HUN Options History — April 2013

In April 2013, HUN traded between $1.73 and $1.90. ATM implied volatility averaged 50.3%, placing in the 66.0% IV rank vs the trailing year. The 30-day expected move averaged 14.8%. IV traded above realized volatility by 21.2% (HV 20d: 29.2%). Max pain ranged from $1.60 to $1.80. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 0.37.

Notable Days

  • 2013-04-29: Highest Volume — 728,870 contracts
  • 2013-04-30: Largest IV drop — 32.0% change
  • 2013-04-18: Highest IV Rank — 86.9%
  • 2013-04-18: Largest Expected Move — 17.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.80$1.73$1.90$1.81$1.89
Max Pain$1.64$1.60$1.80$1.80$1.60
ATM IV50.3%31.6%60.5%32.5%39.3%
Expected Move14.8%9.1%17.3%9.3%11.3%
HV 20d29.2%25.2%31.9%30.9%29.4%
HV 60d34.1%32.8%35.1%34.8%34.8%
IV Rank66.0%27.5%86.9%29.2%43.3%
IV Percentile77.1%18.3%98.4%23.4%50.4%
Term Structure-7.6%-14.3%6.3%4.8%0.7%
VWIV52.9%32.4%63.2%33.5%40.1%
Skew 25d-0.4%-3.0%3.5%2.1%2.7%
Skew 10d2.2%-17.7%10.4%-4.2%5.1%
Call IV 25d53.3%32.4%63.6%32.9%39.0%
Put IV 25d52.9%32.2%63.4%35.1%41.7%
Bid-Ask Spread %18.0311.6628.3311.6621.94
Gamma HHI0.220.150.380.160.38
Net GEX2.9M1.8M5.5M2.2M5.5M
Net DEX-73.1M-121.1M-41.7M-57.1M-121.1M
Net VEX-369.6K-410.5K-310.0K-312.9K-410.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.370.042.120.210.14
Total Volume112,275.90910,520728,87021,010247,690
Total OI1,747,236.3641,397,6502,003,0201,397,6502,003,020

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2013-04-01$1.81$1.8032.5%9.3%30.9%29.2%33.5%2.1%4.8%2.2M-57.1M-312.9K0.2111.66N/AN/A17,3803,630856,250541,400
2013-04-02$1.77$1.8031.6%9.1%25.8%27.5%32.4%-0.2%6.3%1.9M-47.8M-310.0K0.2314.15N/AN/A34,2007,970865,810542,020
2013-04-03$1.74$1.8034.3%9.8%25.2%33.0%34.2%0.9%5.8%1.8M-41.7M-313.2K2.1228.33N/AN/A16,75035,530887,510545,950
2013-04-04$1.82$1.8042.6%12.2%29.7%50.1%43.4%-3.0%2.0%2.1M-62.0M-337.5K0.2823.49N/AN/A290,88081,450891,400563,690
2013-04-05$1.82$1.6042.3%14.1%29.7%49.5%50.3%0.0%-7.0%2.6M-71.5M-379.2K0.0413.71N/AN/A126,2404,6801,051,640594,030
2013-04-08$1.80$1.6045.1%14.6%28.5%55.2%53.2%-1.1%-8.1%2.7M-69.6M-381.3K0.2117.66N/AN/A102,68021,6601,119,690596,120
2013-04-09$1.82$1.6044.0%14.5%29.1%52.9%51.0%-0.7%-8.2%3.2M-81.5M-397.7K0.1319.01N/AN/A24,4603,1501,196,830611,560
2013-04-10$1.81$1.6044.8%14.6%29.2%54.6%52.4%0.1%-8.9%3.1M-77.1M-396.2K0.1018.60N/AN/A79,1207,6801,200,370606,380
2013-04-11$1.80$1.6053.0%15.2%28.5%71.6%54.3%-2.4%-10.1%3.0M-73.6M-383.1K0.4814.20N/AN/A107,82051,3801,203,730607,340
2013-04-12$1.77$1.6051.2%14.7%28.4%67.8%52.4%-1.1%-8.2%3.1M-66.1M-378.2K1.7717.06N/AN/A7,31012,9201,265,040602,210
2013-04-15$1.74$1.6055.3%15.9%28.9%76.3%58.0%-1.4%-10.7%2.7M-56.7M-370.3K0.2717.82N/AN/A49,39013,2601,265,710607,270
2013-04-16$1.75$1.6056.3%16.1%28.6%78.4%59.8%-1.5%-10.9%2.7M-59.2M-381.8K0.0913.53N/AN/A33,9203,1601,306,460611,420
2013-04-17$1.73$1.6060.1%17.2%27.8%86.1%63.2%0.3%-13.7%2.2M-53.6M-378.6K0.2214.12N/AN/A50,93011,1701,320,410612,730
2013-04-18$1.73$1.6060.5%17.3%27.3%86.9%63.0%-0.2%-14.1%2.2M-52.7M-374.2K0.4818.58N/AN/A23,34011,3201,327,200615,560
2013-04-19$1.75$1.6059.4%17.0%28.0%84.7%63.1%-0.2%-14.3%2.7M-61.4M-375.7K0.2216.61N/AN/A31,9907,1901,335,710621,570
2013-04-22$1.78$1.6060.2%17.3%28.6%86.4%62.2%-2.2%-11.5%2.7M-68.0M-370.5K0.1317.90N/AN/A80,92010,6901,106,070581,560
2013-04-23$1.85$1.6058.3%16.7%31.7%82.5%59.9%-1.0%-10.4%3.3M-91.6M-379.5K0.1520.62N/AN/A33,3404,9401,146,520587,080
2013-04-24$1.86$1.6059.8%17.2%31.7%85.6%60.8%-0.6%-13.7%3.4M-95.0M-383.1K0.0522.17N/AN/A48,3402,4901,156,450589,650
2013-04-25$1.90$1.6059.7%17.1%31.6%85.4%60.4%3.5%-13.0%3.5M-108.0M-385.5K0.3413.36N/AN/A22,2407,4701,169,710591,150
2013-04-26$1.86$1.6058.5%16.8%31.9%82.9%58.4%-1.7%-12.0%3.6M-97.2M-368.9K0.4822.70N/AN/A7,1203,4001,168,650595,050
2013-04-29$1.87$1.6057.8%16.6%30.7%81.5%58.2%-0.4%-12.4%3.9M-96.9M-362.9K0.0519.34N/AN/A696,77032,1001,173,480597,800
2013-04-30$1.89$1.6039.3%11.3%29.4%43.3%40.1%2.7%0.7%5.5M-121.1M-410.5K0.1421.94N/AN/A218,10029,5901,385,800617,220