HLIT Options History — September 2014

In September 2014, HLIT traded between $6.34 and $7.02. ATM implied volatility averaged 37.0%, placing in the 15.1% IV rank vs the trailing year. The 30-day expected move averaged 8.9%. IV traded above realized volatility by 8.4% (HV 20d: 28.6%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 5 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2014-09-22: Highest Volume — 320 contracts
  • 2014-09-09: Largest IV spike — 53.8% change
  • 2014-09-29: Highest IV Rank — 28.9%
  • 2014-09-18: Largest Expected Move — 9.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.63$6.34$7.02$6.54$6.34
Max Pain$5.00$5.00$5.00$5.00$5.00
ATM IV37.0%21.7%53.3%38.5%48.8%
Expected Move8.9%6.9%9.4%9.4%6.9%
HV 20d28.6%23.2%31.6%28.3%28.9%
HV 60d44.4%43.1%45.2%43.1%45.1%
IV Rank15.1%2.2%28.9%16.4%25.1%
IV Percentile56.3%1.2%93.7%73.0%89.7%
Term Structure-5.9%-28.2%11.2%-16.8%-28.2%
VWIV27.4%22.4%32.2%22.4%32.2%
Skew 25d9.6%-12.9%32.1%11.7%3.1%
Skew 10d10.2%-8.9%42.2%17.1%8.6%
Call IV 25d30.7%21.0%55.6%22.0%34.4%
Put IV 25d40.3%22.7%60.4%33.7%37.5%
Bid-Ask Spread %88.2655.02108.3386.1483.53
Gamma HHI0.690.480.950.950.54
Net GEX-4.0K-9.8K921-3.7K680
Net DEX376.8K265.9K451.9K436.8K284.1K
Net VEX-467-637-277-277-442
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume21.571032000
Total OI1,226.7621,1171,4291,1171,328

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-09-02$6.54$0.0038.5%9.4%28.3%16.4%0.0%11.7%-16.8%-3.7K436.8K-2770.0086.14N/AN/A00224893
2014-09-03$6.64$0.0039.4%8.5%28.5%17.2%22.4%10.9%-12.3%-4.7K433.7K-3410.0063.40N/AN/A0100224893
2014-09-04$6.80$5.0034.0%9.1%29.4%12.6%0.0%10.2%-4.9%-7.3K420.4K-5710.0083.68N/AN/A00224993
2014-09-05$6.88$5.0031.7%9.2%26.7%10.7%0.0%1.6%6.9%-8.1K420.2K-5820.0096.67N/AN/A00224993
2014-09-08$7.02$5.0030.3%8.7%27.0%9.5%0.0%0.7%11.2%-9.8K383.0K-6370.0055.52N/AN/A00224993
2014-09-09$6.90$5.0046.6%9.3%26.0%23.3%0.0%26.4%9.3%-8.5K418.8K-5320.0098.25N/AN/A00224993
2014-09-10$6.93$5.0046.4%9.2%23.6%23.1%0.0%15.9%9.1%-9.0K420.1K-5140.0085.48N/AN/A00224993
2014-09-11$6.97$5.0024.5%9.3%23.2%4.5%27.6%27.1%9.0%-9.5K410.5K-5320.0097.87N/AN/A300224993
2014-09-12$6.74$5.0021.7%9.0%27.1%2.2%0.0%9.4%9.5%-5.3K451.9K-3700.0055.02N/AN/A00234993
2014-09-15$6.49$5.0029.5%9.2%30.7%8.8%0.0%-1.3%-6.9%-2.8K380.1K-3380.0068.40N/AN/A00234889
2014-09-16$6.61$5.0032.2%8.9%31.2%11.0%0.0%8.8%-6.3%-4.1K369.0K-4740.00101.73N/AN/A00234889
2014-09-17$6.59$5.0030.5%9.3%31.2%9.6%0.0%16.3%1.0%-3.5K377.8K-4110.0099.76N/AN/A00234889
2014-09-18$6.71$5.0026.4%9.4%30.9%6.2%0.0%32.1%2.9%-4.1K383.7K-4070.00101.35N/AN/A00234889
2014-09-19$6.60$5.0027.4%9.1%31.2%7.0%0.0%9.3%5.1%-3.1K386.2K-3380.0065.95N/AN/A00234889
2014-09-22$6.48$5.0033.0%9.1%31.6%11.8%0.0%-1.1%-0.7%-2.9K374.5K-3330.0088.93N/AN/A3200234883
2014-09-23$6.41$5.0043.4%9.0%31.5%20.6%0.0%6.0%-26.2%-111340.3K-5360.00105.94N/AN/A00544883
2014-09-24$6.45$5.0047.4%9.2%28.0%23.9%32.2%9.4%-15.3%69324.2K-6370.00108.33N/AN/A02544883
2014-09-25$6.35$5.0043.5%8.7%28.4%20.7%0.0%-12.9%-22.6%88350.9K-4770.00105.99N/AN/A00544885
2014-09-26$6.39$5.0048.3%8.4%28.4%24.7%0.0%7.2%-23.1%921280.2K-4900.0097.64N/AN/A00544784
2014-09-29$6.45$5.0053.3%7.8%28.3%28.9%0.0%10.2%-25.5%905265.9K-5640.00103.96N/AN/A10544784
2014-09-30$6.34$5.0048.8%6.9%28.9%25.1%0.0%3.1%-28.2%680284.1K-4420.0083.53N/AN/A00544784