HLIT Options History — September 2019

In September 2019, HLIT traded between $6.47 and $6.89. ATM implied volatility averaged 40.0%, placing in the 20.6% IV rank vs the trailing year. The 30-day expected move averaged 11.3%. IV traded above realized volatility by 11.8% (HV 20d: 28.2%). Max pain ranged from $5.00 to $7.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 20 of 20 days. Put/call ratio averaged 0.45.

Notable Days

  • 2019-09-11: Highest Volume — 253 contracts
  • 2019-09-09: Largest IV spike — 35.2% change
  • 2019-09-17: Highest IV Rank — 36.3%
  • 2019-09-17: Largest Expected Move — 14.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.69$6.47$6.89$6.49$6.61
Max Pain$5.25$5.00$7.50$7.50$5.00
ATM IV40.0%28.7%49.6%46.8%37.8%
Expected Move11.3%8.2%14.2%13.4%10.8%
HV 20d28.2%25.5%32.8%27.5%32.7%
HV 60d55.0%53.9%57.3%57.3%55.3%
IV Rank20.6%2.2%36.3%31.7%15.9%
IV Percentile40.2%1.2%71.0%62.3%32.5%
Term Structure11.7%1.2%29.8%8.2%23.9%
VWIV47.7%43.1%60.1%50.8%60.1%
Skew 25d8.7%-12.2%44.4%0.9%13.9%
Skew 10d27.7%-11.1%65.2%4.2%42.6%
Call IV 25d50.3%36.3%61.7%46.8%39.0%
Put IV 25d59.0%42.1%99.0%47.8%52.9%
Bid-Ask Spread %68.9315.71106.7560.8482.18
Gamma HHI0.730.700.770.700.72
Net GEX18.0K13.4K24.9K16.1K15.5K
Net DEX-297.4K-393.6K-227.7K-269.0K-276.5K
Net VEX-1.7K-2.1K-1.5K-1.7K-1.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.450.002.000.000.00
Total Volume41.6025300
Total OI2,577.652,2142,8492,5922,321

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-09-03$6.49$7.5046.8%13.4%27.5%31.7%0.0%0.9%8.2%16.1K-269.0K-1.7K0.0060.84N/AN/A002,308284
2019-09-04$6.53$7.5037.0%10.6%26.4%15.8%0.0%31.4%16.9%16.4K-257.6K-1.7K0.0074.58N/AN/A602,308285
2019-09-05$6.76$5.0039.9%12.5%29.8%20.5%50.8%36.2%4.6%21.2K-321.1K-1.9K0.0059.17N/AN/A2302,309285
2019-09-06$6.64$5.0034.6%12.3%29.7%12.0%0.0%31.4%5.0%18.0K-273.3K-1.7K0.0061.32N/AN/A10002,328285
2019-09-09$6.60$5.0046.8%8.4%29.5%31.8%0.0%44.4%21.1%17.5K-227.7K-1.5K0.0079.13N/AN/A102,325285
2019-09-10$6.66$5.0045.4%11.1%29.5%29.5%44.3%-0.7%5.0%18.8K-278.4K-1.6K1.6766.91N/AN/A12202,324285
2019-09-11$6.70$5.0039.4%11.3%28.4%19.6%43.1%0.0%4.1%19.5K-284.7K-1.7K0.0989.32N/AN/A233202,332305
2019-09-12$6.83$5.0040.2%11.5%29.3%21.0%43.5%-0.8%4.4%22.1K-310.2K-1.7K0.10106.75N/AN/A202202,361317
2019-09-13$6.86$5.0043.6%12.5%26.4%26.6%0.0%-2.6%6.9%24.9K-393.6K-2.1K0.0055.93N/AN/A002,547302
2019-09-16$6.85$5.0045.6%13.1%26.4%29.9%46.4%-2.0%3.4%24.1K-389.1K-2.1K2.0074.49N/AN/A122,547302
2019-09-17$6.76$5.0049.6%14.2%26.1%36.3%0.0%0.2%1.2%17.1K-351.1K-1.9K0.0074.30N/AN/A002,547298
2019-09-18$6.72$5.0038.2%10.9%25.6%17.8%0.0%1.5%5.5%16.9K-311.1K-1.8K0.0035.11N/AN/A002,547298
2019-09-19$6.68$5.0040.4%11.6%25.5%21.3%46.7%-1.3%2.0%16.2K-308.8K-1.8K0.0280.83N/AN/A4512,547293
2019-09-20$6.89$5.0036.8%10.5%26.6%15.4%0.0%-0.0%6.9%19.8K-366.7K-1.9K2.0065.57N/AN/A122,547294
2019-09-23$6.71$5.0039.9%11.4%25.6%20.6%46.9%-0.6%8.8%17.3K-324.7K-1.8K0.0080.40N/AN/A3002,12292
2019-09-24$6.54$5.0036.0%10.3%27.0%14.2%0.0%-12.2%21.9%13.6K-237.5K-1.5K0.0053.03N/AN/A4002,12292
2019-09-25$6.70$5.0028.7%8.2%28.0%2.2%0.0%2.1%28.1%15.8K-257.9K-1.6K0.0015.71N/AN/A002,16292
2019-09-26$6.47$5.0038.0%10.9%30.1%17.5%60.1%37.4%26.0%13.4K-240.2K-1.5K0.0081.74N/AN/A5302,16292
2019-09-27$6.70$5.0034.5%9.9%32.8%11.7%0.0%-5.1%29.8%16.7K-269.0K-1.6K0.0081.33N/AN/A0202,20992
2019-09-30$6.61$5.0037.8%10.8%32.7%15.9%0.0%13.9%23.9%15.5K-276.5K-1.6K0.0082.18N/AN/A002,209112