HI Options History — June 2019

In June 2019, HI traded between $37.57 and $39.70. ATM implied volatility averaged 23.9%, placing in the 11.1% IV rank vs the trailing year. The 30-day expected move averaged 6.8%. IV traded above realized volatility by 3.3% (HV 20d: 20.7%). Max pain ranged from $40.00 to $40.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 14 of 20 days. Put/call ratio averaged 0.11.

Notable Days

  • 2019-06-07: Highest Volume — 74 contracts
  • 2019-06-28: Largest IV spike — 22.7% change
  • 2019-06-03: Highest IV Rank — 17.4%
  • 2019-06-03: Largest Expected Move — 8.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$38.74$37.57$39.70$37.57$39.70
Max Pain$40.00$40.00$40.00$40.00$40.00
ATM IV23.9%19.4%30.3%30.3%23.8%
Expected Move6.8%5.5%8.7%8.7%6.8%
HV 20d20.7%16.1%28.5%25.3%19.0%
HV 60d25.0%23.0%26.7%25.8%23.9%
IV Rank11.1%6.7%17.4%17.4%11.0%
IV Percentile37.2%14.7%65.1%65.1%36.9%
Term Structure1.7%-2.3%6.8%-2.3%1.9%
VWIV24.8%21.8%27.6%27.6%21.8%
Skew 25d3.5%-6.1%16.6%5.3%-0.4%
Skew 10d6.0%-5.6%22.0%5.5%-0.3%
Call IV 25d23.1%19.1%28.4%28.4%22.9%
Put IV 25d26.6%18.9%38.0%33.7%22.5%
Bid-Ask Spread %104.9989.34120.4896.29115.99
Gamma HHI0.340.310.490.320.41
Net GEX27.0K5.3K42.1K5.3K42.1K
Net DEX-59.3K-254.2K221.5K221.5K-254.2K
Net VEX-3.8K-4.6K-3.0K-3.5K-3.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.110.001.800.000.00
Total Volume11.707425
Total OI1,3921,3431,4161,3431,398

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-06-03$37.57$40.0030.3%8.7%25.3%17.4%0.0%5.3%-2.3%5.3K221.5K-3.5K0.0096.29N/AN/A201,017326
2019-06-04$38.80$40.0024.4%7.0%28.5%11.5%0.0%6.2%6.8%16.2K52.4K-3.9K0.00120.48N/AN/A201,019326
2019-06-05$38.42$40.0024.1%6.9%23.2%11.2%0.0%-4.8%-1.5%17.7K27.0K-3.8K1.80104.85N/AN/A591,019326
2019-06-06$38.68$40.0024.3%7.0%23.4%11.5%27.6%3.9%1.6%14.9K68.0K-3.9K0.16104.25N/AN/A5691,022326
2019-06-07$38.80$40.0024.6%7.0%23.4%11.8%26.5%5.4%2.0%29.6K-142.2K-4.6K0.1497.40N/AN/A6591,074326
2019-06-10$39.11$40.0023.3%7.0%23.5%10.5%0.0%5.4%0.3%30.6K-120.7K-4.4K0.0095.66N/AN/A001,078326
2019-06-11$38.92$40.0024.0%5.5%20.2%11.2%0.0%6.1%2.4%37.0K-188.7K-4.3K0.0099.36N/AN/A201,078326
2019-06-12$38.81$40.0023.8%6.8%19.8%11.0%0.0%5.1%0.7%26.4K-54.3K-4.2K0.00102.08N/AN/A201,080326
2019-06-13$38.90$40.0024.6%7.1%19.8%11.8%0.0%6.4%-0.4%32.2K-128.4K-4.0K0.0089.34N/AN/A201,080326
2019-06-14$38.35$40.0026.5%7.6%19.7%13.7%0.0%3.8%-2.2%21.7K-4.7K-3.9K0.00109.88N/AN/A201,080326
2019-06-17$38.18$40.0025.5%7.3%19.4%12.6%0.0%4.3%-0.2%22.1K-657-3.8K0.0098.13N/AN/A101,080326
2019-06-18$38.63$40.0025.9%7.4%19.9%13.1%0.0%4.0%-0.2%26.5K-55.9K-4.0K0.00102.89N/AN/A101,080326
2019-06-19$38.68$40.0023.4%6.7%19.8%10.6%0.0%5.1%2.1%25.4K-69.3K-3.6K0.00119.41N/AN/A501,080326
2019-06-20$39.00$40.0022.3%6.4%19.9%9.5%23.2%-1.6%3.0%32.8K-133.1K-3.9K0.00115.56N/AN/A2001,084326
2019-06-21$39.26$40.0020.2%5.8%16.1%7.5%21.8%-1.4%2.7%34.0K-148.9K-3.6K0.00109.13N/AN/A2101,090326
2019-06-24$38.47$40.0021.9%6.3%17.8%9.1%0.0%-6.1%1.3%26.4K-62.7K-3.4K0.00102.91N/AN/A101,071326
2019-06-25$38.84$40.0023.7%6.8%17.6%10.8%0.0%6.9%4.0%26.2K-67.3K-3.2K0.00109.49N/AN/A501,072326
2019-06-26$38.47$40.0022.5%6.4%18.1%9.7%0.0%-0.4%5.7%32.6K-69.3K-3.2K0.00103.45N/AN/A501,072326
2019-06-27$39.13$40.0019.4%5.6%18.8%6.7%0.0%16.6%5.8%39.6K-54.3K-3.0K0.00103.30N/AN/A501,072326
2019-06-28$39.70$40.0023.8%6.8%19.0%11.0%0.0%-0.4%1.9%42.1K-254.2K-3.4K0.00115.99N/AN/A501,072326