HUN Options History — May 2014

In May 2014, HUN traded between $2.50 and $2.69. ATM implied volatility averaged 22.5%, placing in the 23.2% IV rank vs the trailing year. The 30-day expected move averaged 8.2%. IV traded above realized volatility by 1.5% (HV 20d: 21.0%). 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 20 of 21 days. Put/call ratio averaged 0.41.

Notable Days

  • 2014-05-06: Highest Volume — 720,000 contracts
  • 2014-05-15: Largest IV spike — 71.4% change
  • 2014-05-07: Highest IV Rank — 31.5%
  • 2014-05-13: Largest Expected Move — 8.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.58$2.50$2.69$2.51$2.67
Max Pain$2.00$2.00$2.00$2.00$2.00
ATM IV22.5%13.7%26.3%23.8%20.8%
Expected Move8.2%7.9%8.5%8.4%8.0%
HV 20d21.0%17.8%24.6%24.6%22.5%
HV 60d22.2%21.5%23.3%21.9%23.3%
IV Rank23.2%0.0%31.5%24.4%20.8%
IV Percentile7.8%0.0%30.6%7.5%2.0%
Term Structure1.5%-0.6%3.3%0.4%1.0%
VWIV29.2%26.5%31.2%28.2%29.9%
Skew 25d4.2%0.4%6.4%2.6%4.5%
Skew 10d11.3%1.5%16.3%15.1%13.5%
Call IV 25d21.4%17.9%23.4%22.3%20.0%
Put IV 25d25.6%22.4%28.8%25.0%24.6%
Bid-Ask Spread %28.1425.6330.6828.1126.57
Gamma HHI0.210.160.280.200.21
Net GEX4.2M2.7M5.1M2.7M5.0M
Net DEX-182.7M-246.7M-118.7M-179.3M-160.9M
Net VEX-518.3K-647.4K-300.7K-316.4K-516.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.410.041.230.040.86
Total Volume89,261.9053,400720,00035,3704,130
Total OI2,104,488.0951,617,1002,743,4001,975,2901,689,160

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-05-01$2.51$2.0023.8%8.4%24.6%24.4%0.0%2.6%0.4%2.7M-179.3M-316.4K0.0428.11N/AN/A34,1201,2501,080,360894,930
2014-05-02$2.54$2.0024.0%8.4%24.5%25.0%28.2%3.9%1.3%2.7M-193.2M-313.6K0.4325.95N/AN/A3,1701,3601,111,650895,590
2014-05-05$2.54$2.0025.8%8.4%24.5%30.3%0.0%6.1%1.4%3.0M-194.3M-300.7K0.4130.21N/AN/A224,52091,8001,113,260895,660
2014-05-06$2.52$2.0024.9%8.3%22.9%27.4%0.0%4.4%1.5%3.2M-194.1M-379.3K0.4128.04N/AN/A508,840211,1601,190,000982,570
2014-05-07$2.55$2.0026.3%8.4%23.3%31.5%29.2%6.4%2.2%4.3M-228.6M-556.3K0.3026.52N/AN/A6,7502,0201,411,6501,190,330
2014-05-08$2.52$2.0024.1%8.4%21.5%25.3%0.0%3.5%2.1%4.5M-219.6M-542.5K0.3129.76N/AN/A4,6501,4601,407,7301,191,780
2014-05-09$2.52$2.0022.3%8.3%18.5%19.9%29.0%5.0%2.2%3.9M-222.6M-538.3K0.6727.28N/AN/A3,2102,1501,406,9601,191,010
2014-05-12$2.58$2.0023.8%8.4%17.8%24.4%0.0%5.8%1.9%4.3M-246.7M-515.8K0.1027.13N/AN/A23,9002,4601,406,4901,191,660
2014-05-13$2.55$2.0018.2%8.5%18.6%7.9%0.0%0.4%3.2%4.7M-241.7M-508.7K0.1430.20N/AN/A9,9001,4101,409,1701,193,390
2014-05-14$2.55$2.0013.7%8.3%18.6%0.0%0.0%2.8%1.5%4.2M-237.2M-500.3K0.3327.84N/AN/A400,100133,9101,409,1601,194,180
2014-05-15$2.50$2.0023.5%8.3%17.9%27.1%0.0%4.1%3.3%5.1M-191.8M-647.4K0.1927.52N/AN/A11,6002,1601,415,5801,321,580
2014-05-16$2.52$2.0023.8%8.3%18.0%27.8%31.1%5.1%2.8%5.1M-200.5M-641.7K0.8329.17N/AN/A25,92021,5401,421,9401,321,460
2014-05-19$2.58$2.0022.9%8.4%20.0%25.5%30.0%4.5%1.3%3.9M-118.9M-621.9K0.0430.68N/AN/A31,2101,390961,930655,170
2014-05-20$2.56$2.0023.0%8.3%20.1%27.2%26.5%2.3%0.4%4.2M-118.7M-607.0K1.2325.63N/AN/A8,25010,110983,300656,080
2014-05-21$2.61$2.0021.8%7.9%20.4%23.7%26.6%4.8%1.2%4.2M-131.8M-605.2K0.5828.14N/AN/A4,6802,710986,360663,280
2014-05-22$2.62$2.0021.7%8.2%20.4%23.3%0.0%4.6%1.0%4.3M-137.1M-581.8K0.2726.90N/AN/A4,3501,190988,830664,560
2014-05-23$2.69$2.0021.2%8.1%21.2%21.9%0.0%3.4%0.9%4.4M-160.5M-550.5K0.3629.00N/AN/A38,73014,010990,700665,020
2014-05-27$2.65$2.0022.9%7.9%22.4%26.9%0.0%4.0%0.5%4.6M-148.9M-553.1K0.2829.09N/AN/A9,9402,8101,000,570672,520
2014-05-28$2.65$2.0022.9%7.9%21.6%26.8%30.0%4.4%-0.6%4.6M-149.5M-547.8K0.1928.60N/AN/A2,8505501,009,040674,300
2014-05-29$2.69$2.0020.6%7.9%22.1%20.2%31.2%5.2%1.3%4.7M-161.7M-539.8K0.6528.52N/AN/A4,9803,2501,010,990674,350
2014-05-30$2.67$2.0020.8%8.0%22.5%20.8%29.9%4.5%1.0%5.0M-160.9M-516.9K0.8626.57N/AN/A2,2201,9101,012,780676,380