HI Options History — October 2017

In October 2017, HI traded between $38.73 and $40.15. ATM implied volatility averaged 29.8%, placing in the 20.7% IV rank vs the trailing year. The 30-day expected move averaged 8.1%. IV traded above realized volatility by 16.6% (HV 20d: 13.2%). 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 6 of 22 days. Put/call ratio averaged 1.10.

Notable Days

  • 2017-10-02: Highest Volume — 103 contracts
  • 2017-10-04: Largest IV spike — 199.8% change
  • 2017-10-06: Highest IV Rank — 68.9%
  • 2017-10-13: Largest Expected Move — 13.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$39.28$38.73$40.15$39.08$39.60
Max Pain$35.00$35.00$35.00$35.00$35.00
ATM IV29.8%12.8%69.1%20.0%41.4%
Expected Move8.1%3.7%13.2%5.7%11.9%
HV 20d13.2%11.8%14.8%14.5%14.8%
HV 60d15.2%14.6%15.7%15.7%15.5%
IV Rank20.7%0.0%68.9%6.8%35.1%
IV Percentile53.2%0.0%98.4%14.3%89.3%
Term Structure-4.4%-27.2%15.4%-0.3%-12.8%
VWIV24.7%13.1%34.0%20.0%33.5%
Skew 25d7.4%-44.4%80.2%80.2%17.7%
Skew 10d11.8%-72.0%88.2%88.2%20.3%
Call IV 25d33.7%17.9%70.7%21.9%31.7%
Put IV 25d41.0%16.0%102.1%102.1%49.4%
Bid-Ask Spread %122.7399.61134.16120.20129.57
Gamma HHI0.760.560.890.860.75
Net GEX6.5K2.8K11.3K8.4K6.1K
Net DEX-104.8K-143.0K-51.2K-131.3K-55.2K
Net VEX-383-547-251-341-258
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.100.513.500.511.27
Total Volume77.4093610310350
Total OI110.55914712268

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-10-02$39.08$35.0020.0%5.7%14.5%6.8%20.0%80.2%-0.3%8.4K-131.3K-3410.51120.20N/AN/A68356458
2017-10-03$39.20$35.0012.8%3.7%12.5%0.0%13.1%-13.1%7.6%11.3K-143.0K-3860.5199.61N/AN/A68357058
2017-10-04$39.38$35.0038.4%11.0%12.4%31.3%34.0%-44.4%4.1%6.4K-130.6K-4850.51124.30N/AN/A68357058
2017-10-05$39.30$0.0036.8%8.5%12.4%29.4%0.0%11.5%-5.2%6.5K-131.3K-4880.54132.06N/AN/A65357058
2017-10-06$39.25$0.0069.1%12.6%12.6%68.9%0.0%5.2%-9.7%2.8K-106.8K-5470.54133.61N/AN/A65356758
2017-10-09$39.13$0.0019.8%9.5%12.5%8.5%0.0%8.4%-12.9%10.0K-141.4K-3510.54123.83N/AN/A65356758
2017-10-10$39.00$0.0033.1%5.5%12.6%24.8%0.0%7.8%-0.6%9.0K-127.1K-3260.54107.14N/AN/A65356758
2017-10-11$39.00$0.0036.3%10.4%12.6%28.7%0.0%18.5%-15.2%4.5K-100.8K-4350.85129.81N/AN/A41356758
2017-10-12$39.13$0.0029.9%8.6%12.6%20.9%0.0%5.6%-5.8%7.0K-128.7K-4680.85121.43N/AN/A41357358
2017-10-13$39.15$0.0046.2%13.2%12.5%40.8%0.0%15.0%-27.2%5.2K-112.6K-4950.85128.94N/AN/A41357358
2017-10-16$39.15$0.0033.4%9.6%11.8%25.3%0.0%-1.4%-10.0%6.4K-124.6K-4420.85122.42N/AN/A41357358
2017-10-17$38.73$0.0017.0%4.9%12.7%5.1%30.3%-11.6%-1.2%5.7K-106.0K-4231.10116.68N/AN/A41457358
2017-10-18$39.25$35.0020.5%5.9%13.1%9.5%23.0%-10.0%-2.1%5.8K-121.2K-4130.96122.89N/AN/A47457368
2017-10-19$38.85$35.0015.3%4.4%13.6%3.0%17.2%-9.7%1.8%6.2K-128.7K-3710.96115.71N/AN/A47457968
2017-10-20$39.38$35.0016.3%4.7%14.2%4.3%26.3%16.9%1.3%6.0K-138.2K-3730.96123.17N/AN/A47457968
2017-10-23$39.10$35.0015.6%4.5%14.6%3.4%18.7%3.6%15.4%6.6K-65.0K-3523.50116.39N/AN/A8284128
2017-10-24$39.55$35.0032.0%9.2%14.6%23.5%22.6%18.6%0.3%7.2K-70.1K-3493.50134.16N/AN/A8284128
2017-10-25$39.35$35.0036.4%10.4%12.6%28.9%28.5%16.8%-8.2%6.0K-66.6K-3521.65129.01N/AN/A17284128
2017-10-26$40.10$35.0020.9%6.0%14.0%9.9%21.3%5.2%-1.7%5.5K-61.1K-2511.04116.48N/AN/A27283128
2017-10-27$40.15$35.0038.9%11.2%12.6%32.0%29.8%21.1%-7.9%5.5K-63.5K-2671.04132.63N/AN/A27283728
2017-10-30$39.35$35.0026.0%7.5%14.7%16.2%27.1%0.1%-6.7%4.9K-51.2K-2591.22119.98N/AN/A23283928
2017-10-31$39.60$35.0041.4%11.9%14.8%35.1%33.5%17.7%-12.8%6.1K-55.2K-2581.27129.57N/AN/A22284028