HUN Options History — March 2012

In March 2012, HUN traded between $1.27 and $1.47. ATM implied volatility averaged 40.6%, placing in the 14.6% IV rank vs the trailing year. The 30-day expected move averaged 11.5%. IV traded below realized volatility by 2.4% (HV 20d: 43.0%). Max pain ranged from $1.30 to $1.40. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 22 of 22 days. Put/call ratio averaged 0.36.

Notable Days

2012-03-20: Highest Volume — 456,140 contracts
2012-03-12: Largest IV spike — 22.0% change
2012-03-12: Highest IV Rank — 28.0%
2012-03-12: Largest Expected Move — 13.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$1.40	$1.27	$1.47	$1.38	$1.40
Max Pain	$1.35	$1.30	$1.40	$1.30	$1.40
ATM IV	40.6%	31.9%	53.2%	39.0%	31.9%
Expected Move	11.5%	9.1%	13.2%	11.2%	9.1%
HV 20d	43.0%	38.5%	49.9%	38.5%	40.3%
HV 60d	42.4%	39.9%	44.9%	43.3%	40.6%
IV Rank	14.6%	5.3%	28.0%	12.9%	5.3%
IV Percentile	32.5%	3.2%	59.5%	33.3%	3.2%
Term Structure	4.2%	0.9%	8.8%	2.9%	8.8%
VWIV	40.7%	31.9%	48.2%	39.2%	31.9%
Skew 25d	-0.4%	-3.8%	4.6%	0.4%	-2.0%
Skew 10d	-3.6%	-15.1%	20.8%	-7.3%	-13.2%
Call IV 25d	41.4%	32.1%	47.5%	40.9%	32.1%
Put IV 25d	41.0%	30.1%	47.8%	41.3%	30.1%
Bid-Ask Spread %	16.22	8.49	36.23	13.68	8.49
Gamma HHI	0.31	0.20	0.83	0.30	0.21
Net GEX	2.4M	1.2M	8.1M	2.2M	1.6M
Net DEX	-69.4M	-86.6M	-39.7M	-68.6M	-64.9M
Net VEX	-250.3K	-302.5K	-213.9K	-242.1K	-298.4K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.36	0.01	1.93	0.05	0.33
Total Volume	89,148.636	12,130	456,140	37,640	12,130
Total OI	1,606,416.818	1,328,390	1,693,060	1,590,010	1,692,790

Daily Data (22 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2012-03-01	$1.38	$1.30	39.0%	11.2%	38.5%	12.9%	39.2%	0.4%	2.9%	2.2M	-68.6M	-242.1K	0.05	13.68	N/A	N/A	36,000	1,640	1,093,820	496,190
2012-03-02	$1.39	$1.30	38.0%	10.9%	38.6%	11.8%	39.1%	-2.9%	4.6%	2.4M	-73.7M	-237.2K	0.26	12.35	N/A	N/A	21,900	5,730	1,109,930	496,050
2012-03-05	$1.33	$1.30	44.9%	12.5%	39.4%	19.1%	42.9%	3.1%	3.3%	1.8M	-55.5M	-229.2K	0.29	13.93	N/A	N/A	16,210	4,690	1,087,940	497,330
2012-03-06	$1.27	$1.30	47.4%	12.4%	42.7%	21.8%	43.4%	4.6%	3.9%	1.2M	-39.7M	-219.8K	0.42	16.95	N/A	N/A	18,930	8,000	1,088,730	500,370
2012-03-07	$1.29	$1.30	42.3%	12.2%	43.0%	16.4%	43.3%	1.1%	3.8%	1.3M	-43.0M	-221.6K	0.15	16.65	N/A	N/A	21,710	3,290	1,094,030	503,160
2012-03-08	$1.37	$1.30	47.2%	13.1%	48.8%	21.6%	45.7%	-0.5%	1.9%	2.3M	-68.2M	-229.0K	0.04	25.37	N/A	N/A	101,350	4,260	1,105,030	501,670
2012-03-09	$1.40	$1.30	43.6%	12.4%	49.2%	17.8%	44.0%	1.9%	2.3%	2.8M	-79.3M	-235.0K	0.24	13.91	N/A	N/A	39,750	9,570	1,147,230	500,850
2012-03-12	$1.38	$1.30	53.2%	13.2%	49.6%	28.0%	48.2%	-1.2%	1.7%	2.7M	-71.3M	-224.6K	0.01	12.64	N/A	N/A	309,810	4,190	1,143,080	502,000
2012-03-13	$1.41	$1.30	46.6%	12.7%	49.9%	20.9%	44.7%	0.9%	0.9%	3.3M	-77.7M	-220.7K	0.41	36.23	N/A	N/A	64,470	26,130	1,138,330	502,910
2012-03-14	$1.41	$1.30	40.4%	12.7%	49.4%	14.4%	44.8%	-0.6%	2.6%	3.8M	-77.8M	-220.5K	1.93	15.23	N/A	N/A	16,430	31,700	1,147,650	526,530
2012-03-15	$1.42	$1.30	42.3%	12.1%	48.8%	16.4%	43.1%	-0.7%	3.2%	3.4M	-78.4M	-214.0K	0.32	18.18	N/A	N/A	27,830	8,780	1,124,120	553,390
2012-03-16	$1.41	$1.30	42.5%	12.2%	41.5%	16.7%	43.1%	1.0%	4.3%	8.1M	-77.4M	-214.4K	0.04	21.79	N/A	N/A	166,190	5,870	1,130,650	558,840
2012-03-19	$1.41	$1.40	40.1%	11.5%	41.1%	14.0%	41.6%	-3.8%	4.9%	1.3M	-62.4M	-213.9K	0.80	13.02	N/A	N/A	39,080	31,260	866,960	461,430
2012-03-20	$1.42	$1.40	42.6%	12.2%	40.3%	16.8%	44.3%	-2.2%	2.8%	1.3M	-64.3M	-226.2K	0.22	17.49	N/A	N/A	373,140	83,000	892,470	488,830
2012-03-21	$1.44	$1.40	39.7%	11.4%	40.3%	13.6%	41.2%	-3.1%	4.3%	1.7M	-75.2M	-285.5K	0.29	15.76	N/A	N/A	35,100	10,280	1,013,340	543,170
2012-03-22	$1.41	$1.40	37.2%	10.7%	41.1%	11.0%	39.1%	-1.6%	5.1%	1.7M	-67.7M	-289.4K	0.21	14.47	N/A	N/A	106,920	22,080	1,032,560	549,130
2012-03-23	$1.42	$1.40	35.6%	10.2%	40.9%	9.3%	36.7%	-1.0%	5.7%	1.8M	-71.4M	-288.1K	0.55	15.18	N/A	N/A	83,540	46,140	1,030,720	561,740
2012-03-26	$1.46	$1.40	36.4%	10.4%	41.0%	10.1%	37.1%	1.3%	3.3%	2.0M	-80.1M	-302.5K	0.25	16.25	N/A	N/A	26,530	6,630	1,054,090	585,030
2012-03-27	$1.47	$1.40	36.4%	10.4%	41.0%	10.1%	36.3%	-1.1%	4.1%	2.1M	-86.6M	-296.8K	0.20	13.35	N/A	N/A	30,870	6,080	1,068,470	588,270
2012-03-28	$1.43	$1.40	32.8%	9.4%	40.0%	6.3%	33.2%	-0.3%	8.3%	1.9M	-73.2M	-299.3K	0.74	17.08	N/A	N/A	35,410	26,120	1,079,930	589,350
2012-03-29	$1.42	$1.40	32.4%	9.3%	40.1%	5.9%	32.7%	-1.7%	8.4%	1.8M	-69.4M	-298.0K	0.13	8.81	N/A	N/A	28,770	3,760	1,080,860	612,200
2012-03-30	$1.40	$1.40	31.9%	9.1%	40.3%	5.3%	31.9%	-2.0%	8.8%	1.6M	-64.9M	-298.4K	0.33	8.49	N/A	N/A	9,140	2,990	1,079,020	613,770