HEZU Options History — March 2024

In March 2024, HEZU traded between $35.11 and $36.78. ATM implied volatility averaged 18.0%, placing in the 8.6% IV rank vs the trailing year. The 30-day expected move averaged 4.1%. IV traded above realized volatility by 8.8% (HV 20d: 9.2%). Max pain ranged from $34.00 to $36.00. Net GEX was positive for 10 of 20 trading days. Term structure was in contango for 8 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2024-03-18: Highest Volume — 287 contracts
  • 2024-03-08: Largest IV spike — 163.7% change
  • 2024-03-08: Highest IV Rank — 21.1%
  • 2024-03-18: Largest Expected Move — 6.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$35.95$35.11$36.78$35.32$36.78
Max Pain$35.78$34.00$36.00$34.00$36.00
ATM IV18.0%8.7%37.2%22.1%11.7%
Expected Move4.1%2.5%6.4%6.3%3.4%
HV 20d9.2%8.0%11.2%9.0%8.2%
HV 60d9.8%9.5%10.1%9.5%9.5%
IV Rank8.6%1.5%21.1%10.5%4.2%
IV Percentile27.4%1.2%56.7%36.1%11.5%
Term Structure-1.3%-20.8%10.2%-20.8%7.2%
VWIV23.1%23.1%23.1%23.1%23.1%
Skew 25d-0.0%-14.5%10.1%-14.5%-1.0%
Skew 10d-1.8%-11.3%6.8%-2.2%1.8%
Call IV 25d14.7%8.4%28.4%28.4%11.9%
Put IV 25d14.6%9.3%25.9%13.9%10.9%
Bid-Ask Spread %148.04140.37170.15151.69148.02
Gamma HHI0.660.420.940.510.94
Net GEX37.1K-5.1K127.1K-3.5K89.6K
Net DEX-304.8K-875.0K-3.0K-8.3K-836.2K
Net VEX-536-1.3K-100-201-895
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume14.35028700
Total OI170.554232967329

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-03-01$35.32$34.0022.1%6.3%9.0%10.5%0.0%-14.5%-20.8%-3.5K-8.3K-2010.00151.69N/AN/A001552
2024-03-04$35.35$0.0023.8%2.9%8.9%11.8%0.0%1.0%-1.2%-4.4K-3.0K-2170.00152.09N/AN/A001552
2024-03-05$35.11$0.0012.3%3.1%9.5%3.7%0.0%-2.0%0.4%-5.1K-8.1K-1990.00152.72N/AN/A001552
2024-03-06$35.42$0.0024.6%4.3%9.8%12.3%0.0%9.9%0.4%-3.3K-14.7K-1730.00142.82N/AN/A001552
2024-03-07$35.83$0.0014.1%2.5%10.3%4.9%0.0%0.8%-0.5%-996-33.8K-1170.00141.52N/AN/A001552
2024-03-08$35.58$0.0037.2%3.9%10.9%21.1%0.0%-5.3%-2.8%-3.0K-15.0K-1640.00140.37N/AN/A001552
2024-03-11$35.55$0.0024.3%3.0%10.9%12.1%0.0%-10.2%10.2%-3.7K-13.5K-1870.00144.14N/AN/A001552
2024-03-12$35.91$0.0017.2%2.6%11.2%7.1%0.0%-4.4%2.6%930-31.2K-1250.00146.90N/AN/A001552
2024-03-13$35.97$0.009.9%2.8%9.5%2.0%0.0%3.0%-0.3%-49-37.4K-1000.00141.54N/AN/A001552
2024-03-14$35.83$0.0015.9%4.5%9.3%6.2%0.0%5.1%-5.9%-1.4K-21.7K-1410.00147.32N/AN/A001552
2024-03-15$35.91$0.0020.8%6.0%9.1%12.3%0.0%1.1%-2.6%-2.2K-12.3K-1270.00170.15N/AN/A001552
2024-03-18$35.84$0.0022.2%6.4%9.1%13.6%23.1%-5.0%-3.9%491-25.1K-1500.00144.73N/AN/A28701527
2024-03-19$35.94$36.0011.2%3.2%9.1%3.7%0.0%-1.6%-1.2%127.1K-611.8K-1.3K0.00143.64N/AN/A0030227
2024-03-20$36.25$36.0012.4%3.5%9.3%4.8%0.0%5.1%4.3%116.1K-728.7K-1.2K0.00147.11N/AN/A0030227
2024-03-21$36.33$36.0017.3%5.0%8.2%9.2%0.0%9.4%-1.4%83.0K-682.6K-1.2K0.00148.53N/AN/A0030227
2024-03-22$36.38$36.0021.1%6.0%8.2%12.6%0.0%10.1%-12.6%74.7K-684.8K-1.2K0.00157.12N/AN/A0030227
2024-03-25$36.41$36.0014.9%4.3%8.0%7.0%0.0%5.8%7.1%101.0K-725.6K-1.1K0.00142.63N/AN/A0030227
2024-03-26$36.50$36.0018.5%5.3%8.0%10.3%0.0%-8.6%-7.2%80.5K-727.0K-1.0K0.00151.16N/AN/A0030227
2024-03-27$36.78$36.008.7%2.5%8.1%1.5%0.0%0.9%1.4%97.2K-875.0K-8480.00146.59N/AN/A0030227
2024-03-28$36.78$36.0011.7%3.4%8.2%4.2%0.0%-1.0%7.2%89.6K-836.2K-8950.00148.02N/AN/A0030227