HUN Options History — April 2009

In April 2009, HUN traded between $0.34 and $0.54. ATM implied volatility averaged 101.1%, placing in the 30.0% IV rank vs the trailing year. The 30-day expected move averaged 30.6%. IV traded above realized volatility by 23.7% (HV 20d: 77.4%). Max pain ranged from $0.25 to $0.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 0.37.

Notable Days

  • 2009-04-30: Highest Volume — 116,350 contracts
  • 2009-04-09: Largest IV spike — 40.9% change
  • 2009-04-21: Highest IV Rank — 41.9%
  • 2009-04-21: Largest Expected Move — 36.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$0.43$0.34$0.54$0.34$0.54
Max Pain$0.32$0.25$0.50$0.25$0.50
ATM IV101.1%73.5%126.6%114.6%88.7%
Expected Move30.6%21.1%36.3%32.8%25.4%
HV 20d77.4%65.1%90.1%89.9%79.1%
HV 60d90.2%87.6%93.6%88.9%93.2%
IV Rank30.0%17.1%41.9%36.3%24.2%
IV Percentile40.4%13.5%66.7%55.6%23.8%
Term Structure-1.6%-18.9%47.2%44.3%-10.2%
VWIV107.4%72.5%135.3%99.6%93.7%
Skew 25d17.7%-16.3%58.9%15.5%-16.3%
Skew 10d23.2%-20.3%95.0%20.0%-9.0%
Call IV 25d108.3%65.0%130.3%116.8%111.4%
Put IV 25d126.0%89.3%156.8%132.3%95.1%
Bid-Ask Spread %12.267.3521.3616.998.93
Gamma HHI0.710.500.810.500.59
Net GEX69.6K12.0K121.9K14.0K105.7K
Net DEX-6.6M-12.2M-2.7M-2.7M-12.2M
Net VEX-24.5K-38.4K-10.7K-10.7K-38.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.370.081.610.460.16
Total Volume39,050.9524,670116,3504,670116,350
Total OI493,311.429388,270674,640388,270674,640

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2009-04-01$0.34$0.25114.6%32.8%89.9%36.3%0.0%15.5%44.3%14.0K-2.7M-10.7K0.4616.99N/AN/A3,2001,470286,660101,610
2009-04-02$0.35$0.25118.3%33.9%75.3%38.0%99.6%20.7%47.2%12.0K-2.9M-11.0K0.3315.51N/AN/A17,2505,720288,390101,600
2009-04-03$0.37$0.2592.7%35.3%75.2%26.1%119.5%5.0%14.5%39.0K-3.9M-18.5K0.1116.51N/AN/A16,4701,750296,420104,390
2009-04-06$0.39$0.2585.8%32.1%72.3%22.9%112.3%13.9%-8.5%46.0K-4.6M-19.3K0.1013.92N/AN/A9,210960306,070105,930
2009-04-07$0.38$0.2576.6%30.6%65.2%18.6%113.1%16.9%-7.8%45.2K-4.4M-18.9K0.1714.29N/AN/A7,1501,180311,250106,310
2009-04-08$0.38$0.2584.4%33.6%65.1%22.2%117.1%10.5%-14.6%47.1K-4.7M-19.5K1.6114.11N/AN/A3,6305,850315,440105,410
2009-04-09$0.41$0.25119.0%34.1%66.2%38.3%121.8%18.5%-18.9%52.0K-5.5M-20.9K0.0811.32N/AN/A21,9001,850316,180108,810
2009-04-13$0.43$0.25108.4%31.1%67.1%33.4%108.5%15.8%-16.4%65.0K-6.2M-21.1K0.099.27N/AN/A32,4602,860327,650109,600
2009-04-14$0.43$0.25108.7%31.2%67.6%33.5%109.7%15.3%-15.6%67.7K-6.3M-21.8K0.1610.68N/AN/A46,7707,610337,810110,960
2009-04-15$0.44$0.25109.5%31.4%67.6%33.9%109.3%16.8%-11.5%72.9K-6.7M-23.4K0.097.35N/AN/A15,4301,410350,900112,020
2009-04-16$0.47$0.25101.9%29.2%70.5%30.4%101.9%28.5%-6.8%98.0K-8.4M-24.9K0.298.64N/AN/A53,30015,620352,360111,860
2009-04-17$0.46$0.25108.9%31.2%71.6%33.7%119.9%34.6%-9.3%79.4K-8.3M-27.1K0.7520.21N/AN/A28,11020,960373,570125,120
2009-04-20$0.41$0.25119.9%34.4%85.9%38.8%127.8%14.6%-13.6%63.2K-5.5M-25.0K0.1410.74N/AN/A25,6403,630361,950133,490
2009-04-21$0.41$0.25126.6%36.3%85.9%41.9%135.3%42.0%-18.7%61.8K-5.4M-24.2K0.3321.36N/AN/A31,34010,400364,060135,390
2009-04-22$0.45$0.25109.9%31.5%90.1%34.1%110.5%58.9%-8.7%79.8K-7.0M-27.3K0.449.79N/AN/A44,24019,380378,390140,120
2009-04-23$0.45$0.5097.9%28.1%90.1%28.5%97.8%15.5%6.2%85.5K-7.1M-29.1K0.719.27N/AN/A21,52015,270399,220150,830
2009-04-24$0.49$0.5087.2%25.0%88.8%23.5%87.2%11.6%8.5%103.0K-8.7M-32.0K0.3510.75N/AN/A41,28014,630415,330163,960
2009-04-27$0.48$0.5099.7%28.6%89.6%29.4%99.7%-11.4%-3.4%96.3K-8.3M-32.2K0.739.61N/AN/A19,79014,480430,680175,310
2009-04-28$0.49$0.5091.1%26.1%81.0%25.3%91.1%20.5%3.3%105.0K-8.8M-33.3K0.2910.77N/AN/A26,7907,790443,030187,690
2009-04-29$0.52$0.5073.5%21.1%80.4%17.1%72.5%24.3%7.2%121.9K-10.3M-34.8K0.467.48N/AN/A58,32027,100447,170191,960
2009-04-30$0.54$0.5088.7%25.4%79.1%24.2%93.7%-16.3%-10.2%105.7K-12.2M-38.4K0.168.93N/AN/A99,96016,390461,060213,580