HEZU Options History — December 2019

In December 2019, HEZU traded between $30.85 and $32.09. ATM implied volatility averaged 31.4%, placing in the 18.2% IV rank vs the trailing year. The 30-day expected move averaged 9.4%. IV traded above realized volatility by 18.0% (HV 20d: 13.4%). Max pain ranged from $30.17 to $31.00. Net GEX was positive for 12 of 21 trading days. Term structure was in contango for 6 of 21 days.

Notable Days

  • 2019-12-09: Largest IV spike — 75.8% change
  • 2019-12-04: Highest IV Rank — 30.0%
  • 2019-12-04: Largest Expected Move — 13.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$31.61$30.85$32.09$31.72$31.69
Max Pain$30.59$30.17$31.00$31.00$30.17
ATM IV31.4%17.3%46.1%35.0%42.2%
Expected Move9.4%5.3%13.2%10.0%12.1%
HV 20d13.4%8.2%14.6%8.2%13.4%
HV 60d12.2%10.7%12.6%10.7%11.0%
IV Rank18.2%6.7%30.0%21.1%26.8%
IV Percentile67.8%5.6%94.0%83.3%92.5%
Term Structure-5.6%-15.2%9.3%-11.6%-4.9%
Skew 25d5.4%-14.0%30.4%-12.5%1.5%
Skew 10d10.5%-26.0%39.3%-2.8%3.5%
Call IV 25d29.3%13.8%49.8%44.8%13.8%
Put IV 25d34.7%12.5%51.7%32.4%15.3%
Bid-Ask Spread %183.60158.47196.36190.15192.01
Gamma HHI1.001.001.001.001.00
Net GEX53101.3K1.3K0
Net DEX-10.0K-19.2K0-11.2K0
Net VEX-5-150-150
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI40660

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-12-02$31.72$31.0035.0%10.0%8.2%21.1%0.0%-12.5%-11.6%1.3K-11.2K-150.00190.15N/AN/A0060
2019-12-03$30.85$0.0035.5%10.2%12.2%21.4%0.0%-14.0%4.8%0000.00177.91N/AN/A0000
2019-12-04$31.14$30.1746.1%13.2%12.7%30.0%0.0%12.3%-10.8%708-12.1K-140.00176.84N/AN/A0060
2019-12-05$31.09$0.0025.0%8.9%12.6%12.9%0.0%-9.7%-14.6%1.0K-13.0K-130.00158.47N/AN/A0060
2019-12-06$31.38$0.0017.3%8.8%13.1%6.7%0.0%22.4%-11.4%1.0K-14.6K-110.00166.45N/AN/A0060
2019-12-09$31.18$0.0030.4%9.0%13.2%17.3%0.0%-4.0%-7.4%0-18.7K00.00176.74N/AN/A0060
2019-12-10$31.18$0.0028.4%9.5%13.2%15.7%0.0%-4.5%-15.2%1.3K-15.1K-80.00165.38N/AN/A0060
2019-12-11$31.27$0.0032.5%9.3%13.3%19.1%0.0%12.8%-5.4%785-12.7K-100.00193.24N/AN/A0060
2019-12-12$31.55$0.0033.2%9.5%13.8%19.6%0.0%8.2%-10.5%857-14.2K-90.00181.68N/AN/A0060
2019-12-13$31.71$0.0029.9%8.6%13.9%17.0%0.0%13.1%0.4%884-15.6K-70.00177.70N/AN/A0060
2019-12-16$31.95$0.0032.1%9.2%14.2%18.7%0.0%19.2%-6.8%781-16.0K-50.00195.17N/AN/A0060
2019-12-17$31.87$0.0032.2%9.2%14.2%18.8%0.0%-4.5%-1.7%791-15.3K-50.00195.89N/AN/A0060
2019-12-18$31.80$0.0028.4%8.1%14.2%15.7%0.0%14.7%-11.9%854-16.2K-40.00192.80N/AN/A0060
2019-12-19$31.84$0.0018.4%5.3%14.1%7.6%0.0%-1.4%9.3%792-15.1K-30.00176.06N/AN/A0060
2019-12-20$32.06$0.0024.7%7.1%14.3%12.7%0.0%13.5%5.8%0-19.2K00.00186.72N/AN/A0060
2019-12-23$32.09$0.0030.1%8.6%14.2%17.1%0.0%30.4%0.3%0000.00187.69N/AN/A0000
2019-12-24$31.91$0.0030.0%8.6%14.2%17.0%0.0%6.0%4.2%0000.00185.47N/AN/A0000
2019-12-26$32.02$0.0037.8%10.8%14.3%23.3%0.0%7.2%-11.0%0000.00194.87N/AN/A0000
2019-12-27$31.95$0.0033.8%9.7%14.3%20.1%0.0%0.4%-11.5%0000.00188.02N/AN/A0000
2019-12-30$31.65$0.0037.1%10.6%14.6%22.8%0.0%3.2%-7.0%0000.00196.36N/AN/A0000
2019-12-31$31.69$0.0042.2%12.1%13.4%26.8%0.0%1.5%-4.9%0000.00192.01N/AN/A0000