HLIT Options History — February 2022

In February 2022, HLIT traded between $8.85 and $9.52. ATM implied volatility averaged 48.9%, placing in the 15.1% IV rank vs the trailing year. The 30-day expected move averaged 14.1%. IV traded below realized volatility by 14.2% (HV 20d: 63.1%). Max pain ranged from $7.50 to $10.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 10 of 19 days. Put/call ratio averaged 0.46.

Notable Days

  • 2022-02-10: Highest Volume — 3,329 contracts
  • 2022-02-24: Largest IV spike — 31.0% change
  • 2022-02-24: Highest IV Rank — 24.3%
  • 2022-02-24: Largest Expected Move — 17.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.21$8.85$9.52$9.22$9.26
Max Pain$8.95$7.50$10.00$10.00$7.50
ATM IV48.9%44.0%61.4%54.2%50.7%
Expected Move14.1%12.7%17.6%15.5%14.5%
HV 20d63.1%58.1%65.4%59.6%65.1%
HV 60d45.1%43.6%45.8%43.6%44.3%
IV Rank15.1%11.4%24.3%19.0%16.4%
IV Percentile28.1%11.9%67.9%45.2%35.3%
Term Structure1.1%-9.0%16.2%-2.8%-7.3%
VWIV51.4%44.3%71.6%54.4%57.0%
Skew 25d5.7%-14.4%100.1%-10.6%-10.1%
Skew 10d11.0%-32.2%136.6%-32.2%-5.9%
Call IV 25d49.9%43.2%60.2%57.2%56.5%
Put IV 25d55.6%37.6%153.4%46.6%46.4%
Bid-Ask Spread %79.0426.43108.9626.4380.57
Gamma HHI0.900.840.950.870.89
Net GEX94.0K65.4K180.4K68.1K74.9K
Net DEX-1.8M-2.9M-1.1M-1.1M-2.1M
Net VEX-9.0K-11.7K-6.1K-6.3K-10.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.460.050.680.090.51
Total Volume809.8953343,3293,229334
Total OI7,539.1585,5919,7285,5916,579

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-02-01$9.22$10.0054.2%15.5%59.6%19.0%54.4%-10.6%-2.8%68.1K-1.1M-6.3K0.0926.43N/AN/A2,9632665,039552
2022-02-02$9.08$10.0053.6%15.4%58.7%18.6%53.8%-9.2%-8.7%84.0K-1.4M-7.0K0.3852.31N/AN/A4771796,239504
2022-02-03$8.88$10.0044.0%13.8%58.1%11.4%48.0%9.8%6.0%73.1K-1.3M-6.7K0.5979.88N/AN/A2991776,263496
2022-02-04$9.40$10.0056.7%13.4%63.3%20.9%52.0%3.6%8.9%109.6K-1.8M-7.5K0.2777.91N/AN/A7111946,258481
2022-02-07$9.08$10.0045.1%15.7%63.6%12.2%56.2%-12.6%-9.0%87.1K-1.2M-6.2K0.4091.50N/AN/A5102056,125477
2022-02-08$9.28$10.0048.1%13.5%64.4%14.5%46.5%-5.7%2.4%102.8K-1.3M-6.4K0.4685.14N/AN/A4442056,130488
2022-02-09$9.30$10.0046.9%13.4%63.7%13.6%48.1%12.0%-1.1%98.4K-1.1M-6.1K0.6368.70N/AN/A2531596,219488
2022-02-10$9.30$10.0047.5%13.6%63.7%14.0%47.6%11.0%-0.2%136.6K-1.4M-6.5K0.0530.56N/AN/A3,1731566,219487
2022-02-11$9.15$10.0046.8%13.4%63.7%13.5%49.2%7.6%2.0%106.9K-2.0M-11.3K0.6880.42N/AN/A2291569,096489
2022-02-14$9.11$10.0046.4%13.3%63.4%13.2%47.3%11.8%7.6%68.3K-1.8M-10.7K0.4298.42N/AN/A3711579,098489
2022-02-15$9.41$10.0046.1%13.2%63.4%13.0%45.1%-2.3%2.3%165.3K-2.5M-11.6K0.36101.48N/AN/A4531619,098492
2022-02-16$9.52$7.5044.2%12.7%63.7%11.6%44.3%10.4%16.2%180.4K-2.9M-11.7K0.4399.64N/AN/A3911699,198499
2022-02-17$9.41$7.5046.9%13.4%63.6%13.6%45.1%-0.5%9.8%79.2K-2.4M-11.3K0.4392.23N/AN/A3761639,231497
2022-02-18$9.32$7.5048.5%13.9%63.6%14.8%47.0%-1.3%4.3%76.1K-2.2M-10.9K0.4195.03N/AN/A3831579,216497
2022-02-22$9.08$7.5049.4%14.1%63.4%15.4%71.6%-11.0%-4.9%68.5K-2.1M-10.2K0.6294.02N/AN/A2391476,171401
2022-02-23$8.85$7.5046.9%13.4%63.4%13.6%55.9%-14.4%1.2%65.4K-1.8M-9.9K0.6458.52N/AN/A2301476,172401
2022-02-24$9.18$7.5061.4%17.6%65.4%24.3%60.8%18.8%-4.4%66.5K-2.2M-10.2K0.62108.96N/AN/A2371476,176401
2022-02-25$9.25$7.5046.3%13.3%65.3%13.1%47.1%100.1%-2.1%74.6K-2.1M-10.1K0.6679.95N/AN/A2231476,177401
2022-02-28$9.26$7.5050.7%14.5%65.1%16.4%57.0%-10.1%-7.3%74.9K-2.1M-10.0K0.5180.57N/AN/A2211136,178401