HI Options History — August 2021

In August 2021, HI traded between $43.69 and $46.63. ATM implied volatility averaged 42.3%, placing in the 23.2% IV rank vs the trailing year. The 30-day expected move averaged 11.6%. IV traded above realized volatility by 12.8% (HV 20d: 29.5%). Max pain ranged from $45.00 to $45.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 1.05.

Notable Days

  • 2021-08-24: Highest Volume — 78 contracts
  • 2021-08-04: Largest IV spike — 68.5% change
  • 2021-08-30: Highest IV Rank — 38.7%
  • 2021-08-30: Largest Expected Move — 15.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$44.76$43.69$46.63$44.68$46.38
Max Pain$45.00$45.00$45.00$45.00$45.00
ATM IV42.3%29.3%55.4%36.6%52.5%
Expected Move11.6%7.1%15.9%10.5%15.1%
HV 20d29.5%25.8%33.9%26.5%29.3%
HV 60d29.2%27.8%30.2%29.5%28.3%
IV Rank23.2%7.7%38.7%16.4%35.3%
IV Percentile56.5%8.3%92.1%40.1%87.7%
Term Structure-7.3%-34.6%7.2%7.2%-10.4%
VWIV48.8%31.2%85.7%85.7%40.2%
Skew 25d12.5%-3.9%54.9%14.9%9.6%
Skew 10d12.2%-23.3%55.9%23.8%-23.3%
Call IV 25d36.9%21.3%70.4%28.1%53.1%
Put IV 25d49.4%29.6%79.4%43.0%62.7%
Bid-Ask Spread %111.19102.46126.03110.54113.66
Gamma HHI0.310.270.390.270.39
Net GEX23.8K18.4K37.2K20.3K37.2K
Net DEX-871.9K-1.2M-716.5K-784.1K-1.2M
Net VEX-2.6K-3.1K-2.2K-3.1K-2.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.050.0010.000.750.00
Total Volume18.636078024
Total OI576.909516673516673

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-08-02$44.68$45.0036.6%10.5%26.5%16.4%0.0%14.9%7.2%20.3K-784.1K-3.1K0.00110.54N/AN/A00378138
2021-08-03$44.64$45.0029.3%8.4%25.8%7.7%85.7%1.5%-7.0%19.8K-821.0K-2.2K0.00121.34N/AN/A06378138
2021-08-04$43.84$45.0049.3%14.1%26.7%31.4%51.9%13.9%-16.0%18.4K-736.8K-2.9K0.75102.46N/AN/A129378138
2021-08-05$45.27$45.0044.9%7.1%28.9%26.2%44.1%7.1%3.5%22.5K-889.6K-2.4K3.75118.64N/AN/A415378144
2021-08-06$45.67$45.0043.0%10.8%27.5%24.0%42.5%-3.9%-1.4%23.7K-943.5K-2.8K0.31104.55N/AN/A165391153
2021-08-09$43.80$45.0038.4%10.7%31.1%18.5%38.5%2.8%1.2%18.8K-716.5K-2.8K0.04102.80N/AN/A552391158
2021-08-10$45.14$45.0054.1%11.6%31.6%37.1%0.0%5.9%-6.8%18.4K-874.1K-2.4K0.00103.47N/AN/A00405163
2021-08-11$45.62$45.0034.4%9.9%31.6%13.8%0.0%-0.4%-0.8%20.9K-938.6K-2.4K0.00104.41N/AN/A40408164
2021-08-12$44.22$45.0042.7%12.2%33.8%23.6%0.0%3.2%-7.0%23.9K-782.0K-2.7K0.00102.53N/AN/A40408164
2021-08-13$43.88$45.0036.8%10.6%33.9%16.6%31.3%17.3%-15.8%23.8K-757.5K-2.6K2.00104.47N/AN/A24413164
2021-08-16$44.12$45.0052.5%15.1%33.5%35.3%62.4%34.0%-23.9%25.3K-772.9K-2.7K0.14109.03N/AN/A213407163
2021-08-17$43.73$45.0033.1%9.5%29.8%12.2%44.7%8.0%-5.7%20.2K-752.6K-2.7K0.67118.52N/AN/A32409167
2021-08-18$43.71$45.0055.1%15.8%29.6%38.4%70.6%3.2%-34.6%19.7K-788.1K-2.7K0.00126.03N/AN/A20430168
2021-08-19$43.69$45.0031.0%8.9%28.8%9.8%0.0%16.9%5.9%20.7K-783.9K-2.8K10.00113.37N/AN/A110430170
2021-08-20$44.10$45.0043.9%12.6%28.8%25.0%0.0%13.2%-7.1%21.4K-805.2K-2.6K0.00119.90N/AN/A10431170
2021-08-23$44.34$45.0051.8%14.8%28.9%34.4%58.0%54.9%-25.9%23.5K-848.4K-2.4K1.93113.55N/AN/A1427412138
2021-08-24$44.95$45.0031.7%9.1%29.2%10.5%31.2%15.2%-4.8%25.8K-908.8K-2.3K0.16109.27N/AN/A6711412138
2021-08-25$45.19$45.0031.9%9.1%28.2%10.8%0.0%-2.1%-0.5%24.0K-907.8K-2.6K0.00113.78N/AN/A150415165
2021-08-26$44.94$45.0033.2%9.5%28.1%12.4%33.2%0.9%2.0%29.5K-911.2K-2.8K0.13105.61N/AN/A81466176
2021-08-27$46.14$45.0049.2%14.1%29.3%31.4%40.2%39.0%-3.5%29.4K-1.1M-2.9K0.04115.33N/AN/A281474176
2021-08-30$46.63$45.0055.4%15.9%29.2%38.7%0.0%20.0%-10.3%36.5K-1.2M-2.7K0.00112.84N/AN/A330474176
2021-08-31$46.38$45.0052.5%15.1%29.3%35.3%0.0%9.6%-10.4%37.2K-1.2M-2.8K0.00113.66N/AN/A240498175