HI Options History — June 2018

In June 2018, HI traded between $46.28 and $47.75. ATM implied volatility averaged 27.2%, placing in the 14.7% IV rank vs the trailing year. The 30-day expected move averaged 5.9%. IV traded above realized volatility by 12.5% (HV 20d: 14.7%). Max pain ranged from $45.00 to $45.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 0.40.

Notable Days

  • 2018-06-12: Highest Volume — 320 contracts
  • 2018-06-26: Largest IV spike — 134.9% change
  • 2018-06-11: Highest IV Rank — 48.1%
  • 2018-06-26: Largest Expected Move — 12.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$47.19$46.28$47.75$46.90$47.13
Max Pain$45.00$45.00$45.00$45.00$45.00
ATM IV27.2%13.5%68.0%23.4%16.8%
Expected Move5.9%3.9%12.4%6.7%4.8%
HV 20d14.7%12.4%18.0%17.8%12.9%
HV 60d21.9%20.0%23.9%23.8%20.1%
IV Rank14.7%3.3%48.1%11.5%6.1%
IV Percentile41.6%1.6%97.2%47.2%6.3%
Term Structure1.2%-19.7%11.5%-2.4%0.2%
VWIV20.2%14.9%28.8%23.9%21.5%
Skew 25d-3.1%-29.2%7.6%-7.7%-14.5%
Skew 10d1.7%-25.1%83.1%5.0%-22.2%
Call IV 25d23.1%10.7%52.1%30.9%36.1%
Put IV 25d19.9%15.6%26.9%23.1%21.6%
Bid-Ask Spread %101.4448.37129.20106.7996.17
Gamma HHI0.560.490.620.490.58
Net GEX42.0K21.7K71.1K58.2K27.0K
Net DEX-739.7K-1.1M-539.8K-702.4K-608.1K
Net VEX-2.1K-2.8K-1.4K-1.8K-2.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.400.120.930.870.24
Total Volume166.7625432056170
Total OI456.429400623465409

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-06-01$46.90$45.0023.4%6.7%17.8%11.5%23.9%-7.7%-2.4%58.2K-702.4K-1.8K0.87106.79N/AN/A302636897
2018-06-04$47.45$45.0035.8%4.1%18.0%21.7%14.9%-3.3%9.7%59.7K-783.5K-1.8K0.87104.42N/AN/A302636897
2018-06-05$47.33$45.0032.9%6.4%16.8%19.3%23.1%0.1%-3.5%58.6K-749.6K-1.7K0.87110.86N/AN/A302636897
2018-06-06$47.43$45.0018.2%6.6%16.0%7.3%28.8%-2.3%0.4%44.7K-910.7K-1.6K0.87114.83N/AN/A302636897
2018-06-07$47.50$45.0039.0%4.8%14.8%24.3%19.9%-10.4%7.7%57.4K-780.6K-1.7K0.93114.33N/AN/A282636897
2018-06-08$47.50$45.0030.0%4.9%14.8%16.9%15.5%2.0%8.2%59.6K-791.9K-1.6K0.93112.64N/AN/A282636897
2018-06-11$47.68$45.0068.0%6.0%14.8%48.1%18.8%-2.9%-2.7%53.5K-839.9K-1.4K0.12112.00N/AN/A1852236897
2018-06-12$47.13$45.0043.0%4.2%15.4%27.6%16.2%-5.2%8.8%42.1K-651.6K-1.4K0.14112.13N/AN/A2813935397
2018-06-13$46.65$45.0015.1%4.3%15.9%4.7%18.9%-24.1%7.1%38.3K-902.9K-2.7K0.14129.20N/AN/A28139473115
2018-06-14$46.33$45.0020.4%5.9%13.9%9.1%19.6%7.6%0.5%71.1K-946.1K-2.8K0.1496.53N/AN/A27839508115
2018-06-15$46.28$45.0019.9%5.7%13.7%8.6%19.5%7.5%1.5%21.7K-1.1M-2.6K0.1485.22N/AN/A27839508115
2018-06-18$46.73$45.0016.3%4.7%14.2%5.6%16.2%6.9%-1.0%23.1K-539.8K-2.3K0.24106.58N/AN/A13633295105
2018-06-19$47.15$45.0019.4%5.5%14.2%8.2%19.4%2.7%7.7%30.9K-617.0K-2.3K0.2493.32N/AN/A13633295105
2018-06-20$47.75$45.0013.5%3.9%15.0%3.3%17.7%2.8%6.0%37.4K-704.8K-2.2K0.2448.37N/AN/A13633295105
2018-06-21$47.20$45.0026.7%7.6%14.2%14.2%19.3%-2.4%-16.8%30.2K-618.9K-2.2K0.24107.37N/AN/A13533295105
2018-06-22$47.28$45.0021.1%6.1%14.0%9.6%20.6%3.1%4.2%31.8K-632.0K-2.4K0.2448.73N/AN/A13533302105
2018-06-25$47.43$45.0018.4%5.3%13.6%7.4%20.8%-1.3%10.8%32.1K-648.5K-2.3K0.2483.83N/AN/A13533302105
2018-06-26$47.68$45.0043.1%12.4%13.1%27.7%27.5%-29.2%-19.7%36.2K-693.6K-2.2K0.24115.75N/AN/A13533302105
2018-06-27$47.60$45.0018.8%5.4%12.4%7.7%15.7%0.3%11.5%35.9K-694.7K-2.0K0.24113.79N/AN/A13733302105
2018-06-28$46.85$45.0032.1%9.2%12.9%18.6%26.9%4.2%-11.9%31.8K-602.0K-2.3K0.24117.37N/AN/A13733304105
2018-06-29$47.13$45.0016.8%4.8%12.9%6.1%21.5%-14.5%0.2%27.0K-608.1K-2.1K0.2496.17N/AN/A13733304105