HTZ Options History — April 2012

In April 2012, HTZ traded between $61.64 and $68.68. ATM implied volatility averaged 45.4%, placing in the 22.8% IV rank vs the trailing year. The 30-day expected move averaged 13.1%. IV traded above realized volatility by 14.4% (HV 20d: 31.0%). Max pain ranged from $65.16 to $65.16. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 4 of 20 days. Put/call ratio averaged 1.04.

Notable Days

  • 2012-04-27: Highest Volume — 3,473 contracts
  • 2012-04-10: Largest IV spike — 12.6% change
  • 2012-04-10: Highest IV Rank — 29.9%
  • 2012-04-30: Largest Expected Move — 15.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$64.47$61.64$68.68$66.33$66.94
Max Pain$65.16$65.16$65.16$65.16$65.16
ATM IV45.4%39.4%52.9%41.0%52.9%
Expected Move13.1%11.3%15.2%11.8%15.2%
HV 20d31.0%23.9%37.3%33.8%37.3%
HV 60d33.3%31.4%34.9%31.4%34.9%
IV Rank22.8%17.8%29.9%21.3%28.7%
IV Percentile42.4%25.8%59.1%32.9%59.1%
Term Structure-1.4%-5.9%6.1%2.8%-5.9%
VWIV46.1%40.7%54.3%40.7%54.3%
Skew 25d5.2%-1.1%8.2%7.6%3.3%
Skew 10d15.7%-4.5%36.3%8.7%7.4%
Call IV 25d44.1%34.5%52.0%34.5%52.0%
Put IV 25d49.2%42.0%55.3%42.1%55.3%
Bid-Ask Spread %46.8513.7782.7625.7321.06
Gamma HHI0.280.210.400.260.29
Net GEX1.2M572.5K2.2M1.4M1.6M
Net DEX-27.4M-42.6M-13.6M-39.6M-40.5M
Net VEX-180.1K-202.2K-142.6K-202.2K-190.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.040.0110.052.791.20
Total Volume770.85583,473629123
Total OI25,281.5517,58229,50725,12123,496

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2012-04-02$66.33$65.1641.0%11.8%33.8%21.3%40.7%7.6%2.8%1.4M-39.6M-202.2K2.7925.73N/AN/A16646315,7979,324
2012-04-03$65.42$65.1639.4%11.3%31.0%19.6%42.3%4.5%6.1%1.3M-32.7M-200.1K0.3616.78N/AN/A47317315,7599,184
2012-04-04$64.94$65.1640.6%11.6%23.9%20.9%41.8%4.7%3.2%1.3M-32.2M-199.4K0.4225.93N/AN/A32013616,1219,300
2012-04-05$66.20$65.1640.9%11.7%24.5%21.2%42.0%-1.1%5.2%1.4M-41.1M-201.6K0.0627.56N/AN/A1,6199716,2269,423
2012-04-09$64.94$65.1643.8%13.4%25.2%24.2%46.7%6.4%-3.2%1.7M-37.1M-202.0K10.0521.77N/AN/A1313018,0509,467
2012-04-10$61.64$65.1649.3%14.6%31.2%29.9%48.9%5.3%-4.0%756.8K-14.1M-184.3K0.5624.87N/AN/A58933117,3629,575
2012-04-11$62.21$65.1646.2%14.2%28.4%26.7%48.9%5.5%-3.3%842.6K-15.3M-185.6K0.1268.47N/AN/A52617,6909,809
2012-04-12$63.68$65.1645.9%13.1%29.4%26.3%45.3%5.8%-1.5%1.3M-24.3M-188.2K0.3574.19N/AN/A81328417,5859,808
2012-04-13$63.55$65.1647.2%13.5%29.2%27.7%47.0%5.5%-2.7%1.3M-24.0M-189.4K0.3132.69N/AN/A1574918,25010,011
2012-04-16$62.25$65.1647.8%13.7%30.0%23.0%47.3%6.9%-2.1%730.6K-13.6M-165.1K0.0465.69N/AN/A228818,31010,022
2012-04-17$63.47$65.1644.8%12.8%29.8%19.6%45.4%4.0%-1.5%1.2M-19.6M-166.5K0.3081.16N/AN/A702218,23010,022
2012-04-18$65.25$65.1647.3%13.6%30.8%22.4%46.9%7.2%-2.8%2.2M-36.9M-176.9K0.0380.44N/AN/A1,4093918,27110,024
2012-04-19$63.03$65.1645.4%13.0%32.7%20.3%45.4%2.4%-0.8%1.3M-21.6M-169.3K0.1982.76N/AN/A681319,46710,040
2012-04-20$63.34$65.1644.8%12.9%32.8%19.6%46.3%5.3%-0.8%1.3M-16.8M-154.0K0.0127.73N/AN/A205318,32610,042
2012-04-23$62.64$65.1649.1%14.1%32.9%24.5%50.7%7.4%-3.2%902.8K-19.9M-142.6K3.1680.29N/AN/A6432,03213,2014,381
2012-04-24$63.25$65.1644.8%12.8%33.0%19.6%45.0%7.8%-2.9%572.5K-17.2M-169.8K0.3774.12N/AN/A33712513,7677,813
2012-04-25$64.94$65.1643.2%12.4%33.3%17.8%43.1%6.9%-3.2%935.3K-25.4M-164.9K0.0271.40N/AN/A122313,7136,488
2012-04-26$66.72$65.1644.3%12.7%34.6%19.1%45.3%-0.5%-2.5%1.2M-32.6M-171.2K0.2420.59N/AN/A50212113,9056,490
2012-04-27$68.68$65.1648.6%13.9%35.9%23.9%47.9%8.2%-5.3%1.4M-42.6M-178.8K0.2513.77N/AN/A2,77270114,2766,606
2012-04-30$66.94$65.1652.9%15.2%37.3%28.7%54.3%3.3%-5.9%1.6M-40.5M-190.1K1.2021.06N/AN/A566716,2347,262