HLIT Options History — February 2020

In February 2020, HLIT traded between $6.12 and $7.33. ATM implied volatility averaged 37.7%, placing in the 21.8% IV rank vs the trailing year. The 30-day expected move averaged 11.5%. IV traded above realized volatility by 2.8% (HV 20d: 34.9%). Max pain ranged from $5.00 to $7.50. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 13 of 19 days. Put/call ratio averaged 0.64.

Notable Days

2020-02-04: Highest Volume — 1,228 contracts
2020-02-04: Largest IV drop — 48.9% change
2020-02-03: Highest IV Rank — 76.2%
2020-02-03: Largest Expected Move — 21.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$6.70	$6.12	$7.33	$7.33	$6.12
Max Pain	$5.39	$5.00	$7.50	$7.50	$5.00
ATM IV	37.7%	23.9%	73.5%	73.5%	66.9%
Expected Move	11.5%	6.9%	21.1%	21.1%	19.2%
HV 20d	34.9%	29.8%	37.9%	36.8%	29.8%
HV 60d	29.2%	28.7%	29.7%	28.9%	29.3%
IV Rank	21.8%	0.0%	76.2%	76.2%	70.0%
IV Percentile	30.5%	0.0%	96.8%	96.8%	92.5%
Term Structure	3.9%	-40.2%	18.6%	-14.0%	-40.2%
VWIV	43.4%	24.3%	75.8%	75.8%	24.3%
Skew 25d	10.4%	-19.4%	77.8%	-19.4%	2.7%
Skew 10d	12.2%	-32.1%	103.7%	-32.1%	2.7%
Call IV 25d	39.8%	25.3%	91.2%	91.2%	46.6%
Put IV 25d	50.2%	37.1%	119.6%	71.8%	49.2%
Bid-Ask Spread %	47.93	8.20	77.66	60.16	58.05
Gamma HHI	0.66	0.47	0.80	0.61	0.48
Net GEX	37.0K	9.8K	76.7K	44.6K	12.0K
Net DEX	-490.6K	-1.2M	-149.8K	-1.2M	-175.3K
Net VEX	-4.4K	-6.6K	-3.3K	-6.6K	-3.5K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.64	0.00	10.00	0.08	0.00
Total Volume	185.105	0	1,228	1,166	21
Total OI	7,999.211	6,880	8,724	7,680	6,889

Daily Data (19 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2020-02-03	$7.33	$7.50	73.5%	21.1%	36.8%	76.2%	75.8%	-19.4%	-14.0%	44.6K	-1.2M	-6.6K	0.08	60.16	N/A	N/A	1,083	83	5,153	2,527
2020-02-04	$7.15	$7.50	37.5%	10.8%	37.6%	20.2%	37.9%	-2.2%	3.7%	76.7K	-1.0M	-6.0K	0.06	77.66	N/A	N/A	1,161	67	6,122	2,602
2020-02-05	$7.02	$7.50	39.1%	11.2%	37.9%	23.9%	39.6%	10.9%	1.1%	60.1K	-807.7K	-5.7K	0.03	35.94	N/A	N/A	361	10	5,713	2,620
2020-02-06	$6.91	$5.00	31.3%	12.1%	37.0%	11.1%	0.0%	5.0%	-1.3%	57.4K	-704.6K	-5.4K	0.00	14.66	N/A	N/A	27	0	5,666	2,630
2020-02-07	$6.79	$5.00	27.0%	11.7%	37.1%	3.9%	41.0%	-0.7%	0.5%	40.2K	-413.2K	-4.8K	0.13	71.91	N/A	N/A	24	3	5,679	2,650
2020-02-10	$6.80	$5.00	36.7%	11.8%	37.2%	19.9%	41.1%	77.8%	1.3%	46.5K	-472.8K	-4.8K	0.36	35.35	N/A	N/A	14	5	5,689	2,647
2020-02-11	$6.74	$5.00	29.0%	12.5%	33.7%	7.3%	43.8%	-0.8%	-2.9%	37.8K	-376.1K	-4.4K	0.06	15.05	N/A	N/A	17	1	5,690	2,647
2020-02-12	$6.87	$5.00	34.8%	10.0%	35.1%	16.8%	0.0%	18.5%	14.1%	46.9K	-463.9K	-4.7K	0.00	56.10	N/A	N/A	84	0	5,689	2,647
2020-02-13	$6.78	$5.00	45.3%	13.0%	34.5%	34.2%	0.0%	-1.1%	-1.9%	39.9K	-421.3K	-4.6K	0.00	15.31	N/A	N/A	5	0	5,695	2,647
2020-02-14	$6.73	$5.00	23.9%	6.9%	33.6%	0.0%	24.3%	18.1%	18.6%	34.9K	-310.1K	-4.2K	0.00	71.75	N/A	N/A	256	0	5,690	2,647
2020-02-18	$6.78	$5.00	33.7%	9.6%	34.2%	15.9%	0.0%	19.8%	16.9%	35.1K	-483.5K	-3.9K	0.00	8.20	N/A	N/A	7	0	5,939	2,647
2020-02-19	$6.69	$5.00	29.0%	8.3%	34.2%	8.3%	0.0%	20.3%	14.7%	34.2K	-443.5K	-3.9K	0.01	72.95	N/A	N/A	150	1	5,934	2,647
2020-02-20	$6.81	$5.00	31.6%	9.1%	34.2%	12.5%	0.0%	27.7%	15.8%	38.9K	-576.7K	-3.9K	10.00	72.45	N/A	N/A	1	10	6,029	2,647
2020-02-21	$6.64	$5.00	26.8%	7.7%	34.0%	4.7%	0.0%	7.9%	11.8%	30.4K	-394.2K	-3.6K	0.00	54.71	N/A	N/A	101	0	6,029	2,637
2020-02-24	$6.41	$5.00	31.8%	9.1%	34.9%	12.9%	0.0%	7.0%	15.3%	23.8K	-389.2K	-3.5K	0.00	57.67	N/A	N/A	0	0	4,384	2,500
2020-02-25	$6.27	$5.00	36.1%	10.3%	34.5%	19.8%	0.0%	2.5%	17.9%	16.7K	-273.0K	-3.6K	0.11	38.83	N/A	N/A	9	1	4,384	2,500
2020-02-26	$6.29	$5.00	34.7%	9.9%	34.8%	17.5%	0.0%	3.6%	-4.4%	16.4K	-244.1K	-3.3K	0.00	36.21	N/A	N/A	15	0	4,380	2,500
2020-02-27	$6.12	$5.00	47.5%	13.6%	32.4%	38.4%	0.0%	-0.1%	7.9%	9.8K	-149.8K	-3.4K	0.00	57.71	N/A	N/A	0	0	4,389	2,500
2020-02-28	$6.12	$5.00	66.9%	19.2%	29.8%	70.0%	0.0%	2.7%	-40.2%	12.0K	-175.3K	-3.5K	0.00	58.05	N/A	N/A	21	0	4,389	2,500