HLN Options History — February 2024

In February 2024, HLN traded between $8.04 and $8.57. ATM implied volatility averaged 28.4%, placing in the 11.1% IV rank vs the trailing year. The 30-day expected move averaged 7.2%. IV traded above realized volatility by 8.3% (HV 20d: 20.1%). 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 6 of 20 days. Put/call ratio averaged 3.74.

Notable Days

2024-02-22: Highest Volume — 341 contracts
2024-02-28: Largest IV spike — 94.6% change
2024-02-28: Highest IV Rank — 29.6%
2024-02-28: Largest Expected Move — 14.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$8.27	$8.04	$8.57	$8.39	$8.57
Max Pain	$7.50	$7.50	$7.50	$7.50	$7.50
ATM IV	28.4%	18.6%	50.0%	30.3%	32.2%
Expected Move	7.2%	5.3%	14.3%	6.5%	9.2%
HV 20d	20.1%	17.1%	29.5%	21.0%	29.5%
HV 60d	18.5%	17.8%	22.7%	18.1%	22.7%
IV Rank	11.1%	2.7%	29.6%	12.7%	14.4%
IV Percentile	38.1%	6.3%	81.7%	50.8%	55.6%
Term Structure	-2.9%	-66.8%	44.6%	-2.7%	-12.2%
VWIV	44.4%	17.2%	112.8%	23.3%	33.6%
Skew 25d	1.3%	-24.5%	13.7%	8.0%	9.1%
Skew 10d	-0.7%	-16.8%	74.5%	-0.6%	7.0%
Call IV 25d	29.5%	24.5%	48.8%	25.3%	29.2%
Put IV 25d	30.7%	19.0%	40.4%	33.2%	38.3%
Bid-Ask Spread %	93.87	57.96	117.08	115.67	58.00
Gamma HHI	0.84	0.72	0.93	0.79	0.91
Net GEX	9.6K	5.1K	14.5K	6.3K	14.5K
Net DEX	-533.3K	-646.9K	-372.6K	-646.9K	-599.9K
Net VEX	-1.7K	-2.1K	-1.1K	-1.1K	-1.7K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	3.74	0.00	36.33	32.88	0.19
Total Volume	84.95	1	341	271	172
Total OI	2,641.4	1,914	3,085	3,044	2,607

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
2024-02-01	$8.39	$7.50	30.3%	6.5%	21.0%	12.7%	0.0%	8.0%	-2.7%	6.3K	-646.9K	-1.1K	32.88	115.67	8	263	2,087	957
2024-02-02	$8.30	$7.50	43.4%	7.0%	21.2%	24.0%	0.0%	3.5%	-6.1%	9.0K	-578.8K	-1.8K	0.00	117.08	9	0	2,090	735
2024-02-05	$8.34	$7.50	40.2%	7.1%	21.2%	21.2%	0.0%	5.6%	-4.4%	8.5K	-611.8K	-1.6K	0.00	115.95	0	2	2,089	735
2024-02-06	$8.38	$7.50	47.6%	7.0%	19.5%	27.5%	0.0%	7.3%	-2.3%	11.8K	-589.0K	-1.6K	0.00	114.77	1	0	2,089	733
2024-02-07	$8.36	$7.50	23.3%	6.7%	19.5%	6.7%	23.3%	10.4%	-0.5%	14.4K	-568.0K	-2.0K	0.00	101.11	51	0	2,090	733
2024-02-08	$8.27	$7.50	23.5%	6.7%	19.7%	6.9%	0.0%	3.9%	0.7%	7.5K	-563.8K	-1.6K	0.00	87.41	11	0	2,122	733
2024-02-09	$8.14	$7.50	22.3%	6.4%	20.2%	5.9%	33.6%	-10.2%	-4.9%	6.5K	-562.1K	-1.5K	0.06	85.04	202	13	2,125	733
2024-02-12	$8.16	$7.50	18.6%	5.3%	20.3%	2.7%	18.6%	-3.0%	14.8%	9.0K	-597.7K	-1.8K	0.06	88.53	77	5	2,189	746
2024-02-13	$8.07	$7.50	20.8%	6.0%	19.9%	4.5%	20.8%	-1.9%	6.6%	6.1K	-534.2K	-1.6K	1.00	101.35	16	16	2,237	748
2024-02-14	$8.04	$7.50	19.9%	5.7%	19.9%	3.7%	17.2%	-8.9%	3.2%	5.1K	-519.8K	-1.7K	36.33	108.93	3	109	2,235	759
2024-02-15	$8.20	$7.50	27.5%	7.9%	21.1%	10.3%	0.0%	-4.5%	44.6%	7.8K	-580.9K	-2.1K	0.00	108.80	10	0	2,228	857
2024-02-16	$8.21	$7.50	20.8%	6.0%	20.4%	4.5%	0.0%	8.7%	-3.4%	9.7K	-613.9K	-1.8K	0.00	109.03	3	0	2,223	857
2024-02-20	$8.29	$7.50	20.0%	5.7%	20.7%	3.9%	0.0%	13.7%	-3.9%	8.5K	-393.4K	-1.4K	0.14	104.93	59	8	1,442	472
2024-02-21	$8.29	$7.50	25.3%	7.2%	19.8%	8.4%	0.0%	0.3%	22.5%	9.3K	-426.5K	-1.7K	0.00	94.63	32	0	1,501	480
2024-02-22	$8.36	$7.50	26.2%	7.5%	17.3%	9.2%	0.0%	7.5%	-12.1%	11.2K	-446.5K	-1.8K	0.00	83.98	341	0	1,520	480
2024-02-23	$8.41	$7.50	22.3%	6.4%	17.3%	5.8%	0.0%	0.2%	-7.8%	9.1K	-520.3K	-1.2K	0.00	74.98	30	0	1,657	480
2024-02-26	$8.29	$7.50	28.7%	8.2%	17.7%	11.4%	0.0%	-0.0%	-14.6%	14.0K	-477.1K	-2.1K	0.00	65.22	4	0	1,866	480
2024-02-27	$8.25	$7.50	25.7%	7.4%	17.1%	8.8%	95.1%	-0.1%	-9.4%	13.4K	-461.9K	-2.0K	0.00	57.96	1	0	1,876	480
2024-02-28	$8.05	$7.50	50.0%	14.3%	19.1%	29.6%	112.8%	-24.5%	-66.8%	9.7K	-372.6K	-2.1K	0.46	84.00	173	80	1,877	480
2024-02-29	$8.57	$7.50	32.2%	9.2%	29.5%	14.4%	33.6%	9.1%	-12.2%	14.5K	-599.9K	-1.7K	0.19	58.00	145	27	2,047	560