HI Options History — June 2023

In June 2023, HI traded between $48.99 and $53.50. ATM implied volatility averaged 31.9%, placing in the 12.2% IV rank vs the trailing year. The 30-day expected move averaged 8.8%. IV traded below realized volatility by 4.6% (HV 20d: 36.5%). Max pain ranged from $35.00 to $45.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.93.

Notable Days

  • 2023-06-14: Highest Volume — 252 contracts
  • 2023-06-14: Largest IV drop — 42.7% change
  • 2023-06-13: Highest IV Rank — 29.7%
  • 2023-06-26: Largest Expected Move — 13.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$51.41$48.99$53.50$48.99$51.69
Max Pain$41.19$35.00$45.00$45.00$45.00
ATM IV31.9%22.7%48.3%23.2%25.5%
Expected Move8.8%6.6%13.1%6.6%7.3%
HV 20d36.5%33.3%41.3%36.5%37.5%
HV 60d35.1%32.7%36.2%33.4%32.7%
IV Rank12.2%2.3%29.7%2.9%5.4%
IV Percentile21.4%2.0%70.6%2.0%5.2%
Term Structure-0.1%-9.6%15.4%-1.2%13.5%
VWIV31.2%21.6%46.3%24.7%26.8%
Skew 25d7.4%-9.8%42.3%3.0%7.5%
Skew 10d6.6%-35.3%105.4%3.4%-9.9%
Call IV 25d28.4%14.8%61.3%27.6%25.9%
Put IV 25d35.7%21.2%59.4%30.6%33.4%
Bid-Ask Spread %104.0296.34128.0199.6899.21
Gamma HHI0.340.230.470.460.34
Net GEX32.3K22.5K41.0K23.6K40.8K
Net DEX-1.2M-1.6M-899.8K-976.1K-1.2M
Net VEX-2.6K-3.3K-1.8K-1.8K-2.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.930.004.000.000.00
Total Volume21.19025216
Total OI513.857452577452510

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-06-01$48.99$45.0023.2%6.6%36.5%2.9%24.7%3.0%-1.2%23.6K-976.1K-1.8K0.0099.68N/AN/A1036983
2023-06-02$51.43$45.0023.7%6.8%39.0%3.4%28.3%8.5%-3.2%34.4K-1.3M-1.8K0.02105.11N/AN/A46136983
2023-06-05$49.52$35.0022.7%8.5%40.3%2.3%25.7%4.4%0.7%36.4K-1.1M-2.2K2.33100.28N/AN/A61440883
2023-06-06$50.98$35.0024.7%8.5%41.3%4.5%0.0%6.9%-2.4%37.1K-1.3M-2.2K0.0097.91N/AN/A0040896
2023-06-07$53.50$35.0033.1%6.8%37.9%13.4%22.9%4.9%2.5%41.0K-1.6M-2.0K0.00100.55N/AN/A11040896
2023-06-08$52.35$35.0029.9%8.7%36.6%10.1%0.0%3.2%6.7%37.0K-1.4M-2.3K0.0096.34N/AN/A6041196
2023-06-09$52.12$35.0028.7%11.0%36.8%8.8%0.0%14.3%2.5%32.4K-1.4M-2.6K0.00101.85N/AN/A0141096
2023-06-12$52.62$35.0040.5%7.5%36.7%21.4%0.0%4.9%1.9%38.9K-1.5M-2.0K2.88105.92N/AN/A174941097
2023-06-13$52.52$35.0048.3%7.7%36.1%29.7%28.8%4.6%-1.7%40.0K-1.4M-2.6K0.0098.90N/AN/A140426145
2023-06-14$52.09$35.0027.7%7.9%34.9%7.7%46.3%42.3%2.0%31.8K-1.3M-3.3K0.00116.80N/AN/A2520432145
2023-06-15$52.75$45.0030.6%8.8%33.3%10.8%0.0%0.1%-2.4%30.0K-1.3M-3.3K0.0096.45N/AN/A01394145
2023-06-16$52.45$45.0033.8%9.7%33.4%14.2%0.0%-4.1%-7.3%28.6K-1.2M-3.0K0.00114.23N/AN/A00394145
2023-06-20$52.02$45.0040.8%11.7%33.7%21.7%0.0%-2.5%-0.9%25.7K-1.2M-2.8K1.0098.04N/AN/A33386130
2023-06-21$51.62$45.0026.8%7.7%33.9%6.7%0.0%-9.8%1.9%33.9K-1.2M-3.1K0.00110.35N/AN/A00388133
2023-06-22$50.50$45.0036.4%10.4%34.8%17.0%21.6%6.0%-7.7%29.5K-1.0M-3.1K0.0098.77N/AN/A01388133
2023-06-23$49.15$45.0035.6%10.2%35.5%16.1%44.9%19.7%-5.4%23.1K-899.8K-3.3K4.00108.57N/AN/A28388134
2023-06-26$50.52$45.0045.7%13.1%36.7%27.0%0.0%-6.7%-9.3%22.5K-1.0M-3.0K0.00128.01N/AN/A00387126
2023-06-27$50.98$45.0037.1%10.6%36.6%17.7%0.0%29.0%-9.6%23.0K-1.1M-3.0K0.00100.38N/AN/A00387126
2023-06-28$50.29$45.0029.8%8.5%37.0%9.9%0.0%3.4%2.7%29.7K-1.0M-2.7K0.0097.24N/AN/A00387126
2023-06-29$51.48$45.0025.5%7.3%37.7%5.4%42.1%15.1%15.4%38.1K-1.2M-2.5K0.00109.93N/AN/A03387126
2023-06-30$51.69$45.0025.5%7.3%37.5%5.4%26.8%7.5%13.5%40.8K-1.2M-2.2K0.0099.21N/AN/A60387123