HLIT Options History — April 2013

In April 2013, HLIT traded between $5.47 and $6.02. ATM implied volatility averaged 36.3%, placing in the 20.0% IV rank vs the trailing year. The 30-day expected move averaged 10.2%. IV traded above realized volatility by 5.2% (HV 20d: 31.1%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 3.54.

Notable Days

2013-04-29: Highest Volume — 825 contracts
2013-04-17: Largest IV spike — 55.1% change
2013-04-19: Highest IV Rank — 33.8%
2013-04-19: Largest Expected Move — 13.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$5.70	$5.47	$6.02	$5.77	$5.68
Max Pain	$5.00	$5.00	$5.00	$5.00	$5.00
ATM IV	36.3%	26.2%	47.8%	38.4%	33.0%
Expected Move	10.2%	7.5%	13.7%	11.0%	9.5%
HV 20d	31.1%	15.2%	45.6%	15.2%	43.7%
HV 60d	28.3%	24.8%	32.5%	27.4%	30.7%
IV Rank	20.0%	8.0%	33.8%	22.5%	16.0%
IV Percentile	36.0%	4.0%	78.2%	44.8%	20.2%
Term Structure	-4.0%	-20.8%	15.3%	-17.4%	1.1%
VWIV	37.9%	26.0%	46.0%	40.7%	28.8%
Bid-Ask Spread %	17.53	7.23	32.00	26.37	9.95
Gamma HHI	0.64	0.50	1.00	0.50	0.69
Net GEX	3.2K	683	5.5K	4.1K	683
Net DEX	-287.9K	-453.7K	381.0K	-398.7K	381.0K
Net VEX	-770	-870	-701	-701	-857
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	3.54	0.00	40.25	3.33	4.56
Total Volume	91.818	0	825	65	89
Total OI	1,487.364	848	2,179	1,495	2,179

Daily Data (22 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2013-04-01	$5.77	$5.00	38.4%	11.0%	15.2%	22.5%	0.0%	0.0%	-17.4%	4.1K	-398.7K	-701	3.33	26.37	N/A	N/A	15	50	1,105	390
2013-04-02	$5.57	$5.00	40.0%	11.5%	20.0%	24.4%	0.0%	0.0%	-7.6%	5.4K	-354.2K	-777	0.00	24.42	N/A	N/A	40	0	1,120	440
2013-04-03	$5.59	$5.00	40.5%	11.6%	18.7%	25.1%	0.0%	0.0%	-17.9%	5.5K	-372.6K	-870	0.00	30.91	N/A	N/A	0	0	1,140	440
2013-04-04	$5.60	$5.00	31.2%	8.9%	18.7%	13.9%	0.0%	0.0%	-2.5%	4.2K	-377.9K	-763	0.33	22.57	N/A	N/A	15	5	1,140	440
2013-04-05	$5.55	$5.00	34.9%	10.4%	18.3%	18.3%	40.7%	0.0%	7.8%	4.9K	-372.0K	-818	1.00	32.00	N/A	N/A	10	10	1,151	445
2013-04-08	$5.68	$5.00	40.8%	10.4%	20.2%	25.3%	42.4%	0.0%	8.4%	3.6K	-401.0K	-792	2.00	19.73	N/A	N/A	10	20	1,151	455
2013-04-09	$5.72	$5.00	39.7%	9.9%	20.4%	24.1%	0.0%	0.0%	-7.0%	2.8K	-411.3K	-780	0.00	7.96	N/A	N/A	0	0	1,151	475
2013-04-10	$5.93	$5.00	39.9%	8.6%	24.1%	24.4%	31.1%	0.0%	8.2%	2.6K	-444.4K	-763	2.05	11.84	N/A	N/A	20	41	1,151	475
2013-04-11	$5.91	$5.00	28.5%	8.2%	24.0%	10.7%	0.0%	0.0%	9.1%	2.7K	-453.7K	-781	0.00	9.78	N/A	N/A	50	0	1,169	507
2013-04-12	$5.89	$5.00	29.6%	8.5%	23.9%	12.0%	0.0%	0.0%	8.0%	2.9K	-450.3K	-796	0.00	11.95	N/A	N/A	0	22	1,169	507
2013-04-15	$5.52	$5.00	34.1%	9.8%	32.9%	17.4%	0.0%	0.0%	0.3%	4.1K	-384.6K	-821	0.00	14.53	N/A	N/A	20	0	1,169	529
2013-04-16	$5.65	$5.00	26.2%	7.5%	34.0%	8.0%	26.0%	0.0%	15.3%	2.8K	-402.4K	-750	0.00	14.58	N/A	N/A	0	10	1,159	529
2013-04-17	$5.50	$5.00	40.7%	11.7%	34.8%	25.2%	45.6%	0.0%	4.6%	3.6K	-368.9K	-777	0.00	30.89	N/A	N/A	0	20	1,159	534
2013-04-18	$5.47	$5.00	38.8%	11.1%	34.3%	23.0%	0.0%	0.0%	-9.9%	3.1K	-358.9K	-752	0.00	15.64	N/A	N/A	0	0	1,143	550
2013-04-19	$5.51	$5.00	47.8%	13.7%	34.2%	33.8%	0.0%	0.0%	-9.1%	1.5K	-370.4K	-728	0.00	30.27	N/A	N/A	174	0	1,143	550
2013-04-22	$5.89	$5.00	37.9%	10.9%	41.9%	21.9%	43.1%	0.0%	-10.8%	2.2K	-145.8K	-723	2.00	16.71	N/A	N/A	2	4	615	233
2013-04-23	$6.02	$5.00	38.8%	11.1%	42.6%	23.0%	0.0%	0.0%	-20.8%	2.5K	-165.2K	-763	0.00	16.33	N/A	N/A	127	0	617	237
2013-04-24	$5.79	$5.00	42.1%	12.1%	45.0%	27.0%	0.0%	0.0%	-17.5%	2.5K	-138.9K	-753	0.00	9.93	N/A	N/A	16	0	744	237
2013-04-25	$5.68	$5.00	35.2%	10.1%	45.5%	18.7%	46.0%	0.0%	-18.3%	2.3K	-129.0K	-710	0.00	7.23	N/A	N/A	60	0	744	237
2013-04-26	$5.71	$5.00	31.8%	9.1%	45.6%	14.7%	0.0%	0.0%	-10.1%	2.9K	-163.0K	-735	1.13	12.53	N/A	N/A	171	194	802	237
2013-04-29	$5.69	$5.00	27.9%	8.0%	45.6%	10.0%	28.8%	0.0%	-2.8%	2.6K	-51.4K	-734	40.25	9.56	N/A	N/A	20	805	923	431
2013-04-30	$5.68	$5.00	33.0%	9.5%	43.7%	16.0%	0.0%	0.0%	1.1%	683	381.0K	-857	4.56	9.95	N/A	N/A	16	73	943	1,236