HLIT Options History — August 2013

In August 2013, HLIT traded between $7.07 and $7.98. ATM implied volatility averaged 25.8%, placing in the 13.1% IV rank vs the trailing year. The 30-day expected move averaged 7.4%. IV traded below realized volatility by 8.1% (HV 20d: 33.9%). Max pain ranged from $7.50 to $7.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 21 of 22 days. Put/call ratio averaged 5.21.

Notable Days

  • 2013-08-13: Highest Volume — 329 contracts
  • 2013-08-08: Largest IV spike — 80.5% change
  • 2013-08-14: Highest IV Rank — 30.8%
  • 2013-08-26: Largest Expected Move — 8.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.61$7.07$7.98$7.71$7.07
Max Pain$7.50$7.50$7.50$7.50$7.50
ATM IV25.8%14.2%41.7%14.2%19.1%
Expected Move7.4%4.1%8.4%4.1%5.5%
HV 20d33.9%19.5%41.7%38.7%30.4%
HV 60d28.2%26.9%31.6%27.3%31.6%
IV Rank13.1%0.0%30.8%0.0%5.6%
IV Percentile13.4%0.0%68.7%0.0%1.2%
Term Structure5.3%-0.7%15.2%15.2%12.0%
VWIV31.1%24.9%45.7%24.9%27.1%
Skew 25d12.8%-30.7%56.6%-30.7%56.6%
Skew 10d34.5%-0.8%93.1%13.7%93.1%
Call IV 25d30.7%22.2%53.7%51.5%40.5%
Put IV 25d43.5%20.8%97.1%20.8%97.1%
Bid-Ask Spread %21.5011.2148.1311.2111.21
Gamma HHI0.940.830.990.990.86
Net GEX17.6K7.9K30.2K29.2K11.2K
Net DEX-484.8K-763.5K-161.4K-614.5K-161.4K
Net VEX-1.5K-1.7K-1.3K-1.5K-1.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio5.210.0064.800.000.00
Total Volume42.2270329322
Total OI1,557.5451,4571,7541,4571,675

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2013-08-01$7.71$7.5014.2%4.1%38.7%0.0%0.0%-30.7%15.2%29.2K-614.5K-1.5K0.0011.21N/AN/A3201,233224
2013-08-02$7.78$7.5020.3%5.8%38.7%6.8%0.0%-27.5%8.4%25.9K-652.5K-1.5K0.0013.70N/AN/A5101,265224
2013-08-05$7.81$7.5019.4%7.1%38.7%5.9%24.9%14.3%6.4%24.9K-695.1K-1.5K0.0019.18N/AN/A501,296224
2013-08-06$7.73$7.5016.6%7.6%39.2%2.7%0.0%24.0%3.5%29.4K-674.4K-1.5K0.5015.20N/AN/A20101,301224
2013-08-07$7.77$7.5016.4%7.8%39.3%2.5%45.7%5.2%3.0%26.2K-678.6K-1.5K0.0011.45N/AN/A901,286234
2013-08-08$7.87$7.5029.7%8.0%38.9%17.3%0.0%4.8%1.4%24.0K-702.8K-1.4K0.0019.19N/AN/A001,286234
2013-08-09$7.89$7.5024.3%8.0%38.9%11.3%0.0%11.7%4.5%21.2K-731.1K-1.4K0.0018.97N/AN/A001,286234
2013-08-12$7.98$7.5030.7%7.5%38.8%18.5%0.0%0.0%5.8%17.6K-763.5K-1.3K0.0025.73N/AN/A4701,286234
2013-08-13$7.93$7.5037.1%7.6%39.1%25.7%26.9%1.9%4.8%19.6K-738.5K-1.3K64.8024.42N/AN/A53241,269234
2013-08-14$7.85$7.5041.7%7.3%39.4%30.8%0.0%0.3%6.1%16.4K-645.1K-1.6K0.0025.51N/AN/A001,264490
2013-08-15$7.60$7.5027.8%8.0%41.6%15.2%0.0%5.5%3.6%30.2K-482.2K-1.7K0.0022.59N/AN/A1001,255490
2013-08-16$7.68$7.5026.5%7.6%41.3%13.8%0.0%24.8%3.5%26.1K-542.6K-1.6K0.0013.89N/AN/A1801,255490
2013-08-19$7.55$7.5028.2%8.1%41.7%15.7%0.0%5.7%2.4%8.3K-338.0K-1.6K0.0023.97N/AN/A00997468
2013-08-20$7.52$7.5026.7%7.7%41.0%14.3%0.0%-1.6%5.2%7.9K-323.9K-1.5K0.0015.36N/AN/A00997468
2013-08-21$7.41$7.5027.1%7.8%19.5%14.7%27.1%6.8%4.1%8.0K-282.5K-1.5K7.6015.37N/AN/A15114997468
2013-08-22$7.52$7.5025.9%7.4%20.4%13.4%0.0%37.2%4.5%9.4K-315.0K-1.5K0.0036.35N/AN/A10001,011456
2013-08-23$7.46$7.5026.6%7.6%20.4%14.1%0.0%51.4%4.1%9.8K-310.4K-1.6K0.0018.99N/AN/A001,111456
2013-08-26$7.50$7.5029.1%8.4%19.7%17.1%0.0%50.8%1.3%10.0K-319.0K-1.6K0.0023.43N/AN/A001,111456
2013-08-27$7.13$7.5026.2%7.5%26.5%13.7%0.0%5.9%-0.7%9.6K-199.4K-1.5K0.0633.18N/AN/A6341,111456
2013-08-28$7.26$7.5027.0%7.7%26.9%14.6%0.0%2.9%2.8%10.4K-224.5K-1.6K0.0026.03N/AN/A001,149456
2013-08-29$7.37$7.5027.5%7.9%27.4%15.2%0.0%18.3%14.6%10.8K-270.3K-1.6K0.0048.13N/AN/A10001,149456
2013-08-30$7.07$7.5019.1%5.5%30.4%5.6%0.0%56.6%12.0%11.2K-161.4K-1.5K0.0011.21N/AN/A201,219456