HTZ Options History — October 2008

In October 2008, HTZ traded between $17.55 and $31.23. ATM implied volatility averaged 131.6%, placing in the 77.2% IV rank vs the trailing year. The 30-day expected move averaged 36.9%. IV traded above realized volatility by 5.7% (HV 20d: 125.8%). Max pain ranged from $32.58 to $32.58. Net GEX was positive for 16 of 23 trading days. Term structure was in contango for 5 of 23 days. Put/call ratio averaged 4.38.

Notable Days

  • 2008-10-09: Highest Volume — 201 contracts
  • 2008-10-09: Largest IV spike — 105.9% change
  • 2008-10-07: Highest IV Rank — 100.0%
  • 2008-10-09: Largest Expected Move — 49.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.04$17.55$31.23$30.32$31.23
Max Pain$32.58$32.58$32.58$32.58$32.58
ATM IV131.6%79.8%175.0%91.0%122.5%
Expected Move36.9%23.0%49.8%26.1%35.1%
HV 20d125.8%94.9%169.4%97.9%169.4%
HV 60d95.1%82.9%114.9%84.0%114.9%
IV Rank77.2%44.4%100.0%72.3%63.0%
IV Percentile95.9%83.7%100.0%91.7%93.7%
Term Structure-9.5%-34.3%7.6%5.1%-8.6%
VWIV118.9%64.9%149.6%64.9%122.5%
Skew 25d35.8%-6.6%87.9%16.0%61.4%
Skew 10d60.2%4.5%131.0%52.6%80.3%
Call IV 25d93.8%63.8%120.7%82.3%78.5%
Put IV 25d129.5%98.3%174.7%98.3%139.9%
Bid-Ask Spread %51.5019.8273.9521.6048.79
Gamma HHI0.350.250.530.520.43
Net GEX887-5.9K4.4K4.2K4.4K
Net DEX106.6K-469.3K294.5K34.7K-469.3K
Net VEX-2.2K-3.2K-1.6K-3.2K-3.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio4.380.0028.501.570.65
Total Volume36.17402011424
Total OI776.565639887705887

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2008-10-01$30.32$32.5891.0%26.1%97.9%72.3%0.0%16.0%5.1%4.2K34.7K-3.2K1.5721.60N/AN/A68471234
2008-10-02$28.71$32.5895.0%27.2%98.8%77.3%0.0%11.4%7.6%3.3K110.9K-2.9K0.0028.09N/AN/A530468237
2008-10-03$28.24$32.5880.3%23.0%98.6%59.0%64.9%21.2%5.5%2.9K133.3K-2.6K0.2162.78N/AN/A122443235
2008-10-06$29.63$32.58104.0%28.6%94.9%88.5%0.0%21.5%-5.9%2.7K171.3K-2.5K0.1150.26N/AN/A10712453233
2008-10-07$26.37$32.58138.3%33.7%98.7%100.0%0.0%18.5%-14.5%1.3K178.5K-2.2K21.0856.58N/AN/A259409230
2008-10-08$28.02$32.5879.8%26.7%101.9%44.4%91.4%22.2%-4.7%2.1K156.4K-2.5K0.1755.39N/AN/A122411285
2008-10-09$21.68$32.58164.3%49.8%131.5%100.0%121.1%70.0%-32.2%791175.4K-2.1K3.8856.38N/AN/A41160402285
2008-10-10$22.15$32.58172.2%47.1%132.3%100.0%0.0%36.2%-34.3%-1.4K279.8K-2.0K0.0063.54N/AN/A01430371
2008-10-13$23.46$32.58170.7%43.1%133.9%98.9%0.0%35.5%-20.8%-337202.8K-2.2K0.0046.71N/AN/A00430369
2008-10-14$23.28$32.58175.0%42.4%132.2%100.0%0.0%63.0%-17.8%-785258.6K-2.0K4.6038.24N/AN/A210430369
2008-10-15$20.85$32.58157.5%42.7%131.9%87.7%149.6%54.1%-17.5%-2.1K278.4K-1.9K1.6042.20N/AN/A23433373
2008-10-16$21.72$32.58139.5%40.0%131.3%75.0%0.0%13.4%-11.8%-3.4K294.5K-2.0K3.5053.39N/AN/A516433373
2008-10-17$22.15$32.58125.1%35.9%125.5%64.9%126.9%7.8%3.4%-5.9K291.9K-1.7K15.3355.34N/AN/A110435364
2008-10-20$22.68$32.58122.1%35.0%126.1%62.8%66.3%53.2%7.2%-812204.4K-1.8K0.0066.44N/AN/A1140383313
2008-10-21$22.20$32.58134.8%38.7%122.6%71.7%134.8%45.9%-13.5%1.0K80.4K-2.1K0.1444.93N/AN/A325489313
2008-10-22$19.94$32.58133.8%38.4%126.2%71.0%133.6%21.9%-4.1%1.1K109.1K-1.9K1.3965.71N/AN/A810521318
2008-10-23$18.38$32.58136.1%39.0%126.9%72.6%0.0%11.0%-6.8%1.1K117.2K-1.8K0.4464.81N/AN/A21528308
2008-10-24$17.55$32.58134.8%38.6%125.8%71.7%134.7%-6.6%-3.3%1.4K145.1K-1.6K0.0068.39N/AN/A01529308
2008-10-27$18.25$32.58136.9%39.2%127.1%73.2%137.0%9.5%-7.5%1.2K136.3K-1.7K1.2045.27N/AN/A22529308
2008-10-28$20.85$32.58131.5%37.7%138.0%69.3%115.6%87.9%-2.6%1.4K62.6K-2.0K2.9419.82N/AN/A312532308
2008-10-29$24.85$32.58148.4%42.6%152.8%81.3%133.6%78.3%-18.4%2.4K-114.5K-2.3K28.5073.95N/AN/A013533303
2008-10-30$30.45$32.58132.3%37.9%169.4%69.9%132.5%68.9%-22.5%3.7K-386.7K-2.9K0.2455.87N/AN/A6215533312
2008-10-31$31.23$32.58122.5%35.1%169.4%63.0%122.5%61.4%-8.6%4.4K-469.3K-3.1K0.6548.79N/AN/A159557330