HLIT Options History — July 2015

In July 2015, HLIT traded between $5.91 and $7.01. ATM implied volatility averaged 49.8%, placing in the 25.7% IV rank vs the trailing year. The 30-day expected move averaged 11.0%. IV traded above realized volatility by 25.9% (HV 20d: 23.9%). Max pain ranged from $7.50 to $7.50. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 2.77.

Notable Days

  • 2015-07-23: Highest Volume — 1,700 contracts
  • 2015-07-15: Largest IV drop — 59.2% change
  • 2015-07-08: Highest IV Rank — 54.4%
  • 2015-07-30: Largest Expected Move — 16.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.59$5.91$7.01$6.83$5.97
Max Pain$7.50$7.50$7.50$7.50$7.50
ATM IV49.8%27.3%84.4%44.7%45.3%
Expected Move11.0%7.2%16.8%12.8%13.0%
HV 20d23.9%19.2%33.0%26.1%32.9%
HV 60d27.0%23.9%28.3%27.4%28.2%
IV Rank25.7%7.0%54.4%21.5%22.0%
IV Percentile67.8%7.1%96.4%75.4%73.8%
Term Structure-7.0%-19.7%9.0%-13.3%-13.5%
VWIV37.3%24.7%59.5%42.0%54.0%
Skew 25d7.3%-7.6%67.3%1.4%-5.1%
Skew 10d7.4%-9.9%80.2%3.4%-8.7%
Call IV 25d36.3%27.9%59.3%35.1%50.5%
Put IV 25d43.6%27.0%106.6%36.4%45.5%
Bid-Ask Spread %97.5332.81114.05113.4650.73
Gamma HHI0.950.850.990.930.85
Net GEX-8.3K-23.6K-2.5K-8.1K-2.5K
Net DEX597.1K261.7K797.8K580.4K674.3K
Net VEX-772-1.3K-262-1.3K-262
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.771.577.632.871.57
Total Volume831.7277251,700762824
Total OI1,817.9557692,2762,2471,553

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-07-01$6.83$7.5044.7%12.8%26.1%21.5%42.0%1.4%-13.3%-8.1K580.4K-1.3K2.87113.46N/AN/A1975659441,303
2015-07-02$6.73$7.5049.5%14.2%22.5%25.5%46.8%3.1%-18.7%-7.6K601.0K-1.2K2.87114.05N/AN/A1975659441,303
2015-07-06$6.63$7.5061.6%9.7%20.7%35.6%31.1%-7.6%-5.3%-6.8K613.1K-1.1K2.8732.81N/AN/A1975659441,303
2015-07-07$6.67$7.5059.2%8.9%20.5%33.5%30.4%0.1%-1.7%-7.1K646.1K-9142.87100.58N/AN/A1975659441,303
2015-07-08$6.67$7.5084.4%7.2%20.4%54.4%24.7%-5.6%6.0%-7.1K483.6K-1.2K2.8748.92N/AN/A1975659441,303
2015-07-09$6.66$7.5065.9%8.6%19.2%39.1%28.5%10.4%-1.2%-7.3K638.4K-9102.87110.99N/AN/A1975659401,303
2015-07-10$6.80$7.5063.2%8.3%21.2%36.9%28.1%15.1%1.1%-8.6K629.5K-9522.87111.09N/AN/A1975659401,303
2015-07-13$6.90$7.5062.2%9.4%22.0%36.0%37.3%6.1%9.0%-8.4K653.5K-8952.8745.72N/AN/A1975659401,303
2015-07-14$7.01$7.5070.9%10.4%22.9%43.3%36.1%67.3%-4.6%-9.1K604.2K-9452.85104.69N/AN/A1975629401,303
2015-07-15$6.95$7.5028.9%8.3%22.7%8.4%27.5%16.7%-1.9%-9.7K784.6K-7022.82112.78N/AN/A1995629401,333
2015-07-16$6.89$7.5027.3%7.8%22.8%7.0%27.1%1.7%1.0%-9.5K781.3K-7042.82102.93N/AN/A1995629431,333
2015-07-17$6.79$7.5029.8%8.5%22.9%9.1%28.1%6.7%-5.5%-8.7K761.5K-5972.82113.43N/AN/A1995629431,287
2015-07-20$6.71$7.5033.7%9.6%22.8%12.3%32.2%6.9%0.6%-8.2K277.0K-5402.72112.48N/AN/A195530206563
2015-07-21$6.71$7.5032.3%9.3%22.7%11.2%30.0%11.8%-2.2%-8.0K261.7K-6032.72110.68N/AN/A195530208563
2015-07-22$6.61$7.5035.1%10.1%22.1%13.5%32.6%9.5%-8.7%-7.6K274.8K-5562.69112.44N/AN/A197530208563
2015-07-23$6.49$7.5039.8%11.4%20.6%17.4%35.6%7.2%-12.6%-6.4K282.0K-4947.63110.35N/AN/A1971,503212563
2015-07-24$6.60$7.5048.4%13.9%21.7%24.5%49.9%4.3%-17.8%-23.6K726.6K-1.2K1.77106.93N/AN/A2835012121,558
2015-07-27$6.47$7.5042.4%12.2%22.3%19.6%37.3%6.0%-12.3%-15.7K797.8K-1.0K2.41110.43N/AN/A3137543021,557
2015-07-28$6.01$7.5055.7%16.0%32.0%30.6%42.2%6.5%-17.7%-4.8K733.4K-3572.0698.49N/AN/A3156503361,311
2015-07-29$5.91$7.5057.2%16.4%32.1%31.9%59.5%-1.7%-14.0%-3.5K670.1K-2691.60112.07N/AN/A3155043411,208
2015-07-30$6.00$7.5058.5%16.8%33.0%33.0%59.5%-0.5%-19.7%-4.7K662.2K-3531.57109.59N/AN/A3205043411,204
2015-07-31$5.97$7.5045.3%13.0%32.9%22.0%54.0%-5.1%-13.5%-2.5K674.3K-2621.5750.73N/AN/A3205043491,204