HEZU Options History — November 2025

In November 2025, HEZU traded between $42.15 and $44.41. ATM implied volatility averaged 31.1%, placing in the 24.7% IV rank vs the trailing year. The 30-day expected move averaged 8.4%. IV traded above realized volatility by 13.3% (HV 20d: 17.8%). Max pain ranged from $43.00 to $43.00. Net GEX was positive for 15 of 19 trading days. Term structure was in contango for 0 of 19 days.

Notable Days

  • 2025-11-14: Highest Volume — 1 contracts
  • 2025-11-13: Largest IV spike — 62.4% change
  • 2025-11-28: Highest IV Rank — 34.9%
  • 2025-11-28: Largest Expected Move — 11.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$42.96$42.15$44.41$43.14$43.23
Max Pain$43.00$43.00$43.00$43.00$43.00
ATM IV31.1%18.6%41.0%24.8%41.0%
Expected Move8.4%5.1%11.8%7.1%11.8%
HV 20d17.8%16.0%18.9%16.9%18.3%
HV 60d15.9%15.2%16.9%16.9%15.9%
IV Rank24.7%11.8%34.9%18.3%34.9%
IV Percentile66.1%15.9%90.5%44.4%90.5%
Term Structure-5.0%-7.2%-2.4%-5.0%-6.7%
Skew 25d5.3%-15.8%44.0%0.9%-15.8%
Skew 10d24.9%2.6%46.2%5.1%45.8%
Call IV 25d26.9%11.9%35.2%28.3%35.2%
Put IV 25d32.2%14.5%56.6%29.2%19.5%
Bid-Ask Spread %180.16145.08197.96147.51197.96
Gamma HHI0.900.850.940.890.94
Net GEX3.5K05.3K4.0K0
Net DEX-26.0K-49.7K0-34.5K0
Net VEX-32-640-640
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume0.0530100
Total OI13.368017170

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-11-03$43.14$43.0024.8%7.1%16.9%18.3%0.0%0.9%-5.0%4.0K-34.5K-640.00147.51N/AN/A00161
2025-11-04$42.78$43.0023.3%6.7%17.1%16.7%0.0%0.7%-3.3%4.0K-30.4K-620.00146.35N/AN/A00161
2025-11-05$43.09$43.0023.3%6.7%17.1%16.6%0.0%3.0%-2.4%4.3K-33.7K-600.00145.08N/AN/A00161
2025-11-06$42.98$0.0024.4%5.1%17.1%17.9%0.0%-1.5%-4.0%4.2K-32.5K-580.00179.48N/AN/A00161
2025-11-07$42.62$0.0024.6%5.1%16.2%18.0%0.0%-1.6%-3.9%4.2K-28.1K-550.00181.22N/AN/A00161
2025-11-10$42.66$0.0027.3%5.3%16.0%20.8%0.0%-3.4%-5.6%4.2K-28.5K-490.00176.38N/AN/A00161
2025-11-11$43.39$0.0030.9%5.6%17.0%24.5%0.0%-2.4%-6.2%4.4K-37.2K-470.00174.35N/AN/A00161
2025-11-12$44.41$0.0018.6%5.3%18.2%11.8%0.0%-1.3%-4.2%4.0K-49.7K-400.00172.16N/AN/A00161
2025-11-13$43.95$0.0030.2%8.6%18.0%23.7%0.0%44.0%-4.4%4.3K-44.1K-410.00195.56N/AN/A00161
2025-11-14$43.30$0.0032.4%9.3%18.9%26.0%0.0%-3.6%-4.8%5.3K-36.4K-390.00193.69N/AN/A01161
2025-11-17$42.96$0.0033.0%9.5%18.8%26.6%0.0%-13.3%-5.3%4.8K-31.4K-300.00190.24N/AN/A00161
2025-11-18$42.70$0.0032.4%9.3%18.8%26.1%0.0%7.8%-5.5%4.5K-28.2K-260.00188.81N/AN/A00161
2025-11-19$42.78$0.0033.0%9.5%18.6%26.6%0.0%6.6%-5.6%4.5K-29.2K-210.00188.86N/AN/A00161
2025-11-20$42.41$0.0035.9%10.3%18.8%29.6%0.0%12.2%-4.0%4.4K-24.3K-140.00186.23N/AN/A00161
2025-11-21$42.38$0.0037.9%10.9%18.7%31.6%0.0%18.5%-5.5%5.3K-25.2K-30.00188.21N/AN/A00160
2025-11-24$42.15$0.0039.3%11.3%17.3%33.1%0.0%25.2%-6.7%0000.00187.74N/AN/A0000
2025-11-25$42.16$0.0040.9%11.7%17.2%34.8%0.0%23.9%-7.2%0000.00190.51N/AN/A0000
2025-11-26$43.14$0.0038.2%10.9%18.7%32.0%0.0%0.9%-5.3%0000.00192.71N/AN/A0000
2025-11-28$43.23$0.0041.0%11.8%18.3%34.9%0.0%-15.8%-6.7%0000.00197.96N/AN/A0000