HUN Options History — March 2024

In March 2024, HUN traded between $24.84 and $26.62. ATM implied volatility averaged 26.2%, placing in the 18.1% IV rank vs the trailing year. The 30-day expected move averaged 7.2%. IV traded below realized volatility by 6.1% (HV 20d: 32.3%). Max pain ranged from $24.00 to $25.00. Net GEX was positive for 7 of 20 trading days. Term structure was in contango for 19 of 20 days. Put/call ratio averaged 7.42.

Notable Days

  • 2024-03-11: Highest Volume — 13,904 contracts
  • 2024-03-13: Largest IV drop — 15.2% change
  • 2024-03-11: Highest IV Rank — 40.5%
  • 2024-03-01: Largest Expected Move — 8.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.71$24.84$26.62$25.27$26.02
Max Pain$24.95$24.00$25.00$24.00$25.00
ATM IV26.2%21.5%31.9%29.0%21.5%
Expected Move7.2%6.2%8.3%8.3%6.2%
HV 20d32.3%25.9%36.7%35.3%25.9%
HV 60d27.2%26.1%28.0%27.2%27.5%
IV Rank18.1%0.0%40.5%28.4%0.0%
IV Percentile25.2%0.0%77.0%43.7%0.0%
Term Structure2.2%-2.2%4.1%-2.2%3.8%
VWIV25.1%21.8%28.5%28.3%21.8%
Skew 25d0.8%-0.2%3.1%3.1%0.2%
Skew 10d3.5%-5.2%43.4%43.4%-5.2%
Call IV 25d24.7%21.9%27.6%25.3%21.9%
Put IV 25d25.5%22.1%28.3%28.3%22.1%
Bid-Ask Spread %61.3834.6580.2073.6053.54
Gamma HHI0.340.280.390.340.32
Net GEX-870.3K-2.8M434.3K-84.8K205.3K
Net DEX-4.9M-19.1M11.6M-6.0M-11.0M
Net VEX-122.0K-154.7K-101.0K-120.5K-101.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio7.420.01102.760.760.28
Total Volume1,712.29313,904258139
Total OI84,833.454,223122,914101,73156,979

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-03-01$25.27$24.0029.0%8.3%35.3%28.4%28.3%3.1%-2.2%-84.8K-6.0M-120.5K0.7673.60N/AN/A14711116,50085,231
2024-03-04$25.91$25.0031.7%8.0%35.0%39.8%27.7%0.5%1.1%170.2K-12.3M-113.8K0.2270.32N/AN/A47610416,56085,337
2024-03-05$25.74$25.0030.8%7.7%34.8%36.0%26.9%0.0%1.6%119.3K-10.5M-117.4K0.0672.27N/AN/A4922816,86185,323
2024-03-06$26.01$25.0031.1%7.8%34.9%37.3%28.2%0.9%2.1%197.7K-13.0M-111.9K5.1372.59N/AN/A2412316,60985,353
2024-03-07$26.62$25.0029.2%7.6%35.5%29.2%26.4%2.0%1.2%434.3K-19.1M-102.6K0.0977.09N/AN/A5534716,63385,457
2024-03-08$26.52$25.0028.2%7.6%35.5%25.0%26.8%0.7%0.9%417.7K-18.4M-101.9K0.1473.47N/AN/A941316,84885,462
2024-03-11$26.24$25.0031.9%7.4%35.9%40.5%28.5%1.3%2.1%300.8K-16.0M-102.2K102.7674.08N/AN/A13413,77016,86085,453
2024-03-12$25.99$25.0029.4%7.6%36.0%30.3%27.4%0.3%2.5%-1.1M-8.9M-124.5K27.5277.39N/AN/A2557,01816,93199,153
2024-03-13$25.95$25.0025.0%7.2%32.2%11.8%24.8%1.5%2.5%-1.5M-5.9M-137.4K0.0180.20N/AN/A6,7815216,927105,987
2024-03-14$25.09$25.0025.3%7.2%35.0%15.8%24.6%1.3%2.9%-2.3M9.6M-154.7K0.5848.90N/AN/A1468415,370106,036
2024-03-15$25.31$25.0024.9%7.1%34.8%16.0%25.0%-0.2%2.3%-1.9M5.6M-147.3K0.0361.77N/AN/A120315,373106,085
2024-03-18$25.09$25.0024.6%7.1%34.0%14.5%23.5%1.0%1.8%-2.3M7.4M-140.4K0.1238.39N/AN/A3153915,09239,131
2024-03-19$24.84$25.0023.2%6.6%34.2%6.0%23.4%0.9%3.5%-2.8M11.6M-142.8K3.6546.56N/AN/A207315,26939,161
2024-03-20$25.84$25.0023.0%6.6%36.7%5.2%23.7%0.6%2.5%-868.4K-4.6M-120.6K0.6853.45N/AN/A60041015,27739,205
2024-03-21$25.69$25.0023.3%6.7%26.7%7.1%23.3%0.4%2.7%-1.1M-2.3M-121.5K1.4157.52N/AN/A9413315,77539,621
2024-03-22$25.48$25.0023.6%6.8%26.8%8.6%22.5%1.0%2.3%-1.5M402.4K-124.0K3.4634.65N/AN/A7425615,75039,731
2024-03-25$25.39$25.0023.4%6.7%25.9%7.5%24.0%-0.2%3.4%-1.7M1.7M-123.1K0.0644.13N/AN/A1,1476615,79639,874
2024-03-26$25.44$25.0022.5%6.4%25.9%2.2%23.0%0.5%4.1%-1.4M-1.3M-119.2K0.3652.09N/AN/A1364916,84939,907
2024-03-27$25.76$25.0022.4%6.4%25.9%1.7%22.3%0.7%2.4%-672.3K-5.4M-113.8K1.0365.57N/AN/A586016,97639,926
2024-03-28$26.02$25.0021.5%6.2%25.9%0.0%21.8%0.2%3.8%205.3K-11.0M-101.0K0.2853.54N/AN/A1093017,02239,957