HLIT Options History — July 2013

In July 2013, HLIT traded between $6.47 and $7.71. ATM implied volatility averaged 30.1%, placing in the 12.6% IV rank vs the trailing year. The 30-day expected move averaged 8.3%. IV traded above realized volatility by 6.6% (HV 20d: 23.6%). Max pain ranged from $5.00 to $7.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 15 of 22 days. Put/call ratio averaged 0.35.

Notable Days

  • 2013-07-24: Highest Volume — 405 contracts
  • 2013-07-22: Largest IV spike — 54.8% change
  • 2013-07-05: Highest IV Rank — 29.5%
  • 2013-07-02: Largest Expected Move — 10.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.04$6.47$7.71$6.48$7.66
Max Pain$7.16$5.00$7.50$5.00$7.50
ATM IV30.1%20.5%44.2%32.3%20.5%
Expected Move8.3%5.9%10.4%9.3%5.9%
HV 20d23.6%14.1%39.1%21.5%38.8%
HV 60d26.0%19.0%30.3%30.3%27.3%
IV Rank12.6%1.2%29.5%15.2%1.2%
IV Percentile16.7%0.4%65.9%18.7%0.4%
Term Structure2.3%-13.9%13.4%-5.5%-0.8%
VWIV33.1%17.5%69.6%37.6%28.3%
Skew 25d29.4%5.1%75.5%11.8%17.9%
Skew 10d46.6%2.8%107.0%4.7%73.3%
Call IV 25d34.3%22.0%51.2%23.1%36.8%
Put IV 25d63.7%33.4%116.5%34.9%54.7%
Bid-Ask Spread %17.984.8295.699.7115.73
Gamma HHI0.970.950.990.970.99
Net GEX14.6K6.4K26.7K7.2K24.6K
Net DEX-356.7K-574.5K-228.4K-233.1K-565.1K
Net VEX-1.2K-1.6K-826-848-1.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.350.005.330.000.00
Total Volume60.77304051014
Total OI1,378.9091,1231,5301,2781,453

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2013-07-01$6.48$5.0032.3%9.3%21.5%15.2%0.0%0.0%-5.5%7.2K-233.1K-8480.009.71N/AN/A1001,024254
2013-07-02$6.47$5.0036.4%10.4%21.4%20.1%0.0%11.8%-13.1%7.1K-235.2K-8700.009.83N/AN/A201,029254
2013-07-03$6.47$5.0034.1%9.8%21.1%17.3%0.0%0.0%-13.9%6.4K-228.4K-8260.006.32N/AN/A001,031254
2013-07-05$6.55$7.5044.2%9.1%20.9%29.5%0.0%15.9%13.4%8.0K-255.9K-8850.007.71N/AN/A1901,031254
2013-07-08$6.63$7.5032.7%8.4%19.7%15.7%37.6%11.3%12.1%8.3K-259.3K-8391.055.65N/AN/A20211,038254
2013-07-09$6.68$7.5032.7%8.2%18.8%15.7%36.5%0.0%12.8%8.5K-254.8K-8695.334.82N/AN/A3161,053275
2013-07-10$6.73$7.5032.8%7.9%17.9%15.8%0.0%0.0%9.5%9.1K-248.7K-8420.376.22N/AN/A70261,053291
2013-07-11$6.88$7.5032.1%9.2%18.8%15.0%31.8%36.9%-0.4%9.8K-276.0K-9680.066.48N/AN/A10161,073317
2013-07-12$6.89$7.5031.0%8.9%18.7%13.7%0.0%39.7%2.2%10.5K-299.7K-1.1K0.005.81N/AN/A4001,143323
2013-07-15$7.00$7.5032.0%9.2%17.0%14.9%32.0%5.1%2.5%11.7K-336.8K-1.2K0.0023.14N/AN/A2201,161323
2013-07-16$7.06$7.5031.1%8.9%16.5%13.8%31.5%48.5%0.6%13.4K-346.9K-1.2K0.0023.49N/AN/A2501,183323
2013-07-17$7.04$7.5031.1%8.9%16.4%13.7%0.0%6.6%2.4%13.2K-346.7K-1.2K0.0022.68N/AN/A2001,187323
2013-07-18$7.07$7.5031.6%9.0%14.7%14.4%0.0%50.6%0.2%14.0K-352.0K-1.2K0.0022.43N/AN/A4001,207323
2013-07-19$6.99$7.5020.9%6.0%14.1%1.7%0.0%75.5%9.5%12.5K-317.0K-1.1K0.0095.69N/AN/A501,207323
2013-07-22$7.10$7.5032.4%9.3%14.5%15.4%32.9%54.7%-3.2%13.3K-279.7K-1.1K0.0024.83N/AN/A2190949174
2013-07-23$6.96$7.5029.6%8.5%16.3%12.0%69.6%12.6%-2.6%17.3K-293.5K-1.3K0.0016.08N/AN/A1201,149174
2013-07-24$7.70$7.5028.5%8.2%37.5%10.7%29.9%21.7%1.3%23.0K-569.3K-1.4K0.0215.45N/AN/A39691,161174
2013-07-25$7.71$7.5021.0%6.0%37.4%1.7%17.5%16.4%12.9%26.6K-574.5K-1.5K0.0021.44N/AN/A301,210179
2013-07-26$7.64$7.5024.2%6.9%38.1%5.6%24.2%31.5%4.9%24.8K-556.0K-1.6K0.0017.36N/AN/A801,207179
2013-07-29$7.52$7.5025.5%7.3%39.1%7.1%25.5%42.0%3.8%26.7K-501.2K-1.5K0.1213.18N/AN/A185221,207179
2013-07-30$7.55$7.5026.0%7.5%38.9%7.8%0.0%30.4%2.3%26.4K-518.3K-1.6K0.0021.45N/AN/A0231,229201
2013-07-31$7.66$7.5020.5%5.9%38.8%1.2%28.3%17.9%-0.8%24.6K-565.1K-1.6K0.0015.73N/AN/A1401,229224