HTZ Options History — October 2017

In October 2017, HTZ traded between $20.50 and $23.20. ATM implied volatility averaged 76.9%, placing in the 37.9% IV rank vs the trailing year. The 30-day expected move averaged 23.0%. IV traded above realized volatility by 26.5% (HV 20d: 50.3%). Max pain ranged from $17.38 to $21.72. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 1.30.

Notable Days

2017-10-06: Highest Volume — 19,916 contracts
2017-10-11: Largest IV spike — 34.6% change
2017-10-31: Highest IV Rank — 59.3%
2017-10-31: Largest Expected Move — 27.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$21.74	$20.50	$23.20	$20.50	$21.58
Max Pain	$20.34	$17.38	$21.72	$17.38	$19.55
ATM IV	76.9%	57.7%	96.8%	72.3%	96.8%
Expected Move	23.0%	17.3%	27.7%	20.7%	27.7%
HV 20d	50.3%	32.1%	67.6%	67.6%	32.1%
HV 60d	91.4%	75.0%	100.9%	100.9%	75.0%
IV Rank	37.9%	17.2%	59.3%	33.0%	59.3%
IV Percentile	71.6%	30.2%	94.8%	66.7%	94.8%
Term Structure	-9.5%	-21.9%	17.1%	12.3%	-21.9%
VWIV	80.6%	60.8%	96.5%	69.9%	96.5%
Skew 25d	4.7%	1.8%	8.3%	8.3%	2.1%
Skew 10d	9.6%	7.0%	16.7%	12.2%	7.2%
Call IV 25d	78.4%	59.9%	96.6%	67.3%	96.6%
Put IV 25d	83.1%	67.2%	98.8%	75.6%	98.8%
Bid-Ask Spread %	16.78	8.60	42.55	42.55	16.83
Gamma HHI	0.18	0.14	0.31	0.14	0.17
Net GEX	771.8K	40.5K	1.5M	454.1K	482.8K
Net DEX	-120.7M	-185.5M	-54.0M	-103.8M	-72.0M
Net VEX	-673.5K	-728.4K	-646.0K	-728.4K	-666.7K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.30	0.35	3.47	0.73	2.94
Total Volume	10,383.955	4,974	19,916	7,449	11,979
Total OI	337,321.409	225,290	397,763	369,273	243,456

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
2017-10-02	$20.50	$17.38	72.3%	20.7%	67.6%	33.0%	69.9%	8.3%	12.3%	454.1K	-103.8M	-728.4K	0.73	42.55	N/A	N/A	4,307	3,142	120,304	248,969
2017-10-03	$20.84	$17.38	64.4%	18.5%	67.2%	24.5%	68.2%	5.3%	15.8%	599.0K	-114.6M	-699.0K	1.41	13.61	N/A	N/A	2,312	3,252	121,586	250,566
2017-10-04	$21.69	$17.38	60.5%	17.3%	66.9%	20.3%	60.8%	7.3%	17.1%	736.6K	-135.1M	-696.5K	0.35	23.06	N/A	N/A	13,322	4,627	121,140	251,490
2017-10-05	$21.23	$19.55	60.3%	22.1%	65.6%	20.1%	78.4%	4.5%	-8.4%	754.4K	-126.7M	-685.3K	0.97	8.60	N/A	N/A	2,520	2,454	122,424	253,564
2017-10-06	$21.97	$19.55	57.7%	21.8%	65.9%	17.2%	78.8%	4.2%	-9.1%	891.7K	-145.5M	-665.3K	0.87	10.09	N/A	N/A	10,634	9,282	122,470	254,010
2017-10-09	$22.60	$19.55	62.6%	22.2%	66.3%	22.6%	79.1%	5.3%	-10.8%	1.2M	-165.9M	-678.6K	1.28	9.77	N/A	N/A	7,073	9,076	126,183	256,359
2017-10-10	$23.20	$21.72	57.9%	22.3%	66.7%	17.5%	77.2%	4.0%	-12.1%	1.4M	-185.5M	-676.7K	0.69	11.14	N/A	N/A	3,912	2,697	129,379	258,419
2017-10-11	$22.81	$21.72	77.9%	22.3%	67.1%	39.0%	78.3%	4.4%	-11.6%	1.4M	-172.0M	-679.2K	0.50	10.37	N/A	N/A	3,972	1,968	129,531	259,156
2017-10-12	$22.89	$21.72	78.5%	22.5%	44.2%	39.7%	79.0%	3.7%	-12.7%	1.5M	-179.4M	-658.7K	0.96	17.94	N/A	N/A	7,057	6,755	130,782	259,522
2017-10-13	$22.81	$21.72	78.0%	22.4%	43.1%	39.1%	77.9%	5.1%	-12.8%	1.5M	-175.4M	-686.8K	2.50	13.11	N/A	N/A	2,131	5,333	132,466	262,052
2017-10-16	$22.31	$21.72	80.6%	23.1%	43.4%	42.0%	80.5%	4.7%	-13.1%	1.3M	-160.9M	-668.3K	2.05	13.07	N/A	N/A	1,943	3,978	132,470	262,323
2017-10-17	$22.05	$21.72	81.5%	23.4%	43.9%	42.9%	81.3%	5.8%	-14.1%	1.2M	-152.4M	-664.1K	1.75	10.75	N/A	N/A	2,741	4,794	132,441	262,784
2017-10-18	$22.12	$21.72	81.3%	23.3%	42.7%	42.7%	81.5%	5.7%	-14.6%	1.1M	-158.0M	-646.0K	3.47	12.12	N/A	N/A	2,691	9,344	131,867	262,858
2017-10-19	$21.36	$21.72	80.2%	23.0%	44.3%	41.5%	80.9%	4.6%	-13.5%	1.2M	-127.6M	-662.6K	1.86	14.49	N/A	N/A	5,238	9,743	130,101	263,373
2017-10-20	$21.23	$21.72	78.5%	22.5%	44.0%	39.6%	80.1%	7.1%	-12.1%	40.5K	-117.7M	-659.0K	0.74	20.07	N/A	N/A	6,621	4,886	131,897	265,866
2017-10-23	$21.07	$21.72	81.4%	23.3%	42.5%	42.8%	81.8%	3.1%	-11.6%	50.0K	-55.1M	-653.1K	0.98	19.92	N/A	N/A	3,747	3,687	74,975	150,315
2017-10-24	$20.95	$21.72	84.2%	24.1%	42.4%	45.8%	85.5%	3.1%	-13.4%	71.0K	-54.0M	-656.7K	0.79	17.10	N/A	N/A	5,075	4,024	76,270	150,740
2017-10-25	$20.92	$19.55	86.4%	24.8%	41.6%	48.1%	87.1%	4.3%	-14.6%	135.9K	-55.4M	-660.5K	0.81	19.02	N/A	N/A	6,152	4,969	78,875	150,743
2017-10-26	$21.10	$19.55	87.9%	25.2%	41.7%	49.8%	89.1%	1.8%	-15.2%	237.6K	-61.5M	-677.6K	1.02	20.52	N/A	N/A	3,101	3,166	82,345	151,530
2017-10-27	$21.21	$19.55	89.0%	25.5%	36.0%	50.9%	88.7%	4.1%	-14.3%	258.7K	-62.8M	-678.6K	0.67	21.22	N/A	N/A	8,932	5,992	82,599	151,525
2017-10-30	$21.75	$19.55	93.3%	26.7%	32.3%	55.5%	93.1%	4.9%	-18.8%	508.5K	-74.0M	-668.9K	1.19	23.84	N/A	N/A	4,491	5,327	88,164	153,182
2017-10-31	$21.58	$19.55	96.8%	27.7%	32.1%	59.3%	96.5%	2.1%	-21.9%	482.8K	-72.0M	-666.7K	2.94	16.83	N/A	N/A	3,037	8,942	88,895	154,561