HUN Options History — May 2007

In May 2007, HUN traded between $1.90 and $2.03. ATM implied volatility averaged 26.5%. The 30-day expected move averaged 7.7%. IV traded above realized volatility by 5.5% (HV 20d: 20.9%). Max pain ranged from $1.75 to $2.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 0.63.

Notable Days

  • 2007-05-03: Highest Volume — 34,860 contracts
  • 2007-05-09: Largest IV drop — 6.2% change
  • 2007-05-14: Largest Expected Move — 8.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.99$1.90$2.03$1.90$2.00
Max Pain$1.97$1.75$2.00$1.75$2.00
ATM IV26.5%23.2%29.5%29.1%25.3%
Expected Move7.7%6.6%8.5%8.3%7.2%
HV 20d20.9%17.7%22.9%21.2%18.7%
HV 60d24.5%20.4%26.4%25.3%20.4%
Term Structure-1.0%-3.4%1.4%-3.4%-0.2%
VWIV26.7%23.0%29.5%28.3%25.3%
Bid-Ask Spread %20.758.9838.8410.9013.77
Gamma HHI0.590.390.920.620.44
Net GEX628.7K236.9K3.7M336.1K371.2K
Net DEX-8.5M-11.5M-4.6M-4.6M-8.9M
Net VEX-71.4K-84.8K-48.0K-48.0K-84.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.630.005.330.035.33
Total Volume8,168.636034,8609,9509,750
Total OI227,018.636183,140260,920183,140235,510

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2007-05-01$1.90$1.7529.1%8.3%21.2%0.0%28.3%0.0%-3.4%336.1K-4.6M-48.0K0.0310.90N/AN/A9,670280125,12058,020
2007-05-02$1.93$1.7527.5%7.9%21.3%0.0%27.0%0.0%-1.2%404.2K-6.7M-50.6K0.0016.05N/AN/A4200130,80057,430
2007-05-03$1.99$1.7526.8%7.7%22.9%0.0%26.8%0.0%1.4%507.6K-10.2M-53.5K2.2711.26N/AN/A10,67024,190130,96057,430
2007-05-04$2.00$2.0026.1%8.3%22.7%0.0%29.0%0.0%-3.2%428.2K-9.1M-63.7K0.0626.99N/AN/A2,610150139,04080,210
2007-05-07$2.02$2.0026.9%8.2%22.8%0.0%28.7%0.0%-2.5%463.8K-10.4M-62.6K1.8133.76N/AN/A6,00010,850140,11080,310
2007-05-08$2.01$2.0027.6%8.4%22.6%0.0%0.0%0.0%-2.7%470.5K-9.4M-70.1K0.0133.39N/AN/A2,26030143,44090,750
2007-05-09$2.03$2.0025.9%8.1%21.5%0.0%0.0%0.0%-2.3%499.0K-10.4M-69.4K0.3834.31N/AN/A1,600610142,48090,750
2007-05-10$2.01$2.0027.3%7.8%21.3%0.0%27.3%0.0%-1.0%548.6K-9.1M-69.1K0.3030.03N/AN/A330100143,52091,360
2007-05-11$2.01$2.0028.6%8.2%21.3%0.0%28.7%0.0%-2.3%552.3K-9.5M-68.4K0.0029.26N/AN/A9,7200143,33091,290
2007-05-14$1.99$2.0029.5%8.5%20.9%0.0%29.5%0.0%-2.7%637.4K-8.4M-70.7K0.0028.46N/AN/A4,1000151,44091,290
2007-05-15$1.99$2.0027.9%8.0%20.9%0.0%0.0%0.0%-1.8%741.6K-7.6M-69.8K0.0038.84N/AN/A00153,26091,290
2007-05-16$2.00$2.0027.8%8.0%20.7%0.0%24.7%0.0%-1.2%964.1K-9.1M-69.7K0.0328.07N/AN/A9,300320153,26091,290
2007-05-17$2.01$2.0026.9%7.7%20.7%0.0%27.6%0.0%-0.1%1.0M-11.5M-73.0K0.3428.44N/AN/A7,8502,670161,11091,540
2007-05-18$2.00$2.0026.5%7.6%20.2%0.0%26.8%0.0%-1.4%3.7M-11.0M-74.4K0.1110.26N/AN/A20,2902,240167,13093,790
2007-05-21$2.01$2.0026.2%7.5%20.0%0.0%26.2%0.0%-0.5%236.9K-7.9M-79.2K0.078.98N/AN/A22,7601,700132,93074,700
2007-05-22$2.01$2.0025.3%7.3%20.0%0.0%0.0%0.0%-0.5%332.0K-9.3M-83.8K0.259.22N/AN/A1,710420149,37074,830
2007-05-23$2.00$2.0024.2%6.9%19.9%0.0%23.0%0.0%-0.5%326.1K-8.4M-84.6K1.9711.94N/AN/A5801,140150,97074,930
2007-05-24$1.96$2.0024.5%7.0%21.1%0.0%24.5%0.0%1.0%309.1K-5.8M-80.7K0.0014.50N/AN/A3700151,52074,930
2007-05-25$1.97$2.0023.2%6.6%21.2%0.0%0.0%0.0%1.2%313.7K-6.5M-81.0K0.0015.16N/AN/A1500151,62074,930
2007-05-29$1.96$2.0024.5%7.0%20.9%0.0%24.5%0.0%1.1%308.3K-6.2M-78.9K0.2710.81N/AN/A11,6003,100151,77074,930
2007-05-30$1.96$2.0024.4%7.0%17.7%0.0%0.0%0.0%0.9%344.2K-6.0M-84.0K0.0012.13N/AN/A1700162,72077,000
2007-05-31$2.00$2.0025.3%7.2%18.7%0.0%25.3%0.0%-0.2%371.2K-8.9M-84.8K5.3313.77N/AN/A1,5408,210160,51075,000