HUN Options History — January 2008

In January 2008, HUN traded between $2.34 and $2.54. ATM implied volatility averaged 46.9%, placing in the 57.8% IV rank vs the trailing year. The 30-day expected move averaged 14.1%. IV traded above realized volatility by 25.6% (HV 20d: 21.3%). Max pain ranged from $2.25 to $2.50. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 19.62.

Notable Days

  • 2008-01-18: Highest Volume — 97,420 contracts
  • 2008-01-17: Largest IV spike — 108.4% change
  • 2008-01-17: Highest IV Rank — 100.0%
  • 2008-01-17: Largest Expected Move — 25.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.42$2.34$2.54$2.54$2.42
Max Pain$2.33$2.25$2.50$2.50$2.25
ATM IV46.9%26.5%87.8%36.3%29.6%
Expected Move14.1%7.6%25.2%10.4%8.5%
HV 20d21.3%13.1%24.2%13.2%24.1%
HV 60d18.3%15.7%20.2%15.7%20.2%
IV Rank57.8%23.1%100.0%49.8%27.0%
IV Percentile89.8%45.6%100.0%91.6%64.3%
Term Structure-0.9%-19.2%16.7%7.5%15.1%
VWIV59.7%36.3%90.5%36.3%59.6%
Skew 25d43.5%16.4%64.8%16.4%26.9%
Skew 10d70.7%28.6%100.1%28.6%52.2%
Call IV 25d29.9%19.4%40.4%28.0%30.1%
Put IV 25d73.4%44.4%105.2%44.4%56.9%
Bid-Ask Spread %39.8114.26108.5919.0573.21
Gamma HHI0.470.280.660.500.41
Net GEX-603.5K-897.2K-370.0K-631.3K-471.9K
Net DEX5.3M-11.2M12.3M-11.2M8.0M
Net VEX-120.9K-131.8K-97.8K-118.1K-121.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio19.620.84266.501.554.82
Total Volume14,463.811,42097,4209,4303,840
Total OI482,217.143371,160552,940520,890399,720

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2008-01-02$2.54$2.5036.3%10.4%13.2%49.8%36.3%16.4%7.5%-631.3K-11.2M-118.1K1.5519.05N/AN/A3,7005,730179,670341,220
2008-01-03$2.54$2.5036.2%10.4%13.1%49.6%40.4%19.6%6.8%-617.3K-9.6M-122.9K3.4427.54N/AN/A2,96010,180182,510339,930
2008-01-04$2.48$2.2535.7%12.8%16.1%48.7%44.9%47.7%-3.7%-697.3K-1.6M-128.4K0.8916.09N/AN/A750670182,170343,430
2008-01-07$2.45$2.2529.7%12.8%16.5%38.1%54.0%40.0%-5.1%-796.2K462.1K-117.6K2.6341.49N/AN/A2,6506,980182,570343,900
2008-01-08$2.37$2.2552.2%19.0%19.7%77.9%53.0%41.0%-12.1%-897.2K7.8M-119.2K1.8735.97N/AN/A5,36010,040183,230345,450
2008-01-09$2.36$2.2558.3%20.6%19.7%88.6%65.1%58.5%-19.2%-780.6K11.1M-121.6K3.2744.04N/AN/A6,75022,040186,410345,110
2008-01-10$2.42$2.2545.9%13.2%22.5%66.7%70.8%50.1%-1.6%-858.8K7.3M-127.4K2.6350.40N/AN/A3,87010,170188,390362,480
2008-01-11$2.43$2.2545.8%13.1%22.5%66.6%57.3%53.5%-1.1%-768.9K4.3M-126.4K3.1127.01N/AN/A1,0703,330190,150357,840
2008-01-14$2.45$2.2542.9%12.3%22.7%61.5%67.6%44.7%-0.3%-761.7K1.9M-117.7K6.7921.89N/AN/A1,53010,390190,120358,240
2008-01-15$2.43$2.2542.0%12.1%22.1%59.9%48.7%43.6%-0.1%-685.8K2.9M-111.4K57.0022.24N/AN/A301,710191,130358,380
2008-01-16$2.42$2.2542.1%12.1%22.1%60.0%42.3%42.8%0.2%-697.5K3.7M-110.3K266.5024.45N/AN/A4010,660191,190358,790
2008-01-17$2.37$2.5087.8%25.2%23.4%100.0%90.5%64.8%-12.9%-627.7K12.1M-112.8K23.00108.59N/AN/A1002,300191,190361,750
2008-01-18$2.37$2.5069.8%20.0%23.3%77.4%58.3%48.1%-15.7%-463.2K11.0M-97.8K21.7614.26N/AN/A4,28093,140190,660362,060
2008-01-22$2.34$2.5077.8%22.3%21.9%87.4%72.8%58.0%-11.9%-399.5K12.3M-126.4K2.2220.28N/AN/A6,01013,36098,000273,160
2008-01-23$2.39$2.5050.6%14.5%23.6%53.3%72.6%57.0%-2.3%-397.0K10.1M-131.1K1.6115.05N/AN/A2,6504,260103,880278,640
2008-01-24$2.42$2.5049.5%14.2%24.2%51.9%72.8%46.5%-0.1%-388.8K7.6M-127.7K2.6917.66N/AN/A9,99026,880105,670280,050
2008-01-25$2.42$2.2549.3%14.1%24.1%51.7%59.9%52.2%4.3%-370.0K6.5M-131.8K1.0353.98N/AN/A730750109,990282,780
2008-01-28$2.43$2.2545.3%13.0%24.2%46.6%81.4%41.9%4.3%-433.5K9.4M-125.7K3.0073.33N/AN/A9002,700109,440283,010
2008-01-29$2.40$2.2530.7%8.8%24.1%28.3%56.2%30.4%16.7%-456.2K9.7M-121.3K0.8451.93N/AN/A4,9704,190109,370285,650
2008-01-30$2.39$2.2526.5%7.6%23.3%23.1%49.3%30.1%13.3%-473.7K7.5M-122.6K1.3177.56N/AN/A9001,180112,170287,060
2008-01-31$2.42$2.2529.6%8.5%24.1%27.0%59.6%26.9%15.1%-471.9K8.0M-121.2K4.8273.21N/AN/A6603,180112,400287,320