HUN Options History — May 2012

In May 2012, HUN traded between $1.27 and $1.54. ATM implied volatility averaged 48.6%, placing in the 23.1% IV rank vs the trailing year. The 30-day expected move averaged 14.0%. IV traded above realized volatility by 2.2% (HV 20d: 46.3%). Max pain ranged from $1.20 to $1.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 19 of 22 days. Put/call ratio averaged 0.57.

Notable Days

  • 2012-05-09: Highest Volume — 143,400 contracts
  • 2012-05-04: Largest IV spike — 14.3% change
  • 2012-05-18: Highest IV Rank — 36.7%
  • 2012-05-18: Largest Expected Move — 17.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.41$1.27$1.54$1.54$1.28
Max Pain$1.40$1.20$1.50$1.20$1.40
ATM IV48.6%37.8%61.4%38.6%49.8%
Expected Move14.0%10.8%17.6%11.1%14.3%
HV 20d46.3%40.7%54.7%44.0%45.0%
HV 60d42.9%40.4%44.7%42.0%43.5%
IV Rank23.1%11.6%36.7%12.5%24.3%
IV Percentile47.3%16.7%77.0%21.0%46.8%
Term Structure1.1%-1.1%3.7%1.6%0.1%
VWIV49.8%37.9%61.0%39.1%50.6%
Skew 25d1.3%-3.6%5.2%-3.6%1.9%
Skew 10d1.0%-26.5%23.1%7.7%2.4%
Call IV 25d49.8%40.8%61.8%41.5%50.9%
Put IV 25d51.0%37.9%67.0%37.9%52.8%
Bid-Ask Spread %15.629.2026.8714.8918.13
Gamma HHI0.170.130.200.190.15
Net GEX1.7M419.3K2.5M2.5M942.0K
Net DEX-68.6M-117.3M-24.9M-117.3M-24.9M
Net VEX-386.2K-434.6K-354.6K-354.7K-367.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.570.083.580.380.45
Total Volume56,734.0919,140143,400140,89010,650
Total OI1,910,835.4551,450,2002,320,5801,946,4701,585,810

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2012-05-01$1.54$1.2038.6%11.1%44.0%12.5%39.1%-3.6%1.6%2.5M-117.3M-354.7K0.3814.89N/AN/A102,11038,7801,300,460646,010
2012-05-02$1.54$1.2039.8%11.4%43.9%13.7%40.1%-1.6%3.6%2.5M-117.0M-360.2K0.6212.19N/AN/A17,38010,7401,319,360660,560
2012-05-03$1.50$1.2037.8%10.8%44.1%11.6%37.9%-0.5%3.7%2.2M-100.3M-354.6K0.819.20N/AN/A22,67018,2801,294,160661,050
2012-05-04$1.48$1.4043.2%12.9%44.3%17.3%45.9%0.3%1.4%2.1M-93.9M-363.3K0.1512.48N/AN/A53,7508,3101,292,970662,440
2012-05-07$1.52$1.4043.4%13.0%44.1%17.6%45.3%3.6%1.7%2.5M-108.2M-366.7K0.0816.16N/AN/A62,8005,2201,335,580663,900
2012-05-08$1.50$1.4045.7%13.7%43.4%20.0%48.8%2.2%0.5%2.3M-97.7M-388.3K0.1414.58N/AN/A32,6304,5401,380,860665,580
2012-05-09$1.46$1.4048.2%14.2%44.6%22.7%49.6%2.3%0.9%2.1M-87.7M-386.4K3.5816.62N/AN/A31,280112,1201,401,180667,020
2012-05-10$1.50$1.5050.3%14.4%42.8%25.0%50.6%2.3%1.0%2.3M-102.1M-422.7K0.0914.26N/AN/A78,8506,7301,416,240760,660
2012-05-11$1.49$1.5049.8%14.3%41.6%24.4%49.7%2.3%0.7%2.5M-98.1M-434.6K0.3114.60N/AN/A20,3906,2301,482,790765,560
2012-05-14$1.48$1.5051.3%14.7%41.6%26.0%51.6%2.4%0.9%2.4M-96.5M-422.5K0.3516.55N/AN/A6,7502,3901,491,550768,020
2012-05-15$1.48$1.5049.8%14.3%40.7%24.4%52.0%0.8%2.9%2.5M-93.8M-415.8K0.1619.62N/AN/A12,8402,0801,494,630767,700
2012-05-16$1.42$1.5052.2%15.0%42.3%27.0%51.9%3.4%2.1%1.8M-73.6M-398.4K0.1716.97N/AN/A58,60010,2101,495,180764,950
2012-05-17$1.32$1.5056.4%16.2%49.5%31.4%57.2%-2.1%-0.3%758.1K-42.9M-378.2K0.5326.87N/AN/A56,10029,8701,517,040766,990
2012-05-18$1.27$1.4061.4%17.6%50.7%36.7%61.0%5.2%-1.1%419.3K-31.8M-374.7K0.4113.57N/AN/A75,08030,6901,537,940782,640
2012-05-21$1.31$1.4053.9%15.4%52.1%28.7%53.6%3.1%0.6%911.3K-31.9M-390.8K0.2116.95N/AN/A49,78010,5501,055,230394,970
2012-05-22$1.29$1.4054.2%15.5%51.8%29.1%59.5%1.4%-0.2%865.5K-29.7M-385.9K0.1112.72N/AN/A81,3409,1001,074,860400,820
2012-05-23$1.30$1.4050.5%14.5%51.1%25.2%51.1%1.2%0.1%1.0M-30.9M-383.5K2.4416.09N/AN/A25,41062,0101,122,250405,120
2012-05-24$1.30$1.4048.7%14.0%51.1%23.2%50.3%0.4%2.6%1.0M-30.7M-388.0K0.1215.80N/AN/A11,1701,3201,130,830416,690
2012-05-25$1.29$1.4047.7%13.7%51.1%22.1%49.4%-0.4%0.9%988.2K-27.6M-379.1K0.4215.83N/AN/A8,3703,5501,136,470417,550
2012-05-29$1.35$1.4047.4%13.6%54.7%21.8%48.1%1.4%0.1%1.3M-40.5M-395.5K0.1110.43N/AN/A26,1202,8701,141,050419,310
2012-05-30$1.32$1.4048.5%13.9%44.6%23.1%52.2%2.3%0.6%1.1M-32.7M-384.9K0.9619.03N/AN/A14,53013,9601,153,640420,760
2012-05-31$1.28$1.4049.8%14.3%45.0%24.3%50.6%1.9%0.1%942.0K-24.9M-367.4K0.4518.13N/AN/A7,3503,3001,154,050431,760