HI Options History — August 2022

In August 2022, HI traded between $41.80 and $47.98. ATM implied volatility averaged 41.0%, placing in the 32.3% IV rank vs the trailing year. The 30-day expected move averaged 10.8%. IV traded below realized volatility by 4.8% (HV 20d: 45.8%). Max pain ranged from $40.00 to $45.00. Net GEX was positive for 13 of 23 trading days. Term structure was in contango for 5 of 23 days. Put/call ratio averaged 7.66.

Notable Days

  • 2022-08-03: Highest Volume — 640 contracts
  • 2022-08-08: Largest IV spike — 128.5% change
  • 2022-08-08: Highest IV Rank — 83.1%
  • 2022-08-17: Largest Expected Move — 15.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$45.35$41.80$47.98$46.67$41.80
Max Pain$42.83$40.00$45.00$40.00$40.00
ATM IV41.0%26.6%72.2%31.9%46.6%
Expected Move10.8%7.6%15.5%9.1%13.4%
HV 20d45.8%27.7%63.2%32.7%63.2%
HV 60d39.8%33.5%46.4%35.1%46.2%
IV Rank32.3%8.8%83.1%17.4%41.4%
IV Percentile43.6%2.0%96.0%12.3%69.0%
Term Structure-5.8%-21.8%16.8%1.1%16.8%
VWIV42.1%28.6%58.0%58.0%49.0%
Skew 25d8.1%-15.3%40.2%-0.3%31.7%
Skew 10d8.7%-28.6%93.4%-0.8%10.2%
Call IV 25d40.7%25.7%90.3%42.6%40.0%
Put IV 25d48.8%32.4%87.1%42.2%71.7%
Bid-Ask Spread %108.9376.84127.21103.13110.44
Gamma HHI0.420.240.670.500.24
Net GEX-5.7K-44.6K14.0K-17.1K8.6K
Net DEX-614.1K-946.9K149.7K-697.4K-410.5K
Net VEX-2.5K-3.4K-1.7K-2.7K-2.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio7.660.0021.3216.146.33
Total Volume174.130640634110
Total OI739.957400927881447

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-08-01$46.67$40.0031.9%9.1%32.7%17.4%58.0%-0.3%1.1%-17.1K-697.4K-2.7K16.14103.13N/AN/A37597265616
2022-08-02$46.28$40.0039.8%11.4%32.2%30.3%53.3%-11.1%-5.4%-16.4K-684.4K-2.7K16.1487.03N/AN/A37597268616
2022-08-03$46.13$40.0044.1%12.7%29.7%37.3%52.9%5.3%-11.2%-19.2K-606.5K-2.9K13.8876.84N/AN/A43597268616
2022-08-04$46.04$45.0065.9%7.9%29.3%72.8%37.1%-7.9%-21.8%-29.9K-493.7K-3.1K21.32105.93N/AN/A28597275616
2022-08-05$45.32$45.0031.6%9.4%29.9%17.0%28.6%2.3%-2.4%-27.8K-695.8K-2.5K21.32119.08N/AN/A28597277616
2022-08-08$45.35$45.0072.2%10.2%27.7%83.1%38.5%30.7%-3.3%-27.1K-335.7K-3.3K21.3296.46N/AN/A28597277616
2022-08-09$43.79$45.0042.3%11.4%31.4%34.4%0.0%-4.8%-9.6%-44.6K-342.3K-3.0K0.00120.19N/AN/A06277616
2022-08-10$46.32$45.0037.2%10.7%35.3%26.0%0.0%12.0%-14.2%-8.5K-757.5K-2.0K0.00104.50N/AN/A00277622
2022-08-11$46.71$45.0027.3%7.8%34.6%9.9%32.1%8.4%-6.7%-22.0K-666.0K-2.3K0.00114.97N/AN/A140277622
2022-08-12$47.50$45.0037.5%10.8%34.7%26.5%29.5%40.2%-10.2%14.0K-911.9K-1.7K0.00108.19N/AN/A40288622
2022-08-15$47.98$45.0026.6%7.6%34.1%8.8%0.0%29.5%-4.8%4.8K-946.9K-1.9K0.00121.85N/AN/A20292622
2022-08-16$47.89$45.0038.4%11.0%29.5%28.0%0.0%-15.3%-11.7%10.9K-922.3K-2.2K0.00113.98N/AN/A010291622
2022-08-17$42.95$45.0054.0%15.5%50.2%53.5%32.8%-3.2%-0.4%-28.3K149.7K-3.4K0.00127.21N/AN/A70291632
2022-08-18$47.33$45.0039.5%11.3%60.7%29.7%0.0%10.4%2.8%491-838.1K-2.2K0.00118.75N/AN/A00295632
2022-08-19$46.40$45.0042.1%12.1%61.2%34.1%37.3%25.4%-19.1%9.5K-854.3K-2.0K1.25109.87N/AN/A810295632
2022-08-22$44.91$45.0032.2%9.2%62.6%17.8%47.6%-14.8%4.4%10.1K-622.7K-2.3K0.50104.10N/AN/A2211265135
2022-08-23$44.99$40.0037.0%10.6%62.4%25.8%0.0%-3.2%-14.5%9.2K-666.6K-2.3K11.0093.61N/AN/A111283146
2022-08-24$44.82$40.0033.7%9.7%61.7%20.4%0.0%10.4%-3.4%9.6K-642.3K-2.5K0.00113.93N/AN/A20284157
2022-08-25$45.40$40.0035.9%10.3%61.8%23.9%0.0%1.5%-7.5%9.6K-704.5K-2.3K0.00108.40N/AN/A00284157
2022-08-26$43.41$40.0044.9%12.9%63.1%38.7%0.0%4.7%-5.4%8.0K-549.5K-2.4K0.00109.33N/AN/A10284157
2022-08-29$43.01$40.0032.5%9.3%62.9%18.4%52.0%21.6%8.4%7.3K-471.8K-2.4K0.00118.78N/AN/A01287157
2022-08-30$42.15$40.0050.1%14.4%63.2%47.0%40.7%13.0%-14.4%6.8K-454.3K-2.3K1.00118.77N/AN/A11287158
2022-08-31$41.80$40.0046.6%13.4%63.2%41.4%49.0%31.7%16.8%8.6K-410.5K-2.5K6.33110.44N/AN/A1595288159