HLN Options History — July 2025

In July 2025, HLN traded between $9.43 and $10.36. ATM implied volatility averaged 23.6%, placing in the 13.9% IV rank vs the trailing year. The 30-day expected move averaged 6.6%. IV traded above realized volatility by 10.2% (HV 20d: 13.4%). Max pain ranged from $10.00 to $10.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 0.18.

Notable Days

  • 2025-07-24: Highest Volume — 209 contracts
  • 2025-07-08: Largest IV spike — 135.6% change
  • 2025-07-08: Highest IV Rank — 34.1%
  • 2025-07-31: Largest Expected Move — 8.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.86$9.43$10.36$10.36$9.43
Max Pain$10.00$10.00$10.00$10.00$10.00
ATM IV23.6%14.6%43.4%18.4%29.9%
Expected Move6.6%4.2%8.6%5.3%8.6%
HV 20d13.4%11.0%17.3%17.1%17.3%
HV 60d20.8%17.5%29.3%29.3%17.9%
IV Rank13.9%4.8%34.1%8.6%20.3%
IV Percentile56.0%9.5%90.9%25.4%85.3%
Term Structure1.3%-12.9%51.1%1.8%-12.9%
VWIV23.8%12.6%28.8%18.4%28.2%
Skew 25d50.5%-87.6%208.5%-15.9%5.6%
Skew 10d86.5%1.9%288.1%179.7%6.8%
Call IV 25d30.6%20.0%115.4%31.8%36.2%
Put IV 25d81.2%15.9%240.1%15.9%41.7%
Bid-Ask Spread %93.7374.41106.1590.3395.68
Gamma HHI0.840.660.910.660.91
Net GEX88.7K65.8K100.0K90.6K65.8K
Net DEX-846.7K-1.6M-376.2K-1.6M-376.2K
Net VEX-3.4K-4.8K-2.4K-4.8K-2.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.180.001.360.020.01
Total Volume65.682122096090
Total OI4,194.7733,9554,4084,4084,280

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-07-01$10.36$10.0018.4%5.3%17.1%8.6%18.4%-15.9%1.8%90.6K-1.6M-4.8K0.0290.335914,173235
2025-07-02$10.27$10.0014.6%4.2%14.3%4.8%12.6%-87.6%7.4%92.3K-1.5M-4.7K1.36104.2611154,120236
2025-07-03$10.29$10.0014.8%5.9%14.2%5.0%21.4%5.9%5.7%93.9K-1.5M-4.7K0.00106.045204,021239
2025-07-07$10.16$10.0018.4%5.5%12.9%8.6%23.6%5.6%-0.0%92.5K-1.3M-4.1K0.40104.252084,021239
2025-07-08$10.07$10.0043.4%6.8%13.0%34.1%23.7%8.0%1.3%92.3K-1.2M-4.1K0.3688.531144,018232
2025-07-09$10.05$10.0018.5%5.3%12.0%8.8%21.6%8.9%1.6%100.0K-1.1M-3.9K0.17106.153664,015232
2025-07-10$10.11$10.0025.3%7.2%12.5%15.6%25.3%12.8%-1.7%90.4K-1.2M-3.9K0.2697.801954,012238
2025-07-11$9.96$10.0023.1%6.6%12.7%13.4%23.1%11.4%-0.6%98.0K-991.0K-3.8K0.0692.933624,011243
2025-07-14$9.91$10.0021.7%6.2%12.0%12.0%23.4%7.5%-1.6%96.9K-897.4K-3.4K0.0099.813004,018243
2025-07-15$9.73$10.0020.1%5.8%12.6%10.3%24.1%11.5%-1.7%89.7K-690.5K-3.2K0.30103.8773224,024243
2025-07-16$9.70$10.0021.7%6.2%12.4%12.0%21.8%163.0%1.6%89.9K-593.6K-3.1K0.3882.4826103,975238
2025-07-17$9.59$10.0024.7%7.1%11.0%15.0%27.7%167.3%51.1%69.8K-483.8K-2.7K0.0582.8912873,967238
2025-07-18$9.59$10.0025.7%7.4%11.1%16.0%25.8%17.8%-4.7%72.3K-465.4K-2.6K0.1591.874873,926238
2025-07-21$9.52$10.0020.8%6.0%11.2%11.0%22.9%4.1%1.2%74.8K-401.8K-2.5K0.02104.768223,751208
2025-07-22$9.63$10.0022.9%6.6%12.1%13.2%25.1%7.1%0.4%82.3K-552.0K-2.8K0.0185.716713,747208
2025-07-23$9.75$10.0023.9%6.9%13.0%14.2%24.0%186.2%-0.8%90.7K-592.5K-2.7K0.0191.8510713,752209
2025-07-24$9.84$10.0026.0%7.5%13.8%16.4%26.0%176.2%-1.5%93.6K-723.1K-2.9K0.1190.86189203,798208
2025-07-25$9.86$10.0026.6%7.6%13.5%16.9%26.6%179.9%-5.2%98.1K-768.3K-3.1K0.0080.591203,907228
2025-07-28$9.68$10.0021.7%6.2%14.6%12.0%24.6%10.9%-1.9%97.6K-582.2K-2.8K0.20100.90102203,913228
2025-07-29$9.79$10.0028.7%8.2%15.5%19.1%28.8%208.5%-6.8%93.8K-692.9K-3.0K0.0574.413723,906318
2025-07-30$9.64$10.0028.2%8.1%16.1%18.6%28.2%17.3%-4.9%86.8K-533.0K-2.8K0.0086.087703,910319
2025-07-31$9.43$10.0029.9%8.6%17.3%20.3%0.0%5.6%-12.9%65.8K-376.2K-2.4K0.0195.688913,961319