HI Options History — August 2024

In August 2024, HI traded between $31.97 and $41.80. ATM implied volatility averaged 54.7%, placing in the 49.9% IV rank vs the trailing year. The 30-day expected move averaged 12.5%. IV traded above realized volatility by 6.3% (HV 20d: 48.4%). Max pain ranged from $35.00 to $40.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 4 of 22 days. Put/call ratio averaged 1.82.

Notable Days

  • 2024-08-12: Highest Volume — 109 contracts
  • 2024-08-12: Largest IV spike — 69.7% change
  • 2024-08-07: Highest IV Rank — 100.0%
  • 2024-08-02: Largest Expected Move — 22.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$35.00$31.97$41.80$41.80$32.95
Max Pain$36.14$35.00$40.00$40.00$35.00
ATM IV54.7%26.5%95.8%73.4%35.3%
Expected Move12.5%7.6%22.3%21.0%10.1%
HV 20d48.4%40.6%56.0%51.9%40.6%
HV 60d40.6%38.2%42.3%38.2%41.5%
IV Rank49.9%11.7%100.0%79.6%22.9%
IV Percentile67.8%5.6%100.0%99.2%31.3%
Term Structure-10.3%-36.2%22.0%-18.6%1.5%
VWIV39.2%28.1%54.7%54.7%38.7%
Skew 25d-1.1%-33.6%54.5%54.5%7.6%
Skew 10d-9.3%-64.9%61.4%61.4%-46.3%
Call IV 25d46.8%28.8%99.8%44.9%43.8%
Put IV 25d45.7%22.7%99.3%99.3%51.3%
Bid-Ask Spread %119.74106.68131.93131.93119.68
Gamma HHI0.320.230.460.240.43
Net GEX3.2K2159.8K2.7K2.9K
Net DEX127.3K-32.0K272.6K-21.9K222.5K
Net VEX-1.2K-1.6K-963-1.4K-1.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.820.009.000.000.00
Total Volume23010930
Total OI426.636247575250501

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-08-01$41.80$40.0073.4%21.0%51.9%79.6%0.0%54.5%-18.6%2.7K-21.9K-1.4K0.00131.93N/AN/A30139111
2024-08-02$39.96$40.0077.9%22.3%54.7%86.0%0.0%-19.3%-36.2%46941.5K-1.3K0.00122.18N/AN/A010142111
2024-08-05$38.66$40.0087.0%14.7%56.0%98.8%54.7%29.6%-8.2%39445.1K-1.3K0.35114.72N/AN/A4014142105
2024-08-06$39.27$40.0066.8%11.6%55.7%70.1%0.0%4.9%-11.1%1.2K39.0K-1.5K0.00127.05N/AN/A400180116
2024-08-07$38.33$40.0090.2%11.0%50.8%100.0%46.7%0.9%-0.2%5.3K-32.0K-1.6K0.00119.13N/AN/A160219116
2024-08-08$36.44$35.0058.8%11.3%47.4%56.9%37.6%-0.5%-30.5%9.3K-26.0K-1.4K0.00120.70N/AN/A017270116
2024-08-09$35.84$35.0056.5%11.1%47.5%53.7%0.0%-23.9%-18.9%4.4K125.4K-1.1K0.00130.28N/AN/A015270130
2024-08-12$33.73$35.0095.8%9.8%50.0%100.0%30.8%8.9%-1.5%215220.0K-1.0K0.09123.66N/AN/A1009270143
2024-08-13$34.20$35.0078.8%13.3%48.5%78.3%0.0%-20.1%-24.7%9.8K45.3K-1.5K0.00126.21N/AN/A140370148
2024-08-14$33.48$35.0043.3%12.4%48.5%33.1%0.0%31.6%-7.4%7.8K121.7K-1.3K2.00125.32N/AN/A2346367148
2024-08-15$33.98$35.0040.4%11.6%49.5%29.5%41.1%-7.5%-21.2%5.4K122.8K-1.2K1.08119.41N/AN/A1213370194
2024-08-16$33.51$35.0031.4%9.0%49.4%17.9%32.6%0.3%0.1%2.3K179.2K-1.3K0.08110.86N/AN/A373371204
2024-08-19$33.84$35.0039.4%11.3%48.0%28.1%28.1%-13.6%-9.4%1.1K139.3K-1.3K9.00119.38N/AN/A218280158
2024-08-20$32.80$35.0044.2%12.7%46.7%34.3%44.5%-24.7%-19.5%1.7K197.5K-1.0K0.67106.68N/AN/A32282151
2024-08-21$33.52$35.0050.7%14.5%46.8%42.5%0.0%-24.6%-20.8%1.9K136.8K-1.2K3.00118.59N/AN/A13285153
2024-08-22$32.74$35.0045.9%13.1%46.1%36.4%0.0%-33.6%-12.9%2.3K187.3K-1.1K3.40113.68N/AN/A517285154
2024-08-23$33.55$35.0042.4%12.1%46.8%31.9%43.2%-7.0%-1.0%2.5K157.4K-1.2K7.00126.07N/AN/A17290171
2024-08-26$33.64$35.0026.5%7.6%47.1%11.7%32.9%-1.3%9.9%3.1K172.7K-1.1K1.50108.43N/AN/A23291177
2024-08-27$32.80$35.0041.6%11.9%47.1%30.9%0.0%-6.9%-9.1%1.8K219.5K-1.1K0.00122.37N/AN/A110293180
2024-08-28$31.97$35.0036.3%10.4%43.5%24.2%38.7%12.4%22.0%2.2K272.6K-9634.67109.23N/AN/A314304180
2024-08-29$32.89$35.0041.9%12.0%42.2%31.4%0.0%7.9%-9.3%2.5K234.2K-1.2K0.00118.78N/AN/A20305194
2024-08-30$32.95$35.0035.3%10.1%40.6%22.9%0.0%7.6%1.5%2.9K222.5K-1.2K0.00119.68N/AN/A00307194