HI Options History — April 2025

In April 2025, HI traded between $19.15 and $24.79. ATM implied volatility averaged 102.8%, placing in the 47.8% IV rank vs the trailing year. The 30-day expected move averaged 25.2%. IV traded above realized volatility by 9.0% (HV 20d: 93.8%). Max pain ranged from $22.50 to $35.00. Net GEX was positive for 4 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 1.96.

Notable Days

  • 2025-04-17: Highest Volume — 36 contracts
  • 2025-04-04: Largest IV spike — 60.5% change
  • 2025-04-04: Highest IV Rank — 100.0%
  • 2025-04-14: Largest Expected Move — 30.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.50$19.15$24.79$24.05$20.23
Max Pain$27.38$22.50$35.00$35.00$22.50
ATM IV102.8%59.1%207.0%62.1%99.1%
Expected Move25.2%14.0%30.8%14.0%28.4%
HV 20d93.8%41.7%115.9%41.7%115.9%
HV 60d67.2%44.8%77.5%44.8%77.5%
IV Rank47.8%22.1%100.0%31.2%43.1%
IV Percentile87.4%59.5%100.0%67.1%90.9%
Term Structure-29.6%-63.3%18.9%-15.2%-23.4%
VWIV69.8%53.7%111.8%56.7%55.2%
Skew 25d1.8%-61.8%53.7%-23.3%16.6%
Skew 10d41.0%-92.3%127.6%8.9%-92.3%
Call IV 25d104.6%48.9%143.6%61.4%64.0%
Put IV 25d106.4%38.1%148.5%38.1%80.6%
Bid-Ask Spread %132.84105.36146.37105.36134.97
Gamma HHI0.310.180.470.470.26
Net GEX-2.9K-8.4K1.7K-7.4K1.7K
Net DEX236.7K33.6K428.2K283.2K75.7K
Net VEX-552-745-414-671-488
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.960.0014.005.000.67
Total Volume8.85703665
Total OI386.81217508473252

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-04-01$24.05$35.0062.1%14.0%41.7%31.2%56.7%-23.3%-15.2%-7.4K283.2K-6715.00105.36N/AN/A15222251
2025-04-02$24.79$30.0068.8%19.0%43.7%35.8%57.3%33.6%-26.4%-8.4K268.2K-7080.00133.04N/AN/A011223247
2025-04-03$21.55$30.00108.2%24.9%64.0%63.2%0.0%9.3%-39.1%-3.8K286.9K-7450.00143.21N/AN/A010223256
2025-04-04$20.14$30.00173.6%28.2%66.7%100.0%0.0%8.1%-21.3%-4.3K368.9K-5514.50145.29N/AN/A418223256
2025-04-07$20.25$30.00192.8%28.1%66.0%100.0%111.8%20.2%-34.8%-4.1K382.0K-52014.00135.34N/AN/A114220266
2025-04-08$19.15$30.00207.0%29.6%67.4%100.0%0.0%5.3%-34.9%-3.8K354.4K-5680.00133.58N/AN/A40221283
2025-04-09$23.37$30.0093.5%26.8%101.9%40.2%79.7%31.3%-18.7%-6.1K347.6K-7160.00126.80N/AN/A10225283
2025-04-10$20.70$30.00103.9%29.8%108.3%45.7%0.0%-23.3%-47.3%-5.4K379.7K-6260.00135.18N/AN/A20225283
2025-04-11$21.39$30.00102.2%29.3%109.1%44.8%53.7%-4.3%-63.3%-5.5K328.7K-6050.00132.92N/AN/A015225263
2025-04-14$21.12$30.00107.4%30.8%108.2%47.5%0.0%8.1%-25.7%-6.7K370.6K-5250.00139.54N/AN/A00225273
2025-04-15$21.00$30.0078.6%22.5%107.8%32.3%65.5%-1.5%-11.5%-6.2K357.0K-4710.00125.21N/AN/A09225253
2025-04-16$20.30$30.0090.6%26.0%106.0%38.7%58.7%24.6%-45.7%-1.1K428.2K-4140.00136.91N/AN/A50225257
2025-04-17$20.59$30.0059.1%16.9%106.4%22.1%54.6%53.7%18.9%-711279.9K-4320.50139.26N/AN/A2412240184
2025-04-21$20.38$22.5093.0%26.7%106.3%39.9%0.0%33.4%-19.0%-5587.4K-4670.00146.37N/AN/A00114103
2025-04-22$21.12$22.5086.3%24.7%106.7%36.4%62.7%21.9%-21.6%-3289.8K-4720.29138.87N/AN/A72114103
2025-04-23$21.38$22.5086.2%24.7%107.0%36.3%87.8%-16.6%-38.2%-34476.0K-5090.00135.68N/AN/A30116105
2025-04-24$22.57$22.5088.6%25.4%109.4%37.6%0.0%-24.4%-40.6%-35858.8K-5340.00131.78N/AN/A00119105
2025-04-25$22.38$22.5068.1%19.5%109.4%26.8%65.2%-61.8%-20.7%11673.8K-4830.05117.58N/AN/A201119105
2025-04-28$22.48$22.5082.4%23.6%109.2%34.3%0.0%-38.9%-36.2%66141.2K-5220.00131.22N/AN/A50139104
2025-04-29$22.66$22.50107.3%30.8%109.1%47.4%98.0%-33.8%-58.0%79233.6K-5562.50121.59N/AN/A25144104
2025-04-30$20.23$22.5099.1%28.4%115.9%43.1%55.2%16.6%-23.4%1.7K75.7K-4880.67134.97N/AN/A32146106