HI Options History — January 2022

In January 2022, HI traded between $45.11 and $53.08. ATM implied volatility averaged 43.4%, placing in the 36.8% IV rank vs the trailing year. The 30-day expected move averaged 11.8%. IV traded above realized volatility by 16.4% (HV 20d: 27.0%). Max pain ranged from $35.00 to $45.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 10 of 20 days. Put/call ratio averaged 0.38.

Notable Days

  • 2022-01-31: Highest Volume — 512 contracts
  • 2022-01-20: Largest IV spike — 49.2% change
  • 2022-01-11: Highest IV Rank — 73.1%
  • 2022-01-03: Largest Expected Move — 16.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$49.19$45.11$53.08$51.08$46.17
Max Pain$41.00$35.00$45.00$45.00$45.00
ATM IV43.4%30.1%65.3%57.1%46.4%
Expected Move11.8%8.6%16.4%16.4%13.3%
HV 20d27.0%24.9%28.9%28.6%27.6%
HV 60d28.6%27.8%29.8%27.8%28.3%
IV Rank36.8%14.8%73.1%59.5%41.8%
IV Percentile64.5%11.9%98.4%95.6%83.3%
Term Structure-2.3%-23.0%9.0%-23.0%-10.8%
VWIV44.3%32.7%59.8%47.0%54.3%
Skew 25d2.4%-22.1%23.4%-7.9%5.3%
Skew 10d6.6%-53.6%89.3%-53.6%15.5%
Call IV 25d45.6%33.5%60.3%52.0%54.2%
Put IV 25d48.0%33.5%78.4%44.2%59.6%
Bid-Ask Spread %109.5199.28120.69105.54120.69
Gamma HHI0.370.250.620.320.27
Net GEX46.0K10.2K122.3K46.2K10.2K
Net DEX-1.4M-2.1M-515.2K-1.6M-675.7K
Net VEX-4.6K-5.5K-2.9K-5.3K-5.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.380.250.770.280.66
Total Volume293237512261512
Total OI806.4514900820767

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-01-03$51.08$45.0057.1%16.4%28.6%59.5%47.0%-7.9%-23.0%46.2K-1.6M-5.3K0.28105.54N/AN/A20457621199
2022-01-04$52.52$45.0032.2%9.2%26.8%18.2%37.9%-4.7%3.6%53.9K-1.9M-5.4K0.28108.55N/AN/A20557630226
2022-01-05$52.92$45.0035.2%10.1%26.2%23.2%50.5%-6.0%6.9%57.1K-2.0M-5.5K0.25116.07N/AN/A24059631226
2022-01-06$53.08$40.0036.7%9.5%26.2%25.7%43.5%3.0%2.2%65.3K-2.1M-5.4K0.29113.00N/AN/A20559665226
2022-01-07$51.88$40.0043.4%10.9%27.7%36.7%32.7%4.8%1.8%64.3K-2.1M-5.4K0.2999.52N/AN/A20559666226
2022-01-10$51.41$40.0047.3%9.4%27.7%43.3%38.4%-3.2%5.2%64.7K-1.8M-4.9K0.2999.28N/AN/A20259666226
2022-01-11$51.47$40.0065.3%12.4%27.6%73.1%41.3%1.4%-5.0%58.7K-1.9M-4.4K0.29100.48N/AN/A20259665226
2022-01-12$51.05$40.0043.6%12.5%27.4%37.1%39.4%5.8%-1.9%61.2K-1.7M-5.1K0.29106.71N/AN/A20259665226
2022-01-13$51.00$40.0042.9%12.3%27.4%36.0%35.1%-1.7%-5.0%61.6K-2.0M-4.2K0.33104.42N/AN/A17859665226
2022-01-14$50.49$40.0031.9%9.2%27.6%17.8%45.5%-22.1%3.2%68.3K-1.8M-4.3K0.31106.92N/AN/A18257666226
2022-01-18$49.23$40.0037.8%10.8%28.7%27.5%37.6%-0.5%-2.8%122.3K-1.5M-3.9K0.31103.16N/AN/A18457665227
2022-01-19$47.84$40.0037.0%10.6%28.9%26.1%40.0%-7.7%0.2%63.6K-1.2M-4.0K0.30103.19N/AN/A18354665227
2022-01-20$46.61$40.0055.1%15.8%27.9%56.2%42.2%9.5%-16.4%40.7K-832.9K-3.8K0.27108.11N/AN/A20354667233
2022-01-21$46.93$35.0036.0%10.3%25.7%24.6%36.8%4.5%1.9%12.3K-873.8K-2.9K0.43106.29N/AN/A19583659233
2022-01-24$47.75$35.0030.1%8.6%24.9%14.8%39.6%18.3%9.0%15.7K-680.9K-3.7K0.60114.36N/AN/A16498409105
2022-01-25$46.13$35.0042.2%12.1%25.7%34.8%52.1%12.7%2.2%11.6K-526.7K-4.4K0.65120.28N/AN/A162106422143
2022-01-26$45.55$45.0045.5%13.0%25.7%40.3%59.8%16.4%-2.0%12.7K-515.2K-3.9K0.40118.48N/AN/A262106425152
2022-01-27$45.53$45.0053.7%15.4%25.8%53.9%57.8%-3.4%-9.2%15.9K-828.5K-5.4K0.41116.73N/AN/A260107525152
2022-01-28$45.11$45.0048.6%13.9%25.6%45.4%55.2%23.4%-6.7%13.7K-748.4K-5.4K0.77118.40N/AN/A261200526153
2022-01-31$46.17$45.0046.4%13.3%27.6%41.8%54.3%5.3%-10.8%10.2K-675.7K-5.5K0.66120.69N/AN/A309203527240