HLN Options History — October 2023

In October 2023, HLN traded between $7.79 and $8.52. ATM implied volatility averaged 32.6%, placing in the 14.7% IV rank vs the trailing year. The 30-day expected move averaged 8.0%. IV traded above realized volatility by 12.1% (HV 20d: 20.5%). Max pain ranged from $7.50 to $7.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 0.49.

Notable Days

  • 2023-10-17: Highest Volume — 227 contracts
  • 2023-10-11: Largest IV drop — 68.9% change
  • 2023-10-10: Highest IV Rank — 43.1%
  • 2023-10-02: Largest Expected Move — 14.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.25$7.79$8.52$8.27$8.07
Max Pain$7.50$7.50$7.50$7.50$7.50
ATM IV32.6%19.9%65.7%51.3%29.3%
Expected Move8.0%5.7%14.7%14.7%8.4%
HV 20d20.5%18.2%24.7%23.1%24.7%
HV 60d22.1%20.2%23.0%23.0%21.7%
IV Rank14.7%3.8%43.1%30.7%11.9%
IV Percentile43.7%7.5%94.0%84.1%37.3%
Term Structure1.5%-44.9%75.5%-44.9%-7.5%
VWIV30.2%19.5%43.2%19.9%35.6%
Skew 25d2.2%-10.0%42.0%-9.0%-10.0%
Skew 10d18.6%-6.4%211.5%31.2%89.3%
Call IV 25d27.5%18.7%42.6%42.6%35.3%
Put IV 25d29.7%20.3%76.3%33.7%25.3%
Bid-Ask Spread %46.1623.55106.27106.2734.38
Gamma HHI0.810.510.970.910.85
Net GEX10.8K2.9K15.6K14.3K7.9K
Net DEX-610.3K-750.1K-424.2K-525.0K-597.3K
Net VEX-2.2K-2.7K-1.6K-2.5K-2.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.490.002.980.070.00
Total Volume63.7739227759
Total OI3,443.8643,1553,5773,1553,460

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-10-02$8.27$7.5051.3%14.7%23.1%30.7%0.0%-9.0%-44.9%14.3K-525.0K-2.5K0.07106.277052,424731
2023-10-03$8.30$7.5026.6%7.6%22.3%9.5%0.0%-0.8%7.2%15.6K-544.8K-2.7K0.0038.393702,446736
2023-10-04$8.36$7.5024.9%7.1%21.3%8.1%0.0%-3.8%-5.4%10.3K-617.4K-1.8K0.0040.361202,445736
2023-10-05$8.34$7.5037.5%7.5%20.0%18.9%0.0%3.4%-1.5%12.2K-593.0K-2.2K2.9870.75441312,454736
2023-10-06$8.46$7.5040.5%7.0%20.1%21.4%19.9%8.4%-15.3%14.2K-678.9K-1.9K0.2558.552462,528827
2023-10-09$8.52$7.5050.8%5.9%18.6%30.3%20.9%3.0%10.5%11.4K-708.6K-1.8K0.0933.36112102,531833
2023-10-10$8.46$7.5065.7%5.9%18.2%43.1%0.0%2.0%4.0%11.1K-712.0K-1.6K0.4037.7260242,577843
2023-10-11$8.48$7.5020.4%5.9%18.2%4.2%19.5%3.0%8.6%11.1K-710.9K-1.9K0.0039.001202,622878
2023-10-12$8.29$7.5019.9%5.7%18.5%3.8%20.9%-1.0%5.5%9.0K-650.6K-1.9K2.3334.336142,622878
2023-10-13$8.11$7.5033.4%9.6%20.1%15.4%33.4%9.1%-7.3%9.9K-497.0K-2.5K0.2240.102762,625880
2023-10-16$8.21$7.5026.9%7.7%20.0%9.8%34.7%-3.9%-10.8%11.4K-558.1K-2.5K0.0039.892502,624886
2023-10-17$8.36$7.5026.7%7.7%21.0%9.6%31.9%4.3%-6.7%12.9K-636.3K-2.3K0.3123.55173542,635886
2023-10-18$8.25$7.5020.9%6.0%20.1%4.7%0.0%3.6%3.0%8.5K-661.0K-1.9K0.0026.750312,681896
2023-10-19$8.18$7.5035.0%10.0%20.3%16.8%43.2%-3.8%75.5%15.0K-546.0K-2.7K0.0073.123502,681889
2023-10-20$8.21$7.5031.0%8.9%19.4%13.3%0.0%-8.5%-13.0%14.9K-576.7K-2.7K1.3337.4955732,681889
2023-10-23$8.29$7.5021.7%6.2%19.4%5.3%0.0%3.9%30.6%10.8K-750.1K-2.0K0.0042.725202,718804
2023-10-24$8.27$7.5025.3%7.3%19.4%8.4%32.7%-8.1%-1.8%11.0K-676.5K-2.4K0.0034.531302,733804
2023-10-25$8.20$7.5025.4%7.3%19.6%8.5%24.3%3.3%5.7%9.0K-703.9K-2.0K0.0057.023202,729804
2023-10-26$8.02$7.5038.5%11.0%20.6%19.8%38.5%4.9%-9.4%8.0K-516.4K-2.5K0.2543.852052,721804
2023-10-27$7.79$7.5033.1%9.5%21.4%15.1%32.1%42.0%2.3%2.9K-424.2K-2.5K0.0067.903302,741805
2023-10-30$8.04$7.5032.1%9.2%24.7%14.3%35.2%6.2%4.5%6.7K-541.4K-2.3K1.9735.57651282,742800
2023-10-31$8.07$7.5029.3%8.4%24.7%11.9%35.6%-10.0%-7.5%7.9K-597.3K-2.2K0.0034.38902,725735