HLN Options Chain, Open Interest, and Volatility Data

HLN Options Open Interest & Strategy Insights

HLN – Top 10 Strike Prices by Open Interest

Strike	Call OI	Put OI	Total OI
12.5	1723	1	1724
10	1216	179	1395
7.5	67	170	237
5	6	1	7
20	2	0	2

HLN – Volatility Metrics & Put/Call Analysis

Put/Call OI Ratio	Put/Call Volume Ratio	Avg Call IV	Avg Put IV	IV Skew
0.27	1.95	44.57%	49.04%	4.47%

Data Analysis

Symbol: HLN Current Price: 9.31
Max Pain: 12.50 (below)

📌 Absolute OI Peak: 12.50 (1724 contracts)
🛡️ Short-term Key Levels: 7.50（237 contracts，minor support） , 5.00（7 contracts，major support） , 10.00（1395 contracts，minor resistance）

📈 Put/Call OI Ratio: 0.27 (bullish, Call OI dominant)
Put/Call Volume Ratio: 1.95 (bearish, Put volume dominant)

📊 Avg Call IV: 44.57%
Avg Put IV: 49.04%
IV Skew: 4.47% (Put IV higher than Call IV by 4.47%, downward expectation slightly stronger)

⚠️ Unusual OI concentration at far OTM strike 12.50 (1724 contracts), sentiment: bullish (Call OI dominant). May reflect speculative bets or hedging demand.

Market Sentiment Based on Options by Expiration Date

Date	Call Volume	Put Volume	Open Interest	Put/Call Ratio	Sentiment
2025-11-21	7	6	1704	0.857	Slight Bullish 📈 (60)
2025-12-19	4	0	16	0.000	Moderate Bullish 📈 (70) ⚠️
2026-02-20	8	11	978	1.375	Slight Bearish 📉 (40)
2026-05-15	5	2	414	0.400	Moderate Bullish 📈 (70)
How the Sentiment Algorithm Works This table evaluates market sentiment based on aggregated options data by expiration date. The key metrics are: Put/Call Ratio (PCR): Indicates the relative activity between put and call options. A high PCR suggests bearish sentiment, while a low PCR indicates bullish sentiment. Open Interest (OI): Represents the number of outstanding contracts. Higher values reflect strong market attention or hedging activity. Unusual activity ⚠️: Days with extremely high PCR or OI are flagged, signaling possible speculative bets or hedging pressures. The sentiment score is computed by combining PCR and OI, then classified into clear labels such as Strong Bullish, Moderate Bullish, Neutral, Moderate Bearish, Strong Bearish. Scores range from 0 to 100, where higher values indicate stronger bullish sentiment and lower values indicate stronger bearish sentiment.