HTZ Options History — April 2016

In April 2016, HTZ traded between $36.66 and $44.22. ATM implied volatility averaged 62.8%, placing in the 52.7% IV rank vs the trailing year. The 30-day expected move averaged 18.2%. IV traded below realized volatility by 6.0% (HV 20d: 68.8%). Max pain ranged from $39.10 to $43.44. Net GEX was positive for 15 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 1.21.

Notable Days

  • 2016-04-11: Highest Volume — 5,196 contracts
  • 2016-04-11: Largest IV spike — 9.6% change
  • 2016-04-12: Highest IV Rank — 64.8%
  • 2016-04-12: Largest Expected Move — 20.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$40.10$36.66$44.22$44.22$40.27
Max Pain$40.96$39.10$43.44$43.44$39.10
ATM IV62.8%58.5%69.7%63.0%61.5%
Expected Move18.2%16.8%20.5%17.9%18.1%
HV 20d68.8%65.0%72.9%69.6%67.6%
HV 60d83.0%78.3%85.8%84.0%78.3%
IV Rank52.7%44.3%64.8%55.9%49.2%
IV Percentile79.5%70.6%90.5%82.5%75.4%
Term Structure-0.4%-3.8%2.6%1.2%-2.3%
VWIV62.6%57.9%66.9%60.4%66.3%
Skew 25d8.5%3.2%11.5%9.7%10.8%
Skew 10d20.6%0.3%42.6%22.4%20.1%
Call IV 25d59.0%54.8%65.2%54.8%57.7%
Put IV 25d67.5%64.1%75.5%64.5%68.5%
Bid-Ask Spread %24.7213.9963.3826.1949.45
Gamma HHI0.210.140.270.140.21
Net GEX66.3K-201.2K221.9K221.9K-64.1K
Net DEX5.4M-6.2M15.2M-3.7M397.7K
Net VEX-192.5K-208.7K-163.4K-208.7K-197.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.210.486.701.040.60
Total Volume2,145.5711,1765,1961,8732,396
Total OI33,971.47630,13438,39030,42738,390

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2016-04-01$44.22$43.4463.0%17.9%69.6%55.9%60.4%9.7%1.2%221.9K-3.7M-208.7K1.0426.19N/AN/A92095315,63514,792
2016-04-04$43.44$43.4464.1%18.8%67.8%55.9%61.8%6.8%0.4%204.5K-1.6M-205.1K1.2618.41N/AN/A75995515,53514,599
2016-04-05$41.57$43.4464.0%18.3%68.8%54.7%62.6%6.2%1.9%104.9K4.0M-195.8K1.1517.54N/AN/A9651,11215,80314,794
2016-04-06$42.88$43.4461.5%18.2%68.5%50.3%61.3%11.1%2.6%161.1K1.0M-199.9K0.9722.30N/AN/A96192916,06214,885
2016-04-07$41.05$43.4463.9%19.2%70.0%54.5%63.7%11.5%2.3%77.5K6.2M-190.8K1.3916.67N/AN/A63488116,28214,942
2016-04-08$42.09$43.4463.5%18.1%69.9%53.9%61.3%8.3%1.4%146.2K3.2M-194.2K1.0413.99N/AN/A57660016,37414,994
2016-04-11$37.40$43.4469.6%19.6%68.3%64.8%62.3%10.5%-0.9%-38.2K14.3M-163.4K0.8714.10N/AN/A2,7812,41516,12914,621
2016-04-12$36.66$43.4469.7%20.5%68.3%64.8%66.9%8.0%1.1%-38.4K15.2M-177.6K0.4818.68N/AN/A1,91691617,63116,104
2016-04-13$39.18$43.4465.6%18.2%72.9%57.6%64.4%10.1%-3.8%106.3K8.5M-193.1K0.7815.63N/AN/A1,14989518,22316,277
2016-04-14$38.53$39.1064.2%17.9%72.5%55.1%64.1%4.8%-1.8%89.6K10.0M-190.6K1.0917.29N/AN/A81889318,53916,340
2016-04-15$37.84$39.1064.2%18.2%70.0%55.2%63.9%3.2%0.5%29.5K12.2M-185.7K1.0225.76N/AN/A84986718,59316,593
2016-04-18$38.58$39.1063.0%18.0%68.3%53.0%61.4%6.7%-1.5%49.1K9.2M-184.2K0.7417.78N/AN/A1,18787616,70215,754
2016-04-19$38.71$39.1060.1%17.2%68.5%47.8%61.5%9.5%-0.1%90.2K8.5M-184.4K1.2617.60N/AN/A8181,03017,23015,951
2016-04-20$38.66$39.1058.5%16.8%68.6%45.0%59.5%9.8%0.6%102.5K7.9M-188.5K1.2428.17N/AN/A58872917,64916,227
2016-04-21$39.31$39.1062.3%18.0%66.8%51.7%63.1%11.2%-2.3%148.8K5.6M-191.7K6.7020.39N/AN/A5483,67317,72816,280
2016-04-22$39.83$39.1061.6%17.7%67.2%50.5%59.7%8.0%-2.0%-53.8K6.2M-202.3K0.7421.50N/AN/A1,16986117,87519,170
2016-04-25$38.18$39.1061.8%18.0%65.0%50.8%66.2%7.0%-1.4%-201.2K12.4M-191.9K1.1520.64N/AN/A65575218,12919,024
2016-04-26$40.96$39.1059.5%18.1%68.0%46.1%62.6%8.0%-1.9%-1.5K1.5M-198.8K0.6863.38N/AN/A1,15878618,37219,017
2016-04-27$42.14$39.1058.8%18.2%69.0%44.8%57.9%9.5%-1.9%165.9K-6.2M-201.2K0.6245.10N/AN/A1,33482518,95518,942
2016-04-28$40.62$39.1058.7%18.2%68.7%44.3%62.8%8.3%-0.0%91.9K-1.4M-197.7K0.5528.63N/AN/A1,24168719,31018,949
2016-04-29$40.27$39.1061.5%18.1%67.6%49.2%66.3%10.8%-2.3%-64.1K397.7K-197.2K0.6049.45N/AN/A1,50189519,39718,993