HLIT Options History — January 2021

In January 2021, HLIT traded between $7.30 and $8.22. ATM implied volatility averaged 56.3%, placing in the 41.7% IV rank vs the trailing year. The 30-day expected move averaged 18.1%. IV traded above realized volatility by 16.7% (HV 20d: 39.6%). 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 1 of 19 days. Put/call ratio averaged 0.30.

Notable Days

  • 2021-01-19: Highest Volume — 551 contracts
  • 2021-01-13: Largest IV spike — 72.4% change
  • 2021-01-29: Highest IV Rank — 72.7%
  • 2021-01-29: Largest Expected Move — 23.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.89$7.30$8.22$7.30$7.78
Max Pain$5.66$5.00$7.50$5.00$5.00
ATM IV56.3%32.6%80.4%47.7%80.4%
Expected Move18.1%16.3%23.1%17.3%23.1%
HV 20d39.6%32.3%46.8%41.0%35.8%
HV 60d43.4%40.2%45.7%45.7%40.8%
IV Rank41.7%11.2%72.7%30.6%72.7%
IV Percentile53.1%4.8%94.4%33.7%94.4%
Term Structure-7.2%-27.9%5.0%-7.3%-27.9%
VWIV61.6%50.8%103.9%56.3%63.5%
Skew 25d13.5%-2.5%30.1%5.7%5.6%
Skew 10d22.5%10.0%39.9%10.0%16.9%
Call IV 25d49.4%39.6%66.8%45.4%61.8%
Put IV 25d62.9%51.1%76.2%51.1%67.4%
Bid-Ask Spread %68.4237.2988.7458.2175.74
Gamma HHI0.720.470.960.940.49
Net GEX21.8K8.9K39.9K28.1K19.7K
Net DEX-910.1K-1.4M-546.2K-820.5K-667.8K
Net VEX-1.8K-2.5K-1.4K-1.5K-2.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.300.004.444.440.20
Total Volume148.10514551136102
Total OI2,160.3161,2962,6552,1262,655

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-01-04$7.30$5.0047.7%17.3%41.0%30.6%56.3%5.7%-7.3%28.1K-820.5K-1.5K4.4458.21N/AN/A251111,976150
2021-01-05$7.32$5.0046.1%17.2%39.8%28.5%60.0%7.6%-8.5%30.1K-837.0K-1.5K0.0058.02N/AN/A1401,970260
2021-01-06$7.59$5.0043.5%16.4%41.6%25.2%57.3%10.3%-6.1%34.2K-1.0M-1.5K0.0037.29N/AN/A23401,981260
2021-01-07$7.80$5.0043.7%17.1%42.4%25.5%59.6%16.9%-8.8%35.5K-1.2M-1.5K0.0060.49N/AN/A3802,082260
2021-01-08$7.78$5.0032.6%16.3%39.9%11.2%56.9%20.5%-5.1%36.4K-1.2M-1.5K0.3773.83N/AN/A68252,079260
2021-01-11$7.73$7.5039.4%17.1%40.1%20.0%59.6%20.7%-9.0%39.9K-1.2M-1.5K0.0375.05N/AN/A22962,096285
2021-01-12$7.97$7.5033.6%17.0%41.0%12.5%59.5%21.5%-7.8%14.1K-1.3M-1.4K0.0388.74N/AN/A12042,081291
2021-01-13$7.79$7.5057.9%16.6%42.3%43.8%61.4%18.5%-6.8%35.4K-1.2M-1.5K0.5076.57N/AN/A20102,067295
2021-01-14$8.14$7.5061.7%17.7%44.5%48.6%64.0%-2.5%-5.8%8.9K-1.4M-1.4K0.0057.00N/AN/A17602,070305
2021-01-15$7.89$7.5059.2%17.0%46.4%45.4%55.0%22.3%-5.9%9.1K-1.3M-1.4K0.0075.14N/AN/A7802,081305
2021-01-19$8.09$5.0063.5%18.2%46.8%50.9%50.8%22.1%-6.6%9.3K-546.2K-1.4K0.0076.04N/AN/A55011,048248
2021-01-20$8.06$5.0061.3%17.6%46.6%48.0%61.3%2.9%-5.9%15.1K-635.2K-2.0K0.0068.04N/AN/A5001,575248
2021-01-21$8.14$5.0063.2%18.1%36.5%50.6%63.2%21.9%-6.7%14.9K-666.8K-2.0K0.0376.89N/AN/A6521,588248
2021-01-22$8.07$5.0064.4%18.5%33.1%52.1%0.0%4.4%-7.5%15.4K-653.4K-2.1K0.0059.13N/AN/A1501,642250
2021-01-25$8.12$5.0068.4%19.6%33.1%57.2%53.0%30.1%-9.8%15.4K-665.2K-2.1K0.0060.10N/AN/A1501,642250
2021-01-26$8.20$5.0069.2%19.8%33.1%58.2%67.1%6.4%-5.1%15.6K-696.4K-2.2K0.0052.20N/AN/A20801,649250
2021-01-27$8.22$5.0070.9%20.3%32.3%60.5%103.9%12.1%5.0%17.0K-724.0K-2.3K0.0186.18N/AN/A49731,814250
2021-01-28$7.89$5.0063.2%18.1%35.3%50.5%55.8%9.3%-0.3%19.1K-665.9K-2.4K0.0285.28N/AN/A14532,283252
2021-01-29$7.78$5.0080.4%23.1%35.8%72.7%63.5%5.6%-27.9%19.7K-667.8K-2.5K0.2075.74N/AN/A85172,402253