HLIT Options History — May 2021

In May 2021, HLIT traded between $6.76 and $8.15. ATM implied volatility averaged 54.0%, placing in the 18.0% IV rank vs the trailing year. The 30-day expected move averaged 15.3%. IV traded below realized volatility by 13.2% (HV 20d: 67.2%). Max pain ranged from $7.50 to $7.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 0.39.

Notable Days

  • 2021-05-03: Highest Volume — 519 contracts
  • 2021-05-26: Largest IV spike — 38.1% change
  • 2021-05-03: Highest IV Rank — 42.4%
  • 2021-05-03: Largest Expected Move — 24.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.03$6.76$8.15$8.15$6.97
Max Pain$7.50$7.50$7.50$7.50$7.50
ATM IV54.0%35.5%86.6%86.6%37.6%
Expected Move15.3%10.2%24.8%24.8%10.8%
HV 20d67.2%57.0%77.6%57.0%60.9%
HV 60d52.2%43.4%53.6%43.4%51.1%
IV Rank18.0%4.2%42.4%42.4%5.7%
IV Percentile42.2%4.8%99.2%99.2%6.0%
Term Structure1.7%-18.0%21.7%-18.0%19.5%
VWIV54.3%28.9%91.6%91.6%49.1%
Skew 25d7.1%-5.1%46.2%4.4%46.2%
Skew 10d8.3%-10.5%45.6%21.3%45.6%
Call IV 25d51.8%30.3%95.9%95.9%31.0%
Put IV 25d58.9%48.2%100.2%100.2%77.2%
Bid-Ask Spread %45.4411.3593.5832.6448.67
Gamma HHI0.650.450.830.510.45
Net GEX43.5K6.0K92.3K77.2K7.4K
Net DEX-520.9K-2.6M-43.8K-2.6M-175.9K
Net VEX-2.3K-5.7K-1.0K-5.7K-1.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.390.002.950.010.00
Total Volume123.5251951912
Total OI6,594.43,1057,8927,6883,152

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-05-03$8.15$7.5086.6%24.8%57.0%42.4%91.6%4.4%-18.0%77.2K-2.6M-5.7K0.0132.64N/AN/A51276,935753
2021-05-04$7.01$7.5062.6%17.9%77.6%24.4%62.6%-1.8%-8.0%66.5K-847.5K-3.6K0.3355.30N/AN/A3771236,951765
2021-05-05$7.18$7.5057.7%16.5%77.3%20.8%57.7%16.6%-4.9%80.4K-1.1M-3.9K0.1517.51N/AN/A128196,989737
2021-05-06$7.20$7.5059.6%15.6%77.2%22.2%54.4%2.3%-2.1%78.8K-1.1M-3.7K0.7629.36N/AN/A34266,907735
2021-05-07$7.23$7.5051.5%14.5%77.2%16.1%56.8%10.4%1.6%92.3K-1.1M-3.8K1.2472.80N/AN/A1531906,880750
2021-05-10$7.06$7.5058.3%15.7%77.3%21.3%54.7%-0.6%-1.1%80.2K-791.3K-3.2K0.0511.35N/AN/A14676,952940
2021-05-11$7.05$7.5055.6%15.9%69.5%19.2%42.6%-0.7%-0.6%78.8K-679.0K-3.0K0.0232.71N/AN/A12636,813942
2021-05-12$6.86$7.5058.0%16.6%68.5%21.0%0.0%-5.1%-0.9%63.5K-447.4K-2.5K0.0063.55N/AN/A2106,869943
2021-05-13$6.90$7.5055.6%15.9%68.7%19.2%0.0%-4.5%1.3%59.3K-258.3K-2.1K0.0563.98N/AN/A4426,869943
2021-05-14$6.96$7.5052.1%14.9%68.1%16.6%0.0%3.7%2.5%43.2K-140.8K-1.8K0.0484.33N/AN/A2616,829943
2021-05-17$6.94$7.5058.9%16.9%67.1%21.7%0.0%3.4%-3.6%48.1K-168.6K-1.7K1.4387.85N/AN/A35506,818944
2021-05-18$6.99$7.5053.0%15.2%62.3%17.3%53.1%6.5%0.7%40.8K-132.0K-1.5K0.2093.58N/AN/A2556,813915
2021-05-19$6.82$7.5057.4%16.5%62.3%20.6%0.0%-4.3%-2.7%7.6K-43.8K-1.4K0.0053.58N/AN/A026,832919
2021-05-20$6.89$7.5049.8%14.3%62.5%14.9%49.8%7.2%8.7%8.5K-63.6K-1.5K0.0056.79N/AN/A606,834921
2021-05-21$6.90$7.5050.7%14.5%62.3%15.5%50.5%5.2%2.8%8.4K-80.8K-1.4K2.9521.02N/AN/A21626,833900
2021-05-24$6.96$7.5054.1%15.5%61.8%18.1%54.2%0.5%-2.4%8.0K-202.1K-1.3K0.0315.04N/AN/A15652,577528
2021-05-25$6.76$7.5035.5%10.2%62.2%4.2%28.9%20.9%21.7%8.1K-182.8K-1.3K0.1012.02N/AN/A108112,628533
2021-05-26$6.85$7.5049.1%14.1%62.0%14.4%49.1%3.8%-2.4%6.0K-145.3K-1.0K0.0725.07N/AN/A1412,611536
2021-05-27$6.97$7.5036.7%10.5%62.4%5.1%0.0%28.3%21.3%7.7K-181.8K-1.2K0.0031.60N/AN/A1202,612537
2021-05-28$6.97$7.5037.6%10.8%60.9%5.7%0.0%46.2%19.5%7.4K-175.9K-1.2K0.0048.67N/AN/A1202,615537