HUN Options History — December 2009

In December 2009, HUN traded between $0.97 and $1.15. ATM implied volatility averaged 50.3%, placing in the 8.1% IV rank vs the trailing year. The 30-day expected move averaged 14.4%. IV traded above realized volatility by 23.2% (HV 20d: 27.1%). Max pain ranged from $0.75 to $1.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 17 of 22 days. Put/call ratio averaged 0.31.

Notable Days

  • 2009-12-10: Highest Volume — 693,320 contracts
  • 2009-12-03: Largest IV spike — 77.5% change
  • 2009-12-04: Highest IV Rank — 16.9%
  • 2009-12-03: Largest Expected Move — 19.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.09$0.97$1.15$0.97$1.13
Max Pain$0.97$0.75$1.00$0.75$1.00
ATM IV50.3%38.0%67.8%38.4%41.3%
Expected Move14.4%10.9%19.4%11.0%11.9%
HV 20d27.1%24.6%32.4%27.8%25.3%
HV 60d50.8%47.0%53.3%52.8%47.0%
IV Rank8.1%0.8%16.9%1.0%3.6%
IV Percentile9.1%0.8%35.3%0.8%2.0%
Term Structure3.7%-2.8%9.1%6.0%8.7%
VWIV50.9%39.6%70.7%41.7%40.9%
Skew 25d1.5%-13.1%14.8%14.8%2.7%
Skew 10d3.3%-21.2%47.7%16.9%20.6%
Call IV 25d50.7%31.8%80.8%33.9%43.0%
Put IV 25d52.2%39.1%67.6%48.7%45.7%
Bid-Ask Spread %16.028.8823.0510.5912.77
Gamma HHI0.290.180.700.320.20
Net GEX867.6K321.0K2.6M342.4K763.7K
Net DEX-31.2M-41.2M-20.3M-20.3M-29.5M
Net VEX-74.5K-90.7K-48.8K-48.9K-68.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.310.001.400.610.19
Total Volume89,016.8186,500693,32013,66017,540
Total OI662,866.818452,200853,500452,200580,200

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2009-12-01$0.97$0.7538.4%11.0%27.8%1.0%41.7%14.8%6.0%342.4K-20.3M-48.9K0.6110.59N/AN/A8,5105,150355,16097,040
2009-12-02$0.99$0.7538.0%10.9%27.9%0.8%40.6%11.7%9.1%337.6K-22.4M-48.8K0.0517.75N/AN/A37,8301,830356,50098,600
2009-12-03$1.03$0.7567.5%19.4%26.6%16.7%70.7%-13.1%-1.0%321.0K-25.7M-55.9K0.1318.08N/AN/A520,14068,270376,08099,110
2009-12-04$1.06$1.0067.8%17.8%27.5%16.9%63.3%-3.0%-2.8%691.5K-38.4M-87.6K0.0717.67N/AN/A111,6107,300635,070154,860
2009-12-07$1.08$1.0064.4%17.0%27.5%15.0%61.2%0.1%-0.8%820.8K-39.5M-85.6K0.0623.05N/AN/A74,1404,300656,300158,500
2009-12-08$1.07$1.0058.1%17.3%28.2%11.6%60.5%1.4%-2.8%875.8K-39.8M-90.7K0.0322.68N/AN/A59,1001,960688,780163,380
2009-12-09$1.08$1.0055.2%16.8%28.1%10.1%58.0%1.4%-1.4%903.6K-41.2M-90.3K0.2619.73N/AN/A11,5703,040688,320165,180
2009-12-10$1.05$1.0055.8%16.0%32.4%10.4%53.7%0.3%4.4%899.4K-34.6M-86.6K0.0012.44N/AN/A691,5001,820682,760166,720
2009-12-11$1.06$1.0053.1%15.2%32.3%8.9%54.0%0.6%3.4%938.8K-27.7M-86.0K0.3414.38N/AN/A41,68014,220593,540166,830
2009-12-14$1.07$1.0053.0%15.2%27.6%8.8%53.5%0.6%3.0%1.1M-30.6M-84.2K1.4018.20N/AN/A5,6207,870611,770168,490
2009-12-15$1.06$1.0051.7%14.8%26.2%8.2%52.2%1.7%3.3%1.1M-29.2M-81.8K0.0419.19N/AN/A29,2901,300611,750167,810
2009-12-16$1.08$1.0051.9%14.9%26.2%8.9%54.0%5.2%3.4%1.2M-32.4M-82.0K0.3514.58N/AN/A10,7203,730613,880167,880
2009-12-17$1.10$1.0051.7%14.8%26.2%8.8%52.8%5.0%3.8%1.6M-35.5M-79.9K0.2715.00N/AN/A20,5805,480610,160168,230
2009-12-18$1.09$1.0049.5%14.2%26.6%8.1%50.2%1.3%3.4%2.6M-31.6M-76.5K0.1222.40N/AN/A29,6603,600609,710168,780
2009-12-21$1.12$1.0046.1%13.2%26.2%6.5%47.3%3.5%6.0%599.7K-28.2M-73.5K0.3517.80N/AN/A28,0509,870442,110101,170
2009-12-22$1.12$1.0046.8%13.4%26.2%7.7%48.2%3.3%4.6%606.0K-28.2M-71.7K0.4914.54N/AN/A19,4709,630438,720100,260
2009-12-23$1.14$1.0044.0%12.6%26.2%5.6%44.3%2.1%4.4%635.3K-29.4M-72.8K0.5314.52N/AN/A4,2602,240440,590101,510
2009-12-24$1.15$1.0045.2%13.0%26.0%6.5%45.6%0.7%4.9%627.1K-30.2M-69.1K0.4616.05N/AN/A6,0802,780435,490100,430
2009-12-28$1.15$1.0042.8%12.3%25.8%4.7%43.6%-5.4%7.0%640.4K-30.7M-66.3K0.288.88N/AN/A12,3503,500435,590101,890
2009-12-29$1.15$1.0042.2%12.1%24.6%4.2%43.4%-4.6%7.0%671.4K-30.9M-64.9K0.769.60N/AN/A17,43013,320441,480104,400
2009-12-30$1.15$1.0043.0%12.3%25.1%4.8%39.6%2.6%8.1%706.9K-30.6M-67.5K0.0712.59N/AN/A28,0102,020451,280106,760
2009-12-31$1.13$1.0041.3%11.9%25.3%3.6%40.9%2.7%8.7%763.7K-29.5M-68.0K0.1912.77N/AN/A14,7102,830472,140108,060