HLIT Options History — November 2016

In November 2016, HLIT traded between $4.50 and $5.23. ATM implied volatility averaged 61.2%, placing in the 15.7% IV rank vs the trailing year. The 30-day expected move averaged 16.4%. IV traded below realized volatility by 4.8% (HV 20d: 66.0%). Max pain ranged from $2.50 to $5.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 3.07.

Notable Days

  • 2016-11-17: Highest Volume — 1,004 contracts
  • 2016-11-03: Largest IV spike — 59.6% change
  • 2016-11-07: Highest IV Rank — 30.9%
  • 2016-11-07: Largest Expected Move — 20.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.79$4.50$5.23$5.00$4.70
Max Pain$4.22$2.50$5.00$5.00$5.00
ATM IV61.2%45.8%90.5%50.4%53.2%
Expected Move16.4%13.1%20.0%14.4%15.3%
HV 20d66.0%35.6%85.0%36.4%81.7%
HV 60d71.0%62.3%76.1%69.9%71.1%
IV Rank15.7%7.6%30.9%10.0%11.5%
IV Percentile30.1%8.3%68.3%17.1%17.1%
Term Structure1.4%-18.1%18.3%15.2%2.0%
VWIV57.9%46.4%70.8%51.6%58.1%
Bid-Ask Spread %91.4141.56122.50121.0261.48
Gamma HHI0.460.370.660.370.57
Net GEX2.6K-9125.4K3.2K5.2K
Net DEX-572.3K-695.4K-469.3K-671.2K-602.2K
Net VEX-1.1K-2.0K-614-865-2.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.070.3914.461.060.62
Total Volume404.9521021,004103525
Total OI2,431.3811,8293,3791,8583,375

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2016-11-01$5.00$5.0050.4%14.4%36.4%10.0%51.6%0.0%15.2%3.2K-671.2K-8651.06121.02N/AN/A50531,742116
2016-11-02$4.90$5.0054.5%15.6%35.6%12.2%54.1%0.0%12.6%3.1K-632.9K-9381.22122.50N/AN/A46561,730116
2016-11-03$4.93$0.0087.0%18.4%36.0%29.1%0.0%0.0%-2.7%2.9K-629.1K-9270.6795.38N/AN/A83561,713116
2016-11-04$4.78$0.0082.0%18.7%36.6%26.5%0.0%0.0%-0.1%3.0K-611.5K-9660.68103.29N/AN/A82561,727116
2016-11-07$4.88$0.0090.5%20.0%38.2%30.9%0.0%0.0%3.3%3.1K-622.9K-9950.6497.47N/AN/A87561,723116
2016-11-08$4.95$0.0086.9%18.5%37.9%29.1%0.0%0.0%5.8%3.2K-631.4K-9100.71101.87N/AN/A79561,715116
2016-11-09$5.23$0.0060.3%17.3%43.4%15.2%60.3%0.0%8.6%3.7K-695.4K-7150.3995.09N/AN/A145561,714116
2016-11-10$4.53$2.5054.2%15.5%66.1%12.0%68.4%0.0%-8.8%3.8K-605.6K-6144.6493.49N/AN/A1195521,819116
2016-11-11$4.93$2.5057.4%16.5%73.6%13.7%57.4%0.0%-2.2%-912-543.9K-70714.4695.61N/AN/A395641,761608
2016-11-14$5.03$2.5063.4%18.2%73.4%16.8%63.4%0.0%-3.4%2.9K-533.6K-1.2K13.12104.56N/AN/A435641,755634
2016-11-15$4.60$2.5053.3%15.3%78.5%11.6%62.6%0.0%-1.8%820-469.3K-1.1K13.56103.36N/AN/A415561,759634
2016-11-16$4.90$2.5053.2%15.3%82.4%11.5%53.8%0.0%7.3%2.0K-507.3K-1.1K1.97109.84N/AN/A2885661,758630
2016-11-17$4.70$5.0058.2%16.7%83.4%14.1%58.2%0.0%-1.5%398-481.9K-1.3K1.2973.11N/AN/A4385662,007640
2016-11-18$4.50$5.0054.8%15.7%84.4%12.3%57.2%0.0%0.0%1.5K-476.6K-1.3K0.4166.08N/AN/A158642,174640
2016-11-21$4.60$5.0050.9%14.6%84.9%10.3%52.7%0.0%-2.2%22-502.9K-8301.2341.56N/AN/A1161431,966619
2016-11-22$4.63$5.0045.8%13.1%85.0%7.6%46.4%0.0%5.2%1.8K-525.6K-1.0K0.8799.55N/AN/A2302012,048777
2016-11-23$4.70$5.0052.7%15.1%84.6%11.2%51.2%0.0%-3.9%3.0K-540.6K-1.6K1.68105.22N/AN/A1202012,186795
2016-11-25$4.70$5.0065.9%18.9%81.7%18.1%62.2%0.0%-18.1%3.5K-557.5K-1.6K4.28112.72N/AN/A472012,254795
2016-11-28$4.70$5.0056.6%16.2%81.1%13.3%55.2%0.0%-4.3%3.6K-523.5K-1.6K0.5150.55N/AN/A3952012,259795
2016-11-29$4.80$5.0053.9%15.5%81.5%11.8%70.8%0.0%18.3%5.4K-653.2K-2.0K0.5065.79N/AN/A4042012,584795
2016-11-30$4.70$5.0053.2%15.3%81.7%11.5%58.1%0.0%2.0%5.2K-602.2K-2.0K0.6261.48N/AN/A3242012,580795