HLIT Options History — November 2017

In November 2017, HLIT traded between $3.73 and $4.55. ATM implied volatility averaged 58.0%, placing in the 27.8% IV rank vs the trailing year. The 30-day expected move averaged 13.3%. IV traded below realized volatility by 34.1% (HV 20d: 92.1%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 1.51.

Notable Days

2017-11-17: Highest Volume — 890 contracts
2017-11-08: Largest IV drop — 67.2% change
2017-11-02: Highest IV Rank — 87.3%
2017-11-01: Largest Expected Move — 32.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$4.03	$3.73	$4.55	$3.73	$4.25
Max Pain	$2.50	$2.50	$2.50	$2.50	$2.50
ATM IV	58.0%	33.1%	121.4%	113.2%	37.2%
Expected Move	13.3%	9.5%	32.5%	32.5%	10.7%
HV 20d	92.1%	45.6%	99.0%	98.2%	46.9%
HV 60d	67.5%	66.0%	70.0%	67.5%	67.7%
IV Rank	27.8%	4.4%	87.3%	79.6%	8.3%
IV Percentile	30.7%	0.8%	99.6%	98.8%	2.0%
Term Structure	-1.4%	-60.5%	17.3%	-60.5%	15.5%
VWIV	62.3%	31.2%	93.6%	76.9%	44.1%
Bid-Ask Spread %	26.74	16.16	72.13	72.13	22.75
Gamma HHI	0.61	0.50	0.73	0.73	0.56
Net GEX	-918	-1.2K	-648	-1.2K	-955
Net DEX	-36.2K	-64.0K	-5.7K	-25.5K	-37.0K
Net VEX	-852	-1.1K	-698	-702	-945
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.51	0.75	2.89	0.75	1.00
Total Volume	664.19	552	890	709	641
Total OI	1,884.571	1,631	2,082	1,631	2,072

Daily Data (21 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
2017-11-01	$3.73	$2.50	113.2%	32.5%	98.2%	79.6%	0.0%	0.0%	-60.5%	-1.2K	-25.5K	-702	0.75	72.13	N/A	N/A	405	304	508	1,123
2017-11-02	$3.75	$2.50	121.4%	20.5%	98.2%	87.3%	76.9%	0.0%	-28.1%	-1.1K	-17.0K	-828	0.98	25.34	N/A	N/A	309	304	515	1,124
2017-11-03	$3.85	$2.50	108.0%	11.2%	97.9%	74.7%	73.9%	0.0%	-1.3%	-1.0K	-33.7K	-718	0.98	17.94	N/A	N/A	309	304	523	1,124
2017-11-06	$3.85	$2.50	91.7%	13.2%	97.9%	59.5%	53.0%	0.0%	-3.2%	-843	-35.1K	-698	1.23	27.66	N/A	N/A	248	304	523	1,124
2017-11-07	$3.80	$2.50	114.6%	10.0%	97.7%	80.9%	89.2%	0.0%	-3.6%	-677	-36.5K	-722	1.21	66.87	N/A	N/A	252	304	548	1,124
2017-11-08	$3.93	$2.50	37.6%	10.8%	97.8%	8.7%	62.5%	0.0%	-3.4%	-687	-46.2K	-782	1.21	18.80	N/A	N/A	252	304	578	1,124
2017-11-09	$3.85	$2.50	42.2%	12.1%	97.0%	13.1%	63.4%	0.0%	-7.3%	-817	-36.2K	-813	1.21	22.96	N/A	N/A	252	304	578	1,124
2017-11-10	$3.80	$2.50	44.7%	12.8%	97.3%	15.4%	86.0%	0.0%	-8.0%	-695	-42.1K	-734	1.21	27.41	N/A	N/A	252	304	578	1,124
2017-11-13	$3.95	$2.50	41.4%	11.9%	97.4%	12.2%	63.7%	0.0%	0.3%	-801	-34.8K	-817	2.75	16.16	N/A	N/A	232	637	578	1,124
2017-11-14	$3.80	$2.50	56.5%	16.2%	99.0%	26.4%	80.6%	0.0%	-0.5%	-1.2K	-5.7K	-1.1K	2.75	22.14	N/A	N/A	232	637	588	1,474
2017-11-15	$3.88	$2.50	43.3%	12.4%	97.8%	14.0%	92.9%	0.0%	-5.7%	-1.0K	-24.8K	-944	2.83	23.74	N/A	N/A	226	639	588	1,474
2017-11-16	$3.78	$2.50	47.1%	13.5%	98.2%	17.7%	93.6%	0.0%	-1.3%	-1.2K	-14.5K	-857	2.89	24.76	N/A	N/A	221	639	579	1,479
2017-11-17	$3.95	$2.50	44.2%	12.7%	97.3%	14.9%	56.0%	0.0%	-1.0%	-1.2K	-16.2K	-998	2.55	18.97	N/A	N/A	251	639	577	1,479
2017-11-20	$4.15	$2.50	40.6%	11.6%	96.3%	11.5%	55.9%	0.0%	10.8%	-1.0K	-34.9K	-925	1.31	20.75	N/A	N/A	251	329	543	1,470
2017-11-21	$4.22	$2.50	40.6%	11.6%	94.7%	11.5%	44.6%	0.0%	17.3%	-1.1K	-27.9K	-1.0K	1.27	24.44	N/A	N/A	260	329	543	1,475
2017-11-22	$4.50	$2.50	33.1%	9.5%	95.9%	4.4%	31.2%	0.0%	14.9%	-662	-64.0K	-879	1.34	28.65	N/A	N/A	246	329	553	1,475
2017-11-24	$4.55	$2.50	40.0%	11.5%	93.2%	10.9%	35.9%	0.0%	16.0%	-904	-62.1K	-819	1.32	17.60	N/A	N/A	249	329	527	1,475
2017-11-27	$4.40	$2.50	37.7%	10.8%	94.3%	8.8%	38.7%	0.0%	8.7%	-831	-50.9K	-800	1.00	20.13	N/A	N/A	320	320	522	1,475
2017-11-28	$4.35	$2.50	40.9%	11.7%	95.0%	11.8%	42.3%	0.0%	5.6%	-655	-56.1K	-909	1.00	19.95	N/A	N/A	320	320	607	1,475
2017-11-29	$4.35	$2.50	42.1%	12.1%	45.6%	13.0%	44.1%	0.0%	6.3%	-648	-58.6K	-904	1.00	22.40	N/A	N/A	321	320	607	1,475
2017-11-30	$4.25	$2.50	37.2%	10.7%	46.9%	8.3%	0.0%	0.0%	15.5%	-955	-37.0K	-945	1.00	22.75	N/A	N/A	321	320	597	1,475