HLN Options History — August 2023

In August 2023, HLN traded between $8.21 and $8.73. ATM implied volatility averaged 43.9%, placing in the 26.8% IV rank vs the trailing year. The 30-day expected move averaged 12.6%. IV traded above realized volatility by 18.5% (HV 20d: 25.4%). Max pain ranged from $7.50 to $10.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 8 of 23 days. Put/call ratio averaged 1.08.

Notable Days

  • 2023-08-02: Highest Volume — 201 contracts
  • 2023-08-11: Largest IV spike — 328.7% change
  • 2023-08-11: Highest IV Rank — 90.8%
  • 2023-08-11: Largest Expected Move — 32.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.38$8.21$8.73$8.54$8.21
Max Pain$7.72$7.50$10.00$10.00$7.50
ATM IV43.9%21.9%112.0%35.9%59.3%
Expected Move12.6%5.4%32.1%10.3%17.0%
HV 20d25.4%17.8%28.8%27.4%18.3%
HV 60d22.5%21.7%23.1%22.8%21.9%
IV Rank26.8%6.0%90.8%19.2%41.2%
IV Percentile60.3%9.9%99.6%59.9%90.5%
Term Structure-15.0%-76.4%25.4%-22.1%-44.4%
VWIV33.2%21.7%46.1%46.1%40.9%
Skew 25d19.0%-18.0%97.2%-4.5%-18.0%
Skew 10d41.9%-4.5%139.4%-3.0%20.6%
Call IV 25d30.5%19.2%49.8%32.3%49.8%
Put IV 25d49.5%21.5%129.2%27.8%31.8%
Bid-Ask Spread %106.3674.19145.0489.42110.24
Gamma HHI0.760.600.950.940.70
Net GEX11.5K5.8K19.1K19.1K8.8K
Net DEX188.5K-405.4K634.1K401.2K-342.0K
Net VEX-2.5K-2.9K-2.1K-2.7K-2.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.080.008.788.780.00
Total Volume64.522020117661
Total OI5,288.1742,4477,2367,1192,560

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-08-01$8.54$10.0035.9%10.3%27.4%19.2%46.1%-4.5%-22.1%19.1K401.2K-2.7K8.7889.42181584,7222,397
2023-08-02$8.34$10.0025.7%7.4%28.8%9.7%28.4%3.1%-9.6%10.0K546.3K-2.4K0.0376.2119654,7132,523
2023-08-03$8.38$7.5030.7%11.8%27.1%14.3%0.0%39.8%0.6%9.3K572.3K-2.2K0.00113.880554,5712,528
2023-08-04$8.27$7.5044.1%17.4%27.6%26.9%0.0%91.6%17.9%13.8K579.6K-2.9K5.00139.87154,5712,512
2023-08-07$8.38$7.5032.8%5.4%27.5%16.3%0.0%2.7%3.1%12.0K486.1K-2.5K0.00102.5020004,5722,507
2023-08-08$8.39$7.5034.0%6.4%27.4%17.4%0.0%-2.8%-4.3%10.9K588.4K-2.4K0.00105.60304,4802,507
2023-08-09$8.50$7.5021.9%6.3%27.1%6.0%0.0%0.5%-12.0%17.8K504.8K-2.8K0.00112.611704,4832,507
2023-08-10$8.63$7.5026.1%7.5%27.4%10.0%21.7%10.5%-9.2%15.8K485.9K-2.4K7.14124.297504,4752,507
2023-08-11$8.73$7.50112.0%32.1%27.4%90.8%0.0%97.2%-65.8%16.1K457.1K-2.7K0.00145.045404,4752,557
2023-08-14$8.66$7.5034.7%9.9%27.6%18.1%0.0%15.4%-18.8%16.2K474.0K-2.9K0.00100.842904,4372,557
2023-08-15$8.57$7.5028.0%8.0%27.9%11.8%0.0%4.8%-12.0%13.5K526.3K-2.9K0.02108.284414,4372,557
2023-08-16$8.36$7.5062.4%17.9%27.5%44.2%28.9%67.5%-11.0%10.6K574.6K-2.5K0.02108.3612624,4562,557
2023-08-17$8.29$7.5030.6%8.8%27.2%14.2%0.0%18.4%25.4%7.6K603.4K-2.5K0.00120.430214,5172,592
2023-08-18$8.23$7.5072.7%20.8%26.1%53.9%0.0%86.0%16.1%5.8K634.1K-2.3K0.58102.9462364,5172,601
2023-08-21$8.27$7.5037.8%10.8%24.9%21.0%0.0%30.3%9.7%7.1K-305.4K-2.1K0.0084.677401,680767
2023-08-22$8.23$7.5034.8%10.0%24.6%18.2%0.0%23.2%8.4%9.0K-303.2K-2.6K0.0689.536341,726767
2023-08-23$8.38$7.5033.1%9.5%25.3%16.5%40.9%-2.1%12.1%10.4K-354.9K-2.6K0.0075.422301,756771
2023-08-24$8.27$7.5030.3%8.7%25.0%14.0%0.0%-4.4%-20.5%8.5K-308.8K-2.5K0.0074.1913101,775771
2023-08-25$8.27$7.5043.1%12.4%22.2%26.0%0.0%7.0%-28.8%9.8K-333.8K-2.6K0.0088.762401,796760
2023-08-28$8.27$7.5062.6%17.9%21.8%44.3%0.0%-14.1%-76.4%11.6K-405.4K-2.8K0.00133.481201,813733
2023-08-29$8.30$7.5056.1%16.1%19.6%38.3%0.0%-6.1%-41.7%9.1K-356.2K-2.3K0.00133.94201,825733
2023-08-30$8.32$7.5061.5%17.6%17.8%43.3%0.0%-8.8%-60.8%11.2K-388.7K-2.5K0.00105.81001,827733
2023-08-31$8.21$7.5059.3%17.0%18.3%41.2%0.0%-18.0%-44.4%8.8K-342.0K-2.3K0.00110.246101,827733