HEZU Options History — March 2021

In March 2021, HEZU traded between $32.42 and $34.25. ATM implied volatility averaged 21.8%, placing in the 5.2% IV rank vs the trailing year. The 30-day expected move averaged 6.1%. IV traded above realized volatility by 11.6% (HV 20d: 10.2%). Max pain ranged from $33.00 to $33.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 11 of 23 days. Put/call ratio averaged 0.00.

Notable Days

2021-03-18: Highest Volume — 1 contracts
2021-03-30: Largest IV spike — 50.6% change
2021-03-02: Highest IV Rank — 9.3%
2021-03-02: Largest Expected Move — 8.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$33.46	$32.42	$34.25	$32.67	$34.25
Max Pain	$33.00	$33.00	$33.00	$33.00	$33.00
ATM IV	21.8%	11.7%	30.3%	25.0%	24.9%
Expected Move	6.1%	3.3%	8.7%	7.2%	7.1%
HV 20d	10.2%	7.9%	12.3%	12.3%	7.9%
HV 60d	13.2%	12.2%	13.7%	13.5%	12.2%
IV Rank	5.2%	0.0%	9.3%	6.4%	7.2%
IV Percentile	16.4%	0.0%	31.3%	21.0%	27.4%
Term Structure	-1.6%	-20.1%	6.8%	-1.5%	-12.4%
VWIV	24.4%	24.4%	24.4%	24.4%	24.4%
Skew 25d	5.9%	-9.7%	17.5%	16.2%	5.0%
Skew 10d	3.6%	-18.7%	24.9%	-18.7%	12.5%
Call IV 25d	18.4%	9.9%	27.9%	18.1%	18.5%
Put IV 25d	24.3%	14.7%	34.7%	34.3%	23.5%
Bid-Ask Spread %	134.28	117.67	158.70	127.20	137.04
Gamma HHI	0.48	0.36	0.64	0.50	0.39
Net GEX	285	174	482	283	354
Net DEX	-6.1K	-8.7K	-4.3K	-4.5K	-8.5K
Net VEX	-9	-12	-5	-9	-8
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.00	0.00	0.00	0.00	0.00
Total Volume	0.043	0	1	0	0
Total OI	2.391	2	3	2	3

Daily Data (23 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	Spread %	Call Wall	Put Wall	Call Vol	Call OI
2021-03-01	$32.67	$0.00	25.0%	7.2%	12.3%	6.4%	0.0%	16.2%	-1.5%	283	-4.5K	-9	127.20	N/A	N/A	0	2
2021-03-02	$32.72	$0.00	30.3%	8.7%	11.0%	9.3%	0.0%	16.2%	-9.0%	242	-4.6K	-10	145.15	N/A	N/A	0	2
2021-03-03	$32.60	$0.00	20.3%	5.8%	10.1%	3.8%	0.0%	10.5%	6.8%	181	-4.5K	-10	137.42	N/A	N/A	0	2
2021-03-04	$32.42	$0.00	22.5%	6.9%	10.2%	5.0%	0.0%	5.9%	-0.8%	225	-4.3K	-11	128.71	N/A	N/A	0	2
2021-03-05	$32.67	$0.00	26.2%	5.6%	10.3%	7.0%	0.0%	6.7%	1.5%	209	-4.6K	-10	126.25	N/A	N/A	0	2
2021-03-08	$33.00	$0.00	20.8%	6.1%	10.8%	4.1%	0.0%	11.8%	2.0%	183	-4.6K	-10	120.80	N/A	N/A	0	2
2021-03-09	$33.27	$0.00	24.0%	5.1%	11.1%	5.8%	0.0%	-4.0%	-1.2%	178	-4.7K	-10	134.14	N/A	N/A	0	2
2021-03-10	$33.50	$0.00	22.0%	6.3%	11.2%	4.7%	0.0%	1.4%	0.8%	223	-5.5K	-7	126.18	N/A	N/A	0	2
2021-03-11	$33.65	$0.00	11.7%	3.3%	10.9%	0.0%	0.0%	10.1%	3.6%	196	-5.9K	-5	121.48	N/A	N/A	0	2
2021-03-12	$33.69	$0.00	15.8%	4.5%	10.7%	2.3%	0.0%	5.7%	3.6%	174	-5.4K	-8	148.16	N/A	N/A	0	2
2021-03-15	$33.65	$0.00	13.6%	3.9%	10.7%	1.0%	0.0%	11.0%	3.3%	211	-5.4K	-7	124.82	N/A	N/A	0	2
2021-03-16	$33.75	$0.00	19.7%	5.6%	10.5%	4.3%	0.0%	2.1%	-0.1%	174	-5.2K	-9	129.26	N/A	N/A	0	2
2021-03-17	$33.85	$0.00	24.2%	6.9%	10.4%	6.8%	0.0%	3.1%	-3.1%	270	-5.6K	-6	142.09	N/A	N/A	0	2
2021-03-18	$33.62	$0.00	19.0%	5.4%	10.4%	4.0%	24.4%	8.3%	4.4%	175	-5.2K	-8	134.50	N/A	N/A	1	2
2021-03-19	$33.67	$33.00	21.1%	6.0%	10.4%	5.1%	0.0%	9.6%	5.7%	383	-7.3K	-12	131.33	N/A	N/A	0	3
2021-03-22	$33.62	$33.00	28.4%	8.1%	10.2%	9.1%	0.0%	-9.7%	-20.1%	326	-7.3K	-11	158.70	N/A	N/A	0	3
2021-03-23	$33.40	$33.00	26.8%	7.7%	10.6%	8.2%	0.0%	17.5%	-1.5%	390	-7.1K	-11	146.79	N/A	N/A	0	3
2021-03-24	$33.47	$33.00	20.9%	6.0%	10.4%	5.0%	0.0%	0.6%	-3.0%	482	-7.6K	-9	135.19	N/A	N/A	0	3
2021-03-25	$33.72	$33.00	20.9%	6.0%	8.6%	5.0%	0.0%	14.0%	0.1%	464	-7.8K	-9	139.94	N/A	N/A	0	3
2021-03-26	$33.97	$33.00	27.3%	7.8%	8.8%	8.5%	0.0%	-6.5%	-14.6%	372	-8.2K	-8	139.36	N/A	N/A	0	3
2021-03-29	$34.07	$33.00	14.5%	4.1%	8.1%	1.5%	0.0%	-0.0%	1.5%	462	-8.6K	-8	117.67	N/A	N/A	0	3
2021-03-30	$34.25	$33.00	21.8%	6.2%	8.1%	5.5%	0.0%	1.1%	-3.0%	388	-8.7K	-7	136.32	N/A	N/A	0	3
2021-03-31	$34.25	$33.00	24.9%	7.1%	7.9%	7.2%	0.0%	5.0%	-12.4%	354	-8.5K	-8	137.04	N/A	N/A	0	3