HI Options History — April 2016

In April 2016, HI traded between $28.59 and $30.66. ATM implied volatility averaged 26.0%, placing in the 26.2% IV rank vs the trailing year. The 30-day expected move averaged 7.7%. IV traded above realized volatility by 7.7% (HV 20d: 18.4%). Max pain ranged from $30.00 to $30.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 1.95.

Notable Days

  • 2016-04-08: Highest Volume — 209 contracts
  • 2016-04-11: Largest IV spike — 38.6% change
  • 2016-04-12: Highest IV Rank — 37.4%
  • 2016-04-29: Largest Expected Move — 8.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$29.82$28.59$30.66$29.71$30.37
Max Pain$30.00$30.00$30.00$30.00$30.00
ATM IV26.0%19.0%29.9%21.2%29.7%
Expected Move7.7%6.1%8.5%6.1%8.5%
HV 20d18.4%16.4%20.4%17.2%16.4%
HV 60d22.9%18.8%24.4%24.2%18.8%
IV Rank26.2%5.4%37.4%11.9%37.0%
IV Percentile40.9%0.8%67.9%4.0%67.9%
Term Structure-2.5%-4.0%4.4%4.4%-4.0%
VWIV27.0%21.2%29.7%21.2%29.7%
Skew 25d5.3%-3.8%46.0%46.0%4.2%
Skew 10d7.6%-5.5%63.6%63.6%6.5%
Call IV 25d25.0%20.9%32.2%25.7%26.4%
Put IV 25d30.3%22.8%71.7%71.7%30.6%
Bid-Ask Spread %94.5290.0296.9396.9395.59
Gamma HHI0.870.810.950.910.88
Net GEX24.5K15.8K52.0K31.4K18.8K
Net DEX-325.4K-616.5K-192.2K-349.2K-347.2K
Net VEX-1.5K-1.6K-1.3K-1.6K-1.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.950.972.641.432.15
Total Volume150.52475209182123
Total OI416.143315494452378

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2016-04-01$29.71$30.0021.2%6.1%17.2%11.9%21.2%46.0%4.4%31.4K-349.2K-1.6K1.4396.93N/AN/A75107282170
2016-04-04$29.28$30.0022.3%7.5%17.9%15.2%26.0%-0.6%-2.5%29.9K-291.7K-1.5K1.3495.17N/AN/A80107284170
2016-04-05$28.98$30.0020.5%7.5%18.0%9.9%26.2%8.2%-3.0%26.0K-250.9K-1.5K1.3492.33N/AN/A80107282170
2016-04-06$28.75$30.0023.8%7.1%17.8%19.7%24.8%7.6%-1.5%26.8K-238.1K-1.4K1.3492.01N/AN/A80107282170
2016-04-07$28.67$30.0021.4%7.7%17.7%12.5%26.9%6.7%-3.9%21.0K-192.2K-1.4K1.4393.37N/AN/A75107282170
2016-04-08$28.78$30.0019.0%7.5%17.7%5.4%26.1%7.3%-2.9%22.8K-203.9K-1.3K1.1591.31N/AN/A97112283170
2016-04-11$28.59$30.0026.3%7.5%17.6%26.9%26.3%-3.1%-3.1%21.2K-198.9K-1.4K1.2295.26N/AN/A92112296175
2016-04-12$29.04$30.0029.9%7.6%18.4%37.4%26.4%-1.4%-2.5%31.1K-262.3K-1.5K1.2296.35N/AN/A92112316175
2016-04-13$29.83$30.0025.8%7.4%20.4%25.6%25.8%1.7%-2.6%52.0K-382.7K-1.6K2.2095.32N/AN/A51112316175
2016-04-14$29.88$30.0026.6%7.6%20.3%27.7%26.6%2.1%-3.4%50.7K-422.5K-1.5K2.3895.06N/AN/A47112318175
2016-04-15$30.34$30.0026.5%7.6%19.8%27.6%26.5%4.2%-3.1%22.2K-616.5K-1.5K2.3894.94N/AN/A47112319175
2016-04-18$30.56$30.0027.5%7.9%19.6%30.5%27.5%4.6%-2.4%22.3K-387.6K-1.5K0.9795.95N/AN/A383723976
2016-04-19$30.56$30.0028.5%8.2%19.5%33.4%28.5%-3.8%-2.5%22.7K-394.5K-1.4K2.6490.02N/AN/A338723976
2016-04-20$30.47$30.0027.6%7.9%19.4%30.6%27.6%4.3%-2.6%16.7K-338.6K-1.5K2.5595.51N/AN/A3384242126
2016-04-21$30.20$30.0028.3%8.1%18.7%32.7%28.3%3.3%-2.6%15.8K-300.9K-1.6K2.6394.55N/AN/A3284242126
2016-04-22$30.43$30.0028.0%8.0%18.7%31.9%28.0%4.6%-2.8%16.5K-324.5K-1.5K2.6395.77N/AN/A3284242126
2016-04-25$30.23$30.0028.3%8.1%19.0%32.9%28.2%3.5%-2.4%16.7K-311.8K-1.5K2.6394.59N/AN/A3284242126
2016-04-26$30.50$30.0028.9%8.3%17.8%34.5%28.9%4.1%-3.5%16.7K-325.6K-1.5K2.6394.02N/AN/A3284242126
2016-04-27$30.66$30.0028.3%8.1%17.1%32.8%28.3%3.5%-2.8%16.9K-353.1K-1.5K2.6396.30N/AN/A3284242126
2016-04-28$30.48$30.0028.5%8.2%16.8%33.5%28.5%4.4%-2.3%16.5K-340.5K-1.5K2.1594.64N/AN/A3984242126
2016-04-29$30.37$30.0029.7%8.5%16.4%37.0%29.7%4.2%-4.0%18.8K-347.2K-1.4K2.1595.59N/AN/A3984252126