HLN Options History — September 2023

In September 2023, HLN traded between $7.84 and $8.34. ATM implied volatility averaged 55.6%, placing in the 35.7% IV rank vs the trailing year. The 30-day expected move averaged 10.5%. IV traded above realized volatility by 34.5% (HV 20d: 21.2%). Max pain ranged from $7.50 to $7.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 7 of 20 days. Put/call ratio averaged 1.10.

Notable Days

2023-09-07: Highest Volume — 195 contracts
2023-09-07: Largest IV spike — 148.3% change
2023-09-11: Highest IV Rank — 100.0%
2023-09-01: Largest Expected Move — 24.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$8.13	$7.84	$8.34	$8.09	$8.34
Max Pain	$7.50	$7.50	$7.50	$7.50	$7.50
ATM IV	55.6%	16.2%	132.1%	84.2%	58.5%
Expected Move	10.5%	4.6%	24.2%	24.2%	16.8%
HV 20d	21.2%	18.2%	23.5%	18.4%	23.5%
HV 60d	22.9%	22.0%	23.5%	22.0%	23.0%
IV Rank	35.7%	0.6%	100.0%	64.7%	36.9%
IV Percentile	63.9%	0.8%	100.0%	98.0%	89.7%
Term Structure	-13.5%	-45.0%	15.1%	-39.7%	-33.5%
VWIV	38.6%	38.6%	38.6%	38.6%	38.6%
Skew 25d	11.8%	-16.1%	76.0%	50.5%	18.0%
Skew 10d	40.3%	-30.5%	174.2%	128.8%	53.3%
Call IV 25d	30.7%	20.0%	49.7%	49.7%	35.7%
Put IV 25d	42.5%	20.1%	105.8%	100.2%	53.7%
Bid-Ask Spread %	89.86	34.54	133.92	133.92	120.04
Gamma HHI	0.68	0.53	0.88	0.57	0.87
Net GEX	8.1K	2.5K	15.9K	4.5K	14.6K
Net DEX	-374.2K	-554.2K	-171.2K	-269.5K	-554.2K
Net VEX	-2.4K	-3.2K	-2.1K	-2.2K	-2.2K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.10	0.00	20.00	0.00	0.61
Total Volume	58.7	0	195	105	79
Total OI	2,887.4	2,616	3,144	2,616	3,144

Daily Data (20 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
2023-09-01	$8.09	$7.50	84.2%	24.2%	18.4%	64.7%	0.0%	50.5%	-39.7%	4.5K	-269.5K	-2.2K	0.00	133.92	105	0	1,883	733
2023-09-05	$7.97	$7.50	72.3%	7.4%	18.2%	53.5%	0.0%	3.8%	-2.6%	2.5K	-245.0K	-2.2K	0.00	94.93	26	0	1,922	733
2023-09-06	$7.84	$7.50	38.5%	10.9%	18.8%	21.7%	0.0%	76.0%	-12.4%	2.8K	-171.2K	-2.2K	0.00	104.53	4	0	1,927	733
2023-09-07	$8.02	$7.50	95.7%	11.0%	20.2%	75.4%	38.6%	39.1%	-12.2%	4.9K	-283.8K	-2.3K	0.00	105.20	195	0	1,927	708
2023-09-08	$7.95	$7.50	85.2%	7.3%	19.1%	65.6%	0.0%	3.6%	1.5%	4.7K	-259.5K	-2.4K	20.00	99.72	4	80	1,984	708
2023-09-11	$8.14	$7.50	132.1%	5.4%	20.8%	100.0%	0.0%	9.1%	8.7%	7.3K	-360.4K	-2.2K	0.00	97.55	24	0	1,988	758
2023-09-12	$8.04	$7.50	132.0%	8.6%	21.0%	99.9%	0.0%	-6.7%	-17.1%	3.8K	-325.3K	-2.4K	0.08	113.27	12	1	1,997	758
2023-09-13	$8.04	$7.50	16.2%	4.6%	20.9%	0.6%	0.0%	-16.1%	-0.1%	3.8K	-323.0K	-2.1K	0.06	36.98	50	3	2,004	758
2023-09-14	$8.23	$7.50	19.4%	5.6%	21.3%	3.4%	0.0%	-1.1%	3.0%	7.1K	-397.8K	-2.2K	0.00	74.34	59	0	2,024	761
2023-09-15	$8.27	$7.50	16.7%	4.8%	21.2%	1.0%	0.0%	1.1%	15.1%	10.4K	-413.3K	-2.5K	0.12	34.65	100	12	2,074	761
2023-09-18	$8.16	$7.50	22.5%	6.4%	21.6%	6.0%	0.0%	-4.9%	1.3%	8.2K	-375.0K	-2.4K	0.01	34.54	167	1	2,096	761
2023-09-19	$8.14	$7.50	19.4%	5.5%	21.5%	3.3%	0.0%	10.9%	5.4%	7.8K	-390.4K	-2.4K	0.00	75.06	40	0	2,242	761
2023-09-20	$8.32	$7.50	21.2%	6.1%	22.9%	4.9%	0.0%	11.3%	4.6%	12.5K	-518.3K	-2.1K	0.00	64.14	10	0	2,262	761
2023-09-21	$8.32	$7.50	42.3%	12.1%	21.9%	23.0%	0.0%	14.3%	-25.4%	15.9K	-518.7K	-3.2K	0.00	82.42	24	0	2,272	761
2023-09-22	$8.18	$7.50	40.6%	11.7%	22.2%	21.6%	0.0%	-9.6%	-34.1%	15.9K	-471.0K	-3.0K	0.00	111.25	114	0	2,296	761
2023-09-25	$8.11	$7.50	60.6%	17.4%	22.4%	38.7%	0.0%	9.3%	-43.3%	6.9K	-381.5K	-2.7K	0.00	91.67	29	0	2,360	761
2023-09-26	$8.11	$7.50	39.1%	11.2%	22.4%	20.3%	0.0%	14.5%	-6.1%	10.0K	-411.3K	-2.5K	0.00	76.31	0	0	2,360	761
2023-09-27	$8.07	$7.50	57.5%	16.5%	22.4%	36.0%	0.0%	6.5%	-45.0%	7.6K	-384.7K	-2.4K	0.00	117.79	6	0	2,360	761
2023-09-28	$8.18	$7.50	59.2%	17.0%	23.0%	37.5%	0.0%	6.7%	-37.9%	10.8K	-430.7K	-2.5K	0.00	128.90	29	0	2,366	761
2023-09-29	$8.34	$7.50	58.5%	16.8%	23.5%	36.9%	0.0%	18.0%	-33.5%	14.6K	-554.2K	-2.2K	0.61	120.04	49	30	2,383	761