HLIT Options History — December 2023

In December 2023, HLIT traded between $10.16 and $13.09. ATM implied volatility averaged 51.4%, placing in the 26.0% IV rank vs the trailing year. The 30-day expected move averaged 13.7%. IV traded above realized volatility by 13.6% (HV 20d: 37.9%). 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 20 of 20 days. Put/call ratio averaged 10.53.

Notable Days

  • 2023-12-29: Highest Volume — 2,910 contracts
  • 2023-12-04: Largest IV spike — 100.5% change
  • 2023-12-04: Highest IV Rank — 54.8%
  • 2023-12-05: Largest Expected Move — 18.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$11.31$10.16$13.09$11.13$13.09
Max Pain$10.00$10.00$10.00$10.00$10.00
ATM IV51.4%39.0%78.1%39.0%45.1%
Expected Move13.7%11.2%18.1%11.2%12.9%
HV 20d37.9%28.6%42.1%31.4%41.7%
HV 60d48.3%45.8%49.4%45.8%49.3%
IV Rank26.0%12.5%54.8%12.5%19.2%
IV Percentile64.1%27.0%96.0%27.0%54.0%
Term Structure10.4%1.3%18.9%2.0%18.9%
VWIV49.1%40.4%64.7%40.6%48.2%
Skew 25d7.6%-6.2%22.4%9.7%3.9%
Skew 10d15.2%-13.1%52.7%9.1%22.5%
Call IV 25d44.8%30.8%57.3%30.8%48.7%
Put IV 25d52.4%40.6%67.9%40.6%52.5%
Bid-Ask Spread %65.3124.83108.0241.7662.59
Gamma HHI0.440.320.500.390.50
Net GEX149.5K55.7K304.6K208.9K304.6K
Net DEX-2.9M-6.0M-819.4K-3.8M-6.0M
Net VEX-10.9K-17.5K-7.3K-17.5K-11.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio10.530.00200.400.060.01
Total Volume332.9312,910352,910
Total OI18,610.117,21721,15218,91617,607

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-12-01$11.13$10.0039.0%11.2%31.4%12.5%40.6%9.7%2.0%208.9K-3.8M-17.5K0.0641.76N/AN/A33218,214702
2023-12-04$10.79$10.0078.1%12.4%28.6%54.8%0.0%9.8%12.8%177.6K-2.7M-11.9K0.48108.02N/AN/A211018,194700
2023-12-05$10.16$10.0068.4%18.1%35.3%44.3%64.7%16.6%2.3%100.8K-1.7M-10.5K0.60105.02N/AN/A301818,195710
2023-12-06$10.18$10.0071.9%11.6%35.4%48.1%40.4%2.8%18.7%84.5K-1.3M-7.3K0.1598.23N/AN/A34518,223727
2023-12-07$10.32$10.0040.2%11.5%35.8%13.9%47.3%13.2%1.3%88.9K-1.4M-7.4K2.00104.87N/AN/A112218,193728
2023-12-08$10.50$10.0039.5%13.9%35.7%13.1%48.6%3.2%4.2%106.6K-1.8M-9.1K200.4090.40N/AN/A51,00218,192750
2023-12-11$10.57$10.0051.8%14.1%35.7%26.4%49.1%3.0%7.8%91.2K-1.6M-9.6K3.7166.06N/AN/A72618,1921,427
2023-12-12$10.16$10.0057.2%13.4%38.3%32.2%46.7%-6.2%3.0%55.7K-819.4K-8.4K0.3371.50N/AN/A401318,1971,747
2023-12-13$10.46$10.0049.6%14.2%36.4%24.1%49.6%21.4%11.1%70.7K-1.3M-9.4K0.7185.03N/AN/A71350418,2371,750
2023-12-14$10.84$10.0051.7%14.8%38.7%26.3%50.4%3.5%9.5%79.9K-2.4M-10.7K0.2787.05N/AN/A822218,8712,250
2023-12-15$11.00$10.0049.0%14.0%38.3%23.4%47.9%2.3%13.2%89.4K-2.7M-10.8K0.0278.20N/AN/A86218,9022,250
2023-12-18$11.11$10.0048.6%13.9%37.2%23.0%48.3%0.9%13.2%90.4K-1.8M-9.8K0.3424.93N/AN/A822815,0482,169
2023-12-19$11.41$10.0043.7%12.5%37.9%17.7%45.7%4.6%13.5%108.0K-2.2M-9.7K0.5760.96N/AN/A563215,0852,171
2023-12-20$11.91$10.0047.5%13.6%40.5%21.8%51.1%13.2%11.7%163.3K-3.3M-11.4K0.0547.55N/AN/A2421115,1282,162
2023-12-21$12.34$10.0049.1%14.1%42.0%23.5%53.6%-1.2%13.6%215.0K-4.4M-13.1K0.0324.83N/AN/A146415,2162,168
2023-12-22$12.32$10.0049.1%14.1%42.1%23.5%49.3%2.1%16.8%208.2K-4.3M-12.8K0.0044.46N/AN/A154015,2572,168
2023-12-26$12.52$10.0049.7%14.3%42.1%24.2%43.3%21.9%11.6%234.5K-4.8M-12.1K0.6832.34N/AN/A533615,3412,168
2023-12-27$12.48$10.0050.8%14.6%41.8%25.3%50.9%22.4%6.6%234.2K-4.8M-12.0K0.0332.81N/AN/A102315,3522,188
2023-12-28$12.89$10.0048.5%13.9%42.1%22.8%58.0%5.5%16.5%277.9K-5.6M-12.0K0.1039.58N/AN/A1011015,4352,188
2023-12-29$13.09$10.0045.1%12.9%41.7%19.2%48.2%3.9%18.9%304.6K-6.0M-11.4K0.0162.59N/AN/A2,8822815,4072,200