HUN Options History — April 2011

In April 2011, HUN traded between $1.74 and $2.08. ATM implied volatility averaged 36.1%, placing in the 13.7% IV rank vs the trailing year. The 30-day expected move averaged 10.9%. IV traded above realized volatility by 2.5% (HV 20d: 33.6%). Max pain ranged from $1.60 to $1.70. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 14 of 20 days. Put/call ratio averaged 0.38.

Notable Days

  • 2011-04-12: Highest Volume — 389,840 contracts
  • 2011-04-14: Largest IV spike — 22.5% change
  • 2011-04-07: Highest IV Rank — 24.8%
  • 2011-04-11: Largest Expected Move — 11.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.92$1.74$2.08$1.74$2.08
Max Pain$1.69$1.60$1.70$1.60$1.70
ATM IV36.1%30.7%40.5%34.1%35.9%
Expected Move10.9%9.8%11.6%9.8%10.3%
HV 20d33.6%29.6%36.9%34.8%30.0%
HV 60d37.2%35.0%40.3%40.3%35.1%
IV Rank13.7%0.0%24.8%8.5%13.2%
IV Percentile18.9%0.0%42.9%9.1%15.9%
Term Structure0.5%-2.5%7.0%7.0%1.3%
VWIV38.0%34.4%42.5%34.4%36.2%
Skew 25d2.5%-7.5%6.2%-7.5%0.9%
Skew 10d10.9%-14.5%21.9%-14.5%16.8%
Call IV 25d36.9%34.2%40.2%36.0%36.7%
Put IV 25d39.5%28.4%43.1%28.4%37.6%
Bid-Ask Spread %26.9415.6065.4751.4417.58
Gamma HHI0.230.200.300.210.21
Net GEX1.7M1.2M2.5M2.0M1.2M
Net DEX-83.5M-115.3M-51.1M-51.1M-102.9M
Net VEX-148.0K-188.2K-111.9K-188.2K-112.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.380.051.330.320.08
Total Volume41,3541,710389,84011,09012,040
Total OI1,121,459.51,022,4301,354,8801,098,6201,090,240

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2011-04-01$1.74$1.6034.1%9.8%34.8%8.5%34.4%-7.5%7.0%2.0M-51.1M-188.2K0.3251.44N/AN/A8,4302,660642,070456,550
2011-04-04$1.77$1.7033.6%11.4%33.2%7.2%40.9%1.3%0.7%1.9M-60.2M-176.4K1.3361.76N/AN/A9,47012,640645,030457,580
2011-04-05$1.76$1.7034.8%11.4%30.5%10.5%39.7%3.7%0.4%2.0M-56.4M-174.8K0.4165.47N/AN/A1,210500644,990469,740
2011-04-06$1.81$1.7035.4%11.3%31.2%12.0%39.1%3.2%0.5%2.0M-67.9M-168.4K0.2925.11N/AN/A12,5003,650644,390464,700
2011-04-07$1.92$1.7040.5%11.2%35.1%24.8%37.7%2.0%3.0%1.6M-89.9M-149.0K0.0524.92N/AN/A87,8904,130646,260467,150
2011-04-08$1.91$1.7037.3%11.5%35.0%16.8%39.6%5.0%-2.4%1.7M-88.9M-147.1K0.2231.43N/AN/A22,7905,070652,880469,690
2011-04-11$1.90$1.7030.7%11.6%35.1%0.0%40.0%4.3%-1.4%1.9M-86.3M-143.5K0.1628.95N/AN/A14,1002,320650,460472,600
2011-04-12$1.88$1.7034.2%11.3%34.5%8.8%42.5%2.8%-1.6%1.8M-81.6M-145.0K0.5119.80N/AN/A258,280131,560649,480474,780
2011-04-13$1.87$1.7031.5%10.8%34.6%2.1%37.9%3.5%0.9%2.5M-89.3M-176.4K0.3817.02N/AN/A6,6602,510746,400581,270
2011-04-14$1.93$1.7038.6%11.1%35.5%20.2%36.4%2.8%0.6%2.0M-106.0M-162.8K0.0720.90N/AN/A24,0001,560752,160602,720
2011-04-15$1.97$1.7036.9%10.6%35.8%15.7%37.3%1.4%1.4%2.1M-115.3M-142.3K0.3818.21N/AN/A25,8809,880751,690602,870
2011-04-18$1.92$1.7039.0%11.2%36.9%21.2%38.6%0.7%0.0%1.6M-73.1M-148.9K0.8022.21N/AN/A11,0008,750564,930457,500
2011-04-19$1.95$1.7038.3%11.0%36.7%19.3%38.5%6.2%1.3%1.6M-76.0M-147.7K0.6721.42N/AN/A3,3102,210570,200463,610
2011-04-20$1.95$1.7037.1%10.6%35.8%16.3%37.0%4.1%-2.5%1.5M-75.8M-149.7K0.1520.73N/AN/A18,6002,790571,510463,680
2011-04-21$2.00$1.7035.5%10.2%36.1%12.3%36.2%4.3%0.7%1.5M-83.5M-140.9K0.3219.09N/AN/A8,9402,850578,200466,060
2011-04-25$1.99$1.7037.4%10.7%31.0%17.1%37.4%4.4%0.6%1.7M-84.4M-125.7K0.7121.02N/AN/A3,4402,450577,820467,160
2011-04-26$2.03$1.7037.0%10.6%30.7%16.2%37.4%2.2%-0.3%1.4M-92.3M-111.9K0.2017.91N/AN/A65,25012,730579,530468,790
2011-04-27$2.04$1.7037.0%10.6%30.1%16.0%36.4%3.7%0.4%1.4M-92.7M-129.4K0.3818.27N/AN/A5,4402,050602,110478,460
2011-04-28$2.04$1.7036.7%10.5%29.6%15.4%36.5%1.7%-0.6%1.4M-96.3M-119.7K0.2615.60N/AN/A13,8803,660603,820480,110
2011-04-29$2.08$1.7035.9%10.3%30.0%13.2%36.2%0.9%1.3%1.2M-102.9M-112.2K0.0817.58N/AN/A11,150890608,140482,100