HLIT Options History — May 2015

In May 2015, HLIT traded between $6.73 and $7.13. ATM implied volatility averaged 38.3%, placing in the 15.5% IV rank vs the trailing year. The 30-day expected move averaged 8.0%. IV traded above realized volatility by 7.2% (HV 20d: 31.1%). Max pain ranged from $7.50 to $7.50. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 10 of 20 days. Put/call ratio averaged 3.58.

Notable Days

  • 2015-05-01: Highest Volume — 1,438 contracts
  • 2015-05-13: Largest IV drop — 68.3% change
  • 2015-05-11: Highest IV Rank — 47.6%
  • 2015-05-29: Largest Expected Move — 11.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.88$6.73$7.13$6.95$6.83
Max Pain$7.50$7.50$7.50$7.50$7.50
ATM IV38.3%18.8%77.6%34.5%39.0%
Expected Move8.0%5.4%11.2%9.9%11.2%
HV 20d31.1%21.7%34.5%30.7%21.7%
HV 60d24.7%23.0%25.5%23.2%25.1%
IV Rank15.5%0.0%47.6%10.9%16.8%
IV Percentile41.2%0.0%94.8%42.1%62.3%
Term Structure0.5%-14.5%14.5%-8.3%-14.5%
VWIV26.3%17.1%41.9%17.1%41.9%
Skew 25d18.0%-2.4%67.0%22.4%14.4%
Skew 10d19.1%-6.0%113.2%16.9%9.7%
Call IV 25d33.4%23.1%57.8%45.2%29.4%
Put IV 25d51.4%28.0%111.6%67.6%43.8%
Bid-Ask Spread %89.9618.39115.4849.17113.30
Gamma HHI0.880.840.920.840.84
Net GEX-6.4K-7.4K-5.6K-6.5K-5.6K
Net DEX467.4K381.5K560.2K387.2K520.4K
Net VEX-2.3K-2.7K-1.9K-2.7K-1.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.582.036.656.652.07
Total Volume75601,4381,438789
Total OI2,193.152,1392,2422,1392,242

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-05-01$6.95$0.0034.5%9.9%30.7%10.9%0.0%22.4%-8.3%-6.5K387.2K-2.7K6.6549.17N/AN/A1881,2508891,250
2015-05-04$6.94$0.0047.3%6.6%30.7%21.8%0.0%22.6%-4.4%-6.5K509.0K-2.3K0.00113.58N/AN/A008891,250
2015-05-05$6.77$0.0038.7%8.5%31.7%14.5%0.0%16.5%-0.6%-6.3K434.0K-2.5K6.6538.02N/AN/A1881,2508891,250
2015-05-06$6.73$0.0050.2%7.4%31.3%24.3%0.0%26.2%6.8%-6.2K455.7K-2.3K6.6551.25N/AN/A1881,2508891,250
2015-05-07$6.76$0.0065.0%7.6%31.3%36.9%0.0%18.8%6.7%-6.5K462.5K-2.3K6.6590.81N/AN/A1881,2508891,250
2015-05-08$6.84$0.0052.6%7.5%30.2%26.3%0.0%15.0%-3.0%-6.8K529.0K-2.1K0.0051.82N/AN/A008891,250
2015-05-11$6.91$0.0077.6%7.5%30.7%47.6%0.0%24.0%-5.5%-7.4K515.4K-2.2K0.00113.70N/AN/A008891,250
2015-05-12$7.13$0.0059.4%8.0%32.7%32.1%0.0%23.4%6.5%-7.3K440.5K-2.5K6.65113.00N/AN/A1881,2508891,250
2015-05-13$6.90$0.0018.8%5.4%34.5%0.0%17.1%67.0%14.5%-7.3K381.5K-2.5K2.03103.38N/AN/A2625328891,250
2015-05-14$6.97$7.5026.4%7.6%34.5%6.3%22.8%-2.2%7.1%-6.4K399.9K-2.6K2.03113.68N/AN/A2625329671,270
2015-05-15$6.92$7.5026.3%7.5%33.5%6.2%24.1%-1.6%4.4%-6.0K423.5K-2.5K2.0377.50N/AN/A2625329671,270
2015-05-18$6.93$7.5025.9%7.4%32.9%5.9%0.0%-1.9%-3.3%-6.1K531.6K-2.1K0.00104.54N/AN/A009671,270
2015-05-19$6.90$7.5031.1%8.9%32.3%10.2%0.0%19.4%-4.3%-6.3K490.2K-2.2K0.00115.48N/AN/A009671,270
2015-05-20$6.94$7.5026.9%7.7%32.5%6.7%22.0%30.8%10.2%-5.6K405.1K-2.4K2.03105.64N/AN/A2625329671,270
2015-05-21$6.91$7.5027.0%7.7%32.3%6.8%23.0%29.0%4.2%-6.3K449.0K-2.3K2.03105.57N/AN/A2625329671,270
2015-05-22$6.83$7.5026.3%7.5%32.4%6.2%25.3%10.8%4.2%-6.3K465.8K-2.1K2.03103.08N/AN/A2625329671,270
2015-05-26$6.80$7.5036.1%10.3%32.0%14.3%40.0%12.8%-12.8%-6.5K560.2K-1.9K2.03113.43N/AN/A2625329671,270
2015-05-27$6.85$7.5029.2%8.4%31.5%8.6%22.8%-2.4%-4.5%-6.0K529.4K-2.0K2.03103.85N/AN/A2625329671,270
2015-05-28$6.83$7.5027.4%7.9%22.1%7.1%23.8%15.2%6.3%-6.3K457.6K-2.1K2.0718.39N/AN/A2575329671,270
2015-05-29$6.83$7.5039.0%11.2%21.7%16.8%41.9%14.4%-14.5%-5.6K520.4K-1.9K2.07113.30N/AN/A2575329721,270