HLIT Options History — March 2025

In March 2025, HLIT traded between $9.61 and $10.64. ATM implied volatility averaged 42.0%, placing in the 18.9% IV rank vs the trailing year. The 30-day expected move averaged 15.3%. IV traded below realized volatility by 0.2% (HV 20d: 42.2%). Max pain ranged from $10.00 to $10.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 20 of 21 days. Put/call ratio averaged 0.36.

Notable Days

  • 2025-03-03: Highest Volume — 1,196 contracts
  • 2025-03-10: Largest IV spike — 55.6% change
  • 2025-03-10: Highest IV Rank — 30.6%
  • 2025-03-31: Largest Expected Move — 20.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$10.23$9.61$10.64$10.26$9.61
Max Pain$10.00$10.00$10.00$10.00$10.00
ATM IV42.0%35.4%55.1%36.7%43.3%
Expected Move15.3%10.2%20.5%10.5%20.5%
HV 20d42.2%22.9%68.4%67.6%26.0%
HV 60d46.1%45.2%47.1%46.1%45.2%
IV Rank18.9%13.0%30.6%14.1%20.0%
IV Percentile53.3%32.9%75.0%37.3%60.3%
Term Structure17.1%-2.8%31.3%-2.8%28.5%
VWIV54.5%26.5%83.1%45.1%83.1%
Skew 25d24.4%-4.3%206.7%16.7%206.7%
Skew 10d44.9%-1.4%284.9%55.8%284.9%
Call IV 25d37.1%28.2%49.7%40.2%42.3%
Put IV 25d61.5%31.6%249.0%56.9%249.0%
Bid-Ask Spread %88.7067.41108.6194.5483.37
Gamma HHI0.540.470.620.470.49
Net GEX23.1K8.5K27.3K8.5K20.8K
Net DEX-650.3K-804.6K-227.5K-227.5K-443.9K
Net VEX-4.7K-5.1K-2.3K-2.3K-4.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.360.002.610.031.36
Total Volume151.09561,1961,196144
Total OI2,856.1431,7013,1861,7012,796

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-03-03$10.26$10.0036.7%10.5%67.6%14.1%45.1%16.7%-2.8%8.5K-227.5K-2.3K0.0394.54N/AN/A1,163331,301400
2025-03-04$10.55$10.0036.0%10.3%67.9%13.5%41.7%-4.3%1.3%23.8K-724.1K-4.8K0.0093.41N/AN/A15602,361406
2025-03-05$10.64$10.0038.8%11.1%67.3%16.0%46.8%15.2%12.5%25.8K-775.0K-4.9K0.0794.05N/AN/A5942,424406
2025-03-06$10.45$10.0040.7%11.7%67.3%17.7%0.0%-1.5%14.1%24.2K-692.2K-4.9K0.0093.77N/AN/A6302,436408
2025-03-07$10.25$10.0035.4%10.2%67.4%13.0%26.5%0.0%12.9%22.7K-633.6K-4.8K0.0493.41N/AN/A17472,469408
2025-03-10$10.09$10.0055.1%15.8%67.5%30.6%55.1%14.6%11.0%22.6K-620.6K-4.9K0.1284.55N/AN/A100122,572411
2025-03-11$10.36$10.0048.0%12.5%68.4%24.3%53.1%12.1%11.2%23.8K-695.8K-4.9K0.5093.23N/AN/A1262,532415
2025-03-12$10.18$10.0044.7%11.7%35.8%21.3%50.7%10.0%14.0%22.6K-617.1K-4.7K0.1994.64N/AN/A83162,524413
2025-03-13$10.27$10.0047.0%13.2%35.7%23.3%0.0%12.2%12.5%23.3K-676.2K-4.8K0.0093.58N/AN/A8402,566422
2025-03-14$10.44$10.0045.4%12.3%35.1%21.9%0.0%15.0%13.1%26.3K-786.9K-5.1K0.1493.78N/AN/A209302,640422
2025-03-17$10.48$10.0045.9%17.3%34.6%22.3%0.0%62.8%15.6%26.0K-804.6K-5.1K0.0085.22N/AN/A902,695452
2025-03-18$10.38$10.0042.9%16.9%30.2%19.6%0.0%11.3%16.3%26.8K-762.9K-4.9K0.0079.66N/AN/A602,703452
2025-03-19$10.41$10.0042.9%16.8%30.0%19.7%54.3%8.5%15.9%25.8K-793.1K-4.9K0.6384.09N/AN/A121762,697452
2025-03-20$10.34$0.0042.0%13.7%29.9%18.9%0.0%24.6%14.4%27.3K-799.0K-4.7K0.86108.61N/AN/A66572,699376
2025-03-21$10.20$0.0042.3%18.8%30.1%19.1%58.7%27.2%24.1%22.0K-762.1K-5.0K0.1283.84N/AN/A84102,755431
2025-03-24$10.39$10.0042.7%19.2%22.9%19.5%61.9%15.5%23.7%23.5K-700.3K-5.0K2.6167.41N/AN/A23602,279397
2025-03-25$10.18$10.0037.2%19.5%24.2%14.5%67.3%25.9%30.1%23.0K-620.6K-4.7K0.1180.78N/AN/A6472,267392
2025-03-26$9.91$10.0037.0%19.6%26.0%14.4%36.6%28.6%31.3%22.3K-538.0K-4.5K0.1085.17N/AN/A8692,314396
2025-03-27$9.79$10.0037.4%19.4%26.3%14.7%0.0%6.6%30.3%22.6K-522.3K-4.5K0.2792.55N/AN/A3082,354400
2025-03-28$9.66$10.0041.3%20.1%26.1%18.3%81.8%4.7%29.1%20.9K-461.4K-4.4K0.3183.08N/AN/A78242,334402
2025-03-31$9.61$10.0043.3%20.5%26.0%20.0%83.1%206.7%28.5%20.8K-443.9K-4.3K1.3683.37N/AN/A61832,373423