HLN Options History — October 2025

In October 2025, HLN traded between $8.79 and $9.48. ATM implied volatility averaged 30.3%, placing in the 20.7% IV rank vs the trailing year. The 30-day expected move averaged 6.9%. IV traded above realized volatility by 8.7% (HV 20d: 21.6%). Max pain ranged from $10.00 to $10.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 10 of 23 days. Put/call ratio averaged 0.60.

Notable Days

  • 2025-10-08: Highest Volume — 161 contracts
  • 2025-10-15: Largest IV drop — 68.2% change
  • 2025-10-14: Highest IV Rank — 66.9%
  • 2025-10-02: Largest Expected Move — 10.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.14$8.79$9.48$9.02$9.29
Max Pain$10.00$10.00$10.00$10.00$10.00
ATM IV30.3%13.5%75.7%22.7%20.4%
Expected Move6.9%3.9%10.0%6.5%5.9%
HV 20d21.6%19.0%25.0%21.3%20.6%
HV 60d20.8%19.7%21.7%20.2%19.7%
IV Rank20.7%3.7%66.9%13.0%10.7%
IV Percentile60.5%4.4%99.6%54.8%37.3%
Term Structure4.1%-12.7%57.0%-6.5%13.4%
VWIV24.1%12.3%39.6%24.6%39.6%
Skew 25d17.0%-9.0%154.0%9.8%13.4%
Skew 10d26.7%-5.8%228.2%16.7%23.6%
Call IV 25d29.9%17.7%72.3%27.1%25.5%
Put IV 25d46.9%24.4%214.3%36.8%38.9%
Bid-Ask Spread %69.1856.9986.4680.8760.17
Gamma HHI0.810.720.880.790.88
Net GEX28.6K18.8K41.1K24.0K30.9K
Net DEX-155.8K-387.4K32.8K-28.4K-158.8K
Net VEX-2.3K-2.8K-1.7K-1.9K-1.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.600.005.003.430.00
Total Volume31.6962161622
Total OI3,746.6093,4454,1263,7863,482

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-10-01$9.02$10.0022.7%6.5%21.3%13.0%24.6%9.8%-6.5%24.0K-28.4K-1.9K3.4380.8714483,311475
2025-10-02$8.86$10.0035.0%10.0%21.8%25.5%0.0%10.6%-8.0%18.8K32.8K-1.7K0.0283.564913,322506
2025-10-03$8.95$10.0034.8%10.0%22.4%25.3%0.0%9.0%-1.4%26.3K-82.5K-2.3K5.0082.083153,346507
2025-10-06$8.79$10.0033.2%7.3%23.0%23.7%28.7%-7.6%-7.5%19.9K-36.7K-2.2K0.2562.871233,346520
2025-10-07$8.82$10.0036.5%8.4%22.9%27.0%0.0%-9.0%-11.1%23.4K-89.5K-2.3K0.1770.571223,355520
2025-10-08$9.04$10.0041.8%7.1%25.0%32.5%26.7%-3.5%-9.5%31.8K-150.5K-2.3K0.0367.3315653,367521
2025-10-09$9.02$10.0043.9%9.4%24.6%34.5%0.0%-2.3%-8.1%32.2K-183.5K-2.7K0.0068.042403,472520
2025-10-10$8.98$10.0045.7%7.9%24.6%36.4%21.7%-3.6%-12.1%31.9K-171.5K-2.7K0.5074.50633,495520
2025-10-13$9.05$10.0062.8%8.7%24.8%53.8%30.6%-1.6%-7.9%25.5K-128.3K-2.4K0.0975.794343,501520
2025-10-14$9.14$10.0075.7%6.3%20.2%66.9%16.8%0.4%-12.7%27.0K-119.4K-2.3K0.0169.297413,534519
2025-10-15$9.20$10.0024.1%6.9%19.7%14.4%23.4%0.1%-0.3%28.5K-146.9K-2.5K0.7572.79433,608518
2025-10-16$9.20$10.0024.5%7.0%19.0%14.8%23.5%-0.5%57.0%28.8K-142.4K-2.5K0.0673.763123,607519
2025-10-17$9.48$10.0021.1%6.0%21.4%11.3%23.8%154.0%2.7%37.0K-232.2K-2.7K0.0286.464813,604518
2025-10-20$9.41$10.0020.1%5.8%20.8%10.3%20.1%6.3%3.9%41.1K-387.4K-2.8K0.4565.3644203,097359
2025-10-21$9.32$10.0020.2%5.8%20.7%10.4%24.6%6.1%-0.6%36.3K-289.5K-2.5K0.0056.992803,083362
2025-10-22$9.45$10.0024.5%7.0%20.9%14.8%25.0%8.4%4.0%38.1K-321.9K-2.6K0.2274.75923,087362
2025-10-23$9.34$10.0013.5%3.9%20.3%3.7%12.3%142.0%21.3%28.9K-195.2K-2.2K0.4058.15523,095361
2025-10-24$9.25$10.0019.6%5.6%20.7%9.8%26.4%17.4%10.5%32.2K-256.2K-2.4K0.3058.631033,097361
2025-10-27$9.21$10.0017.1%4.9%20.8%7.3%20.2%10.9%17.3%24.2K-141.4K-1.9K1.3359.79683,101361
2025-10-28$9.11$10.0018.9%5.4%20.6%9.1%22.2%10.0%21.2%23.3K-102.3K-1.7K0.0060.38023,105361
2025-10-29$9.04$10.0019.6%5.6%20.8%9.8%39.6%7.9%-0.3%21.5K-113.2K-1.8K0.0667.891713,105361
2025-10-30$9.21$10.0021.5%6.2%20.6%11.8%0.0%13.7%28.9%26.1K-138.2K-1.8K0.2061.09513,119362
2025-10-31$9.29$10.0020.4%5.9%20.6%10.7%0.0%13.4%13.4%30.9K-158.8K-1.9K0.0060.17203,120362