HUN Options History — March 2020

In March 2020, HUN traded between $12.88 and $19.06. ATM implied volatility averaged 82.5%, placing in the 78.0% IV rank vs the trailing year. The 30-day expected move averaged 23.1%. IV traded above realized volatility by 7.7% (HV 20d: 74.9%). Max pain ranged from $15.00 to $21.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 1 of 22 days. Put/call ratio averaged 1.33.

Notable Days

  • 2020-03-19: Highest Volume — 6,965 contracts
  • 2020-03-09: Largest IV spike — 33.4% change
  • 2020-03-05: Highest IV Rank — 100.0%
  • 2020-03-16: Largest Expected Move — 33.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$15.58$12.88$19.06$19.06$14.45
Max Pain$16.86$15.00$21.00$21.00$15.00
ATM IV82.5%51.3%115.1%59.2%78.5%
Expected Move23.1%14.7%33.0%17.0%22.5%
HV 20d74.9%41.2%111.2%46.3%111.2%
HV 60d52.3%36.4%70.8%36.7%70.8%
IV Rank78.0%48.3%100.0%85.9%58.6%
IV Percentile98.4%95.2%100.0%99.6%95.6%
Term Structure-9.6%-27.7%3.1%-7.4%-11.8%
VWIV78.1%52.5%112.0%58.8%73.9%
Skew 25d19.3%8.8%54.4%9.1%20.1%
Skew 10d45.6%18.7%87.1%20.1%29.2%
Call IV 25d69.9%43.9%93.9%54.7%65.7%
Put IV 25d89.3%58.9%117.8%63.8%85.8%
Bid-Ask Spread %63.3922.99105.6424.69105.64
Gamma HHI0.180.090.340.200.13
Net GEX-238.5K-553.1K-82.0K-456.5K-141.5K
Net DEX17.1M10.0M22.7M11.9M13.9M
Net VEX-85.0K-104.4K-64.7K-104.4K-70.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.330.158.731.070.42
Total Volume2,014.4551366,965508586
Total OI41,014.95537,37246,47339,06937,978

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-03-02$19.06$21.0059.2%17.0%46.3%85.9%58.8%9.1%-7.4%-456.5K11.9M-104.4K1.0724.69N/AN/A24526316,65422,415
2020-03-03$18.55$21.0057.9%16.6%46.7%82.5%60.6%10.0%-8.0%-500.8K14.8M-97.1K0.3523.52N/AN/A45716216,82622,432
2020-03-04$18.56$21.0051.3%14.7%44.2%65.0%52.5%8.8%-2.6%-553.1K14.5M-96.6K0.1722.99N/AN/A4888117,00222,537
2020-03-05$18.45$18.0064.6%16.3%41.2%100.0%52.7%11.2%-4.2%-479.0K14.5M-98.8K0.7626.97N/AN/A38229217,24422,584
2020-03-06$17.76$18.0072.4%18.3%41.9%100.0%65.7%9.3%-4.0%-415.6K16.7M-96.0K2.0931.81N/AN/A11223417,48522,603
2020-03-09$16.02$18.0096.5%20.8%53.3%100.0%71.6%13.0%-9.0%-311.6K22.3M-74.2K0.9023.46N/AN/A3,1482,82117,51222,869
2020-03-10$17.05$18.0068.0%19.3%59.5%59.1%69.0%14.5%-2.6%-430.8K20.2M-86.2K0.8830.42N/AN/A3,0002,64217,47823,062
2020-03-11$16.21$17.0075.3%21.6%58.6%69.6%74.5%14.8%-7.4%-299.6K20.9M-87.4K8.7342.83N/AN/A2632,29718,78524,128
2020-03-12$14.51$17.0095.0%27.2%65.7%97.9%94.1%16.3%-13.3%-181.5K22.6M-85.9K1.2769.10N/AN/A1,4341,82518,94126,020
2020-03-13$14.95$16.0097.8%28.0%68.1%100.0%80.8%13.6%-19.8%-188.7K21.7M-90.5K1.1696.57N/AN/A12114018,45325,397
2020-03-16$13.93$16.00115.1%33.0%70.6%100.0%110.9%32.7%-27.7%-139.6K21.8M-79.3K0.9677.94N/AN/A2,7832,66218,54925,176
2020-03-17$14.93$16.0095.1%27.3%77.4%77.3%88.7%18.6%-13.8%-164.5K20.4M-93.7K1.0860.84N/AN/A70776219,40725,999
2020-03-18$14.62$16.00111.5%32.0%75.2%95.8%112.0%12.4%-18.2%-119.8K20.3M-94.1K0.9570.35N/AN/A2,6962,57319,76326,041
2020-03-19$15.07$16.0098.6%28.3%76.2%81.3%101.6%26.4%-7.3%-82.0K20.6M-94.9K1.4082.57N/AN/A2,8974,06820,13226,341
2020-03-20$12.88$16.00101.8%29.2%90.9%84.9%84.0%27.7%-11.7%-91.5K22.7M-67.9K1.3388.41N/AN/A30240119,95026,317
2020-03-23$13.01$16.0096.0%27.5%91.2%78.3%83.3%39.6%-15.0%-98.1K14.2M-66.4K0.2469.78N/AN/A50712417,96219,410
2020-03-24$13.64$15.0073.7%21.1%94.0%53.2%75.1%54.4%-7.1%-117.2K14.7M-64.7K3.3674.99N/AN/A3231,08418,08019,408
2020-03-25$15.60$15.0069.5%19.9%108.2%48.3%72.7%21.8%3.1%-109.3K10.0M-90.2K0.4892.46N/AN/A36917618,22719,473
2020-03-26$15.41$15.0079.0%22.6%108.1%59.1%79.5%20.7%-9.6%-129.2K11.2M-84.7K1.0088.22N/AN/A29129218,20019,567
2020-03-27$14.35$15.0082.3%23.6%109.9%62.9%79.0%21.0%-5.1%-112.1K12.4M-78.8K0.4098.58N/AN/A973918,31019,638
2020-03-30$13.84$15.0076.9%22.1%109.3%56.8%76.6%9.3%-8.4%-125.4K14.2M-67.5K0.1592.37N/AN/A1502218,30819,666
2020-03-31$14.45$15.0078.5%22.5%111.2%58.6%73.9%20.1%-11.8%-141.5K13.9M-70.1K0.42105.64N/AN/A41317318,30119,677