HLIT Options History — December 2019

In December 2019, HLIT traded between $7.57 and $8.24. ATM implied volatility averaged 34.8%, placing in the 15.9% IV rank vs the trailing year. The 30-day expected move averaged 10.3%. IV traded above realized volatility by 10.3% (HV 20d: 24.5%). Max pain ranged from $7.50 to $7.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 21 of 21 days. Put/call ratio averaged 0.16.

Notable Days

  • 2019-12-19: Highest Volume — 201 contracts
  • 2019-12-06: Largest IV spike — 26.0% change
  • 2019-12-24: Highest IV Rank — 22.2%
  • 2019-12-10: Largest Expected Move — 11.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.98$7.57$8.24$8.14$7.77
Max Pain$7.50$7.50$7.50$7.50$7.50
ATM IV34.8%26.8%38.8%33.4%38.6%
Expected Move10.3%7.7%11.7%9.6%11.1%
HV 20d24.5%22.7%26.1%23.5%26.1%
HV 60d45.4%42.0%47.2%46.2%42.8%
IV Rank15.9%3.5%22.2%13.7%21.9%
IV Percentile23.0%1.2%43.3%13.1%42.1%
Term Structure8.9%1.9%16.1%1.9%8.7%
VWIV36.0%28.0%41.0%38.6%38.7%
Skew 25d4.0%-9.4%52.2%-9.4%52.2%
Skew 10d13.6%-14.1%100.1%-11.8%100.1%
Call IV 25d41.8%33.3%47.0%39.7%36.3%
Put IV 25d45.9%30.3%88.5%30.3%88.5%
Bid-Ask Spread %60.6719.0584.2382.2451.89
Gamma HHI0.680.620.750.640.72
Net GEX40.3K32.9K47.2K44.3K35.9K
Net DEX-1.7M-2.1M-1.1M-2.0M-1.3M
Net VEX-5.8K-6.7K-5.2K-6.7K-5.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.160.001.000.000.60
Total Volume46.1430201172
Total OI6,2545,8126,5146,5145,827

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-12-02$8.14$7.5033.4%9.6%23.5%13.7%38.6%-9.4%1.9%44.3K-2.0M-6.7K0.0082.24N/AN/A1704,2582,256
2019-12-03$8.05$7.5026.8%7.7%23.8%3.5%0.0%-1.1%16.1%44.6K-1.9M-6.6K0.0082.33N/AN/A004,2542,256
2019-12-04$8.07$7.5029.5%8.5%23.7%7.6%0.0%-7.8%9.4%44.9K-1.9M-6.5K0.0084.23N/AN/A004,2542,256
2019-12-05$8.01$7.5029.4%11.5%23.7%7.6%0.0%-3.0%6.0%46.5K-1.9M-6.4K0.0019.05N/AN/A004,2552,256
2019-12-06$8.19$7.5037.1%11.1%24.9%19.5%0.0%0.6%7.9%44.2K-2.0M-6.2K0.0051.03N/AN/A2504,2552,256
2019-12-09$8.23$7.5033.3%11.6%24.8%13.7%0.0%0.8%5.5%40.5K-2.1M-5.9K0.0023.41N/AN/A704,2562,257
2019-12-10$8.20$7.5036.1%11.7%24.7%18.0%41.0%1.3%5.2%41.8K-2.1M-5.8K0.5652.07N/AN/A41234,2472,257
2019-12-11$8.12$7.5037.2%10.7%22.7%19.7%37.2%1.0%9.3%41.4K-2.0M-5.9K1.0058.41N/AN/A1001004,2122,257
2019-12-12$8.24$7.5038.8%11.1%23.2%22.1%28.0%3.4%8.7%39.2K-2.0M-5.7K0.0259.76N/AN/A5114,1562,223
2019-12-13$7.91$7.5034.9%10.0%24.9%16.1%34.4%4.4%10.2%47.2K-1.8M-5.8K0.0052.47N/AN/A2704,1512,224
2019-12-16$7.86$7.5034.7%10.0%25.0%15.8%34.6%-4.7%10.3%46.7K-1.7M-5.7K0.0074.14N/AN/A10604,1502,224
2019-12-17$7.93$7.5034.3%9.8%25.2%15.1%34.2%-3.0%10.8%42.1K-1.7M-5.4K0.1051.67N/AN/A2024,0742,224
2019-12-18$7.93$7.5038.1%10.9%25.0%21.0%38.2%-2.3%7.2%41.7K-1.8M-5.4K0.0053.27N/AN/A204,0842,224
2019-12-19$8.02$7.5035.7%10.2%25.0%17.3%35.2%-2.0%10.5%40.1K-1.8M-5.5K0.0062.14N/AN/A20104,0822,224
2019-12-20$7.93$7.5037.0%10.6%25.3%19.4%35.4%-2.9%6.7%34.1K-1.8M-5.5K0.0075.99N/AN/A7004,1232,224
2019-12-23$7.85$7.5036.4%10.4%25.5%18.4%0.0%-4.6%9.4%34.0K-1.3M-5.4K0.0051.33N/AN/A2003,6352,185
2019-12-24$7.96$7.5038.8%11.1%24.1%22.2%39.0%2.9%5.6%32.9K-1.4M-5.4K0.0083.33N/AN/A203,6322,185
2019-12-26$7.88$7.5032.9%9.4%24.2%12.9%32.8%31.5%14.8%34.9K-1.4M-5.2K0.2856.99N/AN/A106303,6322,185
2019-12-27$7.63$7.5031.0%8.9%25.8%10.1%0.0%14.4%14.1%35.6K-1.2M-5.3K0.0076.71N/AN/A003,6282,184
2019-12-30$7.57$7.5036.9%10.6%24.2%19.2%36.7%13.2%8.7%33.4K-1.1M-5.5K0.6071.61N/AN/A1063,6282,184
2019-12-31$7.77$7.5038.6%11.1%26.1%21.9%38.7%52.2%8.7%35.9K-1.3M-5.2K0.0051.89N/AN/A023,6382,189