HLIT Options History — January 2023

In January 2023, HLIT traded between $12.93 and $15.43. ATM implied volatility averaged 50.1%, placing in the 12.7% IV rank vs the trailing year. The 30-day expected move averaged 15.0%. IV traded above realized volatility by 5.3% (HV 20d: 44.7%). Max pain ranged from $12.50 to $15.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 7 of 20 days. Put/call ratio averaged 1.83.

Notable Days

  • 2023-01-31: Highest Volume — 4,473 contracts
  • 2023-01-11: Largest IV spike — 49.3% change
  • 2023-01-30: Highest IV Rank — 23.7%
  • 2023-01-30: Largest Expected Move — 20.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$14.44$12.93$15.43$13.09$12.93
Max Pain$14.75$12.50$15.00$12.50$15.00
ATM IV50.1%35.1%70.2%41.8%38.4%
Expected Move15.0%11.0%20.1%12.0%11.0%
HV 20d44.7%33.6%59.0%55.7%59.0%
HV 60d53.6%50.5%55.0%51.1%54.3%
IV Rank12.7%4.6%23.7%8.2%6.4%
IV Percentile34.0%1.6%80.6%9.5%4.0%
Term Structure-0.7%-18.1%23.9%12.2%2.4%
VWIV52.6%42.0%69.9%42.0%45.7%
Skew 25d1.0%-15.8%21.1%8.3%-8.3%
Skew 10d7.9%-22.3%36.0%20.7%-6.9%
Call IV 25d52.5%28.4%62.2%36.2%47.6%
Put IV 25d53.5%39.3%73.3%44.6%39.3%
Bid-Ask Spread %85.0267.43100.6387.2073.90
Gamma HHI0.500.330.790.390.40
Net GEX50.7K21.1K97.4K37.3K40.9K
Net DEX-1.9M-2.7M298.0K-1.3M298.0K
Net VEX-3.8K-5.3K-3.4K-3.6K-5.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.830.0127.751.870.09
Total Volume442164,473894,473
Total OI2,734.651,9005,1432,6065,143

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-01-03$13.09$12.5041.8%12.0%55.7%8.2%42.0%8.3%12.2%37.3K-1.3M-3.6K1.8787.20N/AN/A31582,369237
2023-01-04$13.14$12.5047.4%13.6%34.2%11.2%47.2%21.1%23.9%35.5K-1.4M-3.8K0.2976.35N/AN/A1442,369295
2023-01-05$13.14$15.0043.0%14.9%33.6%8.9%45.1%10.4%18.5%35.4K-1.3M-3.8K0.8688.27N/AN/A21182,371295
2023-01-06$13.80$15.0036.3%14.0%36.8%5.2%47.7%1.9%-0.1%45.9K-1.6M-3.7K0.3592.51N/AN/A31112,390277
2023-01-09$15.18$15.0041.1%14.6%49.4%7.8%51.5%-11.4%-4.4%73.8K-2.5M-3.7K0.07100.63N/AN/A248172,421286
2023-01-10$15.00$15.0035.1%14.7%49.8%4.6%49.9%9.6%-0.6%75.0K-2.5M-3.7K0.0288.33N/AN/A6112,446291
2023-01-11$15.14$15.0052.4%15.0%49.8%14.0%52.6%-7.3%-18.1%69.1K-2.5M-3.4K0.0196.00N/AN/A9712,445291
2023-01-12$15.43$15.0051.4%14.7%48.6%13.4%55.1%-7.0%5.4%70.9K-2.7M-3.6K1.6794.65N/AN/A6102,503291
2023-01-13$15.39$15.0052.0%14.9%42.8%13.8%56.0%4.8%-3.9%78.5K-2.7M-3.5K0.2389.52N/AN/A132312,501298
2023-01-17$15.29$15.0057.6%16.5%40.9%16.8%0.0%-7.9%-6.1%78.1K-2.7M-3.4K27.7597.23N/AN/A41112,547298
2023-01-18$15.30$15.0048.2%13.8%40.3%11.7%49.8%1.0%-0.7%97.4K-2.7M-3.6K0.2389.48N/AN/A1332,543409
2023-01-19$14.64$15.0056.6%16.2%43.6%16.3%52.4%-14.2%-4.0%90.1K-2.1M-3.8K0.2080.61N/AN/A2042,548412
2023-01-20$14.50$15.0057.3%16.4%43.8%16.7%57.3%3.3%3.0%21.1K-1.8M-3.7K0.2091.70N/AN/A1532,544415
2023-01-23$14.52$15.0055.7%16.0%43.7%15.8%57.3%1.4%-11.0%22.2K-1.5M-3.5K0.4375.75N/AN/A90391,610290
2023-01-24$14.30$15.0051.2%14.7%44.1%13.3%51.7%0.1%-5.1%23.7K-1.4M-3.6K0.5680.13N/AN/A52291,685325
2023-01-25$14.32$15.0052.2%15.0%43.6%13.9%53.5%5.5%3.2%24.8K-1.5M-3.8K0.5681.30N/AN/A73411,768354
2023-01-26$14.77$15.0054.6%15.7%44.5%15.2%54.7%-15.8%-9.8%25.5K-1.7M-3.7K0.0370.46N/AN/A378101,806395
2023-01-27$14.71$15.0058.5%16.8%44.3%17.3%59.9%6.2%-4.5%35.3K-1.8M-4.8K0.2367.43N/AN/A57132,191406
2023-01-30$14.29$15.0070.2%20.1%45.9%23.7%69.9%18.8%-14.6%34.4K-1.7M-4.5K0.9978.95N/AN/A1,3161,3042,227401
2023-01-31$12.93$15.0038.4%11.0%59.0%6.4%45.7%-8.3%2.4%40.9K298.0K-5.3K0.0973.90N/AN/A4,1003733,4991,644