HI Options History — October 2021

In October 2021, HI traded between $43.85 and $46.05. ATM implied volatility averaged 39.6%, placing in the 33.8% IV rank vs the trailing year. The 30-day expected move averaged 10.7%. IV traded above realized volatility by 17.4% (HV 20d: 22.3%). Max pain ranged from $40.00 to $45.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 1.34.

Notable Days

  • 2021-10-29: Highest Volume — 258 contracts
  • 2021-10-08: Largest IV spike — 98.6% change
  • 2021-10-27: Highest IV Rank — 78.9%
  • 2021-10-27: Largest Expected Move — 18.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$45.00$43.85$46.05$43.89$45.50
Max Pain$43.10$40.00$45.00$40.00$45.00
ATM IV39.6%24.3%64.3%32.2%36.7%
Expected Move10.7%7.0%18.4%9.2%10.5%
HV 20d22.3%20.2%27.0%26.6%22.1%
HV 60d25.9%24.9%27.2%27.2%25.0%
IV Rank33.8%5.7%78.9%20.1%28.3%
IV Percentile48.6%1.2%97.2%21.0%44.0%
Term Structure-3.5%-38.3%9.3%6.2%-0.3%
VWIV36.4%26.1%62.8%26.8%36.4%
Skew 25d7.8%-1.5%19.5%7.8%5.0%
Skew 10d17.5%-8.3%54.8%9.1%9.4%
Call IV 25d31.0%19.5%44.7%21.5%36.8%
Put IV 25d38.8%26.8%52.6%29.3%41.8%
Bid-Ask Spread %106.5891.82120.61112.93107.77
Gamma HHI0.330.260.490.320.28
Net GEX38.4K17.0K64.0K52.1K21.8K
Net DEX-1.1M-1.5M-753.2K-1.2M-911.6K
Net VEX-3.0K-3.5K-2.4K-3.0K-3.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.340.0010.0010.000.41
Total Volume99.048025822258
Total OI737.619473916864640

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-10-01$43.89$40.0032.2%9.2%26.6%20.1%26.8%7.8%6.2%52.1K-1.2M-3.0K10.00112.93N/AN/A220658206
2021-10-04$44.71$40.0045.0%10.2%27.0%43.6%35.0%7.8%-5.3%48.0K-1.2M-3.3K0.0091.82N/AN/A270661206
2021-10-05$44.43$40.0044.4%11.2%20.9%42.5%35.3%5.6%-8.0%42.1K-1.2M-2.8K0.0092.68N/AN/A20663211
2021-10-06$43.85$40.0047.6%8.2%21.5%48.3%0.0%8.0%8.2%52.7K-1.1M-3.5K0.00101.95N/AN/A40689211
2021-10-07$44.43$40.0028.6%12.5%21.9%13.6%0.0%16.4%-10.7%53.2K-1.2M-3.1K0.00101.89N/AN/A00691211
2021-10-08$45.23$40.0056.9%10.9%21.9%65.3%34.8%4.3%1.1%56.9K-1.3M-3.3K0.00107.62N/AN/A40693211
2021-10-11$45.06$40.0036.3%10.1%21.9%27.7%35.1%2.9%-7.6%60.9K-1.3M-2.7K0.17102.36N/AN/A61693211
2021-10-12$45.60$40.0047.1%9.7%20.4%47.4%62.8%19.5%-0.2%62.3K-1.4M-2.9K3.33109.07N/AN/A310693211
2021-10-13$45.56$45.0038.3%11.0%20.4%31.3%0.0%9.9%-5.9%60.0K-1.4M-2.6K0.00106.46N/AN/A30694212
2021-10-14$46.05$45.0034.2%9.8%20.2%23.9%33.9%10.3%9.3%64.0K-1.5M-3.1K1.4396.90N/AN/A710694222
2021-10-15$45.85$45.0048.5%13.9%20.3%50.0%33.0%7.3%-9.5%17.0K-1.5M-2.5K0.00104.55N/AN/A1080685222
2021-10-18$44.65$45.0031.2%8.9%22.8%18.3%32.7%12.9%-3.1%18.9K-753.2K-2.4K3.00120.61N/AN/A26343130
2021-10-19$44.76$45.0029.4%8.4%22.8%15.0%26.1%7.3%-3.2%28.5K-915.8K-3.2K7.00117.45N/AN/A214399130
2021-10-20$45.39$45.0024.3%7.0%22.8%5.7%32.6%5.7%0.4%23.1K-915.4K-3.2K0.13105.46N/AN/A21027401150
2021-10-21$45.59$45.0026.8%7.7%22.8%10.2%31.7%4.9%8.2%31.5K-1.0M-2.9K0.13108.96N/AN/A21127403153
2021-10-22$45.10$45.0033.1%9.5%23.0%21.7%27.9%3.2%0.7%27.1K-998.5K-2.8K0.13112.29N/AN/A21127405157
2021-10-25$45.09$45.0051.8%14.9%21.4%56.1%42.1%6.8%-30.7%21.9K-880.5K-3.0K0.21109.29N/AN/A16234405157
2021-10-26$45.28$45.0035.6%10.2%20.9%26.3%35.5%4.5%7.2%26.9K-912.9K-2.9K0.25103.53N/AN/A17243406166
2021-10-27$44.03$45.0064.3%18.4%22.6%78.9%51.9%13.9%-38.3%17.3K-775.3K-3.1K0.26118.08N/AN/A17245416177
2021-10-28$44.88$45.0040.3%11.6%23.1%35.1%41.3%-1.5%8.0%21.1K-794.6K-3.4K0.43106.58N/AN/A17575416188
2021-10-29$45.50$45.0036.7%10.5%22.1%28.3%36.4%5.0%-0.3%21.8K-911.6K-3.3K0.41107.77N/AN/A18375419221