HUN Options History — November 2013

In November 2013, HUN traded between $2.21 and $2.33. ATM implied volatility averaged 24.7%, placing in the 12.4% IV rank vs the trailing year. The 30-day expected move averaged 9.3%. IV traded below realized volatility by 2.8% (HV 20d: 27.5%). Max pain ranged from $2.00 to $2.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 16 of 20 days. Put/call ratio averaged 0.94.

Notable Days

  • 2013-11-25: Highest Volume — 166,720 contracts
  • 2013-11-11: Largest IV spike — 24.0% change
  • 2013-11-11: Highest IV Rank — 21.4%
  • 2013-11-01: Largest Expected Move — 9.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.28$2.21$2.33$2.32$2.29
Max Pain$2.00$2.00$2.00$2.00$2.00
ATM IV24.7%21.3%28.4%25.0%24.8%
Expected Move9.3%9.0%9.8%9.8%9.1%
HV 20d27.5%20.6%30.7%27.8%20.6%
HV 60d26.0%25.2%27.1%26.5%25.4%
IV Rank12.4%4.0%21.4%13.2%12.6%
IV Percentile4.2%0.4%14.7%2.0%5.2%
Term Structure0.6%-0.9%3.1%3.1%1.5%
VWIV33.0%27.1%37.5%34.0%27.1%
Skew 25d2.6%1.0%3.9%1.1%2.6%
Skew 10d7.1%-0.9%13.1%4.8%10.7%
Call IV 25d24.4%21.6%26.7%24.3%23.8%
Put IV 25d26.9%23.3%28.9%25.5%26.4%
Bid-Ask Spread %11.808.1517.6817.4313.72
Gamma HHI0.210.150.560.150.20
Net GEX3.9M1.8M10.1M4.6M3.7M
Net DEX-210.4M-289.8M-111.0M-283.7M-166.6M
Net VEX-508.0K-552.8K-461.8K-541.9K-495.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.940.092.621.030.40
Total Volume39,757.55,250166,72021,8707,250
Total OI2,669,429.52,062,2903,073,9703,000,1602,384,820

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2013-11-01$2.32$2.0025.0%9.8%27.8%13.2%0.0%1.1%3.1%4.6M-283.7M-541.9K1.0317.43N/AN/A10,75011,1201,795,7801,204,380
2013-11-04$2.32$2.0025.0%9.4%27.5%13.2%34.0%2.1%0.7%4.5M-282.2M-524.0K1.7215.33N/AN/A17,13029,4401,800,7301,209,460
2013-11-05$2.27$2.0023.7%9.6%28.1%10.0%0.0%2.2%0.7%4.7M-260.1M-540.4K1.6217.68N/AN/A4,6807,5601,802,8901,229,210
2013-11-06$2.27$2.0024.7%9.4%27.6%12.4%0.0%3.5%-0.0%4.8M-250.5M-552.8K1.5811.65N/AN/A4,6407,3401,799,5101,229,390
2013-11-07$2.22$2.0025.2%9.4%28.3%13.7%31.2%3.1%0.2%5.1M-227.7M-551.9K2.3610.65N/AN/A5,78013,6201,800,0901,234,840
2013-11-08$2.26$2.0022.9%9.2%28.9%8.0%0.0%2.6%0.9%5.1M-248.6M-536.4K0.2212.59N/AN/A9,1001,9701,799,9501,243,560
2013-11-11$2.28$2.0028.4%9.5%28.6%21.4%0.0%3.4%-0.2%4.7M-259.7M-523.0K1.708.32N/AN/A6,51011,0801,800,5701,244,260
2013-11-12$2.29$2.0024.1%9.4%28.6%10.9%0.0%3.0%0.7%4.5M-263.8M-516.9K0.589.06N/AN/A40,49023,4601,802,0801,254,200
2013-11-13$2.32$2.0021.3%9.2%28.5%4.0%0.0%3.0%0.1%3.6M-287.8M-487.8K0.1211.75N/AN/A23,5502,7301,821,1101,252,860
2013-11-14$2.33$2.0025.3%9.4%28.2%14.0%0.0%2.5%0.2%3.4M-289.8M-481.8K0.1710.27N/AN/A23,4403,9801,809,9101,236,840
2013-11-15$2.30$2.0025.1%9.4%28.7%13.3%0.0%3.9%0.3%10.1M-275.3M-461.8K0.258.51N/AN/A29,8407,5901,803,0001,239,650
2013-11-18$2.28$2.0024.2%9.3%28.7%11.2%0.0%3.2%1.2%2.2M-139.2M-491.0K0.248.15N/AN/A19,8804,6801,147,740914,550
2013-11-19$2.26$2.0024.9%9.3%28.9%13.0%33.4%2.4%0.9%2.2M-134.8M-471.5K2.629.84N/AN/A11,42029,9301,158,200914,910
2013-11-20$2.21$2.0024.3%9.1%30.2%11.5%0.0%3.7%0.4%1.8M-111.0M-473.5K2.1314.48N/AN/A14,75031,4501,160,000937,150
2013-11-21$2.23$2.0023.7%9.1%30.4%10.0%0.0%2.7%-0.4%1.9M-122.2M-465.4K1.0311.16N/AN/A74,21076,4201,169,060949,680
2013-11-22$2.26$2.0022.7%9.0%30.7%7.4%0.0%1.0%0.4%2.0M-138.5M-500.0K0.3910.17N/AN/A13,4605,2001,225,5501,015,140
2013-11-25$2.25$2.0027.7%9.2%28.8%19.9%37.5%1.9%-0.9%2.1M-133.1M-503.2K0.0910.60N/AN/A153,42013,3001,226,8301,015,850
2013-11-26$2.30$2.0025.9%9.1%20.6%15.4%33.2%1.8%0.6%3.7M-165.0M-527.5K0.3611.01N/AN/A28,53010,2001,347,8801,022,960
2013-11-27$2.30$2.0024.9%9.3%20.6%12.8%34.7%1.4%1.7%3.7M-168.7M-513.7K0.1913.67N/AN/A4,4008501,361,3601,022,640
2013-11-29$2.29$2.0024.8%9.1%20.6%12.6%27.1%2.6%1.5%3.7M-166.6M-495.2K0.4013.72N/AN/A5,1902,0601,361,8201,023,000