HEZU Options History — May 2024

In May 2024, HEZU traded between $35.89 and $37.80. ATM implied volatility averaged 14.5%, placing in the 7.4% IV rank vs the trailing year. The 30-day expected move averaged 3.3%. IV traded above realized volatility by 4.2% (HV 20d: 10.3%). Max pain ranged from $34.00 to $37.00. Net GEX was positive for 6 of 22 trading days. Term structure was in contango for 14 of 22 days. Put/call ratio averaged 0.00.

Notable Days

2024-05-09: Highest Volume — 100 contracts
2024-05-14: Largest IV spike — 153.5% change
2024-05-14: Highest IV Rank — 27.6%
2024-05-03: Largest Expected Move — 8.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$37.16	$35.89	$37.80	$35.89	$37.27
Max Pain	$36.50	$34.00	$37.00	$34.00	$37.00
ATM IV	14.5%	5.4%	37.9%	12.0%	8.1%
Expected Move	3.3%	1.6%	8.1%	3.4%	2.3%
HV 20d	10.3%	8.3%	11.8%	11.6%	8.3%
HV 60d	10.0%	9.7%	10.6%	10.3%	9.8%
IV Rank	7.4%	0.0%	27.6%	4.5%	2.4%
IV Percentile	21.9%	0.0%	67.1%	13.5%	2.0%
Term Structure	1.7%	-17.5%	27.4%	7.5%	11.9%
VWIV	16.2%	13.7%	18.8%	18.8%	13.7%
Skew 25d	1.6%	-8.5%	10.0%	7.5%	-5.0%
Skew 10d	-6.5%	-24.0%	5.9%	-24.0%	-16.0%
Call IV 25d	13.0%	5.8%	30.8%	22.6%	15.1%
Put IV 25d	14.6%	6.4%	30.1%	30.1%	10.2%
Bid-Ask Spread %	146.63	126.16	171.44	139.04	156.70
Gamma HHI	0.58	0.35	0.97	0.56	0.54
Net GEX	-7.9K	-28.6K	23.3K	2.2K	-18.7K
Net DEX	-13.9K	-142.3K	101.3K	-35.8K	63.7K
Net VEX	-623	-1.1K	-30	-52	-820
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	10.273	0	100	0	0
Total OI	171	42	298	42	200

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	Put Vol	Call OI	Put OI
2024-05-01	$35.89	$34.00	12.0%	3.4%	11.6%	4.5%	0.0%	7.5%	7.5%	2.2K	-35.8K	-52	139.04	N/A	N/A	0	0	15	27
2024-05-02	$36.00	$34.00	20.4%	5.8%	11.1%	12.0%	18.8%	10.0%	-8.7%	2.1K	-45.5K	-30	134.26	N/A	N/A	0	56	15	27
2024-05-03	$36.22	$36.00	28.2%	8.1%	11.2%	19.0%	0.0%	-8.0%	-17.5%	-13.9K	50.5K	-208	133.59	N/A	N/A	0	0	15	83
2024-05-06	$36.52	$0.00	11.7%	2.6%	11.5%	4.1%	0.0%	3.0%	5.4%	-17.7K	20.3K	-155	147.19	N/A	N/A	0	0	15	83
2024-05-07	$36.84	$0.00	18.4%	2.3%	11.6%	10.2%	0.0%	8.5%	11.0%	-16.1K	1.0K	-124	136.08	N/A	N/A	0	0	15	83
2024-05-08	$37.05	$0.00	22.6%	2.6%	11.7%	13.9%	0.0%	-2.1%	0.4%	-13.8K	-801	-122	126.16	N/A	N/A	0	0	15	83
2024-05-09	$37.27	$0.00	9.8%	2.3%	11.8%	2.5%	0.0%	3.6%	1.7%	-10.2K	-44.2K	-34	135.07	N/A	N/A	100	0	15	83
2024-05-10	$37.47	$0.00	13.0%	2.5%	10.9%	5.4%	0.0%	0.3%	9.7%	11.9K	-142.3K	-701	145.26	N/A	N/A	0	0	115	83
2024-05-13	$37.43	$0.00	14.9%	2.2%	10.9%	7.1%	0.0%	0.6%	0.3%	16.2K	-126.9K	-596	155.24	N/A	N/A	0	0	115	83
2024-05-14	$37.63	$0.00	37.9%	3.2%	10.9%	27.6%	0.0%	1.5%	-2.8%	19.1K	-141.7K	-632	156.46	N/A	N/A	0	0	115	83
2024-05-15	$37.80	$0.00	5.6%	1.6%	10.5%	0.0%	13.7%	4.7%	0.7%	23.3K	-134.3K	-643	144.88	N/A	N/A	0	70	115	83
2024-05-16	$37.53	$37.00	11.5%	3.3%	11.1%	5.2%	0.0%	6.4%	27.4%	-18.1K	-6.0K	-1.1K	154.64	N/A	N/A	0	0	115	183
2024-05-17	$37.61	$37.00	13.8%	4.0%	10.9%	7.3%	0.0%	9.7%	-7.7%	-16.0K	-4.7K	-1.0K	150.95	N/A	N/A	0	0	115	183
2024-05-20	$37.63	$37.00	5.7%	1.6%	10.4%	0.1%	0.0%	1.7%	8.1%	-15.1K	-35.5K	-921	141.78	N/A	N/A	0	0	100	100
2024-05-21	$37.58	$37.00	5.4%	1.6%	9.6%	0.0%	0.0%	1.5%	2.0%	-18.5K	-34.1K	-965	147.96	N/A	N/A	0	0	100	100
2024-05-22	$37.34	$37.00	11.5%	3.3%	9.8%	5.3%	0.0%	1.4%	6.5%	-9.0K	49.4K	-994	144.94	N/A	N/A	0	0	100	100
2024-05-23	$37.25	$37.00	23.3%	6.7%	9.4%	15.8%	0.0%	0.4%	-4.7%	-1.6K	55.2K	-998	171.44	N/A	N/A	0	0	100	100
2024-05-24	$37.47	$37.00	9.8%	2.8%	8.7%	3.9%	0.0%	0.1%	-2.2%	-12.8K	29.5K	-931	152.45	N/A	N/A	0	0	100	100
2024-05-28	$37.42	$37.00	9.0%	2.6%	8.6%	3.2%	0.0%	-8.5%	-0.2%	-20.5K	4.7K	-978	155.22	N/A	N/A	0	0	100	100
2024-05-29	$37.05	$37.00	18.8%	5.4%	8.4%	11.8%	0.0%	-2.5%	-13.4%	-18.6K	101.3K	-818	143.34	N/A	N/A	0	0	100	100
2024-05-30	$37.16	$37.00	8.1%	2.3%	8.3%	2.3%	0.0%	0.6%	3.1%	-28.6K	70.8K	-836	153.12	N/A	N/A	0	0	100	100
2024-05-31	$37.27	$37.00	8.1%	2.3%	8.3%	2.4%	0.0%	-5.0%	11.9%	-18.7K	63.7K	-820	156.70	N/A	N/A	0	0	100	100