HI Options History — October 2018

In October 2018, HI traded between $46.83 and $53.08. ATM implied volatility averaged 32.2%, placing in the 18.8% IV rank vs the trailing year. The 30-day expected move averaged 9.0%. IV traded above realized volatility by 14.6% (HV 20d: 17.7%). Max pain ranged from $45.00 to $50.00. Net GEX was positive for 22 of 23 trading days. Term structure was in contango for 6 of 23 days. Put/call ratio averaged 0.50.

Notable Days

  • 2018-10-01: Highest Volume — 408 contracts
  • 2018-10-26: Largest IV spike — 147.1% change
  • 2018-10-29: Highest IV Rank — 44.1%
  • 2018-10-29: Largest Expected Move — 18.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$50.15$46.83$53.08$52.13$47.99
Max Pain$49.35$45.00$50.00$45.00$50.00
ATM IV32.2%14.4%63.0%20.4%57.1%
Expected Move9.0%4.1%18.1%5.9%16.4%
HV 20d17.7%12.9%24.7%12.9%23.6%
HV 60d18.3%16.8%19.9%17.7%17.9%
IV Rank18.8%4.1%44.1%9.1%39.2%
IV Percentile59.5%4.0%98.4%26.6%94.8%
Term Structure-6.0%-27.7%17.8%-7.4%-22.8%
VWIV31.5%16.8%50.1%20.9%50.1%
Skew 25d14.4%-10.8%68.5%11.0%68.0%
Skew 10d16.1%-10.2%88.8%10.8%63.0%
Call IV 25d28.2%11.1%52.3%11.1%24.1%
Put IV 25d42.7%19.8%95.8%22.1%92.1%
Bid-Ask Spread %106.2374.46126.3798.93124.86
Gamma HHI0.360.320.400.340.38
Net GEX7.2K-2.6K13.6K12.2K4.5K
Net DEX-429.5K-806.3K-60.2K-734.9K-190.7K
Net VEX-2.6K-3.1K-1.8K-2.0K-2.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.500.200.660.200.66
Total Volume323.565284408408298
Total OI358.87310397310367

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-10-01$52.13$45.0020.4%5.9%12.9%9.1%20.9%11.0%-7.4%12.2K-734.9K-2.0K0.2098.93N/AN/A3406822684
2018-10-02$52.22$45.0017.0%4.9%12.9%6.3%21.0%6.7%-1.0%11.6K-738.6K-2.0K0.2095.87N/AN/A3356822684
2018-10-03$53.08$45.0014.4%4.1%14.0%4.1%16.8%4.2%5.9%13.1K-806.3K-1.8K0.3197.52N/AN/A2166822684
2018-10-04$52.53$50.0016.7%4.9%14.4%6.0%29.7%15.6%-3.5%13.6K-762.3K-1.9K0.3174.46N/AN/A2166823984
2018-10-05$51.95$50.0017.9%7.2%14.7%7.0%22.4%1.9%-6.6%12.3K-709.4K-2.0K0.3189.51N/AN/A2166823984
2018-10-08$52.39$50.0035.9%5.4%14.9%21.8%22.1%5.9%5.2%11.5K-769.8K-1.8K0.3195.10N/AN/A2166823984
2018-10-09$52.17$50.0030.4%5.5%14.8%17.3%21.3%2.3%4.3%11.9K-737.8K-1.9K0.3194.24N/AN/A2166823984
2018-10-10$51.28$50.0027.4%7.9%16.2%14.8%29.6%-8.8%-10.4%12.8K-661.5K-2.0K0.66121.29N/AN/A21614223984
2018-10-11$50.39$50.0021.5%6.2%15.6%10.0%26.3%-10.8%6.2%7.5K-418.4K-3.1K0.57125.02N/AN/A216124239158
2018-10-12$49.67$50.0021.3%6.1%15.0%9.8%24.6%0.6%-1.2%3.3K-342.1K-3.1K0.60126.37N/AN/A207124239157
2018-10-15$50.15$50.0034.4%9.9%15.7%20.5%36.4%14.1%-13.0%7.9K-383.5K-3.1K0.60103.67N/AN/A207124240157
2018-10-16$51.14$50.0028.6%8.2%17.3%15.8%30.3%-4.9%-5.3%2.0K-477.2K-3.0K0.60100.11N/AN/A207124240157
2018-10-17$51.02$50.0037.3%10.7%17.0%22.9%39.8%9.4%-11.3%3.1K-468.4K-2.9K0.60116.81N/AN/A207124240157
2018-10-18$50.52$50.0032.6%9.4%17.0%19.1%31.5%3.4%-11.6%7.1K-414.4K-3.0K0.6090.84N/AN/A207124240157
2018-10-19$49.56$50.0038.9%11.1%18.0%24.2%39.2%15.1%-13.8%3.4K-312.0K-3.0K0.59124.25N/AN/A209124240157
2018-10-22$49.98$50.0031.9%9.2%18.4%18.5%31.4%1.3%-9.5%-2.6K-304.7K-2.9K0.5884.80N/AN/A203118213149
2018-10-23$48.47$50.0028.6%8.2%20.8%15.8%29.4%3.2%-0.9%306-174.2K-3.0K0.5890.98N/AN/A203118218149
2018-10-24$47.18$50.0029.2%8.4%22.4%16.3%40.1%13.4%2.4%4.1K-120.9K-3.0K0.59119.26N/AN/A199118218149
2018-10-25$47.35$50.0023.1%6.6%22.6%11.3%43.1%-4.3%17.8%5.7K-60.2K-2.9K0.59112.16N/AN/A199118218149
2018-10-26$47.23$50.0057.0%16.3%21.8%39.1%29.2%53.6%-18.3%6.0K-63.1K-2.9K0.59116.78N/AN/A199118218149
2018-10-29$46.83$50.0063.0%18.1%21.9%44.1%40.4%62.2%-16.0%7.2K-84.0K-2.9K0.59119.98N/AN/A199118218149
2018-10-30$48.15$50.0057.1%16.4%24.7%39.2%47.8%68.5%-27.7%6.1K-144.6K-2.9K0.59120.44N/AN/A199118218149
2018-10-31$47.99$50.0057.1%16.4%23.6%39.2%50.1%68.0%-22.8%4.5K-190.7K-2.8K0.66124.86N/AN/A180118218149