HLN Options History — March 2024

In March 2024, HLN traded between $8.05 and $8.66. ATM implied volatility averaged 35.4%, placing in the 17.1% IV rank vs the trailing year. The 30-day expected move averaged 7.0%. IV traded above realized volatility by 2.3% (HV 20d: 33.2%). Max pain ranged from $7.50 to $10.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 6 of 20 days. Put/call ratio averaged 2.36.

Notable Days

2024-03-19: Highest Volume — 1,300 contracts
2024-03-14: Largest IV spike — 246.9% change
2024-03-01: Highest IV Rank — 55.0%
2024-03-01: Largest Expected Move — 22.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$8.41	$8.05	$8.66	$8.39	$8.50
Max Pain	$7.63	$7.50	$10.00	$10.00	$7.50
ATM IV	35.4%	16.2%	79.6%	79.6%	26.1%
Expected Move	7.0%	4.3%	22.8%	22.8%	7.5%
HV 20d	33.2%	29.2%	38.1%	29.3%	29.6%
HV 60d	24.1%	21.9%	26.2%	23.0%	26.2%
IV Rank	17.1%	0.6%	55.0%	55.0%	9.1%
IV Percentile	45.4%	1.2%	96.4%	96.4%	37.7%
Term Structure	-12.0%	-102.9%	7.4%	-102.9%	-11.7%
VWIV	36.0%	19.2%	85.8%	47.1%	25.1%
Skew 25d	-2.2%	-16.5%	8.2%	-16.5%	-5.7%
Skew 10d	3.9%	-12.4%	70.2%	17.7%	-7.3%
Call IV 25d	26.1%	17.0%	50.1%	50.1%	30.3%
Put IV 25d	23.9%	17.9%	33.6%	33.6%	24.6%
Bid-Ask Spread %	81.37	56.96	104.01	70.52	73.05
Gamma HHI	0.84	0.50	0.99	0.90	0.77
Net GEX	15.3K	9.7K	22.2K	11.2K	16.4K
Net DEX	-649.3K	-930.5K	-337.1K	-508.8K	-930.5K
Net VEX	-2.2K	-3.1K	-1.6K	-1.9K	-2.2K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	2.36	0.00	30.00	0.03	0.00
Total Volume	187.2	0	1,300	36	78
Total OI	3,147.5	2,508	3,760	2,744	3,760

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
2024-03-01	$8.39	$10.00	79.6%	22.8%	29.3%	55.0%	47.1%	-16.5%	-102.9%	11.2K	-508.8K	-1.9K	0.03	70.52	35	1	2,157	587
2024-03-04	$8.30	$7.50	33.4%	4.9%	29.3%	15.4%	0.0%	0.7%	2.0%	14.8K	-454.1K	-2.3K	30.00	95.65	1	30	2,192	588
2024-03-05	$8.32	$7.50	40.9%	4.9%	29.3%	21.8%	0.0%	2.7%	-5.1%	9.7K	-516.1K	-1.6K	0.00	91.57	2	0	2,193	588
2024-03-06	$8.32	$7.50	36.0%	4.3%	29.2%	17.6%	0.0%	8.2%	-1.0%	16.5K	-480.8K	-2.2K	0.09	92.72	74	7	2,193	588
2024-03-07	$8.54	$7.50	32.3%	4.6%	30.6%	14.5%	0.0%	-12.1%	-0.2%	13.9K	-601.9K	-1.7K	12.50	90.93	8	100	2,123	588
2024-03-08	$8.63	$7.50	53.2%	5.2%	30.5%	32.4%	0.0%	5.3%	2.3%	21.3K	-648.9K	-3.1K	0.00	87.49	28	0	2,131	688
2024-03-11	$8.57	$7.50	63.4%	4.8%	30.0%	41.1%	0.0%	3.5%	-2.0%	19.5K	-599.3K	-2.9K	0.00	86.64	1	0	2,133	688
2024-03-12	$8.66	$7.50	78.4%	5.3%	30.1%	54.0%	0.0%	5.1%	-5.8%	22.2K	-659.6K	-2.8K	0.00	86.80	46	0	2,133	688
2024-03-13	$8.59	$7.50	16.2%	4.6%	29.9%	0.6%	0.0%	4.2%	-1.3%	12.9K	-593.1K	-1.8K	0.40	84.80	5	2	2,215	688
2024-03-14	$8.27	$7.50	56.2%	16.1%	33.2%	34.9%	85.8%	-15.3%	-75.8%	10.2K	-380.8K	-1.8K	0.01	98.49	181	1	2,039	688
2024-03-15	$8.32	$7.50	19.5%	5.6%	32.6%	3.4%	19.2%	7.6%	1.3%	15.6K	-397.6K	-2.5K	0.00	104.01	25	0	2,094	657
2024-03-18	$8.05	$7.50	20.6%	5.9%	34.7%	4.4%	25.3%	-0.0%	2.9%	12.5K	-337.1K	-2.3K	0.45	89.58	869	387	2,001	507
2024-03-19	$8.39	$7.50	17.4%	5.0%	37.7%	1.7%	32.7%	-1.7%	-3.2%	20.3K	-915.5K	-2.4K	0.09	77.21	1,194	106	2,799	882
2024-03-20	$8.27	$7.50	18.3%	5.2%	38.1%	2.4%	20.4%	-8.9%	-4.3%	11.8K	-775.0K	-2.0K	0.02	59.57	226	5	2,847	856
2024-03-21	$8.34	$7.50	30.9%	8.9%	38.1%	13.2%	43.8%	-12.9%	-25.7%	17.8K	-766.1K	-2.3K	0.25	75.96	101	25	2,859	861
2024-03-22	$8.34	$7.50	23.5%	6.7%	38.0%	6.9%	24.7%	0.2%	-8.7%	14.4K	-801.1K	-2.2K	0.00	58.76	3	0	2,852	863
2024-03-25	$8.45	$7.50	23.7%	6.8%	37.9%	7.0%	0.0%	-1.8%	-10.1%	14.3K	-851.6K	-2.2K	0.02	56.96	47	1	2,852	863
2024-03-26	$8.39	$7.50	21.4%	6.1%	38.0%	5.1%	25.1%	-6.1%	2.5%	15.4K	-847.4K	-2.2K	1.07	72.17	75	80	2,887	864
2024-03-27	$8.52	$7.50	17.4%	5.0%	37.1%	1.6%	0.0%	-0.5%	7.4%	15.8K	-921.2K	-1.9K	0.00	74.60	0	0	2,937	821
2024-03-28	$8.50	$7.50	26.1%	7.5%	29.6%	9.1%	0.0%	-5.7%	-11.7%	16.4K	-930.5K	-2.2K	0.00	73.05	78	0	2,939	821