HEZU Options History — April 2024

In April 2024, HEZU traded between $35.53 and $36.97. ATM implied volatility averaged 16.5%, placing in the 8.5% IV rank vs the trailing year. The 30-day expected move averaged 4.2%. IV traded above realized volatility by 6.5% (HV 20d: 10.0%). Max pain ranged from $34.00 to $36.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 0.00.

Notable Days

2024-04-01: Highest Volume — 89 contracts
2024-04-02: Largest IV spike — 71.6% change
2024-04-08: Highest IV Rank — 17.1%
2024-04-19: Largest Expected Move — 5.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$36.14	$35.53	$36.97	$36.97	$35.95
Max Pain	$34.27	$34.00	$36.00	$36.00	$34.00
ATM IV	16.5%	11.0%	26.1%	11.0%	12.8%
Expected Move	4.2%	3.1%	5.8%	3.1%	3.7%
HV 20d	10.0%	8.2%	12.2%	8.2%	11.7%
HV 60d	9.7%	9.2%	10.3%	9.2%	10.3%
IV Rank	8.5%	3.5%	17.1%	3.5%	5.2%
IV Percentile	29.2%	7.9%	50.4%	7.9%	18.7%
Term Structure	2.9%	-10.2%	69.5%	-0.2%	-0.5%
VWIV	11.0%	11.0%	11.0%	11.0%	11.0%
Skew 25d	0.8%	-10.3%	11.8%	2.1%	-10.3%
Skew 10d	-7.0%	-17.8%	13.6%	-4.4%	-17.4%
Call IV 25d	15.8%	9.0%	24.3%	10.4%	24.3%
Put IV 25d	16.7%	11.5%	24.5%	12.5%	14.0%
Bid-Ask Spread %	132.08	123.21	146.60	133.71	129.93
Gamma HHI	0.62	0.46	0.95	0.95	0.66
Net GEX	77.8K	985	188.0K	87.3K	2.9K
Net DEX	-462.6K	-942.0K	-24.3K	-942.0K	-44.8K
Net VEX	-544	-1.2K	-33	-686	-33
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	4.045	0	89	89	0
Total OI	294.318	42	418	329	42

Daily Data (22 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
2024-04-01	$36.97	$36.00	11.0%	3.1%	8.2%	3.5%	11.0%	2.1%	-0.2%	87.3K	-942.0K	-686	133.71	N/A	N/A	89	302	27
2024-04-02	$36.47	$36.00	18.8%	5.4%	10.0%	10.6%	0.0%	1.1%	2.2%	110.6K	-844.9K	-1.2K	145.21	N/A	N/A	0	391	27
2024-04-03	$36.58	$36.00	16.9%	4.8%	9.5%	8.8%	0.0%	10.7%	6.5%	110.6K	-878.4K	-1.1K	146.60	N/A	N/A	0	391	27
2024-04-04	$36.18	$34.00	23.4%	3.9%	10.2%	14.7%	0.0%	1.1%	-0.9%	98.4K	-745.8K	-1.1K	133.80	N/A	N/A	0	391	27
2024-04-05	$36.27	$34.00	19.3%	3.2%	9.4%	11.0%	0.0%	2.6%	2.9%	110.9K	-774.5K	-1.1K	129.82	N/A	N/A	0	391	27
2024-04-08	$36.45	$34.00	26.1%	3.1%	9.1%	17.1%	0.0%	-1.6%	-1.7%	109.8K	-814.6K	-1.0K	130.63	N/A	N/A	0	391	27
2024-04-09	$36.23	$34.00	19.2%	4.0%	9.4%	10.9%	0.0%	1.9%	-3.9%	125.7K	-756.7K	-922	135.54	N/A	N/A	0	391	27
2024-04-10	$36.17	$34.00	16.3%	4.7%	8.8%	8.3%	0.0%	-6.7%	-5.6%	148.0K	-726.2K	-880	132.79	N/A	N/A	0	391	27
2024-04-11	$36.25	$34.00	14.7%	4.2%	8.9%	6.9%	0.0%	1.4%	-10.2%	117.1K	-754.1K	-851	135.46	N/A	N/A	0	391	27
2024-04-12	$35.84	$34.00	11.2%	3.2%	9.7%	3.7%	0.0%	8.5%	8.6%	115.8K	-608.8K	-792	133.85	N/A	N/A	0	391	27
2024-04-15	$35.80	$34.00	18.1%	5.2%	9.7%	9.9%	0.0%	-2.9%	1.4%	188.0K	-501.4K	-557	123.21	N/A	N/A	0	391	27
2024-04-16	$35.75	$34.00	19.3%	5.5%	9.7%	11.0%	0.0%	-1.9%	-5.7%	117.0K	-561.5K	-551	129.64	N/A	N/A	0	391	27
2024-04-17	$35.56	$34.00	12.1%	3.5%	9.8%	4.5%	0.0%	11.8%	-1.1%	129.6K	-460.6K	-420	126.54	N/A	N/A	0	391	27
2024-04-18	$35.61	$34.00	17.8%	5.1%	9.2%	9.6%	0.0%	2.8%	69.5%	126.5K	-483.5K	-333	126.94	N/A	N/A	0	391	27
2024-04-19	$35.53	$34.00	20.2%	5.8%	9.1%	11.8%	0.0%	3.1%	-5.6%	985	-24.3K	-98	131.06	N/A	N/A	0	391	27
2024-04-22	$35.97	$34.00	14.6%	4.2%	10.3%	6.8%	0.0%	1.0%	4.9%	2.5K	-39.5K	-50	129.12	N/A	N/A	0	15	27
2024-04-23	$36.44	$34.00	13.8%	4.0%	11.3%	6.1%	0.0%	-3.8%	2.5%	1.7K	-43.5K	-47	130.69	N/A	N/A	0	15	27
2024-04-24	$36.30	$34.00	14.5%	4.2%	11.4%	6.7%	0.0%	0.2%	0.5%	2.2K	-46.0K	-37	127.04	N/A	N/A	0	15	27
2024-04-25	$36.03	$34.00	14.5%	4.2%	11.3%	6.7%	0.0%	-3.1%	-2.6%	2.3K	-45.2K	-37	128.53	N/A	N/A	0	15	27
2024-04-26	$36.47	$34.00	13.2%	3.8%	12.2%	5.6%	0.0%	-2.0%	0.4%	1.4K	-41.1K	-54	134.49	N/A	N/A	0	15	27
2024-04-29	$36.34	$34.00	15.7%	4.5%	12.0%	7.8%	0.0%	2.3%	2.9%	1.7K	-41.2K	-47	131.11	N/A	N/A	0	15	27
2024-04-30	$35.95	$34.00	12.8%	3.7%	11.7%	5.2%	0.0%	-10.3%	-0.5%	2.9K	-44.8K	-33	129.93	N/A	N/A	0	15	27