HUN Options History — May 2017

In May 2017, HUN traded between $23.82 and $26.74. ATM implied volatility averaged 30.1%, placing in the 13.0% IV rank vs the trailing year. The 30-day expected move averaged 8.7%. IV traded below realized volatility by 1.4% (HV 20d: 31.5%). Max pain ranged from $24.00 to $25.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 15 of 22 days. Put/call ratio averaged 2.23.

Notable Days

  • 2017-05-24: Highest Volume — 35,994 contracts
  • 2017-05-30: Largest IV spike — 9.7% change
  • 2017-05-31: Highest IV Rank — 21.5%
  • 2017-05-31: Largest Expected Move — 9.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.29$23.82$26.74$25.37$23.82
Max Pain$24.59$24.00$25.00$24.00$25.00
ATM IV30.1%28.4%33.3%30.6%33.3%
Expected Move8.7%8.1%9.5%8.8%9.5%
HV 20d31.5%27.1%36.5%27.1%35.4%
HV 60d32.0%30.4%32.8%32.2%31.6%
IV Rank13.0%8.4%21.5%14.5%21.5%
IV Percentile15.1%7.1%29.4%14.3%29.4%
Term Structure0.4%-3.0%2.4%-0.0%-3.0%
VWIV30.5%28.2%33.8%28.5%33.8%
Skew 25d3.5%0.1%6.2%3.1%2.8%
Skew 10d7.3%-6.5%16.5%3.5%10.8%
Call IV 25d28.5%26.8%31.2%29.9%31.2%
Put IV 25d32.1%30.0%34.0%33.0%34.0%
Bid-Ask Spread %32.2912.7489.3448.0340.21
Gamma HHI0.260.090.440.290.19
Net GEX1.7M237.5K3.1M2.1M1.1M
Net DEX-52.8M-80.7M-31.2M-59.3M-32.2M
Net VEX-219.6K-408.3K-153.9K-170.4K-408.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.230.585.732.321.47
Total Volume12,698.6364,87635,9945,57313,502
Total OI90,525.27365,821131,46578,677131,465

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-05-01$25.37$24.0030.6%8.8%27.1%14.5%28.5%3.1%-0.0%2.1M-59.3M-170.4K2.3248.03N/AN/A1,6813,89241,63337,044
2017-05-02$25.02$24.0029.6%8.5%27.4%11.7%28.4%3.0%0.7%2.1M-53.3M-171.1K0.5854.42N/AN/A6,4583,72041,84337,063
2017-05-03$24.52$24.0029.8%8.6%27.8%12.4%30.5%0.3%-0.3%1.7M-44.5M-164.0K3.6130.04N/AN/A1,2304,43640,12337,090
2017-05-04$24.38$25.0030.0%9.0%27.5%12.8%31.1%5.1%0.6%1.6M-41.9M-163.9K3.9719.40N/AN/A1,0234,06240,21437,580
2017-05-05$24.96$25.0029.4%8.5%28.7%11.2%29.6%3.8%1.5%1.9M-52.6M-168.2K3.5720.50N/AN/A1,0663,81041,30038,839
2017-05-08$24.63$25.0029.4%8.5%29.1%11.1%28.2%4.2%1.6%1.9M-47.6M-159.9K5.7318.61N/AN/A1,2747,30641,48838,917
2017-05-09$25.05$25.0028.7%8.7%29.7%9.3%28.7%4.0%1.0%2.0M-49.6M-174.4K4.3321.53N/AN/A9464,09541,93642,460
2017-05-10$25.88$24.0028.6%8.2%31.5%9.2%29.7%4.3%2.0%2.2M-65.4M-171.2K2.3917.31N/AN/A1,6613,97442,14442,545
2017-05-11$25.88$24.0029.0%8.3%28.5%10.3%30.6%4.0%1.5%2.3M-67.1M-169.3K2.7420.41N/AN/A1,4924,09242,58642,599
2017-05-12$25.73$24.0028.9%8.3%28.2%9.9%30.0%3.9%1.7%2.4M-64.8M-167.3K2.8812.74N/AN/A1,3733,95542,65142,804
2017-05-15$26.34$24.0028.8%8.3%28.9%9.7%28.7%1.7%2.4%2.3M-75.2M-153.9K1.1913.98N/AN/A3,3704,01042,76642,810
2017-05-16$26.74$24.0028.4%8.1%29.1%8.4%28.8%3.7%1.7%2.0M-80.7M-154.3K1.8814.08N/AN/A2,2644,24643,16042,887
2017-05-17$25.60$24.0031.1%8.9%34.0%15.6%31.7%5.3%0.6%2.7M-62.0M-160.6K2.0419.36N/AN/A7,08014,42842,96543,124
2017-05-18$25.87$25.0029.7%8.5%33.2%12.1%31.6%5.0%1.3%3.1M-56.5M-175.7K4.6513.46N/AN/A2,40111,16144,44350,000
2017-05-19$26.68$25.0030.2%8.7%34.1%13.4%31.9%6.2%1.2%237.5K-73.3M-171.6K0.7921.63N/AN/A13,89610,91344,73150,166
2017-05-22$26.16$25.0031.4%9.0%32.8%16.6%33.4%0.1%0.4%729.6K-37.4M-207.3K0.8989.34N/AN/A11,29810,07036,79729,024
2017-05-23$25.23$25.0030.8%8.8%35.0%15.0%31.2%3.7%-0.7%628.1K-31.2M-244.9K0.7953.87N/AN/A17,01713,42741,56935,615
2017-05-24$24.55$25.0030.4%8.7%36.2%13.9%30.8%2.5%-1.1%809.8K-31.2M-303.8K0.7649.77N/AN/A20,50715,48752,67041,536
2017-05-25$24.84$25.0030.8%8.8%36.5%15.1%32.1%4.0%-1.6%1.4M-48.7M-395.0K0.8255.08N/AN/A7,0025,73267,23352,234
2017-05-26$24.73$25.0029.8%8.5%36.0%12.2%30.0%3.5%0.1%1.4M-48.1M-393.9K0.7339.87N/AN/A6,0344,39868,05053,494
2017-05-30$24.30$25.0032.7%9.4%35.1%20.0%32.7%3.0%-2.6%1.3M-39.0M-382.7K1.0236.77N/AN/A9,7139,86868,35253,606
2017-05-31$23.82$25.0033.3%9.5%35.4%21.5%33.8%2.8%-3.0%1.1M-32.2M-408.3K1.4740.21N/AN/A5,4588,04472,44759,018