HEZU Options History — May 2021

In May 2021, HEZU traded between $34.70 and $36.10. ATM implied volatility averaged 22.5%, placing in the 7.6% IV rank vs the trailing year. The 30-day expected move averaged 5.9%. IV traded above realized volatility by 8.2% (HV 20d: 14.3%). Max pain ranged from $34.00 to $35.00. Net GEX was positive for 6 of 20 trading days. Term structure was in contango for 2 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2021-05-04: Highest Volume — 2 contracts
  • 2021-05-10: Largest IV spike — 226.1% change
  • 2021-05-11: Highest IV Rank — 29.9%
  • 2021-05-11: Largest Expected Move — 11.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$35.45$34.70$36.10$35.27$36.10
Max Pain$34.75$34.00$35.00$34.00$35.00
ATM IV22.5%7.6%63.9%17.1%19.4%
Expected Move5.9%3.6%11.2%4.9%5.6%
HV 20d14.3%11.9%15.4%12.1%14.7%
HV 60d12.1%10.7%12.8%10.7%12.1%
IV Rank7.6%0.0%29.9%3.4%6.2%
IV Percentile24.4%0.0%88.9%7.9%16.7%
Term Structure-4.4%-12.8%4.6%-1.0%-2.6%
VWIV27.6%18.8%38.2%38.2%26.0%
Skew 25d3.1%-10.8%13.8%-10.8%9.0%
Skew 10d0.9%-15.9%10.5%-11.3%10.5%
Call IV 25d21.0%10.3%45.8%27.9%19.5%
Put IV 25d24.1%12.6%49.6%17.1%28.5%
Bid-Ask Spread %139.32115.30172.75129.04131.07
Gamma HHI0.600.280.950.950.33
Net GEX-399-1.1K377-736324
Net DEX-9.6K-13.9K-4.8K-8.8K-9.8K
Net VEX-29-40-21-28-23
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.20200
Total OI8.741195

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-05-03$35.27$34.0017.1%4.9%12.1%3.4%0.0%-10.8%-1.0%-736-8.8K-280.00129.04N/AN/A0045
2021-05-04$34.70$34.0023.6%6.8%11.9%6.9%38.2%-4.1%-12.8%-991-4.8K-350.00133.25N/AN/A2045
2021-05-05$35.27$34.0023.1%6.6%13.2%6.6%0.0%-1.6%-12.4%-508-11.6K-330.00129.03N/AN/A0055
2021-05-06$35.40$0.0023.1%4.2%13.3%6.6%0.0%9.0%1.3%-657-11.0K-350.00127.48N/AN/A0055
2021-05-07$35.65$0.007.6%3.6%13.4%0.0%0.0%13.8%4.6%-391-13.7K-280.00131.60N/AN/A0055
2021-05-10$35.40$0.0024.9%4.6%13.7%9.2%0.0%1.8%-4.5%-589-11.2K-310.00158.86N/AN/A0055
2021-05-11$34.93$0.0063.9%11.2%14.5%29.9%0.0%3.8%-8.4%-105-5.4K-400.00172.75N/AN/A0055
2021-05-12$34.74$0.0022.5%6.5%14.6%7.9%0.0%8.7%-1.8%-640-7.1K-360.00144.32N/AN/A0055
2021-05-13$35.15$0.0017.3%5.0%15.0%5.1%0.0%10.7%-2.4%-1.1K-10.9K-310.00124.22N/AN/A0055
2021-05-14$35.66$0.0018.8%5.4%15.4%6.0%0.0%-5.8%-10.6%-563-12.9K-270.00146.56N/AN/A0055
2021-05-17$35.57$0.0018.4%5.3%15.3%5.7%18.8%5.7%-0.6%-611-12.2K-270.00135.55N/AN/A0155
2021-05-18$35.47$35.0014.5%4.1%14.1%3.6%0.0%2.3%-0.6%-820-11.9K-280.00115.30N/AN/A0056
2021-05-19$35.08$35.0025.4%7.3%14.4%9.4%0.0%4.4%-2.7%-645-7.1K-310.00153.17N/AN/A0056
2021-05-20$35.50$35.0020.0%5.7%15.0%6.6%0.0%4.5%-1.5%-753-10.2K-270.00145.59N/AN/A0056
2021-05-21$35.69$35.0018.1%5.2%15.0%5.6%0.0%3.1%-3.0%148-13.9K-230.00160.34N/AN/A0056
2021-05-24$35.90$35.0019.3%5.5%15.1%6.2%0.0%8.3%-1.8%106-7.2K-230.00134.17N/AN/A0031
2021-05-25$35.84$35.0024.4%7.0%15.2%8.9%0.0%2.4%-10.6%128-7.1K-210.00150.46N/AN/A0031
2021-05-26$35.85$35.0025.9%7.4%15.2%9.7%26.0%-0.6%-11.5%88-6.7K-250.00134.14N/AN/A1031
2021-05-27$35.89$35.0022.7%6.5%15.1%8.0%0.0%-2.4%-5.0%377-8.9K-260.00129.42N/AN/A0041
2021-05-28$36.10$35.0019.4%5.6%14.7%6.2%0.0%9.0%-2.6%324-9.8K-230.00131.07N/AN/A0041