HLIT Options History — April 2021

In April 2021, HLIT traded between $7.60 and $8.78. ATM implied volatility averaged 72.6%, placing in the 41.5% IV rank vs the trailing year. The 30-day expected move averaged 19.9%. IV traded above realized volatility by 26.5% (HV 20d: 46.1%). Max pain ranged from $5.00 to $10.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 6.65.

Notable Days

  • 2021-04-13: Highest Volume — 4,727 contracts
  • 2021-04-13: Largest IV spike — 115.6% change
  • 2021-04-13: Highest IV Rank — 100.0%
  • 2021-04-12: Largest Expected Move — 23.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.06$7.60$8.78$7.94$7.82
Max Pain$7.50$5.00$10.00$7.50$7.50
ATM IV72.6%52.1%163.6%52.7%63.2%
Expected Move19.9%15.1%23.1%15.1%18.1%
HV 20d46.1%32.1%56.9%35.9%55.1%
HV 60d39.2%35.0%42.7%35.8%42.6%
IV Rank41.5%24.9%100.0%37.5%24.9%
IV Percentile79.6%36.5%100.0%39.3%70.6%
Term Structure-8.4%-16.5%6.7%6.7%-16.5%
VWIV75.6%69.0%100.0%100.0%82.4%
Skew 25d1.0%-39.5%26.4%5.1%-39.5%
Skew 10d16.0%-20.6%55.3%37.9%-20.6%
Call IV 25d73.0%51.2%96.6%51.2%96.6%
Put IV 25d73.9%56.4%100.1%56.4%57.1%
Bid-Ask Spread %53.6212.29105.41105.4150.80
Gamma HHI0.700.470.880.480.53
Net GEX34.0K21.5K71.6K33.5K71.6K
Net DEX-980.8K-2.1M-508.9K-953.5K-2.1M
Net VEX-3.6K-5.8K-2.8K-3.3K-5.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio6.650.00130.000.000.01
Total Volume573.57144,7276327
Total OI4,976.2863,8397,6074,8407,607

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-04-01$7.94$7.5052.7%15.1%35.9%37.5%100.0%5.1%6.7%33.5K-953.5K-3.3K0.00105.41N/AN/A604,379461
2021-04-05$8.03$10.0052.1%18.6%34.3%36.4%0.0%2.6%0.6%33.3K-959.4K-2.9K0.0049.49N/AN/A404,383461
2021-04-06$8.22$10.0064.0%17.1%32.9%56.1%0.0%1.1%-7.9%37.4K-1.1M-3.2K0.0070.70N/AN/A2104,387461
2021-04-07$7.89$10.0074.5%20.5%35.7%73.3%0.0%-9.0%-12.4%34.7K-934.5K-3.1K0.0065.30N/AN/A2704,386461
2021-04-08$7.97$10.0062.9%18.2%35.1%54.2%0.0%-8.5%-6.3%33.8K-917.0K-2.8K0.0044.24N/AN/A804,386461
2021-04-09$8.01$10.0052.8%19.0%32.1%37.5%83.7%-0.3%-3.9%31.7K-965.6K-2.9K0.0054.87N/AN/A01904,390461
2021-04-12$8.07$5.0075.9%23.1%32.2%75.5%74.1%17.9%-13.5%30.9K-1.0M-2.8K0.0074.95N/AN/A20204,390651
2021-04-13$8.78$5.00163.6%20.5%44.5%100.0%70.5%-17.6%-9.6%58.6K-1.6M-3.7K0.1176.24N/AN/A4,2774504,587651
2021-04-14$8.38$5.0065.8%18.9%47.7%26.8%71.3%-5.8%-7.4%38.5K-1.5M-4.5K0.0563.36N/AN/A184106,152761
2021-04-15$8.38$5.0068.7%19.7%47.6%29.0%69.6%-0.2%-6.4%37.9K-1.5M-4.5K0.1537.55N/AN/A4066,175771
2021-04-16$8.55$5.0068.9%19.7%47.6%29.1%69.0%1.7%-6.4%42.5K-1.6M-4.5K0.0638.35N/AN/A845506,208776
2021-04-19$8.20$7.5070.3%20.2%50.0%30.2%70.0%-1.8%-8.3%33.9K-866.0K-3.9K0.6312.29N/AN/A73463,634416
2021-04-20$7.60$7.5071.1%20.4%56.9%30.8%74.7%26.4%-9.2%23.9K-585.4K-3.2K0.0356.72N/AN/A609203,692464
2021-04-21$7.71$7.5071.3%20.4%55.6%31.0%71.3%26.2%-8.4%22.8K-533.8K-3.2K130.0057.17N/AN/A11303,351488
2021-04-22$7.73$7.5073.8%21.1%55.6%32.8%73.9%-2.4%-11.4%21.5K-508.9K-3.2K0.0040.49N/AN/A1103,351618
2021-04-23$7.82$7.5070.8%20.3%55.3%30.6%71.5%1.0%-7.9%22.6K-528.8K-3.2K0.3856.78N/AN/A833,352618
2021-04-26$7.98$7.5073.3%21.0%55.6%32.4%73.2%4.3%-10.8%24.8K-596.4K-3.4K0.9355.33N/AN/A1081003,352627
2021-04-27$7.97$7.5072.3%20.7%53.2%31.7%74.3%14.2%-9.8%23.1K-548.5K-3.3K0.0040.99N/AN/A49123,360727
2021-04-28$8.11$7.5075.6%21.7%52.5%34.2%74.9%7.3%-13.6%28.0K-662.0K-3.7K0.6737.11N/AN/A323,595726
2021-04-29$8.18$7.5080.1%23.0%52.6%37.5%80.8%-2.0%-13.5%29.4K-733.9K-3.8K0.0137.90N/AN/A3,762293,597728
2021-04-30$7.82$7.5063.2%18.1%55.1%24.9%82.4%-39.5%-16.5%71.6K-2.1M-5.8K0.0150.80N/AN/A32436,854753