HUN Options History — December 2015

In December 2015, HUN traded between $9.84 and $11.50. ATM implied volatility averaged 58.3%, placing in the 69.5% IV rank vs the trailing year. The 30-day expected move averaged 16.5%. IV traded above realized volatility by 2.8% (HV 20d: 55.5%). Max pain ranged from $12.00 to $13.00. Net GEX was positive for 6 of 22 trading days. Term structure was in contango for 16 of 22 days. Put/call ratio averaged 1.63.

Notable Days

2015-12-16: Highest Volume — 75,056 contracts
2015-12-11: Largest IV spike — 18.6% change
2015-12-14: Highest IV Rank — 87.0%
2015-12-14: Largest Expected Move — 19.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$10.86	$9.84	$11.50	$11.50	$11.43
Max Pain	$12.36	$12.00	$13.00	$12.00	$12.00
ATM IV	58.3%	53.2%	68.1%	57.4%	53.2%
Expected Move	16.5%	14.7%	19.5%	16.5%	15.3%
HV 20d	55.5%	48.2%	63.3%	48.5%	54.5%
HV 60d	80.2%	56.7%	92.7%	88.9%	56.7%
IV Rank	69.5%	60.4%	87.0%	68.0%	60.4%
IV Percentile	89.9%	79.4%	98.4%	91.7%	79.4%
Term Structure	0.8%	-3.8%	4.2%	-3.8%	4.2%
VWIV	54.6%	44.4%	68.1%	52.9%	50.6%
Skew 25d	9.7%	6.5%	15.2%	9.7%	6.5%
Skew 10d	18.9%	-4.6%	42.0%	-1.6%	7.1%
Call IV 25d	53.1%	48.0%	63.4%	51.9%	49.8%
Put IV 25d	62.8%	56.1%	72.3%	61.6%	56.3%
Bid-Ask Spread %	16.10	12.26	26.55	26.05	12.84
Gamma HHI	0.43	0.33	0.58	0.37	0.39
Net GEX	-517.7K	-1.9M	486.9K	-285.4K	333.3K
Net DEX	32.4M	2.7M	67.1M	20.6M	5.9M
Net VEX	-180.8K	-255.1K	-139.2K	-255.1K	-142.1K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.63	0.21	10.39	3.56	0.25
Total Volume	9,410.636	1,967	75,056	6,690	8,286
Total OI	225,064.773	202,679	257,500	230,739	203,519

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
2015-12-01	$11.50	$12.00	57.4%	16.5%	48.5%	68.0%	52.9%	9.7%	-3.8%	-285.4K	20.6M	-255.1K	3.56	26.05	N/A	N/A	1,466	5,224	144,730	86,009
2015-12-02	$11.19	$12.00	55.2%	15.8%	48.3%	63.9%	57.1%	11.6%	-3.0%	-692.7K	30.8M	-238.2K	1.41	15.70	N/A	N/A	2,298	3,246	145,407	87,646
2015-12-03	$11.12	$13.00	55.9%	15.2%	48.2%	65.2%	47.3%	9.3%	1.0%	-748.8K	32.8M	-230.4K	1.51	16.07	N/A	N/A	1,811	2,728	145,767	88,405
2015-12-04	$11.04	$13.00	53.6%	14.7%	48.2%	61.1%	44.4%	8.1%	2.9%	-957.8K	36.2M	-219.1K	1.33	12.26	N/A	N/A	1,880	2,495	145,874	88,372
2015-12-07	$10.66	$13.00	59.7%	15.3%	48.6%	71.9%	56.0%	11.0%	1.7%	-1.2M	48.2M	-184.4K	1.72	15.66	N/A	N/A	723	1,244	145,975	88,410
2015-12-08	$10.56	$13.00	60.3%	15.6%	48.6%	73.1%	47.0%	9.0%	1.8%	-1.2M	50.5M	-179.1K	0.99	14.27	N/A	N/A	1,693	1,673	146,245	88,821
2015-12-09	$11.27	$13.00	54.9%	15.7%	55.6%	63.5%	50.6%	8.3%	3.2%	-987.6K	27.0M	-222.4K	1.84	15.76	N/A	N/A	1,807	3,317	146,504	89,134
2015-12-10	$10.91	$13.00	54.6%	15.7%	56.1%	63.0%	54.0%	8.2%	1.6%	-1.4M	41.9M	-196.9K	2.49	15.98	N/A	N/A	1,402	3,492	146,750	90,330
2015-12-11	$10.40	$13.00	64.8%	18.6%	53.2%	81.1%	58.8%	12.2%	-1.4%	-1.9M	56.2M	-167.5K	0.96	15.58	N/A	N/A	2,336	2,241	146,901	90,307
2015-12-14	$9.89	$13.00	68.1%	19.5%	54.7%	87.0%	68.1%	9.7%	-2.8%	-769.2K	58.9M	-140.7K	4.22	16.59	N/A	N/A	1,678	7,073	147,596	88,164
2015-12-15	$9.95	$12.00	64.7%	18.5%	53.0%	81.0%	53.4%	8.9%	1.3%	-865.0K	59.3M	-140.6K	1.40	16.40	N/A	N/A	1,742	2,446	148,007	88,983
2015-12-16	$10.34	$12.00	65.9%	18.9%	55.4%	83.1%	65.5%	10.2%	-3.7%	-523.6K	61.0M	-139.2K	10.39	26.55	N/A	N/A	6,590	68,466	148,478	87,511
2015-12-17	$9.84	$12.00	60.4%	17.3%	55.8%	73.3%	58.5%	8.7%	0.3%	-781.9K	67.1M	-164.5K	0.37	16.09	N/A	N/A	6,215	2,305	147,681	109,819
2015-12-18	$10.47	$12.00	61.8%	17.7%	61.4%	75.9%	59.5%	15.2%	-1.0%	-383.7K	46.0M	-176.7K	0.35	14.61	N/A	N/A	9,011	3,119	145,867	95,957
2015-12-21	$10.73	$12.00	57.5%	16.5%	62.4%	68.1%	58.1%	11.8%	2.7%	-302.9K	19.5M	-173.2K	0.36	13.44	N/A	N/A	6,469	2,305	132,150	70,529
2015-12-22	$11.00	$12.00	54.5%	15.6%	63.3%	62.7%	47.8%	9.3%	3.0%	-47.3K	14.1M	-177.6K	0.47	20.08	N/A	N/A	4,650	2,178	132,818	70,744
2015-12-23	$11.40	$12.00	56.3%	16.1%	62.4%	65.9%	53.6%	11.6%	1.3%	356.4K	7.4M	-180.6K	0.30	14.81	N/A	N/A	5,916	1,755	132,798	70,771
2015-12-24	$11.41	$12.00	56.7%	16.3%	62.4%	66.7%	53.3%	9.6%	2.2%	486.9K	2.7M	-184.6K	1.23	13.02	N/A	N/A	1,276	1,575	134,237	70,818
2015-12-28	$11.23	$12.00	56.4%	16.2%	62.5%	66.1%	58.6%	8.7%	1.5%	133.8K	10.1M	-164.2K	0.28	16.35	N/A	N/A	5,593	1,559	134,460	70,992
2015-12-29	$11.33	$12.00	56.9%	16.3%	62.7%	67.0%	54.5%	9.6%	2.0%	218.4K	8.9M	-154.0K	0.27	13.78	N/A	N/A	6,134	1,650	132,924	71,030
2015-12-30	$11.27	$12.00	53.9%	15.4%	55.1%	61.6%	52.6%	6.6%	1.7%	133.6K	7.8M	-145.5K	0.21	12.30	N/A	N/A	6,573	1,394	133,046	70,939
2015-12-31	$11.43	$12.00	53.2%	15.3%	54.5%	60.4%	50.6%	6.5%	4.2%	333.3K	5.9M	-142.1K	0.25	12.84	N/A	N/A	6,629	1,657	132,539	70,980