HLIT Options History — February 2023

In February 2023, HLIT traded between $13.11 and $14.66. ATM implied volatility averaged 43.8%, placing in the 9.3% IV rank vs the trailing year. The 30-day expected move averaged 12.5%. IV traded below realized volatility by 13.8% (HV 20d: 57.6%). Max pain ranged from $10.00 to $15.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 10 of 19 days. Put/call ratio averaged 0.68.

Notable Days

2023-02-02: Highest Volume — 261 contracts
2023-02-27: Largest IV drop — 32.3% change
2023-02-01: Highest IV Rank — 14.1%
2023-02-06: Largest Expected Move — 15.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$13.81	$13.11	$14.66	$13.75	$13.32
Max Pain	$10.26	$10.00	$15.00	$15.00	$10.00
ATM IV	43.8%	35.5%	52.7%	52.7%	41.9%
Expected Move	12.5%	10.2%	15.8%	15.1%	12.0%
HV 20d	57.6%	54.2%	67.6%	63.0%	54.5%
HV 60d	54.3%	52.0%	57.2%	55.7%	52.0%
IV Rank	9.3%	4.8%	14.1%	14.1%	8.2%
IV Percentile	17.4%	1.6%	42.9%	42.1%	12.7%
Term Structure	1.8%	-6.4%	14.7%	3.9%	11.8%
VWIV	43.6%	39.0%	55.6%	45.3%	55.6%
Skew 25d	7.0%	-7.3%	71.3%	9.4%	4.7%
Skew 10d	32.4%	-10.4%	208.8%	-8.0%	29.5%
Call IV 25d	42.4%	36.2%	51.8%	42.2%	42.9%
Put IV 25d	49.4%	39.6%	118.1%	51.6%	47.5%
Bid-Ask Spread %	68.54	31.67	98.07	94.75	97.42
Gamma HHI	0.67	0.49	0.74	0.49	0.68
Net GEX	117.1K	61.5K	149.3K	61.5K	135.2K
Net DEX	-3.5M	-5.0M	-1.6M	-1.6M	-3.6M
Net VEX	-19.4K	-23.4K	-11.9K	-11.9K	-16.6K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.68	0.00	6.67	0.10	0.00
Total Volume	36.895	3	261	67	24
Total OI	8,499.789	6,361	9,224	6,361	7,516

Daily Data (19 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2023-02-01	$13.75	$15.00	52.7%	15.1%	63.0%	14.1%	45.3%	9.4%	3.9%	61.5K	-1.6M	-11.9K	0.10	94.75	N/A	N/A	61	6	4,823	1,538
2023-02-02	$14.66	$10.00	38.5%	11.2%	66.7%	6.4%	39.0%	8.2%	1.4%	100.4K	-5.0M	-23.4K	0.32	48.20	N/A	N/A	197	64	7,530	1,537
2023-02-03	$14.27	$10.00	45.6%	12.6%	67.6%	10.3%	40.6%	-6.5%	-0.4%	97.7K	-4.2M	-22.9K	0.26	86.60	N/A	N/A	50	13	7,620	1,543
2023-02-06	$14.27	$10.00	51.4%	15.8%	65.5%	13.4%	50.6%	2.5%	-6.2%	101.3K	-4.4M	-22.9K	0.10	80.00	N/A	N/A	41	4	7,610	1,552
2023-02-07	$14.16	$10.00	44.8%	11.7%	55.4%	9.8%	39.7%	2.4%	1.4%	106.1K	-3.8M	-22.2K	0.29	67.55	N/A	N/A	45	13	7,646	1,552
2023-02-08	$14.39	$10.00	39.6%	11.3%	55.7%	7.0%	39.6%	-0.3%	-0.0%	103.6K	-4.3M	-22.2K	0.00	64.36	N/A	N/A	7	0	7,641	1,542
2023-02-09	$14.16	$10.00	40.1%	11.5%	55.8%	7.3%	40.2%	-2.7%	-1.2%	103.8K	-3.9M	-21.8K	1.00	64.56	N/A	N/A	3	3	7,640	1,542
2023-02-10	$13.86	$10.00	49.8%	14.3%	55.5%	12.6%	0.0%	2.1%	0.7%	106.9K	-3.5M	-21.2K	0.00	98.07	N/A	N/A	12	0	7,639	1,542
2023-02-13	$14.05	$10.00	38.5%	11.0%	55.9%	6.4%	0.0%	4.2%	1.3%	111.4K	-3.4M	-20.3K	0.24	59.91	N/A	N/A	42	10	7,640	1,542
2023-02-14	$13.88	$10.00	38.6%	11.1%	56.0%	6.5%	42.0%	3.7%	2.9%	119.5K	-3.1M	-20.0K	0.00	37.73	N/A	N/A	0	6	7,672	1,552
2023-02-15	$14.00	$10.00	39.0%	11.2%	56.1%	6.6%	39.3%	3.8%	-0.2%	147.6K	-3.2M	-19.7K	0.00	45.81	N/A	N/A	9	0	7,672	1,546
2023-02-16	$13.91	$10.00	43.0%	12.3%	54.2%	8.8%	39.4%	-0.1%	-2.3%	149.3K	-3.0M	-19.5K	2.00	52.52	N/A	N/A	1	2	7,673	1,546
2023-02-17	$13.61	$10.00	40.3%	11.5%	54.5%	7.4%	0.0%	5.1%	14.7%	131.8K	-2.6M	-18.7K	0.50	52.18	N/A	N/A	8	4	7,674	1,547
2023-02-21	$13.11	$10.00	47.0%	13.5%	55.8%	11.0%	46.2%	-7.3%	-1.8%	121.7K	-3.4M	-17.1K	6.67	90.01	N/A	N/A	3	20	7,056	388
2023-02-22	$13.11	$10.00	44.0%	12.6%	55.7%	9.4%	47.7%	71.3%	6.2%	124.1K	-3.4M	-17.1K	0.05	96.47	N/A	N/A	20	1	7,061	413
2023-02-23	$13.39	$10.00	48.9%	14.0%	56.4%	12.1%	45.8%	17.2%	-1.4%	135.1K	-3.7M	-17.5K	0.00	31.67	N/A	N/A	14	0	7,079	414
2023-02-24	$13.23	$10.00	52.4%	15.0%	55.0%	14.0%	55.6%	14.8%	-6.4%	132.4K	-3.7M	-17.2K	0.00	91.84	N/A	N/A	0	6	7,090	414
2023-02-27	$13.30	$10.00	35.5%	10.2%	55.1%	4.8%	0.0%	0.9%	10.8%	134.9K	-3.4M	-16.4K	0.00	42.67	N/A	N/A	12	0	7,090	414
2023-02-28	$13.32	$10.00	41.9%	12.0%	54.5%	8.2%	0.0%	4.7%	11.8%	135.2K	-3.6M	-16.6K	0.00	97.42	N/A	N/A	24	0	7,102	414