HTZ Options History — February 2020

In February 2020, HTZ traded between $12.57 and $20.37. ATM implied volatility averaged 62.1%, placing in the 24.7% IV rank vs the trailing year. The 30-day expected move averaged 16.8%. IV traded above realized volatility by 14.0% (HV 20d: 48.1%). Max pain ranged from $16.00 to $19.00. Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 3 of 19 days. Put/call ratio averaged 1.80.

Notable Days

  • 2020-02-27: Highest Volume — 54,298 contracts
  • 2020-02-27: Largest IV spike — 23.0% change
  • 2020-02-28: Highest IV Rank — 53.8%
  • 2020-02-28: Largest Expected Move — 24.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.50$12.57$20.37$15.85$12.57
Max Pain$17.95$16.00$19.00$16.50$17.00
ATM IV62.1%55.3%88.8%55.9%88.8%
Expected Move16.8%12.7%24.9%12.9%24.9%
HV 20d48.1%33.1%93.5%33.1%93.5%
HV 60d39.1%31.7%60.3%31.7%60.3%
IV Rank24.7%17.3%53.8%18.0%53.8%
IV Percentile68.4%54.4%97.2%56.7%97.2%
Term Structure-2.1%-6.7%5.2%-3.0%5.2%
VWIV58.5%42.6%84.0%45.7%84.0%
Skew 25d4.5%-10.4%14.9%2.1%14.9%
Skew 10d16.2%1.0%59.0%10.5%59.0%
Call IV 25d59.4%53.5%82.2%53.5%81.3%
Put IV 25d63.9%55.6%96.2%55.6%96.2%
Bid-Ask Spread %24.6410.5745.6424.5133.08
Gamma HHI0.140.120.190.160.13
Net GEX-952.3K-1.5M-376.4K-1.2M-1.1M
Net DEX15.7M-31.8M79.2M35.7M77.8M
Net VEX-383.4K-458.1K-345.6K-345.6K-405.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.800.166.862.772.02
Total Volume11,505.8421,32854,2981,32811,391
Total OI151,407.526120,433201,169120,433201,169

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-02-03$15.85$16.5055.9%12.9%33.1%18.0%45.7%2.1%-3.0%-1.2M35.7M-345.6K2.7724.51N/AN/A35297625,89294,541
2020-02-04$16.63$16.5056.8%12.7%37.2%19.0%44.6%4.2%-1.6%-979.7K26.1M-351.7K6.8631.41N/AN/A7915,42726,20295,337
2020-02-05$17.21$16.5056.7%12.7%38.8%18.8%42.6%3.5%-2.2%-869.5K20.6M-362.1K0.9145.64N/AN/A97588426,739100,354
2020-02-06$17.05$19.0055.3%14.8%38.3%17.3%49.4%1.9%-0.6%-922.7K22.8M-363.9K0.3724.22N/AN/A2,06675727,336100,645
2020-02-07$16.88$19.0056.6%15.3%38.4%18.7%56.9%4.4%-2.6%-984.6K25.3M-369.5K1.4425.73N/AN/A3,5215,06628,868101,157
2020-02-10$17.39$19.0057.7%16.2%37.5%20.0%58.8%5.1%0.7%-857.8K18.7M-372.1K1.1124.41N/AN/A4,1294,60330,865104,661
2020-02-11$18.10$16.0056.6%15.9%39.3%18.8%56.3%1.2%-1.4%-596.6K5.6M-378.5K1.0428.83N/AN/A3,0843,19933,885106,785
2020-02-12$18.84$16.0056.6%15.8%39.6%18.7%55.9%2.2%-1.4%-547.0K-5.4M-373.7K1.3625.23N/AN/A4,0385,49635,149109,319
2020-02-13$19.41$17.0059.7%16.6%39.3%22.1%57.0%2.4%-3.5%-575.5K-13.3M-386.0K1.2323.51N/AN/A4,2885,25737,053114,108
2020-02-14$19.68$18.0056.9%15.9%39.2%19.1%56.6%2.0%-1.8%-796.4K-14.3M-389.2K1.6024.26N/AN/A9221,47239,477118,787
2020-02-18$19.55$18.0058.4%16.6%35.4%20.7%59.0%3.3%-4.5%-943.1K-10.7M-389.4K1.2110.57N/AN/A1,4091,70438,982120,098
2020-02-19$19.38$19.0059.4%17.0%35.7%21.8%60.7%6.0%-6.7%-970.7K-8.2M-388.6K0.5321.36N/AN/A3,3841,81039,625120,702
2020-02-20$20.37$19.0058.8%17.1%38.4%21.1%60.7%5.2%-6.2%-953.2K-30.0M-396.1K0.4417.37N/AN/A6,4732,86342,486121,960
2020-02-21$20.21$19.0060.7%17.6%38.9%23.2%60.9%5.3%-1.7%-1.2M-31.8M-411.8K0.1615.37N/AN/A18,0722,97246,743123,635
2020-02-24$19.32$19.0067.3%20.0%42.5%30.4%70.7%9.3%-4.4%-376.4K-7.8M-458.1K2.1521.99N/AN/A5,37211,57248,549110,612
2020-02-25$16.63$19.0075.6%15.6%69.6%39.5%49.5%-10.4%1.6%-1.4M39.5M-417.4K1.8437.40N/AN/A4,5888,46051,483114,076
2020-02-26$14.43$19.0063.5%17.3%86.0%26.3%60.1%8.8%-1.2%-1.5M67.7M-371.8K6.1815.62N/AN/A3,75223,18851,479113,893
2020-02-27$12.97$18.5078.1%24.0%93.2%42.2%82.1%13.3%-4.5%-1.3M79.2M-354.2K0.9817.59N/AN/A27,36326,93553,815120,276
2020-02-28$12.57$17.0088.8%24.9%93.5%53.8%84.0%14.9%5.2%-1.1M77.8M-405.1K2.0233.08N/AN/A3,7707,62171,919129,250