HI Options History — November 2022

In November 2022, HI traded between $43.21 and $49.63. ATM implied volatility averaged 36.9%, placing in the 18.2% IV rank vs the trailing year. The 30-day expected move averaged 10.6%. IV traded below realized volatility by 0.7% (HV 20d: 37.6%). Max pain ranged from $40.00 to $40.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 0.29.

Notable Days

  • 2022-11-17: Highest Volume — 376 contracts
  • 2022-11-22: Largest IV spike — 41.6% change
  • 2022-11-11: Highest IV Rank — 32.9%
  • 2022-11-11: Largest Expected Move — 13.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$46.43$43.21$49.63$44.92$49.63
Max Pain$40.00$40.00$40.00$40.00$40.00
ATM IV36.9%26.0%47.0%37.1%29.7%
Expected Move10.6%7.5%13.5%10.6%8.5%
HV 20d37.6%34.3%41.3%34.3%39.2%
HV 60d46.2%39.9%52.4%52.4%39.9%
IV Rank18.2%2.6%32.9%18.6%7.9%
IV Percentile30.5%0.4%65.1%29.0%4.0%
Term Structure-5.7%-27.0%7.5%0.1%-3.6%
VWIV40.5%26.8%58.1%43.1%26.8%
Skew 25d11.6%-7.0%37.7%7.5%13.4%
Skew 10d26.6%-5.2%103.2%12.1%20.2%
Call IV 25d39.2%24.2%51.6%41.7%24.2%
Put IV 25d50.8%29.9%78.3%49.2%37.5%
Bid-Ask Spread %107.0699.28113.75101.27103.12
Gamma HHI0.450.280.650.320.62
Net GEX43.4K30.3K60.9K43.7K37.0K
Net DEX-1.6M-2.7M-1.2M-1.4M-1.6M
Net VEX-3.0K-4.1K-2.1K-3.8K-3.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.290.000.550.230.00
Total Volume233.23803762790
Total OI842.238756995813840

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-11-01$44.92$40.0037.1%10.6%34.3%18.6%43.1%7.5%0.1%43.7K-1.4M-3.8K0.23101.27N/AN/A22653518295
2022-11-02$43.54$40.0040.0%11.5%36.9%22.8%58.1%0.4%1.3%45.8K-1.2M-4.1K0.24103.66N/AN/A21953525295
2022-11-03$43.21$40.0039.2%10.9%36.4%21.6%37.5%9.7%-2.2%46.3K-1.3M-2.6K0.24105.18N/AN/A21853529295
2022-11-04$43.67$40.0030.7%10.1%35.1%9.4%32.8%17.9%4.1%45.4K-1.2M-3.9K0.24112.28N/AN/A21753527295
2022-11-07$44.62$40.0037.5%9.5%35.3%19.1%33.8%10.8%4.6%53.7K-1.5M-2.5K0.24108.22N/AN/A21753525295
2022-11-08$44.81$40.0038.4%12.7%34.3%20.5%41.4%10.3%-13.1%46.3K-1.5M-3.0K0.24111.09N/AN/A22353525295
2022-11-09$43.69$40.0041.8%12.0%36.0%25.4%43.3%5.9%-10.9%47.7K-1.4M-3.2K0.24112.55N/AN/A22353536295
2022-11-10$45.86$40.0037.2%10.7%38.8%18.7%37.4%17.8%-4.7%46.9K-1.8M-2.5K0.24107.65N/AN/A22253536295
2022-11-11$46.06$40.0047.0%13.5%37.3%32.9%42.9%7.4%-7.4%49.2K-1.8M-2.4K0.25108.35N/AN/A21353539295
2022-11-14$45.69$40.0038.6%11.1%36.5%20.7%37.2%16.9%-3.3%48.3K-1.7M-2.4K0.3399.28N/AN/A21470539295
2022-11-15$45.62$40.0045.0%12.9%35.8%29.9%49.5%10.7%7.5%49.6K-1.6M-3.0K0.36107.36N/AN/A22380540312
2022-11-16$44.45$40.0046.5%13.3%36.0%32.2%41.8%37.7%-18.7%60.9K-1.6M-2.2K0.32113.75N/AN/A25080549316
2022-11-17$47.72$40.0028.9%8.3%41.3%6.7%32.9%-7.0%4.3%46.9K-2.3M-2.1K0.29108.61N/AN/A29185612331
2022-11-18$48.72$40.0026.0%7.5%39.3%2.6%34.7%15.3%1.5%33.0K-2.7M-2.1K0.33108.67N/AN/A25885663332
2022-11-21$47.89$40.0028.2%8.1%40.4%5.7%31.0%-1.3%-4.4%33.1K-1.4M-2.6K0.55102.78N/AN/A193106446310
2022-11-22$48.90$40.0040.0%11.5%39.8%22.7%51.7%18.6%-17.4%30.3K-1.5M-3.3K0.43105.07N/AN/A17776458361
2022-11-23$49.25$40.0037.0%10.6%39.2%18.5%52.7%19.4%-27.0%35.7K-1.7M-3.0K0.43108.25N/AN/A17776460382
2022-11-25$49.28$40.0039.6%11.4%39.1%22.3%0.0%20.5%-16.0%37.7K-1.5M-3.5K0.00113.20N/AN/A00460382
2022-11-28$48.76$40.0039.1%11.2%39.0%21.4%0.0%7.6%-11.5%36.8K-1.5M-3.4K0.00107.69N/AN/A00460382
2022-11-29$48.75$40.0026.5%7.6%39.0%3.3%26.8%4.5%-2.0%36.7K-1.5M-3.4K0.00100.33N/AN/A20460382
2022-11-30$49.63$40.0029.7%8.5%39.2%7.9%0.0%13.4%-3.6%37.0K-1.6M-3.1K0.00103.12N/AN/A00458382