HEZU Options History — February 2024

In February 2024, HEZU traded between $33.81 and $35.18. ATM implied volatility averaged 15.1%, placing in the 5.2% IV rank vs the trailing year. The 30-day expected move averaged 3.9%. IV traded above realized volatility by 5.4% (HV 20d: 9.7%). Max pain ranged from $34.00 to $34.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 10 of 20 days.

Notable Days

  • 2024-02-05: Highest Volume — 14 contracts
  • 2024-02-06: Largest IV spike — 100.6% change
  • 2024-02-27: Highest IV Rank — 12.7%
  • 2024-02-27: Largest Expected Move — 7.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$34.46$33.81$35.18$33.97$35.18
Max Pain$34.00$34.00$34.00$34.00$34.00
ATM IV15.1%7.0%25.2%22.0%19.7%
Expected Move3.9%2.0%7.2%3.3%5.6%
HV 20d9.7%9.1%10.6%10.6%9.1%
HV 60d9.4%8.7%9.7%9.4%9.5%
IV Rank5.2%0.0%12.7%9.6%8.9%
IV Percentile17.3%0.0%39.3%29.0%32.5%
Term Structure6.0%-16.3%74.7%0.4%-16.3%
Skew 25d1.2%-16.4%5.7%-2.2%-16.4%
Skew 10d-0.2%-10.7%4.5%1.8%-0.1%
Call IV 25d13.6%5.7%30.8%14.0%30.8%
Put IV 25d14.8%6.6%30.1%11.8%14.5%
Bid-Ask Spread %136.21110.08158.96121.45154.16
Gamma HHI0.480.380.600.440.51
Net GEX-10.2K-18.4K-3.9K-11.4K-4.1K
Net DEX28.6K-4.3K73.6K39.8K-2.4K
Net VEX-300-392-218-331-218
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume0.701400
Total OI80.567937967

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-02-01$33.97$34.0022.0%3.3%10.6%9.6%0.0%-2.2%0.4%-11.4K39.8K-3310.00121.45N/AN/A001564
2024-02-02$33.92$34.0015.5%2.9%10.6%5.0%0.0%4.6%1.9%-12.1K39.5K-3230.00120.95N/AN/A001564
2024-02-05$33.95$34.0012.1%2.8%10.6%2.6%0.0%-0.4%-0.1%-11.8K44.6K-2980.00110.08N/AN/A0141564
2024-02-06$34.05$34.0024.3%3.6%10.2%11.3%0.0%2.3%-0.3%-12.4K46.1K-3670.00127.78N/AN/A001578
2024-02-07$34.03$34.009.7%2.8%9.6%0.9%0.0%2.8%1.5%-17.0K62.6K-3920.00112.16N/AN/A001578
2024-02-08$34.11$34.0011.5%3.3%9.6%2.2%0.0%4.1%-0.2%-14.3K52.5K-3750.00138.15N/AN/A001578
2024-02-09$34.25$34.009.5%2.7%9.5%0.8%0.0%2.9%2.7%-11.5K30.0K-3370.00138.09N/AN/A001578
2024-02-12$34.28$34.0010.6%3.0%9.5%1.5%0.0%4.1%2.4%-11.3K35.2K-3390.00132.98N/AN/A001578
2024-02-13$33.81$34.0011.9%3.4%10.0%2.4%0.0%4.4%-2.4%-16.4K73.6K-3450.00134.70N/AN/A001578
2024-02-14$34.19$34.008.7%2.5%10.0%0.2%0.0%-1.1%2.0%-18.4K49.6K-3320.00122.58N/AN/A001578
2024-02-15$34.47$34.007.0%2.0%9.4%0.0%0.0%0.9%74.7%-14.5K33.0K-3040.00128.16N/AN/A001578
2024-02-16$34.41$34.0011.2%3.2%9.6%2.9%0.0%4.4%73.1%-13.4K31.7K-3040.00124.19N/AN/A001578
2024-02-20$34.47$34.0013.1%3.8%9.5%4.2%0.0%1.1%-2.6%-7.5K25.1K-2910.00147.82N/AN/A001552
2024-02-21$34.61$34.0021.1%6.0%9.5%9.9%0.0%-1.9%-1.3%-5.5K11.7K-2730.00145.71N/AN/A001552
2024-02-22$35.11$34.0016.3%4.7%9.6%6.5%0.0%5.7%-0.1%-4.0K-4.3K-2310.00148.03N/AN/A001552
2024-02-23$35.14$34.0020.4%5.9%9.4%9.4%0.0%-2.9%2.4%-4.1K3.9K-2520.00148.04N/AN/A001552
2024-02-26$35.04$34.0020.5%5.9%9.4%9.5%0.0%4.6%-6.3%-4.2K1.6K-2330.00158.96N/AN/A001552
2024-02-27$35.17$34.0025.2%7.2%9.4%12.7%0.0%4.1%-15.9%-3.9K-4.2K-2190.00154.62N/AN/A001552
2024-02-28$35.12$34.0011.8%3.4%9.5%3.4%0.0%3.2%3.5%-5.7K1.5K-2440.00155.67N/AN/A001552
2024-02-29$35.18$34.0019.7%5.6%9.1%8.9%0.0%-16.4%-16.3%-4.1K-2.4K-2180.00154.16N/AN/A001552