HI Options History — April 2024

In April 2024, HI traded between $46.78 and $49.94. ATM implied volatility averaged 32.6%, placing in the 26.3% IV rank vs the trailing year. The 30-day expected move averaged 9.1%. IV traded above realized volatility by 2.3% (HV 20d: 30.3%). Max pain ranged from $45.00 to $50.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 3.69.

Notable Days

  • 2024-04-29: Highest Volume — 62 contracts
  • 2024-04-09: Largest IV spike — 96.6% change
  • 2024-04-10: Highest IV Rank — 70.7%
  • 2024-04-10: Largest Expected Move — 16.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$48.21$46.78$49.94$49.09$48.04
Max Pain$49.32$45.00$50.00$45.00$50.00
ATM IV32.6%18.4%56.3%39.0%34.6%
Expected Move9.1%5.3%16.1%11.2%9.9%
HV 20d30.3%26.0%35.9%27.1%31.8%
HV 60d28.8%26.5%30.4%26.5%30.4%
IV Rank26.3%0.0%70.7%35.9%30.2%
IV Percentile30.5%0.0%89.3%46.8%37.7%
Term Structure-1.4%-13.2%12.8%1.3%-8.3%
VWIV34.0%25.9%40.9%36.2%38.0%
Skew 25d10.8%-9.8%68.8%68.8%-9.8%
Skew 10d3.4%-40.7%69.8%69.8%-40.7%
Call IV 25d33.9%20.5%49.6%49.6%47.6%
Put IV 25d44.7%24.7%118.4%118.4%37.8%
Bid-Ask Spread %98.8981.65112.81112.3192.37
Gamma HHI0.510.310.690.690.31
Net GEX26.3K6.8K43.8K32.0K8.0K
Net DEX-696.6K-919.0K-467.9K-845.9K-467.9K
Net VEX-1.9K-2.2K-1.5K-1.8K-2.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.690.0028.000.006.00
Total Volume15.6820623014
Total OI494.045353582456477

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-04-01$49.09$45.0039.0%11.2%27.1%35.9%0.0%68.8%1.3%32.0K-845.9K-1.8K0.00112.31N/AN/A030325131
2024-04-02$48.27$45.0018.4%5.3%27.9%0.0%0.0%4.2%6.4%36.6K-753.8K-1.8K0.0098.05N/AN/A01325161
2024-04-03$48.35$45.0026.6%7.6%27.8%15.3%0.0%-6.6%1.7%35.5K-735.1K-2.1K0.00112.81N/AN/A00325162
2024-04-04$48.19$50.0032.8%8.6%26.6%26.9%36.2%-1.8%1.9%33.9K-725.7K-2.1K0.00109.02N/AN/A580325162
2024-04-05$48.15$50.0022.3%7.6%26.0%7.2%40.9%17.5%0.5%36.8K-745.3K-2.1K2.00109.81N/AN/A12341162
2024-04-08$49.12$50.0025.0%8.8%26.7%12.4%27.1%19.2%-4.9%40.7K-845.9K-1.9K3.4499.43N/AN/A931341163
2024-04-09$49.94$50.0049.2%5.9%26.5%57.5%25.9%8.1%5.6%43.8K-919.0K-1.9K0.17106.94N/AN/A122347194
2024-04-10$46.88$50.0056.3%16.1%35.1%70.7%37.9%21.0%-7.0%26.2K-583.4K-2.1K1.00103.91N/AN/A22350196
2024-04-11$47.80$50.0027.5%7.9%35.9%17.0%0.0%4.9%-3.4%32.8K-697.6K-1.8K0.0091.35N/AN/A00354197
2024-04-12$46.78$50.0035.2%10.1%33.5%31.4%0.0%5.7%-5.3%20.1K-587.1K-1.7K0.0088.80N/AN/A00354197
2024-04-15$47.14$50.0033.1%9.5%31.7%27.5%0.0%3.3%-2.6%26.9K-660.2K-1.7K0.0081.65N/AN/A90354197
2024-04-16$47.06$50.0029.4%8.4%31.6%20.5%0.0%6.6%12.8%28.4K-649.9K-1.7K28.0096.75N/AN/A128355197
2024-04-17$46.98$50.0033.3%9.5%31.6%27.8%0.0%3.5%-4.3%27.4K-627.9K-1.8K0.0087.25N/AN/A10356224
2024-04-18$47.30$50.0033.8%9.7%30.0%28.8%0.0%2.4%-2.6%24.8K-678.4K-1.8K0.0087.19N/AN/A100356225
2024-04-19$48.02$50.0037.0%10.6%30.3%34.7%0.0%24.7%-13.2%6.8K-671.7K-1.7K0.00110.48N/AN/A20357225
2024-04-22$48.19$50.0020.2%5.8%30.3%3.5%27.4%3.6%10.5%13.2K-551.3K-1.5K0.00106.78N/AN/A610230123
2024-04-23$49.10$50.0030.3%8.7%31.0%22.3%35.2%35.7%-7.6%17.7K-713.3K-2.2K0.20111.57N/AN/A51290123
2024-04-24$48.87$50.0030.8%8.8%31.0%23.2%35.9%11.9%-1.3%20.2K-713.5K-2.1K0.00105.92N/AN/A10294123
2024-04-25$48.47$50.0032.5%9.3%31.1%26.4%0.0%6.9%2.2%21.7K-677.6K-2.0K0.0093.23N/AN/A00294123
2024-04-26$49.43$50.0033.1%9.5%31.8%27.4%0.0%4.4%-3.9%23.4K-743.0K-2.0K0.0082.51N/AN/A00294123
2024-04-29$49.52$50.0035.8%10.3%30.4%32.4%36.0%3.2%-8.4%22.8K-732.5K-2.1K14.5087.48N/AN/A458294123
2024-04-30$48.04$50.0034.6%9.9%31.8%30.2%38.0%-9.8%-8.3%8.0K-467.9K-2.1K6.0092.37N/AN/A212298179