HLIT Options History — December 2020

In December 2020, HLIT traded between $6.44 and $7.43. ATM implied volatility averaged 44.3%, placing in the 26.2% IV rank vs the trailing year. The 30-day expected move averaged 12.8%. IV traded above realized volatility by 5.1% (HV 20d: 39.2%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 22 of 22 days. Put/call ratio averaged 0.06.

Notable Days

  • 2020-12-18: Highest Volume — 472 contracts
  • 2020-12-04: Largest IV spike — 39.0% change
  • 2020-12-07: Highest IV Rank — 40.4%
  • 2020-12-21: Largest Expected Move — 15.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.07$6.44$7.43$6.44$7.43
Max Pain$5.00$5.00$5.00$5.00$5.00
ATM IV44.3%31.9%55.3%39.4%42.3%
Expected Move12.8%10.5%15.9%11.3%12.1%
HV 20d39.2%30.4%45.4%45.4%41.1%
HV 60d48.3%43.3%51.5%51.3%45.5%
IV Rank26.2%10.2%40.4%19.9%23.6%
IV Percentile29.3%5.6%50.4%25.0%23.4%
Term Structure8.6%0.3%17.1%10.9%15.2%
VWIV46.6%41.5%57.8%44.3%42.7%
Skew 25d23.5%-11.2%79.5%5.2%6.8%
Skew 10d30.0%-23.7%99.9%7.3%8.4%
Call IV 25d48.6%39.1%57.1%39.1%43.6%
Put IV 25d72.2%41.7%127.9%44.3%50.4%
Bid-Ask Spread %74.9110.9298.5410.9265.75
Gamma HHI0.900.630.950.630.94
Net GEX20.6K9.5K29.2K9.5K27.3K
Net DEX-630.7K-864.2K-389.1K-389.1K-864.2K
Net VEX-1.2K-1.6K-831-831-1.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.060.000.830.000.02
Total Volume76.9550472195
Total OI1,954.8641,7332,1131,7332,068

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-12-01$6.44$5.0039.4%11.3%45.4%19.9%0.0%5.2%10.9%9.5K-389.1K-8310.0010.92N/AN/A101,545188
2020-12-02$6.69$5.0036.8%10.5%42.8%16.5%0.0%13.0%11.0%12.8K-446.9K-8810.0042.99N/AN/A4601,546188
2020-12-03$6.88$5.0031.9%12.6%41.6%10.2%44.3%-4.5%6.3%16.1K-499.0K-9410.0067.89N/AN/A7301,591188
2020-12-04$7.08$5.0044.3%12.7%41.8%26.2%44.5%54.3%2.4%19.3K-581.8K-9540.0091.53N/AN/A7101,559188
2020-12-07$7.16$5.0055.3%13.4%41.2%40.4%46.9%0.1%0.3%20.7K-660.1K-1.0K0.0881.66N/AN/A146111,593188
2020-12-08$7.22$5.0043.1%13.4%37.1%24.7%46.7%44.8%3.5%23.0K-664.1K-1.1K0.0045.77N/AN/A32101,655199
2020-12-09$6.97$5.0046.5%13.3%38.4%29.0%46.5%0.1%4.1%22.6K-584.5K-1.1K0.8380.52N/AN/A651,902199
2020-12-10$7.04$5.0045.9%13.2%37.1%28.3%0.0%8.4%5.2%25.4K-605.5K-1.1K0.0093.58N/AN/A1101,908204
2020-12-11$7.02$5.0047.5%13.6%34.7%30.3%57.8%66.7%2.4%24.0K-597.2K-1.1K0.0094.62N/AN/A701,909204
2020-12-14$7.07$5.0045.4%13.0%32.6%27.6%0.0%9.3%6.0%27.3K-614.0K-1.1K0.0092.97N/AN/A001,909204
2020-12-15$7.09$5.0044.9%12.9%32.5%26.9%48.1%2.9%7.1%29.2K-631.3K-1.1K0.0082.27N/AN/A1701,909204
2020-12-16$7.07$5.0043.3%12.4%31.6%25.0%52.5%11.3%8.4%28.5K-614.5K-1.1K0.0098.54N/AN/A1101,907204
2020-12-17$7.05$5.0044.0%12.6%30.4%25.9%44.2%79.5%12.4%13.4K-550.3K-9610.0097.67N/AN/A301,907204
2020-12-18$7.21$5.0042.3%12.1%30.4%23.6%42.3%12.0%12.5%15.4K-607.1K-9980.0295.80N/AN/A462101,907204
2020-12-21$6.71$5.0055.3%15.9%40.5%40.4%56.6%-11.2%3.0%13.6K-544.1K-1.3K0.0071.19N/AN/A1101,693151
2020-12-22$7.08$5.0044.9%12.9%44.4%27.0%44.9%14.8%11.2%17.5K-647.2K-1.4K0.0082.57N/AN/A15601,699151
2020-12-23$7.15$5.0041.6%11.9%44.4%22.7%42.0%51.5%15.7%19.0K-678.9K-1.4K0.0066.93N/AN/A1201,752151
2020-12-24$7.21$5.0041.5%11.9%43.7%22.6%41.5%44.3%17.1%20.2K-711.7K-1.4K0.2582.89N/AN/A821,748151
2020-12-28$7.40$5.0048.8%14.0%44.2%32.1%49.0%30.0%9.7%20.4K-800.1K-1.4K0.0165.06N/AN/A10411,750151
2020-12-29$7.26$5.0044.2%12.7%42.9%26.1%44.2%56.7%12.7%23.0K-759.7K-1.4K0.0072.20N/AN/A7101,829152
2020-12-30$7.31$5.0044.9%12.9%42.6%27.0%44.9%21.8%11.3%24.0K-823.3K-1.5K0.0064.72N/AN/A3201,896152
2020-12-31$7.43$5.0042.3%12.1%41.1%23.6%42.7%6.8%15.2%27.3K-864.2K-1.6K0.0265.75N/AN/A9321,916152