HTZ Options History — June 2018

In June 2018, HTZ traded between $12.57 and $17.41. ATM implied volatility averaged 55.6%, placing in the 11.2% IV rank vs the trailing year. The 30-day expected move averaged 15.5%. IV traded below realized volatility by 10.5% (HV 20d: 66.1%). Max pain ranged from $14.77 to $18.25. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 20 of 21 days. Put/call ratio averaged 2.04.

Notable Days

2018-06-18: Highest Volume — 25,194 contracts
2018-06-13: Largest IV drop — 18.4% change
2018-06-12: Highest IV Rank — 18.6%
2018-06-27: Largest Expected Move — 17.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$14.88	$12.57	$17.41	$12.97	$13.31
Max Pain	$17.33	$14.77	$18.25	$14.77	$17.38
ATM IV	55.6%	47.7%	62.2%	50.2%	57.6%
Expected Move	15.5%	13.4%	17.5%	14.4%	16.5%
HV 20d	66.1%	52.6%	91.0%	91.0%	75.4%
HV 60d	71.3%	66.9%	77.0%	66.9%	76.9%
IV Rank	11.2%	2.3%	18.6%	5.1%	13.4%
IV Percentile	20.0%	1.6%	34.5%	6.0%	26.2%
Term Structure	8.2%	-1.3%	14.7%	-1.3%	14.7%
VWIV	55.3%	46.7%	62.4%	50.4%	58.1%
Skew 25d	2.4%	-3.3%	7.0%	2.7%	0.1%
Skew 10d	6.1%	-7.9%	15.7%	7.6%	-2.4%
Call IV 25d	54.3%	43.7%	63.2%	48.5%	57.8%
Put IV 25d	56.6%	49.6%	64.8%	51.2%	58.0%
Bid-Ask Spread %	15.85	9.12	29.60	10.75	11.82
Gamma HHI	0.10	0.08	0.14	0.13	0.09
Net GEX	-1.1M	-1.7M	-220.1K	-1.6M	-1.2M
Net DEX	51.3M	2.7M	97.7M	92.1M	76.6M
Net VEX	-772.1K	-845.7K	-687.3K	-705.6K	-748.7K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	2.04	0.42	4.42	3.18	2.83
Total Volume	12,752.571	5,868	25,194	13,652	10,158
Total OI	279,072.762	256,989	289,683	266,537	288,525

Daily Data (21 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
2018-06-01	$12.97	$14.77	50.2%	14.4%	91.0%	5.1%	50.4%	2.7%	-1.3%	-1.6M	92.1M	-705.6K	3.18	10.75	N/A	N/A	3,269	10,383	71,162	195,375
2018-06-04	$12.57	$18.25	56.3%	14.7%	88.8%	12.0%	54.7%	5.6%	6.9%	-1.6M	97.7M	-687.3K	4.42	9.12	N/A	N/A	4,444	19,627	72,134	197,429
2018-06-05	$12.81	$18.25	52.4%	14.2%	87.7%	7.6%	48.8%	7.0%	7.0%	-1.7M	94.6M	-718.8K	1.51	10.26	N/A	N/A	2,719	4,096	74,420	207,340
2018-06-06	$13.21	$17.38	53.3%	14.0%	58.5%	8.6%	48.3%	5.3%	8.0%	-1.7M	86.9M	-731.9K	2.07	12.09	N/A	N/A	3,553	7,364	74,509	207,716
2018-06-07	$13.69	$17.38	47.9%	13.8%	57.3%	2.5%	49.4%	6.2%	7.4%	-1.5M	73.3M	-724.7K	2.57	10.40	N/A	N/A	2,646	6,794	75,165	199,341
2018-06-08	$13.80	$17.38	47.7%	13.8%	57.4%	2.3%	50.8%	5.3%	8.0%	-1.5M	71.2M	-728.2K	2.31	11.96	N/A	N/A	2,799	6,462	75,419	200,699
2018-06-11	$14.75	$17.38	54.4%	13.4%	61.0%	9.8%	46.7%	5.9%	7.8%	-1.1M	49.9M	-739.7K	1.25	11.42	N/A	N/A	4,639	5,783	76,148	200,934
2018-06-12	$15.96	$17.38	62.2%	14.7%	65.7%	18.6%	50.1%	5.6%	4.3%	-978.3K	27.1M	-769.8K	0.64	29.55	N/A	N/A	12,730	8,201	76,262	202,830
2018-06-13	$15.68	$17.38	50.8%	14.6%	66.1%	5.7%	50.9%	2.8%	6.8%	-919.3K	31.5M	-776.4K	0.93	17.10	N/A	N/A	6,344	5,894	77,409	205,403
2018-06-14	$15.71	$17.38	51.4%	14.7%	65.0%	6.5%	50.8%	2.5%	5.8%	-938.7K	31.2M	-777.8K	1.57	22.04	N/A	N/A	4,156	6,546	79,458	206,577
2018-06-15	$15.35	$17.38	49.7%	14.2%	64.6%	4.5%	50.3%	2.1%	8.2%	-1.3M	42.2M	-771.2K	0.98	13.84	N/A	N/A	8,920	8,722	80,573	209,110
2018-06-18	$15.84	$17.38	57.2%	16.4%	52.6%	13.0%	62.4%	-3.3%	10.4%	-1.1M	40.5M	-790.9K	0.42	29.60	N/A	N/A	17,770	7,424	64,127	192,862
2018-06-19	$16.48	$17.38	58.9%	16.9%	54.0%	14.9%	62.3%	0.2%	8.6%	-481.9K	21.7M	-834.3K	1.74	17.36	N/A	N/A	4,354	7,595	80,942	193,634
2018-06-20	$17.12	$17.38	59.9%	17.2%	55.0%	16.0%	61.5%	1.2%	7.3%	-307.8K	9.0M	-833.7K	1.82	17.53	N/A	N/A	3,963	7,212	82,063	194,361
2018-06-21	$16.82	$17.38	59.8%	17.2%	55.8%	16.0%	61.1%	0.8%	7.4%	-390.3K	15.0M	-839.3K	3.73	23.61	N/A	N/A	2,078	7,740	82,888	195,272
2018-06-22	$17.41	$17.38	59.3%	17.0%	56.3%	15.4%	60.2%	-0.3%	6.4%	-220.1K	2.7M	-843.4K	2.75	16.89	N/A	N/A	3,747	10,306	83,061	196,235
2018-06-25	$16.53	$17.38	59.2%	17.0%	59.3%	15.2%	61.0%	-0.4%	10.2%	-496.8K	22.8M	-845.7K	2.06	17.30	N/A	N/A	3,082	6,340	83,549	200,014
2018-06-26	$14.71	$17.38	58.3%	16.7%	70.1%	14.2%	60.3%	-0.4%	12.6%	-1.0M	55.7M	-803.0K	3.58	14.82	N/A	N/A	2,899	10,382	84,778	200,548
2018-06-27	$14.35	$17.38	61.0%	17.5%	70.9%	17.2%	62.2%	2.2%	11.3%	-1.1M	61.6M	-788.1K	1.34	13.29	N/A	N/A	4,622	6,173	85,614	199,490
2018-06-28	$13.35	$17.38	60.4%	17.3%	75.5%	16.6%	61.5%	-1.8%	14.1%	-1.2M	74.9M	-756.1K	1.16	12.20	N/A	N/A	2,712	3,156	87,392	199,760
2018-06-29	$13.31	$17.38	57.6%	16.5%	75.4%	13.4%	58.1%	0.1%	14.7%	-1.2M	76.6M	-748.7K	2.83	11.82	N/A	N/A	2,652	7,506	87,799	200,726