HLIT Options History — January 2019

In January 2019, HLIT traded between $4.56 and $5.27. ATM implied volatility averaged 49.3%, placing in the 16.3% IV rank vs the trailing year. The 30-day expected move averaged 14.4%. IV traded above realized volatility by 5.5% (HV 20d: 43.9%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 2.10.

Notable Days

  • 2019-01-31: Highest Volume — 153 contracts
  • 2019-01-23: Largest IV spike — 62.2% change
  • 2019-01-28: Highest IV Rank — 30.6%
  • 2019-01-28: Largest Expected Move — 19.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.93$4.56$5.27$4.79$5.27
Max Pain$5.00$5.00$5.00$5.00$5.00
ATM IV49.3%36.7%69.0%39.4%67.6%
Expected Move14.4%10.5%19.8%11.3%14.7%
HV 20d43.9%39.3%46.8%42.7%45.2%
HV 60d46.9%44.2%48.2%45.2%44.2%
IV Rank16.3%7.2%30.6%9.1%29.5%
IV Percentile43.4%16.7%75.4%24.6%74.6%
Term Structure2.2%-17.4%23.4%13.3%1.6%
VWIV51.1%28.9%68.6%29.2%64.0%
Bid-Ask Spread %81.2623.15117.2870.2744.94
Gamma HHI0.640.490.810.640.69
Net GEX3.3K1.1K8.7K3.0K1.3K
Net DEX-47.5K-206.6K34.1K-26.4K-75.6K
Net VEX-420-567-283-475-567
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.100.0011.110.003.64
Total Volume48.38101536153
Total OI1,183.7625581,5051,469857

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-01-02$4.79$5.0039.4%11.3%42.7%9.1%29.2%0.0%13.3%3.0K-26.4K-4750.0070.27N/AN/A601,165304
2019-01-03$4.56$0.0038.9%14.2%39.3%8.7%0.0%0.0%1.0%2.3K34.1K-3620.17101.11N/AN/A611,165304
2019-01-04$4.81$0.0039.1%12.4%45.0%8.9%0.0%0.0%5.6%3.1K-24.5K-4510.13102.29N/AN/A811,165304
2019-01-07$4.88$0.0045.3%15.8%45.5%13.4%0.0%0.0%-5.6%3.4K-43.6K-4620.00100.68N/AN/A021,171304
2019-01-08$5.01$0.0037.8%13.4%46.8%8.0%46.7%0.0%1.6%4.5K-76.9K-4760.5894.59N/AN/A1271,171306
2019-01-09$5.03$5.0049.1%14.1%44.7%16.2%49.2%0.0%0.1%5.0K-93.6K-4920.5898.76N/AN/A1271,183302
2019-01-10$4.83$5.0045.1%12.9%44.2%13.2%45.2%0.0%8.9%4.4K-16.2K-4510.58101.99N/AN/A1271,183302
2019-01-11$4.77$5.0039.3%11.3%43.5%9.0%28.9%0.0%22.9%3.8K3.0K-3970.92114.65N/AN/A12111,183306
2019-01-14$4.68$5.0037.2%10.7%43.7%7.5%0.0%0.0%23.3%3.1K28.2K-3390.00111.47N/AN/A001,183306
2019-01-15$4.80$5.0038.1%10.9%41.3%8.2%0.0%0.0%23.4%4.2K15.7K-3750.00117.28N/AN/A001,183306
2019-01-16$4.83$5.0049.4%14.2%40.3%16.3%0.0%0.0%1.2%4.7K3.7K-3570.00100.95N/AN/A001,183306
2019-01-17$4.98$5.0044.5%12.8%41.8%12.8%0.0%0.0%7.5%8.7K-61.3K-3751.5098.00N/AN/A20301,183306
2019-01-18$5.09$5.0049.1%14.1%42.2%16.2%49.1%0.0%2.5%2.2K-206.6K-3641.0389.46N/AN/A29301,199306
2019-01-22$4.81$5.0036.7%10.5%45.2%7.2%36.7%0.0%6.6%2.1K-46.9K-2830.1783.65N/AN/A305454104
2019-01-23$4.86$5.0059.5%17.1%44.4%23.7%59.5%0.0%-7.2%2.1K-53.3K-3330.1731.68N/AN/A305484109
2019-01-24$4.97$5.0058.9%16.9%44.9%23.2%58.8%0.0%-17.4%2.3K-62.3K-3390.0185.98N/AN/A761484109
2019-01-25$5.12$5.0061.4%17.6%45.8%25.1%61.4%0.0%-2.7%2.8K-86.4K-4170.2923.15N/AN/A10831535110
2019-01-28$5.10$5.0069.0%19.8%45.2%30.6%68.6%0.0%-8.5%2.7K-79.5K-45010.0025.55N/AN/A10100551140
2019-01-29$5.14$5.0067.2%19.3%44.9%29.3%67.2%0.0%-16.6%1.3K-65.7K-52111.1167.53N/AN/A9100561255
2019-01-30$5.14$5.0063.8%18.3%44.9%26.8%64.0%0.0%-16.1%1.1K-62.6K-5294.8042.49N/AN/A25120562265
2019-01-31$5.27$0.0067.6%14.7%45.2%29.5%0.0%0.0%1.6%1.3K-75.6K-5673.6444.94N/AN/A33120572285