HUN Options History — April 2012

In April 2012, HUN traded between $1.39 and $1.51. ATM implied volatility averaged 46.2%, placing in the 20.5% IV rank vs the trailing year. The 30-day expected move averaged 13.6%. IV traded above realized volatility by 6.6% (HV 20d: 39.6%). Max pain ranged from $1.10 to $1.40. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 7 of 20 days. Put/call ratio averaged 0.37.

Notable Days

  • 2012-04-02: Highest Volume — 348,650 contracts
  • 2012-04-12: Largest IV spike — 20.6% change
  • 2012-04-23: Highest IV Rank — 26.3%
  • 2012-04-09: Largest Expected Move — 15.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.44$1.39$1.51$1.50$1.42
Max Pain$1.23$1.10$1.40$1.40$1.20
ATM IV46.2%39.0%51.6%39.4%51.5%
Expected Move13.6%11.2%15.2%11.3%14.8%
HV 20d39.6%34.7%43.8%43.8%39.7%
HV 60d41.7%38.8%42.8%42.4%38.9%
IV Rank20.5%12.9%26.3%13.3%26.2%
IV Percentile46.6%29.0%56.3%31.7%56.0%
Term Structure-0.7%-4.9%6.7%5.1%-4.9%
VWIV47.9%37.5%53.4%40.6%51.4%
Skew 25d-0.8%-6.7%2.6%-3.3%1.6%
Skew 10d-2.3%-13.1%7.1%-13.1%1.7%
Call IV 25d49.1%41.5%54.3%43.1%52.2%
Put IV 25d48.3%36.4%53.7%39.8%53.7%
Bid-Ask Spread %14.358.0434.5912.8317.96
Gamma HHI0.210.140.300.220.16
Net GEX2.1M1.5M2.9M2.0M1.8M
Net DEX-82.5M-104.9M-63.7M-94.3M-74.9M
Net VEX-341.1K-367.4K-293.3K-293.3K-352.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.370.031.630.130.57
Total Volume67,1279,770348,650348,65038,210
Total OI1,965,620.51,695,3802,091,9101,695,3801,919,440

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2012-04-02$1.50$1.4039.4%11.3%43.8%13.3%40.6%-3.3%5.1%2.0M-94.3M-293.3K0.1312.83N/AN/A309,04039,6101,080,430614,950
2012-04-03$1.51$1.4041.1%11.8%38.7%15.1%42.6%-2.8%3.8%2.6M-104.9M-321.7K0.2015.13N/AN/A77,21015,5901,243,060643,410
2012-04-04$1.48$1.4041.3%11.9%40.3%15.4%40.0%-6.7%3.8%2.5M-94.9M-326.5K0.448.04N/AN/A19,7108,6201,269,970645,510
2012-04-05$1.47$1.4039.0%11.2%34.7%12.9%37.5%-5.1%6.7%2.5M-91.5M-331.4K0.499.97N/AN/A34,70017,0101,284,130651,380
2012-04-09$1.43$1.1043.3%15.2%35.2%17.4%53.4%0.1%-4.7%2.1M-79.6M-332.0K0.6810.11N/AN/A83,68057,1501,291,510667,090
2012-04-10$1.39$1.2046.4%15.0%36.2%20.7%52.2%-1.1%-3.0%1.7M-63.7M-338.0K0.0415.84N/AN/A81,1003,6401,320,660702,070
2012-04-11$1.40$1.2041.9%14.7%35.5%16.0%51.1%1.3%-2.8%1.8M-65.9M-340.9K0.0312.01N/AN/A28,4008701,333,370702,250
2012-04-12$1.46$1.2050.5%14.5%39.2%25.2%50.1%-0.3%-2.7%2.5M-91.4M-356.8K0.1312.31N/AN/A22,1802,8201,348,150702,350
2012-04-13$1.42$1.2050.7%14.5%40.5%25.3%50.3%-0.4%-3.6%2.0M-74.6M-346.8K0.0712.66N/AN/A37,5602,7601,350,740703,000
2012-04-16$1.44$1.2050.8%14.6%40.5%25.5%52.0%1.2%-3.1%2.2M-79.1M-345.3K0.9814.37N/AN/A23,09022,5901,357,980704,660
2012-04-17$1.47$1.2048.7%14.0%41.3%23.3%49.2%1.4%-2.8%2.9M-94.8M-345.3K0.0514.30N/AN/A16,9609301,366,240716,350
2012-04-18$1.44$1.2048.7%14.0%41.9%23.2%49.9%2.6%-2.5%2.3M-82.4M-342.2K0.4312.81N/AN/A6,8502,9201,369,310716,540
2012-04-19$1.45$1.2047.5%13.6%41.5%22.0%48.6%0.2%-1.3%2.3M-84.8M-334.7K0.1816.35N/AN/A15,0602,7701,370,230717,450
2012-04-20$1.45$1.2049.3%14.1%40.7%23.8%50.8%-0.5%-2.5%1.7M-85.1M-330.6K0.0511.89N/AN/A94,0705,0901,373,820718,090
2012-04-23$1.43$1.2051.6%14.8%40.9%26.3%51.3%-0.1%-2.6%1.5M-74.5M-330.0K0.1112.96N/AN/A163,51018,3501,139,240622,590
2012-04-24$1.40$1.2047.0%13.5%40.5%21.5%48.6%0.9%0.4%1.6M-72.3M-363.9K0.5413.44N/AN/A12,1906,5501,273,450632,410
2012-04-25$1.43$1.2045.7%13.1%41.2%20.0%46.7%-1.5%1.4%1.8M-80.5M-367.4K0.2834.59N/AN/A25,0407,0701,280,090636,720
2012-04-26$1.43$1.2045.1%12.9%39.8%19.4%46.6%-0.2%-0.8%1.8M-78.2M-363.8K1.6314.19N/AN/A7,58012,3401,286,760642,680
2012-04-27$1.43$1.2043.8%12.6%39.7%18.0%45.0%-2.9%1.2%1.9M-81.7M-359.1K0.4215.20N/AN/A13,8805,8401,279,040635,290
2012-04-30$1.42$1.2051.5%14.8%39.7%26.2%51.4%1.6%-4.9%1.8M-74.9M-352.9K0.5717.96N/AN/A24,39013,8201,280,950638,490