HUN Options History — May 2024

In May 2024, HUN traded between $23.98 and $25.37. ATM implied volatility averaged 24.0%, placing in the 16.5% IV rank vs the trailing year. The 30-day expected move averaged 6.8%. IV traded above realized volatility by 5.8% (HV 20d: 18.2%). Max pain ranged from $24.00 to $25.00. Net GEX was positive for 3 of 22 trading days. Term structure was in contango for 12 of 22 days. Put/call ratio averaged 65.25.

Notable Days

  • 2024-05-29: Highest Volume — 22,949 contracts
  • 2024-05-03: Largest IV drop — 28.9% change
  • 2024-05-01: Highest IV Rank — 63.0%
  • 2024-05-01: Largest Expected Move — 9.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.85$23.98$25.37$23.98$24.74
Max Pain$24.14$24.00$25.00$25.00$24.00
ATM IV24.0%20.6%32.9%32.9%22.1%
Expected Move6.8%5.9%9.4%9.4%6.4%
HV 20d18.2%16.7%23.0%20.1%18.3%
HV 60d24.5%21.1%28.0%27.3%21.2%
IV Rank16.5%0.0%63.0%63.0%8.3%
IV Percentile15.7%0.0%87.3%87.3%3.2%
Term Structure1.5%-5.1%36.9%-5.1%0.0%
VWIV23.2%18.3%33.0%32.2%22.7%
Skew 25d1.5%-1.4%4.2%0.1%0.4%
Skew 10d0.9%-24.5%15.9%-8.9%3.2%
Call IV 25d22.5%18.5%32.8%32.8%22.7%
Put IV 25d24.0%20.8%33.6%33.0%23.2%
Bid-Ask Spread %81.7153.43125.3595.3486.45
Gamma HHI0.450.170.800.560.46
Net GEX-1.4M-5.4M319.9K-1.1M-5.1M
Net DEX2.9M-6.6M24.5M8.1M13.9M
Net VEX-86.7K-144.8K-53.7K-107.0K-115.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio65.250.011348.940.011.38
Total Volume2,240.53822,94935938
Total OI43,533.36431,98773,39035,77773,390

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-05-01$23.98$25.0032.9%9.4%20.1%63.0%32.2%0.1%-5.1%-1.1M8.1M-107.0K0.0195.34N/AN/A356310,79324,984
2024-05-02$24.24$25.0032.8%9.4%20.0%62.3%33.0%2.0%-4.0%-941.7K7.6M-108.7K4.5095.83N/AN/A18181511,06324,988
2024-05-03$24.61$25.0023.3%6.7%21.0%10.1%23.6%-0.8%1.0%-870.5K2.5M-89.6K0.0782.12N/AN/A9056611,14525,791
2024-05-06$24.74$24.0024.0%6.8%21.1%14.2%23.3%2.9%1.7%-736.9K243.4K-85.7K0.0359.16N/AN/A206711,63225,788
2024-05-07$25.34$24.0024.1%6.8%23.0%14.6%18.3%0.5%1.8%-235.7K-4.8M-75.1K1.4156.40N/AN/A8712311,56925,791
2024-05-08$24.95$24.0023.9%6.7%18.4%13.6%22.1%1.2%1.9%-659.7K-1.1M-81.6K0.1856.85N/AN/A33611,59025,795
2024-05-09$24.88$24.0021.0%6.5%18.4%0.0%21.3%1.9%1.6%-568.6K-1.8M-73.0K0.2353.43N/AN/A801811,60125,800
2024-05-10$24.89$24.0022.4%6.4%17.3%7.9%21.7%2.3%1.9%-483.8K-2.2M-73.6K0.4860.16N/AN/A924411,57425,814
2024-05-13$24.80$24.0026.1%6.6%16.9%27.6%22.8%1.5%1.4%-627.5K-2.3M-66.1K0.0655.91N/AN/A72411,60125,788
2024-05-14$25.13$24.0029.4%6.7%17.3%45.5%22.4%0.3%1.3%-489.7K-2.8M-74.8K1.3373.95N/AN/A17122711,57425,784
2024-05-15$25.16$24.0022.0%6.3%16.7%5.8%20.8%1.8%1.7%-109.7K-5.8M-57.3K0.1376.43N/AN/A3834911,70025,913
2024-05-16$24.93$24.0022.4%6.4%17.3%7.6%22.1%1.4%36.9%-394.1K-3.8M-64.1K0.0994.23N/AN/A2782511,82825,842
2024-05-17$25.20$24.0021.8%6.2%17.4%4.3%21.0%2.0%0.0%236.2K-6.6M-54.6K0.0791.20N/AN/A2071411,83625,842
2024-05-20$25.09$24.0021.1%6.1%16.7%1.0%20.8%3.2%-0.4%103.0K-4.9M-53.7K0.5882.19N/AN/A1,0566098,51923,468
2024-05-21$25.09$24.0020.6%5.9%16.7%0.0%20.8%2.1%-0.1%319.9K-5.3M-60.8K73.9279.78N/AN/A25919,1449,39423,766
2024-05-22$25.37$24.0023.1%6.6%16.7%13.2%22.8%2.3%-1.8%-1.8M3.2M-99.8K0.2393.63N/AN/A222529,52442,864
2024-05-23$25.01$24.0022.7%6.5%17.4%11.1%23.6%-1.4%-1.6%-2.2M7.1M-106.1K0.24125.35N/AN/A72179,66042,872
2024-05-24$24.91$24.0021.6%6.2%17.2%5.3%21.6%2.2%-0.1%-2.4M8.3M-104.0K0.4690.84N/AN/A46219,66642,870
2024-05-28$24.80$24.0023.5%6.7%16.8%15.3%22.5%0.8%-1.7%-2.6M9.4M-99.8K0.1994.52N/AN/A57119,67942,874
2024-05-29$24.27$24.0023.5%6.8%17.9%15.6%24.5%1.3%-1.9%-3.9M19.6M-111.6K1348.94103.70N/AN/A1722,9329,70542,884
2024-05-30$24.61$24.0023.9%6.9%18.6%17.6%25.6%4.2%-0.8%-5.4M24.5M-144.8K1.0990.27N/AN/A1371499,71263,461
2024-05-31$24.74$24.0022.1%6.4%18.3%8.3%22.7%0.4%0.0%-5.1M13.9M-115.7K1.3886.45N/AN/A16229,82963,561