HUN Options History — May 2013

In May 2013, HUN traded between $1.82 and $1.98. ATM implied volatility averaged 42.7%, placing in the 50.3% IV rank vs the trailing year. The 30-day expected move averaged 12.5%. IV traded above realized volatility by 15.8% (HV 20d: 26.9%). Max pain ranged from $1.60 to $1.90. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 0.32.

Notable Days

  • 2013-05-22: Highest Volume — 636,160 contracts
  • 2013-05-06: Largest IV spike — 15.9% change
  • 2013-05-17: Highest IV Rank — 64.9%
  • 2013-05-17: Largest Expected Move — 14.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.90$1.82$1.98$1.82$1.95
Max Pain$1.86$1.60$1.90$1.60$1.90
ATM IV42.7%37.7%49.8%43.4%37.7%
Expected Move12.5%10.8%14.3%12.5%10.8%
HV 20d26.9%21.9%31.2%31.2%22.0%
HV 60d30.7%26.3%35.5%35.4%26.3%
IV Rank50.3%40.0%64.9%51.8%40.0%
IV Percentile62.0%46.8%80.2%64.7%46.8%
Term Structure-0.5%-4.8%4.3%2.4%1.5%
VWIV44.5%38.0%51.9%46.4%38.0%
Skew 25d-0.5%-3.7%1.7%-3.7%1.7%
Skew 10d-0.6%-5.0%4.6%-5.0%1.2%
Call IV 25d45.1%37.9%51.7%48.3%37.9%
Put IV 25d44.6%37.0%50.2%44.6%39.6%
Bid-Ask Spread %19.3314.1227.6421.4927.64
Gamma HHI0.320.190.470.330.28
Net GEX6.3M4.9M8.9M4.9M7.1M
Net DEX-135.3M-204.5M-106.3M-106.3M-145.4M
Net VEX-548.3K-683.7K-438.9K-451.7K-674.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.320.061.080.330.26
Total Volume137,334.09120,780636,160147,98043,900
Total OI2,339,9551,964,6102,917,4202,146,1802,478,330

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2013-05-01$1.82$1.6043.4%12.5%31.2%51.8%46.4%-3.7%2.4%4.9M-106.3M-451.7K0.3321.49N/AN/A111,67036,3101,516,530629,650
2013-05-02$1.84$1.6042.0%12.0%27.5%48.7%42.7%0.6%4.3%5.4M-113.9M-474.1K0.1216.67N/AN/A43,8805,2301,577,280656,110
2013-05-03$1.86$1.6040.0%11.5%27.7%44.7%41.0%1.2%4.2%5.8M-125.0M-472.6K0.3316.98N/AN/A35,14011,6101,597,890658,700
2013-05-06$1.89$1.9046.4%13.2%27.5%57.8%48.5%-2.3%-1.5%5.8M-133.4M-475.0K0.5917.18N/AN/A60,61035,7601,607,460662,600
2013-05-07$1.89$1.9043.7%13.2%27.2%52.3%46.5%-1.5%-1.0%6.0M-135.3M-487.1K0.1120.97N/AN/A39,7704,4301,637,990691,350
2013-05-08$1.91$1.9042.5%13.0%27.2%49.9%45.8%-1.9%-1.6%6.5M-146.9M-485.1K0.4121.65N/AN/A14,8906,1301,656,100694,150
2013-05-09$1.90$1.9041.9%12.8%27.2%48.6%45.1%-1.7%-0.8%6.7M-142.7M-475.5K0.1820.69N/AN/A22,1704,0601,657,200694,110
2013-05-10$1.88$1.9040.6%12.8%26.8%45.8%45.6%-0.6%-1.4%6.7M-129.9M-464.3K1.0815.99N/AN/A9,97010,8101,660,950695,890
2013-05-13$1.84$1.9044.9%13.6%26.6%54.9%47.6%-0.8%-2.8%6.1M-109.4M-438.9K0.0618.33N/AN/A104,3306,2301,661,040704,960
2013-05-14$1.88$1.9044.2%13.1%27.0%53.4%46.3%-1.0%-3.1%7.0M-130.4M-447.2K0.4416.45N/AN/A32,74014,3101,695,400707,530
2013-05-15$1.93$1.9043.2%13.9%27.5%51.3%50.0%-0.9%-4.8%8.1M-162.7M-452.7K0.2922.86N/AN/A358,990105,4301,697,190717,100
2013-05-16$1.90$1.9048.6%13.9%28.5%62.4%49.4%-1.4%-3.7%8.9M-149.5M-519.2K0.4516.96N/AN/A280,090127,2301,834,910811,730
2013-05-17$1.95$1.9049.8%14.3%29.2%64.9%51.9%-1.8%-2.3%6.3M-204.5M-591.6K0.0919.20N/AN/A180,54016,0201,995,400922,020
2013-05-20$1.98$1.9045.8%13.1%29.3%56.6%46.2%-0.1%-3.0%5.0M-143.6M-601.2K0.1215.22N/AN/A155,34017,9501,505,540459,070
2013-05-21$1.97$1.9046.4%13.3%26.8%57.8%46.1%0.3%-4.5%5.1M-140.8M-609.3K0.3320.43N/AN/A79,42025,8201,559,550470,480
2013-05-22$1.93$1.9039.1%11.2%28.1%42.7%38.7%0.9%1.7%5.6M-122.5M-602.0K0.1118.54N/AN/A575,04061,1201,601,570489,220
2013-05-23$1.92$1.9041.7%11.9%26.8%48.1%41.4%0.7%1.7%5.6M-126.4M-668.1K0.1023.27N/AN/A123,82012,6001,750,930511,230
2013-05-24$1.91$1.9041.4%11.9%25.4%47.6%41.9%1.5%0.9%5.9M-126.3M-683.7K0.1714.12N/AN/A32,2105,5501,836,130518,740
2013-05-28$1.91$1.9040.8%11.7%25.4%46.4%40.8%1.1%-0.3%6.2M-123.9M-655.5K0.6322.97N/AN/A53,67034,0701,842,560522,290
2013-05-29$1.91$1.9038.4%11.0%25.2%41.5%38.9%0.3%1.1%6.5M-126.0M-658.3K0.5919.45N/AN/A62,33036,6201,870,020542,450
2013-05-30$1.92$1.9037.8%10.8%21.9%40.1%39.2%-1.5%0.7%6.7M-131.9M-675.1K0.3318.24N/AN/A17,6905,8501,906,410573,250
2013-05-31$1.95$1.9037.7%10.8%22.0%40.0%38.0%1.7%1.5%7.1M-145.4M-674.7K0.2627.64N/AN/A34,9808,9201,904,090574,240