HLIT Options History — April 2023

In April 2023, HLIT traded between $13.75 and $15.79. ATM implied volatility averaged 49.8%, placing in the 20.1% IV rank vs the trailing year. The 30-day expected move averaged 14.9%. IV traded above realized volatility by 5.8% (HV 20d: 44.0%). Max pain ranged from $12.50 to $15.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 4 of 19 days. Put/call ratio averaged 0.23.

Notable Days

  • 2023-04-27: Highest Volume — 947 contracts
  • 2023-04-12: Largest IV spike — 31.8% change
  • 2023-04-27: Highest IV Rank — 46.7%
  • 2023-04-27: Largest Expected Move — 21.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$14.76$13.75$15.79$14.48$14.07
Max Pain$14.21$12.50$15.00$12.50$15.00
ATM IV49.8%29.7%75.3%33.5%75.0%
Expected Move14.9%8.5%21.6%9.6%21.5%
HV 20d44.0%36.2%51.5%51.5%37.4%
HV 60d47.3%41.7%50.8%50.8%41.7%
IV Rank20.1%1.6%46.7%3.7%46.4%
IV Percentile42.0%0.4%93.7%0.8%93.3%
Term Structure-7.4%-29.4%14.6%14.3%-24.4%
VWIV50.9%33.2%70.6%37.5%70.6%
Skew 25d4.6%-12.0%19.0%7.8%-0.1%
Skew 10d11.0%-18.2%31.3%12.1%4.1%
Call IV 25d51.4%34.9%77.9%37.8%77.9%
Put IV 25d55.9%26.3%77.8%45.7%77.8%
Bid-Ask Spread %88.0662.91102.2484.1293.84
Gamma HHI0.810.650.890.650.89
Net GEX151.1K120.6K201.1K151.0K201.1K
Net DEX-5.8M-7.5M-3.3M-5.6M-4.8M
Net VEX-17.1K-19.6K-16.3K-17.2K-19.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.230.001.110.210.00
Total Volume220.895394717104
Total OI7,410.6326,2268,8347,2768,834

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-04-03$14.48$12.5033.5%9.6%51.5%3.7%37.5%7.8%14.3%151.0K-5.6M-17.2K0.2184.12N/AN/A1436,996280
2023-04-04$14.50$12.5033.3%9.5%50.9%3.6%36.0%10.7%13.6%150.6K-5.8M-17.3K0.1288.97N/AN/A81106,993280
2023-04-05$14.61$12.5029.7%8.5%50.1%1.6%0.0%-9.0%14.6%142.0K-5.7M-17.2K0.0089.21N/AN/A307,034290
2023-04-06$14.66$15.0032.6%13.7%46.2%3.2%33.2%5.5%-6.3%143.3K-5.9M-17.3K0.05102.24N/AN/A191107,037290
2023-04-10$15.66$12.5034.8%13.3%49.7%4.4%43.9%11.7%-0.0%151.2K-7.4M-17.3K0.0297.31N/AN/A26067,054300
2023-04-11$15.48$12.5036.9%14.7%49.5%5.5%52.3%-4.5%-8.2%164.0K-7.5M-16.4K0.0584.71N/AN/A16187,045306
2023-04-12$15.52$12.5048.6%13.9%49.6%11.9%46.4%7.8%-2.6%153.4K-7.1M-17.3K0.1291.04N/AN/A144177,099323
2023-04-13$15.64$15.0049.7%14.2%49.5%12.5%0.0%7.7%-24.7%155.4K-7.3M-17.5K0.9288.02N/AN/A13127,131338
2023-04-14$15.79$15.0051.0%14.6%49.5%20.6%50.3%1.8%-18.6%153.5K-7.5M-17.1K0.2393.07N/AN/A88207,131346
2023-04-17$15.63$15.0052.3%15.0%48.6%24.5%51.8%10.2%-2.2%154.0K-7.3M-17.1K0.3280.45N/AN/A81267,127364
2023-04-18$15.54$15.0052.0%14.9%46.2%24.3%52.6%-6.0%-3.3%153.0K-7.1M-17.2K0.0088.04N/AN/A11707,167375
2023-04-19$14.64$15.0053.4%15.3%37.3%25.6%54.3%4.4%-8.8%154.7K-6.0M-16.7K1.1184.22N/AN/A1331477,255375
2023-04-20$14.32$15.0048.8%14.0%36.2%21.2%48.0%15.3%1.4%147.5K-5.3M-16.7K0.3297.08N/AN/A34117,375486
2023-04-21$14.21$15.0051.3%14.7%36.3%23.6%51.0%14.5%-4.0%128.5K-5.2M-16.5K0.7194.93N/AN/A24177,379485
2023-04-24$14.27$15.0056.4%16.2%36.2%28.5%54.6%19.0%-3.8%131.5K-3.5M-16.6K0.1271.87N/AN/A181215,854372
2023-04-25$13.96$15.0062.7%18.0%37.1%34.5%62.5%1.6%-23.4%120.6K-3.3M-16.3K0.0384.80N/AN/A480155,978378
2023-04-26$13.77$15.0069.1%19.8%37.1%40.7%69.2%0.7%-24.7%150.7K-3.7M-16.5K0.0362.91N/AN/A793256,440382
2023-04-27$13.75$15.0075.3%21.6%37.1%46.7%70.6%-12.0%-29.4%164.6K-3.8M-17.7K0.0796.36N/AN/A883647,521382
2023-04-28$14.07$15.0075.0%21.5%37.4%46.4%0.0%-0.1%-24.4%201.1K-4.8M-19.6K0.0093.84N/AN/A10408,389445