HTZ Options History — September 2018

In September 2018, HTZ traded between $14.19 and $17.25. ATM implied volatility averaged 58.0%, placing in the 14.5% IV rank vs the trailing year. The 30-day expected move averaged 16.6%. IV traded below realized volatility by 2.7% (HV 20d: 60.7%). Max pain ranged from $15.64 to $16.51. Net GEX was positive for 1 of 19 trading days. Term structure was in contango for 17 of 19 days. Put/call ratio averaged 1.14.

Notable Days

  • 2018-09-21: Highest Volume — 13,310 contracts
  • 2018-09-11: Largest IV spike — 8.3% change
  • 2018-09-11: Highest IV Rank — 18.8%
  • 2018-09-24: Largest Expected Move — 17.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$15.81$14.19$17.25$15.46$14.19
Max Pain$15.73$15.64$16.51$16.51$15.64
ATM IV58.0%55.6%61.7%57.4%58.4%
Expected Move16.6%16.0%17.0%16.5%16.7%
HV 20d60.7%43.5%101.2%101.2%43.5%
HV 60d75.2%71.5%79.1%79.1%71.6%
IV Rank14.5%11.7%18.8%13.8%14.9%
IV Percentile37.6%29.8%49.6%32.5%42.5%
Term Structure7.0%-0.9%15.6%-0.9%14.3%
VWIV58.0%56.0%59.4%58.7%59.2%
Skew 25d4.5%2.6%6.3%2.7%4.7%
Skew 10d10.1%3.0%16.0%7.0%7.8%
Call IV 25d56.5%54.6%57.7%57.5%56.8%
Put IV 25d61.0%59.3%63.2%60.2%61.5%
Bid-Ask Spread %12.949.4429.0912.6113.79
Gamma HHI0.080.070.110.070.11
Net GEX-509.5K-961.5K294.4K-731.3K-961.5K
Net DEX10.7M-24.1M36.2M22.8M36.2M
Net VEX-741.0K-783.9K-678.0K-768.2K-678.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.140.231.801.111.72
Total Volume7,6563,99413,3105,2277,788
Total OI289,874.842270,022300,077289,364278,674

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-09-04$15.46$16.5157.4%16.5%101.2%13.8%58.7%2.7%-0.9%-731.3K22.8M-768.2K1.1112.61N/AN/A2,4782,74998,902190,462
2018-09-05$16.01$16.5157.1%16.4%66.7%13.4%58.2%3.0%-0.5%-553.5K12.6M-775.4K0.5911.62N/AN/A3,3771,97999,620190,266
2018-09-06$15.66$15.6458.3%16.0%62.9%14.9%59.4%4.4%7.3%-611.7K18.9M-777.6K1.0329.09N/AN/A1,9662,028101,090190,278
2018-09-07$15.73$15.6455.6%16.1%57.1%11.7%56.9%4.7%7.7%-636.4K18.4M-760.7K0.9410.47N/AN/A2,4032,250100,958190,494
2018-09-10$16.33$15.6457.0%16.4%59.0%13.3%57.1%2.6%4.5%-367.1K5.2M-759.1K0.5810.99N/AN/A3,9562,294101,700191,022
2018-09-11$16.53$15.6461.7%16.9%59.1%18.8%57.9%6.3%4.9%-251.8K1.5M-766.2K0.2314.44N/AN/A8,6421,977102,324190,931
2018-09-12$17.25$15.6457.3%16.4%60.2%13.6%57.3%6.2%4.7%294.4K-24.1M-783.9K0.379.44N/AN/A8,9143,339109,024191,053
2018-09-13$16.38$15.6458.5%16.8%62.7%15.1%57.8%5.0%4.6%-250.7K-1.3M-778.3K1.5819.31N/AN/A4,6867,401107,963191,666
2018-09-14$16.25$15.6456.8%16.3%60.2%13.0%56.0%5.9%5.6%-399.2K3.0M-772.0K0.8012.14N/AN/A4,0663,257107,354192,393
2018-09-17$16.22$15.6458.3%16.7%59.2%14.8%58.5%5.7%5.7%-402.7K3.9M-755.6K1.5912.91N/AN/A2,2713,616108,008190,613
2018-09-18$16.46$15.6457.3%16.4%59.6%13.6%57.5%5.3%4.7%-206.4K-2.9M-752.8K1.6510.95N/AN/A2,0723,409108,575190,602
2018-09-19$16.67$15.6458.8%16.9%58.5%15.4%56.0%5.2%5.0%-69.0K-8.5M-745.7K1.1310.97N/AN/A3,6614,121108,407190,136
2018-09-20$16.01$15.6458.5%16.8%59.7%15.0%58.8%4.5%4.8%-675.4K7.7M-729.3K1.0712.41N/AN/A3,7874,039107,198189,608
2018-09-21$15.95$15.6457.3%16.4%54.4%13.7%56.3%4.2%5.3%-573.3K6.1M-725.8K1.8013.68N/AN/A4,7628,548108,006189,918
2018-09-24$15.11$15.6459.1%17.0%57.2%15.8%59.0%4.0%12.3%-751.1K21.0M-695.7K1.449.61N/AN/A3,3524,81893,452176,570
2018-09-25$14.78$15.6458.2%16.7%57.5%14.8%59.0%4.6%14.3%-830.3K26.8M-688.7K1.2110.17N/AN/A3,3374,02394,903177,223
2018-09-26$14.69$15.6458.1%16.7%57.3%14.6%58.3%3.1%13.3%-826.4K26.7M-684.7K1.3410.50N/AN/A2,6383,53195,902177,659
2018-09-27$14.61$15.6458.0%16.6%56.9%14.5%59.4%2.6%15.6%-876.5K29.1M-682.1K1.4810.67N/AN/A3,1964,73396,537178,131
2018-09-28$14.19$15.6458.4%16.7%43.5%14.9%59.2%4.7%14.3%-961.5K36.2M-678.0K1.7213.79N/AN/A2,8644,92497,677180,997