HEZU Options History — April 2020

In April 2020, HEZU traded between $22.64 and $26.03. ATM implied volatility averaged 43.9%, placing in the 21.9% IV rank vs the trailing year. The 30-day expected move averaged 12.1%. IV traded below realized volatility by 17.7% (HV 20d: 61.6%). Max pain ranged from $32.17 to $32.17. Net GEX was positive for 8 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2020-04-16: Highest Volume — 78 contracts
  • 2020-04-07: Largest IV spike — 53.9% change
  • 2020-04-07: Highest IV Rank — 37.6%
  • 2020-04-01: Largest Expected Move — 18.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.49$22.64$26.03$22.64$25.34
Max Pain$32.17$32.17$32.17$32.17$32.17
ATM IV43.9%31.9%68.9%65.6%39.4%
Expected Move12.1%9.2%18.8%18.8%11.3%
HV 20d61.6%37.8%93.9%93.6%37.8%
HV 60d59.4%56.8%60.7%56.8%60.7%
IV Rank21.9%14.4%37.6%35.5%19.1%
IV Percentile74.8%53.6%93.7%93.3%69.8%
Term Structure-9.3%-23.3%6.9%-17.9%-6.4%
Skew 25d10.5%-1.9%25.5%7.2%19.3%
Skew 10d9.7%-2.7%16.6%8.0%7.6%
Call IV 25d39.2%29.0%69.4%69.4%29.1%
Put IV 25d49.7%34.0%76.6%76.6%48.4%
Bid-Ask Spread %128.64110.50141.86136.46128.74
Gamma HHI0.540.450.790.500.59
Net GEX-106-516610219-301
Net DEX46.0K38.6K53.7K40.6K53.7K
Net VEX-71-127-24-96-24
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume3.71407800
Total OI102102102102102

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-04-01$22.64$0.0065.6%18.8%93.6%35.5%0.0%7.2%-17.9%21940.6K-960.00136.46N/AN/A008022
2020-04-02$23.21$32.1750.1%13.8%93.9%25.8%0.0%8.2%-9.7%6645.2K-620.00123.97N/AN/A008022
2020-04-03$22.78$32.1754.2%13.0%93.8%28.4%0.0%9.6%-12.1%25344.4K-620.00121.48N/AN/A008022
2020-04-06$24.23$32.1744.8%12.1%91.1%22.5%0.0%15.1%-23.3%60446.2K-640.00119.46N/AN/A008022
2020-04-07$24.32$32.1768.9%13.5%90.3%37.6%0.0%6.5%-3.9%38838.6K-1270.00135.76N/AN/A008022
2020-04-08$24.56$32.1738.0%10.9%88.7%18.2%0.0%13.0%-10.3%9442.0K-1030.00130.33N/AN/A008022
2020-04-09$25.20$32.1738.9%11.1%76.7%18.8%0.0%15.1%-15.7%61043.6K-1020.00123.08N/AN/A008022
2020-04-13$24.77$32.1743.1%12.4%75.3%21.4%0.0%18.0%-20.2%11646.2K-760.00122.71N/AN/A008022
2020-04-14$25.10$32.1731.9%9.2%57.8%14.4%0.0%19.7%2.9%-31550.2K-520.00130.92N/AN/A008022
2020-04-15$24.16$32.1740.9%11.7%57.8%20.1%0.0%0.6%6.9%-31947.6K-550.00131.93N/AN/A008022
2020-04-16$24.15$32.1739.9%11.4%51.5%19.4%0.0%25.5%5.2%-27147.8K-540.00110.50N/AN/A7808022
2020-04-17$24.95$32.1733.1%9.5%48.1%15.1%0.0%10.0%-4.7%-31648.9K-630.00111.60N/AN/A008022
2020-04-20$24.66$32.1737.4%10.7%48.6%17.8%0.0%12.8%-6.2%-27843.1K-910.00125.73N/AN/A008022
2020-04-21$24.20$32.1753.8%15.4%49.2%28.1%0.0%3.2%-17.3%-40642.2K-920.00138.39N/AN/A008022
2020-04-22$24.53$32.1737.0%10.6%42.5%17.6%0.0%9.0%-4.8%-35548.5K-540.00133.99N/AN/A008022
2020-04-23$24.43$32.1754.3%15.6%40.6%28.4%0.0%8.5%-12.7%-29240.8K-950.00141.86N/AN/A008022
2020-04-24$24.69$32.1734.7%10.0%40.7%16.2%0.0%4.7%-12.4%-51642.5K-910.00134.13N/AN/A008022
2020-04-27$25.09$32.1735.5%10.2%38.5%16.6%0.0%11.6%-9.9%-36752.1K-330.00139.19N/AN/A008022
2020-04-28$25.20$32.1736.4%10.4%38.2%17.2%0.0%4.9%-11.8%-38152.3K-330.00138.65N/AN/A008022
2020-04-29$26.03$32.1744.7%12.8%39.4%22.5%0.0%-1.9%-11.4%-46949.3K-700.00122.51N/AN/A008022
2020-04-30$25.34$32.1739.4%11.3%37.8%19.1%0.0%19.3%-6.4%-30153.7K-240.00128.74N/AN/A008022