HI Options History — October 2020

In October 2020, HI traded between $28.47 and $31.68. ATM implied volatility averaged 44.8%, placing in the 21.1% IV rank vs the trailing year. The 30-day expected move averaged 12.9%. IV traded above realized volatility by 13.7% (HV 20d: 31.1%). Max pain ranged from $25.00 to $30.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 3.03.

Notable Days

  • 2020-10-28: Highest Volume — 123 contracts
  • 2020-10-28: Largest IV spike — 130.0% change
  • 2020-10-28: Highest IV Rank — 42.0%
  • 2020-10-28: Largest Expected Move — 21.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$30.65$28.47$31.68$28.47$29.02
Max Pain$25.45$25.00$30.00$30.00$25.00
ATM IV44.8%22.8%74.9%41.9%54.9%
Expected Move12.9%8.0%21.5%12.0%15.7%
HV 20d31.1%22.1%39.0%36.3%26.7%
HV 60d32.7%29.6%34.7%34.7%29.6%
IV Rank21.1%5.9%42.0%19.1%28.1%
IV Percentile46.7%6.0%79.4%47.6%65.1%
Term Structure-1.5%-36.7%24.2%-8.6%1.3%
VWIV42.7%26.5%84.0%36.6%47.2%
Skew 25d6.4%-26.3%33.9%0.6%1.5%
Skew 10d1.9%-60.8%55.1%-2.7%2.8%
Call IV 25d42.5%22.8%70.9%36.5%48.4%
Put IV 25d48.9%30.3%79.2%37.2%50.0%
Bid-Ask Spread %121.0189.64135.98114.80125.27
Gamma HHI0.320.290.410.300.30
Net GEX30.1K24.6K41.6K25.0K24.6K
Net DEX-1.2M-1.9M-453.3K-453.3K-604.3K
Net VEX-7.4K-8.5K-6.1K-7.7K-7.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.030.0031.0031.000.03
Total Volume33.3180123640
Total OI1,9181,2772,4702,4071,495

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-10-01$28.47$30.0041.9%12.0%36.3%19.1%36.6%0.6%-8.6%25.0K-453.3K-7.7K31.00114.80N/AN/A2621,497910
2020-10-02$29.19$30.0047.3%13.6%36.4%22.9%49.4%-0.8%-4.0%25.8K-560.0K-8.3K0.0489.64N/AN/A2411,498972
2020-10-05$30.26$25.0047.2%9.7%39.0%22.8%33.8%15.5%11.6%31.5K-1.0M-8.4K0.21126.33N/AN/A1431,477973
2020-10-06$30.91$25.0049.9%9.2%38.5%24.7%30.7%1.0%11.7%31.7K-1.4M-8.5K0.02131.56N/AN/A5411,464975
2020-10-07$31.38$25.0027.6%8.0%38.8%9.2%0.0%-20.6%14.2%26.9K-1.8M-7.9K2.29135.98N/AN/A24551,448974
2020-10-08$31.35$25.0047.7%8.0%38.0%23.1%0.0%-26.3%16.6%41.6K-1.8M-8.3K0.00129.04N/AN/A1601,448922
2020-10-09$31.02$25.0022.8%15.6%37.9%5.9%0.0%2.0%-9.0%25.7K-1.6M-7.5K0.00133.83N/AN/A101,436922
2020-10-12$31.12$25.0031.4%12.1%37.9%11.8%0.0%17.0%2.2%30.1K-1.7M-7.5K0.07134.71N/AN/A1411,436921
2020-10-13$31.24$25.0047.4%16.0%34.8%22.9%0.0%20.6%-9.3%29.1K-1.7M-7.5K0.02126.15N/AN/A4411,440922
2020-10-14$30.91$25.0062.9%18.0%35.2%33.7%31.4%33.9%-22.4%25.1K-1.5M-7.5K0.00120.92N/AN/A201,422923
2020-10-15$31.48$25.0057.7%16.5%33.7%30.1%49.4%-6.7%2.8%28.3K-1.8M-7.5K0.05114.32N/AN/A7341,422923
2020-10-16$31.48$25.0040.5%11.6%33.4%18.1%0.0%-4.5%1.3%31.6K-1.9M-7.3K0.00116.54N/AN/A4501,414925
2020-10-19$31.44$25.0049.8%14.3%22.2%24.6%26.5%17.3%-18.4%31.9K-1.1M-7.1K0.05126.28N/AN/A382927350
2020-10-20$31.68$25.0044.8%12.8%22.1%21.1%28.0%24.9%7.7%31.6K-1.1M-6.7K0.00120.71N/AN/A140951352
2020-10-21$30.98$25.0031.4%9.0%24.1%11.9%43.0%-5.7%-9.3%36.4K-963.5K-6.9K0.00110.48N/AN/A110955352
2020-10-22$31.30$25.0034.7%10.0%24.1%14.1%39.2%18.2%-2.4%32.0K-1.0M-6.9K3.00117.84N/AN/A13966352
2020-10-23$31.41$25.0055.1%15.8%24.1%28.3%35.5%16.4%-36.7%31.1K-1.1M-6.9K0.20126.26N/AN/A51966355
2020-10-26$30.78$25.0034.3%9.8%23.0%13.8%84.0%13.2%19.3%34.5K-882.7K-6.8K0.03112.02N/AN/A311966356
2020-10-27$30.21$25.0032.6%9.3%24.2%12.6%63.3%12.9%24.2%35.3K-750.2K-6.1K0.00111.71N/AN/A02997357
2020-10-28$29.26$25.0074.9%21.5%27.3%42.0%0.0%-16.1%-21.0%25.9K-713.5K-6.7K23.60131.71N/AN/A5118997359
2020-10-29$29.51$25.0049.5%14.2%27.4%24.4%47.2%26.9%-5.5%26.0K-477.3K-7.4K0.03106.09N/AN/A5821,002477
2020-10-30$29.02$25.0054.9%15.7%26.7%28.1%0.0%1.5%1.3%24.6K-604.3K-7.5K0.00125.27N/AN/A001,016479