HTZ Options History — October 2013

In October 2013, HTZ traded between $94.70 and $104.21. ATM implied volatility averaged 40.3%, placing in the 34.2% IV rank vs the trailing year. The 30-day expected move averaged 11.6%. IV traded below realized volatility by 20.7% (HV 20d: 61.0%). Max pain ranged from $91.23 to $99.91. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 2 of 23 days. Put/call ratio averaged 0.63.

Notable Days

2013-10-01: Highest Volume — 6,094 contracts
2013-10-23: Largest IV spike — 21.0% change
2013-10-31: Highest IV Rank — 47.0%
2013-10-31: Largest Expected Move — 13.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$100.04	$94.70	$104.21	$95.92	$99.74
Max Pain	$95.00	$91.23	$99.91	$95.57	$99.91
ATM IV	40.3%	34.6%	47.5%	37.7%	47.5%
Expected Move	11.6%	9.9%	13.6%	10.8%	13.6%
HV 20d	61.0%	32.2%	72.0%	68.0%	38.6%
HV 60d	45.8%	44.8%	46.6%	44.8%	46.4%
IV Rank	34.2%	24.1%	47.0%	29.6%	47.0%
IV Percentile	82.2%	59.9%	96.0%	79.4%	96.0%
Term Structure	-2.8%	-10.1%	0.2%	0.2%	-10.1%
VWIV	40.7%	35.0%	47.4%	38.1%	47.4%
Skew 25d	3.0%	0.4%	5.4%	0.9%	3.4%
Skew 10d	7.4%	-2.7%	20.7%	-2.7%	9.0%
Call IV 25d	39.1%	33.0%	45.6%	38.1%	45.6%
Put IV 25d	42.1%	36.2%	49.1%	39.0%	49.0%
Bid-Ask Spread %	11.44	7.79	14.41	7.79	13.98
Gamma HHI	0.15	0.13	0.19	0.15	0.15
Net GEX	4.0M	1.0M	5.8M	1.0M	3.5M
Net DEX	-96.5M	-168.2M	-16.5M	-16.5M	-72.7M
Net VEX	-796.7K	-848.5K	-671.7K	-671.7K	-815.0K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.63	0.06	3.18	0.19	0.18
Total Volume	2,863.174	756	6,094	6,094	4,537
Total OI	53,080.043	41,316	60,271	41,316	56,978

Daily Data (23 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2013-10-01	$95.92	$95.57	37.7%	10.8%	68.0%	29.6%	38.1%	0.9%	0.2%	1.0M	-16.5M	-671.7K	0.19	7.79	N/A	N/A	5,113	981	23,827	17,489
2013-10-02	$96.05	$95.57	39.3%	11.3%	67.4%	32.4%	39.3%	1.0%	-1.2%	2.2M	-39.4M	-714.1K	0.11	9.22	N/A	N/A	1,961	220	27,862	18,239
2013-10-03	$95.79	$95.57	38.7%	11.1%	66.9%	31.3%	38.3%	1.1%	-0.2%	2.9M	-43.8M	-727.1K	1.34	8.40	N/A	N/A	616	826	29,624	18,345
2013-10-04	$100.22	$91.23	34.8%	11.1%	69.5%	24.5%	38.6%	0.9%	-1.2%	3.2M	-91.3M	-751.2K	0.24	10.19	N/A	N/A	3,870	922	29,988	18,799
2013-10-07	$98.87	$91.23	39.6%	11.8%	69.2%	33.0%	41.5%	0.4%	-1.4%	3.6M	-86.1M	-791.1K	0.15	10.35	N/A	N/A	1,947	289	32,230	19,445
2013-10-08	$94.70	$91.23	41.7%	12.3%	69.4%	36.7%	42.8%	1.6%	-1.7%	3.5M	-44.0M	-771.4K	0.17	12.32	N/A	N/A	1,823	308	33,148	19,551
2013-10-09	$96.18	$91.23	46.0%	13.4%	69.8%	44.4%	46.5%	3.7%	-2.4%	3.2M	-56.3M	-794.4K	0.69	14.04	N/A	N/A	3,187	2,206	32,645	19,743
2013-10-10	$97.91	$95.57	41.9%	12.0%	70.2%	37.0%	41.5%	3.3%	-0.8%	3.6M	-80.4M	-840.5K	0.17	10.41	N/A	N/A	2,015	336	34,393	21,318
2013-10-11	$101.91	$95.57	40.3%	11.6%	72.0%	34.2%	39.7%	4.0%	-1.2%	4.3M	-134.0M	-834.4K	0.25	12.27	N/A	N/A	3,566	898	35,610	20,072
2013-10-14	$101.69	$95.57	40.8%	11.7%	71.9%	35.2%	40.6%	2.6%	-1.3%	4.7M	-140.8M	-848.5K	0.27	13.93	N/A	N/A	2,486	678	37,938	20,683
2013-10-15	$100.22	$95.57	40.4%	11.6%	71.4%	34.3%	41.1%	3.5%	-1.1%	5.8M	-132.8M	-846.9K	0.72	14.41	N/A	N/A	464	336	39,416	20,855
2013-10-16	$101.48	$95.57	40.0%	11.5%	71.4%	33.6%	39.2%	4.3%	-1.9%	5.4M	-141.7M	-836.8K	0.36	13.61	N/A	N/A	820	291	38,524	20,985
2013-10-17	$103.56	$95.57	35.5%	10.2%	72.0%	25.7%	35.9%	1.9%	-0.7%	5.1M	-168.2M	-823.2K	0.12	9.36	N/A	N/A	2,853	334	37,983	20,924
2013-10-18	$102.78	$95.57	34.6%	9.9%	71.7%	24.1%	35.3%	3.2%	-0.1%	4.8M	-162.6M	-820.8K	0.06	11.45	N/A	N/A	4,222	236	38,961	21,066
2013-10-21	$103.17	$95.57	34.7%	9.9%	71.7%	24.2%	36.0%	4.1%	0.1%	5.2M	-120.6M	-827.2K	0.23	12.20	N/A	N/A	615	142	32,402	17,866
2013-10-22	$101.48	$95.57	35.6%	10.2%	71.7%	25.9%	35.0%	2.5%	-1.1%	5.1M	-104.8M	-805.5K	0.18	12.17	N/A	N/A	1,507	275	32,728	17,943
2013-10-23	$101.69	$95.57	43.1%	12.4%	71.7%	39.2%	43.4%	3.7%	-6.2%	4.5M	-106.5M	-816.9K	3.18	12.36	N/A	N/A	1,061	3,370	32,675	18,025
2013-10-24	$104.21	$95.57	42.1%	12.1%	33.6%	37.5%	42.2%	3.6%	-5.8%	4.7M	-128.3M	-827.3K	1.66	8.82	N/A	N/A	493	815	32,766	19,017
2013-10-25	$103.56	$95.57	42.0%	12.0%	32.3%	37.3%	41.3%	4.3%	-6.9%	4.6M	-119.1M	-817.3K	1.53	10.71	N/A	N/A	299	457	32,840	19,271
2013-10-28	$103.08	$95.57	42.9%	12.3%	32.2%	38.7%	43.1%	5.4%	-7.1%	4.6M	-114.2M	-797.7K	0.29	13.55	N/A	N/A	901	262	32,988	19,579
2013-10-29	$100.26	$95.57	43.4%	12.4%	34.0%	39.7%	46.1%	5.3%	-6.1%	3.9M	-78.7M	-790.8K	1.30	8.03	N/A	N/A	756	986	33,024	19,758
2013-10-30	$96.52	$95.57	44.3%	12.7%	36.9%	41.4%	44.1%	3.5%	-6.9%	3.0M	-37.4M	-754.5K	1.11	13.48	N/A	N/A	2,643	2,930	33,400	19,918
2013-10-31	$99.74	$99.91	47.5%	13.6%	38.6%	47.0%	47.4%	3.4%	-10.1%	3.5M	-72.7M	-815.0K	0.18	13.98	N/A	N/A	3,843	694	34,804	22,174