HLIT Options History — August 2018

In August 2018, HLIT traded between $4.60 and $5.60. ATM implied volatility averaged 39.6%, placing in the 8.2% IV rank vs the trailing year. The 30-day expected move averaged 11.7%. IV traded below realized volatility by 15.8% (HV 20d: 55.4%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 18 of 23 days. Put/call ratio averaged 0.27.

Notable Days

  • 2018-08-07: Highest Volume — 1,127 contracts
  • 2018-08-02: Largest IV spike — 95.6% change
  • 2018-08-02: Highest IV Rank — 24.7%
  • 2018-08-02: Largest Expected Move — 17.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.27$4.60$5.60$4.60$5.40
Max Pain$5.00$5.00$5.00$5.00$5.00
ATM IV39.6%26.8%62.5%31.9%37.0%
Expected Move11.7%7.7%17.9%9.2%10.6%
HV 20d55.4%28.0%61.1%28.0%31.1%
HV 60d43.9%34.7%45.0%34.7%44.5%
IV Rank8.2%0.0%24.7%2.2%7.4%
IV Percentile14.4%0.0%46.8%1.2%9.9%
Term Structure4.1%-8.7%19.2%9.6%-6.0%
VWIV42.8%26.4%72.5%40.9%48.7%
Bid-Ask Spread %26.83-3.9972.1314.2222.57
Gamma HHI0.880.770.950.870.85
Net GEX13.1K5.5K19.0K5.5K11.3K
Net DEX-364.0K-461.5K-60.6K-60.6K-345.2K
Net VEX-743-907-358-358-849
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.270.031.280.161.28
Total Volume439.0431781,127571361
Total OI2,938.872,4133,0802,4133,075

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-08-01$4.60$5.0031.9%9.2%28.0%2.2%40.9%0.0%9.6%5.5K-60.6K-3580.1614.22N/AN/A494776291,784
2018-08-02$5.28$5.0062.5%17.9%54.7%24.7%72.5%0.0%1.2%13.4K-403.4K-8960.09-3.99N/AN/A898771,2341,784
2018-08-03$5.08$5.0038.2%11.0%57.3%6.8%41.5%0.0%-2.6%15.3K-333.5K-9070.0772.13N/AN/A1,040771,2281,784
2018-08-06$5.20$5.0033.3%12.1%57.5%3.2%42.3%0.0%5.1%15.8K-345.5K-8030.0728.54N/AN/A1,040771,1401,784
2018-08-07$5.18$5.0041.7%12.9%57.7%9.4%44.9%0.0%2.9%14.5K-337.4K-8060.0723.70N/AN/A1,050771,1401,784
2018-08-08$5.30$5.0033.7%12.8%57.9%3.5%44.6%0.0%3.1%13.8K-397.9K-8350.0925.23N/AN/A864791,2001,784
2018-08-09$5.23$5.0042.0%12.6%58.3%9.6%44.1%0.0%1.9%14.1K-368.7K-8530.5121.08N/AN/A154791,1991,788
2018-08-10$5.18$5.0040.6%12.7%58.7%8.6%44.3%0.0%1.0%14.9K-348.0K-8450.5126.38N/AN/A154791,1991,788
2018-08-13$5.05$5.0041.3%12.0%58.9%9.1%41.9%0.0%1.8%19.0K-301.1K-8020.5120.83N/AN/A154791,1991,788
2018-08-14$5.00$5.0048.2%12.3%59.1%14.2%45.8%0.0%-1.7%18.0K-282.0K-7950.5121.33N/AN/A154791,1991,788
2018-08-15$5.25$5.0043.3%12.4%60.8%10.6%43.3%0.0%3.5%14.9K-392.3K-7700.3138.57N/AN/A253791,1991,788
2018-08-16$5.25$5.0046.5%13.3%60.8%12.9%46.4%0.0%0.8%15.7K-416.5K-8180.3132.09N/AN/A253791,2941,786
2018-08-17$5.28$5.0043.1%12.3%60.8%10.4%43.1%0.0%1.7%12.4K-450.6K-8050.2729.28N/AN/A297791,2941,786
2018-08-20$5.23$5.0043.5%12.5%61.1%10.7%44.0%0.0%-0.3%12.9K-344.0K-7770.0445.17N/AN/A18671,1391,757
2018-08-21$5.30$5.0043.9%12.6%60.7%11.0%43.8%0.0%2.5%13.4K-354.3K-7710.0429.55N/AN/A18471,1441,757
2018-08-22$5.30$5.0034.3%9.8%60.5%3.9%31.0%0.0%14.3%16.4K-363.4K-7440.0455.44N/AN/A18471,1441,757
2018-08-23$5.40$5.0036.3%10.4%60.5%5.4%45.8%0.0%0.5%12.2K-394.1K-7280.0318.16N/AN/A23971,1441,757
2018-08-24$5.58$5.0030.0%8.6%60.7%0.8%33.6%0.0%12.5%9.0K-455.2K-5000.0418.56N/AN/A17171,0841,757
2018-08-27$5.55$5.0026.8%7.7%59.7%0.0%26.4%0.0%18.4%8.2K-461.5K-4500.0413.40N/AN/A17571,1211,757
2018-08-28$5.50$5.0029.0%8.3%57.8%1.6%31.5%0.0%12.5%10.3K-447.3K-4970.0423.46N/AN/A17171,1211,757
2018-08-29$5.60$5.0040.6%11.7%57.8%10.0%28.9%0.0%19.2%10.3K-422.5K-6120.0427.96N/AN/A17471,1211,757
2018-08-30$5.45$5.0044.0%12.6%34.2%12.5%55.8%0.0%-8.7%10.0K-346.5K-8731.1813.39N/AN/A1722031,1221,953
2018-08-31$5.40$5.0037.0%10.6%31.1%7.4%48.7%0.0%-6.0%11.3K-345.2K-8491.2822.57N/AN/A1582031,1221,953