HLIT Options History — August 2019

In August 2019, HLIT traded between $6.47 and $7.39. ATM implied volatility averaged 45.8%, placing in the 30.5% IV rank vs the trailing year. The 30-day expected move averaged 13.0%. IV traded above realized volatility by 3.7% (HV 20d: 42.1%). Max pain ranged from $7.50 to $7.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 0.17.

Notable Days

  • 2019-08-13: Highest Volume — 323 contracts
  • 2019-08-12: Largest IV spike — 66.2% change
  • 2019-08-07: Highest IV Rank — 60.9%
  • 2019-08-05: Largest Expected Move — 16.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.89$6.47$7.39$7.39$6.58
Max Pain$7.50$7.50$7.50$7.50$7.50
ATM IV45.8%28.1%64.6%51.5%34.5%
Expected Move13.0%8.1%16.6%14.8%9.9%
HV 20d42.1%27.9%86.0%85.0%28.1%
HV 60d57.1%56.5%57.9%56.6%57.3%
IV Rank30.5%2.1%60.9%39.8%11.8%
IV Percentile54.4%0.8%90.5%76.6%17.5%
Term Structure2.4%-7.5%28.6%-2.6%12.3%
VWIV48.7%32.6%57.7%51.5%32.6%
Skew 25d12.0%-20.5%90.5%12.2%0.6%
Skew 10d17.1%-23.6%119.4%19.5%6.6%
Call IV 25d44.7%29.1%58.0%41.3%40.0%
Put IV 25d56.6%34.5%141.5%53.5%40.6%
Bid-Ask Spread %69.1731.7693.5731.7659.85
Gamma HHI0.690.500.760.500.71
Net GEX21.6K15.0K30.8K30.8K17.3K
Net DEX-345.9K-617.7K44.1K-617.7K-284.3K
Net VEX-2.6K-3.7K-1.8K-3.7K-1.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.170.001.960.100.00
Total Volume81.40903231993
Total OI13,343.1362,40822,51322,1132,595

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-08-01$7.39$7.5051.5%14.8%85.0%39.8%51.5%12.2%-2.6%30.8K-617.7K-3.7K0.1031.76N/AN/A1811821,401712
2019-08-02$7.31$7.5054.4%15.6%85.4%44.4%54.3%21.8%-3.8%26.7K-550.2K-3.6K0.2057.66N/AN/A5121,401712
2019-08-05$7.15$7.5051.3%16.6%86.0%39.5%57.7%0.2%-7.5%23.4K-436.1K-3.3K0.0356.38N/AN/A312821,404712
2019-08-06$7.29$7.5046.5%14.7%86.0%31.8%51.4%22.3%-5.0%26.3K-594.5K-3.6K0.0069.45N/AN/A70021,747707
2019-08-07$7.20$7.5064.6%15.4%34.6%60.9%53.9%16.1%-4.6%27.4K-564.5K-3.5K0.0673.93N/AN/A33221,775707
2019-08-08$7.28$7.5056.1%14.0%33.1%47.2%48.8%24.6%0.0%27.2K-596.0K-3.5K0.0872.65N/AN/A13121,808705
2019-08-09$7.17$7.5036.6%15.1%33.3%15.7%52.6%17.7%-4.7%24.9K-414.5K-3.3K0.1793.57N/AN/A6121,798704
2019-08-12$7.06$7.5060.8%13.2%31.9%54.8%46.3%0.0%4.1%26.0K-379.1K-3.0K0.0283.98N/AN/A156321,804704
2019-08-13$6.88$7.5058.0%14.6%31.9%50.3%51.0%-9.7%-2.9%22.1K-91.8K-2.5K1.9660.40N/AN/A10921421,647706
2019-08-14$6.85$7.5050.2%14.4%32.0%37.7%50.6%-4.4%-1.3%19.8K-45.6K-2.4K0.0058.99N/AN/A260121,549906
2019-08-15$6.62$7.5050.6%14.5%33.2%38.4%52.0%-8.7%-3.2%17.0K21.5K-2.2K0.1274.61N/AN/A17221,501905
2019-08-16$6.66$7.5040.2%11.5%33.6%21.7%0.0%-11.8%-0.2%18.1K44.1K-2.0K0.0079.97N/AN/A0521,498903
2019-08-19$6.78$7.5047.4%13.6%34.7%33.2%47.5%-7.4%-2.4%19.7K-390.6K-2.1K0.1274.89N/AN/A3442,159275
2019-08-20$6.88$7.5044.1%12.7%35.0%27.9%44.7%-4.1%1.3%21.7K-421.5K-2.2K0.0061.36N/AN/A5702,180275
2019-08-21$6.92$7.5033.6%9.6%33.8%10.9%38.3%72.8%7.2%22.7K-412.2K-2.2K0.0089.54N/AN/A5202,182275
2019-08-22$6.76$7.5038.6%11.1%34.3%19.0%45.6%90.5%2.1%19.2K-357.0K-2.0K0.0077.04N/AN/A1802,133275
2019-08-23$6.54$7.5048.7%14.0%35.1%35.3%0.0%-20.5%-6.9%15.6K-322.5K-2.0K0.0473.33N/AN/A18282,133275
2019-08-26$6.47$7.5028.1%8.1%34.1%2.1%32.6%7.3%28.6%15.0K-282.4K-1.8K0.0055.90N/AN/A0112,308283
2019-08-27$6.55$7.5040.4%11.6%28.2%22.0%0.0%3.6%14.2%16.9K-289.8K-1.8K0.0078.47N/AN/A402,308287
2019-08-28$6.66$7.5034.7%9.9%28.1%12.1%0.0%5.6%14.2%18.6K-313.1K-1.9K0.0061.36N/AN/A002,308287
2019-08-29$6.68$7.5035.9%10.3%27.9%13.9%0.0%22.6%13.6%19.1K-311.6K-2.0K0.0076.69N/AN/A002,308287
2019-08-30$6.58$7.5034.5%9.9%28.1%11.8%0.0%0.6%12.3%17.3K-284.3K-1.9K0.0059.85N/AN/A032,308287