HI Options History — September 2021

In September 2021, HI traded between $41.14 and $45.99. ATM implied volatility averaged 36.8%, placing in the 22.9% IV rank vs the trailing year. The 30-day expected move averaged 10.0%. IV traded above realized volatility by 11.7% (HV 20d: 25.2%). Max pain ranged from $35.00 to $45.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 0.21.

Notable Days

  • 2021-09-14: Highest Volume — 267 contracts
  • 2021-09-28: Largest IV spike — 84.0% change
  • 2021-09-28: Highest IV Rank — 48.6%
  • 2021-09-28: Largest Expected Move — 13.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$42.72$41.14$45.99$45.63$42.83
Max Pain$38.10$35.00$45.00$45.00$40.00
ATM IV36.8%21.2%52.9%45.6%21.2%
Expected Move10.0%6.1%13.9%13.1%6.1%
HV 20d25.2%23.5%29.1%29.1%25.0%
HV 60d27.4%25.9%30.1%28.4%26.7%
IV Rank22.9%0.0%48.6%27.1%0.0%
IV Percentile40.0%0.0%89.3%78.2%0.0%
Term Structure-3.6%-27.7%32.7%-27.7%32.7%
VWIV35.6%24.3%54.7%46.1%37.2%
Skew 25d9.7%-6.0%34.9%6.3%14.4%
Skew 10d16.8%-6.7%80.4%7.9%18.7%
Call IV 25d29.1%19.3%38.8%38.8%19.3%
Put IV 25d38.8%27.9%64.8%45.1%33.7%
Bid-Ask Spread %107.6398.22114.90114.90112.39
Gamma HHI0.300.260.400.400.27
Net GEX20.0K-1.5K44.7K42.5K19.3K
Net DEX-691.9K-1.2M-427.9K-1.1M-692.3K
Net VEX-2.7K-3.3K-1.9K-2.7K-2.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.210.000.860.000.00
Total Volume29.4291267136
Total OI767.238705836705798

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-09-01$45.63$45.0045.6%13.1%29.1%27.1%46.1%6.3%-27.7%42.5K-1.1M-2.7K0.00114.90N/AN/A130530175
2021-09-02$45.99$35.0052.1%10.8%27.0%34.8%29.8%2.5%-12.7%41.6K-1.2M-3.3K0.00101.91N/AN/A350537175
2021-09-03$45.23$35.0052.9%9.2%27.5%35.7%24.3%9.6%-1.8%44.7K-1.1M-3.1K0.3398.22N/AN/A217547175
2021-09-07$43.15$35.0052.2%12.5%28.6%34.9%46.3%25.7%-12.1%33.3K-912.0K-3.2K0.64108.92N/AN/A2516562175
2021-09-08$43.21$35.0032.0%9.2%26.2%16.3%39.9%15.4%-2.5%32.4K-719.0K-2.8K0.42108.57N/AN/A125575180
2021-09-09$43.39$35.0043.9%12.6%25.9%39.7%33.5%6.6%-21.5%30.5K-826.4K-3.2K0.40103.31N/AN/A52575195
2021-09-10$42.78$35.0026.5%7.6%24.0%6.9%0.0%5.4%-5.7%24.9K-639.4K-2.6K0.0099.72N/AN/A02585200
2021-09-13$42.66$35.0032.4%9.3%23.9%18.1%33.8%-6.0%5.6%17.5K-605.5K-2.3K0.00107.07N/AN/A90583202
2021-09-14$41.81$35.0036.9%10.6%24.7%26.5%41.6%13.2%0.1%11.2K-491.0K-2.2K0.02102.69N/AN/A2634583201
2021-09-15$41.81$35.0032.0%9.2%24.6%17.4%0.0%-2.1%-2.1%10.8K-427.9K-1.9K0.00112.03N/AN/A20581201
2021-09-16$41.60$40.0030.4%8.7%24.6%14.4%29.5%3.9%-0.6%10.2K-517.7K-2.8K0.57105.15N/AN/A74631205
2021-09-17$41.47$40.0030.6%8.8%24.6%14.8%29.1%5.9%7.5%13.1K-508.2K-2.6K0.86106.09N/AN/A1412631205
2021-09-20$41.18$40.0039.7%11.4%24.2%31.9%40.6%15.0%-11.8%10.8K-481.3K-2.8K0.43113.07N/AN/A73553180
2021-09-21$41.14$40.0028.1%8.0%24.0%9.9%0.0%34.9%5.5%-1.5K-464.8K-2.6K0.00107.22N/AN/A80563190
2021-09-22$41.69$40.0038.4%11.0%24.0%29.5%26.3%10.4%-16.8%12.3K-610.0K-2.7K0.00111.62N/AN/A130567193
2021-09-23$41.83$40.0029.7%8.5%23.9%13.0%29.0%6.1%-7.0%6.4K-567.2K-2.5K0.00106.14N/AN/A20562193
2021-09-24$41.50$40.0036.1%10.4%23.9%25.2%0.0%9.5%-1.8%11.9K-607.0K-2.8K0.00112.95N/AN/A10573193
2021-09-27$42.65$40.0026.4%7.6%24.1%6.8%27.8%-1.6%20.4%11.9K-676.2K-2.7K0.03108.26N/AN/A351575193
2021-09-28$42.28$40.0048.5%13.9%23.5%48.6%54.7%23.2%-14.8%18.8K-711.4K-2.9K0.00113.21N/AN/A07576193
2021-09-29$43.21$40.0037.8%10.8%25.3%28.3%37.2%5.0%-9.1%18.0K-756.3K-3.0K0.26106.72N/AN/A6116607194
2021-09-30$42.83$40.0021.2%6.1%25.0%0.0%0.0%14.4%32.7%19.3K-692.3K-2.6K0.00112.39N/AN/A60607191