HUN Options History — May 2016

In May 2016, HUN traded between $13.89 and $15.72. ATM implied volatility averaged 44.2%, placing in the 26.8% IV rank vs the trailing year. The 30-day expected move averaged 12.6%. IV traded above realized volatility by 7.7% (HV 20d: 36.5%). Max pain ranged from $13.00 to $14.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 0.42.

Notable Days

  • 2016-05-04: Highest Volume — 11,513 contracts
  • 2016-05-09: Largest IV spike — 15.4% change
  • 2016-05-10: Highest IV Rank — 33.6%
  • 2016-05-17: Largest Expected Move — 14.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$14.53$13.89$15.72$15.72$14.96
Max Pain$13.86$13.00$14.00$13.00$14.00
ATM IV44.2%38.1%50.5%44.4%39.3%
Expected Move12.6%10.9%14.0%12.7%11.3%
HV 20d36.5%27.6%40.2%27.6%38.5%
HV 60d46.9%42.1%51.3%51.3%42.1%
IV Rank26.8%20.1%33.6%27.0%21.5%
IV Percentile34.1%21.8%48.4%36.1%24.6%
Term Structure0.5%-2.4%4.1%-0.3%-0.0%
VWIV44.6%37.0%49.7%44.3%40.9%
Skew 25d5.5%0.3%8.9%3.8%5.6%
Skew 10d12.4%-12.7%31.1%2.9%1.9%
Call IV 25d41.9%35.1%46.4%43.4%37.9%
Put IV 25d47.4%38.1%52.0%47.2%43.5%
Bid-Ask Spread %40.2117.04107.0717.7119.41
Gamma HHI0.210.120.380.220.16
Net GEX1.4M701.4K1.9M1.5M1.1M
Net DEX-54.1M-84.0M-29.7M-84.0M-36.2M
Net VEX-200.1K-222.7K-181.9K-212.8K-189.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.420.141.080.290.39
Total Volume7,106.0483,55611,5138,7623,556
Total OI117,493.71474,940138,961125,11680,238

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2016-05-02$15.72$13.0044.4%12.7%27.6%27.0%44.3%3.8%-0.3%1.5M-84.0M-212.8K0.2917.71N/AN/A6,7881,97487,03538,081
2016-05-03$15.20$13.0045.6%13.1%31.5%28.3%48.0%0.9%0.4%1.5M-77.7M-222.2K0.1819.47N/AN/A6,7561,20189,52238,887
2016-05-04$14.69$13.0046.5%13.3%34.8%29.3%48.5%5.9%-0.2%1.5M-68.7M-218.8K0.1485.65N/AN/A10,1011,41289,76938,971
2016-05-05$14.55$14.0045.7%12.9%33.1%28.4%49.7%7.2%1.7%1.6M-63.9M-222.7K0.2123.06N/AN/A8,0231,69390,98039,206
2016-05-06$14.82$14.0043.6%12.9%32.8%26.1%47.3%7.2%0.6%1.6M-69.9M-220.1K0.2721.02N/AN/A6,0611,61491,01639,669
2016-05-09$13.97$14.0050.3%13.9%40.2%33.3%48.0%7.2%-0.8%1.4M-52.1M-201.6K0.4223.67N/AN/A3,6921,56291,17339,672
2016-05-10$14.32$14.0050.5%13.5%39.0%33.6%44.6%6.5%-0.9%1.6M-60.7M-204.2K0.2817.04N/AN/A6,0041,68991,83739,803
2016-05-11$14.31$14.0046.2%13.2%37.8%28.9%46.4%4.8%0.7%1.8M-62.4M-206.1K0.3122.34N/AN/A4,4351,37894,22439,993
2016-05-12$13.97$14.0047.6%13.6%38.9%30.4%45.1%7.2%1.8%1.7M-53.7M-198.2K0.3420.32N/AN/A4,7701,62694,17639,986
2016-05-13$13.89$14.0046.1%13.2%37.5%28.8%45.9%7.8%0.5%1.5M-51.3M-194.7K0.6325.18N/AN/A6,8954,35993,43240,227
2016-05-16$13.99$14.0045.9%13.2%37.6%28.6%47.8%2.8%0.6%1.7M-55.0M-197.8K1.0689.85N/AN/A4,2044,45595,19342,961
2016-05-17$14.25$14.0049.0%14.0%37.0%31.9%46.2%8.9%-1.2%1.8M-58.6M-197.4K1.0891.03N/AN/A3,9054,22895,20343,018
2016-05-18$14.01$14.0045.8%13.1%36.3%28.5%46.0%3.9%0.9%1.7M-53.9M-189.7K1.0245.38N/AN/A4,4314,52795,25142,883
2016-05-19$13.93$14.0045.8%13.1%36.3%28.5%47.2%6.8%0.9%1.9M-53.7M-187.5K0.2975.46N/AN/A5,2101,48895,96242,999
2016-05-20$14.10$14.0042.5%12.2%36.6%24.9%42.3%6.8%2.2%701.4K-61.3M-181.9K0.3226.50N/AN/A4,5821,46994,98442,675
2016-05-23$14.53$14.0038.7%11.1%37.9%20.8%39.5%7.8%4.1%832.0K-29.7M-183.1K0.2629.13N/AN/A5,0631,31757,32717,613
2016-05-24$14.53$14.0038.4%11.0%36.2%20.5%38.7%5.2%1.1%882.4K-30.5M-190.4K0.3529.03N/AN/A3,5231,21758,69717,964
2016-05-25$15.17$14.0038.7%11.1%39.6%20.8%37.0%4.7%0.3%1.0M-37.3M-190.5K0.2525.85N/AN/A4,9031,23159,19918,091
2016-05-26$15.02$14.0039.8%11.4%38.3%21.9%43.4%4.4%-2.4%1.1M-37.2M-194.1K0.4230.13N/AN/A2,7531,16061,23718,224
2016-05-27$15.11$14.0038.1%10.9%38.4%20.1%39.3%0.3%0.1%1.1M-37.7M-198.1K0.41107.07N/AN/A2,8201,15261,69618,294
2016-05-31$14.96$14.0039.3%11.3%38.5%21.5%40.9%5.6%-0.0%1.1M-36.2M-189.8K0.3919.41N/AN/A2,5531,00361,87718,361