HLIT Options History — December 2017

In December 2017, HLIT traded between $3.95 and $4.35. ATM implied volatility averaged 55.3%, placing in the 25.3% IV rank vs the trailing year. The 30-day expected move averaged 12.3%. IV traded above realized volatility by 5.3% (HV 20d: 49.9%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 14 of 20 days. Put/call ratio averaged 1.07.

Notable Days

2017-12-07: Highest Volume — 704 contracts
2017-12-14: Largest IV spike — 62.5% change
2017-12-11: Highest IV Rank — 62.5%
2017-12-01: Largest Expected Move — 20.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$4.19	$3.95	$4.35	$3.95	$4.20
Max Pain	$2.50	$2.50	$2.50	$2.50	$2.50
ATM IV	55.3%	30.6%	94.9%	71.8%	45.3%
Expected Move	12.3%	8.8%	20.6%	20.6%	13.0%
HV 20d	49.9%	42.6%	55.7%	54.8%	44.1%
HV 60d	68.1%	67.0%	69.6%	69.6%	67.0%
IV Rank	25.3%	2.1%	62.5%	40.8%	15.9%
IV Percentile	42.6%	0.8%	95.6%	84.9%	20.6%
Term Structure	12.5%	-8.3%	27.3%	13.4%	-0.4%
VWIV	46.5%	31.5%	74.3%	47.0%	74.3%
Bid-Ask Spread %	35.83	12.32	62.35	24.60	54.87
Gamma HHI	0.55	0.50	0.63	0.59	0.52
Net GEX	-894	-1.2K	-542	-1.1K	-761
Net DEX	-5.6K	-20.9K	13.5K	-10.9K	-5.7K
Net VEX	-813	-1.0K	-649	-1.0K	-794
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.07	0.84	1.22	1.16	1.19
Total Volume	613.65	553	704	597	575
Total OI	2,011.5	1,956	2,074	2,072	2,074

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
2017-12-01	$3.95	$2.50	71.8%	20.6%	54.8%	40.8%	0.0%	0.0%	13.4%	-1.1K	-10.9K	-1.0K	1.16	24.60	N/A	N/A	277	320	597	1,475
2017-12-04	$4.10	$2.50	77.4%	11.3%	55.5%	46.1%	47.0%	0.0%	16.1%	-1.0K	-20.9K	-881	1.16	50.41	N/A	N/A	277	320	597	1,475
2017-12-05	$4.10	$2.50	76.3%	13.9%	55.5%	45.0%	59.9%	0.0%	19.7%	-1.1K	-19.2K	-952	0.84	16.12	N/A	N/A	381	320	597	1,475
2017-12-06	$4.03	$2.50	82.1%	10.2%	55.7%	50.5%	65.2%	0.0%	20.0%	-1.2K	13.5K	-776	0.84	13.68	N/A	N/A	381	320	482	1,475
2017-12-07	$4.15	$2.50	76.3%	12.7%	55.4%	45.0%	52.9%	0.0%	13.1%	-1.2K	5.9K	-826	0.85	55.67	N/A	N/A	381	323	482	1,475
2017-12-08	$4.25	$2.50	62.3%	11.4%	55.2%	31.9%	47.2%	0.0%	19.7%	-1.1K	-1.2K	-793	0.85	12.32	N/A	N/A	381	323	482	1,479
2017-12-11	$4.30	$2.50	94.9%	11.2%	54.8%	62.5%	39.8%	0.0%	25.4%	-995	-3.3K	-768	1.13	15.14	N/A	N/A	286	323	482	1,479
2017-12-12	$4.33	$2.50	76.9%	14.4%	53.5%	45.5%	59.5%	0.0%	-0.8%	-1.1K	-2.2K	-803	1.13	35.66	N/A	N/A	286	323	477	1,479
2017-12-13	$4.35	$2.50	30.6%	8.8%	51.0%	2.1%	32.8%	0.0%	23.5%	-664	-9.7K	-649	1.22	18.55	N/A	N/A	264	323	477	1,479
2017-12-14	$4.35	$2.50	49.6%	14.2%	50.7%	20.0%	55.3%	0.0%	-0.8%	-1.0K	-3.3K	-728	1.22	62.35	N/A	N/A	264	323	477	1,479
2017-12-15	$4.28	$2.50	32.2%	9.2%	50.0%	3.7%	31.5%	0.0%	27.3%	-815	1.9K	-712	0.95	13.94	N/A	N/A	340	323	477	1,479
2017-12-18	$4.18	$2.50	36.8%	10.6%	49.0%	8.0%	36.5%	0.0%	18.7%	-734	-8.8K	-797	0.95	51.45	N/A	N/A	338	320	537	1,476
2017-12-19	$4.05	$2.50	39.6%	11.4%	47.2%	10.6%	41.7%	0.0%	17.4%	-895	2.3K	-820	1.19	13.40	N/A	N/A	268	320	537	1,476
2017-12-20	$4.22	$2.50	36.4%	10.4%	49.2%	7.6%	35.8%	0.0%	-0.8%	-572	-12.8K	-844	1.19	51.30	N/A	N/A	268	320	547	1,476
2017-12-21	$4.22	$2.50	37.0%	10.6%	42.9%	8.1%	36.7%	0.0%	17.8%	-557	-12.3K	-831	1.09	53.08	N/A	N/A	268	293	547	1,476
2017-12-22	$4.10	$2.50	40.0%	11.5%	43.5%	11.0%	41.7%	0.0%	14.6%	-758	908	-821	1.09	52.63	N/A	N/A	268	293	547	1,504
2017-12-26	$4.15	$2.50	52.6%	15.1%	42.6%	22.8%	43.3%	0.0%	-8.3%	-968	5.6K	-881	1.13	16.27	N/A	N/A	260	293	547	1,504
2017-12-27	$4.28	$2.50	39.7%	11.4%	44.1%	10.7%	39.2%	0.0%	23.1%	-542	-13.6K	-785	1.12	51.54	N/A	N/A	262	293	548	1,504
2017-12-28	$4.30	$2.50	47.8%	13.7%	44.1%	18.3%	42.8%	0.0%	-7.9%	-757	-18.6K	-786	1.19	53.56	N/A	N/A	262	313	550	1,504
2017-12-29	$4.20	$2.50	45.3%	13.0%	44.1%	15.9%	74.3%	0.0%	-0.4%	-761	-5.7K	-794	1.19	54.87	N/A	N/A	262	313	550	1,524