HLIT Options History — July 2018

In July 2018, HLIT traded between $4.15 and $4.75. ATM implied volatility averaged 57.6%, placing in the 21.1% IV rank vs the trailing year. The 30-day expected move averaged 17.2%. IV traded above realized volatility by 17.5% (HV 20d: 40.0%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 10 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 5.54.

Notable Days

2018-07-20: Highest Volume — 708 contracts
2018-07-30: Largest IV spike — 85.8% change
2018-07-30: Highest IV Rank — 48.0%
2018-07-30: Largest Expected Move — 27.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$4.39	$4.15	$4.75	$4.45	$4.58
Max Pain	$5.00	$5.00	$5.00	$5.00	$5.00
ATM IV	57.6%	37.4%	94.1%	37.4%	48.5%
Expected Move	17.2%	10.7%	27.0%	10.7%	13.9%
HV 20d	40.0%	35.5%	42.8%	36.4%	38.6%
HV 60d	44.8%	36.3%	48.6%	46.0%	36.3%
IV Rank	21.1%	6.6%	48.0%	6.6%	14.4%
IV Percentile	40.2%	8.3%	85.7%	8.3%	25.8%
Term Structure	-5.9%	-29.5%	30.6%	30.6%	-8.0%
VWIV	61.5%	47.8%	94.5%	47.8%	50.2%
Bid-Ask Spread %	26.17	8.62	38.39	15.94	28.55
Gamma HHI	0.52	0.42	0.80	0.54	0.80
Net GEX	429	-824	4.8K	1.0K	4.8K
Net DEX	18.6K	-86.1K	70.2K	11.3K	-57.0K
Net VEX	-446	-809	-305	-305	-435
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	5.54	0.02	11.61	10.35	0.25
Total Volume	467.048	179	708	522	400
Total OI	2,765.571	2,069	3,145	3,045	2,502

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
2018-07-02	$4.45	$5.00	37.4%	10.7%	36.4%	6.6%	47.8%	0.0%	30.6%	1.0K	11.3K	-305	10.35	15.94	N/A	N/A	46	476	589	2,456
2018-07-03	$4.15	$5.00	38.4%	11.0%	41.6%	6.9%	0.0%	0.0%	25.2%	-824	69.0K	-481	10.35	32.43	N/A	N/A	46	476	595	2,457
2018-07-05	$4.25	$0.00	61.2%	15.9%	42.3%	23.7%	0.0%	0.0%	-5.0%	-120	44.0K	-554	10.35	35.81	N/A	N/A	46	476	595	2,457
2018-07-06	$4.25	$0.00	48.9%	19.2%	42.1%	14.7%	0.0%	0.0%	-12.1%	-376	59.9K	-507	10.35	38.39	N/A	N/A	46	476	595	2,457
2018-07-09	$4.25	$0.00	49.8%	18.5%	42.1%	15.4%	0.0%	0.0%	-12.9%	-649	67.8K	-415	10.35	26.91	N/A	N/A	46	476	590	2,457
2018-07-10	$4.30	$0.00	43.2%	19.0%	42.2%	10.5%	0.0%	0.0%	-8.3%	-798	70.2K	-467	10.35	30.80	N/A	N/A	46	476	590	2,457
2018-07-11	$4.35	$0.00	68.1%	19.5%	42.4%	28.8%	0.0%	0.0%	-11.8%	-562	65.1K	-447	10.35	26.81	N/A	N/A	46	476	590	2,457
2018-07-12	$4.43	$0.00	60.6%	17.4%	42.1%	23.3%	0.0%	0.0%	-6.3%	499	51.1K	-431	10.35	29.43	N/A	N/A	46	476	590	2,457
2018-07-13	$4.45	$0.00	61.0%	17.5%	42.0%	23.6%	0.0%	0.0%	-5.8%	346	25.8K	-377	11.61	30.98	N/A	N/A	41	476	590	2,457
2018-07-16	$4.35	$0.00	63.5%	18.2%	42.8%	25.4%	0.0%	0.0%	-5.9%	-627	67.9K	-456	11.61	16.89	N/A	N/A	41	476	590	2,457
2018-07-17	$4.35	$0.00	72.1%	20.7%	42.8%	31.8%	0.0%	0.0%	-17.7%	-645	66.7K	-386	2.66	23.35	N/A	N/A	179	476	590	2,457
2018-07-18	$4.33	$0.00	73.2%	21.0%	42.7%	32.6%	0.0%	0.0%	-18.7%	-258	59.9K	-482	2.66	23.41	N/A	N/A	179	476	688	2,457
2018-07-19	$4.40	$0.00	46.5%	13.3%	42.3%	13.0%	0.0%	0.0%	2.1%	-48	6.5K	-450	2.55	11.31	N/A	N/A	187	476	688	2,343
2018-07-20	$4.43	$0.00	54.0%	15.5%	39.2%	18.5%	54.5%	0.0%	-6.0%	586	-2.2K	-341	2.05	8.62	N/A	N/A	232	476	688	2,343
2018-07-23	$4.43	$5.00	63.0%	18.0%	37.3%	25.0%	62.8%	0.0%	-10.5%	584	-29.4K	-389	0.02	36.14	N/A	N/A	209	5	315	1,754
2018-07-24	$4.38	$5.00	63.9%	18.3%	37.3%	25.7%	64.1%	0.0%	-8.7%	688	-30.1K	-425	0.02	32.13	N/A	N/A	202	5	355	1,754
2018-07-25	$4.35	$5.00	60.3%	17.3%	35.8%	23.1%	65.4%	0.0%	-6.9%	704	-29.7K	-414	0.02	34.42	N/A	N/A	202	5	355	1,754
2018-07-26	$4.43	$5.00	50.5%	14.5%	35.7%	15.9%	60.0%	0.0%	-10.4%	-525	10.8K	-809	0.02	11.27	N/A	N/A	269	5	355	1,754
2018-07-27	$4.55	$5.00	50.6%	14.5%	35.5%	16.0%	54.2%	0.0%	2.3%	2.6K	-51.8K	-421	0.03	23.50	N/A	N/A	174	5	456	1,754
2018-07-30	$4.75	$5.00	94.1%	27.0%	37.0%	48.0%	94.5%	0.0%	-29.5%	2.6K	-86.1K	-374	0.02	32.43	N/A	N/A	427	9	478	1,754
2018-07-31	$4.58	$5.00	48.5%	13.9%	38.6%	14.4%	50.2%	0.0%	-8.0%	4.8K	-57.0K	-435	0.25	28.55	N/A	N/A	321	79	673	1,829