HLN Options History — April 2023

In April 2023, HLN traded between $8.16 and $8.98. ATM implied volatility averaged 43.0%, placing in the 25.5% IV rank vs the trailing year. The 30-day expected move averaged 10.5%. IV traded above realized volatility by 17.1% (HV 20d: 26.0%). Max pain ranged from $7.50 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 0.25.

Notable Days

2023-04-10: Highest Volume — 1,411 contracts
2023-04-26: Largest IV spike — 76.6% change
2023-04-11: Highest IV Rank — 59.3%
2023-04-20: Largest Expected Move — 16.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$8.77	$8.16	$8.98	$8.16	$8.88
Max Pain	$7.50	$7.50	$7.50	$7.50	$7.50
ATM IV	43.0%	22.5%	78.7%	29.7%	33.3%
Expected Move	10.5%	6.4%	16.5%	8.5%	9.5%
HV 20d	26.0%	22.3%	28.1%	22.3%	25.5%
HV 60d	24.1%	23.0%	24.9%	23.0%	24.3%
IV Rank	25.5%	6.1%	59.3%	12.9%	16.3%
IV Percentile	61.4%	11.5%	97.5%	30.3%	48.0%
Term Structure	2.2%	-35.9%	37.7%	7.5%	-4.1%
VWIV	29.2%	19.5%	56.6%	27.5%	27.9%
Skew 25d	17.8%	-4.3%	34.1%	1.9%	19.4%
Skew 10d	12.2%	-9.9%	34.7%	-6.9%	19.4%
Call IV 25d	23.5%	18.8%	38.1%	33.4%	21.7%
Put IV 25d	41.3%	21.3%	54.3%	35.3%	41.0%
Bid-Ask Spread %	99.41	76.38	124.10	102.25	107.03
Gamma HHI	0.76	0.54	0.86	0.54	0.81
Net GEX	50.9K	27.7K	68.3K	41.1K	49.4K
Net DEX	-1.4M	-2.1M	-1.1M	-1.2M	-1.2M
Net VEX	-8.3K	-10.5K	-4.1K	-6.0K	-8.3K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.25	0.00	0.89	0.00	0.00
Total Volume	251.105	30	1,411	121	30
Total OI	8,008.105	5,626	8,950	5,729	8,944

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
2023-04-03	$8.16	$7.50	29.7%	8.5%	22.3%	12.9%	0.0%	1.9%	7.5%	41.1K	-1.2M	-6.0K	0.00	102.25	121	0	4,577	1,152
2023-04-04	$8.46	$7.50	31.6%	9.1%	24.8%	14.8%	27.5%	22.0%	-12.7%	27.7K	-1.6M	-4.1K	0.09	103.93	343	31	4,510	1,116
2023-04-05	$8.61	$7.50	48.2%	13.8%	25.3%	30.4%	56.6%	16.7%	-35.9%	31.7K	-1.8M	-4.5K	0.07	87.32	80	6	4,549	1,131
2023-04-06	$8.95	$7.50	75.8%	7.7%	27.7%	56.5%	27.1%	-4.3%	0.9%	56.9K	-2.1M	-5.6K	0.64	85.85	581	374	4,619	1,136
2023-04-10	$8.82	$7.50	70.2%	10.4%	28.1%	51.2%	25.7%	18.3%	7.2%	53.5K	-1.8M	-6.4K	0.68	112.99	841	570	5,138	1,480
2023-04-11	$8.75	$7.50	78.7%	11.1%	28.1%	59.3%	28.7%	29.7%	0.6%	58.5K	-1.6M	-10.4K	0.00	103.89	270	0	6,057	2,341
2023-04-12	$8.84	$7.50	38.4%	11.0%	26.8%	21.1%	27.2%	32.6%	9.2%	59.5K	-1.3M	-9.0K	0.33	120.85	206	67	5,984	2,341
2023-04-13	$8.77	$7.50	25.0%	7.2%	27.2%	8.5%	19.5%	2.6%	4.1%	34.5K	-1.1M	-7.3K	0.44	84.87	117	51	6,096	2,408
2023-04-14	$8.82	$7.50	35.8%	10.3%	26.5%	18.7%	20.3%	34.1%	6.6%	58.4K	-1.4M	-9.9K	0.66	97.38	177	116	6,145	2,459
2023-04-17	$8.68	$7.50	39.6%	11.4%	26.6%	22.3%	24.1%	28.3%	8.0%	49.1K	-1.1M	-9.2K	0.00	83.91	155	0	6,262	2,569
2023-04-18	$8.75	$7.50	22.5%	6.4%	26.6%	6.1%	0.0%	2.1%	5.4%	32.9K	-1.2M	-8.7K	0.89	76.38	62	55	6,283	2,569
2023-04-19	$8.75	$7.50	33.7%	9.7%	25.0%	16.7%	28.6%	21.5%	0.4%	52.0K	-1.2M	-9.4K	0.61	100.29	33	20	6,269	2,624
2023-04-20	$8.98	$7.50	57.5%	16.5%	26.0%	39.2%	37.5%	16.2%	37.7%	68.2K	-1.6M	-10.5K	0.04	124.10	149	6	6,285	2,604
2023-04-21	$8.91	$7.50	30.0%	8.6%	26.2%	13.2%	25.5%	9.8%	-4.2%	53.6K	-1.4M	-9.7K	0.03	97.36	95	3	6,340	2,610
2023-04-24	$8.93	$7.50	39.5%	11.3%	24.5%	22.1%	26.3%	20.2%	-2.9%	60.6K	-1.4M	-9.8K	0.00	99.98	47	0	6,318	2,531
2023-04-25	$8.77	$7.50	29.5%	8.5%	25.8%	12.7%	31.6%	13.1%	8.2%	46.2K	-1.2M	-9.0K	0.00	96.54	33	0	6,357	2,530
2023-04-26	$8.89	$7.50	52.1%	14.9%	25.1%	34.1%	31.9%	24.6%	-3.5%	68.3K	-1.5M	-9.9K	0.21	114.19	68	14	6,373	2,530
2023-04-27	$8.96	$7.50	46.7%	13.4%	25.1%	29.0%	31.0%	28.5%	9.9%	64.8K	-1.4M	-9.6K	0.00	89.67	50	0	6,388	2,529
2023-04-28	$8.88	$7.50	33.3%	9.5%	25.5%	16.3%	27.9%	19.4%	-4.1%	49.4K	-1.2M	-8.3K	0.00	107.03	30	0	6,415	2,529