HLIT Options History — September 2015

In September 2015, HLIT traded between $5.60 and $6.16. ATM implied volatility averaged 52.4%, placing in the 27.9% IV rank vs the trailing year. The 30-day expected move averaged 14.0%. IV traded above realized volatility by 17.5% (HV 20d: 34.9%). Max pain ranged from $7.50 to $7.50. Net GEX was positive for 12 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 0.45.

Notable Days

  • 2015-09-01: Highest Volume — 845 contracts
  • 2015-09-09: Largest IV drop — 43.4% change
  • 2015-09-08: Highest IV Rank — 43.8%
  • 2015-09-30: Largest Expected Move — 18.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.86$5.60$6.16$5.65$5.80
Max Pain$7.50$7.50$7.50$7.50$7.50
ATM IV52.4%38.9%71.6%58.9%65.8%
Expected Move14.0%10.4%18.9%16.9%18.9%
HV 20d34.9%20.7%41.4%21.0%40.4%
HV 60d30.4%25.1%32.7%25.4%32.4%
IV Rank27.9%16.7%43.8%33.3%39.0%
IV Percentile79.3%54.4%95.2%89.3%93.3%
Term Structure-14.6%-24.6%4.7%-17.8%-23.8%
VWIV51.5%33.2%69.4%45.9%69.4%
Skew 25d-4.5%-16.8%10.6%-9.0%-3.6%
Skew 10d1.4%-20.3%25.7%15.6%-6.1%
Call IV 25d51.6%34.1%72.8%48.3%72.8%
Put IV 25d47.1%34.2%69.2%39.3%69.2%
Bid-Ask Spread %104.1578.61112.32111.95110.98
Gamma HHI0.690.500.980.710.50
Net GEX-27-1.5K978448-29
Net DEX251.5K236.0K269.5K239.7K269.5K
Net VEX-176-287-94-191-94
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.450.011.451.450.13
Total Volume452.810845845390
Total OI964.143944989944989

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-09-01$5.65$0.0058.9%16.9%21.0%33.3%0.0%-9.0%-17.8%448239.7K-1911.45111.95N/AN/A345500444500
2015-09-02$5.69$0.0056.3%16.1%20.7%31.1%0.0%-6.4%-14.7%557243.0K-1711.45112.32N/AN/A345500444500
2015-09-03$5.69$7.5058.1%11.5%20.7%32.6%45.9%0.4%-1.2%266238.6K-2091.45102.86N/AN/A345500444500
2015-09-04$5.60$7.5059.5%10.4%21.2%33.8%47.0%-9.4%4.7%740241.1K-1621.45111.21N/AN/A345500444500
2015-09-08$5.68$7.5071.6%11.1%21.7%43.8%0.0%-7.2%-7.4%494246.6K-1210.00110.62N/AN/A00444500
2015-09-09$5.62$7.5040.5%11.6%21.5%18.0%49.0%-7.5%-0.5%628240.5K-1661.45110.45N/AN/A345500444500
2015-09-10$6.16$7.5040.8%11.7%39.5%18.3%33.2%0.1%-16.9%-1.1K238.2K-2870.0190.66N/AN/A3454444500
2015-09-11$6.12$7.5043.0%12.3%39.4%20.1%40.9%2.7%-15.0%-971246.5K-2340.04109.04N/AN/A34513444504
2015-09-14$6.02$7.5048.1%13.8%40.0%24.3%38.4%10.6%-18.6%-760245.7K-2000.04101.65N/AN/A34513444513
2015-09-15$6.12$7.5045.6%13.1%40.1%22.3%0.0%1.3%-22.4%-920247.9K-2030.0092.48N/AN/A00444513
2015-09-16$6.14$7.5053.5%15.3%39.9%28.8%51.5%4.2%-19.8%-1.5K236.0K-2760.04110.35N/AN/A34513444513
2015-09-17$6.10$7.5050.5%14.5%39.7%26.3%43.1%5.3%-24.6%-1.1K243.8K-2200.04102.55N/AN/A34513444513
2015-09-18$5.86$7.5043.0%12.3%41.0%20.0%49.2%-10.4%-2.6%428245.3K-1760.1393.21N/AN/A34544444513
2015-09-21$5.84$7.5043.0%12.3%40.8%20.0%53.3%-16.2%-15.1%618265.9K-1420.1293.01N/AN/A34542444542
2015-09-22$5.73$7.5038.9%11.1%41.0%16.7%47.3%-15.4%-14.1%978265.6K-1080.1278.61N/AN/A34542444542
2015-09-23$5.83$7.5048.3%13.8%41.4%24.4%58.1%-16.8%-20.4%415267.8K-1310.13102.62N/AN/A34545444545
2015-09-24$5.86$7.5057.2%16.4%40.9%31.8%59.5%-0.8%-20.4%-162262.8K-1780.13111.12N/AN/A34545444545
2015-09-25$5.89$7.5057.5%16.5%40.9%32.1%60.3%1.7%-16.7%-297267.8K-1360.13110.66N/AN/A34545444545
2015-09-28$5.84$7.5057.6%16.5%40.5%32.2%64.7%-14.0%-22.0%261266.1K-1510.13110.09N/AN/A34545444545
2015-09-29$5.76$7.5061.9%17.7%40.8%35.8%65.8%-4.3%-17.8%331263.6K-1420.13110.80N/AN/A34545444545
2015-09-30$5.80$7.5065.8%18.9%40.4%39.0%69.4%-3.6%-23.8%-29269.5K-940.13110.98N/AN/A34545444545