HTZ Options History — July 2018

In July 2018, HTZ traded between $11.90 and $14.93. ATM implied volatility averaged 73.1%, placing in the 30.8% IV rank vs the trailing year. The 30-day expected move averaged 21.7%. IV traded above realized volatility by 1.8% (HV 20d: 71.3%). Max pain ranged from $13.03 to $17.38. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 1.79.

Notable Days

2018-07-16: Highest Volume — 19,205 contracts
2018-07-11: Largest IV spike — 23.0% change
2018-07-31: Highest IV Rank — 53.2%
2018-07-31: Largest Expected Move — 26.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$12.78	$11.90	$14.93	$13.70	$13.27
Max Pain	$14.11	$13.03	$17.38	$17.38	$13.03
ATM IV	73.1%	56.2%	92.9%	58.3%	92.9%
Expected Move	21.7%	16.7%	26.6%	16.7%	26.6%
HV 20d	71.3%	54.9%	82.4%	74.9%	59.4%
HV 60d	78.3%	75.8%	80.7%	77.2%	75.8%
IV Rank	30.8%	11.9%	53.2%	14.2%	53.2%
IV Percentile	61.3%	25.0%	91.3%	28.6%	91.3%
Term Structure	-9.3%	-25.8%	13.3%	13.1%	-25.8%
VWIV	75.7%	59.1%	91.0%	60.5%	91.0%
Skew 25d	4.6%	-0.3%	12.4%	4.7%	10.2%
Skew 10d	8.9%	-0.1%	17.1%	-0.1%	17.1%
Call IV 25d	74.1%	58.6%	85.6%	58.7%	85.6%
Put IV 25d	78.8%	60.3%	96.9%	63.4%	95.7%
Bid-Ask Spread %	17.62	10.94	23.83	11.46	19.52
Gamma HHI	0.11	0.09	0.17	0.09	0.10
Net GEX	-1.1M	-1.3M	-329.7K	-1.2M	-965.7K
Net DEX	73.2M	51.7M	91.3M	72.6M	51.7M
Net VEX	-685.2K	-753.4K	-647.6K	-743.3K	-687.6K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.79	0.52	3.37	2.44	2.72
Total Volume	10,306.905	6,443	19,205	9,932	8,302
Total OI	277,122.238	238,571	312,775	285,699	243,260

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
2018-07-02	$13.70	$17.38	58.3%	16.7%	74.9%	14.2%	60.5%	4.7%	13.1%	-1.2M	72.6M	-743.3K	2.44	11.46	N/A	N/A	2,889	7,043	88,251	197,448
2018-07-03	$13.41	$17.38	58.2%	16.7%	75.3%	14.1%	59.1%	1.7%	13.3%	-1.2M	77.0M	-724.2K	3.37	12.21	N/A	N/A	2,058	6,934	88,934	197,611
2018-07-05	$13.71	$14.77	58.0%	20.8%	74.9%	13.9%	73.1%	5.8%	-9.2%	-1.3M	73.6M	-726.9K	2.95	23.01	N/A	N/A	1,889	5,565	88,900	197,883
2018-07-06	$14.19	$14.77	56.2%	19.6%	74.8%	11.9%	70.0%	4.0%	-4.3%	-1.2M	65.5M	-733.7K	1.26	23.35	N/A	N/A	3,392	4,291	89,053	197,005
2018-07-09	$14.93	$14.77	57.6%	20.4%	76.8%	13.4%	70.0%	7.2%	-9.4%	-1.2M	56.2M	-753.4K	0.52	19.84	N/A	N/A	4,565	2,395	89,840	199,178
2018-07-10	$13.42	$14.77	61.4%	21.6%	82.4%	17.7%	75.7%	2.7%	-10.7%	-1.3M	76.5M	-717.9K	0.81	23.28	N/A	N/A	5,760	4,680	90,991	199,499
2018-07-11	$12.79	$14.77	75.5%	21.6%	77.6%	33.6%	75.9%	2.1%	-9.9%	-1.2M	84.9M	-694.3K	1.30	14.79	N/A	N/A	6,930	8,996	93,603	200,579
2018-07-12	$12.37	$13.90	72.6%	20.8%	78.0%	30.3%	73.4%	-0.3%	-7.1%	-1.1M	85.5M	-680.7K	0.81	22.14	N/A	N/A	3,555	2,888	97,289	199,122
2018-07-13	$12.30	$13.90	74.0%	21.2%	77.8%	31.8%	75.0%	2.5%	-6.6%	-1.1M	85.6M	-678.9K	2.20	17.24	N/A	N/A	2,884	6,342	98,791	199,040
2018-07-16	$11.96	$13.90	76.2%	21.8%	77.9%	34.3%	78.4%	5.0%	-9.5%	-1.1M	91.3M	-657.3K	3.36	14.88	N/A	N/A	4,404	14,801	99,763	200,334
2018-07-17	$11.90	$13.90	78.3%	22.4%	76.3%	36.7%	79.0%	2.0%	-12.3%	-1.0M	87.6M	-648.1K	1.44	15.44	N/A	N/A	4,309	6,218	101,584	198,596
2018-07-18	$11.94	$13.90	74.8%	21.4%	73.9%	32.8%	72.8%	5.8%	-10.0%	-1.0M	88.0M	-647.6K	1.46	10.94	N/A	N/A	3,497	5,114	102,688	202,322
2018-07-19	$12.10	$13.90	74.2%	21.3%	72.0%	32.0%	73.8%	2.4%	-9.5%	-888.4K	87.0M	-653.6K	0.67	18.87	N/A	N/A	9,278	6,259	103,549	202,948
2018-07-20	$12.21	$13.03	75.2%	21.6%	72.6%	33.2%	73.6%	4.5%	-10.5%	-329.7K	81.9M	-661.2K	1.80	18.80	N/A	N/A	5,273	9,498	108,751	204,024
2018-07-23	$12.24	$13.03	76.7%	22.0%	70.5%	34.9%	75.4%	4.1%	-10.1%	-1.0M	64.4M	-669.2K	2.85	14.83	N/A	N/A	2,375	6,769	56,757	182,210
2018-07-24	$12.12	$13.03	76.1%	21.8%	69.4%	34.3%	75.8%	4.3%	-10.2%	-1.1M	65.4M	-656.2K	2.46	15.45	N/A	N/A	2,492	6,131	57,477	181,094
2018-07-25	$12.42	$13.03	77.4%	22.2%	59.4%	35.7%	77.4%	4.5%	-11.5%	-1.0M	61.8M	-661.1K	1.68	11.67	N/A	N/A	2,645	4,437	58,184	180,891
2018-07-26	$12.51	$13.03	82.0%	23.5%	59.3%	40.9%	83.9%	5.0%	-15.0%	-1.0M	60.4M	-667.3K	1.94	15.43	N/A	N/A	3,607	7,000	58,525	181,699
2018-07-27	$12.13	$13.03	87.0%	24.9%	54.9%	46.5%	85.4%	6.9%	-17.3%	-1.0M	64.3M	-654.5K	0.52	23.10	N/A	N/A	7,274	3,812	59,645	180,804
2018-07-30	$12.83	$13.03	91.9%	26.3%	59.1%	52.0%	90.0%	12.4%	-23.2%	-984.1K	55.8M	-671.6K	0.95	23.83	N/A	N/A	5,062	4,832	59,523	181,922
2018-07-31	$13.27	$13.03	92.9%	26.6%	59.4%	53.2%	91.0%	10.2%	-25.8%	-965.7K	51.7M	-687.6K	2.72	19.52	N/A	N/A	2,234	6,068	60,333	182,927