HLN Options History — June 2025

In June 2025, HLN traded between $10.36 and $11.41. ATM implied volatility averaged 26.1%, placing in the 16.5% IV rank vs the trailing year. The 30-day expected move averaged 6.9%. IV traded above realized volatility by 7.3% (HV 20d: 18.8%). 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 9 of 20 days. Put/call ratio averaged 0.10.

Notable Days

2025-06-06: Highest Volume — 1,528 contracts
2025-06-30: Largest IV spike — 66.5% change
2025-06-05: Highest IV Rank — 37.5%
2025-06-12: Largest Expected Move — 10.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$10.75	$10.36	$11.41	$11.41	$10.36
Max Pain	$9.88	$7.50	$10.00	$10.00	$10.00
ATM IV	26.1%	14.5%	46.8%	35.3%	26.2%
Expected Move	6.9%	4.2%	10.6%	10.1%	7.5%
HV 20d	18.8%	17.2%	21.3%	17.2%	17.4%
HV 60d	29.9%	29.2%	30.3%	29.2%	29.9%
IV Rank	16.5%	4.7%	37.5%	25.8%	16.6%
IV Percentile	57.6%	8.3%	90.5%	85.7%	71.0%
Term Structure	-1.4%	-20.4%	11.1%	-4.0%	-3.5%
VWIV	24.4%	13.3%	45.8%	25.3%	26.5%
Skew 25d	-1.1%	-55.1%	19.9%	19.9%	-2.7%
Skew 10d	41.9%	-94.3%	171.5%	17.8%	102.0%
Call IV 25d	28.1%	16.2%	94.0%	18.3%	32.0%
Put IV 25d	27.0%	12.7%	40.6%	38.2%	29.3%
Bid-Ask Spread %	97.74	68.96	107.17	100.22	90.74
Gamma HHI	0.57	0.50	0.70	0.53	0.70
Net GEX	98.2K	86.5K	125.1K	102.6K	98.6K
Net DEX	-2.4M	-4.1M	-1.6M	-4.1M	-1.7M
Net VEX	-6.0K	-8.4K	-4.8K	-6.3K	-4.8K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.10	0.00	0.72	0.01	0.24
Total Volume	193.85	18	1,528	78	108
Total OI	4,890.6	4,296	6,042	5,733	4,449

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
2025-06-02	$11.41	$10.00	35.3%	10.1%	17.2%	25.8%	25.3%	19.9%	-4.0%	102.6K	-4.1M	-6.3K	0.01	100.22	77	1	5,510	223
2025-06-03	$11.07	$10.00	25.3%	7.2%	20.6%	15.6%	25.7%	6.0%	-8.8%	111.6K	-3.4M	-8.4K	0.03	68.96	386	11	5,501	224
2025-06-04	$10.95	$10.00	32.7%	9.4%	21.0%	23.2%	0.0%	-3.6%	-20.4%	119.9K	-3.5M	-8.3K	0.14	82.10	51	7	5,685	235
2025-06-05	$11.11	$7.50	46.8%	7.8%	21.3%	37.5%	29.3%	5.4%	2.1%	125.1K	-3.6M	-8.4K	0.11	107.17	392	42	5,700	235
2025-06-06	$11.09	$10.00	27.3%	5.5%	20.0%	17.7%	19.2%	1.9%	-1.4%	117.6K	-3.9M	-7.0K	0.01	96.71	1,518	10	5,813	229
2025-06-09	$10.89	$10.00	33.4%	7.3%	20.6%	23.9%	0.0%	9.3%	-1.3%	97.0K	-2.6M	-6.2K	0.00	97.36	323	0	4,684	231
2025-06-10	$10.88	$10.00	34.0%	7.5%	20.6%	24.5%	0.0%	9.4%	-5.7%	88.4K	-2.4M	-5.5K	0.00	106.35	135	0	4,502	226
2025-06-11	$10.93	$10.00	23.9%	6.9%	18.6%	14.2%	0.0%	7.1%	-1.4%	95.3K	-2.4M	-6.0K	0.00	105.77	41	0	4,455	226
2025-06-12	$11.00	$10.00	36.9%	10.6%	18.6%	27.4%	0.0%	16.0%	-14.8%	86.5K	-2.5M	-5.6K	0.00	100.84	32	0	4,439	226
2025-06-13	$10.86	$10.00	19.3%	5.5%	17.9%	9.5%	15.4%	12.5%	11.1%	91.2K	-2.3M	-6.0K	0.72	106.01	29	21	4,430	226
2025-06-16	$10.73	$10.00	22.1%	6.3%	17.9%	12.4%	21.6%	5.2%	4.3%	93.1K	-2.1M	-5.8K	0.04	106.77	52	2	4,413	247
2025-06-17	$10.50	$10.00	23.9%	6.9%	19.1%	14.3%	28.2%	-3.3%	-0.4%	90.9K	-1.8M	-5.9K	0.07	104.36	59	4	4,410	249
2025-06-18	$10.46	$10.00	19.4%	5.6%	18.6%	9.6%	24.1%	-9.6%	0.9%	92.3K	-1.8M	-5.7K	0.04	97.52	74	3	4,425	235
2025-06-20	$10.43	$10.00	20.9%	6.0%	18.0%	11.2%	22.2%	-4.2%	5.2%	88.3K	-1.8M	-5.7K	0.33	104.37	36	12	4,439	238
2025-06-23	$10.48	$10.00	14.5%	4.2%	18.2%	4.7%	13.3%	-55.1%	7.7%	92.8K	-1.8M	-5.1K	0.16	98.24	51	8	4,093	203
2025-06-24	$10.54	$10.00	19.7%	5.6%	18.1%	9.9%	45.8%	-2.5%	5.8%	91.7K	-1.8M	-4.8K	0.02	104.23	130	3	4,091	211
2025-06-25	$10.52	$10.00	26.0%	7.5%	17.7%	16.3%	31.5%	-8.7%	-8.2%	93.2K	-1.8M	-5.3K	0.00	106.41	36	0	4,141	214
2025-06-26	$10.39	$10.00	19.5%	5.6%	17.8%	9.7%	15.8%	-8.5%	2.1%	93.4K	-1.7M	-5.2K	0.06	87.69	17	1	4,154	214
2025-06-27	$10.38	$10.00	15.8%	4.5%	17.6%	5.9%	22.1%	-16.2%	2.4%	94.2K	-1.6M	-4.9K	0.00	82.94	204	1	4,171	215
2025-06-30	$10.36	$10.00	26.2%	7.5%	17.4%	16.6%	26.5%	-2.7%	-3.5%	98.6K	-1.7M	-4.8K	0.24	90.74	87	21	4,234	215