HI Options History — June 2016

In June 2016, HI traded between $28.56 and $31.25. ATM implied volatility averaged 22.8%, placing in the 21.4% IV rank vs the trailing year. The 30-day expected move averaged 6.5%. IV traded above realized volatility by 3.2% (HV 20d: 19.6%). Max pain ranged from $25.00 to $30.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 20 of 22 days. Put/call ratio averaged 5.19.

Notable Days

  • 2016-06-01: Highest Volume — 317 contracts
  • 2016-06-27: Largest IV spike — 28.1% change
  • 2016-06-27: Highest IV Rank — 40.8%
  • 2016-06-27: Largest Expected Move — 8.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$30.47$28.56$31.25$31.23$29.99
Max Pain$28.18$25.00$30.00$30.00$30.00
ATM IV22.8%19.5%27.9%24.4%21.6%
Expected Move6.5%5.6%8.0%7.0%6.2%
HV 20d19.6%10.2%35.7%17.7%35.7%
HV 60d18.0%15.7%24.3%16.8%24.3%
IV Rank21.4%9.0%40.8%27.6%17.0%
IV Percentile17.2%0.8%56.7%28.6%7.5%
Term Structure1.5%-2.4%7.5%-2.4%3.5%
VWIV22.9%19.4%30.4%24.7%21.7%
Skew 25d3.7%-1.7%18.8%1.1%2.7%
Skew 10d9.1%-3.2%42.6%9.4%4.6%
Call IV 25d22.2%18.3%28.7%23.9%27.1%
Put IV 25d26.0%21.8%39.3%25.0%29.8%
Bid-Ask Spread %98.1293.97115.3498.3495.53
Gamma HHI0.850.810.930.810.93
Net GEX40.2K28.2K68.5K33.8K68.5K
Net DEX-523.5K-737.0K-152.8K-628.6K-431.4K
Net VEX-1.4K-1.7K-1.0K-1.7K-1.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio5.190.846.320.844.50
Total Volume172.409119317317121
Total OI502.318476523519480

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2016-06-01$31.23$30.0024.4%7.0%17.7%27.6%24.7%1.1%-2.4%33.8K-628.6K-1.7K0.8498.34N/AN/A172145352167
2016-06-02$31.25$25.0023.3%6.2%17.7%23.4%21.6%4.2%1.6%34.3K-641.2K-1.7K0.8494.60N/AN/A172145355167
2016-06-03$31.11$25.0022.9%6.0%17.5%22.0%20.7%3.3%2.5%36.6K-624.7K-1.6K0.8494.86N/AN/A172145355167
2016-06-06$31.23$25.0022.2%6.4%17.0%19.3%20.0%3.9%1.2%35.0K-647.4K-1.6K6.3095.57N/AN/A23145355167
2016-06-07$31.15$25.0023.5%6.2%17.0%24.1%19.7%4.0%1.3%36.9K-639.1K-1.6K6.3095.82N/AN/A23145356167
2016-06-08$31.24$25.0021.3%6.1%15.9%15.7%19.4%3.7%1.8%36.8K-658.4K-1.5K6.3094.35N/AN/A23145356167
2016-06-09$31.18$25.0021.7%6.2%15.9%17.2%19.9%3.9%1.3%36.8K-644.3K-1.5K6.3095.05N/AN/A23145356167
2016-06-10$30.77$25.0022.6%6.5%16.6%20.7%21.5%18.8%0.7%35.5K-550.4K-1.6K6.3096.65N/AN/A23145354167
2016-06-13$30.47$25.0023.2%6.6%16.4%22.9%23.9%3.0%0.9%33.6K-499.3K-1.5K6.3093.97N/AN/A23145354167
2016-06-14$30.57$30.0023.9%6.8%15.9%25.5%24.1%3.8%0.3%31.9K-530.3K-1.5K6.3094.50N/AN/A23145348167
2016-06-15$30.55$30.0022.7%6.5%15.8%21.2%22.2%3.3%2.3%34.0K-547.3K-1.5K6.3096.25N/AN/A23145348167
2016-06-16$30.36$30.0023.1%6.6%14.8%22.4%23.5%3.0%1.4%28.2K-504.7K-1.5K6.3094.92N/AN/A23145348167
2016-06-17$30.51$30.0023.3%6.7%14.9%23.1%23.8%3.3%0.7%46.1K-568.0K-1.4K6.3095.43N/AN/A23145348167
2016-06-20$31.06$30.0023.3%6.7%15.2%23.4%23.4%2.8%1.1%43.3K-661.7K-1.2K6.3296.85N/AN/A19120344132
2016-06-21$30.90$30.0022.5%6.4%14.9%20.2%22.4%10.3%2.5%49.5K-633.7K-1.2K6.3296.41N/AN/A19120344132
2016-06-22$30.75$30.0023.4%6.7%10.2%23.7%23.7%-1.7%1.8%48.5K-602.7K-1.2K6.32103.14N/AN/A19120344132
2016-06-23$31.22$30.0019.5%5.6%11.6%9.0%20.2%2.3%7.5%65.6K-737.0K-1.0K6.32115.26N/AN/A19120344132
2016-06-24$28.65$30.0021.8%6.2%32.7%17.6%29.6%0.8%2.8%38.6K-220.2K-1.1K4.86115.34N/AN/A21102344132
2016-06-27$28.57$30.0027.9%8.0%32.6%40.8%30.4%0.9%-1.6%33.4K-181.5K-1.1K4.8698.90N/AN/A21102346132
2016-06-28$28.56$30.0022.4%6.4%32.5%19.8%25.8%1.5%1.1%33.7K-152.8K-1.0K4.6798.69N/AN/A2198346132
2016-06-29$29.05$30.0021.2%6.1%33.4%15.3%22.6%2.6%1.3%44.7K-211.7K-1.1K4.4598.32N/AN/A2298346133
2016-06-30$29.99$30.0021.6%6.2%35.7%17.0%21.7%2.7%3.5%68.5K-431.4K-1.2K4.5095.53N/AN/A2299347133