HEZU Options History — August 2020

In August 2020, HEZU traded between $28.02 and $29.11. ATM implied volatility averaged 32.4%, placing in the 12.6% IV rank vs the trailing year. The 30-day expected move averaged 9.7%. IV traded above realized volatility by 14.6% (HV 20d: 17.8%). Max pain ranged from $29.00 to $29.00. Net GEX was positive for 15 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2020-08-07: Highest Volume — 7 contracts
  • 2020-08-18: Largest IV spike — 143.5% change
  • 2020-08-26: Highest IV Rank — 24.9%
  • 2020-08-26: Largest Expected Move — 15.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$28.51$28.02$29.11$28.02$28.49
Max Pain$29.00$29.00$29.00$29.00$29.00
ATM IV32.4%16.3%55.4%22.6%38.2%
Expected Move9.7%4.7%15.9%6.5%10.9%
HV 20d17.8%14.0%19.2%18.4%14.0%
HV 60d23.4%20.5%26.2%26.2%20.5%
IV Rank12.6%4.0%24.9%7.3%15.6%
IV Percentile35.0%2.4%79.0%7.5%51.6%
Term Structure-1.3%-19.3%20.3%4.7%-0.1%
Skew 25d2.4%-35.5%40.3%22.4%-21.6%
Skew 10d4.3%-31.5%57.1%57.1%1.5%
Call IV 25d42.3%19.9%66.6%39.5%66.6%
Put IV 25d44.7%21.6%68.7%61.9%45.0%
Bid-Ask Spread %156.79110.74189.06114.23154.62
Gamma HHI0.420.280.770.390.77
Net GEX4.8K08.1K6.1K0
Net DEX20.0K038.9K29.9K0
Net VEX-30-690-690
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.3330700
Total OI39.286057570

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-08-03$28.02$29.0022.6%6.5%18.4%7.3%0.0%22.4%4.7%6.1K29.9K-690.00114.23N/AN/A003621
2020-08-04$28.04$29.0016.3%4.7%18.0%4.0%0.0%10.4%20.3%6.6K34.3K-570.00110.74N/AN/A003621
2020-08-05$28.07$29.0017.3%5.0%18.0%4.5%0.0%5.9%13.6%7.2K34.0K-530.00121.37N/AN/A003621
2020-08-06$28.12$0.0018.4%11.9%17.7%5.1%0.0%-19.5%-13.0%7.2K33.1K-540.00138.34N/AN/A003621
2020-08-07$28.12$0.0017.1%8.0%17.3%4.4%0.0%0.1%-3.0%7.6K33.8K-490.00135.70N/AN/A703621
2020-08-10$28.28$0.0020.6%10.1%17.3%6.2%0.0%-6.5%8.7%7.1K32.1K-440.00140.73N/AN/A003321
2020-08-11$28.55$0.0049.7%8.1%17.2%21.8%0.0%4.4%-1.3%5.9K21.8K-550.00140.96N/AN/A003321
2020-08-12$29.06$0.0048.3%13.8%17.8%21.1%0.0%40.3%-9.3%4.0K8.1K-660.00188.87N/AN/A003321
2020-08-13$28.87$0.0021.0%6.0%18.0%6.5%0.0%2.9%18.1%4.4K12.6K-590.00177.44N/AN/A003321
2020-08-14$28.45$0.0021.0%6.0%18.7%6.5%0.0%5.8%0.8%6.5K25.8K-420.00171.93N/AN/A003321
2020-08-17$28.60$0.0021.9%6.3%18.6%7.0%0.0%4.0%-0.6%7.2K23.4K-320.00156.83N/AN/A003321
2020-08-18$28.46$0.0053.4%15.3%18.6%23.8%0.0%3.4%-12.8%7.7K28.6K-240.00189.06N/AN/A003321
2020-08-19$28.54$0.0022.2%6.4%18.7%7.1%0.0%4.8%-1.0%7.7K26.5K-200.00179.72N/AN/A003321
2020-08-20$28.38$0.0040.8%11.7%18.3%17.1%0.0%-5.7%-10.9%8.1K36.3K-60.00147.19N/AN/A003321
2020-08-21$28.26$0.0046.3%13.3%17.9%20.0%0.0%1.3%-10.2%7.3K38.9K-10.00173.12N/AN/A003321
2020-08-24$28.79$0.0038.6%11.1%19.1%15.9%0.0%17.0%-12.8%0000.00172.24N/AN/A0000
2020-08-25$28.84$0.0044.6%12.8%19.0%19.1%0.0%-35.5%-19.3%0000.00154.74N/AN/A0000
2020-08-26$29.11$0.0055.4%15.9%19.2%24.9%0.0%2.4%-3.4%0000.00180.94N/AN/A0000
2020-08-27$28.79$0.0030.8%8.8%17.2%11.7%0.0%4.1%1.5%0000.00168.80N/AN/A0000
2020-08-28$28.80$0.0035.9%10.3%15.4%14.5%0.0%9.8%3.4%0000.00174.93N/AN/A0000
2020-08-31$28.49$0.0038.2%10.9%14.0%15.6%0.0%-21.6%-0.1%0000.00154.62N/AN/A0000