HTZ Options History — February 2009

In February 2009, HTZ traded between $13.73 and $24.63. ATM implied volatility averaged 117.9%, placing in the 38.2% IV rank vs the trailing year. The 30-day expected move averaged 34.9%. IV traded above realized volatility by 22.9% (HV 20d: 94.9%). Max pain ranged from $21.72 to $32.58. Net GEX was positive for 4 of 19 trading days. Term structure was in contango for 8 of 19 days. Put/call ratio averaged 1.17.

Notable Days

  • 2009-02-23: Highest Volume — 178 contracts
  • 2009-02-23: Largest IV spike — 51.7% change
  • 2009-02-23: Highest IV Rank — 54.9%
  • 2009-02-23: Largest Expected Move — 44.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$19.57$13.73$24.63$21.68$13.73
Max Pain$28.01$21.72$32.58$21.72$21.72
ATM IV117.9%90.7%154.8%127.0%128.0%
Expected Move34.9%29.2%44.4%36.4%36.7%
HV 20d94.9%85.1%102.6%98.9%85.5%
HV 60d167.9%102.6%198.7%198.7%102.6%
IV Rank38.2%26.0%54.9%42.4%42.8%
IV Percentile75.2%57.1%91.3%82.1%82.1%
Term Structure-4.0%-87.0%25.0%-3.4%25.0%
VWIV122.0%93.2%184.2%108.0%145.2%
Skew 25d10.5%-33.7%48.4%33.8%48.4%
Skew 10d25.9%-45.9%77.0%73.8%52.1%
Call IV 25d115.8%90.5%176.7%111.4%96.8%
Put IV 25d126.3%88.9%184.5%145.2%145.2%
Bid-Ask Spread %28.9014.9475.4629.5119.24
Gamma HHI0.390.280.580.290.53
Net GEX-447-1.8K1.2K-361-1.1K
Net DEX63.9K-65.0K163.9K26.7K138.6K
Net VEX-1.1K-1.4K-567-1.2K-868
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.170.006.640.000.83
Total Volume23.368017804
Total OI660.474573752618752

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2009-02-02$21.68$21.72127.0%36.4%98.9%42.4%0.0%33.8%-3.4%-36126.7K-1.2K0.0029.51N/AN/A00306312
2009-02-03$22.02$21.72103.6%29.7%98.9%31.8%0.0%30.9%22.1%-69644.0K-1.2K0.3631.82N/AN/A135297312
2009-02-04$21.81$21.72107.3%30.8%88.1%33.5%108.0%24.3%13.9%-55540.1K-1.3K2.8337.16N/AN/A616305317
2009-02-05$20.98$21.72105.3%30.2%87.1%32.5%93.2%-6.1%20.6%-78857.0K-1.3K0.0040.89N/AN/A30311331
2009-02-06$22.68$32.58106.9%35.0%90.8%33.3%122.0%3.7%-16.4%-33915.3K-1.3K0.0023.32N/AN/A170313331
2009-02-09$24.63$32.58119.7%36.6%96.1%39.1%129.7%23.7%-22.9%1.2K-65.0K-1.3K0.0024.74N/AN/A20322331
2009-02-10$22.94$32.58103.9%35.7%99.0%31.9%123.3%10.1%-16.4%-484-4.0K-1.4K0.4522.34N/AN/A125325331
2009-02-11$22.42$32.5890.7%34.6%99.2%26.0%121.4%7.3%-14.5%-1.1K11.2K-1.3K0.0028.89N/AN/A20329330
2009-02-12$22.98$32.58115.3%33.1%93.2%37.1%114.4%7.9%-7.9%1.1K-13.5K-1.2K2.0027.32N/AN/A01328330
2009-02-13$22.11$32.58121.3%34.8%93.8%39.8%122.6%5.0%-13.5%-1.8K21.9K-1.3K0.0027.95N/AN/A20328331
2009-02-17$20.50$32.58123.3%35.3%97.1%40.7%0.0%-13.5%-15.4%-1.8K76.3K-1.1K0.0026.21N/AN/A00330331
2009-02-18$19.64$32.58123.9%35.5%92.9%40.9%123.8%20.7%-14.9%257119.4K-1.1K1.0019.24N/AN/A22330331
2009-02-19$19.03$32.58124.5%35.7%85.1%41.2%106.4%12.2%-19.7%88129.0K-1.0K0.0014.94N/AN/A018333330
2009-02-20$16.03$32.58102.0%29.2%102.2%31.1%106.8%-33.7%12.9%-676163.9K-7522.7975.46N/AN/A1233333323
2009-02-23$15.20$32.58154.8%44.4%102.6%54.9%184.2%7.8%22.2%-661105.0K-8370.5317.49N/AN/A11662285288
2009-02-24$14.77$21.72119.8%34.3%102.6%39.1%0.0%-32.3%-87.0%-327134.7K-5672.4633.68N/AN/A2047375313
2009-02-25$14.68$21.72134.3%38.5%101.0%45.6%107.4%14.6%20.6%-2892.7K-9186.6429.76N/AN/A638401322
2009-02-26$14.07$21.72127.9%36.7%89.6%42.8%0.0%35.0%18.3%-427119.9K-7320.0019.15N/AN/A00391361
2009-02-27$13.73$21.72128.0%36.7%85.5%42.8%145.2%48.4%25.0%-1.1K138.6K-8680.8319.24N/AN/A22391361