HI Options History — June 2021

In June 2021, HI traded between $41.06 and $46.77. ATM implied volatility averaged 34.1%, placing in the 9.2% IV rank vs the trailing year. The 30-day expected move averaged 9.6%. IV traded above realized volatility by 2.2% (HV 20d: 31.9%). Max pain ranged from $45.00 to $45.00. Net GEX was positive for 3 of 22 trading days. Term structure was in contango for 13 of 22 days. Put/call ratio averaged 13.47.

Notable Days

  • 2021-06-15: Highest Volume — 1,020 contracts
  • 2021-06-28: Largest IV spike — 125.3% change
  • 2021-06-28: Highest IV Rank — 29.3%
  • 2021-06-28: Largest Expected Move — 16.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$44.27$41.06$46.77$46.77$44.18
Max Pain$45.00$45.00$45.00$45.00$45.00
ATM IV34.1%25.5%58.7%34.3%25.5%
Expected Move9.6%7.3%16.8%9.8%7.3%
HV 20d31.9%24.1%41.7%40.0%30.2%
HV 60d33.6%32.6%34.1%33.4%33.1%
IV Rank9.2%2.2%29.3%9.4%2.2%
IV Percentile22.6%0.8%90.9%19.4%0.8%
Term Structure0.1%-27.9%18.9%-0.6%18.9%
VWIV32.2%24.7%38.8%34.3%34.3%
Skew 25d8.5%-5.4%44.4%23.3%44.4%
Skew 10d11.4%-44.0%66.8%66.8%56.4%
Call IV 25d29.3%20.9%41.9%26.5%27.4%
Put IV 25d37.8%25.8%71.8%49.8%71.8%
Bid-Ask Spread %105.9194.00117.54107.0299.18
Gamma HHI0.570.390.790.570.79
Net GEX-86.5K-188.8K45.7K45.7K-134.5K
Net DEX345.0K-1.2M1.6M-1.2M877.3K
Net VEX-5.3K-6.4K-3.6K-3.9K-5.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio13.470.00126.000.000.00
Total Volume105.72711,020111
Total OI1,352.1828071,5708071,570

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-06-01$46.77$45.0034.3%9.8%40.0%9.4%34.3%23.3%-0.6%45.7K-1.2M-3.9K0.00107.02N/AN/A110638169
2021-06-02$45.10$45.0028.4%8.1%41.7%4.6%28.2%-3.0%2.1%29.7K-924.6K-3.8K0.33112.89N/AN/A124640169
2021-06-03$45.32$45.0038.9%8.6%33.2%13.2%26.9%6.8%3.5%33.8K-949.8K-3.6K55.89105.47N/AN/A9503641171
2021-06-04$45.71$45.0032.0%9.0%33.0%7.5%0.0%7.6%2.2%-116.2K-119.4K-5.4K0.00103.44N/AN/A010649673
2021-06-07$45.49$45.0028.9%8.9%32.6%5.0%30.2%5.6%2.7%-154.0K-37.1K-5.2K0.71102.76N/AN/A1410649673
2021-06-08$45.99$45.0035.0%9.4%32.2%9.9%25.0%4.2%1.0%-135.7K-314.6K-5.2K0.03106.56N/AN/A401652668
2021-06-09$45.72$45.0034.4%9.9%31.8%9.5%33.0%5.9%-3.0%-124.9K-199.5K-5.4K0.00105.92N/AN/A120685669
2021-06-10$45.17$45.0029.5%8.5%28.2%5.5%0.0%4.4%3.3%-127.7K219.8K-4.9K0.00114.15N/AN/A015697669
2021-06-11$45.40$45.0034.9%10.0%24.1%9.9%0.0%2.0%-0.0%-188.8K-54.7K-5.5K5.00114.10N/AN/A15697694
2021-06-14$44.09$45.0033.8%9.7%25.9%9.0%35.5%2.0%-3.9%-145.2K781.5K-4.6K0.10100.73N/AN/A101697699
2021-06-15$44.82$45.0032.4%9.3%26.8%7.8%32.3%14.7%-0.5%-149.5K375.5K-5.0K52.68107.60N/AN/A191,001691700
2021-06-16$43.86$45.0031.5%9.0%27.7%7.1%31.5%7.4%3.5%-91.3K689.3K-6.2K8.00107.28N/AN/A216700751
2021-06-17$42.23$45.0036.2%10.4%29.4%10.9%36.3%7.5%0.1%-65.5K1.4M-5.0K126.00105.01N/AN/A1126700762
2021-06-18$41.06$45.0039.4%11.3%30.5%13.6%37.4%-5.4%-10.4%-48.4K1.6M-5.8K0.81117.54N/AN/A2722700854
2021-06-21$42.83$45.0035.4%10.1%34.1%10.3%38.8%9.9%-4.8%-75.6K1.0M-5.9K0.10110.01N/AN/A101688779
2021-06-22$43.28$45.0027.1%7.8%34.0%3.5%29.0%7.9%11.3%-89.9K934.7K-5.8K2.2094.00N/AN/A511696776
2021-06-23$43.06$45.0035.8%10.3%33.2%10.6%32.0%3.1%1.1%-79.0K1.0M-6.1K0.7898.57N/AN/A9171698786
2021-06-24$43.68$45.0036.2%10.4%33.6%11.0%38.4%4.6%7.8%-73.9K753.0K-6.1K0.0098.11N/AN/A390699786
2021-06-25$43.66$45.0026.1%7.5%33.3%2.7%24.7%11.0%5.3%-107.6K908.6K-5.4K2.50101.08N/AN/A410708786
2021-06-28$43.08$45.0058.7%16.8%33.3%29.3%0.0%16.8%-27.9%-37.0K354.6K-6.4K0.00105.03N/AN/A05711796
2021-06-29$43.51$45.0035.3%10.1%32.0%10.2%34.3%6.8%-9.0%-68.7K453.3K-5.8K0.70113.56N/AN/A12185711801
2021-06-30$44.18$45.0025.5%7.3%30.2%2.2%0.0%44.4%18.9%-134.5K877.3K-5.2K0.0099.18N/AN/A10769801