HTZ Options History — April 2014

In April 2014, HTZ traded between $112.38 and $123.68. ATM implied volatility averaged 34.5%, placing in the 30.4% IV rank vs the trailing year. The 30-day expected move averaged 10.2%. IV traded below realized volatility by 3.2% (HV 20d: 37.8%). Max pain ranged from $108.60 to $108.60. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 0.45.

Notable Days

  • 2014-04-17: Highest Volume — 7,079 contracts
  • 2014-04-10: Largest IV spike — 29.9% change
  • 2014-04-29: Highest IV Rank — 47.2%
  • 2014-04-22: Largest Expected Move — 10.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$118.93$112.38$123.68$119.55$123.68
Max Pain$108.60$108.60$108.60$108.60$108.60
ATM IV34.5%26.2%40.1%26.6%40.0%
Expected Move10.2%9.9%10.4%10.0%10.4%
HV 20d37.8%33.5%41.4%33.5%36.5%
HV 60d34.7%31.9%36.6%32.0%34.5%
IV Rank30.4%5.1%47.2%6.3%47.0%
IV Percentile51.7%1.6%81.7%2.4%81.7%
Term Structure-1.5%-6.4%6.5%6.4%-6.0%
VWIV35.6%34.0%37.8%35.2%37.6%
Skew 25d3.2%0.5%5.5%2.1%5.4%
Skew 10d6.3%-1.1%17.3%12.2%8.2%
Call IV 25d34.9%26.9%39.8%26.9%37.4%
Put IV 25d38.1%27.6%43.5%29.0%42.8%
Bid-Ask Spread %11.249.0215.259.0215.25
Gamma HHI0.160.130.400.150.14
Net GEX9.1M5.0M20.3M7.8M11.8M
Net DEX-218.0M-324.5M-92.9M-193.5M-324.5M
Net VEX-1.2M-1.3M-1.2M-1.2M-1.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.450.032.870.310.08
Total Volume2,146.4295807,0791,5692,277
Total OI71,829.42967,66277,01267,66275,715

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-04-01$119.55$108.6026.6%10.0%33.5%6.3%35.2%2.1%6.4%7.8M-193.5M-1.2M0.319.02N/AN/A1,19837142,56925,093
2014-04-02$120.76$108.6026.2%10.0%33.7%5.1%36.9%0.5%6.3%8.7M-219.1M-1.2M0.6810.38N/AN/A46431443,34725,275
2014-04-03$119.37$108.6027.2%10.0%33.9%8.1%34.2%0.7%6.5%8.1M-197.9M-1.2M0.2310.56N/AN/A1,64837843,08125,274
2014-04-04$117.20$108.6027.5%9.9%34.4%8.8%34.0%1.9%-1.4%7.4M-163.4M-1.2M0.1810.45N/AN/A1,17520944,40125,167
2014-04-07$112.38$108.6030.5%10.2%37.3%18.0%34.3%1.8%-0.8%5.0M-92.9M-1.2M0.2712.18N/AN/A1,75448145,38525,233
2014-04-08$114.12$108.6029.8%10.0%35.5%16.1%34.4%2.4%-2.7%5.8M-116.6M-1.2M0.189.90N/AN/A1,27123145,66825,465
2014-04-09$119.59$108.6028.7%10.1%38.0%12.5%0.0%3.6%-1.9%9.0M-216.8M-1.3M0.589.58N/AN/A1,16467746,52225,439
2014-04-10$114.77$108.6037.3%10.0%40.9%38.7%35.1%3.3%-1.9%6.1M-128.4M-1.2M0.1612.06N/AN/A5208446,36325,442
2014-04-11$113.68$108.6037.4%10.1%41.0%39.1%37.1%3.0%-2.1%5.7M-113.3M-1.2M0.1811.63N/AN/A1,17320846,44425,415
2014-04-14$112.95$108.6038.9%10.3%37.2%43.7%35.0%2.2%-3.0%5.0M-95.8M-1.2M0.0411.00N/AN/A5,56723847,04825,481
2014-04-15$113.90$108.6038.7%10.2%37.4%43.2%35.2%1.5%-2.6%5.6M-120.8M-1.2M1.2610.50N/AN/A41051449,52325,538
2014-04-16$118.90$108.6038.5%10.2%40.6%42.4%34.7%3.5%-2.7%8.8M-219.2M-1.2M0.0810.93N/AN/A3,34326448,97325,583
2014-04-17$121.94$108.6037.0%10.4%41.4%37.9%35.3%5.3%-2.4%20.3M-314.6M-1.2M0.039.71N/AN/A6,87520451,46425,548
2014-04-21$122.63$108.6036.2%10.4%40.8%35.5%36.7%2.7%-2.0%10.0M-290.2M-1.3M0.1213.15N/AN/A2,46830547,78721,453
2014-04-22$123.37$108.6036.1%10.4%39.3%35.2%37.8%5.5%-2.1%10.4M-306.2M-1.3M0.3412.20N/AN/A43414648,25921,510
2014-04-23$122.98$108.6037.1%10.4%38.6%38.1%35.0%2.9%-3.1%10.6M-308.1M-1.3M0.1112.62N/AN/A1,32014448,57921,607
2014-04-24$122.72$108.6036.7%10.4%37.9%36.9%35.2%3.8%-2.3%11.0M-305.6M-1.3M0.109.84N/AN/A1,91219649,40421,689
2014-04-25$120.85$108.6036.0%10.4%38.4%34.8%35.1%5.0%-1.6%11.2M-279.5M-1.3M0.0610.49N/AN/A1,77810550,63021,821
2014-04-28$119.81$108.6039.0%10.3%38.6%43.9%37.7%3.7%-4.8%11.3M-268.2M-1.3M2.8711.29N/AN/A6431,84651,90721,849
2014-04-29$122.42$108.6040.1%10.3%38.0%47.2%36.1%5.4%-6.4%11.7M-303.8M-1.3M1.6013.24N/AN/A29547152,22423,243
2014-04-30$123.68$108.6040.0%10.4%36.5%47.0%37.6%5.4%-6.0%11.8M-324.5M-1.3M0.0815.25N/AN/A2,11416352,23023,485