HLIT Options History — September 2018

In September 2018, HLIT traded between $5.10 and $5.53. ATM implied volatility averaged 39.2%, placing in the 9.0% IV rank vs the trailing year. The 30-day expected move averaged 11.8%. IV traded above realized volatility by 5.9% (HV 20d: 33.3%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 18 of 19 days. Put/call ratio averaged 1.28.

Notable Days

2018-09-24: Highest Volume — 600 contracts
2018-09-12: Largest IV spike — 68.5% change
2018-09-12: Highest IV Rank — 16.7%
2018-09-12: Largest Expected Move — 14.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$5.32	$5.10	$5.53	$5.50	$5.53
Max Pain	$5.00	$5.00	$5.00	$5.00	$5.00
ATM IV	39.2%	27.3%	49.8%	34.5%	30.2%
Expected Move	11.8%	7.8%	14.3%	9.9%	8.7%
HV 20d	33.3%	30.7%	37.0%	30.7%	32.2%
HV 60d	45.0%	41.5%	46.3%	44.6%	41.5%
IV Rank	9.0%	0.3%	16.7%	5.6%	2.5%
IV Percentile	18.4%	0.4%	38.9%	7.1%	2.8%
Term Structure	7.5%	-3.6%	25.0%	9.7%	23.0%
VWIV	42.9%	27.5%	54.3%	37.6%	31.1%
Bid-Ask Spread %	26.45	11.33	64.90	19.63	17.47
Gamma HHI	0.82	0.50	0.96	0.78	0.63
Net GEX	13.7K	2.5K	28.7K	9.1K	4.4K
Net DEX	-309.5K	-428.9K	-109.1K	-415.7K	-266.8K
Net VEX	-684	-842	-546	-697	-771
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.28	0.59	1.90	1.28	1.21
Total Volume	383.211	339	600	361	406
Total OI	3,033.368	2,546	3,136	3,095	2,906

Daily Data (19 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
2018-09-04	$5.50	$5.00	34.5%	9.9%	30.7%	5.6%	37.6%	0.0%	9.7%	9.1K	-415.7K	-697	1.28	19.63	N/A	N/A	158	203	1,142	1,953
2018-09-05	$5.38	$5.00	29.6%	8.5%	31.9%	2.0%	31.0%	0.0%	19.8%	12.1K	-386.5K	-718	1.28	19.34	N/A	N/A	158	203	1,142	1,953
2018-09-06	$5.13	$5.00	40.6%	13.6%	35.3%	10.0%	47.6%	0.0%	4.5%	14.6K	-254.4K	-825	1.28	27.44	N/A	N/A	159	203	1,142	1,953
2018-09-07	$5.30	$5.00	34.0%	12.4%	37.0%	5.2%	43.1%	0.0%	6.2%	15.7K	-347.4K	-731	1.28	38.77	N/A	N/A	159	203	1,143	1,953
2018-09-10	$5.25	$5.00	43.4%	13.6%	37.0%	12.0%	47.6%	0.0%	3.0%	16.4K	-317.5K	-737	1.28	26.95	N/A	N/A	159	203	1,143	1,953
2018-09-11	$5.25	$5.00	29.6%	13.0%	35.7%	2.0%	45.3%	0.0%	5.5%	17.9K	-345.6K	-598	1.28	25.36	N/A	N/A	159	203	1,143	1,953
2018-09-12	$5.25	$5.00	49.8%	14.3%	35.5%	16.7%	49.9%	0.0%	0.4%	18.1K	-346.9K	-667	1.29	31.24	N/A	N/A	158	204	1,143	1,953
2018-09-13	$5.23	$5.00	45.1%	12.9%	31.0%	13.2%	45.1%	0.0%	4.4%	20.0K	-332.6K	-669	1.31	64.90	N/A	N/A	156	204	1,146	1,956
2018-09-14	$5.25	$5.00	47.1%	13.5%	31.0%	14.7%	47.2%	0.0%	2.7%	18.2K	-346.4K	-648	1.31	25.31	N/A	N/A	156	204	1,146	1,956
2018-09-17	$5.23	$5.00	49.5%	14.2%	31.0%	16.4%	49.5%	0.0%	0.0%	19.3K	-320.3K	-620	1.26	26.28	N/A	N/A	168	211	1,146	1,966
2018-09-18	$5.20	$5.00	45.9%	13.2%	30.8%	13.8%	45.7%	0.0%	3.6%	21.8K	-346.8K	-595	1.22	33.18	N/A	N/A	173	211	1,155	1,966
2018-09-19	$5.10	$5.00	47.1%	13.5%	31.1%	14.7%	47.1%	0.0%	2.7%	24.0K	-251.5K	-614	1.30	31.67	N/A	N/A	163	212	1,160	1,966
2018-09-20	$5.15	$5.00	44.0%	12.6%	31.4%	12.5%	44.1%	0.0%	5.3%	28.7K	-327.2K	-575	1.26	40.10	N/A	N/A	168	212	1,159	1,967
2018-09-21	$5.40	$5.00	37.0%	10.6%	35.3%	7.3%	45.0%	0.0%	1.8%	2.5K	-428.9K	-546	1.18	20.05	N/A	N/A	180	212	1,169	1,967
2018-09-24	$5.53	$5.00	41.7%	12.0%	34.3%	10.8%	54.3%	0.0%	-3.6%	2.6K	-109.1K	-580	0.59	16.01	N/A	N/A	378	222	580	1,966
2018-09-25	$5.48	$5.00	34.0%	9.7%	34.4%	5.2%	38.0%	0.0%	14.8%	5.5K	-228.6K	-803	1.62	12.98	N/A	N/A	137	222	895	1,977
2018-09-26	$5.48	$5.00	34.7%	10.0%	34.2%	5.7%	38.9%	0.0%	14.4%	5.8K	-245.2K	-842	1.15	14.45	N/A	N/A	193	222	939	1,977
2018-09-27	$5.50	$5.00	27.3%	7.8%	33.6%	0.3%	27.5%	0.0%	25.0%	4.3K	-263.5K	-756	1.90	11.33	N/A	N/A	117	222	923	1,977
2018-09-28	$5.53	$5.00	30.2%	8.7%	32.2%	2.5%	31.1%	0.0%	23.0%	4.4K	-266.8K	-771	1.21	17.47	N/A	N/A	184	222	929	1,977