HLN Options History — May 2024

In May 2024, HLN traded between $8.18 and $8.52. ATM implied volatility averaged 36.9%, placing in the 18.3% IV rank vs the trailing year. The 30-day expected move averaged 7.0%. IV traded above realized volatility by 20.3% (HV 20d: 16.5%). Max pain ranged from $7.50 to $10.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 1.26.

Notable Days

  • 2024-05-16: Highest Volume — 347 contracts
  • 2024-05-20: Largest IV spike — 108.0% change
  • 2024-05-07: Highest IV Rank — 49.5%
  • 2024-05-03: Largest Expected Move — 14.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.36$8.18$8.52$8.36$8.43
Max Pain$8.04$7.50$10.00$7.50$7.50
ATM IV36.9%16.2%73.2%35.9%24.2%
Expected Move7.0%4.1%14.6%10.3%6.9%
HV 20d16.5%12.8%18.5%17.2%12.8%
HV 60d24.3%20.6%25.6%25.5%20.6%
IV Rank18.3%0.6%49.5%17.6%7.5%
IV Percentile52.0%1.2%94.8%67.9%32.5%
Term Structure2.1%-17.2%81.8%-16.1%3.1%
VWIV31.6%18.9%51.5%32.1%18.9%
Skew 25d-5.3%-53.4%32.5%7.2%1.9%
Skew 10d-2.7%-74.8%54.0%8.0%-2.2%
Call IV 25d32.3%19.0%80.7%31.6%26.5%
Put IV 25d27.0%16.4%66.4%38.8%28.4%
Bid-Ask Spread %82.6070.0099.6084.2688.00
Gamma HHI0.850.560.980.910.78
Net GEX11.1K5.0K16.3K13.5K10.4K
Net DEX-418.0K-530.2K-319.0K-512.4K-357.4K
Net VEX-1.4K-2.0K-677-2.0K-1.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.260.0014.770.000.00
Total Volume4303471519
Total OI2,661.51,8683,4703,0762,027

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-05-01$8.36$7.5035.9%10.3%17.2%17.6%32.1%7.2%-16.1%13.5K-512.4K-2.0K0.0084.261502,501575
2024-05-02$8.32$7.5035.8%10.2%17.3%17.4%31.3%8.5%-13.0%12.4K-493.6K-1.8K10.0074.363302,502575
2024-05-03$8.32$7.5050.9%14.6%17.2%30.4%32.5%32.5%-17.2%12.8K-453.5K-1.6K0.0086.275002,505605
2024-05-06$8.23$0.0066.6%6.3%17.6%43.9%0.0%-9.5%-7.6%13.2K-408.9K-1.6K0.0283.734712,498605
2024-05-07$8.32$0.0073.2%4.3%17.8%49.5%0.0%-7.4%4.5%16.3K-447.5K-1.7K0.0070.473202,497606
2024-05-08$8.18$0.0072.1%6.2%18.3%48.6%0.0%-8.8%-3.2%14.1K-392.0K-1.9K0.0084.721002,518606
2024-05-09$8.25$0.0033.7%5.9%18.5%15.6%0.0%-4.9%-1.1%10.1K-465.1K-1.5K0.0085.52002,518606
2024-05-10$8.25$0.0040.6%5.5%16.9%21.5%0.0%-7.0%-1.7%10.1K-462.9K-1.5K1.0073.44112,518606
2024-05-13$8.25$0.0053.8%4.1%16.9%32.9%0.0%-53.4%9.0%9.9K-462.3K-1.5K0.0086.255302,532607
2024-05-14$8.29$0.0065.3%4.4%16.7%42.8%0.0%-44.5%8.2%10.1K-457.4K-1.6K0.0083.183102,525607
2024-05-15$8.41$0.0016.2%4.6%17.4%0.6%0.0%-0.8%-3.3%5.0K-516.9K-6770.0082.562202,545607
2024-05-16$8.36$10.0021.9%6.3%17.6%5.5%23.6%13.0%81.8%6.2K-504.9K-83614.7799.60223252,565607
2024-05-17$8.48$7.5018.9%5.4%18.0%2.9%0.0%1.2%-3.7%11.5K-530.2K-1.3K0.3384.2533112,582888
2024-05-20$8.52$7.5039.3%11.3%16.8%20.4%51.5%-3.3%-11.5%13.6K-359.0K-1.7K0.0675.483121,427441
2024-05-21$8.50$10.0031.1%8.9%16.5%13.4%0.0%-1.1%-2.6%10.5K-340.6K-1.3K0.0070.001701,452442
2024-05-22$8.52$10.0019.1%5.5%15.7%3.1%18.9%0.5%25.7%11.4K-350.7K-1.2K0.1784.0965111,459442
2024-05-23$8.46$7.5025.4%7.3%15.7%8.5%0.0%-4.0%-10.4%12.7K-353.6K-1.6K0.0077.125601,521450
2024-05-24$8.41$7.5021.3%6.1%15.5%5.0%0.0%-2.7%5.9%7.9K-331.8K-1.1K0.0083.58101,527449
2024-05-28$8.39$7.5023.7%6.8%15.6%7.1%0.0%-3.1%-3.3%11.6K-329.1K-1.5K0.0086.493201,527449
2024-05-29$8.36$7.5016.9%4.9%15.0%1.2%0.0%-32.2%4.9%8.8K-319.0K-1.2K0.0086.002201,559449
2024-05-30$8.39$7.5024.9%7.1%12.8%8.0%0.0%2.3%-3.2%12.6K-347.8K-1.5K0.0087.81301,577449
2024-05-31$8.43$7.5024.2%6.9%12.8%7.5%0.0%1.9%3.1%10.4K-357.4K-1.2K0.0088.001901,578449