HUN Options History — March 2018

In March 2018, HUN traded between $28.93 and $32.90. ATM implied volatility averaged 30.8%, placing in the 15.8% IV rank vs the trailing year. The 30-day expected move averaged 8.8%. IV traded above realized volatility by 1.4% (HV 20d: 29.4%). Max pain ranged from $32.00 to $33.00. Net GEX was positive for 11 of 21 trading days. Term structure was in contango for 19 of 21 days. Put/call ratio averaged 1.51.

Notable Days

  • 2018-03-15: Highest Volume — 18,570 contracts
  • 2018-03-22: Largest IV spike — 8.7% change
  • 2018-03-26: Highest IV Rank — 19.3%
  • 2018-03-26: Largest Expected Move — 9.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$31.02$28.93$32.90$32.23$29.24
Max Pain$32.24$32.00$33.00$33.00$32.00
ATM IV30.8%28.0%33.3%32.6%31.7%
Expected Move8.8%8.1%9.5%9.3%9.1%
HV 20d29.4%23.1%37.6%37.5%30.4%
HV 60d27.9%26.6%29.4%28.1%28.9%
IV Rank15.8%11.8%19.3%18.3%17.1%
IV Percentile69.0%45.2%84.5%81.3%77.0%
Term Structure2.3%-2.4%4.3%-2.4%4.3%
VWIV29.7%26.3%33.7%33.7%29.2%
Skew 25d3.7%2.1%5.3%3.4%5.0%
Skew 10d6.9%4.2%11.0%6.4%6.7%
Call IV 25d29.2%26.1%32.0%32.0%28.9%
Put IV 25d32.8%29.0%36.3%35.4%33.9%
Bid-Ask Spread %29.0217.9748.5741.4621.98
Gamma HHI0.220.180.260.180.25
Net GEX761.4K-1.2M3.9M2.9M-933.0K
Net DEX2.5M-36.7M36.1M-25.2M31.9M
Net VEX-297.1K-350.1K-235.7K-350.1K-237.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.510.404.451.330.61
Total Volume5,699.193,00618,5704,2093,006
Total OI87,911.1966,896112,61398,40667,112

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-03-01$32.23$33.0032.6%9.3%37.5%18.3%33.7%3.4%-2.4%2.9M-25.2M-350.1K1.3341.46N/AN/A1,8082,40169,10529,301
2018-03-02$31.59$33.0032.0%9.2%37.6%17.4%32.8%3.6%-0.5%1.7M-11.9M-331.8K1.6133.12N/AN/A1,4672,36069,21529,497
2018-03-05$31.99$33.0032.0%8.5%35.1%17.4%30.0%3.3%3.2%2.0M-17.2M-332.5K1.0025.03N/AN/A2,5522,54769,38630,622
2018-03-06$31.98$33.0031.1%8.8%33.8%16.2%30.7%3.0%2.5%2.3M-19.2M-327.4K1.4127.12N/AN/A1,5772,22870,42830,256
2018-03-07$32.01$32.0030.9%8.6%31.8%16.0%30.6%3.1%3.7%2.3M-19.5M-320.9K1.8225.97N/AN/A1,3962,54470,52730,277
2018-03-08$31.63$32.0029.1%8.6%31.9%13.4%28.5%3.2%2.2%1.5M-9.4M-306.3K1.7937.73N/AN/A1,4002,50070,66930,245
2018-03-09$32.54$32.0028.0%8.2%25.0%11.8%28.3%2.2%2.6%3.2M-28.1M-312.1K0.9633.50N/AN/A2,3822,29870,70330,246
2018-03-12$32.90$32.0030.0%8.2%25.1%14.6%28.4%3.2%2.6%3.9M-36.7M-299.5K1.7522.64N/AN/A1,3362,34171,37430,241
2018-03-13$32.69$32.0031.0%8.3%23.1%16.0%29.1%2.6%2.1%3.4M-30.9M-296.8K0.8925.85N/AN/A5,4364,84071,40330,330
2018-03-14$31.50$32.0030.0%8.6%26.7%14.6%28.9%2.7%2.7%1.4M-7.8M-300.7K2.9126.71N/AN/A1,3944,06171,48031,998
2018-03-15$31.38$32.0031.1%8.9%25.0%16.3%30.7%3.1%2.2%933.0K-8.7M-298.3K4.4534.75N/AN/A3,40515,16571,63630,975
2018-03-16$31.19$33.0029.1%8.3%25.0%13.3%29.0%2.8%3.1%-951.4K12.7M-330.2K2.1448.57N/AN/A1,4473,09871,00141,612
2018-03-19$31.15$32.0029.9%8.6%25.0%14.5%28.6%5.3%2.1%-970.6K14.6M-323.8K0.6624.40N/AN/A3,1572,09633,14738,328
2018-03-20$30.42$32.0028.2%8.1%25.7%12.0%26.8%4.0%3.2%-1.2M26.6M-302.7K1.3919.45N/AN/A3,4824,85134,87337,994
2018-03-21$31.00$32.0028.1%8.1%25.9%11.9%26.3%2.1%2.8%-696.3K10.0M-313.1K1.0839.65N/AN/A2,0912,26034,66936,526
2018-03-22$29.54$32.0030.5%8.8%30.2%15.4%28.4%4.8%2.7%-1.0M36.1M-274.7K3.3832.54N/AN/A2,4068,13734,94536,616
2018-03-23$28.95$32.0032.8%9.4%30.2%18.6%31.6%4.5%1.9%-875.5K35.1M-254.2K0.4027.40N/AN/A4,2591,69234,93633,648
2018-03-26$29.49$32.0033.3%9.5%31.2%19.3%31.2%5.0%2.0%-910.3K29.9M-252.4K0.8117.97N/AN/A2,1281,73033,49133,469
2018-03-27$29.04$32.0033.2%9.5%31.2%19.2%29.1%4.8%2.2%-971.6K35.2M-238.7K0.7423.94N/AN/A1,8251,34333,53833,358
2018-03-28$28.93$32.0032.7%9.4%29.9%18.5%30.8%5.3%2.5%-977.6K36.0M-235.7K0.6319.72N/AN/A1,9801,25733,69833,260
2018-03-29$29.24$32.0031.7%9.1%30.4%17.1%29.2%5.0%4.3%-933.0K31.9M-237.8K0.6121.98N/AN/A1,8681,13833,86533,247