HEZU Options History — May 2020

In May 2020, HEZU traded between $24.40 and $26.98. ATM implied volatility averaged 39.5%, placing in the 19.1% IV rank vs the trailing year. The 30-day expected move averaged 9.2%. IV traded above realized volatility by 8.8% (HV 20d: 30.7%). Max pain ranged from $26.00 to $32.17. Net GEX was positive for 9 of 20 trading days. Term structure was in contango for 14 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2020-05-05: Highest Volume — 5 contracts
  • 2020-05-29: Largest IV spike — 96.5% change
  • 2020-05-12: Highest IV Rank — 41.1%
  • 2020-05-29: Largest Expected Move — 12.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.41$24.40$26.98$24.76$26.88
Max Pain$26.34$26.00$32.17$32.17$26.00
ATM IV39.5%22.2%74.5%36.5%43.7%
Expected Move9.2%6.4%12.5%10.5%12.5%
HV 20d30.7%24.6%38.4%38.4%28.7%
HV 60d61.1%60.7%62.0%60.7%61.1%
IV Rank19.1%8.3%41.1%17.3%21.8%
IV Percentile56.9%11.9%94.8%65.1%76.6%
Term Structure15.4%-21.2%99.0%1.1%4.6%
VWIV32.3%32.3%32.3%32.3%32.3%
Skew 25d9.6%-4.6%25.0%5.7%5.0%
Skew 10d5.5%-15.7%16.8%16.8%14.1%
Call IV 25d29.2%18.1%47.9%37.8%47.9%
Put IV 25d38.8%26.2%52.9%43.5%52.9%
Bid-Ask Spread %143.42111.72165.12111.72162.60
Gamma HHI0.490.400.750.660.48
Net GEX-10-426463-324-238
Net DEX44.6K38.1K51.9K51.9K40.3K
Net VEX-60-96-27-27-72
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.40500
Total OI70.052610710226

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-05-01$24.76$32.1736.5%10.5%38.4%17.3%0.0%5.7%1.1%-32451.9K-270.00111.72N/AN/A008022
2020-05-04$24.70$0.0058.3%10.2%37.6%30.9%0.0%18.8%12.6%-42645.9K-720.00127.16N/AN/A008022
2020-05-05$24.85$0.0049.1%10.8%30.8%25.2%32.3%9.2%10.6%-41149.1K-530.00134.70N/AN/A508022
2020-05-06$24.74$26.0040.0%11.2%30.9%19.4%0.0%25.0%26.7%-8741.2K-840.00139.34N/AN/A008522
2020-05-07$25.10$26.0038.7%7.6%31.1%18.7%0.0%18.5%-4.0%16748.3K-390.00133.36N/AN/A008522
2020-05-08$25.51$26.0049.5%6.8%30.3%25.5%0.0%5.8%-6.6%46349.6K-330.00130.63N/AN/A008522
2020-05-11$25.44$26.0068.3%10.4%29.6%37.2%0.0%3.9%-21.2%-2944.0K-670.00127.06N/AN/A008522
2020-05-12$25.05$26.0074.5%9.5%29.8%41.1%0.0%7.3%-0.1%30048.4K-330.00145.61N/AN/A008522
2020-05-13$24.55$26.0030.3%8.7%27.3%13.4%0.0%18.9%3.3%-645.2K-580.00116.52N/AN/A008522
2020-05-14$24.51$26.0043.3%12.4%27.3%21.5%0.0%16.3%82.4%-5345.6K-550.00140.11N/AN/A308522
2020-05-15$24.40$26.0034.5%9.9%24.6%16.0%0.0%22.5%99.0%3844.1K-620.00141.09N/AN/A008522
2020-05-18$25.69$26.0025.7%7.4%30.5%10.5%0.0%7.4%0.0%19347.1K-510.00156.48N/AN/A00522
2020-05-19$25.20$26.0043.7%12.5%30.6%21.8%0.0%4.8%8.8%-18538.1K-960.00165.12N/AN/A00522
2020-05-20$25.61$26.0023.1%6.6%30.7%8.9%0.0%3.9%25.3%-7139.8K-910.00157.80N/AN/A00522
2020-05-21$25.45$26.0037.8%10.8%30.8%18.1%0.0%0.6%-2.0%-7843.5K-730.00149.03N/AN/A00522
2020-05-22$25.57$26.0023.5%6.7%30.6%9.1%0.0%-4.6%-4.8%27049.1K-290.00156.54N/AN/A00522
2020-05-26$26.30$26.0024.7%7.1%31.7%9.9%0.0%3.0%23.5%21240.6K-680.00156.99N/AN/A00521
2020-05-27$26.88$26.0022.2%6.4%32.4%8.3%0.0%17.4%24.7%1839.3K-730.00157.97N/AN/A00521
2020-05-28$26.98$26.0022.2%6.4%30.5%8.3%0.0%2.1%23.4%4840.4K-650.00158.56N/AN/A00521
2020-05-29$26.88$26.0043.7%12.5%28.7%21.8%0.0%5.0%4.6%-23840.3K-720.00162.60N/AN/A00521