HUN Options History — July 2009

In July 2009, HUN traded between $0.50 and $0.62. ATM implied volatility averaged 67.0%, placing in the 5.6% IV rank vs the trailing year. The 30-day expected move averaged 19.7%. IV traded above realized volatility by 16.8% (HV 20d: 50.2%). Max pain ranged from $0.50 to $0.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 16 of 22 days. Put/call ratio averaged 0.32.

Notable Days

  • 2009-07-15: Highest Volume — 66,950 contracts
  • 2009-07-31: Largest IV spike — 26.4% change
  • 2009-07-06: Highest IV Rank — 12.6%
  • 2009-07-31: Largest Expected Move — 21.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$0.56$0.50$0.62$0.53$0.61
Max Pain$0.50$0.50$0.50$0.50$0.50
ATM IV67.0%57.3%80.8%69.5%75.7%
Expected Move19.7%16.5%21.7%19.9%21.7%
HV 20d50.2%34.9%61.3%61.3%39.8%
HV 60d63.3%56.3%71.3%71.3%56.9%
IV Rank5.6%0.6%12.6%6.9%10.0%
IV Percentile2.6%0.4%9.9%0.8%9.9%
Term Structure4.5%-5.8%31.1%1.8%-5.8%
VWIV70.0%47.3%88.3%69.3%72.7%
Skew 25d-3.5%-17.9%20.1%20.1%-0.9%
Skew 10d2.8%-28.4%44.3%42.4%8.6%
Call IV 25d75.6%61.4%89.7%61.4%71.4%
Put IV 25d72.1%64.4%82.0%81.6%70.5%
Bid-Ask Spread %10.485.7518.7314.567.08
Gamma HHI0.440.350.500.390.45
Net GEX288.3K98.1K362.1K228.5K358.2K
Net DEX-14.4M-20.2M-8.1M-9.7M-19.8M
Net VEX-57.6K-69.4K-35.4K-67.1K-54.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.320.031.430.130.12
Total Volume25,5606,30066,95064,4506,300
Total OI1,291,811.8181,084,8301,474,7701,394,9701,113,800

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2009-07-01$0.53$0.5069.5%19.9%61.3%6.9%69.3%20.1%1.8%228.5K-9.7M-67.1K0.1314.56N/AN/A56,9507,5001,118,890276,080
2009-07-02$0.53$0.5070.1%20.1%60.3%7.1%70.1%18.6%1.0%265.3K-11.2M-69.4K0.438.94N/AN/A21,2009,1701,153,530277,690
2009-07-06$0.52$0.5080.8%21.2%59.6%12.6%75.7%-11.8%-0.7%264.5K-10.6M-65.4K0.729.06N/AN/A16,17011,6701,162,990280,170
2009-07-07$0.51$0.5070.5%21.0%59.8%7.4%75.1%-15.2%1.3%254.1K-9.3M-63.9K0.2011.53N/AN/A11,8802,4301,170,190276,390
2009-07-08$0.50$0.5067.7%21.5%52.8%5.9%88.3%-17.9%1.2%245.3K-8.1M-61.6K0.069.38N/AN/A36,0802,2901,172,690268,740
2009-07-09$0.52$0.5062.4%21.1%53.6%3.2%84.4%-14.4%0.9%279.9K-11.1M-65.6K0.0511.89N/AN/A40,4601,9701,193,980268,860
2009-07-10$0.52$0.5063.2%21.2%54.0%3.6%74.5%-4.3%1.8%286.1K-12.0M-65.4K0.228.30N/AN/A9,4402,0801,198,170268,490
2009-07-13$0.53$0.5066.8%19.2%54.3%5.5%68.3%-8.0%5.4%291.2K-11.9M-59.9K0.127.19N/AN/A18,0102,2001,192,090269,210
2009-07-14$0.53$0.5069.0%18.7%54.4%6.6%65.4%-8.7%5.0%264.6K-14.1M-56.0K0.405.75N/AN/A9,9003,9401,201,340270,320
2009-07-15$0.55$0.5057.3%20.2%56.8%0.6%71.0%-2.5%-1.6%296.9K-16.6M-58.5K0.117.06N/AN/A60,5706,3801,204,180270,590
2009-07-16$0.55$0.5071.0%20.4%56.3%7.7%71.6%-3.0%-2.8%294.0K-16.0M-58.8K0.036.55N/AN/A9,9803201,195,960269,710
2009-07-17$0.55$0.5067.0%19.2%55.8%5.6%67.7%-6.1%0.6%291.3K-15.4M-56.3K0.0810.56N/AN/A19,5401,5801,197,460268,200
2009-07-20$0.56$0.5064.8%18.6%56.5%4.5%62.6%-8.8%2.5%310.2K-14.4M-54.2K1.289.41N/AN/A8,14010,410902,960189,590
2009-07-21$0.56$0.5068.0%19.5%53.3%6.1%69.8%-7.7%-2.7%307.9K-13.6M-53.9K0.3012.45N/AN/A34,89010,400906,630191,770
2009-07-22$0.57$0.5064.0%18.4%53.4%4.1%64.4%-8.5%5.0%311.6K-14.9M-53.3K1.4313.89N/AN/A3,7805,410914,790196,200
2009-07-23$0.58$0.5066.5%19.1%34.9%5.3%68.0%-3.8%0.4%319.3K-16.4M-54.0K0.539.68N/AN/A6,7603,560898,910185,920
2009-07-24$0.59$0.5068.5%19.6%35.1%6.3%72.3%-1.7%-4.5%98.1K-18.4M-35.4K0.489.87N/AN/A13,0406,200901,710186,950
2009-07-27$0.62$0.5057.4%16.5%36.5%0.7%65.5%-0.2%31.1%362.1K-20.2M-57.1K0.0610.29N/AN/A32,5302,100904,580189,480
2009-07-28$0.60$0.5060.0%17.2%36.3%2.0%60.1%6.6%28.5%338.8K-18.7M-51.6K0.0318.73N/AN/A26,600920908,770186,550
2009-07-29$0.58$0.5073.1%21.0%40.0%8.7%75.7%-8.0%0.9%325.3K-16.1M-51.2K0.1110.29N/AN/A9,340990922,390186,480
2009-07-30$0.60$0.5059.9%17.2%39.6%1.9%47.3%9.3%29.5%349.2K-18.7M-54.4K0.1718.09N/AN/A16,4702,770919,070187,390
2009-07-31$0.61$0.5075.7%21.7%39.8%10.0%72.7%-0.9%-5.8%358.2K-19.8M-54.7K0.127.08N/AN/A5,640660924,910188,890