HI Options History — October 2023

In October 2023, HI traded between $37.41 and $43.05. ATM implied volatility averaged 42.3%, placing in the 23.3% IV rank vs the trailing year. The 30-day expected move averaged 11.8%. IV traded above realized volatility by 16.2% (HV 20d: 26.1%). Max pain ranged from $40.00 to $45.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 0.15.

Notable Days

  • 2023-10-13: Highest Volume — 41 contracts
  • 2023-10-27: Largest IV spike — 48.2% change
  • 2023-10-27: Highest IV Rank — 48.1%
  • 2023-10-27: Largest Expected Move — 18.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$39.99$37.41$43.05$43.05$38.06
Max Pain$40.68$40.00$45.00$45.00$40.00
ATM IV42.3%30.8%65.5%62.3%35.7%
Expected Move11.8%8.8%18.8%17.9%10.2%
HV 20d26.1%19.2%33.6%33.6%27.2%
HV 60d27.3%25.4%28.8%26.7%27.6%
IV Rank23.3%11.0%48.1%44.7%16.3%
IV Percentile54.3%17.5%98.0%95.2%32.1%
Term Structure-7.4%-27.9%13.2%-27.9%-18.0%
VWIV46.9%37.0%53.0%53.0%52.8%
Skew 25d-2.2%-41.3%21.5%-18.7%17.3%
Skew 10d10.3%-65.2%36.7%36.7%32.3%
Call IV 25d49.6%30.9%80.6%50.0%48.1%
Put IV 25d47.4%28.7%78.4%31.3%65.4%
Bid-Ask Spread %108.2895.36122.91122.91105.53
Gamma HHI0.360.240.490.370.42
Net GEX6.0K2.5K10.2K2.5K7.7K
Net DEX-324.8K-508.4K-170.7K-508.4K-270.4K
Net VEX-1.4K-1.7K-619-619-1.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.150.000.400.200.29
Total Volume4.81804100
Total OI429.045274521481293

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-10-02$43.05$45.0062.3%17.9%33.6%44.7%0.0%-18.7%-27.9%2.5K-508.4K-6190.00122.91N/AN/A0041269
2023-10-03$41.99$45.0046.7%13.4%24.9%28.1%53.0%-23.0%-10.7%5.6K-423.6K-1.1K0.00112.25N/AN/A0341269
2023-10-04$42.25$45.0041.3%11.8%24.8%22.2%0.0%-41.3%-17.8%6.9K-407.1K-1.2K0.20119.79N/AN/A10241272
2023-10-05$42.05$40.0046.8%10.4%23.2%28.2%37.0%4.7%0.2%10.2K-444.7K-1.4K0.40111.09N/AN/A10442074
2023-10-06$41.89$40.0043.0%9.6%22.8%24.1%0.0%3.3%0.4%5.7K-386.9K-1.2K0.0096.91N/AN/A0043078
2023-10-09$41.58$40.0047.1%10.0%21.8%28.5%0.0%3.3%-2.7%4.1K-386.5K-1.3K0.0099.90N/AN/A0043078
2023-10-10$41.56$40.0030.9%10.2%21.7%11.1%0.0%9.1%-9.0%3.4K-355.7K-1.3K0.00109.15N/AN/A0043078
2023-10-11$41.23$40.0031.7%9.1%21.4%12.0%0.0%-16.0%13.2%3.1K-293.5K-1.1K0.00110.42N/AN/A0043078
2023-10-12$41.27$40.0042.7%12.3%19.2%23.8%0.0%20.8%-12.3%7.0K-451.1K-1.2K0.00113.00N/AN/A0043038
2023-10-13$39.68$40.0030.8%8.8%23.1%11.0%0.0%-2.6%0.0%5.6K-363.4K-1.1K0.00113.71N/AN/A04143038
2023-10-16$40.52$40.0037.0%10.6%24.9%17.6%0.0%4.8%-5.1%4.0K-331.9K-1.6K0.00103.89N/AN/A0443077
2023-10-17$40.89$40.0036.6%10.5%24.7%17.2%0.0%10.8%-2.3%4.9K-358.9K-1.6K0.00112.86N/AN/A0043081
2023-10-18$38.83$40.0042.1%12.1%29.8%23.1%0.0%5.4%-13.7%2.7K-229.8K-1.6K0.00110.19N/AN/A0843081
2023-10-19$38.30$40.0042.8%12.3%29.6%23.9%0.0%-1.6%-2.0%3.9K-198.8K-1.6K0.00107.49N/AN/A5043088
2023-10-20$38.26$40.0043.5%12.5%29.6%24.6%0.0%-10.7%-12.0%7.2K-170.7K-1.6K0.00106.10N/AN/A0043388
2023-10-23$38.16$40.0039.4%11.3%29.6%20.2%44.8%5.6%-10.1%8.1K-261.5K-1.5K0.0098.24N/AN/A4021361
2023-10-24$38.39$40.0032.4%9.3%29.8%12.7%0.0%21.5%-11.4%6.1K-258.7K-1.7K0.00107.37N/AN/A0021761
2023-10-25$38.20$40.0042.9%12.3%27.8%23.9%0.0%-8.1%8.6%7.3K-266.7K-1.5K0.00106.19N/AN/A0021761
2023-10-26$38.41$40.0044.2%12.7%27.7%25.3%0.0%4.8%-7.6%8.3K-257.7K-1.5K0.00107.57N/AN/A0021761
2023-10-27$37.41$40.0065.5%18.8%28.7%48.1%52.8%-2.2%-7.5%9.2K-250.0K-1.6K0.00112.22N/AN/A6021761
2023-10-30$37.81$40.0044.1%12.6%27.8%25.2%0.0%-36.2%-14.3%7.8K-270.6K-1.3K0.2995.36N/AN/A7222361
2023-10-31$38.06$40.0035.7%10.2%27.2%16.3%0.0%17.3%-18.0%7.7K-270.4K-1.5K0.00105.53N/AN/A0023063