HLN Options History — November 2023

In November 2023, HLN traded between $7.96 and $8.64. ATM implied volatility averaged 33.0%, placing in the 15.0% IV rank vs the trailing year. The 30-day expected move averaged 9.3%. IV traded above realized volatility by 10.6% (HV 20d: 22.4%). Max pain ranged from $7.50 to $7.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 0.30.

Notable Days

2023-11-29: Highest Volume — 91 contracts
2023-11-28: Largest IV spike — 108.9% change
2023-11-28: Highest IV Rank — 54.5%
2023-11-28: Largest Expected Move — 22.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$8.25	$7.96	$8.64	$8.13	$8.54
Max Pain	$7.50	$7.50	$7.50	$7.50	$7.50
ATM IV	33.0%	16.1%	79.1%	25.1%	69.3%
Expected Move	9.3%	4.6%	22.7%	7.2%	19.9%
HV 20d	22.4%	16.1%	25.6%	24.7%	16.8%
HV 60d	21.5%	21.0%	22.0%	21.8%	21.0%
IV Rank	15.0%	0.5%	54.5%	8.3%	46.2%
IV Percentile	39.3%	0.8%	97.2%	22.2%	94.4%
Term Structure	-5.6%	-43.2%	12.8%	4.7%	-25.1%
VWIV	37.3%	17.9%	97.5%	18.2%	97.5%
Skew 25d	1.2%	-68.6%	23.9%	-3.8%	18.5%
Skew 10d	29.8%	-93.4%	113.7%	-8.0%	36.7%
Call IV 25d	31.2%	21.9%	99.5%	32.6%	39.3%
Put IV 25d	32.4%	19.6%	57.8%	28.9%	57.8%
Bid-Ask Spread %	85.58	35.65	130.90	35.65	124.04
Gamma HHI	0.61	0.51	0.95	0.57	0.64
Net GEX	11.8K	5.9K	17.0K	9.7K	17.0K
Net DEX	-645.0K	-770.5K	-482.6K	-689.8K	-608.8K
Net VEX	-1.9K	-2.3K	-1.7K	-1.9K	-1.9K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.30	0.00	2.07	1.43	0.00
Total Volume	35.857	0	91	6	0
Total OI	2,914.333	1,704	3,699	3,467	1,975

Daily Data (21 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
2023-11-01	$8.13	$7.50	25.1%	7.2%	24.7%	8.3%	0.0%	-3.8%	4.7%	9.7K	-689.8K	-1.9K	0.00	35.65	0	6	2,732	735
2023-11-02	$7.96	$7.50	31.7%	9.0%	25.6%	13.9%	0.0%	12.6%	-2.9%	5.9K	-523.2K	-2.3K	1.43	82.89	23	33	2,732	735
2023-11-03	$8.07	$7.50	33.5%	8.1%	25.6%	15.5%	0.0%	4.4%	-0.3%	8.1K	-569.8K	-2.2K	0.00	74.93	3	0	2,739	766
2023-11-06	$8.09	$7.50	25.5%	6.9%	25.4%	8.6%	0.0%	-4.9%	-2.4%	9.7K	-682.9K	-1.8K	2.07	84.53	29	60	2,736	766
2023-11-07	$8.07	$7.50	24.2%	5.3%	25.4%	7.5%	18.2%	-1.0%	8.4%	9.6K	-692.5K	-2.0K	0.00	84.75	2	0	2,746	826
2023-11-08	$8.07	$7.50	24.5%	7.0%	25.3%	7.7%	0.0%	-5.4%	-3.0%	8.7K	-673.8K	-2.0K	0.00	83.50	44	0	2,749	826
2023-11-09	$8.09	$7.50	23.6%	6.8%	24.2%	7.0%	0.0%	-4.3%	0.1%	9.4K	-698.3K	-2.0K	0.03	84.87	33	1	2,764	826
2023-11-10	$8.07	$7.50	22.5%	6.5%	23.0%	6.0%	0.0%	-3.2%	1.9%	10.4K	-746.5K	-1.9K	0.00	90.26	5	0	2,776	827
2023-11-13	$8.00	$7.50	22.4%	6.4%	22.7%	5.9%	25.4%	-5.5%	-1.4%	8.2K	-678.0K	-1.8K	0.00	70.84	45	0	2,773	827
2023-11-14	$8.18	$7.50	16.1%	4.6%	23.2%	0.5%	0.0%	-68.6%	12.8%	11.4K	-721.7K	-1.9K	0.00	83.83	82	0	2,791	827
2023-11-15	$8.23	$7.50	24.8%	7.1%	22.8%	8.0%	0.0%	3.9%	6.9%	12.3K	-770.5K	-1.8K	0.05	85.12	19	1	2,872	827
2023-11-16	$8.25	$7.50	19.3%	5.5%	22.6%	3.2%	17.9%	-6.4%	-2.0%	12.5K	-739.1K	-2.0K	0.00	86.02	7	0	2,858	828
2023-11-17	$8.23	$7.50	24.0%	6.9%	22.6%	7.3%	0.0%	1.2%	-2.9%	12.2K	-747.6K	-2.0K	0.38	94.10	26	10	2,855	828
2023-11-20	$8.25	$7.50	20.9%	6.0%	22.4%	4.6%	0.0%	-0.8%	-3.0%	12.2K	-482.6K	-1.8K	0.06	71.31	34	2	1,413	291
2023-11-21	$8.32	$7.50	29.9%	8.6%	22.5%	12.3%	0.0%	9.2%	-7.6%	13.0K	-503.1K	-1.8K	0.00	84.62	26	0	1,441	293
2023-11-22	$8.34	$7.50	32.2%	9.2%	22.3%	14.4%	27.6%	5.2%	-12.0%	13.5K	-523.3K	-1.8K	0.26	72.81	39	10	1,466	293
2023-11-24	$8.57	$7.50	33.5%	9.6%	22.4%	15.5%	0.0%	15.2%	-8.2%	15.4K	-582.6K	-2.0K	1.25	83.06	40	50	1,488	298
2023-11-27	$8.61	$7.50	37.9%	10.9%	18.9%	19.2%	0.0%	16.3%	-10.7%	16.0K	-630.3K	-2.1K	0.13	58.95	15	2	1,528	348
2023-11-28	$8.64	$7.50	79.1%	22.7%	16.1%	54.5%	0.0%	23.9%	-43.2%	17.0K	-656.4K	-1.7K	0.00	130.90	15	0	1,542	350
2023-11-29	$8.55	$7.50	73.0%	20.9%	16.8%	49.4%	97.5%	18.6%	-28.1%	16.6K	-624.6K	-1.8K	0.00	130.16	91	0	1,558	350
2023-11-30	$8.54	$7.50	69.3%	19.9%	16.8%	46.2%	0.0%	18.5%	-25.1%	17.0K	-608.8K	-1.9K	0.00	124.04	0	0	1,625	350