HUN Options History — May 2023

In May 2023, HUN traded between $23.84 and $26.73. ATM implied volatility averaged 31.7%, placing in the 21.1% IV rank vs the trailing year. The 30-day expected move averaged 9.0%. IV traded above realized volatility by 4.8% (HV 20d: 27.0%). Max pain ranged from $25.00 to $28.00. Net GEX was positive for 12 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 2.71.

Notable Days

  • 2023-05-22: Highest Volume — 1,275 contracts
  • 2023-05-05: Largest IV drop — 10.6% change
  • 2023-05-03: Highest IV Rank — 51.5%
  • 2023-05-03: Largest Expected Move — 10.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.57$23.84$26.73$26.73$23.84
Max Pain$25.68$25.00$28.00$28.00$25.00
ATM IV31.7%28.1%37.5%35.5%32.0%
Expected Move9.0%8.1%10.7%10.2%9.2%
HV 20d27.0%22.0%30.8%30.2%25.2%
HV 60d29.4%28.5%30.1%29.9%28.5%
IV Rank21.1%1.6%51.5%40.8%22.7%
IV Percentile22.8%0.8%55.2%44.8%29.8%
Term Structure-0.8%-3.7%2.7%-3.7%-2.1%
VWIV31.7%27.8%37.8%35.0%33.4%
Skew 25d5.0%1.7%6.6%5.3%4.0%
Skew 10d8.9%-2.6%17.0%5.7%12.1%
Call IV 25d29.2%25.6%36.8%32.8%30.1%
Put IV 25d34.2%30.4%39.5%38.1%34.0%
Bid-Ask Spread %38.3014.7287.8333.7614.72
Gamma HHI0.130.100.170.100.12
Net GEX16.4K-97.2K139.4K139.4K-26.6K
Net DEX4.0M1.6M6.8M2.0M6.2M
Net VEX-83.5K-98.6K-68.1K-98.4K-68.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.710.0121.831.0710.35
Total Volume373.636611,2752731,056
Total OI25,865.95519,76528,24627,84921,491

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-05-01$26.73$28.0035.5%10.2%30.2%40.8%35.0%5.3%-3.7%139.4K2.0M-98.4K1.0733.76N/AN/A13214118,8628,987
2023-05-02$26.27$28.0036.9%10.6%30.8%48.3%35.8%5.0%-2.9%91.8K3.1M-94.5K3.6770.35N/AN/A4215418,9158,994
2023-05-03$26.31$28.0037.5%10.7%29.0%51.5%37.8%2.5%-3.0%105.2K2.8M-96.6K0.1387.83N/AN/A1041318,9279,102
2023-05-04$26.55$26.0036.8%9.9%29.2%47.7%35.8%5.9%-0.6%135.7K1.9M-98.6K0.6044.62N/AN/A22913818,9909,112
2023-05-05$26.52$26.0032.9%8.5%29.0%27.0%30.5%6.3%1.2%105.6K2.6M-94.4K1.3359.93N/AN/A8711619,0379,082
2023-05-08$26.16$26.0031.4%9.0%28.5%19.0%31.9%6.0%0.4%40.4K4.1M-89.0K7.0840.49N/AN/A5337519,0539,150
2023-05-09$25.48$26.0031.6%9.3%29.4%20.2%33.2%5.5%-0.0%-44.8K5.7M-81.4K0.9327.14N/AN/A52548819,0748,984
2023-05-10$25.36$26.0031.2%8.9%29.3%18.0%30.4%5.8%0.3%-58.5K5.8M-78.1K0.4417.92N/AN/A914019,2878,779
2023-05-11$24.84$26.0030.5%8.8%27.1%14.7%30.4%5.4%1.5%-95.1K6.8M-74.4K0.1823.03N/AN/A2754919,3158,765
2023-05-12$25.02$25.0031.0%8.9%26.5%17.1%33.0%5.1%1.1%-86.6K6.4M-75.3K0.1439.28N/AN/A1742419,4088,776
2023-05-15$25.24$25.0030.8%8.8%26.0%16.3%30.9%5.0%0.8%-79.3K5.5M-76.4K1.8730.68N/AN/A5410119,4738,628
2023-05-16$24.88$25.0029.0%8.3%26.2%6.3%28.7%5.9%2.7%-97.2K6.3M-74.5K0.7345.27N/AN/A735319,5108,660
2023-05-17$25.41$25.0030.1%8.6%27.2%12.3%31.2%5.0%1.2%-86.3K4.4M-76.6K2.5420.79N/AN/A8922619,5458,322
2023-05-18$25.88$25.0028.7%8.2%27.4%4.9%29.8%5.1%-1.8%-25.1K3.3M-81.8K0.0941.02N/AN/A1431319,6048,512
2023-05-19$25.51$25.0029.9%8.6%27.2%11.4%29.9%3.9%-1.8%-3.6K4.0M-79.4K2.4826.50N/AN/A317719,7388,508
2023-05-22$25.63$25.0028.1%8.1%27.0%1.6%27.8%3.6%-1.6%6623.4M-79.0K0.0942.19N/AN/A1,17410112,8056,960
2023-05-23$26.04$25.0029.2%8.4%24.2%7.4%28.3%5.4%-1.1%105.7K1.6M-87.2K0.3333.11N/AN/A1906313,9277,006
2023-05-24$25.54$25.0030.9%8.9%25.0%16.6%30.5%5.9%-2.4%90.6K2.4M-85.3K0.0143.01N/AN/A380314,0597,026
2023-05-25$25.41$25.0032.5%9.3%24.8%25.4%32.5%5.1%-2.6%85.2K2.6M-85.1K21.8345.74N/AN/A2350214,2917,028
2023-05-26$25.12$25.0031.3%9.0%22.0%18.6%30.3%1.7%-2.1%45.7K3.7M-83.6K0.1338.76N/AN/A54714,2797,381
2023-05-30$24.80$25.0031.0%8.9%22.3%17.4%30.9%6.6%-2.0%18.7K4.6M-78.2K3.6016.42N/AN/A12143614,3077,392
2023-05-31$23.84$25.0032.0%9.2%25.2%22.7%33.4%4.0%-2.1%-26.6K6.2M-68.1K10.3514.72N/AN/A9396314,3557,136