HUN Options History — March 2023

In March 2023, HUN traded between $26.54 and $30.32. ATM implied volatility averaged 32.7%, placing in the 25.7% IV rank vs the trailing year. The 30-day expected move averaged 9.0%. IV traded above realized volatility by 0.5% (HV 20d: 32.2%). Max pain ranged from $28.00 to $31.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 20 of 23 days. Put/call ratio averaged 1.59.

Notable Days

  • 2023-03-20: Highest Volume — 1,841 contracts
  • 2023-03-13: Largest IV spike — 32.2% change
  • 2023-03-13: Highest IV Rank — 98.7%
  • 2023-03-13: Largest Expected Move — 10.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$27.89$26.54$30.32$30.20$27.29
Max Pain$29.57$28.00$31.00$30.00$28.00
ATM IV32.7%27.8%46.3%28.5%28.3%
Expected Move9.0%7.8%10.4%8.2%8.1%
HV 20d32.2%26.4%36.2%30.5%33.7%
HV 60d31.0%29.1%32.2%29.5%29.6%
IV Rank25.7%0.0%98.7%3.1%2.7%
IV Percentile23.0%0.0%99.2%0.8%0.8%
Term Structure1.7%-1.5%4.8%-0.1%4.8%
VWIV31.2%26.1%37.6%27.8%29.2%
Skew 25d4.8%2.3%7.2%5.4%3.0%
Skew 10d8.9%4.0%15.6%9.0%10.9%
Call IV 25d29.4%25.8%33.7%25.8%28.3%
Put IV 25d34.2%28.5%40.4%31.2%31.3%
Bid-Ask Spread %50.5617.2585.7574.4536.62
Gamma HHI0.120.100.160.130.12
Net GEX420.0K129.4K881.1K772.1K374.8K
Net DEX-2.2M-10.5M2.3M-9.1M-822.6K
Net VEX-102.5K-127.3K-86.8K-121.0K-92.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.590.0118.900.040.42
Total Volume468.609471,84129571
Total OI25,478.21723,69826,32223,87925,924

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-03-01$30.20$30.0028.5%8.2%30.5%3.1%27.8%5.4%-0.1%772.1K-9.1M-121.0K0.0474.45N/AN/A2841117,7536,126
2023-03-02$30.27$30.0029.5%8.5%26.7%7.3%28.5%4.5%-1.5%827.6K-9.7M-122.2K0.6885.75N/AN/A36424717,9726,135
2023-03-03$30.32$30.0027.8%8.0%26.4%0.0%26.1%2.3%-1.3%881.1K-10.5M-127.3K0.2378.42N/AN/A63214518,3126,345
2023-03-06$29.02$30.0029.5%7.8%29.8%7.6%26.2%3.8%2.9%498.3K-4.2M-111.3K0.2444.95N/AN/A2195318,7686,466
2023-03-07$28.32$31.0031.1%8.4%30.1%15.2%30.5%4.8%2.7%351.1K-1.9M-103.9K1.0444.39N/AN/A17918618,8006,524
2023-03-08$28.82$31.0029.1%8.2%30.8%5.8%28.8%4.5%1.7%419.8K-3.1M-107.3K1.3860.20N/AN/A18926118,7536,704
2023-03-09$27.80$31.0032.6%8.8%32.0%25.5%31.6%3.8%1.8%244.7K-142.7K-100.5K4.1232.57N/AN/A18275018,8326,899
2023-03-10$27.18$31.0035.0%9.2%32.5%38.6%34.1%5.6%2.2%129.4K2.3M-96.5K0.0830.43N/AN/A1,0268618,7837,403
2023-03-13$27.13$31.0046.3%10.4%32.4%98.7%33.7%5.2%0.5%218.5K1.8M-98.1K1.7561.85N/AN/A8514918,8197,445
2023-03-14$27.76$30.0042.1%9.7%33.7%76.5%35.2%4.9%1.6%348.0K-783.9K-106.8K0.4958.62N/AN/A1004918,8167,506
2023-03-15$27.23$30.0036.1%10.3%34.0%44.1%37.6%5.1%0.3%270.8K247.2K-101.6K18.9063.14N/AN/A2954818,8607,270
2023-03-16$27.95$30.0034.2%9.8%35.9%34.2%34.1%5.3%1.0%474.9K-2.5M-104.7K0.1359.91N/AN/A68918,8516,940
2023-03-17$27.70$29.0035.5%10.2%35.8%40.9%33.7%6.7%0.9%493.3K-1.8M-102.4K0.0347.73N/AN/A1,1153218,8566,943
2023-03-20$27.95$29.0032.8%9.4%36.2%26.7%31.6%4.2%2.3%375.9K-2.9M-106.1K0.0122.14N/AN/A1,8281317,1056,593
2023-03-21$28.32$29.0032.3%9.3%31.1%24.0%30.6%5.5%2.6%615.5K-5.5M-112.4K1.2017.25N/AN/A20324318,8136,566
2023-03-22$27.56$29.0031.5%9.0%32.4%19.6%31.1%4.5%1.3%492.9K-2.8M-102.5K1.3957.00N/AN/A7710718,9256,510
2023-03-23$26.79$29.0033.9%9.7%33.6%32.3%32.4%7.2%1.1%319.3K296.9K-90.9K0.8551.23N/AN/A897618,9816,557
2023-03-24$26.88$29.0033.0%9.5%33.5%27.9%31.7%5.4%2.3%353.2K-525.5K-93.8K1.8560.11N/AN/A20337618,9946,503
2023-03-27$26.96$29.0031.4%9.0%33.1%19.2%31.3%5.3%2.7%348.2K-317.6K-93.4K0.1619.91N/AN/A1171919,0076,849
2023-03-28$26.73$28.0032.1%9.2%33.2%22.8%34.2%4.5%2.1%294.2K595.6K-88.4K0.0346.11N/AN/A127419,0726,852
2023-03-29$26.86$28.0029.6%8.5%31.6%9.5%29.3%4.0%4.1%299.4K430.2K-88.0K0.6853.59N/AN/A281919,1016,856
2023-03-30$26.54$28.0029.3%8.4%31.5%8.2%29.0%5.3%4.1%256.0K938.2K-86.8K0.8056.58N/AN/A1008019,0896,821
2023-03-31$27.29$28.0028.3%8.1%33.7%2.7%29.2%3.0%4.8%374.8K-822.6K-92.3K0.4236.62N/AN/A502119,1306,794