HI Options History — May 2019

In May 2019, HI traded between $37.10 and $42.65. ATM implied volatility averaged 30.7%, placing in the 19.4% IV rank vs the trailing year. The 30-day expected move averaged 7.7%. IV traded above realized volatility by 1.1% (HV 20d: 29.6%). Max pain ranged from $40.00 to $45.00. Net GEX was positive for 20 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 0.44.

Notable Days

  • 2019-05-14: Highest Volume — 184 contracts
  • 2019-05-10: Largest IV spike — 96.2% change
  • 2019-05-10: Highest IV Rank — 52.8%
  • 2019-05-09: Largest Expected Move — 10.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$39.12$37.10$42.65$42.65$37.23
Max Pain$42.95$40.00$45.00$40.00$40.00
ATM IV30.7%19.4%64.7%23.3%32.7%
Expected Move7.7%5.6%10.2%6.7%9.4%
HV 20d29.6%15.1%32.8%15.1%27.7%
HV 60d24.6%19.6%25.8%19.6%25.7%
IV Rank19.4%6.6%52.8%13.3%19.7%
IV Percentile57.8%17.1%98.8%39.3%70.6%
Term Structure-1.2%-14.8%18.5%0.4%-14.8%
VWIV26.6%20.6%34.3%24.5%27.4%
Skew 25d3.9%-14.9%18.7%0.7%3.8%
Skew 10d5.6%-41.1%63.9%-0.5%3.6%
Call IV 25d24.9%15.3%42.6%23.9%28.1%
Put IV 25d28.8%20.8%35.1%24.6%31.9%
Bid-Ask Spread %105.3379.26131.9196.3987.00
Gamma HHI0.390.330.590.590.35
Net GEX22.2K-3.8K69.3K69.3K-1.1K
Net DEX-88.8K-998.5K355.1K-998.5K321.1K
Net VEX-5.1K-8.7K-3.1K-8.7K-3.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.440.001.330.000.00
Total Volume15.50184215
Total OI1,314.2271,3021,3431,3071,343

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-05-01$42.65$40.0023.3%6.7%15.1%13.3%0.0%0.7%0.4%69.3K-998.5K-8.7K0.0096.39N/AN/A201,000307
2019-05-02$40.52$40.0022.5%6.5%23.7%12.6%24.5%1.6%18.5%37.0K-356.4K-6.4K0.50123.17N/AN/A211,000307
2019-05-03$41.71$40.0028.3%8.1%25.8%18.1%34.3%9.8%-5.7%48.4K-599.5K-7.2K1.00121.37N/AN/A221,000308
2019-05-06$41.82$45.0026.8%7.9%25.5%16.6%0.0%8.4%-3.4%49.2K-577.5K-6.6K0.00115.24N/AN/A001,000308
2019-05-07$39.83$45.0038.0%7.6%30.6%27.3%0.0%3.9%-4.3%30.4K-235.3K-6.0K0.50119.30N/AN/A211,000308
2019-05-08$39.78$45.0020.6%6.3%30.1%10.8%0.0%-2.5%-4.1%31.7K-238.3K-5.6K0.50120.84N/AN/A21999307
2019-05-09$39.86$45.0033.0%10.2%29.5%22.5%0.0%5.2%7.4%26.7K-156.6K-5.3K0.50127.54N/AN/A21999307
2019-05-10$39.51$45.0064.7%8.8%29.5%52.8%0.0%-5.9%-8.2%23.3K-104.3K-5.5K0.00117.99N/AN/A00998307
2019-05-13$38.23$45.0035.7%6.5%30.9%25.1%0.0%2.3%-2.8%14.8K49.9K-4.8K0.0098.12N/AN/A00998307
2019-05-14$38.69$45.0056.4%7.1%31.5%44.9%29.7%3.9%-2.1%15.6K23.8K-4.9K1.33100.42N/AN/A79105998307
2019-05-15$38.77$45.0023.4%6.7%31.2%13.4%0.0%9.5%5.0%16.5K4.3K-4.9K0.00110.40N/AN/A00998307
2019-05-16$39.33$45.0032.9%9.4%32.0%22.4%0.0%2.2%-12.9%28.8K-182.9K-5.6K0.00121.88N/AN/A10998307
2019-05-17$38.91$45.0029.2%8.4%32.1%18.9%0.0%-14.9%6.7%21.1K-47.2K-5.1K0.00131.91N/AN/A10998307
2019-05-20$38.97$45.0025.4%7.3%32.1%15.3%0.0%5.7%-1.0%19.3K-36.5K-4.8K0.0092.69N/AN/A00996306
2019-05-21$39.17$45.0023.2%6.6%31.8%10.4%0.0%5.9%0.2%22.1K-74.5K-4.9K0.0084.35N/AN/A00996306
2019-05-22$38.86$45.0019.4%5.6%31.7%6.6%20.6%6.0%4.8%20.7K-54.7K-4.9K0.0088.47N/AN/A150996306
2019-05-23$37.66$40.0022.2%6.4%32.8%9.4%23.9%5.1%2.2%9.2K167.6K-4.2K1.2593.55N/AN/A16201,011306
2019-05-24$37.43$40.0031.9%9.2%32.5%19.0%24.5%5.3%-4.1%4.5K233.4K-3.8K0.9586.30N/AN/A21201,012326
2019-05-28$37.13$40.0030.6%8.8%31.8%17.7%0.0%18.7%-6.9%1.3K289.1K-3.5K0.00104.12N/AN/A001,017326
2019-05-29$37.10$40.0027.3%7.8%31.8%14.4%27.4%5.0%4.5%-3.8K355.1K-3.1K0.0079.26N/AN/A1501,017326
2019-05-30$37.41$40.0028.5%8.2%32.3%15.6%27.1%5.6%-6.0%3.0K264.6K-3.6K0.0097.00N/AN/A1501,017326
2019-05-31$37.23$40.0032.7%9.4%27.7%19.7%27.4%3.8%-14.8%-1.1K321.1K-3.2K0.0087.00N/AN/A1501,017326