HTZ Options History — April 2009

In April 2009, HTZ traded between $18.33 and $34.01. ATM implied volatility averaged 116.6%, placing in the 37.6% IV rank vs the trailing year. The 30-day expected move averaged 33.4%. IV traded below realized volatility by 55.5% (HV 20d: 172.0%). Max pain ranged from $21.72 to $21.72. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 1.65.

Notable Days

  • 2009-04-17: Highest Volume — 149 contracts
  • 2009-04-15: Largest IV spike — 19.1% change
  • 2009-04-15: Highest IV Rank — 44.3%
  • 2009-04-15: Largest Expected Move — 37.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$26.47$18.33$34.01$18.33$29.54
Max Pain$21.72$21.72$21.72$21.72$21.72
ATM IV116.6%102.6%131.4%119.9%102.6%
Expected Move33.4%29.4%37.7%34.4%29.4%
HV 20d172.0%139.0%222.3%222.3%139.0%
HV 60d157.7%150.2%162.9%151.4%162.7%
IV Rank37.6%31.3%44.3%39.1%31.3%
IV Percentile62.1%44.4%77.0%68.3%44.4%
Term Structure-6.6%-13.9%1.3%0.2%0.2%
VWIV115.3%102.6%127.7%120.2%102.6%
Skew 25d24.3%17.2%34.1%33.9%23.8%
Skew 10d50.8%16.6%90.0%82.6%46.7%
Call IV 25d99.7%90.8%116.5%108.9%90.8%
Put IV 25d124.0%111.5%142.8%142.8%114.6%
Bid-Ask Spread %30.4114.7749.6331.6132.01
Gamma HHI0.380.300.480.380.39
Net GEX1.9K-663.7K-663.6K
Net DEX-277.5K-614.3K23.7K23.7K-367.2K
Net VEX-1.8K-2.9K-1.1K-1.1K-2.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.650.009.000.260.04
Total Volume36.95201491132
Total OI590.143470806470806

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2009-04-01$18.33$21.72119.9%34.4%222.3%39.1%120.2%33.9%0.2%-6623.7K-1.1K0.2631.61N/AN/A92152318
2009-04-02$19.72$21.72119.3%34.2%201.3%38.9%0.0%34.1%1.3%392-8.2K-1.2K1.9226.28N/AN/A612160318
2009-04-03$21.07$21.72120.6%34.7%190.4%39.5%0.0%28.3%-3.6%609-43.5K-1.2K0.0038.52N/AN/A140166322
2009-04-06$19.81$21.72124.2%34.5%185.7%41.1%120.3%25.3%-4.6%1.1K-30.2K-1.2K0.0049.63N/AN/A130180322
2009-04-07$18.90$21.72122.9%34.5%175.1%40.5%0.0%21.6%-5.2%959-3.9K-1.2K0.0047.10N/AN/A00189322
2009-04-08$19.46$21.72117.1%33.9%174.6%37.9%0.0%30.6%-3.3%1.2K-9.9K-1.2K0.0037.10N/AN/A50188322
2009-04-09$23.89$21.72116.2%33.3%175.6%37.5%107.4%17.3%-7.1%581-193.5K-1.2K1.4436.55N/AN/A1014192322
2009-04-13$26.11$21.72129.3%37.1%170.5%43.4%127.7%21.0%-11.1%1.1K-279.9K-1.3K3.2421.61N/AN/A516203310
2009-04-14$27.28$21.72110.3%31.6%170.5%34.8%112.6%23.9%-6.3%1.1K-329.5K-1.2K0.9523.27N/AN/A2826205325
2009-04-15$26.98$21.72131.4%37.7%166.4%44.3%104.7%25.8%-9.2%842-300.3K-1.3K0.0514.94N/AN/A432207341
2009-04-16$30.89$21.72110.9%31.8%167.6%35.1%116.1%19.5%-9.8%1.8K-461.6K-1.4K0.1221.96N/AN/A283236321
2009-04-17$34.01$21.72110.8%31.8%167.3%35.0%119.3%18.2%-8.4%2.5K-614.3K-1.6K0.9914.77N/AN/A7574261325
2009-04-20$28.32$21.72114.2%32.7%182.6%36.6%118.2%17.2%-13.9%2.8K-332.9K-1.9K0.6331.40N/AN/A2013279288
2009-04-21$29.28$21.72111.3%31.9%176.0%35.3%0.0%22.9%-9.2%3.1K-369.0K-2.0K0.0024.18N/AN/A90296300
2009-04-22$31.41$21.72113.7%32.6%174.8%36.3%116.4%23.7%-6.9%3.7K-478.8K-2.0K1.5839.22N/AN/A2845300300
2009-04-23$31.15$21.72115.3%33.1%175.2%37.1%115.6%26.6%-7.8%3.4K-486.9K-2.3K1.1638.71N/AN/A3237326338
2009-04-24$32.84$21.72119.0%34.1%159.4%38.7%119.7%19.9%-11.2%3.4K-565.9K-2.7K9.0034.98N/AN/A16343375
2009-04-27$28.76$21.72113.8%32.6%157.2%36.4%116.1%24.9%-6.0%2.6K-334.6K-2.6K2.7326.47N/AN/A821344381
2009-04-28$29.24$21.72117.7%33.7%141.6%38.2%118.7%28.1%-11.9%2.9K-355.4K-2.6K8.3321.18N/AN/A646351386
2009-04-29$28.97$21.72107.6%30.9%140.0%33.6%109.4%23.4%-4.1%2.5K-285.6K-2.8K0.5527.06N/AN/A5631355418
2009-04-30$29.54$21.72102.6%29.4%139.0%31.3%102.6%23.8%0.2%3.6K-367.2K-2.9K0.0432.01N/AN/A311386420