HUN Options History — March 2014

In March 2014, HUN traded between $2.30 and $2.46. ATM implied volatility averaged 26.6%, placing in the 24.7% IV rank vs the trailing year. The 30-day expected move averaged 8.5%. IV traded above realized volatility by 8.1% (HV 20d: 18.4%). 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 17 of 21 days. Put/call ratio averaged 0.41.

Notable Days

  • 2014-03-11: Highest Volume — 434,490 contracts
  • 2014-03-05: Largest IV spike — 25.9% change
  • 2014-03-05: Highest IV Rank — 40.0%
  • 2014-03-14: Largest Expected Move — 8.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.38$2.30$2.46$2.42$2.44
Max Pain$2.00$2.00$2.00$2.00$2.00
ATM IV26.6%24.2%33.4%28.5%24.8%
Expected Move8.5%8.3%8.9%8.6%8.3%
HV 20d18.4%15.6%22.5%20.6%22.5%
HV 60d22.9%22.0%23.8%23.1%23.6%
IV Rank24.7%19.4%40.0%28.9%20.8%
IV Percentile22.7%7.5%52.4%34.9%12.7%
Term Structure2.7%-5.3%5.1%-1.0%4.5%
VWIV29.8%26.9%33.3%28.0%28.4%
Skew 25d3.2%0.5%6.0%6.0%4.3%
Skew 10d8.8%0.2%14.6%12.2%3.1%
Call IV 25d25.9%22.5%33.5%27.5%22.5%
Put IV 25d29.1%25.7%35.3%33.5%26.9%
Bid-Ask Spread %22.2912.7228.1119.2924.15
Gamma HHI0.210.160.320.170.20
Net GEX4.0M2.1M7.9M3.0M4.0M
Net DEX-123.6M-174.3M-79.6M-140.1M-145.6M
Net VEX-556.3K-648.8K-492.8K-539.7K-492.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.410.031.800.410.34
Total Volume62,053.813,030434,49020,83010,840
Total OI2,137,813.811,862,2302,405,5101,943,0201,884,340

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-03-03$2.42$2.0028.5%8.6%20.6%28.9%28.0%6.0%-1.0%3.0M-140.1M-539.7K0.4119.29N/AN/A14,7506,0801,059,120883,900
2014-03-04$2.43$2.0026.6%8.5%16.1%24.7%32.1%5.1%-1.4%3.3M-151.2M-518.3K0.4416.98N/AN/A8,5503,7601,069,820885,710
2014-03-05$2.43$2.0033.4%8.5%16.2%40.0%0.0%1.8%-5.3%3.0M-148.2M-525.0K0.1614.30N/AN/A273,96043,7801,070,040887,170
2014-03-06$2.46$2.0027.2%8.6%15.6%26.2%31.9%3.1%-1.8%5.1M-174.3M-539.5K0.2524.25N/AN/A153,20038,6101,217,000921,060
2014-03-07$2.44$2.0027.3%8.4%16.0%26.4%0.0%3.0%4.1%4.5M-159.5M-540.0K0.2617.11N/AN/A25,4306,6301,204,960944,550
2014-03-10$2.42$2.0027.3%8.4%16.6%26.3%29.3%2.8%2.6%4.4M-145.3M-521.3K0.1812.72N/AN/A49,7408,9701,227,930947,850
2014-03-11$2.37$2.0027.9%8.5%18.6%27.6%30.1%2.9%3.8%4.1M-127.8M-544.2K0.3721.40N/AN/A317,880116,6101,286,520953,230
2014-03-12$2.37$2.0027.4%8.3%17.3%26.5%0.0%4.5%2.2%3.4M-105.1M-648.8K0.1122.20N/AN/A9,5201,0601,339,3101,059,390
2014-03-13$2.31$2.0028.0%8.8%19.2%27.9%0.0%2.7%3.9%2.1M-79.6M-647.5K1.8022.23N/AN/A8,49015,2701,344,6501,059,450
2014-03-14$2.33$2.0028.1%8.9%18.9%28.1%33.3%4.0%3.0%2.3M-84.8M-639.2K0.5723.80N/AN/A4,9102,7901,345,2601,060,250
2014-03-17$2.33$2.0027.3%8.8%17.1%26.4%0.0%2.7%3.8%2.2M-89.7M-601.7K1.1823.38N/AN/A3,4104,0301,346,0601,044,670
2014-03-18$2.37$2.0025.2%8.3%17.8%21.6%0.0%2.8%3.5%3.4M-107.4M-597.4K0.1524.96N/AN/A3,5705501,346,1701,044,770
2014-03-19$2.39$2.0025.5%8.4%17.7%22.4%28.6%4.1%4.2%6.7M-126.3M-573.0K0.0725.05N/AN/A41,1002,7601,346,1901,044,930
2014-03-20$2.42$2.0024.8%8.3%17.9%20.7%26.9%3.8%4.1%7.9M-148.6M-564.9K0.2123.35N/AN/A12,1302,5401,316,5701,042,540
2014-03-21$2.38$2.0024.9%8.5%19.2%21.0%0.0%2.4%4.2%6.4M-113.9M-544.3K0.2425.27N/AN/A22,4305,4101,304,5401,042,580
2014-03-24$2.34$2.0025.8%8.6%19.9%23.1%30.8%2.3%4.1%3.3M-107.3M-547.2K0.7026.54N/AN/A12,3108,6401,056,210806,020
2014-03-25$2.33$2.0025.1%8.6%19.3%21.4%28.7%2.7%5.1%3.3M-105.1M-537.8K0.0322.18N/AN/A12,6103201,063,760808,130
2014-03-26$2.30$2.0024.4%8.6%19.5%19.8%0.0%2.2%4.6%3.3M-95.8M-531.1K0.6422.70N/AN/A1,8501,1801,066,860804,930
2014-03-27$2.36$2.0024.2%8.3%20.4%19.4%28.4%3.5%4.7%3.5M-111.4M-518.2K0.2528.06N/AN/A31,4607,8101,067,590806,110
2014-03-28$2.38$2.0024.4%8.5%20.8%19.9%0.0%0.5%4.5%3.8M-128.0M-509.8K0.3228.11N/AN/A6,1902,0001,081,080802,870
2014-03-31$2.44$2.0024.8%8.3%22.5%20.8%0.0%4.3%4.5%4.0M-145.6M-492.8K0.3424.15N/AN/A8,0602,7801,081,330803,010