HTZ Options History — September 2019

In September 2019, HTZ traded between $11.84 and $15.02. ATM implied volatility averaged 52.5%, placing in the 6.5% IV rank vs the trailing year. The 30-day expected move averaged 15.1%. IV traded below realized volatility by 1.8% (HV 20d: 54.2%). Max pain ranged from $15.00 to $17.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 2.63.

Notable Days

  • 2019-09-03: Highest Volume — 21,331 contracts
  • 2019-09-04: Largest IV drop — 7.6% change
  • 2019-09-03: Highest IV Rank — 13.8%
  • 2019-09-03: Largest Expected Move — 17.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$13.67$11.84$15.02$11.84$13.86
Max Pain$16.00$15.00$17.00$15.00$16.00
ATM IV52.5%48.5%59.3%59.3%52.3%
Expected Move15.1%13.9%17.0%17.0%14.8%
HV 20d54.2%45.8%64.9%48.4%54.4%
HV 60d48.3%43.9%50.8%44.0%48.5%
IV Rank6.5%2.3%13.8%13.8%6.3%
IV Percentile18.8%2.4%45.6%45.6%21.0%
Term Structure1.2%-1.6%17.4%-0.9%17.4%
VWIV53.0%48.4%73.4%73.4%52.5%
Skew 25d4.0%-1.9%9.5%5.6%2.4%
Skew 10d12.4%-3.1%30.3%18.3%7.2%
Call IV 25d50.7%46.3%55.8%55.8%51.0%
Put IV 25d54.7%51.9%61.4%61.4%53.3%
Bid-Ask Spread %26.8219.9534.4230.0028.83
Gamma HHI0.170.140.210.140.16
Net GEX-1.6M-1.9M-1.1M-1.1M-1.7M
Net DEX80.2M53.4M107.7M95.4M79.9M
Net VEX-547.0K-632.1K-434.4K-435.6K-536.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.630.2123.8923.890.83
Total Volume4,757.7551321,33121,3312,235
Total OI255,904.1237,366270,168237,366248,357

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-09-03$11.84$15.0059.3%17.0%48.4%13.8%73.4%5.6%-0.9%-1.1M95.4M-435.6K23.8930.00N/AN/A85720,47475,756161,610
2019-09-04$11.89$17.0054.8%15.8%45.8%9.0%52.5%-0.2%1.0%-1.1M107.7M-434.4K3.6234.42N/AN/A7792,82175,852171,884
2019-09-05$12.43$16.0055.4%15.6%49.1%9.6%54.8%6.3%0.2%-1.3M102.7M-470.2K0.4422.99N/AN/A1,34159576,378174,025
2019-09-06$12.36$16.0054.5%15.9%48.3%8.6%52.3%8.0%-1.2%-1.3M102.0M-471.4K2.4621.43N/AN/A1,5203,74376,935174,159
2019-09-09$13.85$16.0051.2%15.0%64.9%5.1%52.8%2.4%1.4%-1.7M79.0M-574.8K0.4520.76N/AN/A9,5794,30276,682177,290
2019-09-10$14.22$16.0052.3%15.1%58.0%6.3%53.1%3.0%0.2%-1.6M67.2M-600.8K0.9120.15N/AN/A1,7781,62681,171180,523
2019-09-11$14.36$16.0051.4%15.3%58.0%5.3%53.0%4.0%2.3%-1.6M64.8M-604.0K1.9833.69N/AN/A3,2236,39281,162181,247
2019-09-12$14.97$16.0051.1%14.5%55.5%5.1%53.7%9.5%-0.7%-1.9M53.6M-630.0K2.6833.66N/AN/A1,8264,89080,953184,566
2019-09-13$15.02$16.0050.4%14.3%52.2%4.2%50.2%5.8%-0.5%-1.9M53.4M-632.1K1.5025.65N/AN/A1,6062,40580,869186,397
2019-09-16$14.85$16.0051.2%14.6%52.8%5.1%51.6%5.7%0.2%-1.8M60.4M-620.6K0.2129.69N/AN/A97620379,183187,222
2019-09-17$14.57$16.0048.5%13.9%53.3%2.3%49.0%3.0%1.7%-1.8M69.0M-604.5K0.5426.45N/AN/A2,8291,54179,414187,280
2019-09-18$14.05$16.0051.5%14.8%55.2%5.4%48.4%4.4%-1.0%-1.7M84.0M-575.2K0.8828.51N/AN/A70562381,398188,309
2019-09-19$13.47$16.0051.7%14.9%56.6%5.7%50.2%1.5%-0.9%-1.6M94.9M-544.7K2.6024.83N/AN/A7281,89181,816188,352
2019-09-20$13.38$16.0053.4%15.4%56.7%7.5%53.6%-1.9%-1.6%-1.5M95.6M-538.1K0.5723.91N/AN/A2,4641,39482,039187,763
2019-09-23$13.74$16.0052.2%14.7%55.1%6.2%49.4%3.9%0.1%-1.5M76.5M-537.1K0.4426.40N/AN/A1,07346873,627169,510
2019-09-24$13.56$16.0051.8%15.0%55.6%5.7%52.3%3.0%6.2%-1.5M81.1M-531.3K1.8027.80N/AN/A43077673,950171,036
2019-09-25$13.80$16.0051.7%15.1%55.1%5.7%53.2%5.0%0.2%-1.5M76.8M-536.3K4.2428.96N/AN/A4862,06274,279171,432
2019-09-26$13.61$16.0051.6%14.8%55.5%5.5%52.4%3.6%1.5%-1.5M80.8M-532.1K0.7928.31N/AN/A28722674,547173,194
2019-09-27$13.65$16.0053.0%15.1%54.4%7.0%51.9%5.3%-1.1%-1.6M80.3M-531.0K1.8519.95N/AN/A1,4062,59574,649173,266
2019-09-30$13.86$16.0052.3%14.8%54.4%6.3%52.5%2.4%17.4%-1.7M79.9M-536.8K0.8328.83N/AN/A1,2201,01573,687174,670