HEZU Options History — July 2015

In July 2015, HEZU traded between $26.35 and $29.14. ATM implied volatility averaged 30.8%. The 30-day expected move averaged 7.4%. IV traded above realized volatility by 0.2% (HV 20d: 30.6%). Max pain ranged from $29.00 to $29.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 0.10.

Notable Days

  • 2015-07-22: Highest Volume — 130 contracts
  • 2015-07-07: Largest IV spike — 348.0% change
  • 2015-07-07: Largest Expected Move — 20.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$28.11$26.35$29.14$28.19$28.42
Max Pain$29.00$29.00$29.00$29.00$29.00
ATM IV30.8%16.2%145.3%30.1%17.8%
Expected Move7.4%4.6%20.5%8.6%5.1%
HV 20d30.6%24.7%35.9%35.9%24.7%
Term Structure-1.5%-25.0%14.6%-4.6%1.9%
VWIV24.3%15.3%83.5%25.0%15.3%
Skew 25d3.6%-1.5%8.0%8.0%2.1%
Skew 10d6.1%-4.0%18.4%15.5%3.7%
Call IV 25d26.5%13.3%99.1%25.1%14.9%
Put IV 25d30.1%14.7%100.6%33.1%17.0%
Bid-Ask Spread %99.7578.72173.1793.66104.31
Gamma HHI0.980.951.001.000.97
Net GEX11.7K45633.8K1.2K33.8K
Net DEX-70.8K-195.5K-4.8K-10.5K-143.9K
Net VEX-259-575-24-39-485
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.100.000.690.000.03
Total Volume65.3181013010114
Total OI71.0451015210152

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-07-01$28.19$0.0030.1%8.6%0.0%0.0%0.0%8.0%-4.6%1.2K-10.5K-390.0093.66N/AN/A100100
2015-07-02$27.49$0.0032.4%9.3%0.0%0.0%0.0%2.1%-6.1%1.0K-7.5K-350.0090.01N/AN/A100100
2015-07-06$26.69$29.0032.4%7.8%0.0%0.0%25.0%6.0%-3.8%782-4.8K-240.0079.77N/AN/A100100
2015-07-07$26.79$29.00145.3%20.5%0.0%0.0%83.5%5.7%-25.0%456-11.5K-370.00149.85N/AN/A200100
2015-07-08$26.35$29.0038.0%8.6%0.0%0.0%27.2%4.3%-5.1%1.3K-10.2K-690.0081.40N/AN/A200200
2015-07-09$27.01$29.0037.5%8.0%0.0%0.0%25.2%5.0%-4.2%1.6K-14.4K-840.0080.22N/AN/A200200
2015-07-10$28.10$29.0037.0%7.2%0.0%0.0%23.5%5.7%-4.2%2.2K-20.9K-1010.0078.72N/AN/A130200
2015-07-13$28.38$29.0026.2%6.7%0.0%0.0%21.7%5.4%-2.4%2.6K-24.6K-1060.6985.56N/AN/A139210
2015-07-14$28.52$29.0021.6%5.4%0.0%0.0%19.0%3.2%-0.3%2.9K-14.2K-1060.3189.82N/AN/A299214
2015-07-15$28.52$29.0020.5%5.9%0.0%0.0%20.3%7.4%-0.9%4.0K-29.6K-1850.3194.57N/AN/A299334
2015-07-16$29.00$29.0018.5%5.3%0.0%0.0%18.8%5.7%0.1%4.4K-37.2K-1890.2493.63N/AN/A379334
2015-07-17$28.99$29.0017.7%5.1%0.0%0.0%17.8%1.6%0.3%8.7K-62.4K-2520.2499.31N/AN/A379514
2015-07-20$29.14$29.0017.7%5.1%35.9%0.0%17.8%2.3%0.7%8.9K-79.2K-2470.08100.73N/AN/A373510
2015-07-21$28.82$29.0016.3%4.7%34.9%0.0%16.1%0.3%1.0%9.3K-67.8K-2410.0399.21N/AN/A1093510
2015-07-22$28.72$29.0016.2%4.6%33.8%0.0%16.2%4.1%1.5%28.5K-165.1K-5050.02102.71N/AN/A12731320
2015-07-23$28.53$29.0058.0%16.6%32.9%0.0%47.6%1.6%14.6%11.1K-195.5K-5750.02173.17N/AN/A12731500
2015-07-24$28.29$29.0016.8%4.8%32.1%0.0%17.2%-1.3%1.7%28.3K-143.4K-5260.02100.49N/AN/A12731500
2015-07-27$27.75$29.0021.2%6.1%31.9%0.0%21.8%-1.5%-0.6%20.8K-111.6K-4550.0295.61N/AN/A12731500
2015-07-28$28.15$29.0019.5%5.6%26.9%0.0%18.3%5.6%0.8%26.2K-125.8K-4730.0298.88N/AN/A12731500
2015-07-29$28.34$29.0018.9%5.4%27.0%0.0%16.8%5.0%0.4%30.1K-136.8K-4840.03100.41N/AN/A11131500
2015-07-30$28.33$29.0018.9%5.4%26.4%0.0%17.8%0.1%0.5%28.3K-139.9K-4840.03102.45N/AN/A11131520
2015-07-31$28.42$29.0017.8%5.1%24.7%0.0%15.3%2.1%1.9%33.8K-143.9K-4850.03104.31N/AN/A11131520