HUN Options History — August 2012

In August 2012, HUN traded between $1.28 and $1.48. ATM implied volatility averaged 40.1%, placing in the 22.1% IV rank vs the trailing year. The 30-day expected move averaged 12.0%. IV traded above realized volatility by 4.3% (HV 20d: 35.8%). Max pain ranged from $1.30 to $1.30. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 20 of 23 days. Put/call ratio averaged 0.64.

Notable Days

  • 2012-08-16: Highest Volume — 908,650 contracts
  • 2012-08-15: Largest IV spike — 200.1% change
  • 2012-08-15: Highest IV Rank — 49.6%
  • 2012-08-15: Largest Expected Move — 15.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.40$1.28$1.48$1.33$1.44
Max Pain$1.30$1.30$1.30$1.30$1.30
ATM IV40.1%18.3%55.0%42.2%38.7%
Expected Move12.0%10.4%15.6%12.1%11.1%
HV 20d35.8%26.1%46.7%44.9%26.1%
HV 60d48.0%43.3%51.1%50.6%43.5%
IV Rank22.1%0.0%49.6%11.6%27.5%
IV Percentile15.2%0.0%61.1%12.7%7.1%
Term Structure2.5%-3.0%6.7%4.2%3.0%
VWIV42.5%35.6%57.4%43.2%38.9%
Skew 25d0.3%-7.9%8.3%1.5%-1.8%
Skew 10d1.7%-16.8%28.4%-1.9%-10.9%
Call IV 25d43.3%34.6%60.0%44.8%41.2%
Put IV 25d43.6%39.4%52.1%46.3%39.4%
Bid-Ask Spread %18.6911.3344.5315.0413.69
Gamma HHI0.280.160.460.300.18
Net GEX2.5M1.7M5.0M2.1M2.1M
Net DEX-63.6M-111.3M-31.8M-46.2M-63.9M
Net VEX-326.7K-407.0K-245.3K-279.4K-387.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.640.042.450.260.29
Total Volume91,064.78315,090908,650121,50018,080
Total OI1,696,709.5651,500,6902,346,1101,684,0601,663,070

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2012-08-01$1.33$1.3042.2%12.1%44.9%11.6%43.2%1.5%4.2%2.1M-46.2M-279.4K0.2615.04N/AN/A96,68024,8201,131,130552,930
2012-08-02$1.28$1.3042.3%12.1%46.1%11.7%43.6%3.2%1.5%1.7M-31.8M-272.2K2.4511.33N/AN/A8,92021,8101,127,100553,660
2012-08-03$1.31$1.3037.6%10.8%46.7%6.4%37.7%5.5%5.3%2.2M-40.5M-267.6K0.1644.53N/AN/A22,8703,5701,130,190559,110
2012-08-06$1.34$1.3039.7%12.1%44.7%8.8%40.5%5.5%4.9%2.7M-51.9M-268.1K0.2813.37N/AN/A19,5705,4301,137,550556,180
2012-08-07$1.36$1.3035.3%11.4%43.2%3.9%39.1%7.9%5.1%2.5M-54.3M-270.7K1.5016.52N/AN/A11,65017,4601,141,670557,050
2012-08-08$1.36$1.3034.6%11.1%36.2%3.4%37.8%8.3%4.4%2.9M-56.8M-266.0K0.6814.11N/AN/A21,72014,7701,143,320558,290
2012-08-09$1.37$1.3031.4%10.9%34.9%0.0%35.6%6.5%4.9%2.9M-61.2M-258.5K0.1715.03N/AN/A24,2704,0801,143,460560,120
2012-08-10$1.36$1.3030.5%10.4%34.9%0.0%37.5%6.6%6.7%3.2M-60.0M-255.3K0.4419.63N/AN/A14,5606,3601,152,780561,400
2012-08-13$1.36$1.3035.4%10.4%34.2%8.0%37.4%5.4%6.4%3.2M-57.4M-245.3K0.3619.99N/AN/A12,8704,6001,163,620567,410
2012-08-14$1.36$1.3018.3%10.7%33.0%0.0%38.0%6.0%4.9%3.1M-58.7M-246.2K1.2526.31N/AN/A6,7008,3901,166,820569,520
2012-08-15$1.43$1.3055.0%15.6%36.1%49.6%57.4%-7.9%-3.0%2.6M-83.1M-267.5K0.1027.28N/AN/A370,50037,0001,168,630573,420
2012-08-16$1.47$1.3052.4%15.0%36.3%46.0%52.5%-7.4%-1.8%3.4M-104.6M-310.8K0.4016.37N/AN/A649,230259,4201,362,510593,910
2012-08-17$1.48$1.3049.1%14.1%36.0%41.6%52.4%-5.0%0.3%5.0M-111.3M-407.0K0.0825.02N/AN/A53,2704,3001,532,600813,510
2012-08-20$1.47$1.3046.1%13.2%34.8%37.5%48.4%-4.4%-0.2%1.8M-70.8M-396.0K0.1812.95N/AN/A60,99011,1801,094,780405,910
2012-08-21$1.46$1.3044.4%12.7%33.0%35.2%43.9%-3.4%1.2%1.9M-69.7M-393.7K0.3720.80N/AN/A58,58021,7201,105,910413,000
2012-08-22$1.47$1.3041.6%11.9%33.1%31.4%41.7%-3.8%0.8%2.0M-71.9M-392.7K0.5617.50N/AN/A10,5505,9301,129,420429,220
2012-08-23$1.45$1.3041.1%11.8%34.1%30.7%41.7%-2.3%1.7%2.0M-67.1M-391.3K2.3919.59N/AN/A14,64035,0301,134,080430,600
2012-08-24$1.45$1.3042.6%12.2%32.3%32.7%42.8%-2.8%0.1%1.9M-66.3M-399.4K0.7516.63N/AN/A10,5807,9301,142,450463,450
2012-08-27$1.42$1.3041.3%11.8%33.3%31.0%42.3%-1.4%1.9%1.9M-59.4M-387.0K0.7216.77N/AN/A14,40010,4001,144,960464,680
2012-08-28$1.42$1.3041.4%11.9%33.5%31.1%43.8%-4.4%0.9%1.9M-60.1M-386.0K0.1313.02N/AN/A35,8304,7001,155,710471,320
2012-08-29$1.43$1.3040.3%11.5%29.5%29.7%38.7%-2.9%2.8%2.0M-60.7M-387.3K1.1817.05N/AN/A10,03011,8401,172,450473,710
2012-08-30$1.41$1.3040.8%11.7%26.4%30.4%42.7%-1.8%2.4%1.8M-55.7M-380.2K0.0417.21N/AN/A26,1101,1501,174,310477,400
2012-08-31$1.44$1.3038.7%11.1%26.1%27.5%38.9%-1.8%3.0%2.1M-63.9M-387.0K0.2913.69N/AN/A14,0004,0801,185,270477,800