HUN Options History — February 2009

In February 2009, HUN traded between $0.21 and $0.31. ATM implied volatility averaged 108.2%, placing in the 38.3% IV rank vs the trailing year. The 30-day expected move averaged 33.1%. IV traded above realized volatility by 32.4% (HV 20d: 75.8%). Max pain ranged from $0.25 to $0.50. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 13 of 19 days. Put/call ratio averaged 0.59.

Notable Days

  • 2009-02-26: Highest Volume — 46,640 contracts
  • 2009-02-09: Largest IV spike — 55.3% change
  • 2009-02-17: Highest IV Rank — 51.1%
  • 2009-02-17: Largest Expected Move — 39.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$0.26$0.21$0.31$0.26$0.26
Max Pain$0.30$0.25$0.50$0.50$0.25
ATM IV108.2%73.7%137.9%119.1%113.7%
Expected Move33.1%27.3%39.5%34.1%32.6%
HV 20d75.8%57.3%107.1%60.7%107.1%
HV 60d161.9%159.6%164.0%164.0%160.8%
IV Rank38.3%23.4%51.1%43.0%40.7%
IV Percentile56.3%35.7%71.8%64.3%58.3%
Term Structure4.3%-20.9%29.8%7.3%8.1%
VWIV116.0%97.3%134.8%119.1%113.7%
Skew 25d5.7%-6.1%33.6%10.8%2.0%
Skew 10d33.1%-4.1%61.1%15.7%61.1%
Call IV 25d119.5%75.6%152.9%108.2%144.4%
Put IV 25d125.1%100.4%146.8%119.0%146.4%
Bid-Ask Spread %15.747.0526.329.6115.64
Gamma HHI0.670.480.830.630.58
Net GEX12.4K8.4K18.2K8.7K18.2K
Net DEX1.4M-1.1M2.6M2.5M-1.1M
Net VEX-11.5K-14.0K-9.0K-10.8K-14.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.590.002.420.430.77
Total Volume13,331.5792,18046,6405,35015,500
Total OI942,674.737297,3401,187,5201,139,150363,160

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2009-02-02$0.26$0.50119.1%34.1%60.7%43.0%119.1%10.8%7.3%8.7K2.5M-10.8K0.439.61N/AN/A3,7401,610933,360205,790
2009-02-03$0.26$0.50104.6%30.0%60.7%36.7%103.4%3.4%16.8%8.8K2.5M-10.9K0.279.14N/AN/A6,0401,650933,620206,910
2009-02-04$0.26$0.50100.6%28.8%57.3%35.0%100.5%-1.7%29.8%9.2K2.4M-11.1K0.387.05N/AN/A6,4802,490934,260205,890
2009-02-05$0.28$0.5098.7%28.3%61.9%34.2%0.0%3.6%19.3%10.6K2.0M-11.1K0.3914.99N/AN/A9,6803,810936,760207,780
2009-02-06$0.30$0.2573.7%35.7%65.1%23.4%122.9%33.6%-3.4%13.7K2.0M-13.1K0.3515.66N/AN/A9,3903,320943,730209,320
2009-02-09$0.31$0.25114.4%35.3%67.1%41.0%119.9%15.0%-1.3%14.1K1.7M-12.5K0.1914.40N/AN/A17,2703,350946,990210,010
2009-02-10$0.28$0.2578.9%34.2%71.1%25.7%115.6%5.3%-20.9%14.2K1.8M-12.7K1.9120.32N/AN/A2,6605,080958,010210,390
2009-02-11$0.30$0.2579.2%33.6%73.6%25.8%120.2%18.8%1.6%14.6K1.7M-13.2K0.0022.38N/AN/A2,1800959,070213,970
2009-02-12$0.28$0.25111.9%32.1%73.4%39.9%111.7%5.1%11.7%13.2K1.6M-12.6K0.1419.83N/AN/A7,6001,100959,740211,470
2009-02-13$0.29$0.25115.1%33.0%73.9%41.3%0.0%7.4%6.5%14.4K1.5M-13.0K0.0417.44N/AN/A4,560200966,080211,880
2009-02-17$0.27$0.25137.9%39.5%79.1%51.1%134.8%-3.8%-18.6%15.0K1.9M-11.8K1.2614.60N/AN/A1,4501,830968,670211,900
2009-02-18$0.25$0.25122.4%35.1%77.1%44.5%122.4%9.0%4.1%15.3K2.1M-11.0K0.5613.45N/AN/A8,9905,040968,440211,820
2009-02-19$0.25$0.25120.4%34.5%73.8%43.6%120.5%6.4%8.4%16.3K2.1M-10.8K0.6716.23N/AN/A10,4507,040971,800212,860
2009-02-20$0.23$0.25120.2%34.4%75.4%43.5%120.2%-4.7%10.1%9.6K2.6M-9.7K2.4211.35N/AN/A4,87011,780974,340213,180
2009-02-23$0.21$0.25115.1%33.0%79.4%41.3%110.5%-6.1%-11.6%8.4K-125.1K-9.0K0.4415.40N/AN/A9,6404,230205,34092,000
2009-02-24$0.24$0.25131.4%37.7%93.1%48.3%131.1%6.0%-1.9%11.3K-469.0K-10.7K0.5314.55N/AN/A12,1806,400211,76093,810
2009-02-25$0.23$0.25102.8%29.5%94.4%36.0%108.4%-1.6%6.5%9.7K-378.5K-10.2K0.2520.68N/AN/A12,0203,030220,73098,690
2009-02-26$0.23$0.2595.1%27.3%95.9%32.7%97.3%-1.0%9.9%11.2K-351.3K-10.9K0.0926.32N/AN/A42,9203,720226,390100,900
2009-02-27$0.26$0.25113.7%32.6%107.1%40.7%113.7%2.0%8.1%18.2K-1.1M-14.0K0.7715.64N/AN/A8,7506,750258,880104,280