HLIT Options History — May 2022

In May 2022, HLIT traded between $8.57 and $9.78. ATM implied volatility averaged 63.3%, placing in the 19.1% IV rank vs the trailing year. The 30-day expected move averaged 17.6%. IV traded above realized volatility by 1.6% (HV 20d: 61.7%). 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 0.40.

Notable Days

  • 2022-05-03: Highest Volume — 2,971 contracts
  • 2022-05-31: Largest IV spike — 31.5% change
  • 2022-05-02: Highest IV Rank — 28.9%
  • 2022-05-02: Largest Expected Move — 23.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.24$8.57$9.78$8.57$9.63
Max Pain$7.50$7.50$7.50$7.50$7.50
ATM IV63.3%51.2%81.2%81.2%67.4%
Expected Move17.6%14.7%23.3%23.3%19.3%
HV 20d61.7%37.0%66.8%37.0%62.1%
HV 60d44.3%36.0%46.4%36.0%45.4%
IV Rank19.1%12.5%28.9%28.9%21.4%
IV Percentile66.6%36.9%94.8%94.8%73.4%
Term Structure-1.5%-16.4%42.4%42.4%-15.1%
VWIV63.3%47.3%79.2%76.9%66.1%
Skew 25d28.6%-19.5%165.8%-2.0%111.0%
Skew 10d44.8%-56.8%226.9%18.6%157.7%
Call IV 25d66.1%50.9%105.2%105.2%65.8%
Put IV 25d94.7%51.2%237.3%103.2%176.7%
Bid-Ask Spread %84.9165.35100.8169.71100.81
Gamma HHI0.960.940.980.950.98
Net GEX205.0K123.5K345.5K139.9K289.9K
Net DEX-3.5M-5.9M-2.2M-3.4M-4.2M
Net VEX-10.9K-14.8K-9.0K-12.4K-9.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.400.060.680.260.55
Total Volume790.7622952,971462296
Total OI11,768.76210,07113,97512,73912,162

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-05-02$8.57$7.5081.2%23.3%37.0%28.9%76.9%-2.0%42.4%139.9K-3.4M-12.4K0.2669.71N/AN/A3689412,442297
2022-05-03$9.71$7.5069.3%19.9%58.9%22.4%69.4%-2.2%-16.4%215.9K-5.9M-14.8K0.0865.35N/AN/A2,75321812,536298
2022-05-04$9.78$7.5057.2%16.4%57.6%15.8%57.3%66.7%-1.7%221.9K-4.6M-13.0K0.1472.28N/AN/A1,42820610,697345
2022-05-05$9.32$7.5061.0%16.7%59.4%17.8%59.4%-3.0%-5.5%167.5K-3.2M-11.1K0.2876.79N/AN/A3981129,802342
2022-05-06$9.13$7.5069.0%17.2%60.0%22.3%60.2%-6.7%-6.3%150.1K-2.7M-10.2K0.3481.79N/AN/A3791289,754342
2022-05-09$8.78$7.5079.6%18.2%61.3%28.1%62.0%-5.9%-6.5%128.5K-2.2M-9.0K0.3674.60N/AN/A3561289,754342
2022-05-10$8.95$7.5070.8%17.5%61.6%23.3%61.3%-4.8%-5.5%144.1K-2.6M-9.6K0.0782.38N/AN/A1,8451289,729342
2022-05-11$8.82$7.5060.9%17.5%61.8%17.8%63.1%-4.7%-6.3%167.8K-2.7M-10.3K0.4881.66N/AN/A25212211,227342
2022-05-12$8.79$7.5068.2%19.6%61.3%21.8%63.2%-3.3%-5.4%123.5K-2.2M-9.1K0.6187.70N/AN/A25715611,224339
2022-05-13$9.30$7.5059.7%17.1%64.0%17.2%64.6%2.7%-2.4%200.3K-3.7M-11.6K0.5884.43N/AN/A26915611,222339
2022-05-16$8.94$7.5065.6%18.8%65.6%20.4%64.3%-5.8%-1.2%145.1K-2.7M-9.7K0.5894.87N/AN/A26915611,222339
2022-05-17$9.28$7.5054.5%15.6%66.5%14.3%62.5%1.5%-2.1%186.4K-3.0M-10.1K0.6491.45N/AN/A24415611,222339
2022-05-18$9.16$7.5057.8%16.6%66.6%16.1%58.2%7.7%-8.9%171.2K-2.8M-9.3K0.0697.13N/AN/A2,73215611,222339
2022-05-19$9.32$7.5058.7%16.8%66.8%16.6%60.6%7.1%-10.5%232.8K-3.9M-12.0K0.2899.63N/AN/A56415613,636339
2022-05-20$9.20$7.5057.0%16.3%66.1%15.7%64.7%6.0%13.0%228.0K-3.4M-11.1K0.6895.50N/AN/A22915613,568339
2022-05-23$9.26$7.5055.3%15.9%65.1%14.7%47.3%-19.5%5.6%266.4K-4.0M-11.3K0.5182.50N/AN/A28414411,823286
2022-05-24$9.45$7.5062.1%17.8%63.3%18.5%62.6%7.4%1.7%249.9K-4.0M-11.3K0.3386.92N/AN/A31610511,858286
2022-05-25$9.31$7.5061.9%17.8%63.4%18.4%79.2%150.3%-10.5%231.1K-3.2M-9.9K0.5590.49N/AN/A19010511,868281
2022-05-26$9.69$7.5059.8%17.2%64.3%17.2%76.0%165.8%8.4%298.1K-4.4M-11.1K0.5573.92N/AN/A19010511,869281
2022-05-27$9.74$7.5051.2%14.7%62.4%12.5%51.2%133.1%0.8%345.5K-4.8M-11.3K0.5493.23N/AN/A19510511,869281
2022-05-31$9.63$7.5067.4%19.3%62.1%21.4%66.1%111.0%-15.1%289.9K-4.2M-9.7K0.55100.81N/AN/A19110511,881281