HI Options History — February 2015

In February 2015, HI traded between $30.24 and $32.74. ATM implied volatility averaged 26.3%, placing in the 52.6% IV rank vs the trailing year. The 30-day expected move averaged 7.5%. IV traded below realized volatility by 4.2% (HV 20d: 30.5%). Max pain ranged from $30.00 to $35.00. Net GEX was positive for 3 of 19 trading days. Term structure was in contango for 3 of 19 days. Put/call ratio averaged 1.03.

Notable Days

  • 2015-02-06: Highest Volume — 1,130 contracts
  • 2015-02-09: Largest IV spike — 26.7% change
  • 2015-02-09: Highest IV Rank — 64.6%
  • 2015-02-17: Largest Expected Move — 8.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$31.18$30.24$32.74$32.11$31.74
Max Pain$30.26$30.00$35.00$30.00$30.00
ATM IV26.3%22.2%29.3%28.0%26.0%
Expected Move7.5%6.4%8.2%8.0%7.5%
HV 20d30.5%23.5%33.1%23.5%30.7%
HV 60d26.6%24.3%28.2%24.3%25.6%
IV Rank52.6%36.6%64.6%59.5%51.6%
IV Percentile86.2%65.9%96.4%94.4%82.9%
Term Structure-0.3%-3.4%7.1%7.1%-0.1%
VWIV24.3%19.0%29.3%28.3%25.6%
Skew 25d4.1%-4.5%15.2%11.4%4.3%
Skew 10d8.1%-4.2%35.0%35.0%11.5%
Call IV 25d23.2%19.7%33.3%21.0%21.9%
Put IV 25d27.3%21.7%35.1%32.3%26.2%
Bid-Ask Spread %96.1885.86105.1699.4297.57
Gamma HHI0.570.490.710.560.49
Net GEX-9.0K-16.8K23.0K7.6K-10.8K
Net DEX171.1K-33.0K332.9K132.3K212.0K
Net VEX-1.9K-2.3K-1.1K-1.2K-2.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.030.006.671.111.70
Total Volume337.42101,1300124
Total OI789.895521957521719

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-02-02$32.11$30.0028.0%8.0%23.5%59.5%0.0%11.4%7.1%7.6K132.3K-1.2K0.0099.42N/AN/A00375146
2015-02-03$32.74$30.0022.2%6.4%24.6%36.6%28.3%15.2%6.6%23.0K29.4K-1.6K1.11102.59N/AN/A97108375146
2015-02-04$32.49$30.0022.6%6.5%23.7%38.2%21.8%0.6%6.5%8.3K79.6K-1.4K0.69105.16N/AN/A9767417189
2015-02-05$30.64$35.0026.4%7.6%31.3%53.1%26.7%-2.1%-1.1%-11.2K247.9K-1.1K0.4089.82N/AN/A668270417191
2015-02-06$31.43$30.0023.1%7.7%32.3%40.2%20.2%7.4%-1.3%-7.6K46.0K-2.0K0.3094.52N/AN/A866264543336
2015-02-09$30.91$30.0029.3%7.7%32.6%64.6%19.0%5.7%-2.0%-7.0K106.2K-2.1K0.6897.09N/AN/A360244522346
2015-02-10$30.29$30.0027.9%7.8%33.1%58.9%21.4%2.8%-1.3%-12.6K259.9K-2.1K0.6395.84N/AN/A362228524358
2015-02-11$30.34$30.0027.6%7.9%33.1%58.0%22.9%2.5%-3.3%-14.9K332.9K-2.2K0.1896.02N/AN/A36265526394
2015-02-12$30.24$30.0026.3%7.5%33.1%52.9%23.0%2.7%-1.3%-16.3K332.0K-2.2K0.1894.41N/AN/A36265526401
2015-02-13$30.27$30.0027.4%7.8%31.6%57.1%23.3%2.7%-2.1%-15.4K321.8K-2.3K0.2696.64N/AN/A36295526401
2015-02-17$30.90$30.0028.8%8.2%32.0%62.5%22.5%5.5%-3.4%-16.8K131.7K-2.2K0.2596.55N/AN/A37595526425
2015-02-18$31.25$30.0028.0%8.0%31.3%59.5%29.3%-4.5%-2.3%-13.3K60.9K-2.0K0.4285.86N/AN/A22595527425
2015-02-19$31.10$30.0025.7%7.4%31.3%50.3%0.0%5.4%-1.8%-13.9K-29.6K-2.0K0.0096.53N/AN/A20552405
2015-02-20$31.14$30.0024.9%7.2%31.3%47.4%0.0%4.0%-0.9%-14.5K-33.0K-2.0K6.6790.31N/AN/A320550405
2015-02-23$31.07$30.0026.3%7.5%31.0%52.7%26.1%4.2%-2.0%-14.9K281.5K-1.8K1.1095.48N/AN/A5864404284
2015-02-24$31.07$30.0026.2%7.5%30.8%52.3%26.0%3.5%-1.8%-13.8K257.6K-1.8K1.3497.29N/AN/A5878405284
2015-02-25$31.22$30.0026.2%7.5%30.9%52.3%26.1%3.6%-1.1%-14.1K249.7K-1.9K1.3498.33N/AN/A5878405314
2015-02-26$31.48$30.0026.1%7.5%30.9%52.1%26.0%2.9%-0.4%-12.6K231.9K-1.9K1.3497.91N/AN/A5878405314
2015-02-27$31.74$30.0026.0%7.5%30.7%51.6%25.6%4.3%-0.1%-10.8K212.0K-2.0K1.7097.57N/AN/A4678405314