HLIT Options History — June 2023

In June 2023, HLIT traded between $16.11 and $18.36. ATM implied volatility averaged 38.1%, placing in the 10.9% IV rank vs the trailing year. The 30-day expected move averaged 10.7%. IV traded above realized volatility by 6.2% (HV 20d: 31.9%). Max pain ranged from $12.50 to $15.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 19 of 21 days. Put/call ratio averaged 0.38.

Notable Days

  • 2023-06-23: Highest Volume — 271 contracts
  • 2023-06-27: Largest IV spike — 21.8% change
  • 2023-06-27: Highest IV Rank — 17.4%
  • 2023-06-09: Largest Expected Move — 14.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.50$16.11$18.36$17.45$16.16
Max Pain$14.76$12.50$15.00$12.50$15.00
ATM IV38.1%30.9%44.9%37.0%37.8%
Expected Move10.7%8.9%14.5%10.6%10.8%
HV 20d31.9%18.7%65.9%65.8%29.2%
HV 60d49.7%46.1%53.6%53.6%48.4%
IV Rank10.9%4.0%17.4%9.9%10.6%
IV Percentile16.9%2.8%39.7%10.3%17.1%
Term Structure6.9%-5.6%32.5%-2.0%6.1%
VWIV37.6%31.2%59.1%33.9%32.5%
Skew 25d1.9%-4.0%8.8%6.0%1.5%
Skew 10d9.9%-7.6%47.3%9.5%12.3%
Call IV 25d35.7%32.3%40.6%32.9%33.1%
Put IV 25d37.6%31.0%47.7%38.8%34.6%
Bid-Ask Spread %67.2130.0792.0689.5065.35
Gamma HHI0.410.370.510.370.38
Net GEX155.0K130.8K190.8K164.4K159.7K
Net DEX-7.7M-9.1M-5.1M-8.0M-5.2M
Net VEX-35.4K-37.7K-32.5K-36.4K-32.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.380.003.840.000.00
Total Volume80.429132712313
Total OI8,231.6677,7888,5328,1698,524

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-06-01$17.45$12.5037.0%10.6%65.8%9.9%0.0%6.0%-2.0%164.4K-8.0M-36.4K0.0089.50N/AN/A2307,799370
2023-06-02$17.74$12.5033.9%9.7%65.9%6.9%33.9%0.2%8.4%166.9K-8.2M-37.7K0.0484.18N/AN/A4927,801370
2023-06-05$17.80$15.0039.1%10.2%65.5%11.8%36.2%-1.2%4.3%161.0K-8.4M-36.6K0.0176.04N/AN/A12017,776372
2023-06-06$17.98$15.0043.4%10.5%65.4%16.0%36.1%2.9%7.8%163.3K-8.6M-36.9K0.0381.51N/AN/A8637,837373
2023-06-07$17.99$15.0039.6%9.8%21.7%12.3%34.7%-2.3%7.1%157.1K-8.9M-36.3K0.1853.76N/AN/A118217,848376
2023-06-08$18.05$15.0038.3%10.6%20.6%11.1%37.2%7.0%4.0%162.1K-8.8M-36.5K0.7357.62N/AN/A30227,845383
2023-06-09$18.05$15.0038.8%14.5%19.9%11.6%59.1%8.8%1.9%171.7K-8.6M-37.1K0.0060.06N/AN/A14007,875403
2023-06-12$17.96$15.0036.1%10.1%19.5%9.0%39.5%3.5%2.7%161.9K-8.8M-36.0K0.7751.42N/AN/A31247,879403
2023-06-13$18.18$15.0043.4%10.0%19.1%16.0%35.0%1.2%7.6%156.9K-9.0M-36.0K0.4158.35N/AN/A44187,860401
2023-06-14$18.19$15.0035.2%10.1%18.7%8.1%34.6%-0.5%5.1%153.2K-9.1M-35.7K0.0390.97N/AN/A3817,877402
2023-06-15$17.73$15.0030.9%8.9%21.6%4.0%31.2%3.4%4.6%190.8K-8.5M-35.5K0.8530.07N/AN/A73627,890403
2023-06-16$17.95$15.0032.6%9.3%21.3%5.6%32.6%-0.8%10.4%138.5K-8.8M-35.9K0.3649.60N/AN/A47177,911460
2023-06-20$18.23$15.0035.9%10.3%21.6%8.8%36.5%-3.6%-5.6%130.8K-8.5M-35.3K0.1874.06N/AN/A84157,412376
2023-06-21$18.36$15.0036.5%10.5%19.6%9.3%37.0%-2.1%11.6%133.5K-8.6M-35.3K0.0043.06N/AN/A5607,441391
2023-06-22$17.86$15.0036.4%10.4%22.9%9.2%36.4%-4.0%7.4%140.7K-8.0M-35.6K0.0054.46N/AN/A5407,495391
2023-06-23$16.89$15.0039.0%11.2%31.2%11.8%39.0%5.9%6.4%137.5K-6.7M-34.9K3.8488.08N/AN/A562157,509591
2023-06-26$16.52$15.0036.9%10.6%31.2%9.7%37.0%-2.4%19.0%147.8K-5.7M-34.3K0.0277.41N/AN/A5517,529839
2023-06-27$16.12$15.0044.9%12.9%31.3%17.4%43.5%5.7%1.9%146.6K-5.1M-32.8K0.3956.67N/AN/A51207,578839
2023-06-28$16.11$15.0043.9%12.6%29.0%16.4%39.9%5.9%32.5%154.8K-5.1M-32.5K0.0692.06N/AN/A4837,662842
2023-06-29$16.23$15.0041.0%11.8%29.2%13.7%39.4%5.1%4.3%155.5K-5.3M-33.8K0.0477.27N/AN/A4627,688844
2023-06-30$16.16$15.0037.8%10.8%29.2%10.6%32.5%1.5%6.1%159.7K-5.2M-32.5K0.0065.35N/AN/A1307,678846