HLIT Options History — August 2021

In August 2021, HLIT traded between $8.64 and $10.65. ATM implied volatility averaged 48.8%, placing in the 14.3% IV rank vs the trailing year. The 30-day expected move averaged 14.1%. IV traded below realized volatility by 31.0% (HV 20d: 79.9%). Max pain ranged from $7.50 to $10.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 15 of 22 days. Put/call ratio averaged 0.48.

Notable Days

  • 2021-08-03: Highest Volume — 15,485 contracts
  • 2021-08-19: Largest IV spike — 61.5% change
  • 2021-08-02: Highest IV Rank — 41.5%
  • 2021-08-02: Largest Expected Move — 24.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.66$8.64$10.65$8.64$9.27
Max Pain$9.66$7.50$10.00$7.50$10.00
ATM IV48.8%29.4%85.3%85.3%45.9%
Expected Move14.1%8.4%24.5%24.5%13.2%
HV 20d79.9%31.3%85.8%40.1%31.3%
HV 60d53.7%32.9%55.7%32.9%55.0%
IV Rank14.3%0.0%41.5%41.5%12.3%
IV Percentile28.4%0.0%98.4%98.4%21.8%
Term Structure0.8%-21.0%24.1%-21.0%2.0%
VWIV50.5%36.1%85.0%85.0%46.1%
Skew 25d0.1%-16.4%29.6%0.4%-1.9%
Skew 10d4.5%-24.1%67.6%12.8%-1.2%
Call IV 25d47.9%27.0%84.9%84.9%46.0%
Put IV 25d48.0%34.8%85.2%85.2%44.1%
Bid-Ask Spread %38.969.2092.5739.3367.56
Gamma HHI0.670.450.960.890.46
Net GEX258.3K68.2K477.4K218.1K89.6K
Net DEX-4.4M-13.3M-2.0M-4.5M-2.3M
Net VEX-13.7K-20.2K-9.3K-15.2K-10.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.480.004.330.130.00
Total Volume1,330.864215,485169145
Total OI17,431.511,22918,31416,92618,314

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-08-02$8.64$7.5085.3%24.5%40.1%41.5%85.0%0.4%-21.0%218.1K-4.5M-15.2K0.1339.33N/AN/A1501916,685241
2021-08-03$10.65$7.5058.3%16.7%83.7%21.2%58.6%9.8%-4.7%414.7K-13.3M-19.3K0.0211.29N/AN/A15,19628917,481254
2021-08-04$10.12$7.5054.7%15.7%85.4%18.6%53.6%29.6%-3.2%477.4K-10.7M-20.2K0.1611.46N/AN/A1,64827017,553262
2021-08-05$10.11$10.0048.9%14.0%84.9%14.2%50.1%-10.1%2.9%374.4K-7.0M-19.1K1.1016.67N/AN/A414516,942562
2021-08-06$10.01$10.0044.6%13.8%85.0%11.0%57.9%-16.4%3.0%410.8K-6.7M-18.4K0.0016.89N/AN/A3,0431516,998578
2021-08-09$9.82$10.0048.3%14.1%85.5%13.7%44.6%0.4%0.8%408.1K-5.9M-16.8K0.3065.72N/AN/A541617,015567
2021-08-10$9.73$10.0044.7%14.2%85.8%11.1%51.3%-15.0%-0.0%359.1K-4.6M-15.6K0.5855.45N/AN/A382217,063561
2021-08-11$9.88$10.0048.4%13.9%85.5%13.8%0.0%-12.6%1.2%386.4K-5.1M-16.0K0.3957.88N/AN/A1817017,037559
2021-08-12$9.74$10.0045.8%13.1%85.2%11.9%44.8%1.2%3.3%405.2K-4.3M-14.5K0.8111.35N/AN/A211717,037557
2021-08-13$9.68$10.0045.0%12.9%85.3%11.3%44.3%-2.1%2.7%409.9K-4.0M-13.8K0.089.20N/AN/A49417,054540
2021-08-16$9.53$10.0044.9%12.9%84.3%11.2%44.9%-6.2%2.8%310.6K-2.7M-11.0K0.8335.62N/AN/A121017,038540
2021-08-17$9.47$10.0045.1%12.9%83.6%11.4%0.0%-3.5%3.5%242.5K-2.3M-10.2K4.3334.34N/AN/A125217,033541
2021-08-18$9.61$10.0029.4%8.4%83.5%0.0%36.1%11.2%24.1%360.2K-2.8M-9.3K0.2292.57N/AN/A32717,034538
2021-08-19$9.43$10.0047.5%13.6%83.4%13.5%47.6%-4.3%1.3%68.2K-2.0M-9.4K0.0010.40N/AN/A2017,034501
2021-08-20$9.86$10.0051.1%14.6%84.4%16.1%50.4%22.0%0.2%96.6K-2.5M-11.0K0.0067.00N/AN/A7,149517,038500
2021-08-23$9.78$10.0051.3%14.7%84.4%16.3%51.3%-2.0%-1.7%85.1K-2.6M-10.1K0.0519.51N/AN/A63311,023206
2021-08-24$9.76$10.0047.4%13.6%83.1%13.4%47.4%21.8%3.4%149.9K-3.4M-15.1K0.0351.91N/AN/A59217,817204
2021-08-25$9.51$10.0046.7%13.4%83.6%12.9%46.7%-2.7%3.0%117.9K-2.8M-12.9K0.8110.27N/AN/A1129117,834207
2021-08-26$9.43$10.0044.7%12.8%83.7%11.4%44.8%-2.9%2.9%104.4K-2.5M-11.8K0.0016.49N/AN/A151017,847206
2021-08-27$9.43$10.0048.3%13.8%82.4%14.1%54.2%-10.2%-7.4%112.1K-2.5M-11.9K0.0079.39N/AN/A49017,950269
2021-08-30$9.15$10.0047.7%13.7%82.9%13.6%0.0%-4.1%-0.4%81.0K-2.1M-10.1K0.6576.86N/AN/A825318,005268
2021-08-31$9.27$10.0045.9%13.2%31.3%12.3%46.1%-1.9%2.0%89.6K-2.3M-10.7K0.0067.56N/AN/A145018,046268