HUN Options History — September 2013

In September 2013, HUN traded between $1.75 and $2.08. ATM implied volatility averaged 35.9%, placing in the 39.8% IV rank vs the trailing year. The 30-day expected move averaged 10.2%. IV traded above realized volatility by 8.2% (HV 20d: 27.7%). Max pain ranged from $1.80 to $1.80. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 15 of 20 days. Put/call ratio averaged 0.17.

Notable Days

  • 2013-09-16: Highest Volume — 355,300 contracts
  • 2013-09-09: Largest IV spike — 72.2% change
  • 2013-09-10: Highest IV Rank — 69.2%
  • 2013-09-16: Largest Expected Move — 12.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.94$1.75$2.08$1.75$2.06
Max Pain$1.80$1.80$1.80$1.80$1.80
ATM IV35.9%27.3%47.9%30.2%33.3%
Expected Move10.2%8.2%12.9%8.7%9.5%
HV 20d27.7%24.5%30.1%25.0%25.1%
HV 60d25.5%24.4%26.3%25.9%24.5%
IV Rank39.8%18.8%69.2%25.9%33.4%
IV Percentile49.8%4.4%93.7%19.8%41.3%
Term Structure1.9%-4.5%7.8%1.6%5.6%
VWIV36.1%28.8%45.5%30.4%33.4%
Skew 25d1.4%-2.0%7.5%1.9%1.1%
Skew 10d9.6%-2.6%20.9%1.4%18.6%
Call IV 25d35.8%23.2%46.8%30.8%34.6%
Put IV 25d37.3%30.6%46.1%32.7%35.6%
Bid-Ask Spread %21.8812.6234.7120.8916.93
Gamma HHI0.220.190.300.240.20
Net GEX5.3M2.9M7.9M2.9M5.8M
Net DEX-153.4M-218.4M-56.2M-56.2M-208.5M
Net VEX-542.9K-600.3K-487.3K-531.6K-487.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.170.030.490.480.34
Total Volume107,8399,690355,30010,1409,690
Total OI2,162,009.51,835,1902,428,7501,835,1902,238,050

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2013-09-03$1.75$1.8030.2%8.7%25.0%25.9%30.4%1.9%1.6%2.9M-56.2M-531.6K0.4820.89N/AN/A6,8403,3001,222,570612,620
2013-09-04$1.77$1.8029.0%8.3%24.6%23.1%28.8%7.4%2.4%3.2M-62.9M-532.1K0.1318.65N/AN/A9,7901,2901,226,360613,950
2013-09-05$1.78$1.8028.6%8.2%24.5%22.1%30.7%7.5%2.6%3.2M-64.4M-526.4K0.1012.62N/AN/A9,6301,0001,232,840614,460
2013-09-06$1.80$1.8027.3%8.7%25.0%18.8%30.5%3.5%3.5%3.8M-73.9M-530.1K0.2520.22N/AN/A17,3804,2901,237,130614,140
2013-09-09$1.89$1.8047.0%12.0%29.7%67.0%42.0%0.6%-2.6%3.7M-108.7M-538.9K0.0734.71N/AN/A295,43021,6601,248,920616,070
2013-09-10$1.86$1.8047.9%12.3%30.1%69.2%44.0%-0.1%-2.9%4.7M-119.6M-586.0K0.0927.08N/AN/A129,60011,6701,473,630627,090
2013-09-11$1.87$1.8039.7%11.3%29.2%49.2%40.2%-0.6%2.6%5.2M-126.5M-586.8K0.1920.76N/AN/A69,41012,9501,540,860634,990
2013-09-12$1.87$1.8042.8%12.3%29.2%56.7%43.7%-2.0%-2.4%5.3M-129.4M-590.3K0.1522.99N/AN/A116,34017,8201,570,420646,510
2013-09-13$1.93$1.8040.2%11.5%28.8%50.3%40.8%-0.7%0.1%6.2M-156.2M-600.3K0.0822.93N/AN/A187,68015,1301,627,190655,610
2013-09-16$1.91$1.8044.9%12.9%28.5%62.0%45.5%-0.6%-4.5%6.3M-154.6M-589.1K0.0732.72N/AN/A331,43023,8701,683,160664,980
2013-09-17$1.95$1.8036.2%10.4%28.7%40.6%36.2%0.2%2.0%7.9M-176.9M-573.5K0.2123.93N/AN/A229,86048,9701,750,610677,110
2013-09-18$1.95$1.8034.7%9.9%27.9%36.8%34.3%2.0%-0.0%7.8M-168.1M-563.7K0.1522.61N/AN/A132,21019,1901,722,160706,590
2013-09-19$2.04$1.8036.2%10.4%30.1%40.6%35.8%-0.5%0.0%7.6M-209.6M-527.2K0.1926.49N/AN/A83,19015,6601,620,450698,890
2013-09-20$2.06$1.8034.5%9.9%30.1%36.4%35.6%-0.1%2.7%5.8M-218.4M-539.6K0.0421.38N/AN/A69,8302,4601,641,050704,490
2013-09-23$2.06$1.8035.3%10.1%30.0%38.5%35.9%1.6%3.7%5.1M-199.2M-533.0K0.1219.47N/AN/A79,4309,6301,533,260664,210
2013-09-24$2.06$1.8033.6%9.6%30.0%34.2%34.5%2.4%4.1%5.4M-202.5M-523.0K0.0616.24N/AN/A53,5903,3501,547,660668,930
2013-09-25$2.07$1.8032.9%9.4%26.5%32.5%33.8%1.0%5.5%5.5M-211.0M-505.4K0.4918.61N/AN/A15,7407,6701,558,680670,530
2013-09-26$2.08$1.8032.0%9.2%25.2%30.3%32.4%2.9%6.4%5.6M-217.5M-488.1K0.2020.48N/AN/A26,1005,3401,563,270672,700
2013-09-27$2.06$1.8031.2%8.9%26.2%28.3%33.0%1.4%7.8%5.7M-204.2M-505.3K0.0317.91N/AN/A56,4901,8701,563,390674,660
2013-09-30$2.06$1.8033.3%9.5%25.1%33.4%33.4%1.1%5.6%5.8M-208.5M-487.3K0.3416.93N/AN/A7,2202,4701,563,390674,660