HEZU Options History — April 2023

In April 2023, HEZU traded between $31.41 and $32.20. ATM implied volatility averaged 34.9%, placing in the 16.2% IV rank vs the trailing year. The 30-day expected move averaged 7.5%. IV traded above realized volatility by 20.6% (HV 20d: 14.3%). Max pain ranged from $31.56 to $31.56. Net GEX was positive for 7 of 19 trading days. Term structure was in contango for 13 of 19 days. Put/call ratio averaged 0.00.

Notable Days

2023-04-25: Highest Volume — 10 contracts
2023-04-28: Largest IV spike — 316.1% change
2023-04-11: Highest IV Rank — 48.9%
2023-04-04: Largest Expected Move — 18.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$31.88	$31.41	$32.20	$31.55	$32.06
Max Pain	$31.56	$31.56	$31.56	$31.56	$31.56
ATM IV	34.9%	11.4%	81.0%	40.5%	50.5%
Expected Move	7.5%	3.3%	18.4%	11.6%	14.5%
HV 20d	14.3%	9.0%	21.0%	21.0%	9.0%
HV 60d	14.6%	14.4%	15.0%	15.0%	14.7%
IV Rank	16.2%	0.0%	48.9%	18.8%	28.3%
IV Percentile	36.8%	0.0%	96.8%	59.5%	75.0%
Term Structure	6.8%	-16.5%	21.7%	-4.4%	-2.2%
Skew 25d	25.9%	-30.6%	81.5%	59.3%	-28.2%
Skew 10d	52.7%	-8.7%	114.1%	76.3%	52.4%
Call IV 25d	26.6%	15.0%	61.0%	21.6%	37.4%
Put IV 25d	52.5%	9.2%	99.8%	80.9%	9.2%
Bid-Ask Spread %	128.27	111.69	148.68	145.97	128.71
Gamma HHI	0.51	0.37	0.59	0.50	0.42
Net GEX	-37	-644	608	-5	608
Net DEX	-3.7K	-12.4K	-482	-482	-11.4K
Net VEX	-49	-89	-34	-38	-87
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	0.684	0	10	0	0
Total OI	9.105	8	16	8	16

Daily Data (19 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	Put OI
2023-04-03	$31.55	$0.00	40.5%	11.6%	21.0%	18.8%	0.0%	59.3%	-4.4%	-5	-482	-38	145.97	N/A	N/A	0	6	2
2023-04-04	$31.43	$0.00	64.3%	18.4%	20.9%	36.5%	0.0%	74.9%	-16.5%	-91	-865	-40	140.43	N/A	N/A	0	6	2
2023-04-05	$31.41	$0.00	56.6%	16.2%	20.8%	30.8%	0.0%	81.5%	-8.6%	104	-3.3K	-51	143.82	N/A	N/A	0	6	2
2023-04-06	$31.59	$31.56	57.1%	4.7%	20.3%	31.2%	0.0%	24.2%	9.7%	-26	-1.6K	-44	123.11	N/A	N/A	0	6	2
2023-04-10	$31.73	$31.56	71.9%	3.7%	19.6%	42.2%	0.0%	36.3%	16.3%	-43	-3.0K	-49	130.97	N/A	N/A	0	6	2
2023-04-11	$31.73	$31.56	81.0%	4.5%	18.3%	48.9%	0.0%	8.6%	10.6%	-162	-3.1K	-47	116.74	N/A	N/A	0	6	2
2023-04-12	$31.74	$31.56	17.4%	5.0%	17.8%	1.5%	0.0%	33.3%	9.3%	16	-3.0K	-48	123.67	N/A	N/A	0	6	2
2023-04-13	$31.99	$31.56	11.5%	3.3%	15.2%	0.0%	0.0%	-30.6%	21.2%	-412	-4.2K	-50	148.68	N/A	N/A	0	6	2
2023-04-14	$32.08	$31.56	31.4%	9.0%	14.5%	14.4%	0.0%	21.9%	-1.8%	-117	-3.7K	-47	127.40	N/A	N/A	0	6	2
2023-04-17	$31.98	$31.56	11.8%	3.4%	12.3%	0.2%	0.0%	36.9%	11.2%	-376	-735	-34	127.30	N/A	N/A	0	6	2
2023-04-18	$32.14	$31.56	34.9%	10.0%	11.8%	17.0%	0.0%	28.2%	3.0%	-416	-3.5K	-44	119.39	N/A	N/A	0	6	2
2023-04-19	$32.19	$31.56	21.2%	6.1%	10.3%	7.0%	0.0%	22.5%	17.9%	295	-3.4K	-44	122.22	N/A	N/A	0	6	2
2023-04-20	$32.00	$31.56	14.1%	4.0%	9.9%	1.9%	0.0%	15.3%	21.7%	-103	-4.3K	-47	126.21	N/A	N/A	0	6	2
2023-04-21	$32.20	$31.56	24.4%	7.0%	9.8%	9.3%	0.0%	32.9%	2.6%	59	-3.4K	-44	121.29	N/A	N/A	0	6	2
2023-04-24	$32.20	$31.56	33.7%	9.7%	9.5%	16.1%	0.0%	-4.7%	-6.8%	-111	-2.1K	-36	122.44	N/A	N/A	0	6	2
2023-04-25	$31.84	$31.56	11.4%	3.3%	10.6%	0.0%	0.0%	59.7%	17.5%	-644	-2.3K	-40	129.63	N/A	N/A	10	6	2
2023-04-26	$31.70	$31.56	16.4%	4.7%	10.5%	3.6%	0.0%	21.2%	13.7%	170	-4.2K	-61	111.69	N/A	N/A	3	11	2
2023-04-27	$32.13	$31.56	12.1%	3.5%	9.4%	0.5%	0.0%	-1.5%	14.6%	557	-12.4K	-89	127.46	N/A	N/A	0	14	2
2023-04-28	$32.06	$31.56	50.5%	14.5%	9.0%	28.3%	0.0%	-28.2%	-2.2%	608	-11.4K	-87	128.71	N/A	N/A	0	14	2