HI Options History — May 2016

In May 2016, HI traded between $29.88 and $31.23. ATM implied volatility averaged 24.2%, placing in the 23.7% IV rank vs the trailing year. The 30-day expected move averaged 6.8%. IV traded above realized volatility by 8.9% (HV 20d: 15.3%). Max pain ranged from $30.00 to $30.00. Net GEX was positive for 8 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 4.44.

Notable Days

  • 2016-05-03: Highest Volume — 597 contracts
  • 2016-05-04: Largest IV drop — 14.5% change
  • 2016-05-03: Highest IV Rank — 43.3%
  • 2016-05-03: Largest Expected Move — 9.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$30.58$29.88$31.23$30.25$31.23
Max Pain$30.00$30.00$30.00$30.00$30.00
ATM IV24.2%21.2%31.9%31.9%24.1%
Expected Move6.8%6.1%9.1%9.1%6.9%
HV 20d15.3%12.7%18.4%15.4%18.1%
HV 60d17.1%16.1%18.7%18.6%16.9%
IV Rank23.7%15.4%43.3%43.3%26.5%
IV Percentile24.2%5.2%75.4%75.4%26.2%
Term Structure-1.6%-6.0%0.9%-6.0%-2.1%
VWIV23.8%21.3%31.9%31.9%24.4%
Skew 25d1.9%-4.4%4.2%4.2%0.9%
Skew 10d5.1%-6.2%10.5%6.5%10.5%
Call IV 25d23.5%19.9%31.0%28.7%23.6%
Put IV 25d25.4%21.4%34.0%32.9%24.4%
Bid-Ask Spread %95.3088.25100.2388.9998.61
Gamma HHI0.830.550.970.870.81
Net GEX-60.3K-221.1K33.6K18.5K33.6K
Net DEX-40.5K-626.5K512.9K-322.5K-626.5K
Net VEX-1.9K-2.7K-1.1K-1.5K-1.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio4.440.7210.4910.490.86
Total Volume212.61982597586314
Total OI740.381367937378519

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2016-05-02$30.25$30.0031.9%9.1%15.4%43.3%31.9%4.2%-6.0%18.5K-322.5K-1.5K10.4988.99N/AN/A51535252126
2016-05-03$30.02$30.0031.9%9.1%15.2%43.3%31.9%3.1%-5.3%-67.9K419.4K-2.7K8.6395.04N/AN/A62535259626
2016-05-04$30.14$30.0027.3%7.8%14.8%29.8%27.3%2.9%-4.4%-83.3K381.2K-2.7K0.7296.32N/AN/A6144269627
2016-05-05$29.88$0.0024.6%6.4%15.2%21.9%22.3%1.1%-1.3%-96.2K512.9K-2.6K1.9394.81N/AN/A2854281633
2016-05-06$30.28$30.0024.5%6.4%15.7%21.5%22.2%2.3%-0.4%-100.4K301.5K-2.7K1.5095.42N/AN/A3654282642
2016-05-09$30.24$30.0024.7%6.4%15.4%22.1%22.4%-4.4%-0.3%-112.9K297.7K-2.5K2.9489.89N/AN/A35103291642
2016-05-10$30.79$30.0026.1%6.7%15.7%26.2%23.3%-4.4%-1.2%-80.1K-62.0K-2.1K3.5588.25N/AN/A29103291592
2016-05-11$30.75$30.0022.9%6.6%12.9%16.9%22.8%3.5%-1.0%-79.3K-124.3K-2.1K5.5996.30N/AN/A29162293592
2016-05-12$30.85$30.0023.5%6.8%12.9%24.3%23.4%3.6%-1.6%-80.2K-115.7K-2.1K6.2195.63N/AN/A29180293623
2016-05-13$30.49$30.0022.5%6.4%12.7%20.2%22.4%3.0%-0.7%-101.6K41.6K-2.2K4.5995.24N/AN/A29133293642
2016-05-16$30.85$30.0023.4%6.7%13.1%23.9%23.3%4.0%-1.2%-101.5K-128.2K-1.8K4.6096.60N/AN/A30138293642
2016-05-17$30.68$30.0023.4%6.7%13.3%23.7%23.3%3.7%-1.5%-99.2K-107.5K-1.9K4.6096.97N/AN/A30138295642
2016-05-18$30.19$30.0022.4%6.4%14.5%19.9%22.4%2.1%-1.3%-164.0K225.6K-1.7K4.4594.94N/AN/A31138282642
2016-05-19$30.10$30.0022.8%6.5%14.1%21.5%22.8%1.3%-1.2%-221.1K335.9K-1.6K4.4596.47N/AN/A31138282642
2016-05-20$30.56$30.0022.2%6.4%14.9%19.1%22.2%2.1%-0.7%14.6K-507.5K-1.2K4.9495.44N/AN/A31153282642
2016-05-23$30.28$30.0021.9%6.3%15.1%18.1%21.9%3.1%-0.5%9.4K-203.0K-1.3K5.0095.41N/AN/A29145200167
2016-05-24$31.22$30.0021.2%6.1%18.4%15.4%21.3%1.5%0.9%10.7K-294.9K-1.2K5.0095.72N/AN/A29145200167
2016-05-25$31.15$30.0022.7%6.5%18.4%20.9%22.7%2.4%-1.4%11.2K-292.0K-1.2K5.0096.99N/AN/A29145200167
2016-05-26$31.08$30.0023.1%6.6%18.2%22.4%23.2%2.6%-1.9%11.6K-290.9K-1.2K7.2598.05N/AN/A20145200167
2016-05-27$31.18$30.0021.7%6.2%18.2%17.2%22.0%0.8%-0.4%11.2K-292.2K-1.1K0.86100.23N/AN/A169145201167
2016-05-31$31.23$30.0024.1%6.9%18.1%26.5%24.4%0.9%-2.1%33.6K-626.5K-1.7K0.8698.61N/AN/A169145352167