HI Options History — December 2022

In December 2022, HI traded between $40.78 and $53.06. ATM implied volatility averaged 47.0%, placing in the 29.1% IV rank vs the trailing year. The 30-day expected move averaged 10.3%. IV traded above realized volatility by 5.1% (HV 20d: 41.9%). Max pain ranged from $35.00 to $45.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 0.43.

Notable Days

  • 2022-12-15: Highest Volume — 598 contracts
  • 2022-12-05: Largest IV spike — 114.8% change
  • 2022-12-13: Highest IV Rank — 100.0%
  • 2022-12-28: Largest Expected Move — 14.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$46.50$40.78$53.06$50.44$42.87
Max Pain$38.81$35.00$45.00$40.00$40.00
ATM IV47.0%23.4%113.9%34.0%32.9%
Expected Move10.3%6.7%14.9%9.7%9.4%
HV 20d41.9%36.9%45.3%36.9%44.9%
HV 60d39.5%37.1%41.3%39.7%40.5%
IV Rank29.1%0.0%100.0%14.1%10.5%
IV Percentile51.5%0.0%100.0%17.1%13.9%
Term Structure-2.7%-20.5%10.9%-6.4%-8.3%
VWIV32.7%26.2%45.3%29.7%35.8%
Skew 25d11.7%-6.8%45.3%39.6%26.0%
Skew 10d20.2%-1.9%120.4%61.5%13.4%
Call IV 25d32.0%22.1%46.4%22.3%32.0%
Put IV 25d43.7%29.4%74.7%61.9%57.9%
Bid-Ask Spread %101.1280.84118.8080.84101.70
Gamma HHI0.350.210.740.740.22
Net GEX27.1K-2.5K50.4K35.5K14.0K
Net DEX-1.1M-2.1M-178.6K-1.7M-454.6K
Net VEX-4.7K-6.0K-2.7K-2.8K-4.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.430.002.040.000.00
Total Volume68.524059891
Total OI997.5248351,324836973

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-12-01$50.44$40.0034.0%9.7%36.9%14.1%29.7%39.6%-6.4%35.5K-1.7M-2.8K0.0080.84N/AN/A90454382
2022-12-02$53.06$40.0023.4%6.7%39.5%0.0%26.2%1.0%10.9%23.9K-2.0M-2.7K0.07106.43N/AN/A20815453382
2022-12-05$51.25$35.0050.2%8.6%42.6%38.4%29.8%13.1%1.5%43.6K-2.0M-4.8K0.2595.94N/AN/A246608397
2022-12-06$51.38$35.0043.1%9.0%42.3%28.2%31.2%0.7%0.3%46.5K-2.1M-5.1K0.0085.12N/AN/A20618397
2022-12-07$51.50$35.0046.4%9.3%42.3%32.8%0.0%12.0%2.3%43.5K-2.1M-4.8K0.0085.68N/AN/A00617397
2022-12-08$51.30$35.0058.5%8.7%40.8%50.1%26.2%8.2%5.2%44.7K-2.1M-5.1K0.0086.69N/AN/A200617397
2022-12-09$49.81$35.0061.6%8.6%39.9%54.7%31.1%14.1%3.5%47.4K-1.9M-4.9K0.00104.66N/AN/A90637397
2022-12-12$49.72$35.0069.8%8.7%40.0%66.4%35.9%2.1%1.9%46.1K-1.8M-5.2K0.7788.34N/AN/A1310639397
2022-12-13$50.23$35.00113.9%8.0%39.8%100.0%0.0%-6.8%8.0%50.4K-1.9M-4.9K0.00100.20N/AN/A00641407
2022-12-14$48.91$35.0026.2%7.5%41.3%3.1%26.2%6.4%7.1%50.4K-1.7M-4.8K0.06103.79N/AN/A25214641407
2022-12-15$47.94$45.0027.5%7.9%40.8%4.5%35.1%8.8%8.1%40.8K-1.1M-5.3K1.3599.39N/AN/A255343558421
2022-12-16$44.23$45.0051.5%14.8%43.1%31.0%38.1%0.6%-16.6%10.5K-268.7K-6.0K0.00104.45N/AN/A030793531
2022-12-19$42.78$45.0030.8%8.8%43.3%8.2%32.9%14.1%0.5%-2.5K-178.6K-5.7K2.04107.55N/AN/A50102541497
2022-12-20$41.79$40.0038.1%10.9%43.5%16.2%34.2%15.6%-2.0%12.8K-379.0K-4.5K0.71112.69N/AN/A75562390
2022-12-21$42.12$40.0045.1%12.9%42.7%24.0%37.1%45.3%-12.8%8.7K-311.1K-4.5K1.25118.80N/AN/A45562395
2022-12-22$41.23$40.0045.2%12.9%42.6%24.1%45.3%9.1%-10.4%10.7K-304.2K-5.0K0.00113.31N/AN/A01565395
2022-12-23$41.31$40.0045.5%13.0%42.6%24.4%34.6%11.7%-12.2%8.2K-256.5K-4.3K0.00106.68N/AN/A420565396
2022-12-27$41.41$40.0045.9%13.2%42.8%24.9%0.0%9.0%-10.9%9.6K-312.0K-5.1K0.00103.96N/AN/A00577396
2022-12-28$40.78$40.0052.0%14.9%42.8%31.6%0.0%8.3%-20.5%11.1K-261.0K-4.6K0.00106.24N/AN/A02577396
2022-12-29$42.45$40.0045.1%12.9%45.3%24.0%26.3%6.7%-5.0%14.2K-438.1K-4.6K0.00111.03N/AN/A100577396
2022-12-30$42.87$40.0032.9%9.4%44.9%10.5%35.8%26.0%-8.3%14.0K-454.6K-4.8K0.00101.70N/AN/A10577396