HLN Options History — February 2023

In February 2023, HLN traded between $7.89 and $8.25. ATM implied volatility averaged 25.3%, placing in the 8.6% IV rank vs the trailing year. The 30-day expected move averaged 7.8%. IV traded above realized volatility by 5.5% (HV 20d: 19.8%). Max pain ranged from $2.50 to $7.50. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 13 of 19 days. Put/call ratio averaged 0.11.

Notable Days

2023-02-17: Highest Volume — 742 contracts
2023-02-24: Largest IV spike — 113.5% change
2023-02-24: Highest IV Rank — 17.2%
2023-02-24: Largest Expected Move — 9.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$8.07	$7.89	$8.25	$7.97	$7.89
Max Pain	$5.79	$2.50	$7.50	$7.50	$5.00
ATM IV	25.3%	16.1%	34.3%	30.3%	21.1%
Expected Move	7.8%	4.6%	9.8%	8.7%	6.0%
HV 20d	19.8%	16.6%	25.5%	25.5%	18.2%
HV 60d	28.6%	28.2%	29.1%	29.0%	28.2%
IV Rank	8.6%	0.0%	17.2%	7.8%	4.8%
IV Percentile	17.5%	0.0%	48.1%	9.5%	4.6%
Term Structure	13.1%	-2.4%	178.0%	4.2%	5.0%
VWIV	36.2%	16.6%	79.2%	24.1%	79.2%
Skew 25d	-4.2%	-26.9%	39.8%	4.7%	-20.1%
Skew 10d	46.4%	-54.8%	213.4%	62.2%	-54.8%
Call IV 25d	37.6%	24.0%	65.3%	33.3%	65.3%
Put IV 25d	33.4%	21.4%	65.7%	38.0%	45.2%
Bid-Ask Spread %	76.37	17.44	105.08	17.44	57.89
Gamma HHI	0.52	0.50	0.65	0.65	0.51
Net GEX	46.0K	36.6K	80.8K	80.8K	39.8K
Net DEX	-2.5M	-3.2M	-1.1M	-2.6M	-1.1M
Net VEX	-6.2K	-7.1K	-5.6K	-7.1K	-5.6K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.11	0.00	0.39	0.14	0.00
Total Volume	180.211	27	742	294	27
Total OI	7,947.842	5,324	9,308	8,958	5,447

Daily Data (19 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2023-02-01	$7.97	$7.50	30.3%	8.7%	25.5%	0.0%	24.1%	4.7%	4.2%	80.8K	-2.6M	-7.1K	0.14	17.44	257	37	7,171	1,787
2023-02-02	$7.92	$7.50	16.5%	8.6%	25.0%	0.0%	30.1%	39.8%	-1.1%	56.5K	-2.8M	-6.0K	0.16	87.93	134	21	7,192	1,792
2023-02-03	$8.09	$7.50	19.5%	8.4%	23.3%	0.0%	0.0%	-19.8%	-0.3%	41.4K	-3.1M	-6.3K	0.09	87.25	317	28	7,260	1,792
2023-02-06	$8.11	$7.50	20.9%	8.8%	21.5%	0.0%	30.3%	8.0%	-0.9%	39.6K	-3.1M	-6.0K	0.00	90.87	58	0	7,329	1,783
2023-02-07	$8.16	$7.50	26.8%	9.2%	21.5%	0.0%	0.0%	7.7%	-2.4%	42.4K	-3.1M	-6.2K	0.00	82.50	53	0	7,346	1,783
2023-02-08	$8.11	$7.50	31.4%	9.0%	21.0%	0.0%	55.5%	-19.9%	-0.8%	47.6K	-3.1M	-6.4K	0.15	84.80	75	11	7,356	1,782
2023-02-09	$8.09	$7.50	31.6%	9.1%	20.8%	0.0%	32.2%	6.0%	0.3%	46.6K	-3.0M	-6.2K	0.01	67.48	157	1	7,358	1,787
2023-02-10	$8.02	$5.00	26.3%	7.5%	20.2%	0.0%	0.0%	6.6%	8.9%	79.6K	-2.8M	-6.6K	0.00	63.30	81	0	7,375	1,787
2023-02-13	$8.18	$5.00	21.8%	6.2%	20.3%	0.0%	53.9%	-25.2%	4.7%	40.6K	-3.2M	-5.9K	0.09	85.89	136	12	7,359	1,787
2023-02-14	$8.11	$5.00	30.3%	8.7%	19.4%	0.0%	25.4%	-8.5%	5.9%	42.2K	-3.0M	-6.0K	0.20	96.05	252	50	7,257	1,796
2023-02-15	$8.09	$5.00	26.1%	7.5%	16.6%	0.0%	23.0%	9.4%	9.1%	38.2K	-3.0M	-6.1K	0.35	100.25	242	84	7,438	1,846
2023-02-16	$8.05	$5.00	25.4%	7.3%	16.6%	0.0%	20.6%	8.5%	178.0%	42.6K	-2.9M	-6.1K	0.01	105.08	83	1	7,380	1,925
2023-02-17	$8.25	$5.00	21.9%	6.3%	18.0%	0.0%	44.7%	-26.9%	3.2%	40.3K	-3.2M	-6.5K	0.00	59.19	739	3	7,382	1,926
2023-02-21	$8.21	$5.00	24.7%	7.1%	17.0%	7.8%	0.0%	-6.8%	19.5%	41.5K	-1.5M	-6.0K	0.04	68.26	106	4	4,401	930
2023-02-22	$8.14	$5.00	24.7%	7.1%	17.4%	7.8%	35.3%	-5.4%	0.1%	41.2K	-1.4M	-6.4K	0.10	59.54	61	6	4,439	934
2023-02-23	$8.07	$5.00	16.1%	4.6%	17.7%	0.0%	16.6%	-25.0%	13.1%	38.6K	-1.3M	-6.0K	0.39	66.64	38	15	4,394	940
2023-02-24	$7.96	$5.00	34.3%	9.8%	18.3%	17.2%	79.2%	-17.1%	-0.8%	36.6K	-1.2M	-6.3K	0.33	84.41	84	28	4,368	956
2023-02-27	$7.92	$2.50	31.1%	8.9%	18.1%	14.3%	0.0%	4.2%	3.1%	38.5K	-1.2M	-6.1K	0.00	86.33	223	0	4,451	973
2023-02-28	$7.89	$5.00	21.1%	6.0%	18.2%	4.8%	0.0%	-20.1%	5.0%	39.8K	-1.1M	-5.6K	0.00	57.89	27	0	4,481	966