HEZU Options History — January 2016

In January 2016, HEZU traded between $23.25 and $25.49. ATM implied volatility averaged 25.9%, placing in the 11.5% IV rank vs the trailing year. The 30-day expected move averaged 9.3%. IV traded above realized volatility by 1.0% (HV 20d: 24.9%). Max pain ranged from $23.86 to $23.86. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 6 of 19 days. Put/call ratio averaged 0.16.

Notable Days

  • 2016-01-26: Highest Volume — 205 contracts
  • 2016-01-12: Largest IV spike — 143.0% change
  • 2016-01-27: Highest IV Rank — 22.8%
  • 2016-01-11: Largest Expected Move — 46.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.27$23.25$25.49$25.49$24.30
Max Pain$23.86$23.86$23.86$23.86$23.86
ATM IV25.9%10.1%46.6%23.5%24.8%
Expected Move9.3%5.8%46.5%5.8%7.1%
HV 20d24.9%21.7%29.0%25.6%29.0%
HV 60d22.4%20.3%23.9%20.4%23.8%
IV Rank11.5%2.9%22.8%10.2%10.9%
IV Percentile65.7%0.7%91.8%62.3%62.8%
Term Structure-1.7%-80.5%112.2%0.2%-1.2%
VWIV25.1%18.9%61.5%25.8%19.6%
Skew 25d6.3%4.0%13.3%6.2%7.1%
Skew 10d10.5%-3.8%14.6%14.6%12.1%
Call IV 25d30.6%18.2%176.4%19.1%19.4%
Put IV 25d36.9%24.3%189.7%25.4%26.6%
Bid-Ask Spread %53.5227.72173.2852.5137.14
Gamma HHI0.380.210.550.290.41
Net GEX17.6K4.0K29.2K21.9K29.2K
Net DEX-133.4K-322.2K-52.6K-175.7K-186.7K
Net VEX-476-848-225-597-657
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.160.001.571.570.00
Total Volume73.9471120511205
Total OI307.316250431269431

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2016-01-04$25.49$23.8623.5%5.8%25.6%10.2%0.0%6.2%0.2%21.9K-175.7K-5970.0052.51N/AN/A01125811
2016-01-05$25.47$23.8624.1%5.9%22.5%10.6%0.0%5.6%0.7%21.5K-172.4K-5630.0054.24N/AN/A01125811
2016-01-06$24.96$23.8627.1%6.2%21.7%12.2%0.0%4.6%0.3%18.5K-139.5K-5150.0043.83N/AN/A01125811
2016-01-07$24.37$23.8625.9%6.6%22.1%11.5%0.0%4.2%-1.4%15.3K-102.1K-4550.0052.65N/AN/A01125811
2016-01-08$24.08$23.8632.2%7.0%21.8%15.0%0.0%4.0%-1.7%14.0K-85.3K-3970.0047.88N/AN/A01125811
2016-01-11$24.38$23.8610.1%46.5%22.4%2.9%0.0%13.3%-80.5%4.0K-322.2K-8480.00173.28N/AN/A01125811
2016-01-12$24.75$23.8624.5%6.2%21.8%10.7%0.0%6.7%-0.7%16.6K-110.7K-3870.0052.04N/AN/A01125811
2016-01-13$24.18$23.8625.1%7.2%23.1%11.1%0.0%4.7%-2.0%14.3K-85.6K-3570.0039.26N/AN/A01125811
2016-01-14$24.43$23.8621.9%6.3%22.4%9.3%0.0%6.5%0.1%15.0K-95.7K-3680.0038.88N/AN/A01125811
2016-01-15$23.53$23.8625.8%7.4%23.9%11.5%25.8%6.5%-2.0%11.2K-52.6K-2931.5727.72N/AN/A71125811
2016-01-19$23.71$23.8624.6%7.1%24.3%10.8%20.4%4.0%112.2%12.0K-82.1K-2710.0042.48N/AN/A2402580
2016-01-20$23.25$23.8630.7%8.8%24.3%14.1%23.0%4.6%-2.9%9.4K-63.2K-2250.0034.56N/AN/A2402500
2016-01-21$23.58$23.8626.9%7.7%25.3%12.1%22.3%7.0%-1.9%10.3K-70.9K-2280.0034.90N/AN/A2402500
2016-01-22$24.36$23.8625.8%7.4%28.4%11.5%18.9%9.5%-1.9%13.5K-107.3K-2640.0035.19N/AN/A19802500
2016-01-25$23.91$23.8625.0%7.2%27.6%11.0%19.9%4.1%-1.3%25.1K-147.2K-5730.0037.27N/AN/A19804240
2016-01-26$24.37$23.8622.5%6.4%28.9%9.7%19.1%9.6%0.2%28.9K-186.3K-6710.0036.08N/AN/A20504240
2016-01-27$24.09$23.8646.6%13.3%29.0%22.8%61.5%4.2%-45.7%28.7K-194.1K-7690.00139.70N/AN/A20504310
2016-01-28$24.01$23.8624.4%7.0%28.4%10.7%20.9%7.7%-2.2%25.6K-154.0K-6110.0037.33N/AN/A20504310
2016-01-29$24.30$23.8624.8%7.1%29.0%10.9%19.6%7.1%-1.2%29.2K-186.7K-6570.0037.14N/AN/A20504310