HUN Options History — January 2009

In January 2009, HUN traded between $0.27 and $0.37. ATM implied volatility averaged 117.2%, placing in the 42.2% IV rank vs the trailing year. The 30-day expected move averaged 35.6%. IV traded below realized volatility by 20.5% (HV 20d: 137.7%). Max pain ranged from $0.50 to $0.75. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 0.45.

Notable Days

  • 2009-01-07: Highest Volume — 39,550 contracts
  • 2009-01-06: Largest IV drop — 49.4% change
  • 2009-01-05: Highest IV Rank — 62.4%
  • 2009-01-14: Largest Expected Move — 40.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$0.31$0.27$0.37$0.35$0.27
Max Pain$0.66$0.50$0.75$0.50$0.50
ATM IV117.2%83.1%164.1%120.1%106.5%
Expected Move35.6%30.5%40.0%34.4%30.5%
HV 20d137.7%59.5%253.5%253.5%60.8%
HV 60d176.2%164.0%188.0%188.0%164.0%
IV Rank42.2%27.5%62.4%43.5%37.6%
IV Percentile65.4%47.6%82.9%68.7%59.9%
Term Structure5.2%-13.4%49.4%49.4%21.9%
VWIV122.3%106.5%139.3%120.3%106.5%
Skew 25d0.5%-56.8%44.8%8.7%11.3%
Skew 10d6.6%-68.4%58.8%-4.0%15.5%
Call IV 25d125.6%85.3%175.5%147.6%95.4%
Put IV 25d126.1%106.6%156.4%156.4%106.6%
Bid-Ask Spread %9.706.2614.156.919.94
Gamma HHI0.660.470.910.480.67
Net GEX12.1K8.3K19.8K9.1K10.1K
Net DEX3.1M2.1M4.1M4.1M2.4M
Net VEX-13.5K-18.8K-10.5K-10.6K-11.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.450.051.540.201.54
Total Volume13,1502,09039,55012,23015,160
Total OI1,200,979.51,116,5301,281,2101,219,3401,133,340

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2009-01-02$0.35$0.50120.1%34.4%253.5%43.5%120.3%8.7%49.4%9.1K4.1M-10.6K0.206.91N/AN/A10,1702,060943,250276,090
2009-01-05$0.34$0.75164.1%37.4%252.8%62.4%123.6%6.2%-4.4%13.1K3.5M-15.4K0.6811.03N/AN/A9,5606,520947,670275,710
2009-01-06$0.35$0.7583.1%35.4%251.5%27.5%123.8%-4.0%-1.2%14.2K3.5M-16.7K0.3511.53N/AN/A15,3605,300953,860280,280
2009-01-07$0.37$0.7593.5%36.8%251.7%32.0%116.1%17.7%5.5%15.2K3.2M-18.8K0.2310.97N/AN/A32,0907,460962,810284,070
2009-01-08$0.36$0.7597.8%35.0%251.4%33.8%115.0%4.1%1.6%19.8K3.4M-17.7K1.3610.98N/AN/A3,8205,180981,320288,900
2009-01-09$0.35$0.75104.7%35.7%251.5%36.8%119.1%2.9%-2.9%18.5K3.4M-17.2K0.4812.63N/AN/A4,4102,110983,080290,190
2009-01-12$0.32$0.75103.5%36.8%251.4%36.3%129.4%-0.2%6.4%16.1K3.5M-15.7K0.6614.15N/AN/A16,87011,090984,200291,790
2009-01-13$0.32$0.75121.8%35.8%248.7%44.2%0.0%-3.2%12.5%9.1K3.8M-11.6K0.1111.12N/AN/A5,730640983,730297,200
2009-01-14$0.31$0.75115.4%40.0%64.5%41.4%139.3%1.2%-13.4%13.3K3.7M-15.1K0.7910.97N/AN/A4,1203,260983,090297,100
2009-01-15$0.30$0.75122.2%35.0%64.5%44.4%115.7%-0.4%2.1%12.9K3.8M-14.0K0.418.54N/AN/A11,9104,880982,630297,770
2009-01-16$0.31$0.75122.4%35.1%60.4%44.4%0.0%-27.4%-2.0%9.0K3.8M-11.3K0.229.26N/AN/A11,9702,620986,710294,500
2009-01-20$0.29$0.75127.8%36.6%61.0%46.8%133.8%-9.1%-2.1%11.1K3.2M-12.9K0.537.83N/AN/A7,3103,900912,270231,430
2009-01-21$0.30$0.75125.3%35.9%63.8%45.7%0.0%-35.7%3.0%9.0K2.7M-11.3K0.179.63N/AN/A2,880480916,010223,620
2009-01-22$0.29$0.75122.3%35.1%62.2%44.4%0.0%-43.7%8.3%8.3K2.6M-10.5K0.056.26N/AN/A8,880450917,350222,850
2009-01-23$0.29$0.50130.0%37.3%61.3%47.7%129.9%44.8%-1.8%11.7K2.2M-12.9K0.296.36N/AN/A3,7501,070916,790200,970
2009-01-26$0.29$0.50118.1%33.9%61.1%42.6%0.0%-56.8%12.8%8.4K2.1M-10.5K0.208.12N/AN/A10,4802,060914,900201,630
2009-01-27$0.29$0.50127.3%36.5%61.1%46.6%123.7%37.8%-3.8%11.3K2.3M-12.7K0.429.63N/AN/A3,5501,500918,650201,840
2009-01-28$0.28$0.50117.4%33.7%60.4%42.3%117.1%28.5%16.1%10.8K2.4M-11.9K0.257.69N/AN/A1,670420918,850201,640
2009-01-29$0.28$0.50120.4%34.5%59.5%43.6%120.7%27.2%-5.0%10.1K2.4M-11.7K0.0710.49N/AN/A20,7801,530919,660201,840
2009-01-30$0.27$0.50106.5%30.5%60.8%37.6%106.5%11.3%21.9%10.1K2.4M-11.3K1.549.94N/AN/A5,9609,200931,260202,080