HUN Options History — May 2020

In May 2020, HUN traded between $14.61 and $18.77. ATM implied volatility averaged 50.9%, placing in the 26.2% IV rank vs the trailing year. The 30-day expected move averaged 14.4%. IV traded below realized volatility by 18.7% (HV 20d: 69.6%). Max pain ranged from $15.00 to $20.00. Net GEX was positive for 8 of 20 trading days. Term structure was in contango for 7 of 20 days. Put/call ratio averaged 2.54.

Notable Days

  • 2020-05-01: Highest Volume — 6,107 contracts
  • 2020-05-12: Largest IV spike — 14.1% change
  • 2020-05-12: Highest IV Rank — 36.3%
  • 2020-05-04: Largest Expected Move — 15.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$16.31$14.61$18.77$15.97$18.15
Max Pain$15.60$15.00$20.00$20.00$16.00
ATM IV50.9%46.6%59.6%54.0%46.9%
Expected Move14.4%13.4%15.8%15.5%13.4%
HV 20d69.6%55.5%77.6%75.1%74.5%
HV 60d85.8%82.6%89.0%82.6%89.0%
IV Rank26.2%21.3%36.3%29.8%21.7%
IV Percentile78.3%72.6%85.7%82.1%72.6%
Term Structure-0.3%-2.6%1.9%-0.2%0.0%
VWIV52.4%45.9%60.8%53.9%50.3%
Skew 25d11.2%7.7%14.1%7.7%10.8%
Skew 10d33.8%24.6%45.1%27.7%27.1%
Call IV 25d45.1%41.3%51.9%51.9%42.0%
Put IV 25d56.3%51.4%61.9%59.6%52.8%
Bid-Ask Spread %27.6814.5638.4621.1035.15
Gamma HHI0.190.140.310.160.20
Net GEX-117.3K-393.4K171.5K-147.4K7.1K
Net DEX6.2M-4.8M16.6M11.2M-2.7M
Net VEX-71.1K-82.9K-61.8K-71.3K-81.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.540.1026.6326.632.18
Total Volume1,070.31436,1076,107143
Total OI38,660.1528,29945,75739,92036,983

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-05-01$15.97$20.0054.0%15.5%75.1%29.8%53.9%7.7%-0.2%-147.4K11.2M-71.3K26.6321.10N/AN/A2215,88620,35419,566
2020-05-04$15.20$16.0056.8%15.8%77.6%33.0%59.5%13.3%-0.4%-247.9K15.8M-71.6K0.7527.87N/AN/A36627420,44525,312
2020-05-05$15.45$16.0057.0%15.7%67.8%33.2%51.9%11.6%-0.6%-248.9K14.3M-72.3K0.3029.34N/AN/A2587820,56125,071
2020-05-06$14.72$16.0052.2%15.1%68.1%27.7%58.3%10.5%-0.2%-262.0K16.6M-66.2K0.3022.64N/AN/A2487520,70724,912
2020-05-07$14.94$16.0049.3%14.9%67.7%24.5%50.7%12.1%0.6%-261.0K14.1M-66.8K0.7824.72N/AN/A23618320,82023,633
2020-05-08$15.72$15.0049.5%14.1%63.2%24.6%49.5%11.5%1.9%-235.9K10.3M-70.7K0.1037.74N/AN/A2302320,89823,240
2020-05-11$15.95$15.0052.3%13.7%63.3%27.8%49.0%11.1%1.7%-219.2K8.7M-68.0K0.3436.51N/AN/A41113821,06322,822
2020-05-12$15.20$15.0059.6%14.4%65.3%36.3%48.6%11.1%-0.1%-265.1K10.6M-65.4K0.5338.46N/AN/A34518321,11422,303
2020-05-13$14.61$15.0052.9%15.2%57.5%28.5%53.8%11.6%0.5%-307.7K12.8M-61.8K0.3125.23N/AN/A1655121,29322,161
2020-05-14$14.94$15.0053.3%15.3%58.0%29.0%56.5%14.1%-2.3%-393.4K11.4M-63.0K0.6127.72N/AN/A43126121,33922,011
2020-05-15$14.76$15.0052.6%15.1%55.5%28.2%60.8%11.3%-2.0%-137.2K12.7M-61.9K0.7624.39N/AN/A1199021,43122,148
2020-05-18$16.89$15.0046.6%13.4%73.8%21.3%45.9%11.5%1.1%-18.0K1.6M-68.1K0.2630.52N/AN/A1,98850811,45516,844
2020-05-19$16.51$15.0047.7%13.7%73.4%22.6%53.9%10.5%-0.3%3.4K1.9M-71.6K0.1334.59N/AN/A5717212,66617,237
2020-05-20$17.20$15.0047.9%13.7%74.3%22.8%46.9%11.6%-1.0%52.8K-393.6K-72.5K0.2325.10N/AN/A2716313,03517,108
2020-05-21$17.13$15.0048.2%13.8%74.2%23.2%47.4%12.9%-0.4%55.5K-423.3K-74.8K0.1427.43N/AN/A3114413,28417,166
2020-05-22$17.30$15.0046.6%13.4%74.1%21.3%47.8%10.2%0.4%70.6K-826.5K-73.6K0.3914.56N/AN/A1124413,41317,197
2020-05-26$18.43$15.0049.1%14.1%76.4%24.2%56.9%10.2%-2.6%171.5K-4.6M-75.6K12.3321.81N/AN/A4195,16713,47917,224
2020-05-27$18.77$16.0047.0%13.5%76.1%21.8%54.9%9.4%-0.4%29.9K-4.8M-82.9K0.3225.28N/AN/A76724413,73322,344
2020-05-28$18.30$16.0048.1%13.8%75.5%23.1%52.1%10.9%-1.2%6.9K-3.3M-82.7K3.4123.42N/AN/A9331714,25822,573
2020-05-29$18.15$16.0046.9%13.4%74.5%21.7%50.3%10.8%0.0%7.1K-2.7M-81.5K2.1835.15N/AN/A459814,34622,637