HLIT Options History — September 2023

In September 2023, HLIT traded between $9.38 and $10.61. ATM implied volatility averaged 39.5%, placing in the 12.0% IV rank vs the trailing year. The 30-day expected move averaged 11.2%. IV traded above realized volatility by 3.7% (HV 20d: 35.8%). Max pain ranged from $10.00 to $10.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 19 of 20 days. Put/call ratio averaged 1.33.

Notable Days

  • 2023-09-18: Highest Volume — 9,456 contracts
  • 2023-09-25: Largest IV spike — 28.1% change
  • 2023-09-12: Highest IV Rank — 18.2%
  • 2023-09-21: Largest Expected Move — 12.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.83$9.38$10.61$10.61$9.61
Max Pain$10.00$10.00$10.00$10.00$10.00
ATM IV39.5%32.5%45.2%38.6%37.9%
Expected Move11.2%9.3%12.1%11.1%10.9%
HV 20d35.8%23.6%51.3%51.3%24.7%
HV 60d61.5%61.0%62.0%61.9%61.3%
IV Rank12.0%4.3%18.2%11.0%10.1%
IV Percentile27.1%3.6%51.6%21.0%18.3%
Term Structure11.6%-0.0%20.1%1.6%13.0%
VWIV39.4%36.6%41.9%41.9%37.9%
Skew 25d2.6%-10.4%20.1%2.5%0.8%
Skew 10d6.5%-19.6%56.8%56.8%-1.8%
Call IV 25d39.8%27.9%46.3%36.6%40.6%
Put IV 25d42.4%34.4%60.3%39.1%41.3%
Bid-Ask Spread %46.528.5997.7689.6181.18
Gamma HHI0.420.220.650.220.64
Net GEX84.7K3.6K173.6K67.7K173.6K
Net DEX-865.0K-1.8M226.6K-1.8M-1.4M
Net VEX-14.5K-23.7K-11.4K-23.7K-13.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.330.0011.0010.000.00
Total Volume539.219,45622513
Total OI16,661.0515,82217,56617,39715,822

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-09-01$10.61$10.0038.6%11.1%51.3%11.0%0.0%2.5%1.6%67.7K-1.8M-23.7K10.0089.61N/AN/A22015,3092,088
2023-09-05$10.32$10.0041.9%11.4%50.8%14.6%0.0%-4.1%9.8%49.2K-1.1M-20.1K0.0039.32N/AN/A0515,3092,108
2023-09-06$10.36$10.0040.6%11.8%49.2%13.1%41.9%-3.5%11.7%42.8K-801.9K-16.9K0.5017.34N/AN/A201015,3092,108
2023-09-07$10.25$10.0040.6%11.6%48.8%13.2%40.6%-3.8%12.6%39.3K-722.0K-16.0K0.2520.34N/AN/A8215,3292,102
2023-09-08$10.18$10.0036.0%11.2%40.6%8.2%0.0%-5.8%13.2%36.9K-571.9K-15.2K0.0132.24N/AN/A100115,3322,102
2023-09-11$10.04$10.0038.6%10.6%38.1%10.9%37.0%11.0%12.6%41.0K-675.7K-17.3K0.1660.08N/AN/A32515,3642,103
2023-09-12$9.84$10.0045.2%10.9%36.9%18.2%40.1%12.2%14.2%28.6K-168.7K-13.0K0.1963.81N/AN/A571115,3912,103
2023-09-13$9.64$10.0036.4%10.4%36.1%8.6%36.6%-10.4%3.9%13.5K226.6K-12.1K0.7124.02N/AN/A584115,3842,104
2023-09-14$9.84$10.0039.0%11.2%36.1%11.4%38.9%3.0%-0.0%27.4K96.7K-11.4K0.1120.62N/AN/A1852015,4262,140
2023-09-15$9.75$10.0037.2%10.7%36.2%9.5%37.2%14.0%5.2%3.6K157.7K-12.0K11.0033.47N/AN/A11115,4042,142
2023-09-18$9.89$10.0039.3%11.3%31.0%11.7%39.3%6.4%12.8%12.9K-275.7K-14.3K0.008.59N/AN/A9,452413,8961,937
2023-09-19$9.68$10.0040.2%11.5%31.3%12.7%40.2%2.8%11.9%150.6K-1.8M-15.6K0.1018.94N/AN/A10113,9171,940
2023-09-20$9.57$10.0039.1%11.2%31.0%11.5%39.0%2.8%14.8%147.3K-1.5M-13.8K0.1774.55N/AN/A12213,9161,940
2023-09-21$9.63$10.0042.4%12.1%31.3%15.1%39.1%0.2%5.1%143.6K-1.6M-14.1K0.6684.18N/AN/A382513,9111,941
2023-09-22$9.45$10.0032.5%9.3%29.1%4.3%0.0%20.1%20.1%143.1K-1.1M-13.1K0.4397.76N/AN/A231013,9151,933
2023-09-25$9.64$10.0041.7%12.0%30.2%14.4%41.7%5.8%17.6%154.6K-1.6M-14.1K0.0063.95N/AN/A29013,9331,929
2023-09-26$9.39$10.0040.7%11.7%30.2%13.3%40.7%-1.0%19.1%136.2K-865.9K-11.7K0.2368.87N/AN/A13313,9451,929
2023-09-27$9.38$10.0041.5%11.9%30.2%14.1%41.5%-1.0%17.3%137.4K-838.0K-11.8K0.7413.56N/AN/A342513,9531,929
2023-09-28$9.45$10.0040.7%11.7%23.6%13.2%0.0%-0.6%15.7%143.9K-896.1K-11.6K0.0017.89N/AN/A1013,9551,923
2023-09-29$9.61$10.0037.9%10.9%24.7%10.1%37.9%0.8%13.0%173.6K-1.4M-13.3K0.0081.18N/AN/A513013,9561,866