HEZU Options History — March 2017

In March 2017, HEZU traded between $27.56 and $28.73. ATM implied volatility averaged 22.5%, placing in the 16.7% IV rank vs the trailing year. The 30-day expected move averaged 5.4%. IV traded above realized volatility by 12.7% (HV 20d: 9.9%). Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 14 of 23 days.

Notable Days

  • 2017-03-29: Highest Volume — 50 contracts
  • 2017-03-20: Largest IV spike — 64.7% change
  • 2017-03-14: Highest IV Rank — 49.4%
  • 2017-03-02: Largest Expected Move — 6.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$28.02$27.56$28.73$27.70$28.73
ATM IV22.5%11.9%41.9%22.0%14.8%
Expected Move5.4%3.4%6.6%6.3%4.2%
HV 20d9.9%7.2%10.9%10.6%7.3%
HV 60d9.5%8.8%10.6%10.6%8.8%
IV Rank16.7%0.0%49.4%14.2%5.0%
IV Percentile47.5%0.0%98.8%57.1%0.8%
Term Structure1.2%-5.7%8.4%-5.7%8.4%
Skew 25d1.7%-3.5%4.9%2.6%-3.5%
Skew 10d5.5%0.9%10.0%0.9%6.4%
Call IV 25d19.4%15.9%25.8%25.8%20.6%
Put IV 25d21.1%15.3%28.4%28.4%17.1%
Bid-Ask Spread %151.78133.60167.44160.06146.90
Gamma HHI0.960.501.001.000.54
Net GEX-1.2K-6.0K-717-717-6.0K
Net DEX11.1K7.3K43.8K9.4K43.8K
Net VEX-74-233-54-68-233
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume15.21710501050
Total OI14.34810701070

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-03-01$27.70$0.0022.0%6.3%10.6%14.2%0.0%2.6%-5.7%-7179.4K-680.00160.06N/AN/A010010
2017-03-02$27.62$0.0023.1%6.6%10.7%16.1%0.0%2.2%-1.0%-7239.6K-680.00167.44N/AN/A010010
2017-03-03$27.77$0.0022.9%6.5%10.8%15.7%0.0%2.1%-0.7%-7729.2K-650.00161.91N/AN/A010010
2017-03-06$27.69$0.0019.8%4.8%10.9%10.4%0.0%3.7%3.4%-8048.5K-650.00137.21N/AN/A010010
2017-03-07$27.57$0.0028.2%4.9%9.9%25.2%0.0%0.9%1.7%-7439.5K-670.00164.30N/AN/A010010
2017-03-08$27.56$0.0027.5%4.8%9.9%24.0%0.0%1.7%-1.3%-7898.4K-640.00136.61N/AN/A010010
2017-03-09$27.80$0.0025.7%5.2%10.2%20.7%0.0%2.7%1.2%-8348.3K-620.00133.60N/AN/A010010
2017-03-10$27.85$0.0027.4%4.8%9.9%23.9%0.0%2.6%-0.2%-7978.4K-640.00154.44N/AN/A010010
2017-03-13$27.96$0.0033.1%5.1%10.0%33.9%0.0%1.9%1.7%-8567.7K-600.00163.42N/AN/A010010
2017-03-14$27.82$0.0041.9%5.3%9.9%49.4%0.0%1.7%2.0%-8938.5K-620.00160.56N/AN/A010010
2017-03-15$27.95$0.0019.4%5.6%9.9%9.7%0.0%1.1%1.4%-8069.1K-620.00159.25N/AN/A010010
2017-03-16$28.16$0.0020.4%5.8%10.2%11.4%0.0%2.0%0.6%-9317.8K-570.00155.47N/AN/A010010
2017-03-17$28.22$0.0011.9%3.4%10.0%0.0%0.0%-1.0%5.6%-7307.4K-600.00139.07N/AN/A010010
2017-03-20$28.14$0.0019.6%5.6%10.2%13.1%0.0%2.6%2.8%-8207.9K-590.00160.88N/AN/A010010
2017-03-21$27.93$0.0018.4%5.3%10.5%11.1%0.0%0.1%-0.7%-1.0K7.3K-550.00148.86N/AN/A010010
2017-03-22$28.01$0.0019.8%5.7%10.5%13.5%0.0%0.9%1.8%-8838.6K-590.00156.93N/AN/A010010
2017-03-23$28.10$0.0018.8%5.4%10.5%11.9%0.0%2.0%3.2%-8398.0K-580.00154.77N/AN/A010010
2017-03-24$28.20$0.0018.5%5.3%10.0%11.3%0.0%0.1%-0.6%-7957.3K-550.00140.20N/AN/A010010
2017-03-27$28.19$0.0020.9%6.0%10.0%15.4%0.0%1.9%0.8%-7648.5K-590.00158.99N/AN/A010010
2017-03-28$28.44$0.0021.2%6.1%10.2%16.0%0.0%4.7%-1.2%-8777.5K-540.00139.73N/AN/A010010
2017-03-29$28.44$0.0022.6%6.5%7.3%18.4%0.0%1.4%-3.1%-7287.9K-570.00149.99N/AN/A050010
2017-03-30$28.53$0.0020.0%5.7%7.2%13.8%0.0%4.9%7.5%-3.9K36.2K-1900.00140.32N/AN/A050050
2017-03-31$28.73$0.0014.8%4.2%7.3%5.0%0.0%-3.5%8.4%-6.0K43.8K-2330.00146.90N/AN/A050070