HEZU Options History — February 2023

In February 2023, HEZU traded between $30.94 and $31.66. ATM implied volatility averaged 46.0%, placing in the 27.7% IV rank vs the trailing year. The 30-day expected move averaged 12.0%. IV traded above realized volatility by 36.6% (HV 20d: 9.5%). Max pain ranged from $31.56 to $31.56. Net GEX was positive for 13 of 19 trading days. Term structure was in contango for 3 of 19 days.

Notable Days

  • 2023-02-21: Largest IV spike — 93.7% change
  • 2023-02-01: Highest IV Rank — 45.5%
  • 2023-02-01: Largest Expected Move — 18.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$31.29$30.94$31.66$31.06$31.20
Max Pain$31.56$31.56$31.56$31.56$31.56
ATM IV46.0%30.0%65.7%65.7%53.8%
Expected Move12.0%6.8%18.8%18.8%15.4%
HV 20d9.5%7.6%12.2%11.0%12.0%
HV 60d38.3%38.0%39.3%39.3%38.1%
IV Rank27.7%13.3%45.5%45.5%34.8%
IV Percentile67.3%21.8%93.3%93.3%84.5%
Term Structure-5.3%-22.8%27.3%-9.0%22.6%
Skew 25d47.9%20.1%88.4%77.8%88.4%
Skew 10d59.6%32.5%111.6%111.6%94.9%
Call IV 25d30.2%15.4%46.7%46.7%40.9%
Put IV 25d78.2%46.9%129.3%124.5%129.3%
Bid-Ask Spread %148.28140.37157.97140.37153.61
Gamma HHI1.001.001.001.001.00
Net GEX3.2K-52936.0K1.2K-330
Net DEX-12.2K-37.2K3.7K-18.8K3.5K
Net VEX-28-51-11-51-11
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI12.263217172

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-02-01$31.06$31.5665.7%18.8%11.0%45.5%0.0%77.8%-9.0%1.2K-18.8K-510.00140.37N/AN/A00152
2023-02-02$31.30$0.0065.0%8.7%9.5%44.9%0.0%39.4%-11.8%1.8K-15.0K-470.00143.82N/AN/A00152
2023-02-03$31.30$0.0042.7%10.0%9.6%24.7%0.0%53.9%-0.4%5.1K-11.3K-430.00151.97N/AN/A00152
2023-02-06$31.12$0.0034.7%6.8%8.8%17.5%0.0%25.3%-4.9%3.3K-15.6K-440.00144.24N/AN/A00152
2023-02-07$31.27$0.0059.1%9.6%8.9%39.6%0.0%34.2%-7.3%1.3K-20.2K-440.00151.54N/AN/A00152
2023-02-08$31.12$0.0040.3%11.6%9.2%22.6%0.0%20.1%-14.6%1.3K-19.1K-420.00153.81N/AN/A00152
2023-02-09$31.20$0.0050.4%14.5%8.8%31.7%0.0%45.5%-22.8%2.8K-13.1K-370.00144.63N/AN/A00152
2023-02-10$31.05$0.0030.3%8.7%8.8%13.5%0.0%43.0%-16.4%1.2K-18.7K-380.00143.96N/AN/A00152
2023-02-13$31.34$0.0032.1%9.2%9.0%15.2%0.0%38.3%-7.8%1.3K-20.3K-320.00148.07N/AN/A00152
2023-02-14$31.48$0.0038.9%11.2%9.1%21.3%0.0%34.9%-13.8%4.5K-20.0K-300.00149.46N/AN/A00152
2023-02-15$31.63$0.0034.5%9.9%9.0%17.3%0.0%25.1%-14.2%1.5K-22.2K-270.00153.26N/AN/A00152
2023-02-16$31.62$0.0042.4%12.2%7.7%24.5%0.0%66.2%27.3%1.3K-22.4K-220.00150.66N/AN/A00152
2023-02-17$31.66$0.0030.0%8.6%7.6%13.3%0.0%43.3%7.4%36.0K-37.2K-130.00140.61N/AN/A00152
2023-02-21$31.31$0.0058.2%16.7%8.8%38.7%0.0%66.7%-7.4%-3543.6K-120.00147.56N/AN/A0002
2023-02-22$31.18$0.0050.8%14.6%8.9%32.0%0.0%49.9%-7.5%-2543.5K-120.00157.97N/AN/A0002
2023-02-23$31.49$0.0047.1%13.5%9.4%28.7%0.0%58.3%-4.8%-5293.7K-110.00151.33N/AN/A0002
2023-02-24$30.94$0.0037.4%10.7%11.5%19.9%0.0%55.8%-0.7%-2373.5K-120.00143.56N/AN/A0002
2023-02-27$31.31$0.0061.1%17.5%12.2%41.4%0.0%44.9%-15.3%-2493.3K-120.00146.86N/AN/A0002
2023-02-28$31.20$0.0053.8%15.4%12.0%34.8%0.0%88.4%22.6%-3303.5K-110.00153.61N/AN/A0002