HUN Options History — February 2014

In February 2014, HUN traded between $2.12 and $2.45. ATM implied volatility averaged 30.5%, placing in the 33.5% IV rank vs the trailing year. The 30-day expected move averaged 8.8%. IV traded above realized volatility by 5.8% (HV 20d: 24.7%). Max pain ranged from $2.00 to $2.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 9 of 19 days. Put/call ratio averaged 0.66.

Notable Days

  • 2014-02-13: Highest Volume — 1,046,500 contracts
  • 2014-02-11: Largest IV drop — 49.1% change
  • 2014-02-10: Highest IV Rank — 62.6%
  • 2014-02-03: Largest Expected Move — 9.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.29$2.12$2.45$2.13$2.44
Max Pain$2.00$2.00$2.00$2.00$2.00
ATM IV30.5%22.2%43.6%39.8%26.6%
Expected Move8.8%8.3%9.1%9.1%8.4%
HV 20d24.7%20.3%28.9%27.7%21.2%
HV 60d23.2%22.8%23.7%23.2%23.1%
IV Rank33.5%15.0%62.6%54.1%24.9%
IV Percentile37.8%2.0%88.9%77.8%23.0%
Term Structure-1.0%-6.0%3.5%-5.8%-1.3%
VWIV32.3%27.8%36.6%36.6%27.9%
Skew 25d3.1%0.8%5.3%1.8%4.4%
Skew 10d10.7%-1.3%18.6%2.1%12.5%
Call IV 25d29.1%23.1%40.6%39.6%25.3%
Put IV 25d32.2%26.6%43.4%41.4%29.7%
Bid-Ask Spread %20.6013.1934.7124.0118.34
Gamma HHI0.250.180.340.270.18
Net GEX5.0M3.0M7.8M3.1M3.7M
Net DEX-129.2M-223.1M-26.0M-31.4M-152.1M
Net VEX-458.8K-577.2K-341.1K-420.6K-517.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.660.075.930.885.93
Total Volume157,382.10511,2001,046,50017,57068,720
Total OI2,246,168.4211,757,7203,118,9901,993,5701,884,640

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-02-03$2.13$2.0039.8%9.1%27.7%54.1%0.0%1.8%-5.8%3.1M-31.4M-420.6K0.8824.01N/AN/A9,3708,2001,022,530971,040
2014-02-04$2.13$2.0039.9%9.0%27.8%54.3%36.6%5.3%-6.0%3.3M-33.0M-411.4K0.1424.61N/AN/A9,8501,3501,023,350975,910
2014-02-05$2.12$2.0039.5%9.0%27.8%53.4%33.7%2.7%-5.7%3.0M-26.0M-410.2K1.1025.94N/AN/A11,56012,7501,027,960977,150
2014-02-06$2.16$2.0038.0%9.0%27.6%50.0%0.0%4.0%-5.3%3.8M-43.3M-399.4K0.1918.08N/AN/A31,8406,0701,029,670983,920
2014-02-07$2.19$2.0040.7%9.0%28.6%56.2%31.6%4.5%-2.4%3.6M-60.0M-428.8K0.1316.80N/AN/A138,81018,5901,052,630989,670
2014-02-10$2.21$2.0043.6%9.0%28.9%62.6%35.5%3.6%-3.2%4.7M-82.8M-416.3K0.4717.69N/AN/A122,25057,3601,121,360993,360
2014-02-11$2.26$2.0022.2%8.8%26.1%15.0%33.7%2.8%3.5%6.7M-129.0M-341.1K0.1034.71N/AN/A205,16019,8201,170,1201,020,740
2014-02-12$2.25$2.0024.0%8.9%24.3%19.0%32.4%3.7%1.9%7.8M-121.1M-358.4K0.3915.05N/AN/A38,40014,8701,225,9001,034,520
2014-02-13$2.27$2.0028.3%9.0%24.2%28.7%31.1%2.7%0.9%6.2M-138.0M-351.3K0.3725.46N/AN/A763,610282,8901,219,8601,048,460
2014-02-14$2.33$2.0026.6%8.9%25.7%24.9%32.3%0.8%1.6%7.7M-197.1M-509.1K0.1329.97N/AN/A74,0909,4501,518,9201,325,610
2014-02-18$2.35$2.0027.8%8.9%25.3%27.4%0.0%3.0%1.1%6.8M-218.8M-462.9K0.0714.83N/AN/A23,8201,7401,531,9901,330,000
2014-02-19$2.32$2.0027.8%8.8%25.1%27.4%0.0%1.7%1.1%7.4M-202.5M-459.4K0.4819.29N/AN/A505,140241,0401,527,4501,330,470
2014-02-20$2.35$2.0027.5%8.8%23.9%26.9%0.0%2.0%1.2%5.5M-222.6M-561.4K0.1120.18N/AN/A24,8802,7401,618,3501,484,490
2014-02-21$2.34$2.0026.2%8.9%23.9%23.9%0.0%3.5%2.2%5.0M-223.1M-577.2K0.1314.92N/AN/A37,0704,8001,634,9901,484,000
2014-02-24$2.35$2.0025.1%8.5%20.4%21.5%27.8%2.3%0.1%4.0M-126.1M-540.4K0.0913.19N/AN/A32,7102,9301,000,070757,650
2014-02-25$2.38$2.0025.6%8.5%20.4%22.5%32.5%2.8%-1.0%4.2M-137.9M-524.8K0.2021.63N/AN/A33,8806,6401,015,300759,480
2014-02-26$2.40$2.0025.4%8.3%20.3%22.0%0.0%3.5%-0.7%4.3M-146.1M-527.9K0.0715.54N/AN/A24,5001,6701,027,320763,480
2014-02-27$2.45$2.0025.6%8.4%20.9%22.5%27.9%3.8%-0.3%4.2M-162.9M-500.6K1.5021.17N/AN/A56,79084,9001,031,270763,570
2014-02-28$2.44$2.0026.6%8.4%21.2%24.9%0.0%4.4%-1.3%3.7M-152.1M-517.1K5.9318.34N/AN/A9,91058,8101,052,560832,080