HLIT Options History — April 2024

In April 2024, HLIT traded between $9.23 and $13.23. ATM implied volatility averaged 57.5%, placing in the 32.6% IV rank vs the trailing year. The 30-day expected move averaged 17.5%. IV traded above realized volatility by 2.5% (HV 20d: 55.0%). Max pain ranged from $10.00 to $12.50. Net GEX was positive for 18 of 22 trading days. Term structure was in contango for 7 of 22 days. Put/call ratio averaged 1.40.

Notable Days

  • 2024-04-30: Highest Volume — 1,190 contracts
  • 2024-04-08: Largest IV spike — 38.3% change
  • 2024-04-29: Highest IV Rank — 55.2%
  • 2024-04-29: Largest Expected Move — 22.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$10.89$9.23$13.23$12.98$10.89
Max Pain$11.48$10.00$12.50$12.50$10.00
ATM IV57.5%35.0%78.4%38.2%48.9%
Expected Move17.5%11.0%22.5%11.0%14.0%
HV 20d55.0%27.9%84.5%28.4%84.5%
HV 60d46.8%36.8%56.5%38.8%56.5%
IV Rank32.6%8.2%55.2%11.7%23.2%
IV Percentile68.3%10.3%95.6%17.9%59.1%
Term Structure-4.7%-24.3%36.0%36.0%0.1%
VWIV61.2%42.4%77.8%44.3%50.2%
Skew 25d9.0%-7.6%25.8%8.8%12.7%
Skew 10d14.2%-31.3%42.7%31.3%-3.5%
Call IV 25d54.4%30.8%64.7%32.4%51.2%
Put IV 25d63.4%41.2%89.8%41.2%63.9%
Bid-Ask Spread %83.2671.0296.8296.8284.70
Gamma HHI0.490.360.700.510.36
Net GEX25.6K-42.4K96.7K81.9K39.1K
Net DEX-435.7K-1.7M415.8K-1.5M-1.2M
Net VEX-5.6K-9.6K-3.0K-8.9K-6.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.400.0016.520.160.14
Total Volume202.13621,1902441,190
Total OI5,791.0914,2946,7905,8085,650

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-04-01$12.98$12.5038.2%11.0%28.4%11.7%0.0%8.8%36.0%81.9K-1.5M-8.9K0.1696.82N/AN/A211335,009799
2024-04-02$12.91$12.5041.6%11.9%27.9%15.4%0.0%16.4%13.9%82.7K-1.5M-9.2K0.0093.49N/AN/A905,213832
2024-04-03$13.23$12.5044.1%12.6%29.1%18.1%44.3%13.1%11.9%96.7K-1.7M-9.6K1.5096.69N/AN/A235,210832
2024-04-04$13.04$12.5043.2%13.0%29.6%17.1%58.1%2.7%17.3%85.1K-1.5M-9.0K0.0084.91N/AN/A6305,211835
2024-04-05$12.93$12.5035.0%20.3%29.7%8.2%60.1%3.8%-18.3%70.7K-1.5M-8.9K0.0080.43N/AN/A1305,189835
2024-04-08$13.11$12.5048.4%19.3%30.0%22.7%0.0%15.8%-24.3%75.3K-1.6M-8.6K0.3382.59N/AN/A315,198835
2024-04-09$11.14$12.5047.3%19.6%65.2%21.5%64.7%-2.5%-19.4%20.3K-232.3K-5.7K0.2184.81N/AN/A229475,196836
2024-04-10$10.98$12.5061.5%17.6%65.1%36.9%60.1%24.6%2.5%19.2K-234.6K-5.6K0.1589.92N/AN/A96145,358870
2024-04-11$10.96$12.5062.2%17.8%65.2%37.6%61.4%5.0%-9.3%15.8K-174.2K-5.2K16.5276.16N/AN/A213475,445847
2024-04-12$10.59$12.5064.3%18.4%65.8%40.0%64.0%7.5%17.7%461-56.4K-5.4K0.4776.56N/AN/A117555,4471,158
2024-04-15$10.29$12.5063.6%18.2%65.8%39.1%0.0%-7.6%-7.4%-8.3K132.8K-4.4K3.0081.44N/AN/A265,5341,123
2024-04-16$10.25$12.5065.5%18.8%65.8%41.3%65.4%-5.9%-8.0%-13.6K138.6K-4.4K3.5077.37N/AN/A6215,5331,119
2024-04-17$10.00$12.5062.3%17.9%65.3%37.8%62.3%8.5%-7.1%-27.1K272.9K-4.0K0.0180.66N/AN/A11115,5331,119
2024-04-18$9.98$10.0063.5%18.2%64.3%39.0%62.7%-7.5%-9.1%-42.4K218.1K-4.1K4.5484.29N/AN/A562545,6401,120
2024-04-19$9.64$10.0058.8%16.9%61.7%34.0%42.4%1.1%-6.5%8.7K415.8K-3.8K0.0485.69N/AN/A9245,6851,105
2024-04-22$9.71$10.0062.4%17.9%62.3%37.9%61.3%5.0%-10.7%8.0K106.6K-3.5K0.0285.22N/AN/A6013,539755
2024-04-23$9.66$10.0063.5%18.2%62.4%39.1%63.5%25.8%-10.7%8.2K107.2K-3.5K0.0087.20N/AN/A603,599756
2024-04-24$9.39$10.0065.0%18.6%61.6%40.6%65.0%13.2%-12.4%7.9K112.2K-3.5K0.0477.61N/AN/A5423,604756
2024-04-25$9.23$10.0068.8%19.7%59.4%44.8%0.0%12.7%-15.2%6.2K189.4K-3.0K0.0082.97N/AN/A203,632757
2024-04-26$9.25$10.0078.3%22.4%59.8%55.0%77.8%25.6%-22.2%7.9K132.3K-3.3K0.0171.02N/AN/A902123,634757
2024-04-29$9.38$10.0078.4%22.5%60.7%55.2%77.5%19.8%-21.6%19.8K-175.6K-3.9K0.2671.09N/AN/A319824,529770
2024-04-30$10.89$10.0048.9%14.0%84.5%23.2%50.2%12.7%0.1%39.1K-1.2M-6.3K0.1484.70N/AN/A1,0431474,843807