HLIT Options History — November 2019

In November 2019, HLIT traded between $7.86 and $8.27. ATM implied volatility averaged 34.8%, placing in the 13.0% IV rank vs the trailing year. The 30-day expected move averaged 10.4%. IV traded below realized volatility by 21.6% (HV 20d: 56.4%). 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 11 of 20 days. Put/call ratio averaged 0.85.

Notable Days

  • 2019-11-01: Highest Volume — 739 contracts
  • 2019-11-12: Largest IV spike — 65.4% change
  • 2019-11-12: Highest IV Rank — 53.4%
  • 2019-11-12: Largest Expected Move — 12.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.02$7.86$8.27$7.97$8.27
Max Pain$7.38$5.00$7.50$5.00$7.50
ATM IV34.8%24.6%60.4%35.7%29.5%
Expected Move10.4%7.0%12.6%10.2%8.5%
HV 20d56.4%23.4%64.4%64.2%25.2%
HV 60d46.8%46.2%47.8%47.8%46.2%
IV Rank13.0%0.0%53.4%12.5%7.7%
IV Percentile21.8%0.0%88.5%19.0%3.6%
Term Structure3.9%-4.2%18.2%-4.2%11.1%
VWIV36.4%25.4%43.5%28.2%25.4%
Skew 25d7.5%-15.7%32.2%18.3%-2.5%
Skew 10d24.2%-5.4%78.3%43.5%-5.4%
Call IV 25d34.2%27.3%50.0%30.1%33.8%
Put IV 25d41.7%27.1%65.0%48.4%31.3%
Bid-Ask Spread %79.8566.0397.4396.5566.03
Gamma HHI0.630.590.660.660.61
Net GEX42.7K39.1K48.7K48.7K42.1K
Net DEX-2.1M-2.5M-1.6M-2.4M-2.1M
Net VEX-7.1K-7.8K-6.5K-7.8K-6.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.850.0013.330.1013.33
Total Volume113.61173973930
Total OI6,776.656,3097,1937,1386,484

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-11-01$7.97$5.0035.7%10.2%64.2%12.5%28.2%18.3%-4.2%48.7K-2.4M-7.8K0.1096.55N/AN/A672675,0082,130
2019-11-04$7.94$7.5027.9%11.2%64.4%0.0%39.5%12.8%-0.1%43.9K-2.3M-7.4K0.1081.47N/AN/A1014,8302,194
2019-11-05$7.99$7.5035.0%12.3%62.1%11.7%0.0%14.9%-2.5%43.5K-2.3M-7.5K0.6083.23N/AN/A100604,8352,193
2019-11-06$7.92$7.5031.4%11.0%62.2%5.7%38.1%12.6%-0.8%43.6K-2.2M-7.4K0.1282.70N/AN/A165204,7942,248
2019-11-07$7.94$7.5032.7%12.4%62.1%8.0%0.0%32.2%-1.4%42.8K-2.3M-7.4K0.5778.66N/AN/A744,7772,267
2019-11-08$7.99$7.5036.8%11.7%62.1%14.6%40.8%13.6%-0.4%42.1K-2.3M-7.4K1.0581.02N/AN/A42444,7762,263
2019-11-11$7.94$7.5036.5%11.6%62.3%14.2%0.0%-3.5%-1.0%41.1K-2.3M-7.2K0.0069.27N/AN/A5204,7792,306
2019-11-12$8.18$7.5060.4%12.6%62.4%53.4%43.5%13.1%-1.8%39.2K-2.5M-6.9K0.0068.71N/AN/A17704,7532,305
2019-11-13$8.14$7.5027.1%7.8%60.7%0.0%36.1%-15.7%14.0%39.1K-2.5M-7.2K0.0397.43N/AN/A15954,8322,305
2019-11-14$7.88$7.5039.7%11.4%62.5%20.3%39.6%8.8%2.6%43.0K-2.2M-7.3K0.0782.40N/AN/A6044,8872,305
2019-11-15$7.88$7.5037.2%10.7%62.1%16.4%37.0%3.6%2.9%41.7K-2.3M-7.2K0.0082.18N/AN/A18704,8842,309
2019-11-18$7.86$7.5039.0%11.2%62.3%19.2%0.0%11.8%2.0%42.6K-1.6M-7.2K0.0081.06N/AN/A4304,1422,173
2019-11-19$7.93$7.5042.5%12.2%62.1%25.0%42.3%17.2%-2.5%41.8K-1.7M-7.2K0.0079.45N/AN/A2904,1362,173
2019-11-20$8.02$7.5035.2%10.1%61.4%13.1%30.0%8.0%12.1%43.9K-1.8M-7.0K0.0086.62N/AN/A2404,1572,173
2019-11-21$7.99$7.5040.0%11.5%61.0%20.9%39.9%5.5%0.5%43.4K-1.8M-7.1K0.0066.80N/AN/A4104,1812,173
2019-11-22$8.03$7.5024.6%7.0%60.9%0.0%0.0%8.5%15.6%40.2K-1.8M-7.1K0.0083.41N/AN/A12004,1812,173
2019-11-25$8.24$7.5032.4%9.3%60.5%12.1%32.6%-7.2%4.1%45.4K-2.1M-6.8K0.0080.21N/AN/A2104,3012,173
2019-11-26$8.26$7.5025.9%7.4%23.4%2.1%25.4%-1.6%18.2%41.7K-2.1M-6.6K0.1866.17N/AN/A72134,3132,173
2019-11-27$8.10$7.5025.9%7.4%24.3%2.0%0.0%0.2%9.6%44.5K-2.0M-6.6K13.3383.54N/AN/A3404,2612,186
2019-11-29$8.27$7.5029.5%8.5%25.2%7.7%0.0%-2.5%11.1%42.1K-2.1M-6.5K0.0066.03N/AN/A0304,2582,226