HLIT Options History — December 2025

In December 2025, HLIT traded between $9.43 and $10.68. ATM implied volatility averaged 43.8%, placing in the 13.7% IV rank vs the trailing year. The 30-day expected move averaged 13.0%. IV traded above realized volatility by 3.3% (HV 20d: 40.6%). Max pain ranged from $7.50 to $10.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 15 of 22 days. Put/call ratio averaged 1.57.

Notable Days

  • 2025-12-09: Highest Volume — 342 contracts
  • 2025-12-10: Largest IV spike — 51.1% change
  • 2025-12-10: Highest IV Rank — 22.6%
  • 2025-12-10: Largest Expected Move — 16.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$10.06$9.43$10.68$9.43$9.93
Max Pain$7.84$7.50$10.00$10.00$7.50
ATM IV43.8%30.8%58.5%38.8%51.1%
Expected Move13.0%9.4%16.8%11.1%14.6%
HV 20d40.6%33.6%47.4%39.7%33.6%
HV 60d36.5%34.8%37.4%34.8%35.2%
IV Rank13.7%5.9%22.6%10.7%18.1%
IV Percentile50.5%15.5%68.3%44.8%63.9%
Term Structure9.9%-16.3%42.6%-4.1%-9.6%
VWIV51.2%36.2%88.7%36.2%42.3%
Skew 25d23.6%-2.4%89.1%42.3%11.1%
Skew 10d40.2%0.9%168.9%20.4%19.7%
Call IV 25d42.3%26.2%59.0%40.4%44.2%
Put IV 25d65.9%36.0%122.2%82.8%55.3%
Bid-Ask Spread %109.6697.11119.46115.01104.25
Gamma HHI0.510.440.680.570.55
Net GEX74.8K51.4K92.2K51.4K78.1K
Net DEX-2.1M-2.7M-1.4M-1.4M-2.0M
Net VEX-7.7K-9.3K-6.4K-6.4K-7.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.570.0012.000.0012.00
Total Volume51.9090342813
Total OI5,895.5915,1876,2295,1876,229

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-12-01$9.43$10.0038.8%11.1%39.7%10.7%36.2%42.3%-4.1%51.4K-1.4M-6.4K0.00115.01N/AN/A804,902285
2025-12-02$9.68$10.0033.4%9.6%41.1%7.5%37.3%20.8%5.6%53.4K-1.5M-6.8K0.00107.88N/AN/A3904,908285
2025-12-03$9.75$10.0032.7%9.4%41.1%7.0%0.0%20.7%15.9%57.2K-1.5M-6.5K0.00115.41N/AN/A104,934285
2025-12-04$9.55$7.5030.8%10.8%41.5%5.9%0.0%17.0%20.3%55.1K-1.6M-7.0K0.00103.72N/AN/A304,935285
2025-12-05$9.64$7.5033.1%9.9%40.9%7.3%47.4%22.1%18.5%59.1K-1.5M-6.7K0.00105.66N/AN/A4504,938285
2025-12-08$10.25$7.5041.7%15.4%46.5%12.4%47.6%10.3%-0.2%67.2K-2.2M-8.0K0.04105.58N/AN/A278104,985285
2025-12-09$10.48$7.5038.8%14.8%47.1%10.7%52.0%89.1%1.9%72.7K-2.3M-8.4K0.06101.91N/AN/A324185,395295
2025-12-10$10.68$7.5058.5%16.8%47.4%22.6%74.2%9.1%-14.5%80.1K-2.7M-9.3K0.00118.39N/AN/A21805,728299
2025-12-11$10.68$7.5043.1%12.4%47.3%13.3%0.0%19.3%4.5%89.9K-2.7M-8.9K10.00111.56N/AN/A3305,875299
2025-12-12$10.32$7.5046.2%13.2%42.1%15.1%0.0%23.3%3.6%81.3K-2.5M-9.0K0.00106.62N/AN/A705,875286
2025-12-15$10.50$7.5045.6%13.1%42.3%14.8%45.8%10.7%12.0%86.5K-2.6M-8.7K0.00110.44N/AN/A2205,879286
2025-12-16$10.45$7.5048.9%14.0%40.6%16.8%0.0%4.9%-3.4%85.0K-2.6M-8.7K0.00111.05N/AN/A205,889286
2025-12-17$10.23$7.5057.1%16.4%41.7%21.7%52.1%3.9%-16.3%78.4K-2.5M-8.9K7.50108.23N/AN/A2155,888286
2025-12-18$10.12$7.5041.2%11.8%42.0%12.2%0.0%-2.4%42.6%86.3K-2.5M-8.3K0.0097.11N/AN/A1005,888301
2025-12-19$9.84$7.5044.7%12.8%38.8%14.3%88.7%18.7%-11.2%69.8K-2.1M-8.1K0.00108.91N/AN/A015,904301
2025-12-22$9.98$7.5045.5%13.1%38.9%14.8%42.9%30.6%17.2%79.8K-1.9M-7.1K0.00109.75N/AN/A6005,846299
2025-12-23$10.07$7.5057.5%16.5%38.9%22.0%0.0%59.7%16.5%92.2K-2.2M-7.8K0.00108.84N/AN/A005,904299
2025-12-24$9.93$7.5043.0%12.3%35.7%13.3%0.0%22.9%42.5%78.0K-2.0M-7.4K0.00116.23N/AN/A805,904299
2025-12-26$9.96$7.5043.5%12.5%35.3%13.5%48.2%31.6%34.1%81.3K-1.9M-6.9K0.00113.84N/AN/A1505,909299
2025-12-29$9.98$7.5042.4%12.2%34.9%12.9%42.3%32.3%22.0%81.2K-2.0M-7.0K0.00119.46N/AN/A035,922299
2025-12-30$9.96$7.5046.6%13.4%34.7%15.4%0.0%20.3%20.7%81.0K-2.0M-7.0K0.17112.75N/AN/A615,922300
2025-12-31$9.93$7.5051.1%14.6%33.6%18.1%0.0%11.1%-9.6%78.1K-2.0M-7.1K12.00104.25N/AN/A1125,928301