HUN Options History — March 2021

In March 2021, HUN traded between $26.70 and $29.43. ATM implied volatility averaged 35.0%, placing in the 4.0% IV rank vs the trailing year. The 30-day expected move averaged 10.0%. IV traded above realized volatility by 2.9% (HV 20d: 32.1%). Max pain ranged from $26.00 to $28.00. Net GEX was positive for 13 of 23 trading days. Term structure was in contango for 22 of 23 days. Put/call ratio averaged 0.94.

Notable Days

  • 2021-03-19: Highest Volume — 35,398 contracts
  • 2021-03-30: Largest IV drop — 20.3% change
  • 2021-03-29: Highest IV Rank — 19.5%
  • 2021-03-29: Largest Expected Move — 12.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$28.17$26.70$29.43$27.82$29.02
Max Pain$27.39$26.00$28.00$26.00$28.00
ATM IV35.0%32.2%42.2%35.1%33.0%
Expected Move10.0%9.2%12.1%10.1%9.5%
HV 20d32.1%22.7%42.2%24.2%42.1%
HV 60d32.2%29.7%35.9%30.1%35.8%
IV Rank4.0%0.0%19.5%3.0%1.5%
IV Percentile12.6%0.0%58.3%8.7%1.2%
Term Structure2.7%-0.1%5.0%1.0%4.2%
VWIV34.9%31.9%38.3%34.8%32.3%
Skew 25d3.5%0.8%7.3%2.8%1.3%
Skew 10d7.8%-12.3%16.5%6.0%14.6%
Call IV 25d33.6%31.1%37.0%34.0%32.1%
Put IV 25d37.1%33.4%41.2%36.8%33.4%
Bid-Ask Spread %39.3622.6760.2428.0824.06
Gamma HHI0.250.140.400.310.25
Net GEX247.2K-680.5K1.9M-401.2K1.8M
Net DEX-14.3M-37.3M-218.0K-7.8M-32.7M
Net VEX-219.6K-268.1K-194.5K-206.6K-250.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.940.0113.850.010.12
Total Volume3,301.47817535,398276934
Total OI43,582.21733,95060,86233,95060,696

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-03-01$27.82$26.0035.1%10.1%24.2%3.0%34.8%2.8%1.0%-401.2K-7.8M-206.6K0.0128.08N/AN/A272416,36517,585
2021-03-02$27.80$26.0034.8%10.0%22.9%2.6%34.4%2.7%0.8%-443.6K-7.9M-205.9K0.0852.47N/AN/A1651316,48217,593
2021-03-03$27.53$26.0033.8%9.7%22.7%1.4%34.8%3.1%1.6%-570.5K-6.7M-203.0K0.5847.66N/AN/A28516416,59017,603
2021-03-04$26.70$26.0039.0%10.5%24.9%7.7%36.2%7.3%2.2%-640.2K-218.0K-201.0K0.4760.24N/AN/A25211816,72617,672
2021-03-05$27.29$27.0035.6%10.4%26.3%3.6%35.1%5.3%2.5%-663.7K-4.8M-202.6K0.3634.79N/AN/A1927016,76317,764
2021-03-08$27.54$27.0036.4%10.2%25.1%4.5%37.5%7.0%2.6%-680.5K-7.4M-197.9K0.5726.33N/AN/A33118816,86817,793
2021-03-09$27.69$27.0035.7%9.8%23.7%3.7%34.7%4.0%3.0%-613.7K-8.6M-198.8K0.7728.25N/AN/A997617,07617,931
2021-03-10$28.51$27.0034.1%9.8%25.9%1.8%34.4%4.0%2.5%316.6K-15.1M-194.8K0.8828.57N/AN/A31127517,10417,948
2021-03-11$29.01$27.0033.9%9.7%26.1%1.6%32.4%5.5%2.6%624.6K-17.3M-196.9K0.0739.85N/AN/A4803317,21217,919
2021-03-12$29.43$27.0033.9%9.7%26.5%1.6%32.3%4.1%3.5%599.7K-19.5M-199.8K0.1150.54N/AN/A7398017,19417,942
2021-03-15$28.36$28.0034.3%9.8%29.9%2.0%36.2%4.0%2.9%249.3K-13.8M-194.5K13.8527.15N/AN/A3044,21117,39518,001
2021-03-16$27.68$28.0032.2%9.2%31.0%0.0%31.9%4.1%3.9%-631.8K-6.4M-203.6K0.4848.56N/AN/A21910517,56722,183
2021-03-17$28.76$28.0032.4%9.3%34.1%0.3%34.5%5.7%5.0%408.2K-14.2M-204.4K0.0654.65N/AN/A5033117,72522,227
2021-03-18$28.65$28.0033.7%9.7%33.7%1.9%33.2%2.6%2.9%400.8K-14.5M-203.6K0.1650.84N/AN/A5118318,07722,231
2021-03-19$29.37$28.0036.5%10.5%33.6%6.2%37.3%4.0%1.3%374.2K-18.5M-206.2K0.2747.00N/AN/A27,9507,44818,25922,246
2021-03-22$28.40$28.0033.5%9.6%35.6%1.8%34.3%3.2%2.9%823.1K-19.0M-240.1K0.7646.97N/AN/A4,8373,67526,19720,708
2021-03-23$26.79$28.0035.3%10.1%41.1%4.9%36.2%2.0%2.1%-276.5K-269.9K-237.7K0.4258.42N/AN/A7,4573,12828,15324,289
2021-03-24$27.03$28.0036.0%10.3%41.2%7.4%36.0%0.8%2.3%-135.1K-3.3M-251.8K0.0645.75N/AN/A4,12124730,82427,141
2021-03-25$27.86$28.0035.1%10.1%41.3%5.6%35.5%2.1%3.3%803.6K-16.9M-266.3K0.4625.71N/AN/A1,29559133,49627,366
2021-03-26$28.65$28.0035.8%10.3%42.2%7.0%36.3%1.2%3.2%1.3M-28.5M-268.1K0.0431.59N/AN/A1,8877033,10727,664
2021-03-29$28.87$28.0042.2%12.1%42.1%19.5%38.3%0.8%-0.1%1.2M-28.8M-264.3K0.1322.67N/AN/A78710032,73527,658
2021-03-30$29.20$28.0033.6%9.6%42.2%2.8%33.8%3.4%4.9%1.9M-37.3M-253.5K0.9525.10N/AN/A66263132,65427,662
2021-03-31$29.02$28.0033.0%9.5%42.1%1.5%32.3%1.3%4.2%1.8M-32.7M-250.3K0.1224.06N/AN/A8379732,48828,208