HLIT Options History — March 2021

In March 2021, HLIT traded between $7.55 and $8.45. ATM implied volatility averaged 63.7%, placing in the 49.9% IV rank vs the trailing year. The 30-day expected move averaged 18.1%. IV traded above realized volatility by 25.4% (HV 20d: 38.3%). Max pain ranged from $7.50 to $7.50. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 6 of 23 days. Put/call ratio averaged 0.79.

Notable Days

  • 2021-03-03: Highest Volume — 274 contracts
  • 2021-03-08: Largest IV spike — 59.4% change
  • 2021-03-23: Highest IV Rank — 79.5%
  • 2021-03-23: Largest Expected Move — 22.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.04$7.55$8.45$8.18$7.91
Max Pain$7.50$7.50$7.50$7.50$7.50
ATM IV63.7%49.9%81.5%68.6%52.5%
Expected Move18.1%14.3%22.5%19.7%15.0%
HV 20d38.3%33.3%41.1%34.0%39.6%
HV 60d36.7%33.8%38.5%37.1%35.8%
IV Rank49.9%29.5%79.5%53.9%37.1%
IV Percentile65.6%31.7%94.8%79.4%37.7%
Term Structure-3.7%-14.8%6.2%-5.7%5.9%
VWIV62.7%39.2%83.4%83.4%49.5%
Skew 25d7.9%-12.9%72.7%-6.5%7.3%
Skew 10d27.4%-26.3%88.6%-0.9%42.1%
Call IV 25d63.6%46.9%85.9%84.8%51.2%
Put IV 25d71.5%46.9%131.0%78.4%58.5%
Bid-Ask Spread %90.0278.80104.2592.5579.09
Gamma HHI0.580.480.690.690.49
Net GEX40.0K30.4K56.4K56.4K34.4K
Net DEX-1.1M-1.5M-814.4K-1.5M-866.9K
Net VEX-4.3K-6.0K-3.0K-6.0K-3.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.790.0011.290.000.56
Total Volume65.9570274914
Total OI5,884.134,7116,8126,3064,844

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-03-01$8.18$7.5068.6%19.7%34.0%53.9%83.4%-6.5%-5.7%56.4K-1.5M-6.0K0.0092.55N/AN/A905,858448
2021-03-02$8.19$7.5076.2%21.9%33.3%64.6%58.4%72.7%-6.5%35.9K-1.3M-5.0K0.0088.33N/AN/A1305,855448
2021-03-03$8.14$7.5055.9%16.0%33.3%36.3%0.0%-12.9%3.3%51.3K-1.3M-5.5K0.5798.15N/AN/A1741005,868448
2021-03-04$7.77$7.5059.3%19.3%36.2%41.0%65.2%-5.3%-3.6%37.9K-1.0M-4.6K0.0079.72N/AN/A1405,695538
2021-03-05$7.55$7.5051.1%19.0%37.6%29.5%0.0%-10.1%-7.5%30.4K-859.2K-4.2K0.3380.18N/AN/A315,698538
2021-03-08$7.83$7.5081.5%17.9%39.9%71.9%62.5%29.2%-12.7%42.0K-1.0M-4.4K1.4393.10N/AN/A7105,685539
2021-03-09$7.97$7.5066.6%14.7%40.0%51.2%66.6%-5.3%-13.3%43.2K-1.1M-4.7K0.00100.27N/AN/A5305,686544
2021-03-10$8.14$7.5062.5%17.9%39.4%45.5%68.4%4.1%3.8%38.4K-1.2M-4.5K0.0092.68N/AN/A21905,691544
2021-03-11$8.45$7.5064.7%18.5%41.1%48.5%66.8%-1.4%-0.4%50.3K-1.5M-5.6K0.7589.02N/AN/A80606,268544
2021-03-12$8.38$7.5066.8%19.2%41.0%51.5%70.5%-5.1%-14.8%40.9K-1.4M-4.9K0.0082.21N/AN/A19605,971604
2021-03-15$8.39$7.5071.2%20.4%39.1%57.6%71.0%-9.8%-4.3%44.6K-1.5M-4.9K0.0089.45N/AN/A13606,060604
2021-03-16$8.42$7.5065.0%18.6%39.0%48.9%0.0%-9.6%2.0%44.5K-1.3M-4.6K0.0085.63N/AN/A2606,061604
2021-03-17$8.35$7.5059.4%17.0%39.3%41.1%46.3%14.7%6.2%42.8K-1.3M-4.4K0.0297.18N/AN/A12636,047604
2021-03-18$8.20$7.5065.8%18.8%40.1%50.0%63.6%-9.6%-0.2%41.8K-1.3M-4.4K0.0079.10N/AN/A0206,160604
2021-03-19$8.15$7.5052.3%15.0%39.2%31.2%39.2%-1.5%-2.8%40.8K-1.2M-4.2K11.29104.25N/AN/A7796,160624
2021-03-22$8.07$7.5049.9%14.3%38.6%32.9%66.8%-8.4%-8.2%39.0K-1.1M-4.1K0.0089.61N/AN/A2304,250461
2021-03-23$7.77$7.5078.3%22.5%40.4%79.5%0.0%15.4%-2.8%34.0K-1.0M-4.0K0.0085.65N/AN/A4004,251461
2021-03-24$7.73$7.5055.4%15.9%37.8%41.8%0.0%1.7%-9.6%33.1K-848.2K-3.3K0.00100.51N/AN/A5004,283461
2021-03-25$7.88$7.5074.2%21.3%37.2%72.8%0.0%39.2%0.8%34.7K-902.4K-3.4K0.0095.59N/AN/A5404,333461
2021-03-26$7.99$7.5066.0%18.9%37.4%59.3%0.0%26.7%-0.2%37.5K-924.3K-3.3K0.0097.17N/AN/A004,383461
2021-03-29$7.65$7.5054.5%15.6%37.9%40.5%0.0%18.6%-14.7%30.6K-814.4K-3.4K0.0092.30N/AN/A004,383461
2021-03-30$7.88$7.5066.8%19.1%39.6%60.5%0.0%37.7%-0.6%34.6K-878.8K-3.2K0.0078.80N/AN/A004,383461
2021-03-31$7.91$7.5052.5%15.0%39.6%37.1%49.5%7.3%5.9%34.4K-866.9K-3.0K0.5679.09N/AN/A954,383461