HTZ Options History — February 2014

In February 2014, HTZ traded between $108.77 and $126.06. ATM implied volatility averaged 45.0%, placing in the 78.0% IV rank vs the trailing year. The 30-day expected move averaged 10.4%. IV traded above realized volatility by 14.1% (HV 20d: 30.9%). Max pain ranged from $95.57 to $108.60. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 4 of 19 days. Put/call ratio averaged 0.41.

Notable Days

  • 2014-02-19: Highest Volume — 14,001 contracts
  • 2014-02-12: Largest IV drop — 10.4% change
  • 2014-02-25: Highest IV Rank — 100.0%
  • 2014-02-18: Largest Expected Move — 10.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$115.22$108.77$126.06$108.77$121.68
Max Pain$98.31$95.57$108.60$95.57$108.60
ATM IV45.0%37.4%51.7%43.9%50.6%
Expected Move10.4%10.0%10.7%10.7%10.2%
HV 20d30.9%25.9%35.8%25.9%35.8%
HV 60d30.8%29.5%33.0%30.6%33.0%
IV Rank78.0%49.7%100.0%74.8%95.8%
IV Percentile94.2%79.0%100.0%94.8%98.8%
Term Structure-5.2%-10.5%3.7%0.2%-9.1%
VWIV37.0%34.4%40.7%35.6%37.7%
Skew 25d1.4%-4.8%6.0%-4.3%2.5%
Skew 10d3.5%-21.2%14.8%-21.2%9.7%
Call IV 25d45.0%39.7%50.1%45.8%50.1%
Put IV 25d46.4%38.1%54.2%41.5%52.5%
Bid-Ask Spread %17.3212.7924.5319.4018.73
Gamma HHI0.140.120.190.120.13
Net GEX7.0M4.1M9.5M4.1M8.3M
Net DEX-191.6M-366.9M-76.6M-76.6M-305.8M
Net VEX-1.5M-1.5M-1.4M-1.4M-1.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.410.131.660.580.13
Total Volume6,264.42195214,0019,77512,183
Total OI88,060.84278,944102,13778,94494,052

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-02-03$108.77$95.5743.9%10.7%25.9%74.8%35.6%-4.3%0.2%4.1M-76.6M-1.4M0.5819.40N/AN/A6,1983,57748,66530,279
2014-02-04$110.95$95.5742.0%10.6%27.4%67.4%36.4%-4.3%1.6%5.7M-119.7M-1.5M0.2516.17N/AN/A1,64841951,21731,004
2014-02-05$110.08$95.5740.8%10.6%27.2%62.8%0.0%-4.8%3.0%5.2M-107.7M-1.5M0.4618.64N/AN/A1,10751350,78131,042
2014-02-06$112.34$95.5739.1%10.7%28.6%56.1%0.0%-4.5%3.7%6.2M-143.8M-1.5M0.2116.59N/AN/A1,24525751,21331,106
2014-02-07$113.64$95.5741.3%10.4%29.1%64.9%36.7%2.5%-3.5%6.6M-165.3M-1.5M0.1315.08N/AN/A1,81423451,38631,150
2014-02-10$112.73$95.5743.9%10.6%29.1%74.6%34.4%2.4%-4.6%6.8M-152.8M-1.5M0.5313.33N/AN/A62432852,04231,272
2014-02-11$115.29$95.5741.7%10.3%29.6%66.5%37.3%3.2%-3.5%7.7M-192.4M-1.5M0.1715.31N/AN/A1,53326252,19131,418
2014-02-12$111.60$95.5737.4%10.5%31.5%49.7%37.9%2.3%-3.9%6.3M-128.3M-1.4M0.3412.79N/AN/A3,5061,19151,66031,559
2014-02-13$111.21$95.5740.9%10.4%30.6%63.2%40.7%2.0%-4.1%7.0M-117.4M-1.4M0.3016.41N/AN/A2,08461853,88132,509
2014-02-14$111.64$95.5743.9%10.6%30.3%74.7%37.2%0.7%-5.9%7.0M-129.4M-1.4M0.2024.15N/AN/A6,7971,37354,32832,946
2014-02-18$110.90$95.5746.4%10.7%30.3%84.6%36.3%0.9%-8.5%8.6M-114.5M-1.4M0.8923.30N/AN/A1,8691,66357,31133,788
2014-02-19$112.12$95.5747.2%10.6%30.6%87.8%0.0%2.3%-8.9%9.1M-136.9M-1.4M1.6615.67N/AN/A5,2688,73356,88934,367
2014-02-20$117.68$95.5745.2%10.4%35.1%80.0%0.0%2.7%-7.8%9.5M-275.8M-1.5M0.6016.63N/AN/A4,2412,54060,05142,086
2014-02-21$119.46$95.5748.1%10.3%34.2%91.2%37.8%2.9%-10.5%9.5M-303.4M-1.5M0.3214.21N/AN/A8,3492,70959,21742,171
2014-02-24$119.50$95.5748.6%10.4%34.1%93.0%37.1%5.1%-8.8%5.2M-235.5M-1.5M0.2612.86N/AN/A5,5821,46849,49338,130
2014-02-25$121.72$108.6051.7%10.2%32.9%100.0%34.6%4.6%-8.9%6.0M-279.8M-1.5M0.1924.53N/AN/A8,1851,59351,77538,517
2014-02-26$121.89$108.6051.0%10.2%32.5%97.3%38.9%6.0%-9.2%6.8M-289.0M-1.5M0.3519.43N/AN/A5,9022,08153,93839,322
2014-02-27$126.06$108.6051.2%10.0%33.1%98.0%35.8%5.5%-10.1%8.1M-366.9M-1.5M0.2615.89N/AN/A8,9612,36954,23236,168
2014-02-28$121.68$108.6050.6%10.2%35.8%95.8%37.7%2.5%-9.1%8.3M-305.8M-1.5M0.1318.73N/AN/A10,7451,43857,56536,487