HLIT Options History — November 2021

In November 2021, HLIT traded between $9.34 and $11.33. ATM implied volatility averaged 53.4%, placing in the 17.9% IV rank vs the trailing year. The 30-day expected move averaged 15.1%. IV traded above realized volatility by 1.8% (HV 20d: 51.6%). 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 6 of 21 days. Put/call ratio averaged 0.38.

Notable Days

  • 2021-11-02: Highest Volume — 1,825 contracts
  • 2021-11-02: Largest IV drop — 43.2% change
  • 2021-11-01: Highest IV Rank — 48.4%
  • 2021-11-01: Largest Expected Move — 27.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$10.80$9.34$11.33$9.34$10.86
Max Pain$7.50$7.50$7.50$7.50$7.50
ATM IV53.4%40.0%94.4%94.4%40.0%
Expected Move15.1%11.5%27.1%27.1%11.5%
HV 20d51.6%36.5%55.3%36.5%54.3%
HV 60d38.9%31.0%40.3%31.0%40.3%
IV Rank17.9%7.9%48.4%48.4%7.9%
IV Percentile40.1%6.3%99.2%99.2%6.3%
Term Structure-3.6%-31.5%7.4%-31.5%2.9%
VWIV54.3%46.2%94.4%94.4%51.7%
Skew 25d1.3%-23.0%26.8%-4.1%-23.0%
Skew 10d38.4%-7.4%122.9%-7.4%10.6%
Call IV 25d56.3%45.5%95.5%95.5%59.1%
Put IV 25d57.7%36.2%91.4%91.4%36.2%
Bid-Ask Spread %74.4619.20101.1758.19101.17
Gamma HHI0.630.480.930.830.49
Net GEX72.9K47.1K117.2K47.1K70.3K
Net DEX-3.6M-4.5M-2.0M-2.0M-2.9M
Net VEX-10.6K-11.6K-9.2K-9.2K-11.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.380.100.940.100.47
Total Volume780.5712681,8251,819431
Total OI6,306.5715,0737,5045,0735,853

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-11-01$9.34$7.5094.4%27.1%36.5%48.4%94.4%-4.1%-31.5%47.1K-2.0M-9.2K0.1058.19N/AN/A1,6551644,536537
2021-11-02$10.54$7.5053.6%15.4%55.3%18.0%54.3%9.9%-5.2%117.2K-4.3M-10.7K0.1419.20N/AN/A1,6022236,237569
2021-11-03$10.71$7.5055.2%15.8%54.8%19.2%55.1%4.1%-7.8%112.3K-4.3M-10.4K0.1747.37N/AN/A9931666,132665
2021-11-04$10.77$7.5050.8%13.8%54.8%15.9%48.1%-6.4%0.1%92.6K-4.1M-10.6K0.1332.34N/AN/A1,4821905,844840
2021-11-05$10.75$7.5051.9%13.6%54.5%16.7%48.5%-4.8%-0.9%66.2K-3.4M-10.2K0.4350.26N/AN/A3381455,045915
2021-11-08$10.81$7.5050.8%13.7%54.5%16.0%48.4%-0.4%-0.1%64.6K-3.5M-10.0K0.5371.91N/AN/A3411825,057949
2021-11-09$10.64$7.5052.1%14.0%52.8%16.9%50.7%-4.1%-1.4%68.0K-3.3M-10.1K0.7360.97N/AN/A2191605,091975
2021-11-10$10.44$7.5048.0%13.8%53.6%13.9%48.2%-2.5%-2.0%71.5K-3.1M-10.1K0.4172.84N/AN/A3271345,1041,005
2021-11-11$10.75$7.5046.2%13.2%53.7%12.5%52.1%-6.4%3.3%64.0K-3.5M-9.7K0.2060.12N/AN/A8321705,0291,012
2021-11-12$10.81$7.5046.8%13.4%53.4%12.9%50.5%-2.8%-0.3%72.8K-3.6M-10.3K0.2177.50N/AN/A7391545,531994
2021-11-15$10.77$7.5047.1%13.5%51.3%13.1%49.6%16.8%-1.4%58.0K-3.8M-10.0K0.5585.58N/AN/A2901595,996968
2021-11-16$11.03$7.5045.8%13.1%51.4%12.2%59.1%-9.8%7.4%66.0K-4.0M-10.0K0.2497.71N/AN/A5391305,946968
2021-11-17$10.85$7.5051.4%14.7%52.1%16.4%54.6%8.4%7.3%69.9K-4.1M-11.0K0.2798.06N/AN/A5061356,308968
2021-11-18$10.93$7.5060.6%17.4%52.0%23.3%54.3%26.8%-5.5%61.0K-4.2M-10.9K0.2893.16N/AN/A4891376,289974
2021-11-19$11.07$7.5056.4%16.2%51.4%20.1%52.4%3.1%-8.7%66.6K-4.5M-11.6K0.1182.31N/AN/A1,3181396,527977
2021-11-22$11.33$7.5042.1%12.1%47.2%9.4%46.2%5.1%-4.6%73.2K-3.3M-11.4K0.3284.51N/AN/A4111325,195489
2021-11-23$11.17$7.5050.0%14.3%48.0%15.3%49.7%5.4%5.4%74.8K-3.2M-11.4K0.9487.98N/AN/A1381305,213487
2021-11-24$11.32$7.5048.0%13.8%47.6%13.8%49.3%-4.2%-6.6%77.3K-3.3M-11.1K0.7291.78N/AN/A1781295,211489
2021-11-26$10.77$7.5068.0%19.5%51.9%28.8%64.9%19.4%-9.1%65.1K-2.9M-11.2K0.5898.30N/AN/A2241295,254489
2021-11-29$11.20$7.5062.5%17.9%53.0%24.7%58.0%-2.3%-16.6%72.7K-3.3M-11.3K0.4492.40N/AN/A3001325,281489
2021-11-30$10.86$7.5040.0%11.5%54.3%7.9%51.7%-23.0%2.9%70.3K-2.9M-11.0K0.47101.17N/AN/A2931385,365488