HLIT Options History — December 2015

In December 2015, HLIT traded between $4.08 and $5.62. ATM implied volatility averaged 56.7%, placing in the 33.1% IV rank vs the trailing year. The 30-day expected move averaged 15.4%. IV traded above realized volatility by 3.3% (HV 20d: 53.4%). Max pain ranged from $5.00 to $7.50. Net GEX was positive for 8 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 6.08.

Notable Days

  • 2015-12-16: Highest Volume — 839 contracts
  • 2015-12-08: Largest IV spike — 117.9% change
  • 2015-12-31: Highest IV Rank — 82.0%
  • 2015-12-31: Largest Expected Move — 32.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.52$4.08$5.62$5.62$4.08
Max Pain$5.23$5.00$7.50$7.50$5.00
ATM IV56.7%35.2%112.5%43.9%112.5%
Expected Move15.4%8.3%32.2%12.6%32.2%
HV 20d53.4%31.0%61.6%32.9%58.2%
HV 60d44.8%34.8%47.4%39.4%46.0%
IV Rank33.1%14.3%82.0%22.0%82.0%
IV Percentile72.5%35.3%99.2%62.3%99.2%
Term Structure-6.9%-41.0%8.4%-13.8%-41.0%
VWIV54.5%29.7%107.0%29.7%107.0%
Skew 25d31.4%-17.9%85.4%-11.7%85.4%
Skew 10d33.9%-17.3%75.8%-17.3%75.8%
Call IV 25d47.5%37.2%60.5%44.4%44.7%
Put IV 25d78.9%26.8%130.1%32.7%130.1%
Bid-Ask Spread %89.0722.26125.2932.08122.20
Gamma HHI0.680.490.950.830.70
Net GEX-197-730849254-541
Net DEX44.5K-9.5K115.6K-41723.7K
Net VEX-203-352-19-19-352
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio6.080.2213.301.520.35
Total Volume434.4550839050
Total OI635.0912401,030240721

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-12-01$5.62$7.5043.9%12.6%32.9%22.0%0.0%-11.7%-13.8%254-417-190.0032.08N/AN/A0020832
2015-12-02$5.46$7.5040.2%11.5%31.7%18.7%0.0%-17.9%-3.1%2831.1K-261.5226.88N/AN/A213220832
2015-12-03$5.43$5.0046.0%8.3%31.0%23.8%29.7%0.0%6.6%294463-231.52105.31N/AN/A213220832
2015-12-04$5.35$5.0042.9%10.5%31.2%21.1%39.5%-11.8%-10.4%2841.7K-261.52102.40N/AN/A213220832
2015-12-07$5.25$5.0039.8%10.4%31.1%18.3%0.0%13.7%3.2%3092.2K-250.2290.03N/AN/A902020832
2015-12-08$4.50$5.0086.7%13.3%61.2%59.4%46.5%18.2%-6.7%849-9.5K-502.0929.75N/AN/A11123229832
2015-12-09$4.35$5.0038.2%10.9%61.6%16.9%36.9%49.6%6.7%-73069.1K-752.0991.94N/AN/A111232298232
2015-12-10$4.30$5.0035.2%10.1%61.5%14.3%35.2%43.0%8.4%15093.2K-212.09102.09N/AN/A111232298232
2015-12-11$4.25$5.0050.4%14.5%60.8%27.7%51.4%35.1%-12.2%16491.2K-236.41112.48N/AN/A111712298232
2015-12-14$4.20$5.0046.3%13.3%59.2%24.0%45.0%48.4%3.3%-618114.5K-3066.41103.23N/AN/A111712298712
2015-12-15$4.34$5.0041.4%11.9%60.9%19.8%40.2%31.2%3.9%-589115.6K-2786.4151.73N/AN/A111712298712
2015-12-16$4.30$5.0052.6%15.1%60.7%29.5%53.4%31.7%1.2%-487111.1K-2865.61112.50N/AN/A127712298712
2015-12-17$4.21$5.0042.9%12.3%59.8%21.1%42.8%22.0%0.5%-446112.0K-3235.6122.26N/AN/A127712318712
2015-12-18$4.25$5.0056.4%16.2%60.2%32.9%57.3%39.1%-18.7%-490113.1K-3185.61102.54N/AN/A127712318712
2015-12-21$4.24$5.0053.3%15.3%59.4%30.2%52.8%51.0%-6.4%-56017.0K-30613.30102.19N/AN/A37492228492
2015-12-22$4.23$5.0047.4%13.6%58.6%25.0%45.2%0.0%6.8%-46122.5K-34113.30104.16N/AN/A37492228492
2015-12-23$4.20$5.0063.3%18.1%58.6%38.9%57.9%75.6%6.2%-42522.4K-34413.30107.33N/AN/A37492228492
2015-12-24$4.31$5.0051.2%14.7%59.2%28.4%47.8%85.4%-9.6%-48919.7K-31013.3096.27N/AN/A37492228492
2015-12-28$4.18$5.0071.1%20.4%59.0%45.8%65.1%0.0%-14.4%-41520.1K-33413.3097.40N/AN/A37492228492
2015-12-29$4.20$5.0089.5%25.7%59.4%61.9%87.9%0.0%-29.6%-31518.7K-33713.30119.54N/AN/A37492228492
2015-12-30$4.16$5.0095.2%27.3%58.4%66.9%93.7%0.0%-32.5%-36420.5K-3430.35125.29N/AN/A3713228493
2015-12-31$4.08$5.00112.5%32.2%58.2%82.0%107.0%0.0%-41.0%-54123.7K-3520.35122.20N/AN/A3713228493