HLN Options History — April 2025

In April 2025, HLN traded between $9.29 and $10.46. ATM implied volatility averaged 26.8%, placing in the 17.1% IV rank vs the trailing year. The 30-day expected move averaged 7.8%. IV traded below realized volatility by 10.0% (HV 20d: 36.8%). Max pain ranged from $10.00 to $10.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 5 of 21 days. Put/call ratio averaged 4.96.

Notable Days

  • 2025-04-11: Highest Volume — 932 contracts
  • 2025-04-23: Largest IV spike — 50.0% change
  • 2025-04-10: Highest IV Rank — 27.5%
  • 2025-04-10: Largest Expected Move — 10.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$10.06$9.29$10.46$10.18$10.11
Max Pain$10.00$10.00$10.00$10.00$10.00
ATM IV26.8%19.8%36.9%25.8%28.9%
Expected Move7.8%5.7%10.6%7.3%8.3%
HV 20d36.8%16.1%43.3%16.8%43.1%
HV 60d29.3%22.7%31.6%22.7%31.6%
IV Rank17.1%10.1%27.5%16.2%19.3%
IV Percentile64.9%34.5%86.1%68.7%73.4%
Term Structure-1.0%-7.2%13.0%-0.5%-7.1%
VWIV27.4%14.9%36.0%25.4%30.3%
Skew 25d76.2%-4.2%138.4%79.2%13.5%
Skew 10d160.3%-2.0%239.8%235.2%30.2%
Call IV 25d28.2%21.0%38.2%30.3%32.5%
Put IV 25d104.3%28.8%172.9%109.5%46.0%
Bid-Ask Spread %96.4674.48108.3378.05108.33
Gamma HHI0.760.510.890.820.78
Net GEX62.4K15.8K143.4K36.6K65.6K
Net DEX-948.8K-2.1M-18.1K-804.2K-914.1K
Net VEX-3.5K-3.9K-2.6K-3.4K-3.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio4.960.0076.000.530.33
Total Volume130.3813932788
Total OI3,443.9522,7864,5302,7863,243

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-04-01$10.18$10.0025.8%7.3%16.8%16.2%25.4%79.2%-0.5%36.6K-804.2K-3.4K0.5378.0551272,284502
2025-04-02$10.16$10.0019.9%7.1%16.1%10.2%0.0%91.9%-0.1%32.7K-791.2K-3.4K0.4578.871152,313529
2025-04-03$10.46$10.0023.1%6.1%18.7%13.4%25.2%31.1%0.8%39.2K-1.1M-3.4K0.1293.583342,321529
2025-04-04$9.95$10.0031.3%7.7%25.8%21.7%0.0%101.0%-4.0%29.7K-628.5K-3.4K76.00102.6332282,322529
2025-04-07$9.29$10.0029.4%10.2%34.9%19.8%35.4%127.6%-6.9%19.0K-18.1K-2.6K0.0888.52627482,322711
2025-04-08$9.29$10.0031.0%10.3%34.7%21.4%36.0%-4.2%-4.1%22.4K-83.1K-3.2K0.5786.2723132,801714
2025-04-09$9.69$10.0030.9%8.9%38.1%21.3%30.5%137.7%-3.7%15.8K-261.0K-3.4K12.9594.92202592,819723
2025-04-10$9.59$10.0036.9%10.6%38.2%27.5%0.0%138.4%-7.2%22.7K-325.9K-3.5K0.0099.361302,819639
2025-04-11$10.02$10.0030.2%8.7%41.6%20.6%30.2%112.1%-1.6%20.7K-677.6K-3.9K0.0174.48921112,832639
2025-04-14$10.14$10.0027.9%8.0%41.3%18.3%27.9%106.0%-1.6%141.4K-1.5M-3.9K0.2093.9199203,750628
2025-04-15$10.14$10.0022.5%6.5%41.3%12.8%26.6%106.7%-2.0%142.0K-1.5M-3.9K0.00103.867003,784630
2025-04-16$10.14$10.0027.9%8.0%41.3%18.2%27.9%107.5%-1.9%143.4K-1.5M-3.9K0.0098.527103,839630
2025-04-17$10.27$10.0020.8%6.0%41.6%11.0%22.2%68.7%13.0%72.2K-2.1M-3.8K0.00107.333403,900630
2025-04-21$10.20$10.0025.1%7.2%41.5%15.4%0.0%88.1%5.0%72.4K-1.0M-3.6K5.0092.15152,961317
2025-04-22$10.46$10.0019.8%5.7%42.1%10.1%14.9%6.5%10.6%84.3K-1.4M-3.2K2.50105.3212302,960322
2025-04-23$10.21$10.0029.7%8.5%42.9%20.1%0.0%90.7%2.0%74.3K-1.0M-3.6K0.00104.23302,959352
2025-04-24$10.32$10.0025.3%7.3%43.0%15.6%25.0%53.9%-3.6%73.8K-1.2M-3.6K0.00102.852502,960353
2025-04-25$10.18$10.0022.3%6.4%43.3%12.5%26.8%5.0%-0.7%66.1K-995.1K-3.6K5.50105.482112,897353
2025-04-28$10.23$10.0024.0%6.9%43.1%14.3%25.0%68.5%-1.6%70.6K-1.1M-3.4K0.00104.194502,898364
2025-04-29$10.27$10.0029.6%8.5%43.0%20.0%28.7%69.5%-5.1%64.5K-1.1M-3.5K0.00102.77502,881364
2025-04-30$10.11$10.0028.9%8.3%43.1%19.3%30.3%13.5%-7.1%65.6K-914.1K-3.5K0.33108.33622,879364