HLIT Options History — May 2020

In May 2020, HLIT traded between $5.08 and $5.81. ATM implied volatility averaged 52.7%, placing in the 37.0% IV rank vs the trailing year. The 30-day expected move averaged 15.3%. IV traded below realized volatility by 20.4% (HV 20d: 73.1%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 2.20.

Notable Days

2020-05-15: Highest Volume — 96 contracts
2020-05-28: Largest IV spike — 54.2% change
2020-05-08: Highest IV Rank — 70.9%
2020-05-07: Largest Expected Move — 17.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$5.51	$5.08	$5.81	$5.72	$5.41
Max Pain	$5.00	$5.00	$5.00	$5.00	$5.00
ATM IV	52.7%	33.9%	79.0%	44.0%	39.3%
Expected Move	15.3%	9.7%	17.7%	12.6%	11.3%
HV 20d	73.1%	47.2%	83.5%	83.5%	47.2%
HV 60d	70.8%	69.1%	72.5%	69.2%	72.1%
IV Rank	37.0%	12.8%	70.9%	25.9%	19.8%
IV Percentile	61.0%	17.5%	94.0%	52.4%	38.5%
Term Structure	3.3%	-8.3%	23.3%	17.1%	14.4%
VWIV	52.1%	34.6%	61.6%	46.4%	41.5%
Skew 25d	16.3%	-16.2%	32.1%	2.5%	15.0%
Skew 10d	51.1%	-21.5%	96.9%	85.8%	39.7%
Call IV 25d	47.6%	36.1%	67.2%	60.8%	53.5%
Put IV 25d	63.9%	50.9%	87.8%	63.3%	68.5%
Bid-Ask Spread %	80.07	14.55	103.32	14.55	102.18
Gamma HHI	0.44	0.34	0.49	0.48	0.42
Net GEX	3.0K	86	5.0K	5.0K	1.3K
Net DEX	-61.8K	-125.1K	-23.4K	-125.1K	-27.4K
Net VEX	-370	-665	-217	-665	-217
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	2.20	0.00	14.00	1.07	0.00
Total Volume	23.1	0	96	29	22
Total OI	1,754	1,567	1,906	1,906	1,694

Daily Data (20 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
2020-05-01	$5.72	$5.00	44.0%	12.6%	83.5%	25.9%	46.4%	2.5%	17.1%	5.0K	-125.1K	-665	1.07	14.55	N/A	N/A	14	15	1,715	191
2020-05-04	$5.62	$5.00	41.4%	17.6%	82.9%	22.6%	61.6%	23.8%	-1.1%	4.4K	-106.3K	-587	0.27	53.82	N/A	N/A	15	4	1,714	191
2020-05-05	$5.63	$5.00	42.4%	17.4%	81.5%	23.8%	60.2%	10.6%	1.1%	4.5K	-102.7K	-553	0.00	83.88	N/A	N/A	19	0	1,706	195
2020-05-06	$5.55	$5.00	45.0%	16.4%	79.8%	27.2%	0.0%	24.0%	1.5%	3.8K	-85.5K	-480	0.00	66.13	N/A	N/A	2	0	1,691	195
2020-05-07	$5.54	$5.00	53.3%	17.7%	79.8%	37.8%	0.0%	28.7%	-3.3%	3.9K	-87.7K	-498	0.16	82.66	N/A	N/A	25	4	1,689	195
2020-05-08	$5.80	$5.00	79.0%	17.6%	80.5%	70.9%	61.5%	25.8%	-0.7%	4.8K	-102.3K	-550	0.00	88.94	N/A	N/A	11	0	1,684	191
2020-05-11	$5.67	$5.00	77.8%	17.3%	79.3%	69.4%	60.3%	17.3%	-3.3%	4.2K	-91.3K	-472	0.33	84.33	N/A	N/A	3	1	1,683	191
2020-05-12	$5.42	$5.00	56.0%	13.8%	75.9%	41.3%	0.0%	7.2%	5.5%	2.6K	-59.0K	-315	0.00	90.00	N/A	N/A	0	0	1,680	191
2020-05-13	$5.19	$5.00	60.6%	17.4%	76.8%	47.2%	60.6%	29.8%	-1.6%	2.4K	-40.6K	-336	1.33	65.18	N/A	N/A	15	20	1,680	191
2020-05-14	$5.08	$5.00	61.3%	17.6%	73.4%	48.1%	0.0%	32.1%	-1.8%	86	-23.4K	-287	4.67	91.28	N/A	N/A	3	14	1,669	211
2020-05-15	$5.14	$5.00	51.0%	14.6%	73.9%	34.8%	51.0%	18.2%	5.5%	2.0K	-34.0K	-253	0.48	92.42	N/A	N/A	65	31	1,667	204
2020-05-18	$5.47	$5.00	57.0%	16.4%	77.0%	42.6%	57.0%	14.9%	-1.3%	3.0K	-43.1K	-329	0.00	94.77	N/A	N/A	1	0	1,493	85
2020-05-19	$5.35	$5.00	55.8%	16.0%	75.1%	41.0%	0.0%	23.3%	-0.6%	2.7K	-38.1K	-291	0.00	79.95	N/A	N/A	0	0	1,494	85
2020-05-20	$5.49	$5.00	55.4%	15.9%	75.0%	40.5%	55.1%	7.2%	-0.4%	2.9K	-42.1K	-299	0.00	76.24	N/A	N/A	3	0	1,494	85
2020-05-21	$5.46	$5.00	56.6%	16.2%	72.9%	42.0%	0.0%	7.6%	-3.1%	2.8K	-40.9K	-293	0.00	80.21	N/A	N/A	1	0	1,493	85
2020-05-22	$5.61	$5.00	52.5%	15.1%	74.1%	36.8%	52.6%	15.0%	2.6%	2.9K	-46.0K	-280	0.55	73.71	N/A	N/A	20	11	1,493	85
2020-05-26	$5.67	$5.00	38.2%	11.0%	74.2%	18.4%	40.2%	17.5%	20.1%	1.8K	-47.5K	-234	10.00	98.99	N/A	N/A	2	20	1,473	94
2020-05-27	$5.81	$5.00	33.9%	9.7%	51.2%	12.8%	34.6%	21.1%	23.3%	1.6K	-51.8K	-217	6.67	78.85	N/A	N/A	6	40	1,471	108
2020-05-28	$5.57	$5.00	52.3%	15.0%	47.5%	36.5%	46.7%	-16.2%	-8.3%	2.4K	-40.5K	-250	14.00	103.32	N/A	N/A	5	70	1,476	148
2020-05-29	$5.41	$5.00	39.3%	11.3%	47.2%	19.8%	41.5%	15.0%	14.4%	1.3K	-27.4K	-217	0.00	102.18	N/A	N/A	22	0	1,476	218