HUN Options History — February 2008

In February 2008, HUN traded between $2.26 and $2.49. ATM implied volatility averaged 46.8%, placing in the 48.5% IV rank vs the trailing year. The 30-day expected move averaged 14.1%. IV traded above realized volatility by 21.2% (HV 20d: 25.6%). Max pain ranged from $2.25 to $2.50. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 7.71.

Notable Days

  • 2008-02-05: Highest Volume — 32,460 contracts
  • 2008-02-05: Largest IV spike — 58.2% change
  • 2008-02-21: Highest IV Rank — 65.9%
  • 2008-02-21: Largest Expected Move — 17.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.36$2.26$2.49$2.49$2.41
Max Pain$2.49$2.25$2.50$2.25$2.50
ATM IV46.8%31.5%60.6%34.8%33.3%
Expected Move14.1%9.0%17.4%10.0%9.5%
HV 20d25.6%21.9%28.4%26.2%27.5%
HV 60d22.0%20.9%22.9%20.9%22.2%
IV Rank48.5%29.3%65.9%33.4%31.5%
IV Percentile89.4%69.4%98.4%81.7%73.8%
Term Structure1.0%-5.6%12.6%6.0%12.6%
VWIV45.0%34.8%54.3%42.9%38.7%
Skew 25d35.6%18.0%47.7%20.5%47.7%
Skew 10d54.8%23.2%65.5%44.0%65.5%
Call IV 25d27.6%15.0%47.2%31.5%16.9%
Put IV 25d63.2%50.0%70.6%51.9%64.6%
Bid-Ask Spread %57.4220.9085.1884.9868.56
Gamma HHI0.300.220.450.440.22
Net GEX-378.0K-512.6K-192.1K-512.6K-388.3K
Net DEX12.2M3.9M17.3M3.9M9.9M
Net VEX-112.5K-121.7K-100.6K-121.7K-118.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio7.710.1941.710.303.60
Total Volume5,614.533032,4604,5901,840
Total OI361,066.5261,640440,120400,930302,490

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2008-02-01$2.49$2.2534.8%10.0%26.2%33.4%42.9%20.5%6.0%-512.6K3.9M-121.7K0.3084.98N/AN/A3,5301,060113,020287,910
2008-02-04$2.40$2.5037.8%13.3%27.6%37.3%46.0%19.7%-0.8%-450.4K7.7M-117.2K1.7464.73N/AN/A9401,640115,360288,160
2008-02-05$2.35$2.5059.8%17.1%28.4%64.9%48.0%29.0%-3.6%-419.3K11.1M-111.3K41.7159.76N/AN/A76031,700115,570288,990
2008-02-06$2.33$2.5054.2%16.7%26.4%57.9%43.4%32.5%-4.0%-450.0K15.6M-121.6K18.3860.06N/AN/A801,470116,250317,150
2008-02-07$2.31$2.5056.9%16.4%26.4%61.2%45.0%18.0%-1.0%-445.1K17.3M-117.4K1.7461.72N/AN/A1,0101,760116,250316,590
2008-02-08$2.34$2.5049.6%15.4%24.6%52.0%51.8%19.2%0.1%-364.2K15.8M-115.1K1.5258.87N/AN/A9901,500118,600316,100
2008-02-11$2.35$2.5033.0%16.1%24.7%31.2%0.0%43.4%0.3%-256.0K13.0M-109.5K0.5562.88N/AN/A4,9102,720118,920315,500
2008-02-12$2.33$2.5051.1%15.4%24.5%53.9%0.0%44.8%-1.2%-266.2K14.4M-114.2K2.0520.90N/AN/A5601,150123,600315,410
2008-02-13$2.33$2.5052.6%15.7%24.4%55.8%0.0%41.1%-2.2%-431.5K17.1M-115.1K6.0864.01N/AN/A2601,580123,460316,060
2008-02-14$2.32$2.5052.3%15.0%24.5%55.5%52.1%33.1%1.5%-231.8K16.1M-107.2K24.5062.62N/AN/A1002,450123,820316,300
2008-02-15$2.32$2.5054.3%15.6%23.3%58.0%34.8%40.5%-1.3%-192.1K12.9M-107.6K0.1960.07N/AN/A1,030200121,920311,690
2008-02-19$2.32$2.5052.9%15.2%23.3%56.2%0.0%34.4%0.8%-421.3K13.2M-100.6K35.0035.57N/AN/A2070039,820221,820
2008-02-20$2.30$2.5054.3%15.6%22.9%57.9%54.3%42.3%0.3%-399.9K13.0M-105.5K7.2526.20N/AN/A4029039,830222,380
2008-02-21$2.26$2.5060.6%17.4%21.9%65.9%48.5%36.2%-5.6%-399.9K14.1M-101.7K1.0746.41N/AN/A2,1302,27039,860222,480
2008-02-22$2.34$2.5058.7%16.8%24.5%63.4%50.6%34.9%-4.3%-400.0K12.9M-106.0K1.2472.78N/AN/A8,31010,29041,500223,660
2008-02-25$2.42$2.5034.9%10.0%27.5%33.5%47.0%43.7%4.2%-386.3K10.3M-111.9K1.0751.54N/AN/A5,4905,86048,950231,590
2008-02-26$2.46$2.5038.3%11.0%28.1%37.8%40.1%41.2%2.8%-380.7K9.0M-117.0K1.7347.42N/AN/A1,0301,78054,140241,950
2008-02-27$2.46$2.5035.5%10.2%27.6%34.3%41.9%43.3%5.2%-371.6K8.1M-110.6K2.3485.18N/AN/A3,1407,35054,710237,290
2008-02-28$2.44$2.5031.5%9.0%27.7%29.3%34.9%46.8%9.4%-393.5K8.8M-119.3K2.1854.16N/AN/A11024057,850244,380
2008-02-29$2.41$2.5033.3%9.5%27.5%31.5%38.7%47.7%12.6%-388.3K9.9M-118.5K3.6068.56N/AN/A4001,44057,950244,540