HTZ Options History — November 2018

In November 2018, HTZ traded between $12.62 and $18.08. ATM implied volatility averaged 81.4%, placing in the 39.4% IV rank vs the trailing year. The 30-day expected move averaged 20.1%. IV traded below realized volatility by 5.6% (HV 20d: 87.0%). Max pain ranged from $12.16 to $16.51. Net GEX was positive for 5 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 1.35.

Notable Days

2018-11-28: Highest Volume — 34,628 contracts
2018-11-09: Largest IV drop — 53.3% change
2018-11-05: Highest IV Rank — 100.0%
2018-11-02: Largest Expected Move — 35.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$15.59	$12.62	$18.08	$12.62	$16.21
Max Pain	$14.31	$12.16	$16.51	$13.90	$16.51
ATM IV	81.4%	57.1%	140.0%	117.4%	63.4%
Expected Move	20.1%	16.4%	35.1%	33.7%	18.2%
HV 20d	87.0%	76.3%	100.4%	77.9%	89.2%
HV 60d	68.1%	60.2%	73.0%	62.0%	72.8%
IV Rank	39.4%	12.2%	100.0%	84.2%	18.9%
IV Percentile	67.3%	34.5%	100.0%	98.4%	58.3%
Term Structure	-6.2%	-43.5%	1.9%	-38.3%	-1.3%
VWIV	70.2%	57.5%	121.4%	113.5%	64.7%
Skew 25d	7.4%	4.7%	15.4%	13.3%	4.7%
Skew 10d	16.8%	7.1%	31.5%	28.9%	9.0%
Call IV 25d	66.8%	54.8%	112.7%	110.4%	62.9%
Put IV 25d	74.2%	59.9%	128.1%	123.7%	67.6%
Bid-Ask Spread %	19.21	13.30	28.16	20.88	22.42
Gamma HHI	0.11	0.09	0.22	0.13	0.09
Net GEX	-272.3K	-871.4K	595.6K	-871.4K	-183.0K
Net DEX	-572.9K	-38.0M	48.5M	48.5M	-4.3M
Net VEX	-606.9K	-634.1K	-583.9K	-583.9K	-613.6K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.35	0.38	5.73	1.90	0.89
Total Volume	10,730.714	3,852	34,628	11,984	7,183
Total OI	251,968.143	239,222	271,354	240,905	270,050

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
2018-11-01	$12.62	$13.90	117.4%	33.7%	77.9%	84.2%	113.5%	13.3%	-38.3%	-871.4K	48.5M	-583.9K	1.90	20.88	N/A	N/A	4,133	7,851	71,985	168,920
2018-11-02	$12.81	$13.90	122.5%	35.1%	78.2%	90.2%	121.4%	15.4%	-43.5%	-827.0K	45.5M	-588.2K	1.59	23.91	N/A	N/A	3,531	5,610	72,518	166,704
2018-11-05	$13.39	$12.16	134.6%	24.4%	78.9%	100.0%	84.5%	9.8%	-11.3%	-766.6K	36.1M	-605.6K	0.65	19.62	N/A	N/A	4,062	2,652	72,943	166,962
2018-11-06	$13.64	$12.16	126.3%	23.0%	78.5%	90.6%	80.5%	8.5%	-8.0%	-752.6K	32.9M	-612.2K	1.13	19.79	N/A	N/A	3,530	3,978	74,069	168,299
2018-11-07	$14.36	$13.03	122.5%	21.9%	78.6%	86.4%	77.2%	7.1%	-6.2%	-640.1K	20.9M	-622.0K	0.62	17.41	N/A	N/A	4,709	2,914	75,359	168,922
2018-11-08	$14.13	$13.03	140.0%	22.7%	78.9%	100.0%	78.5%	4.9%	-6.4%	-640.8K	23.6M	-618.1K	2.63	15.53	N/A	N/A	6,622	17,411	76,813	169,015
2018-11-09	$16.86	$13.03	65.5%	17.2%	100.0%	21.0%	60.0%	6.9%	-0.4%	-97.8K	-28.6M	-634.1K	0.40	16.80	N/A	N/A	21,430	8,611	81,278	180,499
2018-11-12	$16.52	$13.90	72.2%	17.8%	100.3%	28.1%	60.9%	7.0%	-2.9%	99.6K	-26.2M	-616.6K	1.03	17.47	N/A	N/A	4,750	4,873	85,282	182,800
2018-11-13	$16.39	$13.90	74.3%	17.1%	100.4%	30.4%	60.4%	6.0%	1.0%	107.9K	-23.4M	-609.1K	1.36	16.99	N/A	N/A	2,149	2,919	85,491	183,037
2018-11-14	$16.39	$13.90	61.4%	17.6%	100.4%	16.7%	62.1%	7.2%	0.3%	79.5K	-20.4M	-626.2K	1.70	18.70	N/A	N/A	1,998	3,387	85,286	183,561
2018-11-15	$16.65	$14.77	59.1%	16.9%	94.1%	14.2%	58.7%	6.1%	0.7%	198.7K	-26.1M	-618.0K	0.47	19.64	N/A	N/A	5,154	2,400	85,305	183,705
2018-11-16	$16.40	$14.77	58.2%	16.7%	94.6%	13.3%	58.8%	6.2%	0.4%	595.6K	-22.3M	-613.2K	0.98	18.26	N/A	N/A	3,107	3,050	87,414	183,940
2018-11-19	$16.24	$14.77	57.1%	16.4%	94.7%	12.2%	57.8%	6.3%	1.3%	-290.3K	-4.4M	-603.2K	1.37	18.92	N/A	N/A	1,809	2,485	72,582	166,666
2018-11-20	$15.14	$14.77	63.6%	18.2%	98.8%	19.0%	62.6%	6.3%	-4.0%	-517.8K	12.8M	-592.3K	1.06	19.27	N/A	N/A	2,319	2,447	73,117	166,866
2018-11-21	$15.82	$14.77	57.7%	16.6%	82.7%	12.8%	57.5%	5.1%	1.9%	-351.2K	1.6M	-592.8K	0.47	17.83	N/A	N/A	3,696	1,740	72,998	166,725
2018-11-23	$15.90	$14.77	61.4%	17.6%	79.9%	16.6%	60.2%	5.2%	-3.1%	-360.1K	-455.5K	-597.8K	0.89	22.86	N/A	N/A	2,043	1,809	74,144	166,831
2018-11-26	$16.66	$14.77	61.4%	17.6%	77.1%	16.7%	61.5%	8.4%	-1.3%	-178.7K	-13.6M	-594.6K	1.70	13.30	N/A	N/A	2,171	3,687	74,451	166,803
2018-11-27	$17.02	$15.64	57.5%	16.5%	76.3%	12.6%	60.7%	6.5%	-0.7%	-107.7K	-21.6M	-585.3K	5.73	17.66	N/A	N/A	1,614	9,239	74,790	167,321
2018-11-28	$18.08	$15.64	65.6%	18.8%	77.4%	21.1%	66.4%	6.2%	-4.4%	-77.0K	-38.0M	-599.2K	0.38	18.00	N/A	N/A	25,022	9,606	75,062	173,193
2018-11-29	$16.19	$16.51	66.8%	19.1%	89.9%	22.4%	66.2%	7.5%	-3.8%	-137.9K	-4.6M	-618.3K	1.44	28.16	N/A	N/A	7,246	10,398	92,200	177,425
2018-11-30	$16.21	$16.51	63.4%	18.2%	89.2%	18.9%	64.7%	4.7%	-1.3%	-183.0K	-4.3M	-613.6K	0.89	22.42	N/A	N/A	3,799	3,384	91,142	178,908