HLIT Options History — May 2019

In May 2019, HLIT traded between $5.22 and $5.82. ATM implied volatility averaged 42.5%, placing in the 21.2% IV rank vs the trailing year. The 30-day expected move averaged 10.3%. IV traded above realized volatility by 26.4% (HV 20d: 16.1%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 12 of 22 days. Put/call ratio averaged 0.97.

Notable Days

  • 2019-05-01: Highest Volume — 321 contracts
  • 2019-05-15: Largest IV drop — 55.2% change
  • 2019-05-13: Highest IV Rank — 60.2%
  • 2019-05-03: Largest Expected Move — 11.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.54$5.22$5.82$5.57$5.22
Max Pain$5.00$5.00$5.00$5.00$5.00
ATM IV42.5%30.0%67.9%36.4%34.2%
Expected Move10.3%8.6%11.8%10.4%9.8%
HV 20d16.1%7.8%20.7%7.8%20.0%
HV 60d17.5%16.2%29.1%29.1%17.0%
IV Rank21.2%4.7%60.2%9.0%10.8%
IV Percentile41.0%3.6%94.4%22.6%15.9%
Term Structure1.8%-7.8%11.9%10.1%1.7%
VWIV43.3%30.8%51.4%38.1%30.8%
Bid-Ask Spread %74.1313.5896.7813.5879.92
Gamma HHI0.590.520.690.520.69
Net GEX-4.5K-7.9K-1.5K-1.5K-7.9K
Net DEX-62.2K-191.5K102.6K-140.6K102.2K
Net VEX-1.3K-1.5K-1.1K-1.5K-1.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.970.003.362.381.00
Total Volume75.36403213214
Total OI1,914.0451,7002,0412,0411,790

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-05-01$5.57$5.0036.4%10.4%7.8%9.0%38.1%0.0%10.1%-1.5K-140.6K-1.5K2.3813.58N/AN/A952261,0321,009
2019-05-02$5.66$5.0036.9%10.6%9.5%9.4%44.0%0.0%-7.5%-3.1K-157.4K-1.4K2.3849.98N/AN/A952261,0011,009
2019-05-03$5.76$5.0041.2%11.8%11.2%13.4%48.8%0.0%-0.7%-1.8K-175.6K-1.4K2.3854.16N/AN/A952261,0001,009
2019-05-06$5.77$5.0045.9%9.0%10.9%17.9%0.0%0.0%4.4%-2.9K-191.5K-1.3K0.0075.10N/AN/A001,0001,009
2019-05-07$5.74$5.0049.9%8.7%11.1%21.7%0.0%0.0%10.6%-2.2K-171.3K-1.4K0.0076.96N/AN/A001,0001,009
2019-05-08$5.82$5.0057.5%11.5%11.9%45.0%0.0%0.0%-7.8%-1.6K-191.1K-1.3K0.0076.20N/AN/A101,0001,009
2019-05-09$5.74$5.0055.8%11.5%12.9%42.6%51.4%0.0%-6.1%-1.8K-170.3K-1.4K0.0074.59N/AN/A309991,009
2019-05-10$5.67$5.0053.4%10.7%13.5%39.0%46.8%0.0%-4.0%-2.7K-155.3K-1.3K0.0076.22N/AN/A201,0011,009
2019-05-13$5.62$5.0067.9%10.7%13.9%60.2%0.0%0.0%-0.2%-2.3K-143.8K-1.3K0.0076.38N/AN/A101,0011,009
2019-05-14$5.48$5.0066.9%9.9%16.5%58.8%30.8%0.0%5.2%-3.0K-102.3K-1.3K3.3694.46N/AN/A672259991,009
2019-05-15$5.60$5.0030.0%8.6%18.4%4.7%0.0%0.0%11.2%-4.6K-147.3K-1.2K0.0077.16N/AN/A009991,009
2019-05-16$5.61$5.0030.2%8.7%18.2%5.0%0.0%0.0%11.7%-4.7K-146.7K-1.2K0.0075.34N/AN/A009991,009
2019-05-17$5.52$5.0036.7%10.5%18.9%14.4%0.0%0.0%2.6%-4.7K-117.9K-1.3K0.0076.38N/AN/A009991,009
2019-05-20$5.44$5.0036.9%10.6%19.5%14.8%0.0%0.0%0.5%-5.4K58.6K-1.3K0.0051.14N/AN/A0206921,008
2019-05-21$5.46$5.0036.0%10.3%19.6%13.4%0.0%0.0%-0.3%-5.8K47.2K-1.2K0.2850.34N/AN/A72206921,028
2019-05-22$5.39$5.0030.8%8.8%19.8%5.9%0.0%0.0%11.9%-6.4K54.1K-1.2K0.2896.78N/AN/A72207641,028
2019-05-23$5.36$5.0038.2%11.0%19.8%16.7%0.0%0.0%-1.5%-6.4K69.2K-1.2K0.2895.23N/AN/A72207641,028
2019-05-24$5.36$5.0036.5%10.5%19.8%14.2%0.0%0.0%1.8%-6.7K73.1K-1.2K0.2894.50N/AN/A72207641,028
2019-05-28$5.39$5.0035.8%10.3%20.0%13.2%0.0%0.0%1.2%-6.8K60.9K-1.2K0.0077.52N/AN/A007641,028
2019-05-29$5.30$5.0038.9%11.2%20.7%17.8%0.0%0.0%-1.0%-7.8K102.6K-1.1K0.0095.40N/AN/A007641,028
2019-05-30$5.31$5.0039.1%11.2%20.6%17.9%0.0%0.0%-3.2%-7.8K75.5K-1.2K1.0093.59N/AN/A227641,028
2019-05-31$5.22$5.0034.2%9.8%20.0%10.8%0.0%0.0%1.7%-7.9K102.2K-1.1K1.0079.92N/AN/A227621,028