HLIT Options History — February 2015

In February 2015, HLIT traded between $7.64 and $7.91. ATM implied volatility averaged 35.9%, placing in the 12.9% IV rank vs the trailing year. The 30-day expected move averaged 9.8%. IV traded below realized volatility by 1.8% (HV 20d: 37.8%). Max pain ranged from $5.00 to $7.50. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 10 of 19 days. Put/call ratio averaged 24.00.

Notable Days

  • 2015-02-03: Highest Volume — 864 contracts
  • 2015-02-09: Largest IV spike — 28.5% change
  • 2015-02-09: Highest IV Rank — 22.5%
  • 2015-02-27: Largest Expected Move — 11.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.81$7.64$7.91$7.64$7.84
Max Pain$5.83$5.00$7.50$7.50$5.00
ATM IV35.9%30.7%47.3%39.6%39.9%
Expected Move9.8%8.3%11.4%11.4%11.4%
HV 20d37.8%36.0%40.5%40.5%36.0%
HV 60d33.4%31.1%34.5%34.5%31.1%
IV Rank12.9%8.5%22.5%16.1%16.3%
IV Percentile45.9%21.8%79.8%61.1%63.9%
Term Structure-0.5%-15.4%6.3%-15.4%-5.2%
VWIV40.1%36.0%48.3%48.3%36.1%
Skew 25d20.7%-3.4%41.9%4.6%25.6%
Skew 10d55.0%2.8%86.8%13.4%46.6%
Call IV 25d33.8%21.6%42.4%39.5%22.2%
Put IV 25d54.6%32.1%77.0%44.1%47.8%
Bid-Ask Spread %110.7397.93117.43113.90111.97
Gamma HHI0.980.940.990.990.96
Net GEX3.6K71812.2K12.2K855
Net DEX-202.9K-380.9K-147.1K-380.9K-162.6K
Net VEX-2.8K-3.0K-1.5K-1.5K-2.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio24.000.4244.0012.9344.00
Total Volume744.4740864808810
Total OI1,669.9479551,7429551,633

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-02-02$7.64$7.5039.6%11.4%40.5%16.1%48.3%4.6%-15.4%12.2K-380.9K-1.5K12.93113.90N/AN/A58750855100
2015-02-03$7.78$5.0037.2%10.7%39.4%14.0%36.0%35.4%-8.0%5.2K-186.4K-3.0K11.90116.18N/AN/A67797887850
2015-02-04$7.68$5.0035.1%10.1%39.0%12.2%36.1%11.9%-1.4%4.4K-175.3K-3.0K11.90117.43N/AN/A67797887855
2015-02-05$7.76$0.0039.8%8.3%39.0%16.2%0.0%33.2%5.6%5.1K-180.1K-3.0K19.44111.61N/AN/A41797887855
2015-02-06$7.75$0.0036.8%10.0%39.1%13.7%0.0%32.0%-2.1%4.2K-182.0K-3.0K19.44106.42N/AN/A41797887855
2015-02-09$7.79$0.0047.3%9.0%38.5%22.5%0.0%41.9%4.2%4.2K-182.8K-3.0K19.4497.93N/AN/A41797887855
2015-02-10$7.75$0.0038.5%10.1%38.7%15.1%0.0%36.1%-2.8%4.7K-183.2K-3.0K19.44108.54N/AN/A41797887855
2015-02-11$7.78$0.0031.1%8.9%38.7%8.8%0.0%31.9%3.6%5.1K-191.7K-2.9K19.44112.51N/AN/A41797887855
2015-02-12$7.86$0.0031.7%9.1%38.6%9.3%0.0%23.4%4.1%4.1K-210.3K-2.9K19.44110.52N/AN/A41797885855
2015-02-13$7.90$0.0033.6%9.6%36.7%11.0%0.0%22.4%3.9%3.6K-227.0K-2.9K19.44110.38N/AN/A41797885855
2015-02-17$7.91$0.0033.8%9.7%36.8%11.1%0.0%17.5%-4.7%3.8K-250.8K-2.8K19.44110.28N/AN/A41797885855
2015-02-18$7.87$0.0034.7%9.9%36.9%11.9%0.0%23.8%6.3%4.1K-227.2K-2.8K19.44110.84N/AN/A41797885855
2015-02-19$7.87$0.0030.7%8.8%36.9%8.5%0.0%3.7%2.9%2.6K-255.3K-2.8K0.00105.25N/AN/A00875855
2015-02-20$7.90$0.0030.9%8.9%36.2%8.7%0.0%-3.4%-5.9%941-235.9K-2.8K0.42115.13N/AN/A125875855
2015-02-23$7.85$0.0033.6%9.6%36.5%11.0%0.0%-1.0%1.7%862-167.7K-2.8K44.00108.08N/AN/A18792783850
2015-02-24$7.78$0.0038.4%11.0%36.8%15.0%0.0%9.8%-3.2%725-150.3K-2.8K44.00107.59N/AN/A18792783850
2015-02-25$7.83$0.0038.4%11.0%36.7%15.0%0.0%22.8%3.6%718-147.1K-2.7K44.00113.43N/AN/A18792783850
2015-02-26$7.87$0.0031.7%9.1%36.6%9.4%0.0%22.1%4.2%794-159.3K-2.7K44.00115.89N/AN/A18792783850
2015-02-27$7.84$0.0039.9%11.4%36.0%16.3%0.0%25.6%-5.2%855-162.6K-2.7K44.00111.97N/AN/A18792783850