HUN Options History — November 2012

In November 2012, HUN traded between $1.55 and $1.71. ATM implied volatility averaged 35.4%, placing in the 34.5% IV rank vs the trailing year. The 30-day expected move averaged 10.1%. IV traded below realized volatility by 4.0% (HV 20d: 39.4%). Max pain ranged from $1.30 to $1.60. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 17 of 21 days. Put/call ratio averaged 0.50.

Notable Days

  • 2012-11-05: Highest Volume — 136,250 contracts
  • 2012-11-05: Largest IV spike — 21.3% change
  • 2012-11-05: Highest IV Rank — 49.9%
  • 2012-11-01: Largest Expected Move — 12.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.64$1.55$1.71$1.55$1.64
Max Pain$1.50$1.30$1.60$1.30$1.60
ATM IV35.4%30.0%42.9%42.9%31.1%
Expected Move10.1%8.6%12.3%12.3%8.9%
HV 20d39.4%35.0%43.9%35.0%36.5%
HV 60d33.4%31.0%34.5%31.0%34.0%
IV Rank34.5%24.0%49.9%41.8%26.2%
IV Percentile12.5%0.4%35.7%35.7%3.2%
Term Structure1.6%-3.2%5.1%-3.2%3.6%
VWIV34.9%21.0%43.4%43.4%31.3%
Skew 25d4.0%1.7%7.0%4.3%3.7%
Skew 10d7.5%-5.4%22.6%11.2%-1.5%
Call IV 25d34.3%28.2%43.5%43.5%30.4%
Put IV 25d38.2%32.6%47.8%47.8%34.0%
Bid-Ask Spread %17.6211.5729.1524.1114.30
Gamma HHI0.160.130.350.140.16
Net GEX2.2M1.7M3.6M1.8M2.0M
Net DEX-105.4M-138.6M-73.9M-89.9M-87.8M
Net VEX-310.9K-351.9K-279.7K-351.9K-279.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.500.061.450.280.16
Total Volume31,990.9528,100136,25062,80014,630
Total OI1,854,673.811,463,9202,163,4901,990,6301,551,920

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2012-11-01$1.55$1.3042.9%12.3%35.0%41.8%43.4%4.3%-3.2%1.8M-89.9M-351.9K0.2824.11N/AN/A49,17013,6301,121,920868,710
2012-11-02$1.62$1.3035.1%10.1%37.6%28.5%35.5%3.2%1.6%2.1M-112.5M-333.0K0.2711.57N/AN/A60,60016,5701,144,890876,180
2012-11-05$1.71$1.4042.5%11.3%41.3%49.9%32.0%4.9%-0.6%2.2M-137.8M-316.5K0.1817.04N/AN/A115,76020,4901,158,380879,760
2012-11-06$1.71$1.5040.2%11.0%40.2%45.0%38.7%2.7%-1.0%2.4M-138.6M-329.9K0.1813.55N/AN/A47,5508,4401,213,020882,510
2012-11-07$1.70$1.5040.1%11.1%40.3%44.8%39.7%3.8%-1.2%2.5M-137.9M-330.0K0.6714.83N/AN/A12,3908,2401,242,470886,340
2012-11-08$1.67$1.5037.6%10.9%40.4%39.8%37.3%1.7%1.0%2.5M-130.6M-322.3K0.5018.51N/AN/A6,1003,0601,243,030891,490
2012-11-09$1.67$1.5034.5%11.0%40.0%33.3%39.2%3.4%1.8%2.5M-129.6M-329.9K0.2116.76N/AN/A15,6103,2701,244,970892,880
2012-11-12$1.67$1.5041.6%10.8%40.0%48.0%37.3%3.5%0.9%2.5M-130.0M-316.2K0.8218.27N/AN/A5,1104,2001,248,030895,680
2012-11-13$1.66$1.5033.6%10.8%39.6%31.5%39.7%4.9%1.2%2.6M-127.6M-316.9K0.4815.88N/AN/A12,1905,8901,250,310899,240
2012-11-14$1.61$1.5037.1%11.2%41.1%38.7%38.2%6.0%0.2%2.4M-113.0M-320.4K0.7412.85N/AN/A11,4008,4301,250,680903,020
2012-11-15$1.57$1.5038.9%11.2%40.8%42.4%39.6%4.9%0.2%2.2M-98.1M-321.4K0.9918.00N/AN/A13,12012,9701,247,500906,880
2012-11-16$1.59$1.5037.3%10.7%40.9%39.0%37.4%4.9%1.2%3.6M-101.5M-314.9K0.2920.00N/AN/A22,1706,3301,249,870913,620
2012-11-19$1.66$1.5032.7%9.4%43.9%29.6%32.3%4.0%4.6%1.7M-86.9M-294.2K0.1314.15N/AN/A45,4106,040916,980546,940
2012-11-20$1.65$1.5033.2%9.5%43.1%30.6%34.4%3.8%2.8%1.8M-86.4M-300.3K0.2013.47N/AN/A11,3502,300945,390550,700
2012-11-21$1.66$1.5030.0%8.6%43.1%24.0%29.7%3.1%5.1%1.8M-87.0M-301.9K1.2929.15N/AN/A5,7207,380948,540551,340
2012-11-23$1.67$1.6030.5%8.7%35.6%25.1%31.1%2.1%4.2%1.9M-90.8M-288.6K0.4614.04N/AN/A5,5302,570951,700558,590
2012-11-26$1.66$1.6030.1%8.6%35.7%24.3%30.5%4.4%4.8%1.8M-88.0M-289.6K1.4527.31N/AN/A5,1007,370954,520559,240
2012-11-27$1.63$1.6031.4%9.0%36.6%27.0%21.0%7.0%2.7%1.9M-82.3M-287.6K0.0620.68N/AN/A25,6401,610958,080559,940
2012-11-28$1.59$1.6031.8%9.1%37.2%27.9%33.4%4.4%1.6%1.9M-73.9M-292.1K0.8717.10N/AN/A10,4409,080978,670560,940
2012-11-29$1.63$1.6031.1%8.9%37.9%26.4%31.0%2.5%2.7%1.9M-82.5M-291.8K0.2018.36N/AN/A24,1004,850980,360562,920
2012-11-30$1.64$1.6031.1%8.9%36.5%26.2%31.3%3.7%3.6%2.0M-87.8M-279.7K0.1614.30N/AN/A12,5702,060985,980565,940