HI Options History — December 2018

In December 2018, HI traded between $36.67 and $43.86. ATM implied volatility averaged 34.9%, placing in the 23.0% IV rank vs the trailing year. The 30-day expected move averaged 9.7%. IV traded above realized volatility by 5.8% (HV 20d: 29.1%). Max pain ranged from $30.00 to $45.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 2 of 20 days. Put/call ratio averaged 0.20.

Notable Days

  • 2018-12-28: Highest Volume — 355 contracts
  • 2018-12-21: Largest IV spike — 48.1% change
  • 2018-12-27: Highest IV Rank — 37.3%
  • 2018-12-27: Largest Expected Move — 13.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$39.64$36.67$43.86$43.86$37.83
Max Pain$44.25$30.00$45.00$45.00$30.00
ATM IV34.9%24.2%48.4%27.5%33.4%
Expected Move9.7%6.9%13.9%7.9%9.6%
HV 20d29.1%27.5%31.9%27.5%28.2%
HV 60d24.9%22.6%26.6%22.6%26.3%
IV Rank23.0%14.1%37.3%14.9%23.0%
IV Percentile76.1%46.4%92.9%61.5%74.6%
Term Structure-3.7%-17.3%6.2%-2.6%-1.0%
VWIV35.3%27.2%56.9%27.5%45.7%
Skew 25d5.0%-11.6%27.0%-7.5%7.4%
Skew 10d2.0%-26.9%40.3%-26.9%1.2%
Call IV 25d32.1%18.4%48.9%37.4%35.9%
Put IV 25d37.1%24.6%59.6%29.8%43.3%
Bid-Ask Spread %101.7287.96116.7795.5299.00
Gamma HHI0.580.340.800.480.34
Net GEX10.0K2.2K17.7K9.4K9.7K
Net DEX326.5K-49.3K531.5K334.6K-27.0K
Net VEX-1.9K-4.1K-1.3K-2.0K-4.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.200.001.000.000.00
Total Volume70.850355201
Total OI501.2391740414740

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-12-03$43.86$45.0027.5%7.9%27.5%14.9%27.5%-7.5%-2.6%9.4K334.6K-2.0K0.0095.52N/AN/A200225189
2018-12-04$41.80$45.0033.9%9.7%31.2%20.1%29.7%4.2%-4.7%9.5K501.2K-1.5K0.00101.29N/AN/A260245189
2018-12-05$41.80$45.0032.9%9.4%30.6%19.3%30.1%2.0%-7.6%8.3K531.5K-1.4K0.00103.32N/AN/A260245189
2018-12-06$41.87$45.0034.5%8.6%29.2%20.6%0.0%4.2%-2.3%9.6K504.6K-1.5K0.0094.80N/AN/A00251189
2018-12-07$41.66$45.0036.3%10.1%29.1%22.1%0.0%27.0%6.2%6.6K365.4K-1.8K0.00116.03N/AN/A210251189
2018-12-10$41.28$45.0043.2%9.1%28.6%27.8%33.4%-3.3%-2.2%8.8K511.6K-1.3K0.02101.41N/AN/A1132252189
2018-12-11$41.18$45.0038.5%8.9%28.6%23.9%31.6%5.5%-1.9%16.4K370.2K-2.6K0.0293.55N/AN/A1132365191
2018-12-12$41.60$45.0030.2%8.7%28.1%17.1%30.5%0.0%-2.5%17.7K342.5K-2.7K0.0295.50N/AN/A1142365191
2018-12-13$40.43$45.0029.1%8.3%29.2%18.8%29.1%4.0%-1.1%11.4K485.8K-2.1K0.02106.88N/AN/A1142366191
2018-12-14$39.56$45.0030.3%8.7%28.9%20.0%30.3%4.0%-3.0%10.3K476.6K-2.0K0.0287.96N/AN/A1142366191
2018-12-17$38.76$45.0028.8%8.3%29.0%18.5%0.0%9.8%-0.5%7.8K471.8K-1.8K0.0094.92N/AN/A00366178
2018-12-18$39.15$45.0029.9%8.6%29.1%19.6%27.2%11.8%-1.7%8.2K454.5K-1.8K0.0099.68N/AN/A230366174
2018-12-19$38.05$45.0034.8%10.0%28.1%24.3%56.9%23.2%-10.0%16.0K323.8K-2.0K1.00116.77N/AN/A2222386174
2018-12-20$37.73$45.0024.2%6.9%27.9%14.1%35.6%3.7%-2.9%9.1K396.4K-1.5K0.69102.41N/AN/A3222387155
2018-12-21$36.67$45.0035.8%10.3%28.9%25.2%38.3%2.1%-3.9%7.2K408.3K-1.3K0.6999.47N/AN/A3222387155
2018-12-24$36.71$45.0045.0%12.9%28.7%34.0%48.7%0.6%-6.3%10.4K-16.6K-1.3K0.52112.13N/AN/A231235041
2018-12-26$37.86$45.0034.9%10.0%31.9%24.4%0.0%1.1%0.8%10.7K-25.7K-1.4K0.0098.05N/AN/A0035041
2018-12-27$37.49$45.0048.4%13.9%29.8%37.3%0.0%11.6%-10.2%11.5K-49.3K-1.5K0.00104.13N/AN/A018035041
2018-12-28$37.52$45.0046.3%13.3%29.7%35.2%45.7%-11.6%-17.3%2.2K169.4K-2.9K0.28111.50N/AN/A27877350204
2018-12-31$37.83$30.0033.4%9.6%28.2%23.0%0.0%7.4%-1.0%9.7K-27.0K-4.1K0.0099.00N/AN/A10489251