HUN Options History — May 2009

In May 2009, HUN traded between $0.55 and $0.69. ATM implied volatility averaged 106.5%, placing in the 32.4% IV rank vs the trailing year. The 30-day expected move averaged 30.9%. IV traded above realized volatility by 32.9% (HV 20d: 73.6%). Max pain ranged from $0.50 to $0.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 0.22.

Notable Days

  • 2009-05-08: Highest Volume — 213,030 contracts
  • 2009-05-14: Largest IV spike — 37.8% change
  • 2009-05-07: Highest IV Rank — 49.3%
  • 2009-05-07: Largest Expected Move — 35.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$0.62$0.55$0.69$0.55$0.63
Max Pain$0.50$0.50$0.50$0.50$0.50
ATM IV106.5%81.1%142.4%98.5%114.8%
Expected Move30.9%24.6%35.6%28.2%32.9%
HV 20d73.6%61.7%82.6%78.5%67.1%
HV 60d86.3%78.3%93.2%93.2%78.5%
IV Rank32.4%20.7%49.3%28.8%35.4%
IV Percentile41.8%13.9%73.0%34.1%52.8%
Term Structure-1.0%-13.5%10.3%-0.6%5.6%
VWIV112.0%88.7%129.3%106.3%113.9%
Skew 25d-2.0%-17.5%20.6%-7.6%-12.1%
Skew 10d-4.3%-33.9%53.8%-6.3%-32.3%
Call IV 25d122.3%75.2%161.8%117.3%128.5%
Put IV 25d120.3%89.4%172.5%109.7%116.4%
Bid-Ask Spread %18.7610.0328.2722.2021.81
Gamma HHI0.360.310.510.510.35
Net GEX175.2K70.6K261.2K116.2K261.2K
Net DEX-20.5M-23.9M-13.1M-13.1M-20.9M
Net VEX-64.3K-85.3K-36.7K-41.4K-85.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.220.050.580.430.09
Total Volume81,398.523,930213,03083,91023,930
Total OI902,055707,4801,067,850707,4801,028,900

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2009-05-01$0.55$0.5098.5%28.2%78.5%28.8%106.3%-7.6%-0.6%116.2K-13.1M-41.4K0.4322.20N/AN/A58,54025,370488,360219,120
2009-05-04$0.59$0.50109.5%28.5%80.6%33.9%106.3%18.3%-4.5%70.6K-17.8M-36.7K0.2221.41N/AN/A114,60024,870512,460229,020
2009-05-05$0.59$0.50115.1%30.2%79.8%36.5%109.2%-1.0%-4.8%90.4K-18.9M-40.7K0.1214.11N/AN/A84,50010,040578,450247,310
2009-05-06$0.61$0.50123.8%30.9%78.1%40.6%113.2%14.4%-8.0%106.7K-21.1M-50.3K0.2910.03N/AN/A45,40013,060629,850241,670
2009-05-07$0.59$0.50142.4%35.6%81.0%49.3%129.3%14.4%-8.9%100.3K-20.3M-51.4K0.4115.18N/AN/A78,13032,240640,860243,500
2009-05-08$0.57$0.5096.2%31.5%80.7%27.7%113.4%20.6%-13.5%152.7K-17.8M-55.4K0.3828.27N/AN/A154,81058,220674,300257,840
2009-05-11$0.57$0.50105.7%32.6%79.9%32.2%120.4%0.0%-11.4%138.7K-17.7M-58.5K0.0912.28N/AN/A72,8806,270679,730282,130
2009-05-12$0.61$0.5089.5%31.9%81.1%24.6%116.4%0.0%-4.8%145.9K-22.6M-60.5K0.0615.38N/AN/A73,2404,740730,330286,720
2009-05-13$0.59$0.5081.1%33.8%82.6%20.7%119.2%0.0%-7.1%146.2K-21.7M-61.3K0.1921.79N/AN/A44,9208,550746,950289,930
2009-05-14$0.61$0.50111.8%32.1%79.7%35.0%120.4%0.0%-2.4%153.6K-23.0M-63.5K0.1011.98N/AN/A52,5505,310759,110294,280
2009-05-15$0.59$0.50114.4%32.8%80.0%36.2%115.8%-2.9%-2.2%157.8K-21.8M-63.3K0.1723.53N/AN/A25,9704,400768,850299,000
2009-05-18$0.64$0.50108.1%31.0%65.5%33.3%107.8%-2.6%1.1%180.9K-18.5M-66.3K0.0511.46N/AN/A65,2203,450560,850154,360
2009-05-19$0.69$0.5093.0%26.7%67.2%26.2%96.0%-6.7%3.1%225.0K-22.5M-70.8K0.2818.43N/AN/A97,25026,870588,460155,840
2009-05-20$0.69$0.5085.9%24.6%62.9%22.9%88.7%-6.9%10.3%249.8K-23.9M-74.3K0.2227.04N/AN/A92,16019,960650,270178,840
2009-05-21$0.66$0.50103.9%29.8%66.7%31.3%104.0%-5.7%5.0%237.5K-21.7M-79.0K0.2116.98N/AN/A63,45013,090682,920190,490
2009-05-22$0.67$0.50105.7%30.3%63.1%32.2%112.1%-16.7%0.8%247.0K-23.1M-83.4K0.5820.45N/AN/A25,08014,560698,600198,620
2009-05-26$0.68$0.50105.6%30.3%61.7%32.1%108.5%-14.8%7.0%249.6K-23.4M-80.4K0.2823.35N/AN/A47,15013,200705,970207,570
2009-05-27$0.64$0.50112.7%32.3%68.1%35.3%114.4%-17.5%9.3%239.0K-20.9M-81.7K0.1625.27N/AN/A47,6807,780737,730216,840
2009-05-28$0.62$0.50112.7%32.3%67.8%34.3%124.6%-4.6%5.8%234.8K-19.4M-82.4K0.1014.19N/AN/A62,5306,000762,260222,810
2009-05-29$0.63$0.50114.8%32.9%67.1%35.4%113.9%-12.1%5.6%261.2K-20.9M-85.3K0.0921.81N/AN/A22,0201,910802,280226,620