HUN Options History — March 2008

In March 2008, HUN traded between $2.34 and $2.45. ATM implied volatility averaged 37.1%, placing in the 36.3% IV rank vs the trailing year. The 30-day expected move averaged 11.1%. IV traded above realized volatility by 10.4% (HV 20d: 26.6%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 20 of 20 days. Put/call ratio averaged 7.10.

Notable Days

  • 2008-03-07: Highest Volume — 63,650 contracts
  • 2008-03-26: Largest IV spike — 94.3% change
  • 2008-03-26: Highest IV Rank — 60.3%
  • 2008-03-26: Largest Expected Move — 16.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.39$2.34$2.45$2.41$2.35
Max Pain$2.50$2.50$2.50$2.50$2.50
ATM IV37.1%19.4%56.2%30.9%56.0%
Expected Move11.1%7.3%16.1%8.9%16.0%
HV 20d26.6%22.9%31.3%25.7%26.2%
HV 60d24.5%22.2%25.8%22.2%25.6%
IV Rank36.3%14.1%60.3%28.6%60.0%
IV Percentile66.0%18.7%96.4%67.1%95.6%
Term Structure8.7%2.8%14.8%12.4%4.9%
VWIV40.8%18.7%67.1%33.3%33.9%
Skew 25d41.7%30.5%48.9%35.8%46.8%
Skew 10d64.0%51.4%75.9%60.2%75.7%
Call IV 25d25.3%16.7%34.9%28.2%30.0%
Put IV 25d67.0%59.1%77.1%64.0%76.8%
Bid-Ask Spread %53.1532.6780.0871.6847.29
Gamma HHI0.330.220.390.220.33
Net GEX-841.8K-1.1M-378.6K-378.6K-970.5K
Net DEX18.8M9.3M24.0M10.8M22.7M
Net VEX-140.3K-154.2K-114.1K-117.6K-140.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio7.100.0175.000.570.19
Total Volume8,88747063,650470630
Total OI403,447303,540437,880303,600433,490

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2008-03-03$2.41$2.5030.9%8.9%25.7%28.6%33.3%35.8%12.4%-378.6K10.8M-117.6K0.5771.68N/AN/A30017057,950245,650
2008-03-04$2.37$2.5049.4%14.2%22.9%51.8%49.5%33.9%5.7%-412.3K12.4M-114.1K3.0459.62N/AN/A1,0003,04057,900245,640
2008-03-05$2.45$2.5025.9%7.4%24.2%22.2%42.5%46.9%10.1%-391.1K9.3M-119.2K9.4980.08N/AN/A5,26049,94057,850247,740
2008-03-06$2.42$2.5035.3%10.1%24.1%34.1%58.5%46.4%2.8%-455.3K11.5M-136.2K75.0058.60N/AN/A16012,00061,390295,420
2008-03-07$2.38$2.5019.4%7.3%24.9%14.1%24.4%38.0%10.4%-515.7K12.5M-134.9K21.0266.62N/AN/A2,89060,76061,420305,930
2008-03-10$2.38$2.5023.8%9.4%24.6%19.6%40.1%46.6%10.8%-886.3K20.9M-153.9K1.8940.75N/AN/A1,0802,04062,960364,360
2008-03-11$2.44$2.5020.9%8.3%25.8%16.0%31.4%38.2%9.8%-1.0M19.0M-152.6K12.6360.41N/AN/A3804,80063,700363,000
2008-03-12$2.45$2.5022.3%9.0%25.6%17.8%0.0%42.2%7.0%-998.6K17.0M-154.2K3.6459.41N/AN/A11040063,930365,500
2008-03-13$2.45$2.5030.7%8.8%25.6%28.3%30.7%43.3%9.6%-1.0M17.8M-153.7K0.8458.08N/AN/A94079064,020366,000
2008-03-14$2.38$2.5029.3%8.4%27.9%26.5%55.4%41.2%8.8%-955.9K20.8M-150.5K3.8133.19N/AN/A3201,22064,250366,190
2008-03-17$2.34$2.5046.2%13.2%28.7%47.7%18.7%37.7%6.5%-937.2K24.0M-145.4K0.4549.32N/AN/A1,00045064,500366,150
2008-03-18$2.41$2.5030.5%8.8%30.5%28.1%30.5%45.0%11.1%-1.0M20.6M-145.3K3.6332.67N/AN/A1,5805,74064,500366,250
2008-03-19$2.36$2.5050.2%14.4%31.3%52.8%67.1%38.8%6.9%-944.1K22.9M-143.1K0.9467.30N/AN/A53050066,060371,700
2008-03-20$2.36$2.5049.2%14.1%30.6%51.6%49.7%37.7%7.7%-931.8K22.6M-143.2K1.0764.96N/AN/A30032065,980371,900
2008-03-24$2.39$2.5026.8%7.7%28.9%23.5%33.0%47.8%14.8%-1.1M21.2M-142.1K0.6137.75N/AN/A89054055,630363,240
2008-03-25$2.40$2.5028.9%8.3%26.3%26.1%41.6%45.5%12.7%-1.1M20.9M-141.8K0.9148.58N/AN/A74067056,470363,770
2008-03-26$2.35$2.5056.2%16.1%26.2%60.3%53.1%30.5%6.4%-943.6K23.0M-136.6K2.0737.73N/AN/A2,2504,65057,010364,050
2008-03-27$2.37$2.5054.4%15.6%26.3%58.0%0.0%48.9%9.4%-953.1K22.2M-141.2K0.1445.95N/AN/A5,25075059,060367,510
2008-03-28$2.35$2.5055.0%15.8%26.4%58.9%33.9%42.2%5.7%-961.1K23.7M-140.5K0.0143.05N/AN/A3,3104063,890366,980
2008-03-31$2.35$2.5056.0%16.0%26.2%60.0%0.0%46.8%4.9%-970.5K22.7M-140.2K0.1947.29N/AN/A53010066,510366,980