HTZ Options History — October 2015

In October 2015, HTZ traded between $72.24 and $85.97. ATM implied volatility averaged 45.3%, placing in the 38.0% IV rank vs the trailing year. The 30-day expected move averaged 13.2%. IV traded below realized volatility by 7.8% (HV 20d: 53.1%). Max pain ranged from $78.19 to $82.54. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 1.10.

Notable Days

2015-10-07: Highest Volume — 12,600 contracts
2015-10-09: Largest IV spike — 7.9% change
2015-10-01: Highest IV Rank — 47.8%
2015-10-01: Largest Expected Move — 15.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$82.33	$72.24	$85.97	$72.24	$84.84
Max Pain	$82.14	$78.19	$82.54	$78.19	$82.54
ATM IV	45.3%	42.8%	50.3%	50.3%	44.5%
Expected Move	13.2%	12.2%	15.1%	15.1%	13.2%
HV 20d	53.1%	43.3%	61.7%	46.1%	43.3%
HV 60d	54.8%	51.2%	61.2%	56.5%	51.2%
IV Rank	38.0%	33.4%	47.8%	47.8%	37.2%
IV Percentile	59.7%	45.2%	81.7%	81.7%	59.1%
Term Structure	-0.2%	-2.4%	1.2%	0.6%	-0.6%
VWIV	46.2%	42.5%	50.5%	50.5%	48.3%
Skew 25d	6.9%	4.6%	8.9%	8.7%	7.3%
Skew 10d	18.1%	5.8%	38.3%	12.8%	16.7%
Call IV 25d	42.6%	39.9%	46.0%	46.0%	41.2%
Put IV 25d	49.5%	46.7%	54.7%	54.7%	48.5%
Bid-Ask Spread %	23.29	15.44	91.89	91.89	20.02
Gamma HHI	0.20	0.14	0.25	0.14	0.20
Net GEX	5.3M	1.0M	8.0M	1.0M	8.0M
Net DEX	-88.1M	-129.3M	35.4M	35.4M	-124.9M
Net VEX	-780.1K	-876.8K	-673.0K	-673.0K	-741.1K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.10	0.15	4.49	0.50	1.15
Total Volume	4,075.455	1,252	12,600	3,936	2,200
Total OI	85,629.636	79,024	91,914	81,704	87,826

Daily Data (22 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
2015-10-01	$72.24	$78.19	50.3%	15.1%	46.1%	47.8%	50.5%	8.7%	0.6%	1.0M	35.4M	-673.0K	0.50	91.89	N/A	N/A	2,617	1,319	53,586	28,118
2015-10-02	$75.89	$78.19	47.4%	13.9%	49.7%	41.6%	46.0%	6.2%	1.2%	2.1M	1.4M	-726.0K	4.49	25.62	N/A	N/A	844	3,784	54,564	28,030
2015-10-05	$79.37	$82.54	45.8%	13.6%	51.9%	38.2%	47.6%	5.5%	-0.3%	3.2M	-36.9M	-753.3K	0.28	20.40	N/A	N/A	976	276	52,986	26,038
2015-10-06	$76.67	$82.54	47.5%	13.6%	52.8%	41.9%	49.9%	7.8%	0.7%	2.5M	-10.5M	-697.1K	2.45	19.76	N/A	N/A	1,179	2,889	53,469	26,175
2015-10-07	$80.06	$82.54	46.1%	13.3%	55.1%	38.8%	47.2%	4.6%	0.9%	3.7M	-45.0M	-750.5K	0.71	19.47	N/A	N/A	7,368	5,232	53,545	26,209
2015-10-08	$85.97	$82.54	43.9%	12.6%	60.4%	34.1%	45.5%	6.3%	0.5%	5.0M	-128.4M	-863.6K	0.49	22.50	N/A	N/A	7,508	3,699	54,477	28,331
2015-10-09	$83.32	$82.54	47.4%	13.6%	61.7%	41.5%	45.0%	8.0%	-0.0%	5.2M	-112.5M	-876.8K	1.57	23.88	N/A	N/A	1,974	3,093	59,191	30,676
2015-10-12	$83.36	$82.54	46.7%	13.4%	61.4%	40.1%	47.7%	7.9%	0.3%	5.1M	-102.0M	-841.0K	1.67	17.00	N/A	N/A	2,042	3,402	57,725	30,424
2015-10-13	$83.45	$82.54	47.0%	13.4%	59.5%	40.7%	46.2%	5.6%	-0.4%	5.7M	-105.5M	-854.6K	0.61	21.15	N/A	N/A	2,501	1,526	59,080	30,794
2015-10-14	$84.71	$82.54	46.0%	13.1%	59.4%	38.5%	44.9%	6.7%	0.0%	6.8M	-129.3M	-848.6K	1.14	20.52	N/A	N/A	1,618	1,843	59,952	30,752
2015-10-15	$84.62	$82.54	45.7%	13.1%	59.3%	37.9%	45.1%	7.4%	0.6%	6.6M	-125.2M	-844.8K	0.74	18.29	N/A	N/A	2,049	1,507	60,236	30,983
2015-10-16	$82.97	$82.54	45.5%	12.9%	56.6%	37.4%	45.8%	8.7%	-0.7%	4.9M	-105.4M	-832.0K	0.89	15.44	N/A	N/A	1,304	1,161	60,863	31,051
2015-10-19	$84.14	$82.54	42.8%	12.2%	56.5%	33.5%	43.6%	6.5%	1.1%	5.6M	-107.5M	-800.8K	0.87	18.98	N/A	N/A	1,264	1,095	55,407	27,302
2015-10-20	$84.80	$82.54	44.2%	12.6%	52.9%	36.6%	42.5%	6.1%	-2.4%	5.8M	-118.4M	-805.0K	0.61	19.24	N/A	N/A	1,535	944	55,634	27,336
2015-10-21	$82.88	$82.54	43.5%	12.5%	52.7%	35.1%	43.9%	5.9%	-1.6%	5.5M	-94.6M	-782.4K	0.69	15.85	N/A	N/A	1,321	907	56,048	27,388
2015-10-22	$83.15	$82.54	44.0%	12.7%	52.7%	36.0%	44.2%	7.2%	-1.3%	5.9M	-94.3M	-768.1K	0.15	21.18	N/A	N/A	6,028	885	56,231	27,481
2015-10-23	$83.58	$82.54	43.6%	12.6%	51.6%	35.3%	44.3%	6.1%	-1.1%	6.5M	-106.0M	-773.7K	0.69	19.11	N/A	N/A	1,458	1,006	60,846	27,518
2015-10-26	$84.45	$82.54	42.8%	12.7%	46.3%	33.4%	46.2%	6.9%	-0.2%	7.1M	-116.4M	-748.2K	0.88	18.01	N/A	N/A	1,128	990	59,270	27,244
2015-10-27	$81.75	$82.54	44.3%	13.3%	46.0%	36.9%	49.2%	6.5%	-0.4%	5.6M	-69.6M	-693.3K	1.52	20.76	N/A	N/A	1,026	1,556	59,491	27,278
2015-10-28	$84.40	$82.54	44.3%	13.4%	46.1%	36.9%	46.5%	8.9%	-1.4%	7.1M	-118.0M	-743.2K	0.89	23.06	N/A	N/A	1,286	1,148	59,601	27,251
2015-10-29	$84.58	$82.54	43.8%	13.5%	45.9%	35.8%	46.2%	7.1%	-0.3%	7.7M	-124.2M	-745.1K	1.26	20.21	N/A	N/A	962	1,210	60,173	27,272
2015-10-30	$84.84	$82.54	44.5%	13.2%	43.3%	37.2%	48.3%	7.3%	-0.6%	8.0M	-124.9M	-741.1K	1.15	20.02	N/A	N/A	1,026	1,174	60,446	27,380