HTZ Options History — July 2013

In July 2013, HTZ traded between $108.56 and $120.16. ATM implied volatility averaged 34.1%, placing in the 23.1% IV rank vs the trailing year. The 30-day expected move averaged 10.0%. IV traded below realized volatility by 1.4% (HV 20d: 35.4%). Max pain ranged from $99.91 to $112.95. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 0.54.

Notable Days

  • 2013-07-26: Highest Volume — 6,355 contracts
  • 2013-07-05: Largest IV drop — 11.3% change
  • 2013-07-26: Highest IV Rank — 29.8%
  • 2013-07-26: Largest Expected Move — 10.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$115.05$108.56$120.16$109.34$111.25
Max Pain$107.81$99.91$112.95$99.91$112.95
ATM IV34.1%30.2%37.8%33.7%34.8%
Expected Move10.0%9.4%10.8%9.7%10.0%
HV 20d35.4%26.3%43.6%43.5%34.2%
HV 60d33.2%31.9%35.4%35.4%33.5%
IV Rank23.1%16.3%29.8%22.6%24.4%
IV Percentile43.3%21.0%68.3%38.9%50.8%
Term Structure0.3%-2.1%5.5%3.7%-0.3%
VWIV35.4%32.8%39.7%33.9%35.2%
Skew 25d4.5%2.9%6.4%2.9%3.7%
Skew 10d10.4%2.9%17.8%17.8%9.5%
Call IV 25d33.1%31.1%36.2%32.2%34.1%
Put IV 25d37.6%35.2%42.7%35.2%37.8%
Bid-Ask Spread %13.419.1419.439.4613.30
Gamma HHI0.350.200.590.210.28
Net GEX2.2M1.1M2.9M2.1M1.4M
Net DEX-66.0M-99.6M-14.1M-55.9M-25.9M
Net VEX-307.8K-346.4K-281.9K-334.9K-344.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.540.112.170.150.61
Total Volume1,223.9091606,355326775
Total OI18,754.09113,67120,67319,84020,302

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2013-07-01$109.34$99.9133.7%9.7%43.5%22.6%33.9%2.9%3.7%2.1M-55.9M-334.9K0.159.46N/AN/A2824412,3097,531
2013-07-02$108.56$99.9133.3%9.5%43.6%21.8%32.8%4.2%5.5%2.1M-52.5M-332.4K0.739.14N/AN/A15911612,3967,540
2013-07-03$109.04$99.9134.1%9.8%40.4%23.1%34.4%2.9%4.1%2.2M-55.7M-329.3K0.8510.36N/AN/A867412,4157,541
2013-07-05$113.16$99.9130.2%10.5%42.3%16.3%36.9%4.1%-0.4%2.4M-74.8M-317.9K0.1713.91N/AN/A77213112,4477,589
2013-07-08$114.73$108.6031.8%10.6%40.2%19.1%36.1%4.8%-1.0%2.4M-79.9M-310.0K0.4016.94N/AN/A1,24149412,4227,604
2013-07-09$114.25$108.6031.6%10.5%39.5%18.8%37.7%4.7%-0.4%2.6M-80.1M-309.5K1.5714.71N/AN/A60494612,6917,449
2013-07-10$113.99$104.2631.3%10.4%38.8%18.3%36.9%4.7%-0.4%2.6M-77.4M-310.3K0.1211.70N/AN/A83010412,5637,272
2013-07-11$117.59$108.6034.5%9.9%37.5%24.0%35.5%4.8%0.2%2.5M-94.9M-300.1K0.4912.57N/AN/A88243512,7357,289
2013-07-12$119.11$108.6033.7%9.7%37.3%22.5%33.8%4.5%0.5%2.4M-95.1M-294.5K0.1610.00N/AN/A4607512,3777,559
2013-07-15$117.16$108.6034.7%10.0%35.9%24.3%36.4%4.3%0.1%2.5M-90.3M-292.4K0.2211.43N/AN/A51011412,6977,568
2013-07-16$114.90$108.6037.1%10.6%36.9%28.5%36.1%4.9%-0.8%2.4M-78.7M-292.3K0.2413.06N/AN/A49611712,6217,641
2013-07-17$118.46$108.6035.5%10.2%37.1%25.7%34.8%6.3%-0.2%2.8M-96.3M-295.6K0.1816.19N/AN/A64511612,9807,693
2013-07-18$120.16$108.6033.4%9.6%37.1%22.0%34.9%3.7%0.6%2.9M-99.6M-289.5K0.1114.54N/AN/A5616112,6397,274
2013-07-19$118.72$108.6033.6%9.6%34.7%22.2%34.4%4.3%1.4%2.7M-95.6M-289.2K0.1216.68N/AN/A3714512,7347,320
2013-07-22$119.42$108.6033.8%9.7%28.9%22.6%35.0%4.6%0.2%1.9M-54.3M-281.9K0.7114.14N/AN/A3422438,6924,979
2013-07-23$118.94$108.6032.9%9.4%27.4%21.1%34.3%4.3%0.5%2.0M-54.9M-285.4K0.2110.47N/AN/A236518,9515,124
2013-07-24$116.25$108.6033.5%9.6%28.5%22.1%33.8%3.6%-0.2%2.0M-47.2M-286.8K2.1713.68N/AN/A2645709,0745,154
2013-07-25$116.68$112.9534.2%9.8%27.8%23.3%34.0%4.9%-1.0%1.8M-45.7M-291.2K0.1819.43N/AN/A148269,1355,669
2013-07-26$116.81$112.9537.8%10.8%26.3%29.8%39.7%6.4%-1.4%1.7M-46.6M-294.2K0.7011.50N/AN/A3,7412,6149,2295,687
2013-07-29$113.94$112.9536.6%10.5%28.2%27.6%35.8%5.4%-2.1%1.4M-35.5M-346.4K0.3618.81N/AN/A2,65996711,2137,854
2013-07-30$108.56$112.9537.3%10.7%33.1%28.8%36.1%4.4%-1.5%1.1M-14.1M-344.3K1.4612.99N/AN/A1,4312,08812,4458,186
2013-07-31$111.25$112.9534.8%10.0%34.2%24.4%35.2%3.7%-0.3%1.4M-25.9M-344.6K0.6113.30N/AN/A48029511,9118,391