HI Options History — July 2018

In July 2018, HI traded between $47.40 and $50.38. ATM implied volatility averaged 30.5%, placing in the 17.4% IV rank vs the trailing year. The 30-day expected move averaged 7.8%. IV traded above realized volatility by 17.1% (HV 20d: 13.5%). Max pain ranged from $45.00 to $55.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 0.15.

Notable Days

  • 2018-07-20: Highest Volume — 182 contracts
  • 2018-07-05: Largest IV spike — 119.8% change
  • 2018-07-05: Highest IV Rank — 41.9%
  • 2018-07-13: Largest Expected Move — 11.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$48.91$47.40$50.38$47.48$50.38
Max Pain$50.71$45.00$55.00$45.00$45.00
ATM IV30.5%19.1%60.4%19.1%26.7%
Expected Move7.8%5.3%11.6%5.5%7.6%
HV 20d13.5%12.4%17.4%12.5%17.4%
HV 60d18.0%15.1%19.8%19.8%16.1%
IV Rank17.4%8.0%41.9%8.0%14.2%
IV Percentile57.7%12.7%93.7%12.7%58.7%
Term Structure-7.7%-24.8%9.1%0.5%-11.4%
VWIV34.0%14.0%57.8%24.1%24.5%
Skew 25d8.0%-25.5%59.5%-14.6%2.6%
Skew 10d8.0%-32.1%75.5%-9.4%2.8%
Call IV 25d32.4%17.8%56.0%36.2%36.6%
Put IV 25d40.3%21.6%86.7%21.6%39.2%
Bid-Ask Spread %107.1173.66124.27102.36122.68
Gamma HHI0.570.470.660.600.47
Net GEX32.5K18.3K48.9K33.6K21.3K
Net DEX-760.0K-957.1K-594.9K-671.2K-684.5K
Net VEX-1.5K-2.1K-1.1K-2.0K-1.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.150.090.240.240.09
Total Volume161.381152182170157
Total OI334.857191409409200

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-07-02$47.48$45.0019.1%5.5%12.5%8.0%24.1%-14.6%0.5%33.6K-671.2K-2.0K0.24102.36N/AN/A13733304105
2018-07-03$47.40$45.0027.5%7.9%12.4%14.9%28.0%-25.5%-11.8%33.1K-644.8K-2.0K0.24116.30N/AN/A13733304105
2018-07-05$47.88$55.0060.4%10.8%12.9%41.9%52.0%-14.2%-20.6%39.1K-733.4K-2.0K0.24124.27N/AN/A13733304105
2018-07-06$47.95$55.0041.1%9.5%12.9%26.0%26.1%10.5%-19.5%34.8K-738.2K-2.1K0.24123.56N/AN/A13733304105
2018-07-09$48.45$55.0027.0%7.1%13.4%14.5%46.6%-5.6%-3.9%44.6K-821.7K-1.8K0.2491.63N/AN/A13733304100
2018-07-10$48.00$55.0057.8%5.3%13.8%39.8%36.4%-0.5%-2.1%36.0K-800.7K-1.9K0.2491.63N/AN/A13733304100
2018-07-11$48.43$55.0023.5%6.7%13.4%11.6%36.0%10.3%-2.9%41.5K-903.6K-1.8K0.24100.67N/AN/A13733304100
2018-07-12$48.98$55.0024.8%7.1%13.1%12.6%14.0%8.3%-4.0%48.9K-896.5K-1.7K0.1294.89N/AN/A13716304100
2018-07-13$49.25$55.0040.5%11.6%12.6%25.6%56.3%7.3%-22.9%31.7K-835.3K-1.9K0.12120.22N/AN/A13716304101
2018-07-16$48.63$55.0024.5%7.0%13.8%12.4%57.8%-9.5%-3.6%35.8K-852.4K-1.5K0.1173.66N/AN/A14016304101
2018-07-17$49.30$55.0025.9%7.4%14.1%13.5%14.6%9.0%-5.1%43.7K-905.6K-1.5K0.11102.87N/AN/A14016299101
2018-07-18$49.45$55.0027.0%7.7%13.9%14.5%25.5%14.3%-6.7%42.1K-950.2K-1.4K0.11106.06N/AN/A14016299101
2018-07-19$49.45$55.0027.8%8.0%13.4%15.1%40.8%6.7%-1.4%48.2K-957.1K-1.3K0.11119.07N/AN/A14016299101
2018-07-20$49.60$55.0019.2%5.5%12.4%8.1%22.3%-6.1%0.9%18.3K-785.8K-1.1K0.10114.42N/AN/A16616299101
2018-07-23$49.35$45.0020.1%5.8%12.7%8.8%26.3%19.9%9.1%21.3K-626.6K-1.2K0.09114.65N/AN/A1391317417
2018-07-24$49.23$45.0020.8%6.0%12.8%9.4%20.6%59.5%1.0%22.1K-594.9K-1.2K0.09108.87N/AN/A1391317517
2018-07-25$49.45$45.0036.3%10.4%12.8%22.1%49.0%32.4%-24.8%20.7K-629.2K-1.1K0.09108.79N/AN/A1421317517
2018-07-26$50.25$45.0034.1%9.8%13.7%20.3%39.8%16.7%-14.4%19.5K-667.6K-1.2K0.0999.85N/AN/A1441317817
2018-07-27$49.35$45.0032.8%9.4%14.1%19.3%44.3%33.4%-13.2%22.1K-654.1K-1.2K0.09115.10N/AN/A1441318317
2018-07-30$48.93$45.0024.4%7.0%14.6%12.4%28.6%12.7%-6.0%23.3K-606.6K-1.2K0.0997.76N/AN/A1441318317
2018-07-31$50.38$45.0026.7%7.6%17.4%14.2%24.5%2.6%-11.4%21.3K-684.5K-1.1K0.09122.68N/AN/A1441318317