HUN Options History — June 2008

In June 2008, HUN traded between $1.07 and $2.17. ATM implied volatility averaged 74.6%, placing in the 78.6% IV rank vs the trailing year. The 30-day expected move averaged 22.1%. IV traded below realized volatility by 4.0% (HV 20d: 78.6%). Max pain ranged from $1.50 to $2.25. Net GEX was positive for 12 of 21 trading days. Term structure was in contango for 17 of 21 days. Put/call ratio averaged 1.61.

Notable Days

  • 2008-06-19: Highest Volume — 1,027,270 contracts
  • 2008-06-27: Largest IV spike — 48.4% change
  • 2008-06-16: Highest IV Rank — 100.0%
  • 2008-06-27: Largest Expected Move — 29.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.77$1.07$2.17$2.16$1.14
Max Pain$1.94$1.50$2.25$2.25$1.50
ATM IV74.6%40.2%101.8%40.2%87.5%
Expected Move22.1%11.5%29.2%11.5%25.1%
HV 20d78.6%18.8%177.2%20.9%177.2%
HV 60d50.9%18.5%104.2%20.3%104.2%
IV Rank78.6%40.3%100.0%40.3%84.3%
IV Percentile94.0%65.5%100.0%65.5%97.6%
Term Structure12.9%-7.3%34.9%24.3%34.0%
VWIV76.8%34.8%117.3%34.8%91.5%
Skew 25d14.9%-17.9%27.2%20.6%7.4%
Skew 10d17.0%-32.2%41.4%11.8%-12.5%
Call IV 25d70.5%39.1%115.9%39.1%91.9%
Put IV 25d85.4%59.6%103.0%59.6%99.3%
Bid-Ask Spread %26.0812.0754.7554.7516.43
Gamma HHI0.300.160.390.360.23
Net GEX54.3K-791.4K558.0K388.0K143.8K
Net DEX32.0M-22.3M118.5M-19.7M77.3M
Net VEX-434.1K-585.5K-257.6K-421.0K-404.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.610.155.500.251.03
Total Volume204,721.9055,5901,027,27022,13098,470
Total OI2,276,358.0951,425,5503,743,1301,425,5503,743,130

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2008-06-02$2.16$2.2540.2%11.5%20.9%40.3%34.8%20.6%24.3%388.0K-19.7M-421.0K0.2554.75N/AN/A17,7404,390725,940699,610
2008-06-03$2.12$2.2558.5%16.8%20.5%63.2%52.2%18.8%18.2%407.4K-14.9M-414.8K2.0448.31N/AN/A24,73050,530738,750697,920
2008-06-04$2.15$2.2552.1%14.9%21.5%55.2%54.9%13.4%18.8%498.2K-19.8M-444.6K0.7433.45N/AN/A31,41023,390751,640742,290
2008-06-05$2.17$2.2551.9%14.9%21.6%55.0%43.4%21.3%21.8%558.0K-22.3M-448.8K0.7542.93N/AN/A34,94026,250772,090759,280
2008-06-06$2.11$2.2568.2%23.3%22.8%75.4%76.9%18.9%2.3%485.2K-15.3M-448.0K2.3626.61N/AN/A91,020214,940788,230781,300
2008-06-09$2.11$2.2574.3%23.9%21.5%83.1%73.2%23.1%-1.6%256.4K-3.4M-498.4K3.3917.81N/AN/A11,69039,620840,630941,320
2008-06-10$2.13$2.2560.3%21.4%21.4%65.5%82.0%20.9%0.1%271.8K-5.5M-519.0K2.6918.41N/AN/A12,30033,070873,550993,950
2008-06-11$2.10$2.0070.3%24.9%18.9%78.0%86.9%26.3%-0.4%138.5K-2.3M-527.8K2.3417.29N/AN/A64,590151,290879,9501,013,080
2008-06-12$2.12$2.0086.7%24.8%18.9%98.6%85.1%27.2%1.8%20.9K-146.4K-577.5K0.8818.64N/AN/A34,56030,260932,5101,154,470
2008-06-13$2.11$2.0086.3%24.7%18.8%98.0%81.4%23.7%1.8%75.7K-2.9M-585.5K3.8824.94N/AN/A5,99023,230959,9201,177,770
2008-06-16$2.09$2.0089.0%25.5%18.9%100.0%68.5%24.0%3.4%-3.2K1.2M-568.3K5.5023.30N/AN/A8604,730964,3401,197,330
2008-06-17$2.03$2.0092.2%26.4%19.0%100.0%92.0%25.6%-2.4%-199.5K22.6M-539.1K2.6817.49N/AN/A26,68071,600964,5401,196,260
2008-06-18$2.09$2.0096.5%27.7%22.4%100.0%93.6%25.7%-7.3%-99.2K8.2M-571.4K0.9714.80N/AN/A93,91091,450983,3401,252,670
2008-06-19$1.29$2.0086.3%24.8%171.9%88.5%91.3%-0.9%17.8%-791.4K118.5M-257.6K0.6333.98N/AN/A629,340397,9301,063,2901,332,740
2008-06-20$1.28$1.7592.1%26.4%171.8%94.9%117.3%-17.9%7.9%-466.0K103.1M-333.5K1.2424.33N/AN/A140,850174,4001,349,7301,439,110
2008-06-23$1.28$1.7576.8%22.0%171.9%77.7%81.0%0.4%21.4%-312.9K87.6M-291.1K0.4822.49N/AN/A230,410110,8101,339,5901,206,500
2008-06-24$1.31$1.5068.3%19.6%172.3%68.1%71.7%7.8%28.3%-142.5K85.6M-326.6K0.1512.07N/AN/A152,09022,8501,539,4401,310,570
2008-06-25$1.26$1.5058.3%16.7%172.1%56.7%60.5%6.5%34.9%78.5K84.5M-310.5K0.9416.51N/AN/A264,330247,9301,626,7201,314,940
2008-06-26$1.16$1.5068.6%19.7%173.1%68.4%80.5%4.9%28.9%-35.1K92.6M-337.9K0.4430.18N/AN/A117,96051,4101,853,4201,524,120
2008-06-27$1.07$1.50101.8%29.2%173.6%100.0%94.0%15.7%16.2%-132.6K97.3M-290.1K0.4432.96N/AN/A309,990135,2201,853,4201,524,120
2008-06-30$1.14$1.5087.5%25.1%177.2%84.3%91.5%7.4%34.0%143.8K77.3M-404.2K1.0316.43N/AN/A48,54049,9302,175,3701,567,760