HEZU Options History — December 2025

In December 2025, HEZU traded between $43.27 and $44.48. ATM implied volatility averaged 22.5%, placing in the 15.9% IV rank vs the trailing year. The 30-day expected move averaged 6.0%. IV traded above realized volatility by 6.1% (HV 20d: 16.4%). Net GEX was positive for 12 of 22 trading days. Term structure was in contango for 0 of 22 days. Put/call ratio averaged 0.00.

Notable Days

  • 2025-12-12: Highest Volume — 15 contracts
  • 2025-12-10: Largest IV drop — 36.9% change
  • 2025-12-09: Highest IV Rank — 26.3%
  • 2025-12-31: Largest Expected Move — 8.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$43.78$43.27$44.48$43.71$43.27
ATM IV22.5%17.9%32.7%25.3%28.0%
Expected Move6.0%5.0%8.0%7.3%8.0%
HV 20d16.4%12.5%18.8%17.8%18.8%
HV 60d16.0%14.9%17.5%16.0%17.5%
IV Rank15.9%11.1%26.3%18.8%21.5%
IV Percentile34.3%15.1%77.8%45.2%65.1%
Term Structure-4.2%-11.5%-1.6%-7.6%-11.5%
Skew 25d-1.8%-4.2%1.9%-3.2%-0.1%
Skew 10d-1.4%-5.4%13.5%-2.2%1.1%
Call IV 25d25.1%19.5%30.1%28.6%30.1%
Put IV 25d23.3%19.3%30.4%25.4%30.0%
Bid-Ask Spread %172.40169.88177.88171.23169.88
Gamma HHI1.001.001.001.001.00
Net GEX1.8K03.7K03.2K
Net DEX-13.0K-31.7K00-21.9K
Net VEX-53-10700-88
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.68201500
Total OI8.182015015

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-12-01$43.71$0.0025.3%7.3%17.8%18.8%0.0%-3.2%-7.6%0000.00171.23N/AN/A0000
2025-12-02$44.07$0.0024.4%7.0%17.3%17.8%0.0%1.9%-1.8%0000.00171.38N/AN/A0000
2025-12-03$43.55$0.0024.5%7.0%17.6%17.9%0.0%0.6%-4.6%0000.00170.52N/AN/A0000
2025-12-04$43.57$0.0026.0%5.3%17.5%19.5%0.0%-0.1%-1.6%0000.00177.21N/AN/A0000
2025-12-05$43.79$0.0024.4%5.0%17.5%17.8%0.0%-2.5%-2.0%0000.00172.09N/AN/A0000
2025-12-08$43.69$0.0028.7%5.3%17.2%22.3%0.0%-2.4%-2.5%0000.00172.75N/AN/A0000
2025-12-09$43.39$0.0032.7%5.8%17.4%26.3%0.0%-2.8%-3.2%0000.00172.98N/AN/A0000
2025-12-10$43.43$0.0020.6%5.9%16.4%13.9%0.0%-2.5%-4.2%0000.00172.86N/AN/A0000
2025-12-11$43.55$0.0017.9%5.1%14.0%11.1%0.0%-3.4%-3.3%0000.00173.22N/AN/A0000
2025-12-12$43.45$0.0020.5%5.9%13.5%13.8%0.0%-4.2%-4.2%0000.00172.73N/AN/A15000
2025-12-15$43.60$0.0018.7%5.4%12.5%12.0%0.0%-3.2%-3.4%3.1K-20.0K-960.00171.62N/AN/A00150
2025-12-16$44.37$0.0019.8%5.7%13.5%13.0%0.0%-1.9%-3.5%3.6K-26.1K-1070.00172.35N/AN/A00150
2025-12-17$43.51$0.0019.0%5.4%15.2%12.3%0.0%-3.6%-3.8%3.0K-19.4K-930.00172.25N/AN/A00150
2025-12-18$44.48$0.0019.4%5.6%17.0%12.7%0.0%-1.2%-2.0%3.7K-27.0K-1060.00171.90N/AN/A00150
2025-12-19$44.41$0.0019.2%5.5%16.6%12.5%0.0%-2.4%-3.2%3.7K-26.2K-1040.00171.55N/AN/A00150
2025-12-22$44.34$0.0020.0%5.7%16.6%13.3%0.0%-3.0%-3.7%3.7K-25.3K-1000.00171.96N/AN/A00150
2025-12-23$43.66$0.0021.0%6.0%17.6%14.3%0.0%-1.2%-4.5%3.2K-22.5K-980.00172.34N/AN/A00150
2025-12-24$43.51$0.0019.8%5.7%17.6%13.1%0.0%-1.3%-5.1%3.1K-21.4K-930.00171.84N/AN/A00150
2025-12-26$43.82$0.0020.6%5.9%15.9%14.0%0.0%-1.3%-4.9%3.3K-23.5K-960.00170.82N/AN/A00150
2025-12-29$43.55$0.0022.1%6.3%16.1%15.5%0.0%-1.9%-7.0%3.2K-21.3K-890.00171.49N/AN/A00150
2025-12-30$44.34$0.0022.9%6.6%16.9%16.3%0.0%0.8%-5.0%2.9K-31.7K-1000.00177.88N/AN/A00150
2025-12-31$43.27$0.0028.0%8.0%18.8%21.5%0.0%-0.1%-11.5%3.2K-21.9K-880.00169.88N/AN/A00150