HLIT Options History — July 2017

In July 2017, HLIT traded between $4.03 and $5.28. ATM implied volatility averaged 49.1%, placing in the 16.3% IV rank vs the trailing year. The 30-day expected move averaged 14.3%. IV traded above realized volatility by 9.3% (HV 20d: 39.9%). Max pain ranged from $5.00 to $7.50. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 3 of 20 days. Put/call ratio averaged 1.80.

Notable Days

2017-07-10: Highest Volume — 743 contracts
2017-07-24: Largest IV drop — 37.0% change
2017-07-17: Highest IV Rank — 25.3%
2017-07-17: Largest Expected Move — 16.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$4.62	$4.03	$5.28	$5.25	$4.15
Max Pain	$6.38	$5.00	$7.50	$5.00	$5.00
ATM IV	49.1%	36.3%	59.0%	41.4%	47.0%
Expected Move	14.3%	10.4%	16.9%	11.9%	13.5%
HV 20d	39.9%	28.7%	45.2%	38.0%	43.5%
HV 60d	40.8%	38.2%	44.6%	38.3%	39.9%
IV Rank	16.3%	6.6%	25.3%	9.1%	15.4%
IV Percentile	29.8%	1.6%	63.1%	5.2%	23.4%
Term Structure	-4.7%	-19.9%	30.8%	17.5%	30.8%
VWIV	49.8%	37.4%	59.0%	45.2%	56.5%
Bid-Ask Spread %	33.52	11.89	85.48	58.46	20.19
Gamma HHI	0.86	0.77	0.94	0.92	0.80
Net GEX	-7.6K	-13.8K	-2.9K	-12.4K	-3.3K
Net DEX	212.1K	129.0K	331.9K	137.9K	204.7K
Net VEX	-812	-1.0K	-595	-1.0K	-602
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.80	1.08	3.26	3.26	1.23
Total Volume	606.65	491	743	669	578
Total OI	1,530.8	1,217	1,704	1,601	1,247

Daily Data (20 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2017-07-03	$5.25	$5.00	41.4%	11.9%	38.0%	9.1%	45.2%	0.0%	17.5%	-12.4K	137.9K	-1.0K	3.26	58.46	N/A	N/A	157	512	344	1,257
2017-07-05	$5.15	$5.00	49.8%	14.3%	38.0%	15.0%	48.4%	0.0%	-5.8%	-12.1K	154.0K	-1.0K	3.26	85.48	N/A	N/A	157	512	344	1,257
2017-07-06	$5.25	$7.50	45.8%	15.4%	38.8%	12.2%	53.7%	0.0%	-3.4%	-11.0K	137.6K	-1.0K	3.26	27.76	N/A	N/A	157	512	344	1,257
2017-07-07	$5.28	$7.50	53.7%	14.9%	37.4%	17.7%	52.4%	0.0%	-0.9%	-11.1K	129.0K	-1.0K	3.26	32.20	N/A	N/A	157	512	344	1,257
2017-07-10	$5.20	$7.50	46.0%	15.8%	33.1%	12.3%	55.1%	0.0%	-5.7%	-11.9K	139.3K	-1.0K	2.22	23.71	N/A	N/A	231	512	344	1,257
2017-07-11	$5.15	$7.50	53.2%	15.8%	33.3%	17.4%	55.0%	0.0%	-8.2%	-13.8K	160.9K	-968	2.22	20.28	N/A	N/A	231	512	418	1,257
2017-07-12	$5.15	$7.50	55.2%	15.8%	32.4%	20.0%	54.9%	0.0%	-7.6%	-12.7K	154.6K	-965	1.92	27.89	N/A	N/A	231	443	418	1,257
2017-07-13	$5.10	$7.50	52.8%	15.1%	28.7%	20.2%	52.8%	0.0%	-5.2%	-13.8K	166.8K	-958	1.92	27.35	N/A	N/A	231	443	418	1,269
2017-07-14	$4.68	$7.50	51.6%	14.8%	41.4%	19.2%	51.5%	0.0%	-5.8%	-9.2K	257.5K	-890	1.08	61.33	N/A	N/A	236	255	418	1,269
2017-07-17	$4.63	$7.50	59.0%	16.9%	41.4%	25.3%	59.0%	0.0%	-12.8%	-9.6K	295.2K	-838	1.08	21.80	N/A	N/A	236	255	425	1,279
2017-07-18	$4.28	$7.50	47.6%	13.6%	44.1%	15.9%	37.4%	0.0%	-10.6%	-4.0K	321.4K	-746	1.10	30.85	N/A	N/A	246	271	425	1,279
2017-07-19	$4.33	$7.50	48.9%	14.0%	44.9%	17.0%	39.6%	0.0%	-13.8%	-4.2K	322.7K	-727	1.10	32.74	N/A	N/A	246	271	435	1,268
2017-07-20	$4.22	$7.50	58.6%	16.8%	45.2%	25.0%	54.1%	0.0%	-19.9%	-3.9K	331.9K	-669	1.36	12.66	N/A	N/A	251	342	435	1,268
2017-07-21	$4.20	$5.00	57.5%	16.5%	43.9%	24.1%	50.9%	0.0%	-17.4%	-3.5K	305.2K	-673	1.36	11.89	N/A	N/A	244	332	440	1,211
2017-07-24	$4.15	$5.00	36.3%	10.4%	43.8%	6.6%	40.8%	0.0%	-4.1%	-3.4K	198.9K	-644	1.29	20.14	N/A	N/A	250	322	308	909
2017-07-25	$4.10	$5.00	38.6%	11.1%	43.6%	8.5%	43.4%	0.0%	-4.8%	-3.2K	197.7K	-633	1.29	12.92	N/A	N/A	250	322	308	909
2017-07-26	$4.10	$5.00	47.9%	13.7%	43.5%	16.2%	49.5%	0.0%	6.2%	-3.1K	206.9K	-609	1.29	53.16	N/A	N/A	250	322	338	909
2017-07-27	$4.03	$5.00	49.9%	14.3%	40.8%	17.8%	50.8%	0.0%	-16.1%	-2.9K	211.0K	-595	1.29	74.98	N/A	N/A	250	322	338	909
2017-07-28	$4.03	$5.00	41.6%	11.9%	41.0%	11.0%	44.5%	0.0%	-6.9%	-3.0K	209.3K	-600	1.29	14.70	N/A	N/A	250	322	338	909
2017-07-31	$4.15	$5.00	47.0%	13.5%	43.5%	15.4%	56.5%	0.0%	30.8%	-3.3K	204.7K	-602	1.23	20.19	N/A	N/A	259	319	338	909