HLIT Options History — May 2025

In May 2025, HLIT traded between $8.91 and $9.73. ATM implied volatility averaged 40.3%, placing in the 11.6% IV rank vs the trailing year. The 30-day expected move averaged 10.5%. IV traded below realized volatility by 4.6% (HV 20d: 44.8%). Max pain ranged from $7.50 to $10.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 1.36.

Notable Days

  • 2025-05-28: Highest Volume — 102 contracts
  • 2025-05-08: Largest IV drop — 36.0% change
  • 2025-05-07: Highest IV Rank — 28.7%
  • 2025-05-07: Largest Expected Move — 13.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.23$8.91$9.73$9.11$9.05
Max Pain$9.76$7.50$10.00$7.50$10.00
ATM IV40.3%24.8%68.7%48.5%25.0%
Expected Move10.5%7.1%13.9%13.9%7.2%
HV 20d44.8%31.6%71.9%71.9%32.0%
HV 60d49.9%46.7%57.5%57.5%46.8%
IV Rank11.6%2.3%28.7%16.6%2.4%
IV Percentile44.6%2.8%85.3%69.0%3.2%
Term Structure3.7%-9.5%19.3%-9.5%8.3%
VWIV37.4%24.1%42.6%34.2%37.0%
Skew 25d-3.6%-20.5%19.6%-13.5%10.0%
Skew 10d-11.1%-36.5%18.2%-31.1%17.5%
Call IV 25d41.1%20.7%56.0%56.0%30.4%
Put IV 25d37.5%28.4%53.2%42.6%40.3%
Bid-Ask Spread %93.4583.07109.5785.2198.30
Gamma HHI0.530.470.630.500.63
Net GEX16.7K9.5K33.6K16.9K10.8K
Net DEX-176.9K-365.6K-58.3K-207.3K-62.1K
Net VEX-2.5K-3.0K-2.0K-2.9K-2.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.360.0011.670.440.00
Total Volume19.9520102016
Total OI2,562.5242,3702,6892,6462,525

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-05-01$9.11$7.5048.5%13.9%71.9%16.6%0.0%-13.5%-9.5%16.9K-207.3K-2.9K0.0085.21N/AN/A002,165481
2025-05-02$8.96$7.5037.5%10.7%66.5%9.9%34.2%2.0%9.6%15.5K-152.7K-2.7K0.4483.07N/AN/A25112,165471
2025-05-05$8.98$10.0037.4%12.2%62.4%9.9%42.6%7.5%-0.7%15.0K-158.2K-2.6K0.0988.78N/AN/A1112,186481
2025-05-06$8.91$10.0050.8%12.2%62.4%17.9%0.0%-5.7%1.1%14.8K-151.9K-2.6K0.0091.53N/AN/A1302,197482
2025-05-07$8.91$10.0068.7%13.9%62.0%28.7%0.0%-14.3%-6.3%14.2K-117.2K-2.5K0.00101.39N/AN/A102,189482
2025-05-08$9.09$10.0044.0%8.5%43.2%13.8%0.0%0.6%13.8%17.3K-186.2K-2.7K0.25104.75N/AN/A412,188482
2025-05-09$9.08$10.0053.2%12.1%36.4%19.4%0.0%-6.2%-0.8%17.3K-185.8K-2.6K0.0097.26N/AN/A902,192483
2025-05-12$9.73$10.0043.4%7.7%42.4%13.5%0.0%-4.8%16.1%33.6K-365.6K-3.0K11.67109.57N/AN/A6702,187483
2025-05-13$9.73$10.0050.1%11.4%42.3%17.5%0.0%-6.1%1.9%31.6K-362.8K-3.0K1.2599.14N/AN/A8102,186503
2025-05-14$9.55$10.0039.3%11.3%42.9%11.0%0.0%-13.2%-1.0%26.5K-295.7K-2.9K2.0089.49N/AN/A5102,186503
2025-05-15$9.55$10.0031.1%8.9%41.9%6.1%41.1%-20.5%-1.5%24.1K-276.2K-2.8K0.00100.70N/AN/A1802,182503
2025-05-16$9.52$10.0038.5%11.0%41.9%10.5%38.5%-14.0%1.9%16.1K-253.7K-2.7K0.0089.39N/AN/A092,185493
2025-05-19$9.38$10.0040.4%11.6%37.8%11.7%40.4%-16.8%-0.8%13.9K-181.5K-2.6K3.0090.78N/AN/A131,927443
2025-05-20$9.34$10.0039.2%11.2%37.6%10.9%39.2%-10.3%-0.5%13.5K-170.5K-2.5K2.6790.36N/AN/A381,927445
2025-05-21$9.27$10.0037.9%10.9%37.4%10.2%0.0%-8.4%-0.9%12.5K-131.6K-2.3K0.0090.94N/AN/A601,929445
2025-05-22$9.14$10.0040.0%11.5%36.8%11.4%39.6%-5.5%-3.1%11.1K-94.5K-2.2K0.1791.21N/AN/A611,935445
2025-05-23$8.95$10.0030.6%8.8%37.0%5.8%24.1%7.1%14.6%9.5K-58.3K-2.1K1.8991.61N/AN/A18341,932446
2025-05-27$9.14$10.0024.8%7.1%37.8%2.3%0.0%16.3%19.3%11.4K-85.1K-2.1K0.0098.88N/AN/A201,939480
2025-05-28$9.20$10.0027.8%8.0%36.9%4.1%0.0%19.6%18.3%11.2K-103.8K-2.2K0.0085.52N/AN/A10201,940480
2025-05-29$9.23$10.0037.0%10.6%31.6%9.7%37.0%0.4%-1.5%13.0K-113.9K-2.2K2.5084.59N/AN/A252,040480
2025-05-30$9.05$10.0025.0%7.2%32.0%2.4%0.0%10.0%8.3%10.8K-62.1K-2.0K0.0098.30N/AN/A1602,040485