HI Options History — September 2024

In September 2024, HI traded between $26.25 and $31.20. ATM implied volatility averaged 67.2%, placing in the 63.6% IV rank vs the trailing year. The 30-day expected move averaged 18.2%. IV traded above realized volatility by 24.2% (HV 20d: 43.0%). Max pain ranged from $30.00 to $40.00. Net GEX was positive for 11 of 20 trading days. Term structure was in contango for 5 of 20 days. Put/call ratio averaged 2.45.

Notable Days

  • 2024-09-17: Highest Volume — 124 contracts
  • 2024-09-17: Largest IV spike — 101.7% change
  • 2024-09-18: Highest IV Rank — 96.0%
  • 2024-09-18: Largest Expected Move — 26.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$27.80$26.25$31.20$31.20$27.75
Max Pain$33.00$30.00$40.00$35.00$30.00
ATM IV67.2%41.1%92.7%53.2%69.0%
Expected Move18.2%10.4%26.6%15.3%19.8%
HV 20d43.0%40.0%45.3%42.9%44.2%
HV 60d45.2%42.7%46.8%42.7%46.8%
IV Rank63.6%30.3%96.0%45.7%65.8%
IV Percentile88.9%50.4%99.6%84.5%91.3%
Term Structure-13.7%-45.9%20.2%-24.1%-7.2%
VWIV47.0%31.9%75.3%68.4%31.9%
Skew 25d9.4%-69.6%71.3%-23.3%61.3%
Skew 10d-1.4%-66.2%71.2%9.7%54.5%
Call IV 25d58.7%38.1%95.1%64.5%57.9%
Put IV 25d68.1%25.6%123.5%41.2%119.1%
Bid-Ask Spread %115.94104.81125.74125.74117.41
Gamma HHI0.460.240.760.290.55
Net GEX1.4K-4.2K6.9K8826.2K
Net DEX284.3K73.4K539.5K337.6K73.4K
Net VEX-1.3K-1.8K-644-880-1.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.450.0020.000.000.00
Total Volume23.31124111
Total OI591.3501674501591

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-09-03$31.20$35.0053.2%15.3%42.9%45.7%0.0%-23.3%-24.1%882337.6K-8800.00125.74N/AN/A110307194
2024-09-04$30.88$35.0068.0%19.5%41.8%64.6%68.4%10.6%-31.0%1.1K321.3K-95120.00116.11N/AN/A120314194
2024-09-05$30.05$40.0062.6%11.8%41.9%57.7%39.0%-3.1%-8.3%-192337.5K-9761.67120.39N/AN/A610315214
2024-09-06$29.16$35.0081.9%19.1%40.0%82.3%0.0%-11.4%-41.3%-1.2K351.5K-8693.00119.95N/AN/A412321204
2024-09-09$27.25$35.0066.2%18.4%44.8%62.3%37.9%48.2%2.4%-915395.6K-6445.88107.57N/AN/A17100321211
2024-09-10$26.45$35.0072.7%10.4%41.7%70.5%31.9%-30.6%-2.3%-4.2K539.5K-8833.33109.77N/AN/A930336278
2024-09-11$26.25$35.0061.3%17.6%40.6%56.1%0.0%-18.5%-18.4%-3.4K503.5K-1.2K0.30124.42N/AN/A103343289
2024-09-12$26.43$35.0071.1%20.4%41.1%68.5%0.0%26.3%-17.5%-2.3K437.3K-1.4K0.50119.66N/AN/A21353290
2024-09-13$27.27$35.0077.8%22.3%42.9%77.0%0.0%-69.6%-45.9%-2.5K481.9K-1.2K0.00123.49N/AN/A02355289
2024-09-16$26.91$35.0041.1%11.8%42.9%30.3%0.0%-34.8%-2.2%-3.0K493.3K-1.1K0.00119.41N/AN/A05355291
2024-09-17$27.44$35.0082.9%23.8%43.6%83.5%45.4%52.7%-24.8%-1.5K368.6K-1.3K0.00104.81N/AN/A1240355252
2024-09-18$27.48$30.0092.7%26.6%43.1%96.0%0.0%71.2%-30.3%2.2K94.3K-1.8K1.00119.06N/AN/A11448226
2024-09-19$28.37$30.0047.6%13.6%44.2%38.6%42.0%9.3%5.8%5.0K178.5K-1.5K2.50118.53N/AN/A25449225
2024-09-20$27.45$30.0063.5%18.2%44.8%58.9%0.0%-2.7%-31.0%4.5K187.7K-1.5K0.00116.08N/AN/A10451222
2024-09-23$27.11$30.0065.9%18.9%43.0%62.0%48.1%22.0%-23.7%4.7K148.5K-1.3K0.19105.78N/AN/A214347171
2024-09-24$27.29$30.0076.0%21.8%43.2%74.8%75.3%24.4%-11.8%5.0K108.5K-1.4K0.76114.67N/AN/A2519367175
2024-09-25$26.45$30.0079.3%22.7%43.5%79.0%50.0%-22.3%4.5%4.5K134.9K-1.7K0.00117.89N/AN/A40395194
2024-09-26$27.22$30.0062.0%17.8%45.3%57.0%0.0%6.7%12.6%5.5K105.1K-1.6K5.00112.15N/AN/A210398193
2024-09-27$27.61$30.0049.4%14.2%44.0%40.9%31.9%71.3%20.2%6.9K87.8K-1.7K0.00105.90N/AN/A30400193
2024-09-30$27.75$30.0069.0%19.8%44.2%65.8%0.0%61.3%-7.2%6.2K73.4K-1.7K0.00117.41N/AN/A10398193