HLIT Options History — April 2010

In April 2010, HLIT traded between $6.32 and $7.23. ATM implied volatility averaged 43.8%, placing in the 30.2% IV rank vs the trailing year. The 30-day expected move averaged 12.4%. IV traded above realized volatility by 21.5% (HV 20d: 22.3%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 0.11.

Notable Days

  • 2010-04-22: Highest Volume — 601 contracts
  • 2010-04-13: Largest IV spike — 43.3% change
  • 2010-04-13: Highest IV Rank — 48.5%
  • 2010-04-30: Largest Expected Move — 14.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.92$6.32$7.23$6.32$6.84
Max Pain$5.00$5.00$5.00$5.00$5.00
ATM IV43.8%32.7%54.0%42.6%50.0%
Expected Move12.4%9.8%14.3%12.2%14.3%
HV 20d22.3%14.6%31.0%14.7%31.0%
HV 60d24.7%23.1%25.8%24.3%25.7%
IV Rank30.2%10.4%48.5%28.0%41.4%
IV Percentile44.2%11.1%73.0%36.1%70.2%
Term Structure-2.6%-14.4%17.4%-14.4%-6.5%
VWIV45.7%42.3%50.0%45.6%50.0%
Skew 25d20.7%-12.2%61.6%6.5%6.9%
Skew 10d27.9%-9.6%79.0%11.1%3.5%
Call IV 25d42.2%22.9%50.9%45.1%50.9%
Put IV 25d62.9%32.4%108.8%51.7%57.8%
Bid-Ask Spread %18.419.4831.0211.3131.02
Gamma HHI0.690.530.880.530.71
Net GEX20.0K11.5K45.0K11.5K21.3K
Net DEX-734.8K-936.8K-482.7K-482.7K-769.6K
Net VEX-2.1K-2.9K-1.3K-1.5K-2.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.110.000.500.000.33
Total Volume112.6670601040
Total OI2,946.9522,2623,6062,9643,080

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2010-04-01$6.32$5.0042.6%12.2%14.7%28.0%0.0%6.5%-14.4%11.5K-482.7K-1.5K0.0011.31N/AN/A002,499465
2010-04-05$6.39$5.0048.5%10.6%14.6%38.6%0.0%8.9%12.7%12.6K-498.5K-1.4K0.009.48N/AN/A002,499465
2010-04-06$6.43$5.0048.6%10.8%15.0%38.7%0.0%-12.2%-7.5%14.6K-516.9K-1.3K0.0024.48N/AN/A802,479465
2010-04-07$6.66$5.0041.7%9.8%19.5%26.4%0.0%16.6%17.4%13.6K-553.4K-1.5K0.1510.69N/AN/A132202,487465
2010-04-08$6.86$5.0032.7%12.3%22.0%10.4%0.0%-1.8%-1.7%15.5K-603.5K-1.4K0.0514.11N/AN/A8042,487465
2010-04-09$6.91$5.0032.9%12.4%22.0%10.8%0.0%0.4%-4.0%18.3K-653.7K-1.7K0.1116.37N/AN/A91102,639465
2010-04-12$6.93$5.0037.7%13.0%21.9%19.4%45.6%0.0%-6.6%18.4K-666.1K-1.7K0.2917.31N/AN/A96282,703467
2010-04-13$6.94$5.0054.0%13.0%18.4%48.5%0.0%-1.0%-5.5%23.7K-703.8K-1.8K0.0017.84N/AN/A502,759485
2010-04-14$7.20$5.0040.9%12.1%21.7%25.1%42.3%45.0%-3.7%38.8K-824.5K-1.8K0.0317.22N/AN/A410132,760485
2010-04-15$7.23$5.0041.7%12.0%21.2%26.5%0.0%45.9%-2.3%45.0K-883.0K-2.0K0.0516.00N/AN/A8543,093498
2010-04-16$7.08$5.0042.8%12.3%23.2%28.5%0.0%2.8%-2.5%15.2K-759.3K-2.1K0.0020.39N/AN/A3503,108498
2010-04-19$7.00$5.0044.5%12.8%23.6%31.4%0.0%49.1%-2.8%15.0K-758.2K-1.7K0.5022.78N/AN/A20102,008254
2010-04-20$7.05$5.0043.2%12.4%23.6%29.2%0.0%50.7%-1.5%15.4K-778.4K-2.1K0.0013.51N/AN/A8702,028264
2010-04-21$7.11$5.0044.0%12.6%23.6%30.5%44.0%51.3%-1.3%16.5K-818.4K-2.0K0.0617.57N/AN/A161102,077264
2010-04-22$7.18$5.0046.5%13.3%23.1%35.1%46.6%6.7%-2.8%18.1K-892.1K-2.3K0.1816.68N/AN/A511902,236274
2010-04-23$7.17$5.0045.2%13.0%23.1%32.8%0.0%50.4%-3.8%21.3K-936.8K-2.9K0.0021.48N/AN/A6702,568364
2010-04-26$7.15$5.0047.9%13.7%23.2%37.5%0.0%4.7%-5.2%21.6K-932.3K-2.8K0.0020.55N/AN/A002,568364
2010-04-27$6.89$5.0041.3%11.8%27.5%25.7%0.0%0.0%-5.6%20.0K-817.0K-2.7K0.0024.31N/AN/A12902,577364
2010-04-28$6.90$5.0047.3%13.6%27.1%36.5%0.0%1.4%-4.2%20.0K-745.5K-2.8K0.0023.32N/AN/A10002,516364
2010-04-29$7.07$5.0045.6%13.1%27.8%33.4%45.4%61.6%-2.9%23.0K-838.3K-2.9K0.2020.15N/AN/A100202,616364
2010-04-30$6.84$5.0050.0%14.3%31.0%41.4%50.0%6.9%-6.5%21.3K-769.6K-2.9K0.3331.02N/AN/A30102,716364