HLIT Options History — January 2026

In January 2026, HLIT traded between $9.57 and $10.50. ATM implied volatility averaged 74.0%, placing in the 30.9% IV rank vs the trailing year. The 30-day expected move averaged 20.6%. IV traded above realized volatility by 40.5% (HV 20d: 33.5%). Max pain ranged from $7.50 to $10.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 6 of 20 days. Put/call ratio averaged 0.10.

Notable Days

  • 2026-01-13: Highest Volume — 1,089 contracts
  • 2026-01-27: Largest IV spike — 32.7% change
  • 2026-01-27: Highest IV Rank — 51.1%
  • 2026-01-27: Largest Expected Move — 30.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$10.05$9.57$10.50$9.98$9.76
Max Pain$9.88$7.50$10.00$7.50$10.00
ATM IV74.0%46.5%107.5%46.5%80.2%
Expected Move20.6%13.3%30.8%13.3%23.0%
HV 20d33.5%23.8%39.1%33.6%39.1%
HV 60d36.5%33.3%38.6%35.2%37.6%
IV Rank30.9%15.3%51.1%15.3%34.3%
IV Percentile77.6%58.7%97.6%58.7%81.0%
Term Structure-4.3%-46.2%36.0%19.0%-11.1%
VWIV74.3%62.8%95.3%62.8%80.4%
Skew 25d19.8%1.6%45.0%45.0%23.2%
Skew 10d16.7%-17.0%71.7%71.7%31.0%
Call IV 25d61.0%40.3%89.2%41.6%70.9%
Put IV 25d80.8%65.4%119.6%86.5%94.1%
Bid-Ask Spread %109.9499.94123.97107.29111.06
Gamma HHI0.500.400.670.620.46
Net GEX72.5K50.6K126.3K83.2K57.5K
Net DEX-2.2M-2.8M-1.8M-1.9M-2.0M
Net VEX-8.5K-10.4K-6.7K-6.7K-9.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.100.000.440.440.00
Total Volume202.301,0891874
Total OI6,312.355,2727,5776,2415,812

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-01-02$9.98$7.5046.5%13.3%33.6%15.3%0.0%45.0%19.0%83.2K-1.9M-6.7K0.44107.29N/AN/A130575,929312
2026-01-05$10.02$10.0054.1%28.2%32.5%19.9%0.0%23.8%-46.2%83.4K-2.1M-7.2K0.00117.52N/AN/A1506,059369
2026-01-06$9.98$10.0064.4%14.2%32.5%26.1%0.0%12.8%10.1%83.2K-2.0M-6.9K0.00122.58N/AN/A006,064369
2026-01-07$10.04$10.0069.8%16.5%23.8%29.3%0.0%10.8%-2.7%80.2K-2.0M-6.9K0.00113.99N/AN/A49306,063369
2026-01-08$9.62$10.0070.0%19.4%26.4%28.1%0.0%10.3%-16.0%74.0K-1.9M-7.6K0.00102.80N/AN/A9306,554369
2026-01-09$9.57$10.0077.1%17.7%25.0%32.4%62.8%25.8%12.0%77.7K-1.8M-7.3K0.00123.97N/AN/A11206,617369
2026-01-12$10.09$10.0091.5%19.0%32.5%41.3%66.1%13.0%-1.1%91.3K-2.3M-7.8K0.23103.46N/AN/A185426,722369
2026-01-13$10.25$10.0087.5%19.3%30.8%38.8%67.2%15.4%-7.6%96.2K-2.6M-8.1K0.00102.58N/AN/A1,08456,603410
2026-01-14$9.98$10.0065.1%18.7%31.5%25.1%0.0%15.2%-9.9%90.4K-2.5M-9.1K0.00116.56N/AN/A5607,156405
2026-01-15$10.27$10.0077.0%22.1%33.3%32.4%77.2%30.4%-2.4%126.3K-2.8M-8.8K0.01104.92N/AN/A30247,163405
2026-01-16$10.18$10.0068.7%19.7%32.6%27.3%68.7%35.8%7.0%55.0K-2.7M-8.7K0.01104.45N/AN/A67777,170407
2026-01-20$9.82$10.0082.2%23.6%34.8%35.6%66.6%17.1%-19.6%50.6K-1.8M-8.7K0.44120.10N/AN/A945,048224
2026-01-21$10.13$10.0066.3%19.0%35.2%25.8%74.0%24.1%11.2%54.7K-2.0M-9.0K0.23108.82N/AN/A65155,113225
2026-01-22$10.50$10.0078.7%22.6%37.0%33.4%76.0%1.6%-11.6%57.8K-2.3M-9.5K0.09101.33N/AN/A230205,092240
2026-01-23$10.27$10.0068.3%19.6%37.9%27.1%68.4%31.7%36.0%59.1K-2.1M-9.1K0.19112.87N/AN/A162305,157240
2026-01-26$10.29$10.0081.0%23.2%37.5%34.8%83.9%3.1%-22.3%51.1K-2.6M-10.4K0.17100.56N/AN/A63115,310270
2026-01-27$10.26$10.00107.5%30.8%37.5%51.1%95.3%30.4%-13.9%57.6K-2.2M-9.6K0.0899.94N/AN/A132105,375279
2026-01-28$10.04$10.0073.8%21.1%38.4%30.4%81.0%5.3%-9.6%61.1K-2.3M-9.6K0.05111.39N/AN/A1915,511289
2026-01-29$9.89$10.0071.0%20.4%38.8%28.7%72.3%21.3%-6.4%59.8K-2.1M-9.4K0.00112.70N/AN/A905,519290
2026-01-30$9.76$10.0080.2%23.0%39.1%34.3%80.4%23.2%-11.1%57.5K-2.0M-9.4K0.00111.06N/AN/A405,522290