HLIT Options History — January 2022

In January 2022, HLIT traded between $10.11 and $12.16. ATM implied volatility averaged 55.9%, placing in the 20.2% IV rank vs the trailing year. The 30-day expected move averaged 17.2%. IV traded above realized volatility by 24.9% (HV 20d: 31.1%). Max pain ranged from $7.50 to $10.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 0.35.

Notable Days

  • 2022-01-31: Highest Volume — 2,565 contracts
  • 2022-01-12: Largest IV spike — 108.7% change
  • 2022-01-31: Highest IV Rank — 42.7%
  • 2022-01-31: Largest Expected Move — 24.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$11.04$10.11$12.16$11.99$10.65
Max Pain$9.63$7.50$10.00$7.50$10.00
ATM IV55.9%28.5%86.2%41.3%86.2%
Expected Move17.2%10.3%24.7%11.8%24.7%
HV 20d31.1%24.9%35.6%24.9%34.7%
HV 60d39.3%31.3%41.2%40.3%32.2%
IV Rank20.2%0.0%42.7%9.1%42.7%
IV Percentile47.0%0.0%98.4%8.3%98.4%
Term Structure-1.8%-22.7%22.3%11.3%-22.7%
VWIV61.2%33.9%85.6%43.8%85.6%
Skew 25d22.0%-8.1%213.3%126.7%-5.5%
Skew 10d36.1%-29.9%300.1%175.2%-29.9%
Call IV 25d62.3%39.1%83.9%44.8%83.9%
Put IV 25d84.3%36.8%260.4%171.5%78.4%
Bid-Ask Spread %74.4946.2390.3473.3546.23
Gamma HHI0.530.440.650.530.56
Net GEX50.3K32.4K79.0K62.6K35.5K
Net DEX-2.2M-3.1M-1.3M-2.8M-1.6M
Net VEX-6.8K-7.5K-6.2K-7.3K-6.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.350.050.560.440.05
Total Volume570.352182,5654722,565
Total OI4,258.053,3434,8984,3253,497

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-01-03$11.99$7.5041.3%11.8%24.9%9.1%43.8%126.7%11.3%62.6K-2.8M-7.3K0.4473.35N/AN/A3271453,828497
2022-01-04$12.16$7.5051.8%14.8%24.9%16.9%50.0%213.3%7.0%66.0K-3.1M-7.2K0.2968.98N/AN/A4851433,889500
2022-01-05$11.71$7.5036.0%10.3%29.3%5.1%37.5%-2.4%22.3%79.0K-3.0M-7.4K0.3780.82N/AN/A3701364,058501
2022-01-06$11.52$10.0044.7%16.0%30.2%11.6%64.9%2.3%4.0%66.5K-2.7M-7.4K0.3664.08N/AN/A3881384,082508
2022-01-07$11.20$10.0036.3%17.0%32.1%5.3%59.7%-0.3%-10.4%60.9K-2.4M-7.5K0.3272.98N/AN/A4211334,104508
2022-01-10$11.27$10.0041.7%17.0%32.0%9.4%62.0%0.3%-9.9%61.4K-2.4M-7.3K0.3364.29N/AN/A4011334,105512
2022-01-11$11.48$10.0028.5%16.6%32.3%0.0%33.9%4.2%-5.4%58.0K-2.5M-7.0K0.3176.25N/AN/A4291334,098512
2022-01-12$11.47$10.0059.5%17.1%31.9%22.9%63.0%2.8%-6.2%65.8K-2.6M-7.1K0.3471.40N/AN/A3911334,102510
2022-01-13$11.38$10.0070.7%20.3%30.5%31.2%66.1%-5.2%-7.9%47.9K-2.4M-6.8K0.3966.50N/AN/A3271294,101510
2022-01-14$11.45$10.0046.1%13.2%29.7%13.0%53.8%1.1%1.2%67.7K-2.6M-7.2K0.2676.48N/AN/A4961294,205509
2022-01-18$10.87$10.0050.9%14.6%35.6%16.5%59.6%32.4%8.6%40.5K-2.2M-6.7K0.2990.34N/AN/A5051454,389509
2022-01-19$10.80$10.0061.1%17.5%35.6%24.1%61.9%-2.7%3.3%54.4K-2.1M-6.7K0.2976.12N/AN/A4951464,235514
2022-01-20$10.63$10.0059.6%17.1%35.1%23.0%61.9%-7.5%-3.9%39.1K-2.0M-6.7K0.5672.26N/AN/A2631464,216514
2022-01-21$10.50$10.0049.5%14.2%32.3%15.6%65.1%55.3%16.9%34.0K-1.9M-6.6K0.4885.74N/AN/A3031464,272514
2022-01-24$10.67$10.0068.5%19.6%31.1%29.6%68.7%6.9%0.1%33.4K-1.6M-6.4K0.3681.58N/AN/A160582,914436
2022-01-25$10.39$10.0076.8%22.0%29.4%35.8%74.8%8.8%-15.5%32.4K-1.5M-6.4K0.4479.15N/AN/A163722,913437
2022-01-26$10.30$10.0070.3%20.2%29.4%30.9%70.1%9.3%-11.8%34.4K-1.5M-6.2K0.4388.11N/AN/A168722,923430
2022-01-27$10.11$10.0068.4%19.6%29.6%29.5%73.8%8.2%-7.0%33.4K-1.3M-6.2K0.3786.07N/AN/A262962,913430
2022-01-28$10.24$10.0070.5%20.2%30.5%31.1%68.7%-8.1%-11.0%33.8K-1.4M-6.2K0.4169.04N/AN/A181743,012454
2022-01-31$10.65$10.0086.2%24.7%34.7%42.7%85.6%-5.5%-22.7%35.5K-1.6M-6.3K0.0546.23N/AN/A2,4471183,043454