HLIT Options History — June 2020

In June 2020, HLIT traded between $4.60 and $5.85. ATM implied volatility averaged 53.4%, placing in the 38.0% IV rank vs the trailing year. The 30-day expected move averaged 15.2%. IV traded above realized volatility by 4.0% (HV 20d: 49.4%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 19 of 22 trading days. Term structure was in contango for 14 of 22 days. Put/call ratio averaged 1.14.

Notable Days

  • 2020-06-15: Highest Volume — 379 contracts
  • 2020-06-04: Largest IV spike — 58.6% change
  • 2020-06-08: Highest IV Rank — 53.8%
  • 2020-06-11: Largest Expected Move — 18.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.14$4.60$5.85$5.31$4.79
Max Pain$5.00$5.00$5.00$5.00$5.00
ATM IV53.4%33.4%65.7%37.8%51.5%
Expected Move15.2%9.6%18.8%10.8%14.8%
HV 20d49.4%46.8%55.9%47.3%50.2%
HV 60d65.9%60.9%72.2%72.2%61.3%
IV Rank38.0%12.2%53.8%17.8%35.5%
IV Percentile59.4%15.9%78.6%33.3%56.3%
Term Structure5.5%-5.9%30.6%9.3%11.8%
VWIV53.5%36.3%63.1%36.3%41.0%
Skew 25d19.2%-4.8%51.8%21.6%22.7%
Skew 10d35.8%-17.8%66.1%47.6%22.1%
Call IV 25d50.7%33.5%66.0%49.2%60.7%
Put IV 25d70.0%50.0%94.7%70.8%83.3%
Bid-Ask Spread %67.8925.28106.4291.2257.53
Gamma HHI0.600.430.940.460.71
Net GEX2.6K-52914.6K1.4K381
Net DEX-18.2K-64.6K41.6K-22.6K24.9K
Net VEX-257-373-204-223-231
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.140.0010.001.500.00
Total Volume66.7730379150
Total OI1,638.7271,2302,0451,7161,264

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-06-01$5.31$5.0037.8%10.8%47.3%17.8%36.3%21.6%9.3%1.4K-22.6K-2231.5091.22N/AN/A691,498218
2020-06-02$5.33$5.0054.6%15.7%47.1%39.5%55.1%5.8%-1.0%1.6K-24.0K-2230.0030.89N/AN/A1701,499209
2020-06-03$5.47$5.0033.4%9.6%48.1%12.2%0.0%1.6%18.5%1.7K-48.7K-2090.0025.28N/AN/A501,516209
2020-06-04$5.43$5.0052.9%14.2%47.9%37.3%49.1%13.3%7.5%1.8K-40.4K-2211.2280.16N/AN/A951161,521209
2020-06-05$5.58$5.0049.4%16.2%49.0%32.8%0.0%14.2%-3.1%2.0K-44.1K-2430.0045.54N/AN/A1201,505209
2020-06-08$5.72$5.0065.7%15.7%46.9%53.8%54.8%13.4%0.1%2.0K-56.6K-2400.0041.47N/AN/A201,517209
2020-06-09$5.85$5.0063.1%16.7%46.8%50.5%58.0%17.3%-3.0%2.0K-64.6K-2462.8038.85N/AN/A5141,518209
2020-06-10$5.47$5.0052.5%15.1%50.3%36.8%52.3%-2.3%2.7%1.5K-41.3K-2230.00106.42N/AN/A5501,519223
2020-06-11$5.05$5.0065.6%18.8%55.9%53.6%0.0%25.7%-5.9%1.6K-16.3K-2750.00104.82N/AN/A201,564223
2020-06-12$4.99$5.0060.9%17.4%55.5%47.5%60.8%37.5%-5.2%1.9K-9.7K-25310.0079.25N/AN/A1101,566223
2020-06-15$5.05$5.0063.1%18.1%55.5%50.4%63.1%38.8%-5.5%1.8K-16.8K-2541.2292.68N/AN/A1712081,567223
2020-06-16$5.10$5.0058.7%16.8%50.5%44.7%58.8%22.4%-2.9%5.3K-52.0K-3730.0098.96N/AN/A17101,734311
2020-06-17$5.11$5.0055.8%16.0%50.1%41.0%61.5%14.3%-0.8%8.1K-56.0K-3380.0043.70N/AN/A2501,725311
2020-06-18$5.09$5.0054.8%15.7%48.9%39.8%0.0%-4.8%4.6%9.7K-53.6K-3230.0068.38N/AN/A201,700309
2020-06-19$5.07$5.0053.8%15.4%48.9%38.4%53.8%18.9%4.8%14.6K-58.9K-3021.8938.55N/AN/A37701,698309
2020-06-22$4.97$5.0050.4%14.4%47.8%34.0%50.4%12.7%8.7%-52925.4K-2770.0056.06N/AN/A1201,034225
2020-06-23$4.99$5.0051.3%14.7%47.6%35.2%50.9%20.0%9.3%-36318.5K-2851.8864.70N/AN/A1041961,044225
2020-06-24$4.74$5.0044.1%12.7%48.7%26.0%56.2%16.6%28.8%-33041.0K-2530.0099.16N/AN/A0401,044225
2020-06-25$4.63$5.0038.3%11.0%47.5%18.6%41.0%51.8%30.6%741.6K-2042.3854.89N/AN/A21501,044186
2020-06-26$4.60$5.0060.0%17.2%46.9%46.4%0.0%33.2%6.7%30933.7K-2190.00103.55N/AN/A801,065186
2020-06-29$4.81$5.0058.0%16.6%50.3%43.8%0.0%28.6%5.0%36019.2K-2350.0071.62N/AN/A501,073186
2020-06-30$4.79$5.0051.5%14.8%50.2%35.5%0.0%22.7%11.8%38124.9K-2310.0057.53N/AN/A001,078186