HI Options History — January 2025

In January 2025, HI traded between $30.37 and $35.22. ATM implied volatility averaged 70.9%, placing in the 37.2% IV rank vs the trailing year. The 30-day expected move averaged 15.7%. IV traded above realized volatility by 43.7% (HV 20d: 27.2%). Max pain ranged from $30.00 to $35.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 5 of 20 days. Put/call ratio averaged 0.06.

Notable Days

  • 2025-01-17: Highest Volume — 27 contracts
  • 2025-01-06: Largest IV spike — 99.1% change
  • 2025-01-10: Highest IV Rank — 88.9%
  • 2025-01-14: Largest Expected Move — 19.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$33.00$30.37$35.22$30.37$34.13
Max Pain$34.50$30.00$35.00$30.00$35.00
ATM IV70.9%42.9%145.2%42.9%67.3%
Expected Move15.7%12.3%19.4%12.3%19.3%
HV 20d27.2%22.6%35.7%35.7%23.9%
HV 60d44.1%43.6%47.0%47.0%43.9%
IV Rank37.2%17.8%88.9%17.8%34.8%
IV Percentile73.8%47.6%99.6%47.6%81.7%
Term Structure-8.9%-29.1%28.4%21.9%-29.1%
VWIV51.7%39.5%78.1%44.6%49.6%
Skew 25d8.9%-27.7%35.0%10.5%-27.7%
Skew 10d21.6%-24.7%89.8%0.0%11.3%
Call IV 25d69.1%34.7%94.2%35.9%94.2%
Put IV 25d78.0%46.4%98.0%46.4%66.5%
Bid-Ask Spread %126.30114.58134.19122.10127.58
Gamma HHI0.330.190.650.350.20
Net GEX6.6K3.0K19.2K3.0K4.5K
Net DEX-177.5K-294.1K-71.0K-71.0K-208.9K
Net VEX-1.4K-1.6K-1.3K-1.6K-1.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.060.000.430.000.00
Total Volume4.1502700
Total OI418.25298514499324

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-01-02$30.37$30.0042.9%12.3%35.7%17.8%0.0%10.5%21.9%3.0K-71.0K-1.6K0.00122.10N/AN/A00328171
2025-01-03$30.85$30.0046.7%13.4%35.6%20.5%0.0%20.1%28.4%6.5K-71.5K-1.6K0.00119.73N/AN/A20328171
2025-01-06$30.98$35.0093.1%17.2%30.4%52.7%0.0%9.0%-9.2%8.2K-110.0K-1.4K0.00131.88N/AN/A20329171
2025-01-07$30.89$35.00128.2%17.0%30.1%77.1%0.0%6.4%-19.3%7.3K-132.8K-1.6K0.00130.46N/AN/A10331171
2025-01-08$30.93$35.0083.1%13.6%28.1%45.7%44.6%-5.2%-10.7%11.8K-117.2K-1.4K0.00124.36N/AN/A01331171
2025-01-10$30.69$35.00145.2%17.2%27.5%88.9%0.0%4.4%-21.8%7.4K-90.2K-1.5K0.00134.19N/AN/A10331172
2025-01-13$31.43$35.00113.7%18.0%29.0%67.0%0.0%1.6%-24.1%5.3K-93.7K-1.3K0.00133.69N/AN/A05332172
2025-01-14$32.37$35.00118.7%19.4%31.2%70.4%0.0%14.2%1.3%11.9K-184.2K-1.4K0.00127.74N/AN/A40332175
2025-01-15$33.20$35.0053.8%15.4%29.2%25.3%78.1%8.2%-17.2%13.5K-270.2K-1.4K0.00125.47N/AN/A20332175
2025-01-16$33.59$35.0043.6%12.5%28.3%18.3%39.5%22.2%17.8%19.2K-294.1K-1.5K0.00126.72N/AN/A90333175
2025-01-17$33.77$35.0054.1%15.5%26.6%25.6%0.0%5.6%1.4%3.5K-228.4K-1.3K0.00127.33N/AN/A270339175
2025-01-21$35.13$35.0054.8%15.7%22.6%26.1%56.1%12.6%-22.7%3.4K-216.6K-1.4K0.43114.58N/AN/A73178120
2025-01-22$35.00$35.0051.7%14.8%22.6%23.9%0.0%6.5%-16.3%3.9K-226.5K-1.4K0.00122.85N/AN/A00183123
2025-01-23$35.22$35.0060.5%17.3%22.6%30.0%0.0%5.5%-22.0%3.8K-227.8K-1.4K0.00128.77N/AN/A60183123
2025-01-24$34.91$35.0044.9%12.9%23.4%19.2%42.1%35.0%-9.2%3.5K-227.3K-1.4K0.33118.34N/AN/A31189123
2025-01-27$34.55$35.0048.9%14.0%23.8%22.0%0.0%-11.4%-8.1%3.7K-207.3K-1.4K0.00127.20N/AN/A00192124
2025-01-28$34.18$35.0060.5%17.3%24.3%30.0%0.0%12.1%-20.8%3.9K-194.6K-1.4K0.00131.87N/AN/A30192124
2025-01-29$33.81$35.0053.5%15.3%24.0%25.1%49.6%21.8%-10.2%3.6K-178.6K-1.4K0.00127.17N/AN/A60194124
2025-01-30$34.02$35.0052.3%15.0%24.0%24.4%0.0%26.5%-8.1%4.4K-199.3K-1.4K0.00124.04N/AN/A00200124
2025-01-31$34.13$35.0067.3%19.3%23.9%34.8%0.0%-27.7%-29.1%4.5K-208.9K-1.4K0.00127.58N/AN/A00200124