HI Options History — June 2017

In June 2017, HI traded between $35.88 and $37.20. ATM implied volatility averaged 25.7%, placing in the 14.4% IV rank vs the trailing year. The 30-day expected move averaged 6.4%. IV traded above realized volatility by 9.0% (HV 20d: 16.8%). 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 17 of 22 days. Put/call ratio averaged 2.48.

Notable Days

2017-06-26: Highest Volume — 77 contracts
2017-06-30: Largest IV spike — 210.5% change
2017-06-30: Highest IV Rank — 50.8%
2017-06-30: Largest Expected Move — 15.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$36.40	$35.88	$37.20	$36.20	$36.30
Max Pain	$35.00	$35.00	$35.00	$35.00	$35.00
ATM IV	25.7%	15.7%	53.6%	21.4%	53.6%
Expected Move	6.4%	4.5%	15.4%	6.1%	15.4%
HV 20d	16.8%	15.3%	18.3%	17.7%	16.3%
HV 60d	18.2%	17.7%	18.7%	17.8%	18.1%
IV Rank	14.4%	1.3%	50.8%	8.7%	50.8%
IV Percentile	41.8%	0.8%	99.6%	23.0%	99.6%
Term Structure	0.9%	-25.2%	13.8%	2.9%	-25.2%
VWIV	21.5%	17.5%	28.1%	28.1%	27.7%
Skew 25d	2.0%	-19.9%	15.6%	9.8%	-19.9%
Skew 10d	13.3%	0.9%	46.4%	44.0%	8.9%
Call IV 25d	21.5%	13.9%	60.3%	22.7%	60.3%
Put IV 25d	23.5%	18.2%	40.4%	32.4%	40.4%
Bid-Ask Spread %	106.77	90.91	127.38	90.91	127.38
Gamma HHI	0.59	0.45	0.78	0.63	0.45
Net GEX	26.8K	5.3K	42.5K	29.4K	5.3K
Net DEX	-225.9K	-368.3K	-125.2K	-218.9K	-269.0K
Net VEX	-1.2K	-1.7K	-519	-1.7K	-519
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	2.48	1.10	3.81	1.10	3.81
Total Volume	59.864	42	77	42	77
Total OI	487.5	472	510	472	488

Daily Data (22 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2017-06-01	$36.20	$0.00	21.4%	6.1%	17.7%	8.7%	0.0%	9.8%	2.9%	29.4K	-218.9K	-1.7K	1.10	90.91	N/A	N/A	20	22	395	77
2017-06-02	$36.98	$0.00	28.9%	8.3%	16.2%	18.5%	28.1%	-5.6%	-13.2%	35.5K	-281.2K	-1.7K	1.30	107.89	N/A	N/A	20	26	395	77
2017-06-05	$36.45	$35.00	25.8%	5.4%	15.3%	14.4%	18.0%	-1.3%	5.4%	27.0K	-207.3K	-1.5K	1.55	104.58	N/A	N/A	20	31	400	81
2017-06-06	$36.00	$35.00	22.1%	6.1%	15.6%	9.6%	23.7%	4.4%	0.9%	26.2K	-181.9K	-1.5K	1.55	107.50	N/A	N/A	20	31	400	86
2017-06-07	$36.03	$35.00	21.6%	5.9%	15.5%	9.0%	19.9%	3.9%	1.6%	25.2K	-169.0K	-1.4K	1.55	103.77	N/A	N/A	20	31	400	86
2017-06-08	$36.60	$35.00	42.1%	5.8%	16.6%	35.8%	20.7%	-0.1%	-3.0%	31.4K	-221.9K	-900	1.85	123.87	N/A	N/A	20	37	400	86
2017-06-09	$36.63	$35.00	25.6%	5.8%	16.6%	14.2%	19.4%	4.7%	2.2%	32.4K	-257.5K	-1.5K	1.85	101.86	N/A	N/A	20	37	400	86
2017-06-12	$36.48	$35.00	39.6%	6.2%	16.5%	32.5%	21.6%	6.6%	0.7%	33.1K	-269.5K	-1.5K	1.85	106.67	N/A	N/A	20	37	400	86
2017-06-13	$36.50	$35.00	42.3%	6.1%	16.5%	36.0%	20.9%	5.1%	1.1%	30.5K	-236.4K	-1.4K	1.85	107.26	N/A	N/A	20	37	400	86
2017-06-14	$36.42	$35.00	21.5%	6.2%	15.9%	8.8%	21.0%	-8.0%	0.9%	29.0K	-208.8K	-1.1K	2.31	122.76	N/A	N/A	16	37	400	86
2017-06-15	$37.00	$35.00	18.6%	5.3%	15.7%	5.0%	21.5%	-0.6%	5.3%	38.1K	-316.7K	-1.4K	2.38	106.21	N/A	N/A	16	38	401	86
2017-06-16	$36.70	$35.00	19.2%	5.5%	15.6%	5.9%	19.5%	5.9%	5.9%	36.9K	-305.3K	-1.4K	2.38	110.65	N/A	N/A	16	38	401	86
2017-06-19	$37.20	$35.00	17.3%	5.0%	16.3%	3.4%	17.7%	7.1%	13.8%	42.5K	-368.3K	-1.4K	2.13	93.29	N/A	N/A	16	34	401	82
2017-06-20	$36.67	$35.00	22.0%	6.3%	17.2%	9.5%	21.2%	4.2%	2.2%	36.3K	-301.4K	-1.3K	2.94	101.67	N/A	N/A	16	47	401	82
2017-06-21	$36.10	$35.00	21.8%	6.3%	18.1%	9.3%	22.0%	2.6%	1.6%	26.2K	-187.8K	-1.2K	2.94	94.95	N/A	N/A	16	47	401	95
2017-06-22	$35.98	$35.00	18.3%	5.3%	18.1%	4.7%	19.2%	15.6%	6.9%	12.9K	-125.2K	-946	2.94	104.79	N/A	N/A	16	47	401	95
2017-06-23	$35.88	$35.00	28.7%	8.2%	17.5%	18.2%	27.3%	1.3%	-9.3%	17.5K	-154.7K	-1.0K	2.94	105.29	N/A	N/A	16	47	401	95
2017-06-26	$36.23	$35.00	15.7%	4.5%	17.9%	1.3%	17.5%	1.2%	10.1%	19.9K	-184.5K	-922	3.81	97.58	N/A	N/A	16	61	401	95
2017-06-27	$36.00	$35.00	20.4%	5.9%	18.0%	7.5%	20.8%	0.9%	3.0%	17.6K	-147.2K	-1.0K	3.81	96.56	N/A	N/A	16	61	401	109
2017-06-28	$36.42	$35.00	22.5%	6.5%	18.3%	10.2%	23.5%	5.3%	-3.5%	16.8K	-186.1K	-857	3.81	116.71	N/A	N/A	16	61	401	87
2017-06-29	$36.05	$35.00	17.3%	5.0%	17.9%	3.3%	19.7%	1.5%	9.2%	20.9K	-171.2K	-884	3.81	116.70	N/A	N/A	16	61	401	87
2017-06-30	$36.30	$35.00	53.6%	15.4%	16.3%	50.8%	27.7%	-19.9%	-25.2%	5.3K	-269.0K	-519	3.81	127.38	N/A	N/A	16	61	401	87