HLIT Options History — May 2017

In May 2017, HLIT traded between $4.93 and $5.80. ATM implied volatility averaged 46.8%, placing in the 8.1% IV rank vs the trailing year. The 30-day expected move averaged 13.5%. IV traded above realized volatility by 4.7% (HV 20d: 42.1%). Max pain ranged from $5.00 to $7.50. Net GEX was positive for 6 of 22 trading days. Term structure was in contango for 12 of 22 days. Put/call ratio averaged 3.49.

Notable Days

  • 2017-05-19: Highest Volume — 1,344 contracts
  • 2017-05-02: Largest IV drop — 27.5% change
  • 2017-05-01: Highest IV Rank — 14.2%
  • 2017-05-01: Largest Expected Move — 16.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.18$4.93$5.80$5.80$5.05
Max Pain$5.34$5.00$7.50$7.50$5.00
ATM IV46.8%40.6%58.5%58.5%46.1%
Expected Move13.5%11.6%16.8%16.8%13.2%
HV 20d42.1%32.0%47.1%37.0%32.0%
HV 60d42.8%37.0%44.8%44.3%37.0%
IV Rank8.1%4.9%14.2%14.2%7.7%
IV Percentile11.1%0.8%43.3%43.3%9.9%
Term Structure-0.1%-25.5%10.0%-25.5%2.1%
VWIV47.3%42.3%52.1%51.8%45.8%
Bid-Ask Spread %36.2323.0261.1323.0249.24
Gamma HHI0.690.400.880.560.88
Net GEX-2.2K-5.2K458458-5.0K
Net DEX36.7K-37.3K94.1K-37.3K94.1K
Net VEX-495-707-95-197-672
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.490.379.430.379.43
Total Volume948.3647751,344775803
Total OI1,1849471,4159471,072

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-05-01$5.80$7.5058.5%16.8%37.0%14.2%51.8%0.0%-25.5%458-37.3K-1970.3723.02N/AN/A564211717230
2017-05-02$5.35$7.5042.4%12.2%44.7%5.8%52.1%0.0%5.9%11-27.1K-950.3748.71N/AN/A569213759230
2017-05-03$5.15$7.5040.6%11.6%45.8%4.9%42.3%0.0%10.0%107-21.4K-1580.3842.26N/AN/A565213765232
2017-05-04$5.05$5.0048.9%14.6%41.9%9.2%50.8%0.0%-0.9%65-19.2K-1650.3826.61N/AN/A565213767232
2017-05-05$5.08$5.0053.3%14.6%41.9%11.5%51.0%0.0%-2.5%60-19.9K-1540.3833.52N/AN/A565213767232
2017-05-08$5.08$5.0048.4%14.1%41.8%9.0%49.1%0.0%-2.3%36-20.1K-1450.9323.72N/AN/A595554767232
2017-05-09$5.15$5.0044.0%13.5%41.5%6.6%47.2%0.0%-1.8%-1.4K39.8K-5690.8523.83N/AN/A595505797574
2017-05-10$5.20$5.0048.6%13.9%41.5%9.0%48.6%0.0%-1.2%-1.7K36.7K-5870.8427.69N/AN/A602505797598
2017-05-11$5.20$5.0045.6%13.1%41.4%7.5%45.7%0.0%2.0%-1.4K32.9K-5660.8427.65N/AN/A602505807598
2017-05-12$5.13$5.0046.9%13.5%41.4%8.2%46.9%0.0%-2.2%-1.7K44.4K-5920.8428.62N/AN/A602505807598
2017-05-15$5.15$5.0046.4%13.3%40.9%7.9%46.4%0.0%0.5%-1.4K38.5K-5680.8425.79N/AN/A602505807598
2017-05-16$5.15$5.0050.1%14.4%40.7%9.8%50.1%0.0%-2.4%-1.4K42.8K-5660.8436.10N/AN/A602505807598
2017-05-17$4.93$5.0043.7%12.5%42.7%6.5%43.7%0.0%4.0%-1.8K59.3K-5710.8461.13N/AN/A602505807598
2017-05-18$4.95$5.0046.8%13.4%42.8%8.1%46.8%0.0%-0.2%-1.6K57.0K-5700.8335.81N/AN/A612505807598
2017-05-19$5.20$5.0047.8%13.7%47.1%8.6%47.8%0.0%0.2%-2.5K29.1K-5591.2047.91N/AN/A612732817598
2017-05-22$5.23$5.0046.4%13.3%46.4%7.9%46.9%0.0%1.1%-4.9K78.3K-7069.4335.40N/AN/A77726267805
2017-05-23$5.25$5.0046.5%13.3%46.2%8.0%46.6%0.0%0.7%-4.9K80.2K-7079.4329.12N/AN/A77726268805
2017-05-24$5.25$5.0045.1%12.9%43.9%7.2%45.4%0.0%2.0%-4.9K74.5K-6989.4341.74N/AN/A77726268805
2017-05-25$5.28$5.0044.5%12.7%42.0%6.9%44.4%0.0%3.3%-5.0K80.0K-6949.4341.91N/AN/A77726268805
2017-05-26$5.20$5.0046.1%13.2%41.4%7.7%45.9%0.0%-0.4%-5.1K81.2K-6769.4340.31N/AN/A77726267805
2017-05-30$5.20$5.0043.5%12.5%41.4%6.4%44.5%0.0%4.3%-5.2K84.2K-6739.4347.00N/AN/A77726267805
2017-05-31$5.05$5.0046.1%13.2%32.0%7.7%45.8%0.0%2.1%-5.0K94.1K-6729.4349.24N/AN/A77726267805