HUN Options History — February 2023

In February 2023, HUN traded between $29.05 and $33.09. ATM implied volatility averaged 31.4%, placing in the 16.0% IV rank vs the trailing year. The 30-day expected move averaged 9.2%. IV traded above realized volatility by 4.7% (HV 20d: 26.7%). Max pain ranged from $28.00 to $31.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 3 of 19 days. Put/call ratio averaged 0.46.

Notable Days

  • 2023-02-10: Highest Volume — 2,474 contracts
  • 2023-02-08: Largest IV spike — 14.0% change
  • 2023-02-13: Highest IV Rank — 36.3%
  • 2023-02-13: Largest Expected Move — 10.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$31.01$29.05$33.09$32.81$29.48
Max Pain$30.58$28.00$31.00$28.00$30.00
ATM IV31.4%27.9%35.8%29.0%31.1%
Expected Move9.2%8.3%10.3%8.3%8.9%
HV 20d26.7%23.1%30.4%29.6%30.1%
HV 60d31.8%29.0%36.4%36.4%29.1%
IV Rank16.0%0.0%36.3%2.2%14.9%
IV Percentile12.1%0.0%32.1%1.2%11.1%
Term Structure-1.1%-3.2%1.4%1.4%-2.7%
VWIV32.0%28.8%35.5%30.9%32.0%
Skew 25d5.1%3.8%6.2%6.2%3.9%
Skew 10d10.3%0.5%19.2%0.5%13.7%
Call IV 25d29.6%26.9%33.3%26.9%28.0%
Put IV 25d34.8%31.8%37.8%33.1%31.9%
Bid-Ask Spread %50.8128.6376.1676.1657.39
Gamma HHI0.180.120.230.230.13
Net GEX1.2M469.5K2.3M2.0M611.6K
Net DEX-14.2M-27.7M-5.3M-23.8M-6.2M
Net VEX-123.0K-140.6K-108.9K-135.7K-113.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.460.001.730.851.34
Total Volume602.789742,474314300
Total OI30,775.63221,81837,56932,73623,688

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-02-01$32.81$28.0029.0%8.3%29.6%2.2%30.9%6.2%1.4%2.0M-23.8M-135.7K0.8576.16N/AN/A17014421,19711,539
2023-02-02$33.09$31.0027.9%9.0%25.7%0.0%32.8%4.4%-1.4%2.2M-27.7M-140.6K0.3043.39N/AN/A2567821,27411,613
2023-02-03$33.06$31.0028.8%9.0%24.8%4.3%33.0%4.9%-0.6%2.3M-25.3M-136.8K0.3161.15N/AN/A712221,25411,673
2023-02-06$32.39$31.0032.1%9.3%23.2%19.3%33.5%6.0%-1.0%1.8M-20.5M-129.3K0.6550.50N/AN/A1389021,27711,676
2023-02-07$32.70$31.0028.8%9.0%23.1%4.1%31.4%5.3%-1.1%2.1M-22.3M-131.3K0.0754.00N/AN/A84621,33511,723
2023-02-08$31.95$31.0032.8%9.4%24.9%22.4%33.1%6.0%-1.7%1.6M-17.6M-125.8K1.0042.15N/AN/A373721,38211,731
2023-02-09$31.63$31.0032.5%9.3%25.2%20.9%33.0%5.1%-0.6%1.3M-14.8M-119.4K0.1355.11N/AN/A67921,38311,752
2023-02-10$31.18$31.0034.6%9.9%25.6%30.5%33.9%5.6%-1.2%917.3K-12.0M-115.0K0.1050.39N/AN/A2,24722721,41311,759
2023-02-13$31.43$31.0035.8%10.3%25.7%36.3%35.5%4.5%-2.7%1.3M-15.6M-120.0K0.1231.72N/AN/A5606622,93411,884
2023-02-14$31.02$31.0033.5%9.6%25.5%25.4%33.3%5.5%-1.7%1.1M-13.6M-117.7K0.0345.45N/AN/A1,4653923,38611,911
2023-02-15$30.76$31.0033.2%9.5%25.6%24.3%32.3%5.3%-1.9%1.0M-13.7M-124.6K0.0061.00N/AN/A2,013924,65511,937
2023-02-16$30.84$31.0033.1%9.5%25.6%23.5%33.7%3.8%-3.2%1.0M-14.5M-132.8K0.9241.66N/AN/A1019325,58911,947
2023-02-17$30.73$31.0032.9%9.4%23.2%22.7%33.0%5.8%-2.9%1.1M-13.9M-132.3K0.1859.21N/AN/A3646725,59311,976
2023-02-21$29.05$31.0031.3%9.0%29.7%15.7%29.2%5.5%-0.1%469.5K-5.3M-108.9K0.4066.74N/AN/A1,22048516,4675,351
2023-02-22$29.05$30.0031.5%9.0%29.7%16.3%28.8%5.5%-0.9%533.7K-5.3M-111.1K0.1062.59N/AN/A3643617,3035,768
2023-02-23$29.14$30.0029.4%8.4%29.8%7.1%29.5%5.3%0.4%553.8K-5.5M-112.6K1.7341.14N/AN/A8013817,5435,781
2023-02-24$29.29$30.0029.9%8.6%30.0%9.1%29.3%4.4%0.2%574.3K-5.9M-114.6K0.3028.63N/AN/A762317,5815,873
2023-02-27$29.62$30.0029.1%8.3%30.4%5.5%30.1%4.8%-0.0%636.7K-6.8M-114.6K0.1237.01N/AN/A2422917,6225,967
2023-02-28$29.48$30.0031.1%8.9%30.1%14.9%32.0%3.9%-2.7%611.6K-6.2M-113.2K1.3457.39N/AN/A12817217,7195,969