HLIT Options History — August 2023

In August 2023, HLIT traded between $10.09 and $11.66. ATM implied volatility averaged 42.5%, placing in the 16.7% IV rank vs the trailing year. The 30-day expected move averaged 12.4%. IV traded below realized volatility by 45.7% (HV 20d: 88.3%). Max pain ranged from $10.00 to $17.50. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 13 of 23 days. Put/call ratio averaged 0.59.

Notable Days

  • 2023-08-01: Highest Volume — 8,523 contracts
  • 2023-08-02: Largest IV spike — 84.3% change
  • 2023-08-02: Highest IV Rank — 50.5%
  • 2023-08-02: Largest Expected Move — 21.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$10.57$10.09$11.66$11.66$10.73
Max Pain$10.65$10.00$17.50$17.50$10.00
ATM IV42.5%28.7%73.7%40.0%40.5%
Expected Move12.4%10.7%21.1%11.5%11.6%
HV 20d88.3%51.9%98.8%88.1%51.9%
HV 60d61.1%57.0%68.3%67.4%61.9%
IV Rank16.7%2.1%50.5%14.3%13.0%
IV Percentile34.3%0.8%94.0%25.8%29.0%
Term Structure0.1%-13.3%10.5%-4.7%3.3%
VWIV41.3%29.5%56.1%40.1%38.6%
Skew 25d5.7%-17.5%23.7%-5.8%5.1%
Skew 10d16.5%-26.5%76.5%-4.3%76.5%
Call IV 25d38.2%27.8%57.8%40.7%35.1%
Put IV 25d43.9%34.9%56.5%34.9%40.2%
Bid-Ask Spread %48.3913.4791.5124.3263.34
Gamma HHI0.260.220.690.690.23
Net GEX66.7K41.8K93.8K41.8K73.8K
Net DEX-1.3M-2.2M-163.7K-163.7K-1.7M
Net VEX-21.5K-30.9K-14.3K-14.3K-23.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.590.007.820.190.56
Total Volume575.391148,5238,52314
Total OI16,814.878,68617,9958,68617,397

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-08-01$11.66$17.5040.0%11.5%88.1%14.3%40.1%-5.8%-4.7%41.8K-163.7K-14.3K0.1924.32N/AN/A7,1781,3457,5211,165
2023-08-02$11.41$15.0073.7%21.1%88.1%50.5%56.1%-17.5%-13.3%93.8K-1.9M-30.9K0.1317.22N/AN/A3694814,3392,130
2023-08-03$10.79$12.5044.6%12.0%89.1%19.2%40.9%-0.4%-3.0%69.6K-1.1M-22.8K0.0673.96N/AN/A5543314,7101,749
2023-08-04$11.04$10.0028.7%13.0%89.1%2.1%44.5%4.9%3.8%88.3K-2.2M-27.9K0.0262.91N/AN/A328615,0691,741
2023-08-07$10.66$10.0038.4%12.4%88.8%12.5%44.5%-0.6%-0.9%66.7K-1.0M-21.5K0.1755.08N/AN/A1893315,0231,727
2023-08-08$10.29$10.0045.9%12.2%88.2%20.5%34.7%23.7%2.6%60.0K-911.7K-21.6K0.2424.52N/AN/A2225315,2031,716
2023-08-09$10.09$10.0042.8%12.3%88.2%17.2%42.8%7.9%-9.2%45.7K-756.9K-19.6K1.3967.91N/AN/A182515,4041,700
2023-08-10$10.86$10.0043.4%12.4%93.5%17.9%44.2%-0.6%1.6%85.7K-1.5M-24.3K0.0640.80N/AN/A2301315,4141,706
2023-08-11$10.41$10.0040.4%11.6%93.9%14.7%41.3%-3.4%1.8%64.2K-1.1M-21.8K0.2733.01N/AN/A3489515,4291,716
2023-08-14$10.71$10.0045.1%12.9%94.7%19.7%45.0%3.4%-0.3%74.1K-1.3M-20.8K0.4931.45N/AN/A23011215,7151,798
2023-08-15$10.39$10.0042.2%12.1%94.8%16.6%42.2%-5.5%9.9%72.4K-1.4M-22.8K0.0770.64N/AN/A59415,9431,904
2023-08-16$10.13$10.0039.2%11.2%94.7%13.4%39.2%9.7%10.5%64.7K-1.1M-20.0K1.4452.17N/AN/A20529516,0021,894
2023-08-17$10.18$10.0040.8%11.7%94.0%15.1%40.5%10.5%1.9%66.0K-1.6M-21.6K0.0032.95N/AN/A181016,0211,841
2023-08-18$10.71$10.0042.9%12.3%97.5%17.4%41.3%15.1%-5.9%82.5K-1.9M-24.7K0.0985.25N/AN/A1281216,1591,836
2023-08-21$10.52$10.0041.6%11.9%97.3%15.9%29.5%14.5%1.5%68.1K-1.4M-20.5K0.0091.51N/AN/A86015,2291,785
2023-08-22$10.61$10.0043.5%12.5%97.6%18.0%43.3%12.7%-1.5%78.2K-1.8M-24.1K0.0713.47N/AN/A122815,2651,785
2023-08-23$10.54$10.0043.4%12.4%97.7%17.9%39.4%10.4%-2.4%73.0K-1.8M-23.4K0.0360.03N/AN/A37115,2361,785
2023-08-24$10.14$10.0041.1%11.8%97.8%15.5%41.1%7.2%0.2%48.9K-812.5K-17.1K0.0715.27N/AN/A75515,2581,785
2023-08-25$10.09$10.0041.0%11.8%97.9%15.3%41.3%18.7%1.3%52.1K-824.3K-17.0K0.2430.58N/AN/A421015,2631,782
2023-08-28$10.29$10.0042.4%12.2%98.8%15.1%42.4%11.8%-0.2%50.2K-825.1K-15.6K0.0359.05N/AN/A29115,2951,787
2023-08-29$10.18$10.0037.3%10.7%52.4%9.5%37.3%2.9%3.3%43.8K-665.0K-15.4K7.8246.22N/AN/A4535215,2951,788
2023-08-30$10.68$10.0039.2%11.2%55.5%11.7%38.9%6.7%2.0%69.5K-1.6M-22.4K0.1761.39N/AN/A801415,3292,103
2023-08-31$10.73$10.0040.5%11.6%51.9%13.0%38.6%5.1%3.3%73.8K-1.7M-23.2K0.5663.34N/AN/A9515,3092,088