HLIT Options History — March 2022

In March 2022, HLIT traded between $8.70 and $9.64. ATM implied volatility averaged 63.6%, placing in the 26.0% IV rank vs the trailing year. The 30-day expected move averaged 19.0%. IV traded above realized volatility by 26.9% (HV 20d: 36.7%). Max pain ranged from $7.50 to $15.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 8 of 23 days. Put/call ratio averaged 0.54.

Notable Days

  • 2022-03-18: Highest Volume — 6,765 contracts
  • 2022-03-04: Largest IV spike — 32.3% change
  • 2022-03-28: Highest IV Rank — 37.5%
  • 2022-03-18: Largest Expected Move — 44.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.19$8.70$9.64$8.99$9.28
Max Pain$7.84$7.50$15.00$7.50$7.50
ATM IV63.6%49.6%79.2%49.6%70.0%
Expected Move19.0%13.8%44.2%14.2%15.8%
HV 20d36.7%32.4%63.4%63.4%33.6%
HV 60d45.6%44.5%46.5%44.5%45.8%
IV Rank26.0%15.6%37.5%15.6%30.7%
IV Percentile69.7%33.3%96.8%33.3%82.5%
Term Structure0.7%-24.5%112.3%-2.7%-8.4%
VWIV68.6%55.0%89.3%64.7%70.5%
Skew 25d-2.0%-26.5%13.7%-8.2%11.8%
Skew 10d-0.9%-42.7%51.5%-3.4%-1.6%
Call IV 25d69.1%52.4%89.8%52.5%76.9%
Put IV 25d67.1%39.5%88.7%44.3%88.7%
Bid-Ask Spread %79.1219.88139.1794.6768.61
Gamma HHI0.750.480.920.910.62
Net GEX85.0K53.5K126.6K74.3K96.2K
Net DEX-2.3M-3.3M-1.7M-2.0M-2.4M
Net VEX-10.5K-13.2K-8.7K-9.7K-10.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.540.020.870.510.43
Total Volume723.2612506,765334280
Total OI9,558.3046,54913,8416,56613,807

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-03-01$8.99$7.5049.6%14.2%63.4%15.6%64.7%-8.2%-2.7%74.3K-2.0M-9.7K0.5194.67N/AN/A2211136,163403
2022-03-02$9.24$7.5058.8%16.9%39.4%22.4%63.9%-24.2%-2.6%76.3K-2.1M-9.8K0.6792.22N/AN/A1691136,164408
2022-03-03$9.12$7.5051.0%14.6%39.3%16.6%60.3%11.5%7.5%73.2K-1.9M-9.5K0.7588.26N/AN/A1511136,144408
2022-03-04$8.91$7.5067.4%19.3%39.4%28.8%78.8%-4.8%2.6%71.4K-1.9M-9.3K0.7591.42N/AN/A1551166,145408
2022-03-07$8.70$7.5074.7%21.4%34.0%34.2%89.3%-0.2%-18.7%57.6K-1.7M-8.7K0.78104.16N/AN/A1481166,144411
2022-03-08$8.81$7.5053.9%20.8%32.4%18.8%73.6%2.1%2.0%63.8K-1.7M-8.7K0.78106.50N/AN/A1481166,140409
2022-03-09$9.15$7.5053.7%18.4%34.4%18.6%67.1%6.5%-2.2%75.2K-1.9M-9.1K0.10101.23N/AN/A1,1671166,140410
2022-03-10$9.02$7.5055.6%19.9%34.7%20.0%75.6%-19.9%2.3%81.9K-2.3M-10.5K0.7477.99N/AN/A1571166,919410
2022-03-11$8.91$7.5068.9%26.9%34.9%29.9%76.5%-9.3%-17.3%79.1K-2.1M-10.0K0.7019.88N/AN/A1661166,917410
2022-03-14$8.73$7.5053.2%16.8%35.2%18.3%57.4%5.8%14.3%53.5K-1.7M-9.3K0.8784.32N/AN/A1341166,918410
2022-03-15$8.90$7.5050.9%16.1%36.0%16.5%57.7%5.3%5.0%55.1K-1.8M-9.5K0.8171.79N/AN/A1421156,904410
2022-03-16$9.11$7.5058.5%16.2%35.0%22.2%58.3%13.7%-2.0%55.2K-2.1M-9.6K0.8169.48N/AN/A1421156,904410
2022-03-17$9.38$0.0070.9%17.0%36.4%31.3%81.7%9.2%-1.9%64.1K-2.2M-10.0K0.59121.57N/AN/A1981176,904410
2022-03-18$9.57$15.0059.4%44.2%36.9%22.9%67.4%8.0%112.3%61.9K-2.5M-10.4K0.02139.17N/AN/A6,6591067,025408
2022-03-21$9.43$7.5069.4%19.2%37.1%30.3%74.8%-0.2%-2.0%106.8K-2.8M-12.3K0.0555.91N/AN/A1,6778712,034286
2022-03-22$9.64$7.5065.9%19.2%36.5%27.6%73.0%-24.3%2.6%126.6K-3.3M-13.2K0.1749.48N/AN/A5208713,427292
2022-03-23$9.46$7.5072.5%19.4%35.8%32.5%72.7%-6.7%-4.9%123.7K-3.1M-12.9K0.3352.60N/AN/A41113613,501292
2022-03-24$9.48$7.5073.0%19.2%33.6%32.9%69.4%-26.5%-6.8%122.1K-3.1M-12.9K0.4460.22N/AN/A31213613,445345
2022-03-25$9.31$7.5065.0%14.0%34.2%27.0%55.0%-1.4%-18.9%108.8K-2.6M-11.7K0.3568.11N/AN/A38613613,361345
2022-03-28$9.26$7.5079.2%13.8%34.3%37.5%59.6%-2.7%-24.5%109.9K-2.6M-11.5K0.5159.88N/AN/A26913613,496345
2022-03-29$9.55$7.5068.8%17.5%34.1%29.8%61.8%6.9%-6.1%112.9K-2.8M-11.4K0.6782.98N/AN/A20313613,462345
2022-03-30$9.35$7.5073.5%17.4%33.8%33.3%69.2%0.8%-13.0%106.2K-2.6M-10.9K0.6059.42N/AN/A22613613,457345
2022-03-31$9.28$7.5070.0%15.8%33.6%30.7%70.5%11.8%-8.4%96.2K-2.4M-10.3K0.4368.61N/AN/A1968413,462345