HUN Options History — March 2010

In March 2010, HUN traded between $1.21 and $1.38. ATM implied volatility averaged 39.0%, placing in the 2.0% IV rank vs the trailing year. The 30-day expected move averaged 11.3%. IV traded below realized volatility by 1.8% (HV 20d: 40.8%). Max pain ranged from $1.10 to $1.30. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 23 of 23 days. Put/call ratio averaged 0.52.

Notable Days

  • 2010-03-10: Highest Volume — 1,325,550 contracts
  • 2010-03-05: Largest IV drop — 12.7% change
  • 2010-03-01: Highest IV Rank — 5.7%
  • 2010-03-01: Largest Expected Move — 12.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.32$1.21$1.38$1.37$1.21
Max Pain$1.27$1.10$1.30$1.10$1.30
ATM IV39.0%35.6%44.1%44.1%36.1%
Expected Move11.3%10.2%12.6%12.6%10.4%
HV 20d40.8%28.2%55.4%55.1%30.7%
HV 60d39.7%38.8%41.2%39.5%40.6%
IV Rank2.0%0.0%5.7%5.7%0.4%
IV Percentile4.1%0.0%14.7%13.9%1.2%
Term Structure4.0%0.8%7.8%1.5%6.6%
VWIV38.9%31.2%47.2%43.9%35.2%
Skew 25d4.9%-2.3%9.1%7.7%-2.3%
Skew 10d12.5%-14.7%25.2%14.3%7.0%
Call IV 25d37.7%30.0%43.1%43.1%40.7%
Put IV 25d42.6%37.3%50.8%50.8%38.5%
Bid-Ask Spread %17.3811.5124.8813.6613.37
Gamma HHI0.270.210.350.260.21
Net GEX606.2K319.0K991.6K582.1K319.0K
Net DEX-17.4M-29.7M-75.9K-28.7M-75.9K
Net VEX-89.6K-102.3K-69.3K-95.6K-69.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.520.002.351.330.07
Total Volume91,091.7396,9201,325,55018,36017,410
Total OI552,073.043470,340649,740537,310533,020

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2010-03-01$1.37$1.1044.1%12.6%55.1%5.7%43.9%7.7%1.5%582.1K-28.7M-95.6K1.3313.66N/AN/A7,87010,490405,600131,710
2010-03-02$1.36$1.1042.0%12.1%54.7%4.1%41.8%8.4%3.9%598.5K-27.4M-94.8K1.7313.19N/AN/A10,18017,600412,390134,450
2010-03-03$1.33$1.1043.1%12.4%55.4%4.9%47.2%5.1%3.3%577.1K-24.5M-93.4K0.3814.94N/AN/A16,8106,350417,240138,300
2010-03-04$1.34$1.1044.1%12.6%55.3%5.7%46.2%3.1%2.0%592.3K-25.1M-93.6K0.3418.50N/AN/A5,6301,890423,760141,970
2010-03-05$1.38$1.3038.5%12.1%46.7%1.4%43.5%6.5%1.3%644.9K-29.7M-93.9K0.1124.88N/AN/A46,9605,250424,460142,670
2010-03-08$1.37$1.3038.3%11.9%46.9%1.3%43.6%5.5%1.4%630.8K-25.7M-90.5K0.1018.55N/AN/A32,6403,340413,470144,780
2010-03-09$1.34$1.3039.5%12.0%47.3%2.2%41.8%4.5%2.3%667.3K-24.1M-92.6K0.6217.48N/AN/A59,97037,280440,350145,150
2010-03-10$1.35$1.3037.5%11.4%45.3%0.7%38.3%6.8%3.2%736.5K-27.2M-102.3K0.0019.14N/AN/A1,322,4403,110481,690168,050
2010-03-11$1.34$1.3041.0%11.8%43.2%3.3%40.4%8.4%1.5%817.2K-19.5M-98.2K0.1321.18N/AN/A7,9701,000417,240148,290
2010-03-12$1.35$1.3038.3%11.0%41.9%1.3%39.1%5.6%5.0%869.3K-19.7M-95.8K1.2616.26N/AN/A28,41035,680417,110148,520
2010-03-15$1.33$1.3041.5%11.9%41.7%3.7%38.7%5.2%2.8%718.6K-16.2M-97.8K0.0521.45N/AN/A121,0005,600435,180166,690
2010-03-16$1.34$1.3041.3%11.9%41.7%3.6%37.8%6.4%0.8%991.6K-19.7M-95.1K0.0221.96N/AN/A20,600350451,150150,080
2010-03-17$1.34$1.3039.0%11.2%41.5%1.8%38.1%3.4%3.0%980.8K-20.0M-91.6K0.0317.79N/AN/A42,3001,370437,900150,190
2010-03-18$1.34$1.3037.6%10.8%41.4%0.8%37.0%3.9%3.8%691.1K-19.4M-89.3K0.3323.21N/AN/A6,1102,020441,060149,620
2010-03-19$1.28$1.3039.2%11.2%39.2%2.0%38.8%1.3%5.5%671.3K-9.2M-83.7K1.5211.51N/AN/A22,69034,450439,680150,330
2010-03-22$1.29$1.3036.9%10.6%31.3%0.2%36.1%2.5%7.1%340.4K-8.9M-84.6K0.2314.81N/AN/A29,9606,940334,790135,550
2010-03-23$1.32$1.3037.6%10.8%31.1%0.7%35.8%9.1%4.3%451.1K-14.1M-89.8K0.2017.99N/AN/A20,2403,950348,080138,850
2010-03-24$1.33$1.3036.0%10.3%28.2%0.0%33.8%7.4%4.9%497.9K-15.1M-91.3K0.3818.43N/AN/A5,0001,920361,410139,940
2010-03-25$1.28$1.3036.4%10.4%30.3%0.3%34.8%4.4%7.8%421.1K-9.7M-85.5K0.3819.43N/AN/A15,8005,940362,230140,750
2010-03-26$1.27$1.3035.6%10.2%30.0%0.0%35.7%5.3%7.8%405.8K-7.6M-82.2K0.1912.80N/AN/A8,1001,540361,920140,850
2010-03-29$1.26$1.3036.1%10.3%29.9%0.3%31.2%0.0%7.4%401.0K-6.3M-77.8K2.3514.90N/AN/A5,97014,000367,440141,170
2010-03-30$1.24$1.3037.1%10.6%30.4%1.1%36.9%4.6%4.1%335.9K-2.0M-72.2K0.2414.30N/AN/A33,1507,830369,810152,790
2010-03-31$1.21$1.3036.1%10.4%30.7%0.4%35.2%-2.3%6.6%319.0K-75.9K-69.3K0.0713.37N/AN/A16,2401,170380,130152,890