HLIT Options History — February 2017

In February 2017, HLIT traded between $4.90 and $5.75. ATM implied volatility averaged 59.4%, placing in the 14.7% IV rank vs the trailing year. The 30-day expected move averaged 16.7%. IV traded above realized volatility by 15.3% (HV 20d: 44.1%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 10 of 19 days. Put/call ratio averaged 11.57.

Notable Days

  • 2017-02-28: Highest Volume — 1,853 contracts
  • 2017-02-24: Largest IV spike — 18.0% change
  • 2017-02-01: Highest IV Rank — 21.2%
  • 2017-02-01: Largest Expected Move — 20.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.38$4.90$5.75$5.05$5.25
Max Pain$5.00$5.00$5.00$5.00$5.00
ATM IV59.4%48.5%72.0%72.0%67.0%
Expected Move16.7%13.9%20.6%20.6%19.2%
HV 20d44.1%31.4%48.6%32.1%48.6%
HV 60d51.3%45.5%62.7%60.3%46.6%
IV Rank14.7%9.0%21.2%21.2%18.6%
IV Percentile31.0%8.3%54.0%54.0%51.2%
Term Structure0.4%-18.0%15.1%-18.0%-1.0%
VWIV58.8%39.1%75.4%75.4%67.0%
Bid-Ask Spread %66.1328.19110.3756.53100.99
Gamma HHI0.900.550.980.930.85
Net GEX-14.4K-44.0K-478-18.4K-3.9K
Net DEX-497.9K-764.7K-37.7K-259.6K-585.9K
Net VEX-1.4K-2.8K-761-1.9K-1.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio11.571.0429.334.901.74
Total Volume863.8427281,8538491,853
Total OI3,795.6842,8975,7953,9393,966

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-02-01$5.05$5.0072.0%20.6%32.1%21.2%75.4%0.0%-18.0%-18.4K-259.6K-1.9K4.9056.53N/AN/A1447051,6852,254
2017-02-02$4.90$5.0067.5%16.9%31.4%18.9%59.0%0.0%-4.1%-18.0K-180.0K-1.9K5.2854.89N/AN/A1347071,6922,254
2017-02-03$5.30$5.0064.1%15.8%42.4%17.1%55.3%0.0%1.3%-21.1K-363.6K-1.7K10.2536.89N/AN/A697071,6762,266
2017-02-06$5.10$5.0056.3%16.2%43.9%13.0%56.7%0.0%-4.3%-26.6K-262.1K-1.7K10.2528.19N/AN/A697071,6772,264
2017-02-07$5.05$5.0066.1%17.7%44.0%18.2%61.8%0.0%-4.6%-44.0K-37.7K-2.8K20.7953.54N/AN/A347072,0313,764
2017-02-08$5.05$5.0058.3%16.7%43.9%14.1%58.4%0.0%0.7%-26.2K-253.1K-1.7K19.1149.11N/AN/A377071,6722,264
2017-02-09$5.20$5.0061.6%17.7%44.8%15.8%62.2%0.0%-5.9%-22.1K-314.4K-1.6K18.61105.22N/AN/A387071,6682,264
2017-02-10$5.40$5.0059.0%16.9%46.6%14.5%59.5%0.0%-3.0%-26.5K-552.2K-1.2K17.2439.16N/AN/A417071,6612,264
2017-02-13$5.50$5.0059.1%16.9%45.5%14.5%59.6%0.0%1.5%-16.8K-600.1K-1.1K10.7167.35N/AN/A667071,6612,264
2017-02-14$5.73$5.0060.0%17.2%46.3%15.0%0.0%0.0%5.4%-478-764.7K-76112.8567.79N/AN/A557071,6612,264
2017-02-15$5.75$5.0055.7%16.0%45.4%12.7%60.7%0.0%5.6%-5.4K-733.9K-9487.9440.30N/AN/A897071,6652,264
2017-02-16$5.75$5.0049.2%14.1%45.4%9.4%61.7%0.0%15.1%-5.1K-745.1K-9137.3641.69N/AN/A967071,7022,264
2017-02-17$5.68$5.0054.1%15.5%45.8%11.9%59.1%0.0%-2.7%-5.5K-715.0K-1.1K7.68102.19N/AN/A927071,7282,264
2017-02-21$5.58$5.0048.5%13.9%46.5%9.0%40.7%0.0%1.8%-5.9K-666.1K-97929.3360.47N/AN/A247041,6711,264
2017-02-22$5.55$5.0055.9%16.0%46.2%12.8%59.0%0.0%6.0%-6.8K-636.3K-1.0K11.73105.08N/AN/A607041,6751,264
2017-02-23$5.45$5.0049.9%14.3%46.8%9.7%39.1%0.0%-2.4%-7.0K-593.7K-1.0K11.17110.37N/AN/A637041,6331,264
2017-02-24$5.45$5.0058.9%16.9%45.8%14.4%65.1%0.0%10.1%-5.9K-601.9K-1.0K11.7743.28N/AN/A607061,6331,264
2017-02-27$5.50$5.0065.0%18.6%45.8%17.6%0.0%0.0%6.4%-8.2K-595.3K-1.0K1.0493.43N/AN/A6767061,6351,756
2017-02-28$5.25$5.0067.0%19.2%48.6%18.6%67.0%0.0%-1.0%-3.9K-585.9K-1.6K1.74100.99N/AN/A6761,1772,2101,756