HTZ Options History — January 2008

In January 2008, HTZ traded between $52.78 and $66.29. ATM implied volatility averaged 63.6%, placing in the 81.0% IV rank vs the trailing year. The 30-day expected move averaged 18.0%. IV traded above realized volatility by 12.9% (HV 20d: 50.7%). Max pain ranged from $54.30 to $76.02. Net GEX was positive for 2 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 3.94.

Notable Days

  • 2008-01-15: Highest Volume — 245 contracts
  • 2008-01-10: Largest IV drop — 21.9% change
  • 2008-01-16: Highest IV Rank — 100.0%
  • 2008-01-16: Largest Expected Move — 21.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$59.69$52.78$66.29$66.29$64.64
Max Pain$61.02$54.30$76.02$76.02$54.30
ATM IV63.6%56.3%74.7%57.9%58.0%
Expected Move18.0%16.1%21.4%16.6%16.6%
HV 20d50.7%39.4%65.7%39.4%65.6%
HV 60d55.5%53.8%58.5%53.8%58.5%
IV Rank81.0%68.5%100.0%71.5%70.5%
IV Percentile95.7%89.7%100.0%95.2%90.1%
Term Structure-0.7%-8.9%4.5%-3.4%3.1%
VWIV65.5%57.1%72.2%57.9%71.2%
Skew 25d8.5%0.4%20.9%8.3%10.6%
Skew 10d16.2%4.4%33.2%18.4%16.4%
Call IV 25d57.8%42.6%66.6%56.0%56.5%
Put IV 25d66.4%61.5%70.1%64.4%67.1%
Bid-Ask Spread %24.0913.9640.3421.9839.86
Gamma HHI0.440.180.730.260.50
Net GEX-15.2K-31.1K1.4K-10.5K-17.2K
Net DEX961.3K330.7K1.6M865.5K377.1K
Net VEX-3.9K-4.6K-3.1K-4.0K-4.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.940.0034.500.001.43
Total Volume27.476024503
Total OI663.667551814551733

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2008-01-02$66.29$76.0257.9%16.6%39.4%71.5%0.0%8.3%-3.4%-10.5K865.5K-4.0K0.0021.98N/AN/A00257294
2008-01-03$64.73$76.0257.9%16.6%39.4%71.5%57.9%20.9%-6.2%-9.2K950.6K-3.8K0.0220.83N/AN/A641257294
2008-01-04$60.95$76.0257.0%16.3%43.2%69.9%0.0%9.7%2.0%-4.1K1.0M-3.9K21.7518.26N/AN/A120299292
2008-01-07$62.08$76.0259.4%16.6%44.5%74.1%0.0%10.0%0.9%-4.8K987.5K-4.1K0.2019.33N/AN/A20300303
2008-01-08$58.34$76.0267.0%17.9%48.1%87.8%58.7%0.4%0.6%-3.5K1.2M-3.3K1.0228.91N/AN/A2424302303
2008-01-09$59.34$65.1672.0%17.9%48.9%96.8%62.0%7.5%0.2%-162881.1K-3.5K1.1727.68N/AN/A67297258
2008-01-10$60.34$54.3056.3%16.1%49.1%68.5%0.0%7.2%2.3%463875.2K-3.5K0.0930.22N/AN/A131298261
2008-01-11$60.60$54.3057.3%16.4%48.2%70.4%57.1%16.4%2.4%1.4K841.4K-3.8K6.0021.64N/AN/A01306261
2008-01-14$58.17$54.3060.3%17.3%49.0%75.7%0.0%4.4%1.0%-1.3K962.4K-3.1K0.0017.58N/AN/A00306262
2008-01-15$57.60$54.3072.7%20.8%47.9%98.0%72.2%7.0%-6.0%-1.5K945.9K-3.1K34.5017.02N/AN/A7238306259
2008-01-16$58.34$65.1674.7%21.4%48.2%100.0%0.0%6.1%-8.9%-26.9K1.4M-4.6K0.0015.70N/AN/A00313501
2008-01-17$56.86$65.1669.7%20.0%48.5%91.2%70.1%4.2%-3.9%-28.5K1.5M-4.5K0.0018.03N/AN/A20313501
2008-01-18$55.99$54.3067.7%19.4%48.0%87.7%68.1%4.3%-2.7%-30.0K1.5M-4.2K0.0013.96N/AN/A039315498
2008-01-22$52.78$54.3070.1%20.1%48.2%91.9%70.1%4.2%-3.1%-28.6K1.6M-3.6K1.8528.03N/AN/A58265479
2008-01-23$56.08$54.3069.0%19.8%50.7%90.0%69.0%8.2%-1.3%-31.1K1.0M-4.0K0.3027.65N/AN/A247269416
2008-01-24$57.69$54.3068.0%19.5%52.7%88.3%67.0%10.2%-2.5%-28.7K856.3K-4.1K0.6826.19N/AN/A86294414
2008-01-25$55.82$54.3065.2%18.7%52.5%83.3%65.3%8.7%0.3%-29.4K985.4K-3.9K0.5440.34N/AN/A73300417
2008-01-28$60.25$54.3057.3%16.4%60.9%69.4%62.2%9.8%3.4%-25.6K639.3K-4.1K0.3420.93N/AN/A123307417
2008-01-29$64.16$54.3058.1%16.6%65.6%70.7%71.2%12.2%4.5%-19.5K330.7K-4.1K1.1031.40N/AN/A2021310417
2008-01-30$62.47$54.3059.4%17.0%65.7%73.1%0.0%8.9%2.7%-21.1K500.7K-4.4K0.0020.32N/AN/A00317426
2008-01-31$64.64$54.3058.0%16.6%65.6%70.5%0.0%10.6%3.1%-17.2K377.1K-4.1K1.4339.86N/AN/A12307426