HTZ Options History — March 2017

In March 2017, HTZ traded between $15.06 and $20.29. ATM implied volatility averaged 48.9%, placing in the 8.6% IV rank vs the trailing year. The 30-day expected move averaged 13.9%. IV traded below realized volatility by 22.1% (HV 20d: 71.0%). Max pain ranged from $15.20 to $19.55. Net GEX was positive for 1 of 23 trading days. Term structure was in contango for 22 of 23 days. Put/call ratio averaged 1.75.

Notable Days

  • 2017-03-21: Highest Volume — 18,289 contracts
  • 2017-03-14: Largest IV spike — 20.7% change
  • 2017-03-27: Highest IV Rank — 14.2%
  • 2017-03-27: Largest Expected Move — 16.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.59$15.06$20.29$19.45$15.25
Max Pain$15.77$15.20$19.55$19.55$15.20
ATM IV48.9%41.6%57.6%45.9%54.4%
Expected Move13.9%12.1%16.5%13.2%15.6%
HV 20d71.0%59.1%77.1%68.6%59.1%
HV 60d54.9%50.3%57.8%54.3%54.6%
IV Rank8.6%4.0%14.2%6.7%12.1%
IV Percentile24.9%9.5%57.1%17.1%39.3%
Term Structure5.4%-1.9%7.9%1.1%6.1%
VWIV49.0%43.4%58.2%47.3%54.9%
Skew 25d2.5%-0.3%5.6%-0.1%4.6%
Skew 10d4.7%-4.0%19.1%-1.3%1.8%
Call IV 25d47.9%40.2%58.0%47.8%52.0%
Put IV 25d50.4%44.6%59.7%47.7%56.5%
Bid-Ask Spread %32.678.6164.8028.9557.34
Gamma HHI0.290.230.450.250.32
Net GEX-485.2K-678.6K42.6K-472.4K-581.2K
Net DEX894.2K-32.2M32.8M-23.0M28.7M
Net VEX-214.5K-282.6K-179.1K-217.6K-282.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.750.665.151.130.88
Total Volume8,097.2173,15918,2899,98711,265
Total OI112,065.8789,291128,641116,268128,641

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-03-01$19.45$19.5545.9%13.2%68.6%6.7%47.3%-0.1%1.1%-472.4K-23.0M-217.6K1.1328.95N/AN/A4,6965,29144,36371,905
2017-03-02$19.70$19.5545.5%13.1%68.6%6.5%47.9%3.3%0.8%-324.3K-26.9M-217.2K0.8515.60N/AN/A1,8451,56144,89970,644
2017-03-03$20.29$19.5545.7%13.1%68.8%6.6%45.0%4.2%-1.9%-203.3K-32.2M-216.9K0.8516.14N/AN/A1,7121,44745,05870,673
2017-03-06$18.45$15.2050.6%13.9%76.5%9.7%48.0%2.9%4.8%-644.0K-10.4M-206.1K1.869.97N/AN/A4,5678,51245,27070,716
2017-03-07$18.28$15.2047.7%13.5%75.3%7.9%46.5%2.9%5.5%-558.7K-6.8M-199.5K1.2411.38N/AN/A2,2442,78443,79868,775
2017-03-08$18.15$15.2050.8%13.2%73.8%9.8%45.3%2.9%6.0%-597.1K-3.7M-193.7K1.708.61N/AN/A1,6472,79944,02068,570
2017-03-09$18.51$15.2045.5%12.4%74.1%6.4%45.2%4.4%7.9%-566.0K-6.1M-202.4K2.418.98N/AN/A1,3583,27644,12969,283
2017-03-10$19.04$15.2043.0%12.4%74.0%4.9%44.2%2.2%7.1%-446.5K-16.4M-199.9K2.2313.79N/AN/A1,5193,38344,54568,984
2017-03-13$18.79$15.2041.6%12.5%74.2%4.0%43.4%2.1%6.3%-466.4K-13.4M-189.5K1.759.49N/AN/A1,4282,49544,77068,749
2017-03-14$18.42$15.2050.3%12.9%74.6%9.5%43.9%2.5%6.2%-519.6K-7.5M-185.3K2.2711.49N/AN/A1,2102,74744,89968,984
2017-03-15$18.96$15.2042.5%12.2%74.3%4.5%44.3%4.4%7.1%-492.0K-15.5M-187.3K1.9912.34N/AN/A1,1212,23444,90269,040
2017-03-16$19.75$15.2042.3%12.1%70.7%4.4%43.8%5.6%7.0%-587.5K-30.2M-180.1K0.9064.80N/AN/A2,8042,52045,04769,150
2017-03-17$18.73$15.2043.7%12.5%71.0%5.3%44.9%1.6%6.9%42.6K-14.0M-179.1K5.1514.50N/AN/A1,8809,67145,33869,659
2017-03-20$18.56$15.2043.8%12.6%64.7%5.4%44.1%4.1%7.4%-166.6K-7.3M-202.0K0.6613.76N/AN/A2,2871,50635,94853,343
2017-03-21$16.79$15.2050.9%14.6%74.4%9.9%51.8%1.9%6.1%-307.4K8.4M-199.3K1.7755.73N/AN/A6,59611,69336,76253,509
2017-03-22$16.17$15.2054.1%15.5%75.5%12.0%53.7%1.7%4.1%-491.8K18.5M-211.5K2.4755.97N/AN/A3,0397,51437,42659,119
2017-03-23$15.54$15.2054.6%15.6%76.5%12.3%55.0%1.1%3.5%-595.4K26.0M-221.7K0.7554.82N/AN/A3,8622,89038,72064,299
2017-03-24$15.06$15.2055.0%15.8%77.1%12.5%57.3%0.2%5.3%-678.6K31.9M-219.1K0.9359.72N/AN/A5,2964,94640,70165,561
2017-03-27$15.07$15.2057.6%16.5%77.1%14.2%58.2%2.6%4.5%-660.6K32.8M-229.6K2.1753.39N/AN/A5,50511,96242,53168,557
2017-03-28$15.08$15.2053.2%15.2%60.9%11.4%54.8%-0.3%7.6%-653.8K30.9M-258.5K2.1460.30N/AN/A3,4307,33146,18873,309
2017-03-29$15.26$15.2053.3%15.3%61.5%11.4%53.6%0.9%7.8%-584.0K27.8M-267.9K2.1957.25N/AN/A2,8046,13347,51674,942
2017-03-30$15.25$15.2053.2%15.2%60.9%11.4%53.2%1.6%7.7%-605.4K29.1M-267.3K2.0357.12N/AN/A3,7727,65448,35475,919
2017-03-31$15.25$15.2054.4%15.6%59.1%12.1%54.9%4.6%6.1%-581.2K28.7M-282.6K0.8857.34N/AN/A5,9825,28350,80177,840