HTZ Options History — February 2015

In February 2015, HTZ traded between $90.23 and $102.74. ATM implied volatility averaged 39.3%, placing in the 27.0% IV rank vs the trailing year. The 30-day expected move averaged 11.0%. IV traded above realized volatility by 8.4% (HV 20d: 30.9%). Max pain ranged from $95.57 to $99.91. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 7 of 19 days. Put/call ratio averaged 1.94.

Notable Days

  • 2015-02-03: Highest Volume — 9,466 contracts
  • 2015-02-25: Largest IV drop — 7.3% change
  • 2015-02-03: Highest IV Rank — 44.9%
  • 2015-02-02: Largest Expected Move — 13.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$98.89$90.23$102.74$90.23$100.39
Max Pain$99.23$95.57$99.91$95.57$99.91
ATM IV39.3%29.8%47.9%47.6%29.8%
Expected Move11.0%8.3%13.5%13.5%8.4%
HV 20d30.9%27.7%35.5%32.7%27.8%
HV 60d40.6%38.1%42.4%41.3%38.1%
IV Rank27.0%7.3%44.9%44.1%7.3%
IV Percentile40.2%3.2%78.2%77.4%3.2%
Term Structure-0.4%-2.9%3.6%-0.5%-0.2%
VWIV38.1%28.6%46.5%46.5%28.6%
Skew 25d5.9%2.0%11.6%4.3%3.9%
Skew 10d15.5%3.9%32.6%22.9%3.9%
Call IV 25d36.1%24.5%42.6%42.6%28.2%
Put IV 25d42.0%32.1%52.2%46.9%32.1%
Bid-Ask Spread %16.878.2223.9323.608.22
Gamma HHI0.200.130.290.130.19
Net GEX6.1M1.4M10.4M1.4M3.7M
Net DEX-132.8M-223.3M-974.7K-974.7K-116.6M
Net VEX-1.1M-1.2M-949.7K-1.1M-974.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.940.516.716.711.39
Total Volume5,089.8422,2039,4666,2825,329
Total OI82,951.68473,16889,43082,49281,212

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-02-02$90.23$95.5747.6%13.5%32.7%44.1%46.5%4.3%-0.5%1.4M-974.7K-1.1M6.7123.60N/AN/A8155,46747,37535,117
2015-02-03$94.22$95.5747.9%12.8%32.3%44.9%43.5%10.2%-2.4%3.1M-55.4M-1.1M1.5420.43N/AN/A3,7255,74147,61031,121
2015-02-04$93.70$95.5744.6%12.7%32.0%37.9%43.2%9.0%-1.6%3.8M-57.9M-1.1M3.9323.93N/AN/A1,4235,59050,54730,885
2015-02-05$97.74$99.9144.6%12.4%35.5%38.0%41.8%8.0%-2.0%5.8M-124.7M-1.2M1.7618.69N/AN/A3,2535,71751,08731,183
2015-02-06$98.05$99.9145.4%11.7%35.1%39.6%41.7%5.8%-1.2%6.3M-134.7M-1.2M0.5117.69N/AN/A2,0151,03452,65531,641
2015-02-09$98.70$99.9144.3%11.9%34.9%37.3%40.7%7.0%-2.4%7.4M-146.4M-1.2M1.4216.31N/AN/A1,4702,08953,37831,557
2015-02-10$98.61$99.9143.5%11.9%34.7%35.6%41.9%7.1%-2.9%7.6M-146.2M-1.1M2.0614.82N/AN/A9361,92654,02331,315
2015-02-11$98.65$99.9140.9%11.7%34.5%30.4%40.2%2.3%-0.7%8.0M-140.9M-1.1M3.5816.85N/AN/A5662,02754,13631,337
2015-02-12$99.96$99.9138.6%11.2%29.8%25.6%38.6%4.0%0.5%9.4M-168.4M-1.1M1.8315.95N/AN/A7781,42554,23731,421
2015-02-13$100.00$99.9136.5%10.8%28.3%21.2%37.7%2.0%3.6%9.6M-174.3M-1.1M0.8914.48N/AN/A1,7971,59654,51531,650
2015-02-17$101.69$99.9138.1%10.9%28.6%24.5%37.6%5.9%0.4%9.6M-211.3M-1.1M1.0416.33N/AN/A2,1652,24654,55431,720
2015-02-18$101.52$99.9137.0%10.6%28.6%22.3%37.5%5.0%0.5%10.0M-203.8M-1.0M0.9514.74N/AN/A3,8103,63354,50132,911
2015-02-19$102.74$99.9135.2%9.9%28.4%18.5%36.9%3.5%2.7%10.4M-223.3M-1.0M1.5616.57N/AN/A1,9923,10554,93734,159
2015-02-20$100.78$99.9136.0%10.2%29.5%20.1%36.4%5.2%1.9%3.9M-184.1M-999.1K3.5412.63N/AN/A1,0693,78354,71734,713
2015-02-23$100.00$99.9135.9%10.4%28.4%20.0%34.7%5.8%-0.1%3.0M-100.5M-999.6K1.5817.91N/AN/A1,8452,90942,83330,335
2015-02-24$98.87$99.9135.6%10.4%28.7%19.3%36.1%5.0%-1.3%2.0M-79.9M-995.1K0.7717.56N/AN/A3,2322,48343,77831,765
2015-02-25$100.78$99.9133.0%8.3%29.3%14.0%29.4%5.9%0.4%5.5M-116.0M-968.0K0.7114.82N/AN/A2,5561,80945,90532,554
2015-02-26$102.22$99.9132.0%8.5%27.7%11.8%30.2%11.6%-2.3%4.9M-138.4M-949.7K1.1218.95N/AN/A2,5232,82845,95732,741
2015-02-27$100.39$99.9129.8%8.4%27.8%7.3%28.6%3.9%-0.2%3.7M-116.6M-974.1K1.398.22N/AN/A2,2343,09547,28233,930