HI Options History — April 2022

In April 2022, HI traded between $40.42 and $45.31. ATM implied volatility averaged 52.4%, placing in the 51.2% IV rank vs the trailing year. The 30-day expected move averaged 12.0%. IV traded above realized volatility by 22.2% (HV 20d: 30.2%). Max pain ranged from $40.00 to $45.00. Net GEX was positive for 12 of 20 trading days. Term structure was in contango for 6 of 20 days. Put/call ratio averaged 0.72.

Notable Days

  • 2022-04-20: Highest Volume — 426 contracts
  • 2022-04-06: Largest IV spike — 68.1% change
  • 2022-04-12: Highest IV Rank — 100.0%
  • 2022-04-29: Largest Expected Move — 19.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$42.20$40.42$45.31$44.39$40.79
Max Pain$42.75$40.00$45.00$45.00$40.00
ATM IV52.4%31.8%82.6%37.5%68.9%
Expected Move12.0%7.6%19.8%10.2%19.8%
HV 20d30.2%28.2%32.5%29.7%29.8%
HV 60d29.6%28.8%30.2%28.8%30.2%
IV Rank51.2%17.3%100.0%26.9%77.8%
IV Percentile73.0%16.7%100.0%51.6%97.2%
Term Structure-6.1%-31.5%16.9%-8.9%-31.5%
VWIV43.4%29.5%62.5%43.6%62.5%
Skew 25d10.1%-13.9%39.8%-13.9%10.0%
Skew 10d12.3%-13.6%33.4%-13.6%-1.9%
Call IV 25d39.8%29.5%56.8%56.8%39.0%
Put IV 25d49.8%37.7%87.0%42.9%49.0%
Bid-Ask Spread %108.2394.48119.26101.28115.35
Gamma HHI0.360.220.640.500.26
Net GEX-5.8K-30.1K13.2K-26.8K1.9K
Net DEX-154.0K-724.0K585.7K-387.6K-364.4K
Net VEX-4.5K-5.5K-3.8K-4.4K-4.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.720.370.930.510.69
Total Volume347.050426295391
Total OI897.556551,052886868

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-04-01$44.39$45.0037.5%10.2%29.7%26.9%43.6%-13.9%-8.9%-26.8K-387.6K-4.4K0.51101.28N/AN/A195100550336
2022-04-04$45.31$45.0040.1%7.6%30.5%31.2%34.6%3.0%-0.5%-25.7K-466.3K-3.9K0.63110.61N/AN/A195122550347
2022-04-05$43.84$45.0044.3%10.0%32.5%38.2%38.5%9.9%-9.3%-28.4K-330.8K-4.5K0.65105.38N/AN/A195126550384
2022-04-06$43.05$45.0074.4%8.3%31.4%88.2%39.2%1.1%-2.7%-13.4K-155.5K-4.6K0.68115.46N/AN/A195132550384
2022-04-07$42.18$45.0069.6%11.8%30.3%80.2%48.7%18.3%3.5%-22.2K238.4K-3.8K0.93106.45N/AN/A195182550400
2022-04-08$41.92$45.0074.4%10.2%29.5%88.1%41.2%7.2%2.2%-27.6K397.8K-4.7K0.93111.17N/AN/A196182551480
2022-04-11$41.32$45.0072.5%12.2%29.8%85.0%40.6%8.1%-8.4%-18.7K585.7K-4.3K0.8694.48N/AN/A202173552480
2022-04-12$41.33$45.0082.6%11.3%29.8%100.0%46.3%10.0%-8.0%10.4K574.7K-4.1K0.78113.73N/AN/A202158562482
2022-04-13$42.20$45.0048.1%13.8%29.7%43.9%49.4%2.7%-15.4%-30.1K479.0K-3.9K0.6898.92N/AN/A199135562483
2022-04-14$41.67$45.0038.5%11.0%29.0%28.1%43.2%8.1%8.6%6.1K546.5K-3.8K0.68113.53N/AN/A199135563489
2022-04-18$41.17$45.0047.8%13.7%28.7%43.3%50.2%11.5%-9.2%6.3K-362.4K-4.1K0.3796.67N/AN/A23888445210
2022-04-19$42.39$40.0038.9%11.1%30.4%28.8%36.8%14.1%16.9%13.2K-592.2K-4.5K0.8694.62N/AN/A228197501216
2022-04-20$42.98$40.0031.8%9.1%30.8%17.3%38.5%11.4%16.1%9.1K-724.0K-5.5K0.86107.76N/AN/A229197509326
2022-04-21$42.67$40.0033.5%9.6%30.4%20.0%34.3%9.8%-3.6%5.9K-566.0K-5.0K0.72105.25N/AN/A228164511326
2022-04-22$41.96$40.0033.7%9.7%30.8%20.4%29.5%8.3%3.5%2.3K-456.8K-4.6K0.74109.94N/AN/A228168513327
2022-04-25$41.93$40.0040.1%11.5%30.6%30.8%38.6%5.7%-9.9%8.5K-519.2K-4.5K0.73110.10N/AN/A226164513322
2022-04-26$40.42$40.0058.1%16.7%32.1%60.1%52.2%22.1%-22.4%6.6K-302.7K-4.7K0.71119.26N/AN/A226160514321
2022-04-27$40.85$40.0051.1%14.6%28.2%48.7%0.0%14.6%-17.5%3.3K-304.5K-5.0K0.00118.70N/AN/A00514348
2022-04-28$41.72$40.0062.4%17.9%29.7%67.1%57.0%39.8%-25.3%3.7K-370.1K-4.5K0.69115.84N/AN/A231160514348
2022-04-29$40.79$40.0068.9%19.8%29.8%77.8%62.5%10.0%-31.5%1.9K-364.4K-4.6K0.69115.35N/AN/A231160520348