HI Options History — May 2017

In May 2017, HI traded between $35.67 and $38.33. ATM implied volatility averaged 26.2%, placing in the 15.0% IV rank vs the trailing year. The 30-day expected move averaged 7.0%. IV traded above realized volatility by 7.1% (HV 20d: 19.2%). Max pain ranged from $35.00 to $35.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 1.97.

Notable Days

  • 2017-05-09: Highest Volume — 101 contracts
  • 2017-05-09: Largest IV spike — 115.8% change
  • 2017-05-01: Highest IV Rank — 38.4%
  • 2017-05-01: Largest Expected Move — 12.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$36.94$35.67$38.33$36.67$35.67
Max Pain$35.00$35.00$35.00$35.00$35.00
ATM IV26.2%18.9%44.1%44.1%24.7%
Expected Move7.0%4.8%12.6%12.6%7.1%
HV 20d19.2%16.8%22.3%20.5%16.9%
HV 60d18.5%17.5%19.2%19.2%17.5%
IV Rank15.0%5.5%38.4%38.4%13.0%
IV Percentile52.2%9.1%97.6%97.6%57.9%
Term Structure-4.2%-37.4%4.8%-37.4%-3.0%
VWIV30.3%30.2%30.5%30.5%30.3%
Skew 25d0.5%-52.3%7.3%1.7%3.1%
Skew 10d6.6%-19.9%22.0%12.6%6.5%
Call IV 25d24.4%15.5%83.0%29.3%24.6%
Put IV 25d25.0%19.4%31.0%31.0%27.7%
Bid-Ask Spread %107.9386.69127.36120.33107.63
Gamma HHI0.720.570.850.680.57
Net GEX37.8K24.8K50.8K37.1K24.8K
Net DEX-361.5K-591.2K-157.3K-348.9K-157.3K
Net VEX-2.1K-2.5K-1.5K-2.1K-1.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.971.063.251.531.10
Total Volume64.909421014342
Total OI461.409435472435472

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-05-01$36.67$35.0044.1%12.6%20.5%38.4%30.5%1.7%-37.4%37.1K-348.9K-2.1K1.53120.33N/AN/A172639045
2017-05-02$36.73$35.0028.1%8.1%19.3%17.5%30.2%6.5%-0.8%37.2K-329.9K-2.0K1.53103.52N/AN/A172639045
2017-05-03$36.53$35.0035.7%10.2%19.4%27.4%30.3%-52.3%-0.0%33.5K-281.5K-1.8K1.88116.84N/AN/A173239045
2017-05-04$37.60$0.0030.4%7.4%21.3%20.5%0.0%-2.5%-8.1%43.4K-425.4K-2.3K1.88121.88N/AN/A173239055
2017-05-05$38.28$0.0024.1%5.1%21.8%12.3%0.0%5.3%0.7%48.8K-581.5K-2.4K1.88120.69N/AN/A173239055
2017-05-08$38.33$0.0020.2%5.2%21.8%7.2%0.0%2.5%-1.1%50.3K-591.2K-2.5K3.06104.84N/AN/A175239055
2017-05-09$37.95$0.0043.7%4.8%22.3%37.8%0.0%6.3%0.8%50.8K-514.2K-2.5K1.06107.72N/AN/A495239078
2017-05-10$38.15$0.0026.5%7.6%21.4%15.4%0.0%-8.6%-5.1%49.0K-537.9K-2.4K1.06112.37N/AN/A495239078
2017-05-11$38.00$0.0021.1%6.0%18.8%8.3%0.0%2.2%-2.1%46.1K-464.6K-2.5K1.06115.10N/AN/A495239078
2017-05-12$37.75$0.0018.9%5.4%18.5%5.5%0.0%2.7%-1.4%45.1K-450.6K-2.4K1.06107.21N/AN/A495239078
2017-05-15$37.73$0.0019.8%5.7%18.5%6.6%0.0%2.1%-2.6%40.9K-503.6K-2.4K2.89104.67N/AN/A185239078
2017-05-16$37.20$0.0032.3%9.3%19.6%23.0%0.0%1.9%-21.6%41.3K-450.9K-2.3K2.89127.36N/AN/A185239078
2017-05-17$36.55$0.0020.0%5.7%20.4%6.9%0.0%7.3%4.8%33.2K-307.0K-2.1K3.25109.78N/AN/A165239078
2017-05-18$36.23$0.0023.2%6.6%19.1%11.0%0.0%3.9%-1.9%30.5K-250.2K-2.0K3.25103.38N/AN/A165239078
2017-05-19$36.35$0.0024.6%7.1%19.0%13.0%0.0%5.8%-4.8%34.0K-296.4K-2.0K3.25114.91N/AN/A165239078
2017-05-22$36.40$0.0020.9%6.0%17.8%8.1%0.0%5.8%1.7%34.3K-298.6K-2.0K2.1593.81N/AN/A204339077
2017-05-23$36.45$0.0024.0%6.9%16.9%12.1%0.0%4.2%-3.1%34.1K-292.1K-2.0K2.1597.50N/AN/A204339577
2017-05-24$36.42$0.0024.2%6.9%16.9%12.3%0.0%5.6%-2.5%32.7K-266.4K-1.8K2.1599.38N/AN/A204339577
2017-05-25$35.95$0.0021.3%6.1%17.3%8.6%0.0%2.9%0.9%29.4K-224.3K-1.8K2.15102.79N/AN/A204339577
2017-05-26$35.88$0.0023.6%6.8%17.0%11.6%0.0%1.0%-2.5%27.4K-193.9K-1.7K1.1086.69N/AN/A202239577
2017-05-30$35.90$0.0025.7%7.4%16.8%14.3%0.0%4.1%-2.9%26.8K-186.5K-1.6K1.1095.92N/AN/A202239577
2017-05-31$35.67$0.0024.7%7.1%16.9%13.0%0.0%3.1%-3.0%24.8K-157.3K-1.5K1.10107.63N/AN/A202239577