HLIT Options History — May 2018

In May 2018, HLIT traded between $3.45 and $4.03. ATM implied volatility averaged 58.9%, placing in the 22.5% IV rank vs the trailing year. The 30-day expected move averaged 15.2%. IV traded below realized volatility by 3.3% (HV 20d: 62.2%). Max pain ranged from $2.50 to $5.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 10.68.

Notable Days

  • 2018-05-01: Highest Volume — 1,260 contracts
  • 2018-05-07: Largest IV spike — 88.2% change
  • 2018-05-07: Highest IV Rank — 77.0%
  • 2018-05-02: Largest Expected Move — 24.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.81$3.45$4.03$4.03$3.88
Max Pain$2.75$2.50$5.00$5.00$2.50
ATM IV58.9%37.4%133.4%51.2%55.4%
Expected Move15.2%10.7%24.3%14.7%15.9%
HV 20d62.2%40.0%66.7%56.1%40.0%
HV 60d57.0%49.1%61.1%57.6%49.1%
IV Rank22.5%6.6%77.0%16.8%19.8%
IV Percentile39.9%4.4%97.6%36.5%38.5%
Term Structure-4.6%-47.8%20.1%-9.9%-16.6%
VWIV76.0%52.1%107.7%59.5%79.5%
Bid-Ask Spread %18.148.4761.1822.6713.47
Gamma HHI0.620.540.720.560.64
Net GEX-2.2K-4.1K-1.3K-1.4K-2.0K
Net DEX82.7K47.4K132.3K66.1K96.0K
Net VEX-1.1K-1.5K-931-1.1K-974
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio10.684.3541.0041.0015.76
Total Volume674.2274301,2601,260620
Total OI3,142.4092,6223,2702,6223,233

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-05-01$4.03$5.0051.2%14.7%56.1%16.8%59.5%0.0%-9.9%-1.4K66.1K-1.1K41.0022.67N/AN/A301,2305602,062
2018-05-02$3.70$5.0084.9%24.3%64.1%41.5%0.0%0.0%-28.4%-2.3K92.2K-1.2K4.3510.96N/AN/A823575652,062
2018-05-03$3.60$0.0083.8%17.8%63.0%40.7%0.0%0.0%-27.0%-2.6K96.8K-1.3K4.8918.95N/AN/A733576252,136
2018-05-04$3.45$0.0070.9%14.8%62.0%31.2%52.1%0.0%-6.9%-3.2K131.2K-1.3K10.1419.83N/AN/A697006262,136
2018-05-07$3.65$2.50133.4%22.5%65.5%77.0%0.0%0.0%-47.8%-3.1K112.6K-1.3K10.1432.47N/AN/A697006292,581
2018-05-08$3.53$2.5087.9%15.2%66.5%43.7%0.0%0.0%13.9%-3.5K132.3K-1.5K8.4314.51N/AN/A695826292,580
2018-05-09$3.65$2.5070.1%20.1%66.0%30.6%67.5%0.0%-22.8%-4.1K114.3K-1.2K4.4821.05N/AN/A1305826292,580
2018-05-10$3.80$2.5057.1%16.4%66.7%21.1%64.5%0.0%18.9%-2.2K68.3K-1.2K4.4812.73N/AN/A1305826902,580
2018-05-11$3.75$2.5063.7%18.3%66.5%25.9%74.8%0.0%-15.5%-2.5K67.6K-1.2K4.4813.28N/AN/A1305826902,580
2018-05-14$3.78$2.5041.0%11.8%66.4%9.3%73.5%0.0%20.1%-2.3K64.3K-1.2K8.3114.75N/AN/A705826892,580
2018-05-15$3.78$2.5054.2%15.5%66.2%19.0%74.7%0.0%2.9%-2.3K64.5K-1.2K6.5461.18N/AN/A895826902,580
2018-05-16$3.85$2.5045.9%13.2%66.4%12.9%72.1%0.0%18.8%-1.9K63.7K-1.2K5.8817.24N/AN/A995826902,580
2018-05-17$3.85$2.5038.4%11.0%65.8%7.4%95.8%0.0%17.1%-1.8K55.6K-1.1K5.8821.72N/AN/A995826902,580
2018-05-18$3.95$2.5044.3%12.7%66.1%11.7%77.4%0.0%17.0%-1.5K48.2K-1.1K5.8820.37N/AN/A995826902,580
2018-05-21$4.03$2.5038.3%11.0%62.8%7.3%76.7%0.0%15.3%-1.3K47.4K-1.1K10.7611.48N/AN/A545816642,561
2018-05-22$4.00$2.5037.4%10.7%61.9%6.6%85.1%0.0%13.8%-1.3K49.8K-1.1K10.0213.38N/AN/A585816632,562
2018-05-23$3.98$2.5041.5%11.9%61.3%9.7%78.7%0.0%-8.3%-1.7K87.5K-99610.418.47N/AN/A565836672,562
2018-05-24$3.92$2.5041.2%11.8%61.7%9.4%107.7%0.0%-9.4%-1.7K86.4K-95915.7614.11N/AN/A375836692,564
2018-05-25$3.88$2.5046.9%13.4%61.8%13.6%79.5%0.0%-10.5%-2.0K93.1K-93115.7611.68N/AN/A375836692,564
2018-05-29$3.83$2.5054.0%15.5%61.8%18.8%0.0%0.0%-21.7%-2.2K100.8K-1.0K15.7614.86N/AN/A375836692,564
2018-05-30$3.90$2.5055.5%15.9%50.7%19.9%0.0%0.0%-14.9%-2.0K81.2K-1.1K15.769.93N/AN/A375836692,564
2018-05-31$3.88$2.5055.4%15.9%40.0%19.8%0.0%0.0%-16.6%-2.0K96.0K-97415.7613.47N/AN/A375836692,564