HLIT Options History — June 2014

In June 2014, HLIT traded between $7.09 and $7.72. ATM implied volatility averaged 30.2%, placing in the 33.2% IV rank vs the trailing year. The 30-day expected move averaged 8.3%. IV traded above realized volatility by 7.2% (HV 20d: 23.0%). Max pain ranged from $5.00 to $7.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 16 of 21 days. Put/call ratio averaged 0.02.

Notable Days

2014-06-25: Highest Volume — 105 contracts
2014-06-10: Largest IV spike — 43.0% change
2014-06-11: Highest IV Rank — 51.8%
2014-06-23: Largest Expected Move — 10.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$7.46	$7.09	$7.72	$7.09	$7.46
Max Pain	$6.07	$5.00	$7.50	$7.50	$7.50
ATM IV	30.2%	24.1%	39.8%	29.3%	30.4%
Expected Move	8.3%	6.9%	10.8%	8.4%	8.7%
HV 20d	23.0%	20.1%	25.5%	23.5%	20.1%
HV 60d	28.3%	27.1%	28.9%	27.8%	27.1%
IV Rank	33.2%	20.7%	51.8%	30.6%	34.3%
IV Percentile	41.6%	6.7%	85.3%	33.7%	46.0%
Term Structure	3.0%	-8.6%	15.6%	-8.6%	4.4%
VWIV	25.1%	25.1%	25.1%	25.1%	25.1%
Skew 25d	43.0%	6.7%	82.2%	16.0%	35.8%
Skew 10d	71.0%	11.0%	126.5%	23.2%	57.6%
Call IV 25d	31.2%	26.4%	47.9%	28.2%	33.8%
Put IV 25d	74.2%	34.9%	119.9%	44.1%	69.5%
Bid-Ask Spread %	92.11	36.32	116.64	113.72	49.44
Gamma HHI	0.92	0.84	0.96	0.91	0.95
Net GEX	2.8K	1.5K	3.9K	2.2K	3.5K
Net DEX	-151.4K	-223.3K	-67.5K	-69.2K	-130.8K
Net VEX	-394	-481	-276	-317	-434
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.02	0.00	0.15	0.00	0.00
Total Volume	19.476	0	105	0	0
Total OI	643.81	506	726	546	645

Daily Data (21 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
2014-06-02	$7.09	$7.50	29.3%	8.4%	23.5%	30.6%	0.0%	16.0%	-8.6%	2.2K	-69.2K	-317	0.00	113.72	N/A	N/A	0	0	371	175
2014-06-03	$7.25	$7.50	29.6%	8.5%	24.6%	31.2%	0.0%	60.6%	2.6%	2.3K	-68.8K	-307	0.00	115.56	N/A	N/A	0	0	371	175
2014-06-04	$7.24	$7.50	30.4%	8.7%	23.6%	32.8%	0.0%	65.3%	-6.9%	2.4K	-67.5K	-311	0.00	115.50	N/A	N/A	0	0	371	175
2014-06-05	$7.47	$7.50	33.3%	9.6%	25.2%	38.7%	0.0%	26.5%	1.8%	3.2K	-81.4K	-299	0.00	116.64	N/A	N/A	40	0	371	175
2014-06-06	$7.59	$7.50	31.3%	7.6%	25.5%	34.6%	25.1%	54.8%	4.9%	1.5K	-85.1K	-276	0.00	98.79	N/A	N/A	30	0	331	175
2014-06-09	$7.72	$7.50	26.0%	7.5%	25.5%	23.8%	0.0%	46.3%	8.3%	1.8K	-108.2K	-286	0.00	96.61	N/A	N/A	11	0	351	175
2014-06-10	$7.71	$7.50	37.1%	8.0%	23.4%	46.4%	0.0%	45.1%	4.6%	1.9K	-112.1K	-320	0.00	100.48	N/A	N/A	100	0	358	175
2014-06-11	$7.62	$5.00	39.8%	7.7%	23.4%	51.8%	0.0%	15.0%	3.7%	1.8K	-177.7K	-320	0.00	99.64	N/A	N/A	0	0	448	175
2014-06-12	$7.62	$5.00	24.8%	7.1%	22.1%	22.4%	0.0%	41.3%	9.0%	1.8K	-180.1K	-316	0.00	102.83	N/A	N/A	100	0	448	175
2014-06-13	$7.54	$5.00	26.3%	7.5%	22.4%	25.4%	0.0%	42.1%	0.2%	3.7K	-223.3K	-479	0.00	98.29	N/A	N/A	0	0	548	175
2014-06-16	$7.41	$5.00	28.1%	8.1%	22.8%	29.4%	0.0%	7.6%	3.3%	3.4K	-199.1K	-477	0.15	107.51	N/A	N/A	20	3	548	175
2014-06-17	$7.42	$5.00	24.1%	6.9%	22.5%	20.7%	0.0%	70.4%	7.7%	3.4K	-187.9K	-481	0.00	110.82	N/A	N/A	0	0	548	178
2014-06-18	$7.50	$5.00	28.7%	8.2%	22.0%	30.5%	0.0%	64.2%	2.4%	3.6K	-199.8K	-475	0.00	100.08	N/A	N/A	0	0	548	178
2014-06-19	$7.40	$5.00	25.3%	7.3%	22.7%	23.4%	0.0%	59.6%	5.6%	3.5K	-201.2K	-471	0.00	110.56	N/A	N/A	0	0	548	178
2014-06-20	$7.49	$5.00	26.4%	7.6%	23.0%	25.7%	0.0%	50.9%	5.5%	3.9K	-193.2K	-465	0.00	36.32	N/A	N/A	0	0	548	178
2014-06-23	$7.46	$5.00	37.5%	10.8%	22.5%	49.2%	0.0%	52.5%	-2.7%	3.0K	-194.0K	-461	0.00	69.87	N/A	N/A	0	0	542	178
2014-06-24	$7.44	$5.00	29.9%	8.6%	22.5%	33.1%	0.0%	6.7%	4.3%	3.2K	-198.0K	-451	0.00	39.19	N/A	N/A	0	0	542	178
2014-06-25	$7.41	$5.00	33.8%	9.7%	22.4%	41.3%	0.0%	23.9%	-1.1%	3.0K	-186.5K	-446	0.00	104.80	N/A	N/A	105	0	542	178
2014-06-26	$7.38	$5.00	27.7%	7.9%	22.4%	28.4%	0.0%	36.6%	15.6%	3.3K	-184.6K	-446	0.00	54.65	N/A	N/A	0	0	547	178
2014-06-27	$7.45	$7.50	35.3%	10.1%	21.7%	44.4%	0.0%	82.2%	-2.6%	3.5K	-130.2K	-441	0.00	92.99	N/A	N/A	0	0	467	178
2014-06-30	$7.46	$7.50	30.4%	8.7%	20.1%	34.3%	0.0%	35.8%	4.4%	3.5K	-130.8K	-434	0.00	49.44	N/A	N/A	0	0	467	178