HLIT Options History — February 2013

In February 2013, HLIT traded between $5.29 and $5.78. ATM implied volatility averaged 34.2%, placing in the 17.5% IV rank vs the trailing year. The 30-day expected move averaged 9.6%. IV traded above realized volatility by 3.9% (HV 20d: 30.3%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 8 of 19 days. Put/call ratio averaged 0.10.

Notable Days

  • 2013-02-01: Highest Volume — 500 contracts
  • 2013-02-13: Largest IV spike — 46.0% change
  • 2013-02-04: Highest IV Rank — 25.0%
  • 2013-02-27: Largest Expected Move — 11.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.52$5.29$5.78$5.34$5.69
Max Pain$5.00$5.00$5.00$5.00$5.00
ATM IV34.2%23.8%40.5%28.4%34.7%
Expected Move9.6%6.8%11.6%10.3%9.9%
HV 20d30.3%24.3%32.7%32.3%24.3%
HV 60d30.7%29.3%32.8%32.8%29.3%
IV Rank17.5%5.1%25.0%10.5%18.1%
IV Percentile23.4%1.6%46.8%6.0%21.4%
Term Structure-2.0%-16.0%9.5%0.6%-1.3%
VWIV33.9%28.0%36.4%35.8%36.4%
Bid-Ask Spread %21.3511.7342.1720.0415.21
Gamma HHI0.990.981.000.990.98
Net GEX7.5K2.0K10.3K2.0K4.8K
Net DEX-553.6K-680.1K-302.8K-302.8K-626.2K
Net VEX-941-1.4K-562-1.0K-584
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.100.000.680.000.00
Total Volume54.94705005000
Total OI1,966.8951,6082,1581,6081,823

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2013-02-01$5.34$5.0028.4%10.3%32.3%10.5%35.8%0.0%0.6%2.0K-302.8K-1.0K0.0020.04N/AN/A5000923685
2013-02-04$5.29$5.0040.5%10.0%30.5%25.0%34.9%0.0%-0.4%10.3K-461.1K-1.4K0.0021.75N/AN/A0151,423685
2013-02-05$5.36$5.0040.3%9.2%30.8%24.8%34.3%0.0%5.6%9.7K-505.9K-1.3K0.0041.33N/AN/A0201,423700
2013-02-06$5.35$5.0038.6%9.2%30.2%22.7%0.0%0.0%3.9%10.2K-504.0K-1.3K0.0030.69N/AN/A001,423720
2013-02-07$5.35$5.0036.1%10.3%30.1%19.7%0.0%0.0%-1.0%9.2K-509.6K-1.3K0.0029.64N/AN/A0151,423720
2013-02-08$5.35$5.0035.4%10.1%30.0%18.9%0.0%0.0%1.4%9.0K-506.5K-1.3K0.0042.17N/AN/A5701,423735
2013-02-11$5.44$5.0035.3%10.1%30.4%18.8%0.0%0.0%1.5%9.1K-552.2K-1.1K0.0011.73N/AN/A5001,407735
2013-02-12$5.46$5.0023.8%6.8%30.4%5.1%0.0%0.0%-3.2%9.1K-597.4K-9900.0016.88N/AN/A001,407735
2013-02-13$5.48$5.0034.8%10.0%30.3%18.2%0.0%0.0%-13.7%8.7K-562.1K-1.1K0.0014.15N/AN/A01171,407735
2013-02-14$5.70$5.0028.0%8.0%32.4%10.1%28.0%0.0%9.5%5.8K-680.1K-7750.0016.43N/AN/A10001,399688
2013-02-15$5.68$5.0026.2%7.5%31.4%8.0%0.0%0.0%7.1%5.6K-671.5K-7120.0018.43N/AN/A6901,393688
2013-02-19$5.78$5.0033.7%9.7%31.6%16.9%0.0%0.0%0.1%5.0K-615.3K-6520.6821.04N/AN/A22151,258519
2013-02-20$5.67$5.0035.3%10.1%32.7%18.8%0.0%0.0%-5.4%6.5K-572.8K-7450.0019.06N/AN/A001,265534
2013-02-21$5.59$5.0032.8%9.4%29.8%15.8%36.4%0.0%-4.6%7.5K-555.5K-7900.0018.17N/AN/A5401,265534
2013-02-22$5.68$5.0030.1%8.6%29.2%12.6%0.0%0.0%-6.4%4.7K-629.7K-5620.0012.40N/AN/A0101,293534
2013-02-25$5.54$5.0038.8%11.1%29.7%23.0%0.0%0.0%-5.7%8.8K-514.0K-9380.0013.67N/AN/A001,293530
2013-02-26$5.52$5.0036.2%10.4%29.7%19.9%0.0%0.0%-10.2%9.1K-555.2K-7940.0023.85N/AN/A001,293530
2013-02-27$5.62$5.0040.4%11.6%30.2%24.9%0.0%0.0%-16.0%7.1K-597.3K-6690.0019.01N/AN/A001,293530
2013-02-28$5.69$5.0034.7%9.9%24.3%18.1%0.0%0.0%-1.3%4.8K-626.2K-5840.0015.21N/AN/A001,293530