HTZ Options History — February 2017

In February 2017, HTZ traded between $17.21 and $19.75. ATM implied volatility averaged 67.2%, placing in the 20.4% IV rank vs the trailing year. The 30-day expected move averaged 19.9%. IV traded above realized volatility by 26.1% (HV 20d: 41.2%). Max pain ranged from $17.38 to $19.55. Net GEX was positive for 10 of 19 trading days. Term structure was in contango for 1 of 19 days. Put/call ratio averaged 1.93.

Notable Days

  • 2017-02-16: Highest Volume — 41,852 contracts
  • 2017-02-28: Largest IV drop — 46.0% change
  • 2017-02-27: Highest IV Rank — 34.0%
  • 2017-02-27: Largest Expected Move — 25.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.95$17.21$19.75$18.30$19.54
Max Pain$19.32$17.38$19.55$17.38$19.55
ATM IV67.2%47.8%88.4%54.7%47.8%
Expected Move19.9%13.7%25.3%15.7%13.7%
HV 20d41.2%22.2%68.5%28.6%68.5%
HV 60d50.3%43.0%71.9%71.9%54.5%
IV Rank20.4%7.9%34.0%12.4%7.9%
IV Percentile76.4%17.1%98.8%31.7%17.1%
Term Structure-8.2%-22.8%8.5%8.5%-2.1%
VWIV70.6%50.0%88.6%53.0%50.0%
Skew 25d4.5%0.2%6.9%2.0%3.5%
Skew 10d7.6%-0.2%14.6%1.3%3.3%
Call IV 25d68.0%47.9%88.2%52.7%47.9%
Put IV 25d72.4%51.5%89.7%54.7%51.5%
Bid-Ask Spread %20.8411.2630.7622.0817.36
Gamma HHI0.300.190.700.260.25
Net GEX-238.5K-2.8M430.4K199.4K-456.0K
Net DEX14.0K-28.8M23.9M-7.9M-22.6M
Net VEX-204.7K-244.5K-182.6K-193.8K-213.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.930.547.760.670.71
Total Volume11,844.1584,61741,8529,64121,267
Total OI105,38491,609133,62591,609115,801

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-02-01$18.30$17.3854.7%15.7%28.6%12.4%53.0%2.0%8.5%199.4K-7.9M-193.8K0.6722.08N/AN/A5,7613,88041,77049,839
2017-02-02$17.99$17.3854.1%19.1%22.2%11.9%68.8%6.9%-6.3%252.3K-6.1M-189.8K1.4721.84N/AN/A3,5465,21442,51149,941
2017-02-03$18.62$19.5555.1%18.8%26.5%12.6%69.6%6.2%-5.9%249.3K-11.6M-199.2K0.7322.48N/AN/A5,7454,20542,74752,077
2017-02-06$17.91$19.5558.6%19.6%29.1%14.9%71.7%6.0%-5.5%264.3K-2.6M-194.0K0.5422.95N/AN/A4,0122,16844,59154,522
2017-02-07$17.21$19.5558.7%19.9%30.6%14.9%69.8%2.5%-7.8%73.4K7.0M-189.0K1.5320.31N/AN/A1,9032,90644,97655,009
2017-02-08$17.25$19.5570.2%20.1%30.8%22.3%71.7%6.9%-6.8%163.6K7.4M-188.2K1.5118.85N/AN/A2,4093,62745,72955,542
2017-02-09$17.77$19.5570.3%20.2%33.2%22.4%69.8%5.5%-6.4%246.3K1.1M-193.2K1.0920.80N/AN/A2,2062,41146,39057,247
2017-02-10$17.74$19.5569.4%19.9%32.5%21.8%70.5%4.3%-5.9%340.2K1.1M-192.0K3.2122.75N/AN/A1,6025,13646,72058,085
2017-02-13$17.70$19.5571.2%20.4%32.4%22.9%70.2%6.3%-7.8%430.4K3.2M-184.4K3.6517.97N/AN/A2,3028,39546,87960,005
2017-02-14$18.31$19.5570.8%20.3%35.0%22.7%70.0%6.8%-7.7%-53.2K-6.3M-182.6K1.7418.14N/AN/A1,7833,10047,51265,798
2017-02-15$19.75$19.5570.5%20.2%42.9%22.5%72.0%6.3%-10.2%156.0K-28.8M-189.4K4.0124.57N/AN/A5,13220,59647,99766,437
2017-02-16$18.79$19.5568.2%19.6%46.3%21.0%69.8%5.1%-7.8%-846.8K2.7M-194.7K0.7212.51N/AN/A24,36317,48948,87073,803
2017-02-17$17.35$19.5569.7%20.0%54.4%22.0%70.8%3.2%-8.6%-2.8M23.9M-217.7K2.6322.60N/AN/A6,30516,60949,33384,292
2017-02-21$17.38$19.5572.2%20.7%54.4%23.6%73.9%0.2%-9.5%-522.0K6.3M-227.3K0.6419.72N/AN/A3,0611,96235,66959,712
2017-02-22$17.37$19.5573.8%21.1%54.4%24.6%73.6%2.1%-12.2%-475.0K5.5M-225.7K1.8825.31N/AN/A1,9003,57537,29559,591
2017-02-23$17.35$19.5574.2%21.3%53.7%24.8%78.2%4.8%-13.9%-514.0K7.1M-231.5K7.7630.76N/AN/A1,36710,61137,84461,911
2017-02-24$17.32$19.5579.9%22.9%53.6%28.5%79.9%4.5%-17.7%-631.1K9.9M-238.2K1.1823.76N/AN/A4,7245,56738,04366,677
2017-02-27$17.32$19.5588.4%25.3%53.2%34.0%88.6%1.5%-22.8%-644.7K10.9M-244.5K1.0111.26N/AN/A4,0874,11340,93270,199
2017-02-28$19.54$19.5547.8%13.7%68.5%7.9%50.0%3.5%-2.1%-456.0K-22.6M-213.6K0.7117.36N/AN/A12,4568,81143,30672,495