HLIT Options History — May 2013

In May 2013, HLIT traded between $5.53 and $6.25. ATM implied volatility averaged 44.9%, placing in the 30.2% IV rank vs the trailing year. The 30-day expected move averaged 9.6%. IV traded above realized volatility by 12.0% (HV 20d: 32.8%). Max pain ranged from $5.00 to $7.50. Net GEX was positive for 15 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 1.64.

Notable Days

  • 2013-05-07: Highest Volume — 262 contracts
  • 2013-05-16: Largest IV drop — 64.4% change
  • 2013-05-15: Highest IV Rank — 78.7%
  • 2013-05-29: Largest Expected Move — 12.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.95$5.53$6.25$5.53$6.10
Max Pain$7.16$5.00$7.50$5.00$7.50
ATM IV44.9%30.4%85.5%33.6%41.1%
Expected Move9.6%6.8%12.6%9.6%11.8%
HV 20d32.8%18.1%45.4%44.8%18.4%
HV 60d30.6%29.7%31.7%31.1%29.8%
IV Rank30.2%13.0%78.7%16.8%25.8%
IV Percentile55.7%13.1%97.2%22.2%53.6%
Term Structure-2.5%-19.7%16.1%5.3%-16.4%
VWIV36.3%22.7%49.6%35.0%49.6%
Bid-Ask Spread %16.198.42109.1812.1411.47
Gamma HHI0.620.510.980.980.86
Net GEX680-4.1K2.7K9862.3K
Net DEX536.7K428.8K614.8K428.8K552.3K
Net VEX-860-1.3K-602-851-787
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.640.009.359.350.00
Total Volume47.682026220727
Total OI2,485.9552,2602,5552,2602,487

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2013-05-01$5.53$5.0033.6%9.6%44.8%16.8%35.0%0.0%5.3%986428.8K-8519.3512.14N/AN/A201879511,309
2013-05-02$5.61$5.0038.5%11.0%45.1%22.7%34.1%0.0%-7.2%1.8K512.5K-8241.6418.72N/AN/A11189711,474
2013-05-03$5.72$5.0038.5%11.0%45.4%22.7%0.0%0.0%5.5%-275502.5K-9060.0010.76N/AN/A009711,483
2013-05-06$5.84$7.5044.8%7.2%45.3%30.1%0.0%0.0%-1.7%2.5K527.4K-7210.0012.68N/AN/A009711,483
2013-05-07$5.89$7.5048.3%6.8%45.3%34.4%22.7%0.0%16.1%2.7K523.8K-6950.678.45N/AN/A1571059711,483
2013-05-08$5.84$7.5043.3%7.4%43.5%28.4%0.0%0.0%4.7%-3.7K437.7K-1.3K0.008.42N/AN/A009941,561
2013-05-09$5.82$7.5052.8%7.6%43.5%39.7%0.0%0.0%9.8%2.7K550.9K-7290.009.85N/AN/A019941,561
2013-05-10$5.88$7.5051.1%7.9%43.7%37.8%0.0%0.0%10.8%2.5K552.9K-7480.008.95N/AN/A0129941,561
2013-05-13$5.85$7.5068.0%7.7%36.5%57.9%0.0%0.0%9.6%-3.4K453.9K-1.2K0.0010.47N/AN/A009941,552
2013-05-14$5.90$7.5069.3%8.1%35.8%59.5%0.0%0.0%1.4%-2.7K486.6K-1.1K0.008.95N/AN/A009941,552
2013-05-15$6.00$7.5085.5%8.6%34.4%78.7%0.0%0.0%-3.3%2.0K552.2K-7140.0012.36N/AN/A7009941,552
2013-05-16$5.93$7.5030.4%8.7%34.7%13.0%0.0%0.0%-0.5%2.3K577.7K-6020.0312.50N/AN/A10039271,552
2013-05-17$6.05$7.5034.5%9.9%35.2%17.9%0.0%0.0%-13.4%1.2K578.0K-8170.0016.76N/AN/A0259981,552
2013-05-20$6.08$7.5034.7%9.9%26.5%18.1%0.0%0.0%-7.9%1.2K590.2K-8630.0015.65N/AN/A009851,494
2013-05-21$6.07$7.5043.8%12.6%25.4%29.0%0.0%0.0%-6.2%-297572.7K-7670.00109.18N/AN/A1009851,494
2013-05-22$6.05$7.5030.9%8.9%20.8%13.5%0.0%0.0%-2.6%2.7K591.7K-8020.0010.96N/AN/A009851,494
2013-05-23$6.07$7.5033.9%9.7%19.2%17.2%0.0%0.0%-4.7%1.9K592.1K-7740.008.67N/AN/A6909851,494
2013-05-24$6.10$7.5036.4%10.4%19.2%20.1%40.2%0.0%-10.4%1.7K614.8K-9130.0011.36N/AN/A0149931,494
2013-05-28$6.25$7.5042.1%12.1%20.4%27.0%49.6%0.0%-8.6%-4.1K537.9K-9983.0811.46N/AN/A401239931,480
2013-05-29$6.23$7.5044.0%12.6%20.5%29.2%0.0%0.0%-19.7%-728526.8K-9220.0016.31N/AN/A0571,0321,410
2013-05-30$6.15$7.5041.2%11.8%18.1%25.9%0.0%0.0%-16.0%1.6K543.7K-8490.0010.19N/AN/A001,0321,455
2013-05-31$6.10$7.5041.1%11.8%18.4%25.8%0.0%0.0%-16.4%2.3K552.3K-7870.0011.47N/AN/A2701,0321,455