HLIT Options History — November 2018

In November 2018, HLIT traded between $5.44 and $6.17. ATM implied volatility averaged 48.0%, placing in the 15.4% IV rank vs the trailing year. The 30-day expected move averaged 10.9%. IV traded above realized volatility by 0.8% (HV 20d: 47.2%). Max pain ranged from $2.50 to $5.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.94.

Notable Days

  • 2018-11-07: Highest Volume — 469 contracts
  • 2018-11-02: Largest IV spike — 87.0% change
  • 2018-11-12: Highest IV Rank — 41.8%
  • 2018-11-02: Largest Expected Move — 15.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.81$5.44$6.17$5.64$5.65
Max Pain$4.17$2.50$5.00$5.00$2.50
ATM IV48.0%29.7%84.5%29.7%43.9%
Expected Move10.9%8.5%15.9%8.5%12.6%
HV 20d47.2%36.2%53.6%36.2%52.9%
HV 60d38.6%33.5%41.5%33.5%40.2%
IV Rank15.4%2.1%41.8%2.1%12.3%
IV Percentile35.5%2.4%86.5%2.4%31.7%
Term Structure1.2%-27.9%18.5%18.5%-6.0%
VWIV42.7%30.3%67.5%30.3%55.2%
Bid-Ask Spread %25.5311.9579.5212.0179.52
Gamma HHI0.700.491.001.000.49
Net GEX5.4K3.6K7.4K3.6K7.0K
Net DEX-273.6K-386.2K-182.3K-226.2K-295.0K
Net VEX-963-1.1K-655-977-1.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.940.252.460.812.36
Total Volume252.7148346928684
Total OI1,628.6191,4981,8471,6131,732

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-11-01$5.64$5.0029.7%8.5%36.2%2.1%30.3%0.0%18.5%3.6K-226.2K-9770.8112.01N/AN/A1581281,166447
2018-11-02$6.17$5.0055.6%15.9%48.4%20.9%67.5%0.0%-27.9%5.8K-322.1K-1.1K0.4518.45N/AN/A2861281,165447
2018-11-05$6.01$5.0058.9%12.2%49.6%23.2%57.6%0.0%-4.8%5.3K-272.8K-1.1K0.6413.36N/AN/A2001281,147447
2018-11-06$5.90$5.0054.4%12.7%49.3%20.0%57.3%0.0%-5.5%4.8K-255.0K-1.1K0.4113.48N/AN/A3161281,151447
2018-11-07$5.90$5.0057.4%9.5%48.9%22.2%34.6%0.0%9.3%4.1K-242.9K-9290.3816.34N/AN/A3411281,125447
2018-11-08$5.95$5.0062.7%9.1%44.3%26.0%36.0%0.0%12.8%4.3K-245.2K-9541.0913.48N/AN/A1171281,105447
2018-11-09$5.92$5.0063.6%9.5%44.5%26.7%34.1%0.0%10.2%4.1K-236.1K-9171.0913.71N/AN/A1171281,107447
2018-11-12$5.84$5.0084.5%9.2%45.0%41.8%36.6%0.0%14.3%4.3K-230.3K-9200.4213.67N/AN/A3041281,107447
2018-11-13$5.93$5.0081.6%9.9%42.7%39.7%39.8%0.0%-6.6%4.1K-344.4K-6551.2419.39N/AN/A1031281,287447
2018-11-14$6.13$5.0037.6%10.8%43.7%7.8%50.9%0.0%-12.4%6.9K-386.2K-1.1K1.5617.70N/AN/A821281,305447
2018-11-15$6.04$5.0037.0%10.6%43.2%7.4%39.4%0.0%-7.5%6.0K-351.7K-9520.2515.40N/AN/A268661,286447
2018-11-16$6.00$5.0034.0%9.7%43.0%5.2%36.4%0.0%-5.1%7.1K-372.1K-1.1K0.4614.22N/AN/A142661,437410
2018-11-19$5.59$5.0032.5%9.3%49.3%4.1%34.9%0.0%9.8%6.1K-253.9K-9650.4322.02N/AN/A225971,325206
2018-11-20$5.44$5.0048.8%14.0%50.2%15.9%48.2%0.0%-2.3%4.9K-182.3K-9151.0039.30N/AN/A97971,245253
2018-11-21$5.53$2.5039.8%11.4%49.4%9.4%33.6%0.0%11.4%5.0K-191.2K-9370.5834.85N/AN/A97561,234297
2018-11-23$5.60$2.5034.5%9.9%49.0%5.6%36.7%0.0%12.7%5.2K-208.5K-9400.5815.74N/AN/A97561,234297
2018-11-26$5.59$2.5036.9%10.6%48.9%7.3%34.3%0.0%-1.1%4.8K-198.9K-8480.2858.38N/AN/A199561,234297
2018-11-27$5.61$2.5034.1%9.8%48.9%5.3%38.9%0.0%3.3%6.1K-270.5K-9040.7216.70N/AN/A78561,371297
2018-11-28$5.88$2.5037.2%10.7%51.4%7.5%38.1%0.0%8.4%7.4K-351.9K-9752.4611.95N/AN/A24591,435297
2018-11-29$5.64$2.5043.9%12.6%53.6%12.4%55.9%0.0%-5.7%7.3K-307.8K-1.0K2.4676.48N/AN/A24591,431301
2018-11-30$5.65$2.5043.9%12.6%52.9%12.3%55.2%0.0%-6.0%7.0K-295.0K-1.0K2.3679.52N/AN/A25591,431301