HI Options History — July 2022

In July 2022, HI traded between $38.35 and $46.11. ATM implied volatility averaged 47.0%, placing in the 42.0% IV rank vs the trailing year. The 30-day expected move averaged 11.8%. IV traded above realized volatility by 10.5% (HV 20d: 36.5%). Max pain ranged from $40.00 to $45.00. Net GEX was positive for 14 of 20 trading days. Term structure was in contango for 7 of 20 days. Put/call ratio averaged 10.92.

Notable Days

  • 2022-07-27: Highest Volume — 626 contracts
  • 2022-07-07: Largest IV spike — 92.5% change
  • 2022-07-08: Highest IV Rank — 92.1%
  • 2022-07-01: Largest Expected Move — 15.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$41.28$38.35$46.11$41.47$46.11
Max Pain$40.75$40.00$45.00$40.00$40.00
ATM IV47.0%26.7%77.7%54.7%51.3%
Expected Move11.8%7.7%15.7%15.7%14.7%
HV 20d36.5%30.7%40.1%38.2%32.9%
HV 60d35.3%34.3%36.6%34.3%35.5%
IV Rank42.0%9.0%92.1%54.5%49.1%
IV Percentile56.9%2.0%98.8%86.5%79.4%
Term Structure-5.8%-40.3%16.6%-40.3%-19.8%
VWIV45.6%28.7%78.4%54.1%47.9%
Skew 25d9.9%-12.6%113.2%17.5%-0.5%
Skew 10d5.0%-35.8%164.8%25.2%2.7%
Call IV 25d47.1%32.8%66.3%40.9%50.2%
Put IV 25d57.0%28.5%150.0%58.4%49.7%
Bid-Ask Spread %109.1195.53122.06112.9996.06
Gamma HHI0.470.240.770.300.60
Net GEX-2.7K-62.1K28.2K8.8K-31.8K
Net DEX-242.4K-730.3K198.6K-476.7K-322.1K
Net VEX-2.7K-4.4K-1.7K-2.6K-3.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio10.920.4229.850.4924.88
Total Volume408.95105626275621
Total OI723.45333882745867

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-07-01$41.47$40.0054.7%15.7%38.2%54.5%54.1%17.5%-40.3%8.8K-476.7K-2.6K0.49112.99N/AN/A18590509236
2022-07-05$40.82$40.0044.8%11.0%38.5%38.4%36.1%-10.8%-3.1%16.0K-335.0K-2.7K0.48104.71N/AN/A18690511236
2022-07-06$39.66$45.0039.3%11.1%38.5%29.5%36.2%-12.6%-8.0%21.6K-259.3K-2.3K0.52116.73N/AN/A18295511237
2022-07-07$40.58$45.0075.7%12.1%39.7%88.7%38.0%4.7%-5.7%16.1K-322.7K-2.6K0.52107.79N/AN/A18295511215
2022-07-08$40.25$45.0077.7%11.9%39.6%92.1%42.7%-2.7%-7.6%17.2K-301.3K-2.3K0.53112.37N/AN/A18095512215
2022-07-11$39.27$40.0055.1%12.9%40.1%55.2%42.0%2.1%-15.6%26.3K-122.1K-2.2K0.5198.15N/AN/A18895513215
2022-07-12$39.28$40.0075.2%13.9%39.2%88.0%54.8%28.4%-29.8%25.3K-452.8K-2.2K0.51120.35N/AN/A18895523173
2022-07-13$38.72$40.0049.4%14.2%37.2%45.9%52.3%35.8%-21.5%28.2K-147.3K-2.2K0.42119.47N/AN/A22895523173
2022-07-14$38.35$40.0054.2%15.5%37.1%53.7%56.7%-10.7%0.0%23.2K-357.7K-2.2K0.61122.06N/AN/A228138572173
2022-07-15$38.92$40.0031.5%9.0%37.5%16.8%44.8%-1.3%14.5%2.3K58.2K-2.1K0.57102.70N/AN/A249143572210
2022-07-18$38.67$40.0037.9%10.9%30.7%27.1%44.1%22.3%-2.0%3.1K-199.8K-2.1K2.28107.92N/AN/A3273193140
2022-07-19$40.96$40.0038.6%11.1%36.8%28.3%31.7%12.4%8.9%5.6K-352.4K-2.1K1.92108.55N/AN/A3873211144
2022-07-20$42.00$40.0046.0%13.2%36.8%40.4%51.2%-11.3%-8.0%5.7K-439.2K-2.4K27.29113.57N/AN/A21573236144
2022-07-21$42.46$40.0026.7%7.7%36.9%9.0%28.7%-9.8%16.6%-62.1K36.7K-4.2K29.85104.07N/AN/A20597238644
2022-07-22$42.29$40.0041.0%11.8%36.9%32.3%48.4%-11.1%-2.7%-40.5K180.7K-4.4K28.43118.56N/AN/A21597239617
2022-07-25$42.82$40.0031.2%8.9%33.9%16.3%78.4%23.2%2.5%-35.1K198.6K-4.2K27.1495.53N/AN/A22597243617
2022-07-26$43.36$40.0032.2%9.2%33.8%17.9%48.4%13.8%6.7%-45.5K-184.1K-3.6K25.96105.94N/AN/A23597248617
2022-07-27$44.56$40.0039.0%11.2%33.2%29.0%37.8%-4.4%3.5%-49.5K-319.0K-3.2K20.59102.41N/AN/A29597248616
2022-07-28$45.06$40.0038.1%10.9%32.2%27.6%36.8%113.2%-5.6%10.2K-730.3K-1.7K24.88112.31N/AN/A24597251616
2022-07-29$46.11$40.0051.3%14.7%32.9%49.1%47.9%-0.5%-19.8%-31.8K-322.1K-3.6K24.8896.06N/AN/A24597251616