HEZU Options History — February 2021

In February 2021, HEZU traded between $31.48 and $32.89. ATM implied volatility averaged 26.1%, placing in the 7.0% IV rank vs the trailing year. The 30-day expected move averaged 7.1%. IV traded above realized volatility by 10.0% (HV 20d: 16.1%). Max pain ranged from $30.00 to $30.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 7 of 19 days. Put/call ratio averaged 0.00.

Notable Days

  • 2021-02-17: Highest Volume — 2 contracts
  • 2021-02-04: Largest IV spike — 62.5% change
  • 2021-02-01: Highest IV Rank — 15.5%
  • 2021-02-01: Largest Expected Move — 12.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$32.41$31.48$32.89$31.48$32.28
Max Pain$30.00$30.00$30.00$30.00$30.00
ATM IV26.1%16.2%41.8%41.8%32.5%
Expected Move7.1%4.6%12.0%12.0%9.3%
HV 20d16.1%14.0%17.1%16.9%14.0%
HV 60d14.1%13.0%17.0%16.9%13.3%
IV Rank7.0%1.5%15.5%15.5%10.5%
IV Percentile20.0%3.2%47.2%47.2%31.3%
Term Structure0.1%-12.1%60.3%1.3%-6.7%
Skew 25d7.4%-5.5%21.1%2.6%3.9%
Skew 10d-2.1%-19.4%23.8%-3.3%4.7%
Call IV 25d23.0%9.4%51.6%51.6%35.1%
Put IV 25d30.4%19.9%54.2%54.2%39.0%
Bid-Ask Spread %141.16117.47171.80148.50162.38
Gamma HHI0.440.350.600.350.51
Net GEX301195502346202
Net DEX-7.0K-11.1K-4.2K-5.6K-4.2K
Net VEX-10-13-7-12-11
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.1050200
Total OI2.8422432

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-02-01$31.48$30.0041.8%12.0%16.9%15.5%0.0%2.6%1.3%346-5.6K-120.00148.50N/AN/A0030
2021-02-02$31.95$30.0022.7%6.5%17.1%5.1%0.0%-0.1%2.6%445-6.7K-110.00152.44N/AN/A0030
2021-02-03$32.08$30.0016.2%4.6%17.1%1.5%0.0%15.3%2.2%394-7.3K-90.00134.69N/AN/A0030
2021-02-04$32.31$0.0026.3%9.0%17.1%7.0%0.0%16.2%-10.3%369-7.2K-100.00138.80N/AN/A0030
2021-02-05$32.36$0.0035.8%4.7%16.8%12.3%0.0%4.8%-2.7%352-7.1K-100.00120.10N/AN/A0030
2021-02-08$32.50$0.0028.7%6.8%16.7%8.4%0.0%13.7%-11.3%338-7.7K-90.00122.78N/AN/A0030
2021-02-09$32.48$0.0033.1%7.7%16.4%10.8%0.0%5.4%-2.7%306-8.0K-80.00126.37N/AN/A0030
2021-02-10$32.27$0.0026.8%7.7%16.6%7.3%0.0%-5.5%-11.4%502-7.8K-80.00141.61N/AN/A0030
2021-02-11$32.50$0.0024.4%7.0%16.7%6.0%0.0%11.3%3.1%236-8.2K-70.00124.60N/AN/A0030
2021-02-12$32.68$0.0024.1%6.9%16.7%5.9%0.0%7.0%-1.0%294-7.9K-80.00123.16N/AN/A0030
2021-02-16$32.89$0.0019.5%5.6%15.9%3.3%0.0%9.5%0.2%235-8.3K-70.00117.47N/AN/A0030
2021-02-17$32.77$0.0017.5%5.0%16.0%2.3%0.0%12.5%4.8%263-8.1K-70.00119.58N/AN/A2030
2021-02-18$32.56$0.0026.6%7.6%16.0%7.2%0.0%21.1%60.3%356-9.3K-130.00127.93N/AN/A0040
2021-02-19$32.66$0.0026.8%7.7%16.0%7.4%0.0%12.0%-12.1%212-11.1K-110.00163.02N/AN/A0040
2021-02-22$32.52$0.0019.9%5.7%15.9%3.6%0.0%4.2%-3.5%242-4.6K-100.00162.16N/AN/A0020
2021-02-23$32.52$0.0028.2%8.1%15.3%8.1%0.0%3.6%-4.4%198-4.4K-110.00163.04N/AN/A0020
2021-02-24$32.75$0.0023.5%6.7%15.3%5.5%0.0%1.9%-3.3%195-4.6K-110.00161.55N/AN/A0020
2021-02-25$32.25$0.0022.2%6.4%14.4%4.8%0.0%1.7%-3.4%226-4.3K-110.00171.80N/AN/A0020
2021-02-26$32.28$0.0032.5%9.3%14.0%10.5%0.0%3.9%-6.7%202-4.2K-110.00162.38N/AN/A0020