HLN Options History — January 2024

In January 2024, HLN traded between $8.05 and $8.66. ATM implied volatility averaged 26.5%, placing in the 9.4% IV rank vs the trailing year. The 30-day expected move averaged 6.8%. IV traded above realized volatility by 10.1% (HV 20d: 16.4%). Max pain ranged from $7.50 to $7.50. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 5 of 21 days. Put/call ratio averaged 0.74.

Notable Days

2024-01-16: Highest Volume — 452 contracts
2024-01-10: Largest IV drop — 46.5% change
2024-01-09: Highest IV Rank — 24.2%
2024-01-16: Largest Expected Move — 8.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$8.39	$8.05	$8.66	$8.23	$8.18
Max Pain	$7.50	$7.50	$7.50	$7.50	$7.50
ATM IV	26.5%	17.8%	43.7%	26.4%	23.3%
Expected Move	6.8%	5.1%	8.5%	7.6%	6.7%
HV 20d	16.4%	13.9%	19.5%	18.1%	19.5%
HV 60d	19.2%	17.6%	20.5%	20.1%	17.6%
IV Rank	9.4%	2.0%	24.2%	9.3%	6.7%
IV Percentile	33.3%	5.2%	79.4%	35.7%	23.8%
Term Structure	-4.9%	-19.9%	6.3%	-7.1%	-0.3%
VWIV	42.8%	22.3%	105.2%	26.7%	62.2%
Skew 25d	-7.3%	-86.0%	14.2%	-1.6%	-86.0%
Skew 10d	-18.0%	-133.6%	5.1%	-4.6%	-133.6%
Call IV 25d	40.5%	18.9%	143.4%	31.0%	143.4%
Put IV 25d	33.2%	20.3%	57.4%	29.4%	57.4%
Bid-Ask Spread %	86.59	71.47	103.65	71.47	100.27
Gamma HHI	0.75	0.50	0.98	0.62	0.65
Net GEX	8.5K	-91	18.9K	9.7K	5.4K
Net DEX	-610.7K	-723.2K	-485.8K	-499.8K	-577.9K
Net VEX	-1.6K	-2.0K	-1.1K	-1.7K	-1.6K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.74	0.00	5.11	0.27	0.00
Total Volume	69.524	0	452	127	17
Total OI	2,738.143	2,254	3,250	2,254	3,027

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
2024-01-02	$8.23	$7.50	26.4%	7.6%	18.1%	9.3%	26.7%	-1.6%	-7.1%	9.7K	-499.8K	-1.7K	0.27	71.47	100	27	1,712	542
2024-01-03	$8.34	$7.50	28.8%	8.3%	18.6%	11.4%	0.0%	0.9%	-9.5%	7.4K	-584.0K	-1.4K	0.00	84.31	4	0	1,807	569
2024-01-04	$8.39	$7.50	30.8%	5.5%	14.5%	13.1%	0.0%	1.5%	5.0%	7.6K	-594.2K	-1.5K	0.00	72.37	0	0	1,810	569
2024-01-05	$8.45	$7.50	32.5%	5.7%	14.1%	14.6%	0.0%	-0.6%	6.3%	7.9K	-612.1K	-1.5K	0.00	85.36	214	0	1,829	569
2024-01-08	$8.64	$7.50	37.5%	6.1%	15.4%	18.9%	0.0%	2.1%	-5.8%	12.6K	-703.2K	-1.7K	0.00	84.34	31	0	1,991	569
2024-01-09	$8.64	$7.50	43.7%	6.8%	15.4%	24.2%	24.3%	4.1%	-12.4%	14.2K	-709.0K	-1.6K	0.33	86.35	3	1	2,022	569
2024-01-10	$8.66	$7.50	23.4%	6.7%	15.3%	6.8%	0.0%	1.1%	1.1%	14.2K	-697.0K	-1.7K	0.00	83.82	1	0	2,021	570
2024-01-11	$8.66	$7.50	27.4%	7.8%	15.3%	10.2%	0.0%	10.2%	-19.9%	18.9K	-723.2K	-1.9K	0.00	97.16	4	0	2,022	570
2024-01-12	$8.64	$7.50	26.5%	7.6%	15.1%	9.5%	0.0%	9.3%	-3.5%	16.3K	-706.7K	-2.0K	0.00	96.13	69	0	2,026	570
2024-01-16	$8.50	$7.50	29.5%	8.5%	16.1%	12.0%	23.5%	2.3%	-16.2%	12.5K	-637.6K	-1.6K	5.11	86.34	74	378	1,975	570
2024-01-17	$8.45	$7.50	23.8%	6.8%	14.2%	7.2%	23.2%	12.8%	-7.2%	7.8K	-626.4K	-1.6K	1.60	85.31	5	8	2,026	931
2024-01-18	$8.36	$7.50	24.5%	7.0%	13.9%	7.8%	22.3%	9.4%	-9.0%	6.8K	-618.0K	-1.6K	0.00	84.46	0	287	2,030	935
2024-01-19	$8.48	$7.50	21.3%	6.1%	14.6%	5.0%	23.3%	13.8%	-2.3%	8.2K	-632.3K	-1.3K	2.50	84.32	4	10	2,030	1,220
2024-01-22	$8.43	$7.50	22.0%	6.3%	14.6%	5.6%	0.0%	11.1%	-6.0%	8.0K	-610.5K	-1.4K	0.00	83.66	22	0	1,933	903
2024-01-23	$8.29	$7.50	22.2%	6.4%	15.8%	5.8%	0.0%	10.3%	-4.1%	6.1K	-576.7K	-1.6K	0.50	83.04	2	1	1,952	903
2024-01-24	$8.07	$7.50	17.8%	5.1%	18.5%	2.0%	90.9%	-81.9%	0.4%	3.0K	-507.1K	-1.5K	1.67	79.64	30	50	1,953	903
2024-01-25	$8.05	$7.50	20.7%	5.9%	18.4%	4.5%	26.2%	-9.3%	-5.4%	-91	-485.8K	-1.6K	1.00	76.45	11	11	1,971	953
2024-01-26	$8.16	$7.50	20.7%	5.9%	18.7%	4.5%	105.2%	-75.4%	1.2%	4.1K	-566.6K	-1.5K	0.06	103.65	34	2	1,977	964
2024-01-29	$8.27	$7.50	29.3%	8.4%	19.3%	11.8%	0.0%	14.2%	-7.7%	2.7K	-582.9K	-1.1K	0.00	91.61	58	0	2,011	964
2024-01-30	$8.21	$7.50	24.1%	6.9%	19.4%	7.4%	62.2%	-1.5%	-0.9%	5.4K	-574.1K	-1.6K	1.00	98.42	1	1	2,069	964
2024-01-31	$8.18	$7.50	23.3%	6.7%	19.5%	6.7%	0.0%	-86.0%	-0.3%	5.4K	-577.9K	-1.6K	0.00	100.27	17	0	2,070	957