HUN Options History — April 2008

In April 2008, HUN traded between $2.19 and $2.35. ATM implied volatility averaged 56.7%, placing in the 60.9% IV rank vs the trailing year. The 30-day expected move averaged 16.9%. IV traded above realized volatility by 38.2% (HV 20d: 18.5%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 4.08.

Notable Days

  • 2008-04-09: Highest Volume — 87,720 contracts
  • 2008-04-10: Largest IV spike — 28.4% change
  • 2008-04-17: Highest IV Rank — 70.0%
  • 2008-04-04: Largest Expected Move — 18.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.23$2.19$2.35$2.35$2.25
Max Pain$2.50$2.50$2.50$2.50$2.50
ATM IV56.7%44.7%63.9%53.8%57.5%
Expected Move16.9%14.9%18.7%15.4%16.5%
HV 20d18.5%13.1%26.3%26.2%14.3%
HV 60d23.8%21.4%25.6%25.6%21.4%
IV Rank60.9%45.9%70.0%57.4%61.9%
IV Percentile93.1%83.7%98.4%93.3%93.3%
Term Structure-0.5%-13.9%12.0%8.7%4.3%
VWIV65.1%37.1%87.1%62.0%60.5%
Skew 25d32.7%19.4%43.7%43.7%23.2%
Skew 10d56.9%36.5%73.8%73.4%36.5%
Call IV 25d46.5%32.2%53.7%32.2%50.3%
Put IV 25d79.2%68.9%87.3%75.9%73.6%
Bid-Ask Spread %42.3424.0856.6542.0624.08
Gamma HHI0.270.220.380.340.22
Net GEX-797.5K-997.5K-523.1K-997.5K-533.9K
Net DEX25.1M10.0M36.8M23.5M10.0M
Net VEX-193.5K-238.1K-133.1K-138.4K-238.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio4.080.0123.670.364.29
Total Volume27,7852,74087,72011,05042,140
Total OI633,863.636434,090790,100434,090790,100

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2008-04-01$2.35$2.5053.8%15.4%26.2%57.4%62.0%43.7%8.7%-997.5K23.5M-138.4K0.3642.06N/AN/A8,1002,95067,010367,080
2008-04-02$2.32$2.5056.5%16.2%26.3%60.7%63.7%42.7%7.0%-865.5K23.9M-143.6K0.5256.65N/AN/A1,80094074,950368,970
2008-04-03$2.27$2.5051.9%14.9%24.2%54.9%53.8%39.7%12.0%-867.4K26.6M-135.6K1.5355.72N/AN/A4,2706,52068,320369,670
2008-04-04$2.27$2.5051.6%18.7%24.1%54.6%62.4%40.4%-13.9%-846.4K26.1M-137.4K1.7745.12N/AN/A4,5408,03070,090375,210
2008-04-07$2.25$2.5048.3%17.9%23.6%50.5%77.5%38.0%-11.5%-908.3K29.5M-133.1K23.6742.93N/AN/A2,46058,24073,020382,080
2008-04-08$2.23$2.5044.7%16.4%23.8%45.9%37.5%37.4%-4.3%-937.2K36.2M-150.5K0.1450.70N/AN/A49,6007,02073,750437,390
2008-04-09$2.21$2.5048.9%16.7%21.7%51.2%87.1%37.8%-5.5%-795.2K32.1M-174.2K23.1747.00N/AN/A3,63084,090121,030435,110
2008-04-10$2.23$2.5062.8%18.0%22.0%68.7%86.0%40.0%-3.9%-978.6K34.9M-192.7K3.2148.62N/AN/A12,00038,570123,520518,250
2008-04-11$2.21$2.5062.9%18.0%22.0%68.8%81.9%35.1%-6.5%-988.6K35.5M-208.3K3.9538.00N/AN/A8703,440130,460549,490
2008-04-14$2.21$2.5062.9%18.0%20.0%68.7%60.6%35.0%-5.0%-967.4K36.1M-207.7K4.2049.30N/AN/A2,1208,910135,540551,900
2008-04-15$2.22$2.5062.9%18.0%19.3%68.7%68.4%34.0%-5.5%-979.8K36.3M-208.3K0.4838.08N/AN/A3,2901,580137,570557,480
2008-04-16$2.19$2.5061.9%17.8%15.3%67.5%65.6%30.0%-3.5%-939.5K36.8M-203.8K0.5939.17N/AN/A5,2203,080139,560557,540
2008-04-17$2.19$2.5063.9%18.3%14.2%70.0%64.7%37.5%-6.4%-964.7K29.3M-202.6K0.0631.66N/AN/A39,6002,400144,190520,690
2008-04-18$2.20$2.5060.6%17.4%14.6%65.9%60.2%35.3%-2.4%-921.2K25.9M-215.3K8.2136.74N/AN/A2,88023,640171,620522,540
2008-04-21$2.19$2.5059.5%17.1%13.1%64.5%69.3%28.2%2.0%-663.1K21.6M-204.6K0.5552.05N/AN/A43,30024,020170,140495,820
2008-04-22$2.21$2.5055.4%15.9%14.1%59.3%71.1%25.6%5.0%-648.5K19.6M-205.5K0.1337.26N/AN/A25,7003,460170,140491,820
2008-04-23$2.20$2.5056.0%16.0%13.3%60.0%53.6%24.2%3.3%-561.0K16.0M-227.4K0.2536.90N/AN/A15,7103,890219,870513,050
2008-04-24$2.20$2.5055.2%15.8%13.1%59.1%37.1%19.4%5.8%-552.2K15.5M-232.9K11.0137.01N/AN/A1,56017,180232,490515,680
2008-04-25$2.22$2.5056.3%16.1%13.6%60.4%74.4%24.9%3.7%-555.9K13.5M-234.2K0.0141.66N/AN/A6,61040233,370524,860
2008-04-28$2.23$2.5053.8%15.4%13.5%57.3%60.5%20.1%5.9%-549.6K12.2M-227.2K0.8533.31N/AN/A10,3508,770238,900524,880
2008-04-29$2.21$2.5059.7%17.1%13.6%64.8%74.2%27.2%-0.6%-523.1K12.0M-235.5K0.7547.46N/AN/A10,7008,050248,840531,010
2008-04-30$2.25$2.5057.5%16.5%14.3%61.9%60.5%23.2%4.3%-533.9K10.0M-238.1K4.2924.08N/AN/A7,97034,170253,390536,710