HUN Options History — October 2008

In October 2008, HUN traded between $0.88 and $1.36. ATM implied volatility averaged 187.4%, placing in the 72.5% IV rank vs the trailing year. The 30-day expected move averaged 53.6%. IV traded below realized volatility by 43.1% (HV 20d: 230.5%). Max pain ranged from $1.00 to $1.25. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 2 of 23 days. Put/call ratio averaged 0.32.

Notable Days

  • 2008-10-31: Highest Volume — 806,520 contracts
  • 2008-10-06: Largest IV spike — 23.5% change
  • 2008-10-16: Highest IV Rank — 88.8%
  • 2008-10-16: Largest Expected Move — 64.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.16$0.88$1.36$1.22$1.01
Max Pain$1.24$1.00$1.25$1.25$1.25
ATM IV187.4%155.7%225.2%162.8%176.6%
Expected Move53.6%44.6%64.6%46.7%50.6%
HV 20d230.5%135.6%258.4%241.9%175.1%
HV 60d154.9%142.5%171.3%142.5%171.3%
IV Rank72.5%58.8%88.8%61.9%67.8%
IV Percentile93.5%85.7%99.6%93.7%88.1%
Term Structure-34.2%-85.1%13.0%-3.3%-9.1%
VWIV182.0%159.0%212.9%162.7%177.5%
Skew 25d27.2%-13.7%61.3%-12.0%10.1%
Skew 10d58.2%-9.9%145.6%0.1%15.4%
Call IV 25d169.2%139.8%186.4%176.8%173.4%
Put IV 25d196.5%161.8%231.7%164.8%183.5%
Bid-Ask Spread %28.5313.3351.2126.6919.27
Gamma HHI0.250.220.370.270.22
Net GEX1.5M716.3K3.3M1.6M860.1K
Net DEX-83.3M-159.2M-12.0M-94.4M-12.0M
Net VEX-528.7K-643.9K-347.8K-643.9K-347.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.320.040.880.090.58
Total Volume212,706.08723,980806,520171,380806,520
Total OI4,030,546.9573,547,9104,385,2504,059,7904,015,640

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2008-10-01$1.22$1.25162.8%46.7%241.9%61.9%162.7%-12.0%-3.3%1.6M-94.4M-643.9K0.0926.69N/AN/A156,83014,5502,945,4901,114,300
2008-10-02$1.09$1.25163.3%46.8%244.4%62.1%171.1%-13.7%3.5%1.3M-65.6M-565.5K0.2842.85N/AN/A107,86029,9603,019,1801,122,700
2008-10-03$1.06$1.00155.7%44.6%244.1%58.8%159.0%-13.7%13.0%1.2M-56.6M-547.9K0.2941.35N/AN/A62,93018,3903,069,3201,126,930
2008-10-06$0.99$1.25192.3%54.4%239.1%74.6%186.5%33.8%-53.6%1.0M-49.6M-499.8K0.8842.78N/AN/A153,910134,9403,071,5001,133,250
2008-10-07$0.88$1.25201.2%55.6%242.4%78.5%192.6%9.3%-48.8%716.3K-21.7M-428.4K0.5937.91N/AN/A62,09036,3803,056,9401,176,100
2008-10-08$0.91$1.25202.3%57.6%242.8%78.9%195.5%18.1%-61.1%810.5K-27.8M-423.9K0.2329.72N/AN/A19,4804,5003,093,1901,071,150
2008-10-09$1.16$1.25205.8%56.1%258.4%80.4%193.9%46.1%-58.5%1.4M-93.4M-575.0K0.3927.93N/AN/A171,48066,3203,069,4301,069,200
2008-10-10$1.16$1.25224.9%60.9%254.4%88.7%212.9%61.2%-78.6%1.5M-118.9M-587.6K0.1851.21N/AN/A34,0706,2903,111,8001,087,080
2008-10-13$1.33$1.25188.8%58.7%256.8%73.1%195.6%56.9%-72.4%2.0M-154.0M-630.1K0.2434.93N/AN/A135,68032,2403,084,4401,088,830
2008-10-14$1.35$1.25197.2%57.5%256.2%76.7%183.3%51.7%-73.7%2.3M-159.2M-625.6K0.6313.33N/AN/A97,27061,5903,121,4801,091,460
2008-10-15$1.17$1.25208.9%61.1%253.2%81.8%209.2%47.3%-78.0%1.6M-93.9M-528.4K0.3426.56N/AN/A195,75067,0203,129,3001,142,800
2008-10-16$1.22$1.25225.2%64.6%253.3%88.8%198.2%61.3%-85.1%1.8M-118.9M-567.8K0.2025.42N/AN/A217,88043,5303,250,8701,134,380
2008-10-17$1.24$1.25203.9%58.5%248.7%79.6%201.4%51.1%-57.7%3.3M-108.7M-559.1K0.3024.32N/AN/A260,69078,5403,215,2501,168,040
2008-10-20$1.19$1.25183.9%52.7%247.0%71.0%176.0%35.9%-9.4%1.3M-73.4M-506.0K0.1424.84N/AN/A66,5909,4202,651,210896,700
2008-10-21$1.19$1.25183.2%52.5%246.9%70.7%166.5%33.8%-19.6%1.4M-79.9M-507.9K0.1019.80N/AN/A204,01020,3602,667,410897,610
2008-10-22$1.10$1.25194.6%55.8%247.8%75.6%178.8%29.7%-17.8%1.1M-54.5M-464.1K0.0418.44N/AN/A313,16013,9102,761,580912,840
2008-10-23$1.13$1.25177.9%51.0%247.3%68.4%171.3%25.7%-17.6%1.4M-71.0M-509.7K0.4129.62N/AN/A28,24011,5502,964,210918,810
2008-10-24$1.16$1.25180.8%51.8%246.5%69.6%176.8%16.4%-15.7%1.5M-74.0M-517.7K0.1835.05N/AN/A46,1508,0902,935,020921,700
2008-10-27$1.20$1.25185.7%53.2%237.9%71.7%183.4%15.4%-23.3%1.6M-90.4M-530.0K0.1219.23N/AN/A183,65021,9002,888,500928,010
2008-10-28$1.23$1.25173.5%49.7%140.4%66.5%172.9%16.4%-10.4%1.6M-83.8M-509.7K0.2131.79N/AN/A153,60032,3702,910,500934,350
2008-10-29$1.29$1.25159.5%45.7%140.8%60.4%160.2%16.8%-2.5%1.9M-92.3M-524.2K0.1214.40N/AN/A235,00027,6402,889,050936,490
2008-10-30$1.36$1.25161.2%46.2%135.6%61.2%159.6%29.0%-6.2%2.2M-121.5M-559.0K0.8218.64N/AN/A241,230198,6802,950,580957,960
2008-10-31$1.01$1.25176.6%50.6%175.1%67.8%177.5%10.1%-9.1%860.1K-12.0M-347.8K0.5819.27N/AN/A510,000296,5203,015,2401,000,400