HI Options History — January 2019

In January 2019, HI traded between $37.68 and $42.82. ATM implied volatility averaged 34.5%, placing in the 24.0% IV rank vs the trailing year. The 30-day expected move averaged 9.8%. IV traded above realized volatility by 9.4% (HV 20d: 25.1%). Max pain ranged from $30.00 to $40.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 0.59.

Notable Days

  • 2019-01-29: Highest Volume — 108 contracts
  • 2019-01-30: Largest IV spike — 66.3% change
  • 2019-01-30: Highest IV Rank — 47.8%
  • 2019-01-30: Largest Expected Move — 17.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$39.91$37.68$42.82$37.72$42.28
Max Pain$39.52$30.00$40.00$30.00$40.00
ATM IV34.5%25.5%59.5%33.5%25.5%
Expected Move9.8%7.5%17.0%9.6%8.4%
HV 20d25.1%20.7%28.3%28.3%26.8%
HV 60d27.0%26.2%28.6%26.3%28.6%
IV Rank24.0%15.4%47.8%23.1%15.4%
IV Percentile73.1%45.6%96.8%74.6%45.6%
Term Structure-6.7%-31.5%10.2%-2.3%-2.6%
VWIV36.2%27.0%58.4%44.4%27.0%
Skew 25d9.8%-10.4%54.2%-10.4%1.8%
Skew 10d8.0%-54.0%41.5%-54.0%-17.4%
Call IV 25d28.4%18.9%49.2%34.7%27.2%
Put IV 25d38.2%20.7%73.1%24.3%29.0%
Bid-Ask Spread %101.5274.67124.9698.6092.69
Gamma HHI0.360.330.380.350.35
Net GEX20.3K9.7K42.9K9.7K42.9K
Net DEX-272.9K-934.7K-1.3K-1.3K-737.6K
Net VEX-3.9K-4.2K-3.6K-4.0K-3.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.590.004.000.000.29
Total Volume12.8570108140
Total OI690.095564751741697

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-01-02$37.72$30.0033.5%9.6%28.3%23.1%0.0%-10.4%-2.3%9.7K-1.3K-4.0K0.0098.60N/AN/A10490251
2019-01-03$37.68$40.0039.1%9.8%23.9%28.4%0.0%5.7%-4.1%11.9K-19.1K-4.0K0.0097.31N/AN/A10490251
2019-01-04$38.61$40.0033.0%9.6%26.1%22.6%0.0%5.2%-3.9%13.4K-120.4K-4.2K0.0085.21N/AN/A10490251
2019-01-07$38.25$40.0030.4%9.7%26.1%20.1%0.0%5.3%-3.7%11.8K-56.4K-4.0K0.0099.22N/AN/A06490251
2019-01-08$38.92$40.0034.0%7.6%27.2%23.5%0.0%10.8%10.2%11.8K-138.0K-4.0K0.0095.75N/AN/A06490251
2019-01-09$39.52$40.0039.1%11.2%27.9%28.4%44.4%9.7%-14.6%23.5K-260.4K-4.2K4.00117.24N/AN/A28490251
2019-01-10$39.66$40.0035.5%10.2%27.9%24.9%32.8%27.0%-6.4%18.2K-197.6K-4.0K2.67106.88N/AN/A38492253
2019-01-11$40.09$40.0031.4%9.0%28.0%21.0%28.2%6.1%-2.5%20.8K-288.0K-4.0K1.00104.56N/AN/A88493253
2019-01-14$39.56$40.0033.4%9.6%26.5%22.9%0.0%-2.2%-3.9%17.3K-215.1K-3.8K0.00109.00N/AN/A00498253
2019-01-15$39.78$40.0033.4%9.6%25.5%22.9%0.0%2.9%-4.2%18.7K-217.7K-3.8K0.00108.00N/AN/A00498253
2019-01-16$40.27$40.0033.9%9.7%24.6%23.4%0.0%15.0%-5.4%20.1K-286.0K-3.9K0.0095.78N/AN/A00498253
2019-01-17$40.77$40.0026.2%7.5%24.7%16.1%0.0%0.0%-5.8%21.2K-362.9K-3.9K0.00116.33N/AN/A00498253
2019-01-18$41.18$40.0029.2%8.4%22.0%18.9%0.0%8.8%-0.8%23.7K-451.9K-3.8K0.00110.99N/AN/A20498253
2019-01-22$39.69$40.0035.8%10.3%26.1%25.2%0.0%-5.4%-15.1%18.6K-189.4K-3.7K0.00102.96N/AN/A00299271
2019-01-23$40.02$40.0034.2%9.8%23.4%23.7%34.2%7.2%-2.5%21.0K-218.4K-3.8K0.0093.02N/AN/A20299271
2019-01-24$40.12$40.0033.6%9.6%23.4%23.2%33.6%13.4%-3.9%22.5K-240.2K-3.8K0.00105.19N/AN/A80299271
2019-01-25$40.13$40.0033.6%9.6%21.2%23.1%33.6%13.9%-14.6%22.9K-234.9K-3.7K0.00103.68N/AN/A150293271
2019-01-28$40.17$40.0034.4%9.9%20.7%23.9%0.0%15.8%-15.8%24.6K-232.6K-3.7K0.0074.67N/AN/A60300271
2019-01-29$40.85$40.0035.7%10.2%21.2%25.2%34.0%20.1%-6.5%26.5K-328.4K-3.7K0.0689.88N/AN/A1026306271
2019-01-30$42.82$40.0059.5%17.0%26.1%47.8%58.4%54.2%-31.5%24.8K-934.7K-3.6K0.19124.96N/AN/A316404277
2019-01-31$42.28$40.0025.5%8.4%26.8%15.4%27.0%1.8%-2.6%42.9K-737.6K-3.7K0.2992.69N/AN/A319419278