HLIT Options History — July 2019

In July 2019, HLIT traded between $5.51 and $7.97. ATM implied volatility averaged 61.1%, placing in the 51.1% IV rank vs the trailing year. The 30-day expected move averaged 17.0%. IV traded below realized volatility by 9.6% (HV 20d: 70.6%). Max pain ranged from $5.00 to $7.50. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 0.49.

Notable Days

  • 2019-07-12: Highest Volume — 9,059 contracts
  • 2019-07-30: Largest IV drop — 36.4% change
  • 2019-07-29: Highest IV Rank — 87.0%
  • 2019-07-29: Largest Expected Move — 24.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.19$5.51$7.97$5.51$7.53
Max Pain$6.97$5.00$7.50$5.00$7.50
ATM IV61.1%32.8%85.4%33.2%49.8%
Expected Move17.0%9.1%24.5%9.5%14.3%
HV 20d70.6%37.6%84.5%42.4%84.2%
HV 60d47.6%28.0%56.5%28.0%56.5%
IV Rank51.1%8.8%87.0%9.5%37.0%
IV Percentile79.3%11.5%99.2%12.3%74.2%
Term Structure-6.6%-29.2%16.5%15.2%-1.6%
VWIV64.7%35.3%101.2%35.5%49.7%
Skew 25d-1.7%-17.0%13.0%4.5%11.3%
Skew 10d2.1%-17.1%20.7%2.4%17.7%
Call IV 25d58.4%39.6%73.5%55.5%39.6%
Put IV 25d56.8%50.9%65.1%60.0%50.9%
Bid-Ask Spread %40.3415.4291.0652.7429.76
Gamma HHI0.750.470.920.640.51
Net GEX83.6K-6.4K186.5K-6.4K35.2K
Net DEX-1.4M-3.5M-49.3K-49.3K-731.6K
Net VEX-6.3K-14.5K-548-599-3.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.490.002.740.000.12
Total Volume86209,05910203
Total OI13,5741,74422,3161,78522,119

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-07-01$5.51$5.0033.2%9.5%42.4%9.5%35.5%0.0%15.2%-6.4K-49.3K-5990.0052.74N/AN/A1007711,014
2019-07-02$5.70$5.0032.8%9.4%42.3%8.8%36.6%0.0%16.5%190-95.1K-5480.0015.42N/AN/A1207751,014
2019-07-03$5.81$5.0039.7%11.4%42.3%19.1%46.9%0.0%13.5%535-96.5K-5670.0051.79N/AN/A1207741,014
2019-07-05$5.89$0.0042.4%9.1%42.0%23.1%0.0%0.0%13.0%1.7K-107.7K-5912.7474.72N/AN/A19527701,014
2019-07-08$5.87$0.0049.1%12.7%41.8%33.2%0.0%0.0%-2.0%1.7K-104.8K-5690.0091.06N/AN/A00780964
2019-07-09$5.99$0.0058.3%10.1%37.6%46.8%35.3%0.0%11.2%2.1K-108.9K-5880.0547.92N/AN/A1105780964
2019-07-10$7.47$5.0060.4%17.3%84.3%50.0%58.9%0.0%-11.6%10.3K-364.5K-1.1K0.7727.74N/AN/A1,9241,491840968
2019-07-11$7.69$7.5057.2%16.4%83.6%45.2%58.2%0.0%-8.3%8.6K-556.0K-2.7K0.8444.44N/AN/A6035061,9692,122
2019-07-12$7.68$7.5054.9%15.7%83.7%41.8%62.1%0.0%-6.1%11.7K-655.8K-2.9K0.0948.56N/AN/A8,3277322,1082,114
2019-07-15$7.87$7.5063.7%18.3%80.2%54.9%63.7%0.0%-6.9%143.8K-2.4M-10.2K0.1128.28N/AN/A7438317,0621,775
2019-07-16$7.97$7.5073.3%21.0%79.9%69.1%74.1%0.0%-15.8%186.5K-3.5M-14.5K0.1635.80N/AN/A1802820,5181,785
2019-07-17$7.91$7.5065.2%18.7%80.2%57.0%76.0%0.0%-9.7%176.0K-2.8M-12.1K0.2427.22N/AN/A1994720,5321,784
2019-07-18$7.78$7.5073.5%21.1%80.9%69.4%75.8%0.0%-21.8%172.9K-3.0M-12.3K1.1229.92N/AN/A738220,3851,803
2019-07-19$7.71$7.5075.9%21.8%81.0%73.0%73.1%0.0%-17.6%163.5K-2.9M-12.0K0.4140.30N/AN/A1385620,3701,798
2019-07-22$7.71$7.5071.5%20.5%80.3%66.4%72.0%4.5%-25.1%143.9K-2.0M-10.1K0.7434.41N/AN/A33324820,035445
2019-07-23$7.55$7.5074.2%21.3%80.7%70.4%76.0%-17.0%-8.2%135.7K-1.9M-9.9K1.7733.51N/AN/A14024820,323692
2019-07-24$7.72$7.5075.7%21.7%80.7%72.7%77.4%7.0%-29.2%151.3K-2.2M-10.4K0.3943.75N/AN/A923620,367692
2019-07-25$7.72$7.5072.5%20.8%80.6%67.8%76.1%-11.6%-10.4%141.8K-2.0M-9.3K0.5328.74N/AN/A924920,393699
2019-07-26$7.78$7.5080.9%23.2%80.4%80.4%101.2%-8.4%-13.8%152.3K-2.3M-10.5K0.0624.57N/AN/A7824920,396699
2019-07-29$7.89$7.5085.4%24.5%80.4%87.0%91.9%-12.2%-24.2%169.5K-2.5M-10.1K0.0623.82N/AN/A3992420,813699
2019-07-30$7.40$7.5054.3%15.6%84.5%40.8%54.3%13.0%-3.0%36.8K-573.5K-3.9K0.0453.05N/AN/A8033420,955734
2019-07-31$7.53$7.5049.8%14.3%84.2%37.0%49.7%11.3%-1.6%35.2K-731.6K-3.9K0.1229.76N/AN/A1812221,407712