HI Options History — December 2017

In December 2017, HI traded between $44.30 and $46.10. ATM implied volatility averaged 35.6%, placing in the 23.6% IV rank vs the trailing year. The 30-day expected move averaged 6.6%. IV traded above realized volatility by 5.3% (HV 20d: 30.2%). Max pain ranged from $35.00 to $45.00. Net GEX was positive for 3 of 20 trading days. Term structure was in contango for 18 of 20 days. Put/call ratio averaged 5.05.

Notable Days

  • 2017-12-12: Highest Volume — 223 contracts
  • 2017-12-22: Largest IV spike — 146.4% change
  • 2017-12-12: Highest IV Rank — 100.0%
  • 2017-12-01: Largest Expected Move — 17.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$45.04$44.30$46.10$44.75$44.80
Max Pain$43.75$35.00$45.00$40.00$45.00
ATM IV35.6%16.5%131.2%61.9%20.5%
Expected Move6.6%4.7%17.7%17.7%5.9%
HV 20d30.2%16.9%41.9%40.9%16.9%
HV 60d26.6%25.9%26.9%25.9%26.5%
IV Rank23.6%3.1%100.0%60.1%6.5%
IV Percentile45.2%4.0%100.0%96.4%19.4%
Term Structure4.1%-35.3%19.2%-35.3%6.8%
VWIV23.0%16.7%56.7%56.7%20.4%
Skew 25d1.2%-16.5%19.0%19.0%1.7%
Skew 10d6.2%-33.6%72.0%52.6%2.7%
Call IV 25d22.1%14.8%36.8%29.1%18.3%
Put IV 25d23.2%18.5%48.1%48.1%20.0%
Bid-Ask Spread %111.0367.16127.54125.95102.02
Gamma HHI0.780.430.900.730.84
Net GEX-4.8K-14.6K22.8K17.3K-12.3K
Net DEX-167.7K-440.7K-40.4K-367.4K-92.4K
Net VEX-1.9K-2.2K-1.5K-1.5K-1.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio5.050.5115.400.567.40
Total Volume187.45128223133168
Total OI304.25209337209324

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-12-01$44.75$40.0061.9%17.7%40.9%60.1%56.7%19.0%-35.3%17.3K-367.4K-1.5K0.56125.95N/AN/A854816049
2017-12-04$44.85$35.0041.3%5.1%40.8%34.9%23.6%2.4%1.1%22.8K-385.2K-1.5K0.51111.95N/AN/A854316049
2017-12-05$46.10$35.0022.5%5.9%41.5%11.9%20.6%4.1%2.9%18.6K-440.7K-1.5K2.2267.16N/AN/A6414216059
2017-12-06$45.55$45.0025.6%6.3%41.9%15.7%22.1%5.2%0.5%-4.6K-212.3K-2.2K2.2298.52N/AN/A64142160158
2017-12-07$45.73$45.0038.5%5.8%41.7%31.5%20.4%3.6%3.4%-6.1K-231.0K-2.2K2.23118.73N/AN/A64143160158
2017-12-08$45.45$45.0067.8%5.8%40.2%67.3%20.3%2.8%3.7%-6.3K-202.1K-2.1K2.23117.05N/AN/A64143160159
2017-12-11$45.10$45.0060.4%4.8%40.5%58.3%16.8%7.0%4.6%-9.6K-145.9K-2.1K2.23113.74N/AN/A64143160159
2017-12-12$44.30$45.00131.2%5.5%41.4%100.0%19.9%-5.7%4.2%-6.5K-40.4K-2.1K2.48103.23N/AN/A64159160159
2017-12-13$44.68$45.0016.5%4.7%41.4%3.1%16.7%-12.3%5.9%-10.7K-93.0K-2.1K2.48116.59N/AN/A64159160175
2017-12-14$44.45$45.0019.2%5.5%40.9%5.4%19.4%-16.5%2.5%-7.5K-59.6K-2.0K2.48119.46N/AN/A64159160175
2017-12-15$44.50$45.0017.2%4.9%21.4%3.8%17.3%1.5%5.2%-11.7K-118.1K-2.0K2.48120.17N/AN/A64159162175
2017-12-18$44.98$45.0021.0%6.0%20.5%7.0%21.0%2.4%9.7%-9.1K-111.9K-2.0K2.80111.00N/AN/A55154141169
2017-12-19$44.88$45.0020.3%5.8%20.2%6.3%20.3%1.2%11.5%-9.9K-76.7K-2.0K15.40112.30N/AN/A10154141169
2017-12-20$45.35$45.0019.4%5.6%19.9%5.6%19.4%2.9%8.1%-10.7K-163.9K-1.9K15.40121.20N/AN/A10154141169
2017-12-21$45.25$45.0020.1%5.7%20.0%6.1%20.2%-5.2%7.9%-10.7K-147.7K-1.9K7.70115.05N/AN/A20154141169
2017-12-22$44.95$45.0049.4%14.2%20.2%30.9%47.4%0.9%-4.2%-2.1K-89.4K-2.1K7.70127.54N/AN/A20154151169
2017-12-26$44.93$45.0020.9%6.0%18.5%6.9%20.8%3.0%5.0%-10.7K-120.2K-1.8K7.70101.40N/AN/A20154151169
2017-12-27$45.05$45.0019.6%5.6%18.2%5.7%19.5%2.7%18.9%-12.1K-114.9K-1.8K7.40118.28N/AN/A20148151169
2017-12-28$45.13$45.0017.9%5.1%17.8%4.3%17.8%3.0%19.2%-14.6K-141.4K-1.8K7.4099.19N/AN/A20148151173
2017-12-29$44.80$45.0020.5%5.9%16.9%6.5%20.4%1.7%6.8%-12.3K-92.4K-1.8K7.40102.02N/AN/A20148151173