HLIT Options History — July 2021

In July 2021, HLIT traded between $7.69 and $8.82. ATM implied volatility averaged 65.2%, placing in the 26.4% IV rank vs the trailing year. The 30-day expected move averaged 19.8%. IV traded above realized volatility by 32.4% (HV 20d: 32.8%). Max pain ranged from $7.50 to $7.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 0.31.

Notable Days

  • 2021-07-13: Highest Volume — 4,637 contracts
  • 2021-07-14: Largest IV spike — 32.1% change
  • 2021-07-30: Highest IV Rank — 37.2%
  • 2021-07-30: Largest Expected Move — 22.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.18$7.69$8.82$8.32$8.82
Max Pain$7.50$7.50$7.50$7.50$7.50
ATM IV65.2%49.4%79.6%57.3%79.6%
Expected Move19.8%15.7%22.8%16.4%22.8%
HV 20d32.8%28.2%39.6%32.9%39.6%
HV 60d45.1%31.6%50.7%50.2%32.5%
IV Rank26.4%14.6%37.2%20.5%37.2%
IV Percentile70.2%27.0%96.4%51.2%96.4%
Term Structure-7.4%-32.5%12.6%8.8%-15.7%
VWIV66.1%45.2%80.5%53.5%80.5%
Skew 25d7.6%-8.1%60.4%11.9%4.8%
Skew 10d25.9%-2.2%101.9%46.4%23.4%
Call IV 25d65.1%42.6%84.0%44.6%75.4%
Put IV 25d72.7%52.8%144.4%56.5%80.2%
Bid-Ask Spread %57.0422.2981.7660.2440.37
Gamma HHI0.720.460.890.500.89
Net GEX111.8K32.3K227.1K41.4K227.1K
Net DEX-2.8M-5.2M-1.5M-1.9M-5.2M
Net VEX-10.6K-16.8K-5.5K-6.6K-16.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.310.003.080.080.01
Total Volume797.619314,6373241,487
Total OI12,9476,35016,6526,35016,633

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-07-01$8.32$7.5057.3%16.4%32.9%20.5%53.5%11.9%8.8%41.4K-1.9M-6.6K0.0860.24N/AN/A300245,548802
2021-07-02$8.22$7.5054.6%15.7%33.6%18.5%49.3%5.5%12.6%41.4K-1.9M-6.9K0.0273.54N/AN/A2,764505,829817
2021-07-06$8.32$7.5052.2%19.7%30.1%16.7%68.5%-1.7%-5.5%68.5K-2.4M-9.0K0.0154.47N/AN/A2,086308,226867
2021-07-07$8.07$7.5060.8%19.7%32.6%23.1%71.5%-8.1%-7.1%82.0K-2.5M-10.3K0.0234.42N/AN/A244510,217856
2021-07-08$7.94$7.5055.1%19.0%32.2%18.8%68.9%-7.4%-6.9%76.7K-2.3M-9.2K0.1539.93N/AN/A1512210,084856
2021-07-09$8.18$7.5056.0%19.2%33.0%19.5%65.9%4.3%-5.7%77.7K-2.7M-9.6K1.8353.80N/AN/A183310,126858
2021-07-12$8.16$7.5049.4%18.9%33.1%14.6%64.7%-0.4%-6.1%80.2K-2.6M-9.1K3.0849.94N/AN/A268010,141880
2021-07-13$8.23$7.5050.8%19.2%29.3%15.6%67.4%1.0%-5.5%81.2K-2.7M-9.2K0.0067.33N/AN/A4,637010,139828
2021-07-14$8.15$7.5067.1%19.2%28.4%27.8%0.0%0.4%-6.2%128.0K-3.3M-12.2K0.0053.89N/AN/A134014,490828
2021-07-15$7.98$7.5066.5%19.1%28.8%27.4%51.9%29.1%-15.3%118.3K-2.9M-11.3K0.0169.27N/AN/A68114,591828
2021-07-16$7.95$7.5066.6%19.1%28.2%27.5%66.6%-6.8%-6.2%113.2K-2.9M-10.6K0.8522.29N/AN/A413514,629829
2021-07-19$7.69$7.5072.0%20.6%28.7%31.5%66.1%17.3%-5.2%97.4K-2.1M-9.4K0.1242.62N/AN/A831012,653162
2021-07-20$8.03$7.5071.3%20.4%32.7%31.0%76.4%-1.5%-19.3%116.8K-2.6M-10.9K0.0057.92N/AN/A93012,720172
2021-07-21$8.22$7.5070.2%20.1%33.6%30.2%70.3%24.7%-32.5%132.3K-2.9M-11.5K0.1068.52N/AN/A1001012,674172
2021-07-22$8.06$7.5072.1%20.7%34.2%31.6%77.4%-1.8%-8.1%122.7K-2.7M-10.8K0.0052.06N/AN/A3,167012,712189
2021-07-23$8.18$7.5072.9%20.9%32.7%32.1%75.5%0.1%3.1%160.4K-3.3M-13.2K0.0069.27N/AN/A131015,718189
2021-07-26$8.39$7.5075.6%21.7%33.9%34.1%77.5%-1.4%-11.7%180.1K-3.8M-13.6K0.2567.64N/AN/A2335815,718189
2021-07-27$8.11$7.5067.2%19.3%35.8%27.9%52.0%60.4%-3.8%32.3K-1.5M-5.5K0.0078.32N/AN/A265015,711189
2021-07-28$8.36$7.5076.4%21.9%37.2%34.8%45.2%28.4%-10.6%178.7K-3.5M-13.3K0.0081.76N/AN/A31015,924241
2021-07-29$8.43$7.5074.4%21.3%37.4%33.2%72.4%0.9%-8.9%191.2K-3.9M-14.7K0.0060.29N/AN/A333016,411241
2021-07-30$8.82$7.5079.6%22.8%39.6%37.2%80.5%4.8%-15.7%227.1K-5.2M-16.8K0.0140.37N/AN/A1,4701716,392241