HEZU Options History — February 2026

In February 2026, HEZU traded between $45.20 and $47.86. ATM implied volatility averaged 22.2%, placing in the 15.5% IV rank vs the trailing year. The 30-day expected move averaged 5.9%. IV traded above realized volatility by 0.2% (HV 20d: 22.0%). Max pain ranged from $45.00 to $45.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 3 of 19 days. Put/call ratio averaged 0.00.

Notable Days

  • 2026-02-11: Highest Volume — 30 contracts
  • 2026-02-11: Largest IV drop — 34.6% change
  • 2026-02-10: Highest IV Rank — 21.8%
  • 2026-02-02: Largest Expected Move — 7.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$46.36$45.20$47.86$46.52$47.17
Max Pain$45.00$45.00$45.00$45.00$45.00
ATM IV22.2%18.5%28.2%25.3%21.3%
Expected Move5.9%5.1%7.2%7.2%6.1%
HV 20d22.0%19.3%24.1%23.1%20.9%
HV 60d19.9%19.3%20.3%19.8%20.3%
IV Rank15.5%11.7%21.8%18.7%14.7%
IV Percentile37.1%17.1%69.0%53.2%31.7%
Term Structure-2.6%-5.8%2.5%-4.6%-3.6%
Skew 25d5.7%-0.2%16.7%2.1%6.1%
Skew 10d17.2%3.1%22.0%7.7%20.8%
Call IV 25d19.1%9.5%28.6%26.4%20.4%
Put IV 25d24.7%21.4%29.5%28.5%26.4%
Bid-Ask Spread %165.11152.92170.18154.14162.94
Gamma HHI0.930.751.001.001.00
Net GEX3.1K1.9K4.8K4.2K2.0K
Net DEX-45.3K-54.7K-36.8K-54.7K-43.9K
Net VEX-131-197-39-55-186
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume1.57903000
Total OI15.73715161615

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-02-02$46.52$45.0025.3%7.2%23.1%18.7%0.0%2.1%-4.6%4.2K-54.7K-550.00154.14N/AN/A00160
2026-02-03$46.24$45.0022.3%6.4%22.4%15.6%0.0%2.4%-3.6%4.3K-51.5K-560.00154.75N/AN/A00160
2026-02-04$45.53$45.0022.8%6.5%23.1%16.2%0.0%0.9%-5.8%4.7K-43.7K-600.00152.92N/AN/A00160
2026-02-05$45.20$0.0025.3%5.4%23.3%18.7%0.0%2.0%-2.6%4.6K-39.8K-580.00169.54N/AN/A00160
2026-02-06$45.55$0.0024.0%5.1%23.4%17.4%0.0%1.7%-2.7%4.7K-43.9K-550.00170.18N/AN/A00160
2026-02-09$45.93$0.0026.7%5.3%23.6%20.2%0.0%5.4%-2.5%4.8K-48.5K-470.00168.67N/AN/A00160
2026-02-10$46.22$0.0028.2%5.4%23.4%21.8%0.0%9.9%-2.4%4.6K-51.6K-430.00169.94N/AN/A00160
2026-02-11$46.32$0.0018.5%5.3%22.7%11.7%0.0%9.9%-2.1%4.7K-53.4K-390.00168.69N/AN/A300160
2026-02-12$45.27$0.0022.5%6.4%24.1%15.9%0.0%-0.2%-5.0%2.1K-36.8K-1950.00169.97N/AN/A00160
2026-02-13$45.69$0.0019.2%5.5%23.5%12.5%0.0%2.6%1.9%2.2K-39.1K-1970.00170.12N/AN/A00160
2026-02-17$45.79$0.0019.7%5.6%23.1%13.0%0.0%3.5%-4.1%2.2K-39.6K-1940.00168.22N/AN/A00160
2026-02-18$46.46$0.0021.2%6.1%20.2%14.5%0.0%11.6%-4.5%2.2K-43.5K-1930.00168.18N/AN/A00160
2026-02-19$46.95$0.0021.1%6.0%19.3%14.4%0.0%7.7%2.5%2.2K-46.4K-1910.00166.25N/AN/A00160
2026-02-20$47.39$0.0019.1%5.5%19.5%12.4%0.0%11.3%-1.8%2.1K-49.2K-1860.00164.67N/AN/A00160
2026-02-23$46.54$0.0020.2%5.8%20.6%13.5%0.0%1.0%-3.5%1.9K-40.5K-1900.00163.66N/AN/A00150
2026-02-24$46.70$0.0020.8%6.0%19.5%14.2%0.0%1.5%2.3%1.9K-41.3K-1870.00165.26N/AN/A00150
2026-02-25$47.86$0.0021.3%6.1%20.8%14.7%0.0%16.7%-3.2%1.9K-47.2K-1830.00164.98N/AN/A00150
2026-02-26$47.58$0.0021.9%6.3%20.8%15.2%0.0%11.4%-4.3%2.0K-46.1K-1820.00163.92N/AN/A00150
2026-02-27$47.17$0.0021.3%6.1%20.9%14.7%0.0%6.1%-3.6%2.0K-43.9K-1860.00162.94N/AN/A00150