HLIT Options History — May 2024

In May 2024, HLIT traded between $10.86 and $12.14. ATM implied volatility averaged 42.7%, placing in the 19.1% IV rank vs the trailing year. The 30-day expected move averaged 11.9%. IV traded below realized volatility by 17.5% (HV 20d: 60.2%). Max pain ranged from $10.00 to $12.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 2 of 22 days. Put/call ratio averaged 0.08.

Notable Days

  • 2024-05-30: Highest Volume — 770 contracts
  • 2024-05-15: Largest IV drop — 37.5% change
  • 2024-05-14: Highest IV Rank — 43.1%
  • 2024-05-06: Largest Expected Move — 17.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$11.47$10.86$12.14$11.23$12.09
Max Pain$10.91$10.00$12.50$10.00$10.00
ATM IV42.7%28.3%61.1%49.0%54.6%
Expected Move11.9%6.6%17.8%14.0%15.7%
HV 20d60.2%26.8%84.9%84.9%26.8%
HV 60d54.3%52.9%56.8%56.8%53.8%
IV Rank19.1%1.0%43.1%23.4%34.9%
IV Percentile37.0%0.8%80.6%59.9%75.4%
Term Structure-10.5%-29.0%2.5%-17.4%-25.4%
VWIV44.2%22.8%57.4%49.3%54.8%
Skew 25d-2.6%-16.9%17.4%6.3%8.5%
Skew 10d13.2%-6.9%84.4%2.0%16.1%
Call IV 25d40.2%22.6%54.1%44.6%44.6%
Put IV 25d37.6%21.7%62.4%50.8%53.1%
Bid-Ask Spread %97.5388.49120.9297.5595.53
Gamma HHI0.440.300.630.300.63
Net GEX45.5K23.6K98.8K39.7K98.8K
Net DEX-1.2M-1.9M-924.4K-1.3M-1.9M
Net VEX-5.8K-7.2K-4.7K-6.2K-7.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.080.001.011.010.00
Total Volume129.818077014931
Total OI5,701.5455,0236,1645,8766,164

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-05-01$11.23$10.0049.0%14.0%84.9%23.4%49.3%6.3%-17.4%39.7K-1.3M-6.2K1.0197.55N/AN/A74755,039837
2024-05-02$11.11$10.0040.6%11.6%84.8%14.3%47.5%1.4%-4.7%37.9K-1.1M-5.6K0.0294.72N/AN/A19145,009809
2024-05-03$10.96$10.0041.3%11.8%84.9%15.0%56.9%-5.6%-3.1%37.8K-1.1M-5.6K0.0097.54N/AN/A8905,066808
2024-05-06$10.86$12.5028.3%17.8%84.5%1.0%47.4%16.2%-26.7%29.7K-1.1M-5.3K0.0088.49N/AN/A6205,114808
2024-05-07$10.89$12.5028.7%6.6%62.0%1.5%22.8%-16.9%0.4%26.6K-1.1M-4.9K0.0197.72N/AN/A16015,161808
2024-05-08$10.91$12.5035.0%6.9%61.8%8.2%0.0%-13.7%-0.0%28.7K-1.0M-4.7K0.00101.90N/AN/A3305,087804
2024-05-09$11.32$12.5031.9%8.3%63.2%5.9%35.3%17.4%-2.9%29.2K-1.3M-5.4K0.1694.35N/AN/A3765,077793
2024-05-10$11.34$12.5034.8%10.3%61.8%9.5%42.9%4.6%-5.3%29.8K-1.3M-5.4K0.0491.94N/AN/A5025,058793
2024-05-13$11.32$12.5044.9%8.7%60.7%22.4%38.2%-14.4%-20.1%28.1K-1.2M-5.2K0.03102.62N/AN/A3015,043794
2024-05-14$11.45$12.5061.1%9.7%60.6%43.1%0.0%-10.8%2.5%30.3K-1.3M-5.3K0.0096.01N/AN/A205,063795
2024-05-15$11.23$12.5038.2%10.9%60.3%13.8%38.5%-11.0%-9.8%23.6K-1.2M-4.8K0.00101.81N/AN/A15405,062795
2024-05-16$11.68$10.0038.4%11.0%61.4%14.1%41.1%-2.7%-6.3%36.0K-1.5M-5.5K0.05104.27N/AN/A4125,212795
2024-05-17$11.61$10.0045.2%13.0%59.5%22.8%45.4%-7.7%-2.8%33.4K-1.5M-5.5K0.0094.00N/AN/A44005,226795
2024-05-20$11.64$10.0042.7%12.2%59.6%19.6%43.0%1.9%-9.3%48.5K-1.0M-6.4K0.0594.66N/AN/A2114,400623
2024-05-21$11.52$10.0056.6%16.2%59.8%37.4%0.0%-10.8%-19.6%42.5K-924.4K-5.9K0.0097.01N/AN/A014,408624
2024-05-22$11.66$10.0044.5%12.7%58.1%21.9%45.1%-14.4%-6.7%44.9K-1.1M-6.3K0.0091.61N/AN/A51014,408624
2024-05-23$11.52$10.0041.1%11.8%57.8%17.5%43.7%-0.6%-14.9%59.6K-1.1M-6.5K0.00120.92N/AN/A014,880625
2024-05-24$11.84$10.0040.3%11.6%58.0%16.6%40.9%1.3%-4.8%74.2K-1.2M-6.4K0.0096.29N/AN/A2404,880625
2024-05-28$12.04$10.0042.2%12.1%58.0%19.0%46.1%-1.3%-9.2%78.0K-1.3M-6.2K0.0095.29N/AN/A4204,883625
2024-05-29$11.89$10.0046.8%13.4%28.2%24.9%0.0%3.4%-16.3%71.2K-1.2M-6.1K0.0097.07N/AN/A004,882625
2024-05-30$12.14$10.0053.7%15.4%27.2%33.7%57.4%-9.1%-29.0%72.5K-1.5M-6.6K0.0694.47N/AN/A728424,882625
2024-05-31$12.09$10.0054.6%15.7%26.8%34.9%54.8%8.5%-25.4%98.8K-1.9M-7.2K0.0095.53N/AN/A3105,542622