HTZ Options History — November 2013

In November 2013, HTZ traded between $92.53 and $105.39. ATM implied volatility averaged 33.3%, placing in the 29.8% IV rank vs the trailing year. The 30-day expected move averaged 10.9%. IV traded below realized volatility by 18.5% (HV 20d: 51.8%). Max pain ranged from $65.16 to $99.91. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 14 of 20 days. Put/call ratio averaged 0.48.

Notable Days

  • 2013-11-05: Highest Volume — 37,505 contracts
  • 2013-11-14: Largest IV spike — 35.9% change
  • 2013-11-04: Highest IV Rank — 52.1%
  • 2013-11-01: Largest Expected Move — 13.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$100.34$92.53$105.39$98.83$105.39
Max Pain$90.08$65.16$99.91$99.91$86.88
ATM IV33.3%25.4%50.4%45.6%29.3%
Expected Move10.9%10.2%13.1%13.1%10.8%
HV 20d51.8%35.2%54.7%35.2%50.0%
HV 60d52.5%46.4%53.8%46.4%52.7%
IV Rank29.8%7.7%52.1%43.6%28.1%
IV Percentile43.2%4.0%96.4%94.4%19.4%
Term Structure0.8%-9.2%4.1%-9.2%3.5%
VWIV38.9%36.0%45.7%45.7%39.4%
Skew 25d1.5%-1.0%4.0%0.5%1.8%
Skew 10d3.3%-3.2%11.0%2.8%5.3%
Call IV 25d33.9%28.5%45.4%45.4%28.5%
Put IV 25d35.4%30.3%45.9%45.9%30.3%
Bid-Ask Spread %9.435.6015.6012.288.63
Gamma HHI0.190.130.450.160.18
Net GEX4.8M1.6M12.2M3.9M5.7M
Net DEX-90.5M-186.3M11.7M-66.9M-136.9M
Net VEX-797.3K-862.3K-725.9K-803.6K-827.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.480.151.160.210.77
Total Volume4,652.251437,5051,9911,008
Total OI59,341.148,20668,99758,58655,351

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2013-11-01$98.83$99.9145.6%13.1%35.2%43.6%45.7%0.5%-9.2%3.9M-66.9M-803.6K0.2112.28N/AN/A1,64934236,31922,267
2013-11-04$103.39$99.9150.4%11.4%38.4%52.1%39.3%4.0%-2.0%4.9M-128.9M-824.9K0.3112.47N/AN/A6,3521,97536,38922,365
2013-11-05$92.53$99.9136.6%10.8%53.6%27.6%38.7%-1.0%0.8%1.6M11.7M-725.9K0.6015.60N/AN/A23,48814,01739,79022,919
2013-11-06$94.14$95.5733.1%10.5%53.7%21.5%37.7%1.7%0.2%2.6M-21.3M-801.6K0.8711.89N/AN/A2,1891,89643,22724,136
2013-11-07$92.83$95.5734.5%10.4%53.4%23.9%36.8%-0.6%-0.0%1.9M-5.1M-753.3K0.3111.86N/AN/A1,20236742,14423,742
2013-11-08$92.75$95.5732.3%10.2%50.9%20.0%36.0%2.1%0.4%1.8M1.8M-738.4K0.1510.69N/AN/A2,72841442,44823,633
2013-11-11$95.92$0.0032.1%11.1%52.7%19.7%39.4%1.6%-0.1%4.5M-58.9M-792.8K0.858.66N/AN/A1,4681,24844,14423,454
2013-11-12$99.13$65.1628.3%11.0%54.0%12.9%38.4%-0.1%-0.1%6.2M-111.8M-811.8K0.185.60N/AN/A5,7491,04743,88424,023
2013-11-13$101.65$95.5725.4%11.1%54.6%7.7%38.4%0.2%-0.0%9.4M-158.5M-820.7K0.437.48N/AN/A3,2041,38644,55224,445
2013-11-14$103.74$95.5734.5%10.8%54.6%23.9%39.2%-0.3%0.3%12.2M-186.3M-790.1K0.798.71N/AN/A1,23698142,17023,889
2013-11-15$102.87$86.8833.2%10.8%54.6%36.8%0.0%1.6%0.8%8.7M-156.6M-766.7K0.697.34N/AN/A2,1401,47342,09024,616
2013-11-18$101.78$86.8833.1%11.0%54.7%41.1%38.8%1.6%1.2%2.7M-74.4M-775.4K0.498.78N/AN/A2,5711,25029,14919,057
2013-11-19$101.04$86.8833.2%11.0%54.5%41.4%39.3%1.0%1.7%2.9M-71.5M-787.4K0.287.27N/AN/A1,27936030,49719,184
2013-11-20$101.74$86.8832.3%10.9%54.5%38.3%0.0%2.6%1.4%3.4M-81.1M-799.2K0.4112.18N/AN/A1,06943531,28619,286
2013-11-21$103.17$86.8830.9%10.9%54.0%33.6%0.0%2.7%2.8%4.0M-98.3M-803.6K1.1610.33N/AN/A23827631,83019,294
2013-11-22$104.26$86.8831.0%10.8%54.1%34.0%38.9%3.2%3.4%4.3M-110.0M-809.8K0.186.94N/AN/A3,79969131,84219,226
2013-11-25$104.00$86.8830.3%10.7%54.1%31.6%0.0%2.5%3.1%5.0M-121.6M-862.3K0.256.28N/AN/A1,01725935,24919,676
2013-11-26$103.52$86.8829.4%10.8%53.1%28.5%37.7%1.3%4.1%5.0M-114.1M-824.0K0.465.71N/AN/A1,00045734,49219,762
2013-11-27$104.21$86.8829.5%10.7%51.0%28.9%39.4%2.8%3.5%5.2M-122.0M-826.8K0.329.93N/AN/A59518934,98020,015
2013-11-29$105.39$86.8829.3%10.8%50.0%28.1%0.0%1.8%3.5%5.7M-136.9M-827.9K0.778.63N/AN/A56943935,25320,098