HUN Options History — June 2012

In June 2012, HUN traded between $1.17 and $1.35. ATM implied volatility averaged 52.3%, placing in the 27.1% IV rank vs the trailing year. The 30-day expected move averaged 15.1%. IV traded below realized volatility by 4.3% (HV 20d: 56.7%). Max pain ranged from $1.20 to $1.40. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 18 of 21 days. Put/call ratio averaged 1.17.

Notable Days

2012-06-14: Highest Volume — 203,450 contracts
2012-06-14: Largest IV spike — 44.7% change
2012-06-14: Highest IV Rank — 42.5%
2012-06-14: Largest Expected Move — 19.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$1.25	$1.17	$1.35	$1.18	$1.29
Max Pain	$1.25	$1.20	$1.40	$1.40	$1.20
ATM IV	52.3%	44.6%	66.8%	57.4%	45.2%
Expected Move	15.1%	12.8%	19.2%	16.5%	13.0%
HV 20d	56.7%	50.5%	64.1%	50.9%	51.6%
HV 60d	48.2%	44.3%	51.6%	46.3%	49.4%
IV Rank	27.1%	18.8%	42.5%	32.5%	19.5%
IV Percentile	51.7%	30.2%	83.3%	69.0%	30.2%
Term Structure	2.9%	-4.0%	7.0%	-1.1%	5.8%
VWIV	53.4%	45.3%	66.4%	58.5%	47.5%
Skew 25d	4.6%	1.2%	8.9%	1.2%	1.4%
Skew 10d	11.2%	-1.2%	31.1%	-1.2%	7.5%
Call IV 25d	51.6%	45.7%	63.8%	59.1%	46.5%
Put IV 25d	56.2%	47.5%	68.3%	60.3%	48.0%
Bid-Ask Spread %	19.92	12.29	57.21	14.44	17.83
Gamma HHI	0.18	0.15	0.35	0.16	0.18
Net GEX	805.4K	414.5K	2.0M	577.2K	1.0M
Net DEX	-22.8M	-44.4M	-5.8M	-10.6M	-31.1M
Net VEX	-349.8K	-387.3K	-317.8K	-330.6K	-348.6K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.17	0.03	12.16	0.81	0.45
Total Volume	46,184.286	7,520	203,450	49,840	19,200
Total OI	1,612,674.286	1,492,380	1,783,910	1,589,420	1,601,450

Daily Data (21 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
2012-06-01	$1.18	$1.40	57.4%	16.5%	50.9%	32.5%	58.5%	1.2%	-1.1%	577.2K	-10.6M	-330.6K	0.81	14.44	N/A	N/A	27,480	22,360	1,155,100	434,320
2012-06-04	$1.17	$1.30	61.2%	17.1%	50.9%	36.5%	60.3%	5.8%	2.5%	484.4K	-8.4M	-326.6K	1.03	15.88	N/A	N/A	31,810	32,880	1,161,370	449,980
2012-06-05	$1.19	$1.30	56.7%	16.3%	50.5%	31.7%	55.7%	5.4%	3.1%	534.1K	-10.5M	-336.3K	0.09	19.07	N/A	N/A	23,410	2,090	1,177,310	473,760
2012-06-06	$1.23	$1.30	53.3%	15.8%	52.6%	28.1%	53.6%	5.5%	3.3%	664.1K	-17.2M	-358.3K	0.58	18.19	N/A	N/A	12,700	7,430	1,196,330	474,050
2012-06-07	$1.24	$1.30	52.8%	14.7%	52.7%	27.6%	50.3%	6.1%	3.9%	722.3K	-18.6M	-356.3K	0.15	13.81	N/A	N/A	28,640	4,240	1,199,860	477,400
2012-06-08	$1.24	$1.30	48.0%	14.8%	50.8%	22.5%	52.3%	8.9%	5.0%	674.7K	-15.9M	-343.4K	0.69	12.29	N/A	N/A	4,450	3,070	1,202,510	479,390
2012-06-11	$1.17	$1.20	55.6%	15.2%	53.0%	30.6%	52.8%	5.6%	5.5%	414.5K	-5.8M	-317.8K	0.55	15.82	N/A	N/A	13,200	7,250	1,205,010	481,370
2012-06-12	$1.21	$1.20	52.2%	15.8%	54.8%	26.9%	55.5%	7.4%	0.8%	540.4K	-10.1M	-327.6K	1.62	16.81	N/A	N/A	6,530	10,600	1,211,570	487,590
2012-06-13	$1.19	$1.20	46.2%	15.4%	54.8%	20.5%	52.8%	8.5%	4.6%	471.7K	-8.4M	-327.0K	0.41	31.48	N/A	N/A	17,080	6,920	1,212,560	492,950
2012-06-14	$1.30	$1.20	66.8%	19.2%	64.1%	42.5%	66.4%	4.5%	-4.0%	937.3K	-32.7M	-376.7K	0.06	24.74	N/A	N/A	192,170	11,280	1,221,590	494,840
2012-06-15	$1.30	$1.20	62.1%	17.8%	58.7%	37.5%	61.5%	2.3%	-2.4%	2.0M	-38.7M	-387.3K	0.58	19.05	N/A	N/A	26,820	15,590	1,288,130	495,780
2012-06-18	$1.27	$1.20	56.3%	16.1%	57.8%	31.3%	55.6%	2.6%	1.6%	830.0K	-30.3M	-365.8K	0.25	19.94	N/A	N/A	21,720	5,490	1,028,400	463,980
2012-06-19	$1.35	$1.20	49.0%	14.0%	60.2%	23.5%	48.3%	3.4%	4.1%	1.1M	-44.4M	-380.1K	0.05	57.21	N/A	N/A	168,190	7,680	1,038,680	467,650
2012-06-20	$1.34	$1.20	46.4%	13.3%	60.0%	20.7%	47.9%	1.9%	5.8%	1.1M	-42.0M	-371.7K	0.47	19.68	N/A	N/A	15,000	7,010	1,027,410	469,340
2012-06-21	$1.28	$1.30	48.9%	14.0%	62.1%	23.5%	49.2%	6.4%	1.3%	982.0K	-31.8M	-357.2K	12.16	19.56	N/A	N/A	6,410	77,930	1,034,840	470,590
2012-06-22	$1.29	$1.30	44.6%	12.8%	62.1%	18.8%	45.3%	4.5%	7.0%	841.8K	-28.5M	-359.0K	0.66	14.73	N/A	N/A	10,520	6,950	1,007,950	542,810
2012-06-25	$1.24	$1.30	50.2%	14.4%	63.2%	24.8%	55.3%	3.2%	3.0%	635.9K	-19.0M	-340.5K	2.50	19.31	N/A	N/A	7,920	19,770	1,009,050	535,690
2012-06-26	$1.26	$1.20	49.2%	14.1%	60.5%	23.8%	50.5%	4.1%	1.9%	746.7K	-23.6M	-343.8K	0.40	14.48	N/A	N/A	15,090	6,100	1,012,730	543,680
2012-06-27	$1.27	$1.20	46.4%	13.3%	59.8%	20.7%	47.6%	5.4%	5.4%	795.1K	-23.6M	-341.9K	1.06	16.21	N/A	N/A	6,280	6,640	1,020,510	546,010
2012-06-28	$1.28	$1.20	50.8%	14.6%	59.2%	25.4%	53.9%	3.1%	4.0%	821.9K	-26.7M	-350.1K	0.03	17.82	N/A	N/A	52,310	1,660	1,021,730	550,890
2012-06-29	$1.29	$1.20	45.2%	13.0%	51.6%	19.5%	47.5%	1.4%	5.8%	1.0M	-31.1M	-348.6K	0.45	17.83	N/A	N/A	13,260	5,940	1,050,910	550,540