HLIT Options History — November 2014

In November 2014, HLIT traded between $6.64 and $7.23. ATM implied volatility averaged 31.9%, placing in the 9.7% IV rank vs the trailing year. The 30-day expected move averaged 9.7%. IV traded below realized volatility by 8.1% (HV 20d: 40.0%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 5 of 19 trading days. Term structure was in contango for 6 of 19 days. Put/call ratio averaged 7.65.

Notable Days

  • 2014-11-07: Highest Volume — 1,219 contracts
  • 2014-11-13: Largest IV drop — 20.4% change
  • 2014-11-19: Highest IV Rank — 15.2%
  • 2014-11-20: Largest Expected Move — 10.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.90$6.64$7.23$6.87$7.00
Max Pain$5.00$5.00$5.00$5.00$5.00
ATM IV31.9%26.8%38.7%30.3%28.2%
Expected Move9.7%8.9%10.4%9.7%9.8%
HV 20d40.0%30.7%45.8%45.8%30.7%
HV 60d34.5%33.6%35.4%35.3%35.4%
IV Rank9.7%5.7%15.2%9.3%6.4%
IV Percentile35.4%12.7%63.5%29.4%15.1%
Term Structure-3.3%-13.6%8.2%-2.9%-10.8%
VWIV32.2%29.6%34.1%31.2%34.1%
Skew 25d18.0%2.2%55.9%18.4%2.2%
Skew 10d19.6%2.3%72.6%11.6%2.3%
Call IV 25d30.1%21.4%37.2%22.3%26.1%
Put IV 25d48.1%28.3%88.5%40.7%28.3%
Bid-Ask Spread %94.2259.81104.8696.6095.39
Gamma HHI0.790.360.930.870.91
Net GEX-392-4.9K10.1K5.7K-4.9K
Net DEX249.9K35.1K365.5K65.9K355.8K
Net VEX-684-1.0K-347-359-647
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio7.652.5720.002.5720.00
Total Volume801.15801,2197990
Total OI1,193.9477831,4037831,230

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-11-03$6.87$5.0030.3%9.7%45.8%9.3%31.2%18.4%-2.9%5.7K65.9K-3592.5796.60N/AN/A224575426357
2014-11-04$6.86$5.0030.1%8.9%44.7%9.2%29.6%18.8%8.1%5.8K66.7K-3472.57104.86N/AN/A224575437357
2014-11-05$7.00$5.0026.8%9.2%44.8%6.4%31.7%9.9%-0.1%7.3K56.4K-3542.5798.49N/AN/A224575437357
2014-11-06$7.09$5.0026.9%9.2%42.6%5.7%31.2%0.0%8.2%8.6K48.0K-3903.9990.96N/AN/A144575437357
2014-11-07$7.06$5.0027.3%9.7%40.1%5.7%32.8%47.2%-1.6%10.1K35.1K-4867.4796.14N/AN/A1441,075527357
2014-11-10$6.90$5.0029.6%9.4%40.8%7.6%31.3%2.5%3.5%-1.5K255.8K-1.0K7.4797.40N/AN/A1441,075527857
2014-11-11$6.81$5.0034.3%10.0%41.2%11.6%32.4%3.7%2.2%-3.4K294.6K-8557.9696.01N/AN/A1351,075417832
2014-11-12$6.90$5.0038.6%10.0%39.4%15.2%33.0%4.3%3.4%-982274.9K-1.0K7.9697.15N/AN/A1351,075526857
2014-11-13$6.81$5.0030.7%9.3%39.7%8.5%31.9%13.0%-13.3%-1.9K365.2K-6677.9694.82N/AN/A1351,075526857
2014-11-14$6.79$5.0031.0%10.2%39.5%8.8%0.0%11.4%-3.6%-1.7K328.9K-7930.0097.32N/AN/A00526855
2014-11-17$6.70$5.0033.0%10.2%40.1%10.4%33.6%10.4%-7.2%-3.4K357.1K-6957.4798.75N/AN/A1441,075526857
2014-11-18$6.76$5.0032.5%9.6%39.4%10.1%32.6%11.9%-7.2%-3.4K348.5K-7197.47101.42N/AN/A1441,075546857
2014-11-19$6.64$5.0038.7%10.3%39.9%15.2%0.0%9.2%-8.2%-2.9K354.5K-6670.0081.58N/AN/A00546855
2014-11-20$6.76$5.0035.4%10.4%39.0%12.5%33.8%13.9%-7.9%-3.5K340.4K-7577.4796.99N/AN/A1441,075536855
2014-11-21$6.83$5.0033.2%9.2%38.7%10.6%32.2%0.0%-12.7%-3.9K365.5K-6137.4794.94N/AN/A1441,075536855
2014-11-24$6.88$5.0035.6%10.0%38.0%12.7%0.0%21.7%-13.6%-3.7K299.6K-8280.0098.88N/AN/A00367847
2014-11-25$7.23$5.0030.1%9.9%39.6%8.0%34.1%52.4%5.9%-4.9K259.9K-90414.4259.81N/AN/A741,067367847
2014-11-26$7.21$5.0034.0%9.9%35.6%11.3%0.0%55.9%-5.6%-4.8K276.1K-89820.0092.75N/AN/A120382847
2014-11-28$7.00$5.0028.2%9.8%30.7%6.4%0.0%2.2%-10.8%-4.9K355.8K-6470.0095.39N/AN/A00383847