HUN Options History — January 2014

In January 2014, HUN traded between $2.17 and $2.39. ATM implied volatility averaged 28.5%, placing in the 25.5% IV rank vs the trailing year. The 30-day expected move averaged 8.9%. IV traded above realized volatility by 4.6% (HV 20d: 23.9%). Max pain ranged from $2.00 to $2.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 5 of 21 days. Put/call ratio averaged 0.88.

Notable Days

  • 2014-01-24: Highest Volume — 249,320 contracts
  • 2014-01-16: Largest IV spike — 94.2% change
  • 2014-01-31: Highest IV Rank — 45.6%
  • 2014-01-16: Largest Expected Move — 9.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.29$2.17$2.39$2.39$2.19
Max Pain$2.00$2.00$2.00$2.00$2.00
ATM IV28.5%15.4%36.0%24.9%36.0%
Expected Move8.9%8.4%9.3%8.8%9.1%
HV 20d23.9%16.0%27.5%20.7%26.2%
HV 60d23.7%22.4%25.6%23.0%22.8%
IV Rank25.5%0.0%45.6%12.8%45.6%
IV Percentile28.7%0.0%59.9%8.7%59.9%
Term Structure-0.8%-4.2%6.1%4.4%-4.2%
VWIV31.3%28.1%34.4%33.9%28.4%
Skew 25d3.1%1.6%4.6%1.6%3.9%
Skew 10d9.2%-8.1%24.3%12.0%8.1%
Call IV 25d30.3%24.9%35.8%25.4%35.1%
Put IV 25d33.4%27.1%38.9%27.1%38.9%
Bid-Ask Spread %21.3314.4845.6115.8828.52
Gamma HHI0.240.190.280.190.27
Net GEX3.7M2.7M4.9M4.2M3.5M
Net DEX-97.8M-141.2M-45.5M-139.7M-60.6M
Net VEX-405.2K-469.5K-353.7K-407.5K-440.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.880.044.980.342.75
Total Volume43,157.1433,060249,32010,9006,270
Total OI2,122,952.3811,696,1802,383,0402,272,7201,991,120

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-01-02$2.39$2.0024.9%8.8%20.7%12.8%33.9%1.6%4.4%4.2M-139.7M-407.5K0.3415.88N/AN/A8,1602,7401,071,8001,200,920
2014-01-03$2.37$2.0024.4%8.8%21.0%11.7%0.0%2.6%6.1%4.1M-131.5M-412.0K0.3516.53N/AN/A2,2707901,077,0001,202,800
2014-01-06$2.36$2.0024.9%8.8%20.9%12.8%0.0%2.5%0.7%4.2M-126.8M-400.9K4.9816.28N/AN/A5,78028,7901,074,7801,203,220
2014-01-07$2.35$2.0025.0%9.1%20.5%13.2%0.0%4.6%-0.5%4.0M-118.3M-425.5K0.5516.68N/AN/A4,7802,6501,076,3301,230,360
2014-01-08$2.39$2.0023.6%8.7%21.1%9.6%33.6%3.5%-0.3%4.8M-141.2M-395.3K0.0620.88N/AN/A11,7607301,077,9401,232,710
2014-01-09$2.39$2.0023.1%8.7%20.3%8.5%0.0%4.3%-0.6%4.7M-139.2M-389.9K0.0414.48N/AN/A18,0907001,078,9401,233,200
2014-01-10$2.37$2.0021.4%8.7%16.0%4.4%0.0%3.2%0.4%4.9M-133.5M-387.0K0.2316.75N/AN/A3,8508701,090,1601,233,900
2014-01-13$2.27$2.0027.2%8.9%22.5%18.5%31.4%4.3%-1.1%2.7M-83.6M-413.0K1.2819.65N/AN/A16,99021,7901,089,5901,233,940
2014-01-14$2.33$2.0024.4%9.2%24.5%11.8%29.3%3.8%-0.5%3.3M-108.8M-389.6K0.1918.23N/AN/A15,3402,8901,093,3501,241,520
2014-01-15$2.36$2.0015.4%8.4%24.6%0.0%34.4%3.8%-0.7%4.4M-124.6M-362.5K0.2516.61N/AN/A13,6703,4401,087,6401,239,250
2014-01-16$2.34$2.0030.0%9.3%24.5%32.3%0.0%2.4%-0.0%3.0M-120.3M-353.7K2.1722.93N/AN/A24,41052,9701,086,7801,241,540
2014-01-17$2.31$2.0028.9%9.0%24.7%29.9%28.4%4.6%0.8%2.7M-103.9M-377.6K0.7217.97N/AN/A24,01017,2201,101,0101,282,030
2014-01-21$2.28$2.0030.9%9.1%25.1%34.2%0.0%3.1%-2.0%3.1M-85.4M-375.9K1.1423.77N/AN/A11,00012,500859,560836,620
2014-01-22$2.23$2.0030.6%8.9%25.9%33.7%28.1%1.6%-0.5%3.4M-65.7M-373.8K0.3920.62N/AN/A15,4006,020861,340846,870
2014-01-23$2.25$2.0033.4%8.8%25.9%39.9%31.5%2.3%-1.0%3.1M-72.4M-384.0K0.0725.76N/AN/A213,33014,750864,700851,140
2014-01-24$2.18$2.0034.4%9.0%27.3%42.0%34.4%1.9%-2.9%3.1M-45.5M-398.1K0.7420.70N/AN/A143,290106,030903,500860,600
2014-01-27$2.17$2.0034.1%8.8%27.3%41.3%31.7%3.0%-3.4%3.2M-50.9M-469.5K0.3223.61N/AN/A42,09013,6001,003,430960,990
2014-01-28$2.20$2.0035.4%9.0%27.5%44.3%0.0%2.8%-4.1%3.4M-62.3M-456.7K0.6423.04N/AN/A6,3304,0401,024,350963,280
2014-01-29$2.20$2.0035.5%9.0%27.4%44.6%30.8%3.4%-4.1%3.5M-64.2M-456.1K1.1245.61N/AN/A8,6109,6701,019,670965,950
2014-01-30$2.22$2.0035.3%9.0%27.4%44.2%0.0%1.8%-3.8%3.8M-76.1M-440.4K0.1323.51N/AN/A7,6601,0201,021,100967,070
2014-01-31$2.19$2.0036.0%9.1%26.2%45.6%28.4%3.9%-4.2%3.5M-60.6M-440.9K2.7528.52N/AN/A1,6704,6001,023,300967,820