HLIT Options History — September 2021

In September 2021, HLIT traded between $8.76 and $9.48. ATM implied volatility averaged 49.4%, placing in the 14.9% IV rank vs the trailing year. The 30-day expected move averaged 14.5%. IV traded above realized volatility by 20.0% (HV 20d: 29.4%). 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 20 of 21 days. Put/call ratio averaged 0.15.

Notable Days

  • 2021-09-13: Highest Volume — 958 contracts
  • 2021-09-08: Largest IV spike — 46.0% change
  • 2021-09-30: Highest IV Rank — 22.9%
  • 2021-09-30: Largest Expected Move — 17.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.00$8.76$9.48$9.18$8.78
Max Pain$5.24$5.00$10.00$10.00$5.00
ATM IV49.4%32.0%60.1%39.1%60.1%
Expected Move14.5%11.2%17.2%11.2%17.2%
HV 20d29.4%26.6%32.5%26.7%27.3%
HV 60d54.8%54.3%55.6%55.1%54.3%
IV Rank14.9%1.9%22.9%7.2%22.9%
IV Percentile34.4%1.2%65.9%7.1%65.9%
Term Structure6.1%-1.2%13.5%-1.2%6.7%
VWIV48.1%29.6%59.7%47.8%56.6%
Skew 25d-10.1%-21.0%8.5%-9.4%-6.8%
Skew 10d-7.6%-35.2%24.9%-8.5%-10.5%
Call IV 25d51.2%41.0%60.2%44.0%59.4%
Put IV 25d41.1%34.3%66.4%34.6%52.6%
Bid-Ask Spread %56.4810.0189.5168.8982.89
Gamma HHI0.550.450.710.450.65
Net GEX67.0K48.5K102.8K81.6K54.6K
Net DEX-1.9M-2.5M-1.6M-2.1M-1.6M
Net VEX-8.6K-10.9K-7.2K-9.9K-7.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.150.001.000.000.00
Total Volume75.3330958460
Total OI16,030.85712,23119,63918,36912,287

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-09-01$9.18$10.0039.1%11.2%26.7%7.2%47.8%-9.4%-1.2%81.6K-2.1M-9.9K0.0068.89N/AN/A46018,048321
2021-09-02$9.48$5.0040.6%13.3%29.8%8.3%46.3%-3.1%6.1%102.8K-2.5M-10.9K0.1335.08N/AN/A53718,187321
2021-09-03$9.23$5.0046.4%13.7%30.9%12.7%47.7%-7.9%5.5%89.6K-2.2M-10.4K0.0365.89N/AN/A33118,229321
2021-09-07$9.03$5.0032.0%14.3%31.1%1.9%41.0%-13.1%2.9%72.8K-1.9M-9.3K0.2834.13N/AN/A1414018,224322
2021-09-08$9.03$5.0046.7%13.4%31.0%12.9%0.0%8.5%7.7%65.1K-1.8M-8.6K0.0052.16N/AN/A01918,208322
2021-09-09$8.97$5.0048.8%14.0%30.2%14.4%48.7%-14.1%4.6%65.8K-1.8M-8.9K1.0053.48N/AN/A1118,349362
2021-09-10$8.90$5.0047.3%13.6%30.0%13.4%47.4%-13.1%6.7%60.0K-1.7M-8.5K0.1766.03N/AN/A35618,349381
2021-09-13$9.16$5.0053.7%15.4%32.3%18.1%53.7%-21.0%3.5%79.1K-2.0M-9.6K0.0610.01N/AN/A9045418,349382
2021-09-14$8.98$5.0053.9%15.5%32.5%18.2%41.3%-14.7%4.8%63.9K-1.8M-8.8K0.3351.40N/AN/A21718,384376
2021-09-15$8.98$5.0052.5%15.1%32.5%17.2%51.0%0.7%5.3%69.5K-2.2M-8.9K0.0769.96N/AN/A15119,244367
2021-09-16$9.03$5.0049.3%14.1%32.0%14.8%49.3%-14.5%13.5%65.6K-2.2M-8.6K0.1872.98N/AN/A11219,266373
2021-09-17$8.86$5.0053.2%15.2%32.0%17.7%29.6%-18.3%6.4%64.2K-2.2M-8.6K0.0073.19N/AN/A73019,276354
2021-09-20$8.78$5.0058.8%16.8%26.6%21.9%59.7%-20.6%5.4%61.1K-1.8M-8.2K0.2379.29N/AN/A35811,917314
2021-09-21$8.76$5.0048.6%13.9%26.6%14.3%47.3%6.2%11.8%58.0K-1.7M-7.8K0.0079.71N/AN/A8011,919314
2021-09-22$8.93$5.0042.4%12.1%28.0%9.6%0.0%-6.6%8.9%56.1K-1.7M-7.7K0.0089.51N/AN/A0011,930322
2021-09-23$9.03$5.0054.0%15.5%27.4%18.3%53.9%-13.2%4.1%67.6K-1.9M-8.3K0.0073.25N/AN/A14011,929323
2021-09-24$9.07$5.0051.0%14.6%27.4%16.1%0.0%-10.6%6.2%64.1K-1.9M-8.0K0.0065.55N/AN/A21011,929323
2021-09-27$9.14$5.0050.1%14.4%27.6%15.4%0.0%-12.1%9.7%63.2K-1.9M-7.7K0.0026.12N/AN/A10011,940323
2021-09-28$8.86$5.0054.5%15.6%27.7%18.7%0.0%-12.9%5.6%54.4K-1.7M-7.5K0.0021.85N/AN/A0011,953323
2021-09-29$8.76$5.0053.3%15.3%27.4%17.8%56.6%-15.6%5.1%48.5K-1.6M-7.2K0.0014.78N/AN/A15011,964323
2021-09-30$8.78$5.0060.1%17.2%27.3%22.9%0.0%-6.8%6.7%54.6K-1.6M-7.4K0.0082.89N/AN/A0011,964323