HUN Options History — December 2014

In December 2014, HUN traded between $21.35 and $25.40. ATM implied volatility averaged 33.2%, placing in the 64.9% IV rank vs the trailing year. The 30-day expected move averaged 10.4%. IV traded below realized volatility by 1.0% (HV 20d: 34.2%). Max pain ranged from $25.00 to $25.00. Net GEX was positive for 18 of 22 trading days. Term structure was in contango for 17 of 22 days. Put/call ratio averaged 0.97.

Notable Days

2014-12-12: Highest Volume — 43,877 contracts
2014-12-12: Largest IV spike — 15.7% change
2014-12-16: Highest IV Rank — 99.0%
2014-12-16: Largest Expected Move — 12.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$23.59	$21.35	$25.40	$25.21	$22.78
Max Pain	$25.00	$25.00	$25.00	$25.00	$25.00
ATM IV	33.2%	28.2%	43.5%	28.2%	30.8%
Expected Move	10.4%	8.7%	12.9%	8.7%	10.6%
HV 20d	34.2%	21.3%	43.4%	23.5%	43.0%
HV 60d	38.6%	34.8%	40.8%	37.3%	40.7%
IV Rank	64.9%	48.1%	99.0%	48.1%	56.8%
IV Percentile	84.2%	72.2%	99.2%	72.2%	77.0%
Term Structure	2.8%	-3.3%	7.3%	-0.6%	6.2%
VWIV	36.1%	27.7%	45.4%	27.7%	36.5%
Skew 25d	3.7%	-1.9%	9.4%	2.0%	-1.9%
Skew 10d	5.3%	-9.9%	15.5%	1.0%	-9.9%
Call IV 25d	31.8%	26.3%	44.4%	28.1%	31.9%
Put IV 25d	35.5%	28.6%	45.5%	30.1%	30.0%
Bid-Ask Spread %	39.05	33.07	51.17	42.07	33.98
Gamma HHI	0.23	0.18	0.27	0.26	0.22
Net GEX	1.5M	-641.1K	3.5M	2.7M	793.0K
Net DEX	19.3M	-41.3M	108.1M	-38.6M	42.5M
Net VEX	-762.8K	-898.9K	-620.0K	-898.9K	-628.0K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.97	0.11	3.49	3.49	1.05
Total Volume	12,030.864	454	43,877	7,000	657
Total OI	241,336.545	230,018	277,257	230,018	234,480

Daily Data (22 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2014-12-01	$25.21	$25.00	28.2%	8.7%	23.5%	48.1%	27.7%	2.0%	-0.6%	2.7M	-38.6M	-898.9K	3.49	42.07	N/A	N/A	1,559	5,441	126,572	103,446
2014-12-02	$24.97	$25.00	28.6%	8.8%	23.1%	49.6%	29.8%	4.0%	-0.8%	2.5M	-30.6M	-894.2K	1.84	36.80	N/A	N/A	4,263	7,843	126,584	103,916
2014-12-03	$25.09	$25.00	30.1%	8.8%	22.8%	54.3%	27.8%	-0.9%	-3.3%	2.5M	-30.8M	-889.5K	3.42	38.75	N/A	N/A	2,181	7,461	126,283	105,677
2014-12-04	$24.96	$25.00	28.4%	8.8%	21.9%	49.0%	0.0%	4.0%	-2.1%	2.2M	-15.0M	-868.8K	0.20	34.00	N/A	N/A	378	76	126,614	105,984
2014-12-05	$25.40	$25.00	28.8%	9.1%	21.3%	50.3%	30.6%	3.2%	3.7%	3.2M	-33.4M	-873.9K	0.63	33.07	N/A	N/A	7,996	5,040	126,472	105,992
2014-12-08	$25.11	$25.00	30.3%	9.0%	21.3%	55.3%	31.5%	3.0%	3.1%	2.9M	-33.8M	-886.7K	1.11	35.35	N/A	N/A	4,491	4,989	132,419	105,995
2014-12-09	$25.39	$25.00	30.2%	9.2%	21.4%	54.9%	31.6%	5.1%	2.9%	3.5M	-41.3M	-879.3K	1.01	34.56	N/A	N/A	5,030	5,102	134,776	106,107
2014-12-10	$24.77	$25.00	34.2%	9.6%	23.0%	68.0%	33.2%	3.2%	2.2%	2.3M	-20.2M	-869.9K	0.75	37.21	N/A	N/A	8,269	6,207	135,156	106,200
2014-12-11	$22.97	$25.00	33.7%	10.3%	35.0%	66.5%	34.2%	2.5%	3.4%	-61.6K	62.9M	-731.3K	0.70	39.68	N/A	N/A	9,616	6,733	138,373	105,881
2014-12-12	$21.59	$25.00	39.0%	11.5%	40.0%	84.2%	39.2%	5.3%	1.6%	-641.1K	101.8M	-620.0K	0.26	42.57	N/A	N/A	34,807	9,070	144,067	106,301
2014-12-15	$21.35	$25.00	42.5%	12.1%	38.5%	95.8%	41.1%	4.5%	-0.4%	-470.3K	108.1M	-636.4K	0.18	35.32	N/A	N/A	34,572	6,222	162,182	110,090
2014-12-16	$21.40	$25.00	43.5%	12.9%	38.6%	99.0%	45.4%	1.1%	1.7%	-69.7K	83.6M	-713.3K	0.11	39.62	N/A	N/A	18,131	2,019	165,343	108,508
2014-12-17	$22.24	$25.00	42.2%	12.5%	40.7%	94.6%	42.4%	4.8%	1.2%	245.5K	71.3M	-767.7K	0.13	42.18	N/A	N/A	14,237	1,894	168,723	108,534
2014-12-18	$22.66	$25.00	38.2%	12.2%	41.8%	81.5%	42.2%	5.0%	4.1%	791.9K	38.5M	-725.4K	0.18	43.24	N/A	N/A	11,112	1,957	149,481	93,810
2014-12-19	$22.82	$25.00	34.8%	11.3%	41.6%	70.1%	39.5%	6.2%	3.9%	912.3K	37.5M	-705.4K	0.78	34.86	N/A	N/A	1,606	1,260	150,059	93,877
2014-12-22	$22.90	$25.00	32.5%	10.9%	41.1%	62.6%	38.7%	9.4%	5.7%	649.8K	41.9M	-672.7K	1.40	40.06	N/A	N/A	2,572	3,595	139,271	90,973
2014-12-23	$23.53	$25.00	30.7%	10.2%	42.9%	56.4%	38.6%	5.2%	6.5%	1.4M	20.7M	-714.3K	1.25	49.13	N/A	N/A	2,933	3,655	139,831	91,582
2014-12-24	$23.39	$25.00	30.6%	10.7%	42.9%	56.1%	38.7%	4.4%	7.3%	1.6M	15.0M	-722.4K	0.97	51.17	N/A	N/A	3,555	3,447	139,431	91,678
2014-12-26	$23.68	$25.00	31.6%	10.4%	43.4%	59.4%	39.2%	6.2%	4.5%	1.8M	7.9M	-720.7K	0.65	34.88	N/A	N/A	3,894	2,549	141,054	91,718
2014-12-29	$23.48	$25.00	31.6%	10.8%	42.6%	59.5%	36.1%	2.2%	5.5%	1.7M	13.8M	-696.3K	0.66	40.91	N/A	N/A	3,723	2,461	141,134	91,700
2014-12-30	$23.32	$25.00	30.8%	10.3%	42.5%	56.8%	34.9%	4.0%	5.2%	1.4M	22.8M	-666.4K	0.62	39.66	N/A	N/A	1,280	796	141,395	91,735
2014-12-31	$22.78	$25.00	30.8%	10.6%	43.0%	56.8%	36.5%	-1.9%	6.2%	793.0K	42.5M	-628.0K	1.05	33.98	N/A	N/A	320	337	142,454	92,026