HLIT Options History — November 2023

In November 2023, HLIT traded between $10.38 and $11.14. ATM implied volatility averaged 46.8%, placing in the 21.1% IV rank vs the trailing year. The 30-day expected move averaged 13.7%. IV traded below realized volatility by 9.4% (HV 20d: 56.3%). Max pain ranged from $7.50 to $10.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 5 of 21 days. Put/call ratio averaged 0.30.

Notable Days

  • 2023-11-07: Highest Volume — 1,488 contracts
  • 2023-11-08: Largest IV spike — 47.6% change
  • 2023-11-01: Highest IV Rank — 33.6%
  • 2023-11-01: Largest Expected Move — 16.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$10.87$10.38$11.14$10.50$11.02
Max Pain$9.64$7.50$10.00$10.00$10.00
ATM IV46.8%34.1%58.5%58.5%34.2%
Expected Move13.7%9.8%16.8%16.8%9.8%
HV 20d56.3%31.8%70.3%69.0%31.8%
HV 60d47.4%45.8%50.5%50.5%45.8%
IV Rank21.1%7.3%33.6%33.6%7.4%
IV Percentile56.9%8.7%82.9%82.9%9.1%
Term Structure0.6%-6.4%38.7%-6.4%3.4%
VWIV47.6%31.1%58.7%58.7%31.1%
Skew 25d5.4%-3.0%21.8%-3.0%13.6%
Skew 10d16.0%-7.1%120.9%-2.6%3.7%
Call IV 25d44.2%29.1%62.1%62.1%31.0%
Put IV 25d49.6%42.2%59.1%59.1%44.6%
Bid-Ask Spread %51.4012.1088.3557.7847.31
Gamma HHI0.400.340.460.350.41
Net GEX193.9K160.0K225.4K174.4K167.4K
Net DEX-3.5M-4.5M-2.7M-3.6M-2.7M
Net VEX-17.0K-22.3K-11.6K-19.8K-11.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.300.002.000.110.20
Total Volume149.33331,4887212
Total OI19,461.66718,66420,11019,56018,915

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-11-01$10.50$10.0058.5%16.8%69.0%33.6%58.7%-3.0%-6.4%174.4K-3.6M-19.8K0.1157.78N/AN/A65718,623937
2023-11-02$10.38$7.5047.9%14.4%68.6%22.2%53.2%6.9%-1.3%160.0K-3.3M-18.1K1.4437.27N/AN/A91318,660893
2023-11-03$10.91$7.5053.6%14.9%70.3%28.3%47.2%4.0%-1.7%204.9K-4.4M-22.3K0.0112.10N/AN/A120118,652900
2023-11-06$11.00$7.5052.3%15.2%70.0%26.9%54.1%6.9%-2.8%211.6K-4.5M-22.0K0.0748.52N/AN/A2181518,628900
2023-11-07$10.96$10.0034.1%14.8%69.6%7.3%48.6%3.0%-1.9%206.2K-4.2M-20.3K0.0139.79N/AN/A1,4781018,496908
2023-11-08$10.84$10.0050.3%14.4%69.6%24.8%47.1%6.9%-0.4%199.1K-3.8M-19.1K0.0544.25N/AN/A60319,197908
2023-11-09$10.61$10.0050.2%14.4%64.8%24.7%47.7%18.2%-4.1%181.1K-3.2M-17.4K0.2942.60N/AN/A1353919,183905
2023-11-10$10.68$10.0047.6%13.7%61.9%21.9%49.5%-0.5%0.1%179.2K-3.2M-17.1K2.0030.93N/AN/A81619,168930
2023-11-13$10.64$10.0049.0%14.1%54.5%23.4%0.0%1.0%-0.9%176.1K-3.1M-16.2K0.0041.77N/AN/A3019,171939
2023-11-14$11.11$10.0050.2%14.4%56.5%24.7%42.9%5.5%-5.0%225.4K-4.1M-18.3K0.5372.26N/AN/A341819,169939
2023-11-15$11.00$10.0048.7%14.0%56.4%23.1%43.8%4.9%-1.5%209.2K-3.7M-16.9K0.7240.94N/AN/A292119,138939
2023-11-16$10.77$10.0047.3%13.5%55.3%21.5%47.1%0.3%2.0%186.7K-3.2M-16.1K0.3381.61N/AN/A3119,148922
2023-11-17$11.07$10.0039.9%11.4%52.9%13.6%46.8%-2.0%6.6%206.2K-3.5M-16.6K0.1567.35N/AN/A3625419,149921
2023-11-20$10.91$10.0046.9%13.4%52.4%21.1%45.7%0.6%-1.0%195.8K-3.0M-14.9K0.4049.41N/AN/A1566318,023641
2023-11-21$10.91$10.0047.6%13.6%50.1%21.9%50.7%-2.6%-2.1%193.0K-2.9M-14.9K0.0084.63N/AN/A8018,089701
2023-11-22$10.96$10.0049.4%14.2%50.1%23.8%0.0%4.6%-4.2%200.1K-3.1M-15.0K0.0034.58N/AN/A3018,086701
2023-11-24$10.98$10.0045.4%13.0%49.7%19.5%0.0%-2.6%-1.2%197.2K-2.9M-13.8K0.0060.99N/AN/A14018,086701
2023-11-27$10.96$10.0048.4%13.9%47.7%22.7%31.1%12.3%-3.5%188.8K-2.7M-12.5K0.0037.37N/AN/A23018,086701
2023-11-28$10.84$10.0042.2%12.1%47.8%16.1%0.0%21.8%38.7%207.2K-4.2M-19.4K0.0059.58N/AN/A85018,086701
2023-11-29$11.14$10.0039.8%11.4%33.0%13.5%0.0%13.1%-0.2%202.9K-3.2M-14.8K0.0088.35N/AN/A50018,154701
2023-11-30$11.02$10.0034.2%9.8%31.8%7.4%0.0%13.6%3.4%167.4K-2.7M-11.6K0.2047.31N/AN/A10218,214701