HLIT Options History — March 2024

In March 2024, HLIT traded between $12.41 and $13.50. ATM implied volatility averaged 46.1%, placing in the 20.3% IV rank vs the trailing year. The 30-day expected move averaged 12.7%. IV traded above realized volatility by 15.0% (HV 20d: 31.1%). Max pain ranged from $10.00 to $12.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 16 of 20 days. Put/call ratio averaged 0.89.

Notable Days

  • 2024-03-20: Highest Volume — 971 contracts
  • 2024-03-13: Largest IV drop — 35.4% change
  • 2024-03-12: Highest IV Rank — 46.5%
  • 2024-03-12: Largest Expected Move — 13.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$13.00$12.41$13.50$13.32$13.38
Max Pain$12.38$10.00$12.50$10.00$12.50
ATM IV46.1%34.8%70.4%45.7%39.6%
Expected Move12.7%10.0%13.9%13.1%11.4%
HV 20d31.1%19.5%44.0%44.0%26.7%
HV 60d45.3%43.8%48.1%48.1%44.5%
IV Rank20.3%8.0%46.5%19.8%13.3%
IV Percentile48.0%9.9%88.9%49.2%26.2%
Term Structure4.1%-30.1%20.6%1.2%-5.5%
VWIV45.1%40.3%48.5%45.2%40.3%
Skew 25d5.6%-11.6%134.6%-7.3%-5.2%
Skew 10d13.4%-20.4%200.4%23.6%3.8%
Call IV 25d46.0%38.2%53.7%53.7%42.9%
Put IV 25d51.6%37.6%176.1%46.3%37.7%
Bid-Ask Spread %86.4270.8697.8692.9997.86
Gamma HHI0.470.320.620.560.60
Net GEX97.9K38.6K151.3K151.3K101.9K
Net DEX-1.6M-2.5M-578.5K-2.5M-1.8M
Net VEX-8.1K-10.5K-5.2K-9.5K-9.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.890.0011.670.262.10
Total Volume168.7497111531
Total OI6,466.554,3517,7897,0915,780

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-03-01$13.32$10.0045.7%13.1%44.0%19.8%45.2%-7.3%1.2%151.3K-2.5M-9.5K0.2692.99N/AN/A91246,360731
2024-03-04$13.11$12.5047.3%12.9%43.2%21.5%46.9%-4.3%3.7%125.5K-2.1M-8.8K0.0074.59N/AN/A22006,414754
2024-03-05$12.98$12.5053.3%13.8%42.9%28.0%48.0%3.4%9.4%122.5K-2.0M-8.4K0.0178.47N/AN/A51646,444754
2024-03-06$12.96$12.5051.5%13.3%42.3%26.1%46.2%3.3%-0.6%112.1K-1.7M-7.8K0.0470.86N/AN/A5426,752758
2024-03-07$12.98$12.5049.2%13.6%42.1%23.6%46.8%5.1%2.0%108.3K-1.9M-8.6K0.3381.99N/AN/A316,782760
2024-03-08$13.09$12.5044.1%13.7%42.2%18.0%47.9%-3.4%2.7%103.6K-1.8M-7.7K11.6777.05N/AN/A6706,783760
2024-03-11$12.96$12.5054.3%13.7%37.4%29.1%47.9%4.6%3.0%91.6K-1.6M-7.3K0.1082.72N/AN/A1016,783830
2024-03-12$12.98$12.5070.4%13.9%35.5%46.5%48.2%4.9%3.3%97.3K-1.6M-7.3K0.0086.71N/AN/A25016,783831
2024-03-13$12.82$12.5045.5%13.0%29.7%19.6%45.4%-7.2%-3.8%93.1K-1.5M-6.9K0.0984.12N/AN/A174166,922832
2024-03-14$12.82$12.5044.8%12.8%19.5%18.8%48.5%-6.5%9.8%84.6K-1.5M-6.9K0.0081.79N/AN/A6306,898841
2024-03-15$12.48$12.5045.5%13.0%19.6%19.6%46.4%-11.6%9.5%144.0K-1.1M-6.4K0.1784.98N/AN/A143246,948841
2024-03-18$12.41$12.5034.8%10.0%19.6%8.0%41.9%134.6%14.4%38.6K-578.5K-5.2K0.2890.98N/AN/A174483,716635
2024-03-19$12.61$12.5042.6%12.2%20.4%16.5%42.7%-5.7%10.1%54.1K-812.3K-6.3K0.3387.09N/AN/A1243,805671
2024-03-20$12.88$12.5042.3%12.1%22.1%16.1%42.3%-3.2%12.9%63.9K-1.0M-6.7K0.0091.83N/AN/A96923,806675
2024-03-21$13.39$12.5045.1%12.9%26.3%19.1%43.7%0.5%-30.1%96.2K-2.1M-10.5K1.2790.66N/AN/A33424,731677
2024-03-22$13.18$12.5041.7%12.0%26.7%15.5%41.9%2.9%11.9%90.0K-1.7M-9.6K0.2093.09N/AN/A514,729714
2024-03-25$12.96$12.5042.5%12.2%27.3%16.4%42.5%3.2%20.6%79.7K-1.5M-9.0K0.2494.27N/AN/A216524,729715
2024-03-26$13.14$12.5041.7%12.0%27.3%15.5%43.5%1.7%2.0%91.7K-1.8M-9.8K0.6795.39N/AN/A644,923766
2024-03-27$13.50$12.5040.9%11.7%27.5%14.6%40.3%2.4%5.8%108.3K-1.9M-10.2K0.0790.99N/AN/A9574,928770
2024-03-28$13.38$12.5039.6%11.4%26.7%13.3%0.0%-5.2%-5.5%101.9K-1.8M-9.9K2.1097.86N/AN/A10215,003777