HLIT Options History — December 2022

In December 2022, HLIT traded between $12.95 and $15.14. ATM implied volatility averaged 47.9%, placing in the 11.5% IV rank vs the trailing year. The 30-day expected move averaged 13.5%. IV traded below realized volatility by 12.2% (HV 20d: 60.1%). Max pain ranged from $10.00 to $12.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 1.16.

Notable Days

  • 2022-12-09: Highest Volume — 2,010 contracts
  • 2022-12-30: Largest IV spike — 65.5% change
  • 2022-12-06: Highest IV Rank — 19.9%
  • 2022-12-12: Largest Expected Move — 16.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$13.54$12.95$15.14$15.02$13.04
Max Pain$11.55$10.00$12.50$12.50$12.50
ATM IV47.9%31.5%63.2%45.2%52.2%
Expected Move13.5%9.0%16.6%13.0%15.0%
HV 20d60.1%48.8%66.7%49.2%55.9%
HV 60d55.3%51.1%58.6%51.1%51.6%
IV Rank11.5%2.6%19.9%10.1%13.8%
IV Percentile29.0%0.8%67.5%20.2%40.5%
Term Structure2.6%-14.3%38.0%-7.5%-3.8%
VWIV45.4%31.2%55.0%47.5%31.2%
Skew 25d2.7%-19.7%64.2%2.7%64.2%
Skew 10d-1.7%-19.9%119.5%5.9%119.5%
Call IV 25d48.2%34.5%55.9%53.2%34.5%
Put IV 25d50.9%29.0%98.7%55.9%98.7%
Bid-Ask Spread %86.2457.87101.6490.2368.53
Gamma HHI0.560.360.920.880.38
Net GEX100.0K2.6K323.9K290.8K37.5K
Net DEX-2.2M-5.7M-1.3M-5.6M-1.3M
Net VEX-5.5K-9.0K-3.9K-9.0K-4.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.160.005.300.310.13
Total Volume239.8142,0108827
Total OI6,049.2862,4589,8288,0342,605

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-12-01$15.02$12.5045.2%13.0%49.2%10.1%47.5%2.7%-7.5%290.8K-5.6M-9.0K0.3190.23N/AN/A67216,6911,343
2022-12-02$15.14$12.5044.3%12.7%48.8%9.6%44.6%-7.8%-5.2%323.9K-5.7M-8.9K0.0789.05N/AN/A4136,6921,344
2022-12-05$13.36$10.0040.1%12.4%66.7%7.3%40.8%4.0%8.1%100.2K-1.7M-6.2K0.1694.01N/AN/A166266,6921,344
2022-12-06$13.59$10.0063.2%13.4%65.8%19.9%43.1%0.7%-14.3%146.4K-2.3M-7.2K0.1289.44N/AN/A2636,8371,354
2022-12-07$13.25$10.0050.4%13.3%65.8%12.9%53.6%-5.6%5.0%102.5K-1.7M-6.5K0.2491.98N/AN/A103256,8411,353
2022-12-08$13.48$10.0036.9%12.2%63.9%5.5%43.9%-19.7%-1.3%134.8K-2.4M-7.5K0.00101.64N/AN/A83026,9341,335
2022-12-09$13.59$10.0056.3%14.6%62.7%16.1%46.5%2.8%-10.6%114.7K-2.0M-6.0K0.0092.97N/AN/A2,00826,4701,336
2022-12-12$13.59$10.0058.6%16.6%61.0%17.4%46.1%10.9%-4.2%150.5K-2.0M-5.7K4.6795.24N/AN/A3147,9481,336
2022-12-13$13.25$10.0045.0%13.0%60.9%9.9%48.7%-0.4%7.4%2.6K-1.4M-4.3K0.1187.34N/AN/A2837,9591,333
2022-12-14$14.21$10.0048.5%13.9%65.6%11.8%47.6%2.4%1.3%294.4K-4.1M-6.5K0.1177.53N/AN/A9841087,9601,335
2022-12-15$13.77$12.5046.3%13.3%66.2%10.6%48.7%1.3%-2.5%47.0K-1.9M-5.0K0.0595.25N/AN/A284148,4481,380
2022-12-16$13.57$12.5052.6%15.1%66.2%14.1%49.3%0.0%-2.4%40.1K-1.7M-4.7K0.8693.71N/AN/A768,3021,385
2022-12-19$13.39$12.5047.2%13.5%59.3%11.1%44.1%6.9%5.0%41.2K-1.6M-4.5K0.0085.94N/AN/A1202,326132
2022-12-20$13.41$12.5054.3%15.6%58.9%15.0%49.0%4.1%0.5%38.8K-1.6M-4.6K0.2091.12N/AN/A512,334182
2022-12-21$13.32$12.5037.4%10.7%58.9%5.8%32.5%1.9%21.3%41.7K-1.5M-4.4K0.5784.80N/AN/A51292,339182
2022-12-22$13.25$12.5050.4%14.5%57.8%12.9%55.0%11.6%11.7%41.1K-1.5M-4.5K1.0091.45N/AN/A222,375205
2022-12-23$13.05$12.5046.5%13.3%57.5%10.8%48.5%-5.7%5.7%38.5K-1.4M-4.3K4.3890.99N/AN/A8352,375206
2022-12-27$13.09$12.5051.5%14.8%57.5%13.5%0.0%-7.3%-4.4%38.7K-1.4M-4.2K1.1082.90N/AN/A10112,379232
2022-12-28$12.95$12.5046.7%13.4%57.2%10.8%47.7%-5.5%6.5%37.7K-1.3M-4.1K5.3057.87N/AN/A10532,380230
2022-12-29$13.11$12.5031.5%9.0%55.9%2.6%39.1%-5.3%38.0%37.9K-1.3M-3.9K5.0058.99N/AN/A152,369232
2022-12-30$13.04$12.5052.2%15.0%55.9%13.8%31.2%64.2%-3.8%37.5K-1.3M-4.0K0.1368.53N/AN/A2432,369236