HLIT Options History — July 2023

In July 2023, HLIT traded between $14.86 and $16.23. ATM implied volatility averaged 53.2%, placing in the 27.7% IV rank vs the trailing year. The 30-day expected move averaged 15.9%. IV traded above realized volatility by 23.3% (HV 20d: 29.9%). Max pain ranged from $15.00 to $20.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 4 of 20 days. Put/call ratio averaged 0.51.

Notable Days

  • 2023-07-31: Highest Volume — 815 contracts
  • 2023-07-14: Largest IV spike — 45.3% change
  • 2023-07-31: Highest IV Rank — 46.3%
  • 2023-07-31: Largest Expected Move — 20.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$15.58$14.86$16.23$16.23$14.86
Max Pain$18.25$15.00$20.00$15.00$17.50
ATM IV53.2%35.7%69.8%38.4%69.8%
Expected Move15.9%10.2%20.0%11.0%20.0%
HV 20d29.9%25.3%33.7%28.4%25.3%
HV 60d46.8%45.2%48.7%48.4%45.2%
IV Rank27.7%8.6%46.3%11.2%46.3%
IV Percentile61.5%9.9%91.3%18.3%91.3%
Term Structure-4.2%-20.0%45.6%7.5%-18.6%
VWIV56.8%40.1%71.0%41.5%71.0%
Skew 25d5.3%-1.9%12.8%-0.4%4.5%
Skew 10d11.1%2.4%32.0%13.7%17.6%
Call IV 25d54.9%34.9%71.9%34.9%71.9%
Put IV 25d60.2%34.5%76.4%34.5%76.4%
Bid-Ask Spread %67.8254.1784.7882.9458.63
Gamma HHI0.510.380.710.380.62
Net GEX145.5K81.7K229.5K159.5K87.7K
Net DEX-4.3M-5.6M-2.3M-5.3M-2.6M
Net VEX-29.4K-32.0K-24.8K-32.0K-25.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.510.002.300.000.17
Total Volume153.7581545815
Total OI8,528.47,1989,3018,5257,830

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-07-03$16.23$15.0038.4%11.0%28.4%11.2%41.5%-0.4%7.5%159.5K-5.3M-32.0K0.0082.94N/AN/A4507,679846
2023-07-05$15.88$15.0043.7%12.5%28.8%16.3%44.0%-1.9%1.2%170.4K-4.8M-30.8K0.5084.78N/AN/A64327,762846
2023-07-06$15.39$20.0039.9%14.6%29.6%12.6%60.3%5.8%-3.2%177.8K-4.1M-30.5K0.9060.90N/AN/A39357,811878
2023-07-07$15.73$20.0039.2%14.6%31.3%12.0%47.8%5.1%-0.0%176.0K-4.6M-30.6K0.0174.65N/AN/A18827,832893
2023-07-10$15.84$20.0042.5%15.0%31.5%15.1%0.0%7.4%16.0%174.3K-4.7M-30.9K0.0059.25N/AN/A507,955893
2023-07-11$16.01$20.0044.2%15.5%32.0%16.7%53.1%3.2%-6.3%171.7K-5.3M-31.5K0.0666.48N/AN/A216127,960893
2023-07-12$15.70$20.0054.0%15.5%32.3%26.2%48.3%6.9%-7.0%187.4K-4.7M-30.6K0.2068.28N/AN/A100208,117905
2023-07-13$16.01$20.0035.7%10.2%33.0%8.6%40.1%12.0%45.6%171.5K-5.6M-31.9K0.0179.86N/AN/A6918,210895
2023-07-14$15.61$20.0051.8%14.9%33.6%26.9%59.0%6.6%-8.3%198.6K-4.5M-30.0K0.9374.40N/AN/A44418,246896
2023-07-17$15.82$20.0056.8%16.3%33.7%32.2%56.1%3.5%-5.7%185.2K-5.1M-30.1K0.1871.56N/AN/A98188,227936
2023-07-18$15.59$17.5056.0%16.1%33.1%31.4%55.1%4.4%-5.5%203.8K-4.8M-29.2K0.0770.95N/AN/A6758,284930
2023-07-19$15.45$17.5057.2%16.4%32.0%32.8%67.5%5.6%-7.3%229.5K-4.9M-29.4K0.1769.18N/AN/A2448,341935
2023-07-20$15.75$17.5059.9%17.2%33.1%35.6%57.6%12.8%-13.6%107.4K-5.4M-29.4K2.2267.71N/AN/A23518,348938
2023-07-21$15.59$17.5057.1%16.4%32.2%32.6%59.1%2.3%-7.3%88.6K-5.2M-29.2K0.8367.91N/AN/A36308,362939
2023-07-24$15.57$17.5060.1%17.2%26.5%35.9%60.5%9.7%-11.2%92.2K-3.0M-27.6K0.9154.17N/AN/A77706,371827
2023-07-25$15.50$17.5061.9%17.7%25.7%37.8%61.8%5.4%-12.0%83.0K-3.1M-28.4K2.3062.21N/AN/A20466,442892
2023-07-26$15.13$17.5061.9%17.8%25.6%37.8%63.2%1.7%-11.7%82.0K-2.8M-26.9K0.3962.89N/AN/A114446,455922
2023-07-27$15.05$17.5067.4%19.3%25.6%43.7%65.8%5.0%-20.0%81.9K-2.9M-27.4K0.0864.66N/AN/A229196,519953
2023-07-28$14.93$17.5066.3%19.0%25.3%42.5%66.4%7.2%-16.3%81.7K-2.3M-24.8K0.2355.06N/AN/A301706,618982
2023-07-31$14.86$17.5069.8%20.0%25.3%46.3%71.0%4.5%-18.6%87.7K-2.6M-25.9K0.1758.63N/AN/A6951206,7821,048