014-10-03$30.79$30.0018.8%6.4%19.3%30.1%0.0%-9.2%-2.0%-19.4K77.3K-6790.0085.49N/AN/A00156176
2014-10-06$30.43$30.0023.2%6.5%19.6%47.3%0.0%3.8%0.2%-23.3K96.0K-6680.0075.62N/AN/A00156176
2014-10-07$29.66$30.0023.4%6.5%21.1%48.0%23.9%1.3%0.7%-25.6K169.4K-6500.0087.89N/AN/A03156176
2014-10-08$30.35$30.0023.5%6.1%23.2%48.4%20.9%14.9%0.1%-26.8K113.5K-6390.4682.81N/AN/A8439156179
2014-10-09$29.50$30.0022.8%6.6%23.5%45.9%22.1%0.8%0.5%-25.3K183.2K-7760.4983.70N/AN/A8441186179
2014-10-10$29.62$30.0019.4%6.6%23.3%32.4%21.3%1.1%0.7%-30.1K166.7K-7970.7680.19N/AN/A9068186181
2014-10-13$29.62$30.0024.9%6.7%23.3%53.8%0.0%1.1%0.6%-32.0K178.6K-8340.0082.19N/AN/A100189193
2014-10-14$30.52$30.0026.0%6.3%26.2%58.0%22.1%14.6%-0.1%-26.4K62.6K-8420.7279.99N/AN/A9468202193
2014-10-15$30.95$30.0033.6%6.8%25.9%87.6%20.5%5.7%-0.9%-18.3K29.1K-8910.6583.11N/AN/A9461202193
2014-10-16$31.03$30.0026.2%6.6%25.8%58.6%0.0%5.5%-0.6%-14.0K-7.3K-8810.0094.24N/AN/A00199201
2014-10-17$31.09$30.0024.4%6.7%25.4%52.0%0.0%11.5%-0.5%-6.5K-16.0K-8510.0087.15N/AN/A040199201
2014-10-20$31.28$30.0024.6%6.6%24.9%52.5%0.0%5.4%1.4%-6.7K50.5K-8940.0087.82N/AN/A0083135
2014-10-21$31.74$30.0023.1%6.4%25.5%46.8%21.8%4.9%1.9%-5.4K20.1K-9131.3788.48N/AN/A608286135
2014-10-22$31.53$30.0024.2%6.1%24.6%50.9%20.6%5.0%0.6%-5.3K25.2K-9191.0491.06N/AN/A515386135
2014-10-23$32.24$30.0022.6%6.4%25.3%44.6%20.6%8.2%4.7%-3.6K-22.8K-9051.0489.77N/AN/A515391138
2014-10-24$32.33$30.0020.8%6.4%25.1%37.8%20.5%9.8%6.9%-4.4K-14.4K-9091.0293.17N/AN/A515291147
2014-10-27$32.44$30.0020.2%6.5%24.5%35.5%0.0%8.4%6.1%-4.4K-27.5K-8340.0097.56N/AN/A0088147
2014-10-28$33.99$30.0020.0%6.5%28.4%34.5%23.0%38.8%1.4%734-121.0K-6660.0089.84N/AN/A287088147
2014-10-29$32.89$30.0019.1%6.0%30.7%31.3%21.7%-7.8%-1.1%29.6K-344.3K-2.5K0.5280.17N/AN/A16988378147
2014-10-30$32.85$30.0020.4%6.1%30.7%36.4%20.9%-7.4%-2.6%25.7K-253.6K-2.8K0.5091.13N/AN/A17788413184
2014-10-31$33.28$30.0019.2%6.2%30.9%31.4%21.5%-3.0%-1.2%36.6K-398.8K-3.0K0.5180.40N/AN/A17188441184