HLIT Options History — May 2014

In May 2014, HLIT traded between $6.93 and $7.40. ATM implied volatility averaged 34.5%, placing in the 32.8% IV rank vs the trailing year. The 30-day expected move averaged 8.5%. IV traded above realized volatility by 4.7% (HV 20d: 29.8%). Max pain ranged from $7.50 to $7.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 0.07.

Notable Days

  • 2014-05-29: Highest Volume — 25 contracts
  • 2014-05-15: Largest IV drop — 51.7% change
  • 2014-05-14: Highest IV Rank — 61.7%
  • 2014-05-02: Largest Expected Move — 10.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.20$6.93$7.40$7.05$7.24
Max Pain$7.50$7.50$7.50$7.50$7.50
ATM IV34.5%24.4%58.2%33.9%24.4%
Expected Move8.5%7.0%10.2%9.7%7.0%
HV 20d29.8%21.0%36.4%36.4%22.2%
HV 60d28.1%27.0%28.9%27.3%27.5%
IV Rank32.8%19.5%61.7%27.6%20.6%
IV Percentile53.1%7.5%98.0%60.7%7.5%
Term Structure-1.3%-8.9%9.6%-8.5%-0.9%
VWIV31.2%30.4%32.0%32.0%30.4%
Skew 25d31.1%3.9%70.1%14.0%15.6%
Skew 10d40.4%6.8%97.6%11.2%23.2%
Call IV 25d31.9%22.6%39.8%30.2%25.9%
Put IV 25d63.1%30.9%109.5%44.2%41.5%
Bid-Ask Spread %106.9154.16119.54112.06108.78
Gamma HHI0.890.740.990.740.93
Net GEX2.2K1.7K3.2K1.9K2.5K
Net DEX-52.8K-75.5K-34.9K-46.6K-75.5K
Net VEX-309-353-269-353-332
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.070.000.330.000.00
Total Volume402500
Total OI526.238496546534546

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-05-01$7.05$7.5033.9%9.7%36.4%27.6%0.0%14.0%-8.5%1.9K-46.6K-3530.00112.06N/AN/A00350184
2014-05-02$7.09$7.5035.5%10.2%36.2%29.8%0.0%61.2%-8.9%2.0K-48.6K-3470.0091.60N/AN/A00350184
2014-05-05$7.15$7.5042.8%10.0%35.1%40.2%0.0%10.0%0.8%2.1K-52.7K-3220.00107.86N/AN/A00350184
2014-05-06$7.02$7.5028.5%7.2%35.3%20.1%0.0%3.9%4.2%1.9K-46.6K-3180.00110.96N/AN/A00350184
2014-05-07$6.93$7.5037.2%7.1%35.6%32.3%0.0%17.0%9.6%1.7K-39.6K-3240.00110.59N/AN/A00350184
2014-05-08$6.95$7.5043.0%7.6%35.6%40.5%0.0%22.6%-3.0%1.7K-34.9K-2940.00113.00N/AN/A00350184
2014-05-09$7.07$7.5041.8%8.2%31.3%38.6%0.0%47.7%7.2%2.0K-35.1K-2690.00111.50N/AN/A00350184
2014-05-12$7.30$7.5041.7%9.6%31.5%38.6%0.0%59.1%-0.7%2.8K-58.4K-3070.00108.45N/AN/A100350184
2014-05-13$7.22$7.5040.7%9.1%32.0%37.2%0.0%8.7%-1.2%2.8K-60.5K-3330.00106.31N/AN/A00360184
2014-05-14$7.09$7.5058.2%9.0%32.8%61.7%0.0%11.7%-3.2%2.2K-45.6K-2980.00107.88N/AN/A00360184
2014-05-15$7.18$7.5028.1%8.1%32.8%19.5%0.0%20.5%5.8%2.2K-42.0K-2890.00111.84N/AN/A00356184
2014-05-16$7.30$7.5033.2%9.5%31.8%38.4%0.0%64.1%-4.1%3.2K-54.3K-2980.00108.49N/AN/A05356184
2014-05-19$7.38$7.5029.8%8.6%31.8%31.6%32.0%63.4%-2.9%1.7K-56.1K-2900.00107.21N/AN/A50321175
2014-05-20$7.27$7.5027.0%7.7%32.1%25.9%0.0%5.4%-0.7%1.8K-56.6K-2960.00109.00N/AN/A00326175
2014-05-21$7.26$7.5027.9%8.0%23.8%27.7%0.0%14.7%-1.4%1.8K-52.0K-2870.00110.73N/AN/A00326175
2014-05-22$7.28$7.5026.1%7.5%23.7%24.1%0.0%22.8%5.0%1.9K-52.1K-2830.00119.54N/AN/A00326175
2014-05-23$7.39$7.5028.5%8.2%22.1%29.0%30.4%70.1%-3.2%2.0K-57.4K-2840.00110.43N/AN/A230326175
2014-05-27$7.36$7.5030.8%8.8%21.5%33.5%0.0%8.3%-4.3%2.3K-65.9K-3280.3354.16N/AN/A124348175
2014-05-28$7.40$7.5033.4%9.6%21.0%38.8%0.0%56.4%-8.5%2.5K-63.6K-3220.00109.13N/AN/A00346175
2014-05-29$7.36$7.5031.2%8.9%21.2%34.3%0.0%56.8%-7.2%2.4K-64.5K-3210.00115.54N/AN/A250346175
2014-05-30$7.24$7.5024.4%7.0%22.2%20.6%0.0%15.6%-0.9%2.5K-75.5K-3320.00108.78N/AN/A00371175