HLIT Options History — January 2024

In January 2024, HLIT traded between $11.18 and $13.23. ATM implied volatility averaged 62.2%, placing in the 37.7% IV rank vs the trailing year. The 30-day expected move averaged 18.6%. IV traded above realized volatility by 8.8% (HV 20d: 53.5%). Max pain ranged from $10.00 to $12.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 5 of 21 days. Put/call ratio averaged 6.08.

Notable Days

  • 2024-01-29: Highest Volume — 2,660 contracts
  • 2024-01-30: Largest IV drop — 44.6% change
  • 2024-01-29: Highest IV Rank — 65.6%
  • 2024-01-29: Largest Expected Move — 25.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$11.99$11.18$13.23$13.23$11.73
Max Pain$10.12$10.00$12.50$10.00$10.00
ATM IV62.2%41.5%88.0%46.4%41.5%
Expected Move18.6%11.9%25.2%13.3%11.9%
HV 20d53.5%41.7%57.7%41.7%51.4%
HV 60d49.3%42.7%55.5%49.0%42.7%
IV Rank37.7%15.3%65.6%20.5%15.3%
IV Percentile79.9%39.3%98.0%57.1%39.3%
Term Structure-7.9%-27.3%17.0%17.0%3.0%
VWIV67.0%41.3%92.6%46.3%45.9%
Skew 25d4.5%-16.8%16.2%16.2%-9.4%
Skew 10d20.2%-18.0%56.7%54.1%-13.4%
Call IV 25d63.9%33.1%88.5%33.1%41.5%
Put IV 25d68.3%32.1%95.8%49.3%32.1%
Bid-Ask Spread %54.0216.9173.5972.7872.34
Gamma HHI0.420.290.650.490.29
Net GEX112.4K7.1K301.0K301.0K34.0K
Net DEX-2.0M-5.9M-374.2K-5.9M-820.4K
Net VEX-9.6K-12.7K-7.1K-12.7K-7.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio6.080.0075.000.0010.54
Total Volume556.286282,660884473
Total OI14,505.7146,33720,64117,9478,777

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-01-02$13.23$10.0046.4%13.3%41.7%20.5%46.3%16.2%17.0%301.0K-5.9M-12.7K0.0072.78N/AN/A880415,7312,216
2024-01-03$11.86$10.0050.1%14.4%57.7%24.6%49.9%11.7%13.9%116.4K-2.9M-9.2K0.0265.43N/AN/A4821215,5882,220
2024-01-04$12.57$10.0049.3%18.0%55.3%23.7%62.6%6.3%-6.7%199.1K-4.3M-10.2K0.3067.12N/AN/A401215,9092,225
2024-01-05$12.52$10.0048.5%18.7%55.5%22.8%68.0%3.3%-7.8%189.9K-3.0M-10.0K0.0066.51N/AN/A1,104014,9192,227
2024-01-08$12.77$10.0050.6%18.8%55.6%25.1%64.9%5.0%-16.3%239.5K-3.9M-12.0K0.0031.73N/AN/A175015,9162,227
2024-01-09$12.75$10.0053.8%18.9%55.7%28.6%65.3%7.2%-10.1%234.2K-3.8M-11.6K0.0065.72N/AN/A769016,0792,227
2024-01-10$12.36$10.0064.1%18.4%57.5%39.8%41.3%7.7%-7.4%192.1K-3.0M-11.1K0.0019.29N/AN/A129016,5462,227
2024-01-11$12.21$10.0055.4%15.9%55.3%30.3%70.6%4.2%5.6%189.7K-2.5M-9.9K3.0060.77N/AN/A72116,5662,227
2024-01-12$12.18$10.0064.5%18.5%54.9%40.1%0.0%5.3%-8.6%207.4K-2.5M-9.7K0.0066.55N/AN/A141016,5652,247
2024-01-16$11.93$10.0056.1%16.1%54.8%31.1%76.5%5.0%-0.5%162.9K-1.7M-8.5K75.0072.47N/AN/A201,50016,6282,247
2024-01-17$11.95$10.0070.1%20.1%54.7%46.2%79.3%6.0%-23.6%159.4K-1.5M-9.1K7.7516.91N/AN/A3627916,6423,367
2024-01-18$11.82$10.0070.8%20.3%54.9%46.9%74.1%6.9%-9.4%15.7K-1.0M-9.4K2.3358.84N/AN/A92116,6513,982
2024-01-19$11.50$10.0071.7%20.6%55.1%47.9%75.7%3.2%-12.7%8.6K-832.7K-9.0K0.8747.86N/AN/A232016,6533,988
2024-01-22$11.61$10.0073.6%21.1%53.0%50.0%72.8%-0.9%-11.9%10.9K-658.9K-9.0K0.0036.51N/AN/A58613,9292,408
2024-01-23$11.59$10.0073.8%21.1%51.2%50.2%74.5%1.4%-14.3%18.3K-712.9K-9.2K0.0757.51N/AN/A12894,5512,409
2024-01-24$11.57$10.0072.0%20.6%51.2%48.2%74.2%2.2%-12.8%19.0K-749.7K-9.2K1.5471.58N/AN/A721114,6282,416
2024-01-25$11.18$10.0080.2%23.0%51.8%57.1%77.7%12.9%-19.5%8.6K-374.2K-8.6K21.0947.24N/AN/A112324,6952,433
2024-01-26$11.23$10.0077.8%22.3%51.9%54.6%76.1%9.1%-16.3%7.1K-378.9K-8.7K3.3421.77N/AN/A29974,6932,556
2024-01-29$11.61$10.0088.0%25.2%52.0%65.6%92.6%7.3%-27.3%19.9K-699.9K-9.0K1.3441.91N/AN/A1,1361,5244,7122,603
2024-01-30$11.71$12.5048.8%14.0%51.7%23.1%51.4%-16.8%0.9%26.1K-965.5K-8.5K0.4873.59N/AN/A1,0735165,7424,048
2024-01-31$11.73$10.0041.5%11.9%51.4%15.3%45.9%-9.4%3.0%34.0K-820.4K-7.1K10.5472.34N/AN/A414325,0793,698