HEZU Options History — November 2023

In November 2023, HEZU traded between $30.18 and $32.41. ATM implied volatility averaged 49.0%, placing in the 28.8% IV rank vs the trailing year. The 30-day expected move averaged 13.7%. IV traded above realized volatility by 36.0% (HV 20d: 13.0%). Max pain ranged from $30.00 to $30.00. Net GEX was positive for 7 of 21 trading days. Term structure was in contango for 3 of 21 days.

Notable Days

  • 2023-11-13: Highest Volume — 12 contracts
  • 2023-11-07: Largest IV spike — 434.4% change
  • 2023-11-29: Highest IV Rank — 61.7%
  • 2023-11-29: Largest Expected Move — 27.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$31.49$30.18$32.41$30.18$32.41
Max Pain$30.00$30.00$30.00$30.00$30.00
ATM IV49.0%9.5%95.4%65.8%40.1%
Expected Move13.7%2.7%27.4%18.9%11.5%
HV 20d13.0%10.1%15.7%14.1%10.1%
HV 60d12.9%12.5%13.2%12.5%12.7%
IV Rank28.8%0.8%61.7%40.7%22.5%
IV Percentile61.0%2.0%97.6%89.3%46.0%
Term Structure-7.3%-31.7%20.8%-6.9%-30.1%
Skew 25d44.9%-13.0%73.8%73.8%38.8%
Skew 10d63.7%16.1%91.5%81.7%48.0%
Call IV 25d31.4%11.7%56.4%56.4%20.0%
Put IV 25d76.3%8.6%130.2%130.2%58.8%
Bid-Ask Spread %160.25125.28175.06171.31159.99
Gamma HHI0.620.341.001.000.53
Net GEX-960-3.1K1.7K340-3.1K
Net DEX26.4K-13.1K64.8K-8.4K63.9K
Net VEX-98-172-3-13-125
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume1.23801200
Total OI18.381529526

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-11-01$30.18$30.0065.8%18.9%14.1%40.7%0.0%73.8%-6.9%340-8.4K-130.00171.31N/AN/A0050
2023-11-02$30.77$0.0063.7%19.9%15.7%39.2%0.0%49.9%1.3%366-9.2K-120.00174.16N/AN/A0050
2023-11-03$30.80$0.0066.4%11.7%15.3%41.1%0.0%46.0%-6.3%357-9.2K-120.00175.06N/AN/A0050
2023-11-06$30.61$0.0011.9%6.2%15.3%2.4%0.0%-4.1%-11.0%1.7K-13.1K-60.00125.28N/AN/A0050
2023-11-07$30.61$0.0063.4%13.0%14.6%39.0%0.0%36.9%-6.7%1.7K-13.0K-60.00149.02N/AN/A0150
2023-11-08$30.79$0.0037.1%10.6%14.7%20.3%0.0%17.1%-4.2%1.1K-11.4K-30.00152.18N/AN/A0051
2023-11-09$30.88$0.0043.2%12.4%14.6%24.7%0.0%71.2%-7.2%300-7.2K-140.00171.57N/AN/A01051
2023-11-10$31.08$0.0043.4%12.4%13.9%24.8%0.0%50.2%-6.7%-23313.2K-950.00173.85N/AN/A00511
2023-11-13$31.12$0.0045.7%13.1%13.8%26.4%0.0%52.6%-7.4%-29414.4K-880.00170.01N/AN/A012511
2023-11-14$31.64$0.0043.7%12.5%14.7%25.0%0.0%54.7%-19.9%-1.4K36.5K-1640.00170.84N/AN/A00523
2023-11-15$31.79$0.0044.8%12.8%13.5%25.8%0.0%52.0%-7.9%-1.6K37.7K-1570.00169.32N/AN/A00523
2023-11-16$31.76$0.0045.2%13.0%12.8%26.1%0.0%52.5%20.8%-1.5K39.7K-1370.00170.36N/AN/A01523
2023-11-17$31.98$0.009.5%2.7%12.2%0.8%0.0%10.0%-3.2%-3.0K39.0K-1490.00126.59N/AN/A00524
2023-11-20$32.11$0.0048.9%14.0%12.0%28.7%0.0%57.1%-7.4%-1.7K46.3K-1700.00164.52N/AN/A01024
2023-11-21$31.94$0.0050.0%14.3%12.1%29.5%0.0%58.0%-8.8%-1.8K49.2K-1680.00169.92N/AN/A00025
2023-11-22$32.08$0.0051.0%14.6%11.5%30.2%0.0%59.7%-8.4%-1.8K48.6K-1720.00169.72N/AN/A01025
2023-11-24$32.25$0.0050.1%14.4%11.2%29.6%0.0%58.9%-8.0%-2.6K56.7K-1540.00144.01N/AN/A00026
2023-11-27$32.16$0.0057.5%16.5%10.4%34.8%0.0%67.2%-8.8%-2.2K56.2K-1520.00165.47N/AN/A00026
2023-11-28$32.06$0.0051.9%14.9%10.3%30.9%0.0%53.6%14.3%-2.3K64.8K-1160.00143.28N/AN/A00026
2023-11-29$32.28$0.0095.4%27.4%10.3%61.7%0.0%-13.0%-31.7%-2.5K60.2K-1380.00148.82N/AN/A00026
2023-11-30$32.41$0.0040.1%11.5%10.1%22.5%0.0%38.8%-30.1%-3.1K63.9K-1250.00159.99N/AN/A00026