HTZ Options History — April 2020

In April 2020, HTZ traded between $3.77 and $6.28. ATM implied volatility averaged 142.3%, placing in the 36.4% IV rank vs the trailing year. The 30-day expected move averaged 55.3%. IV traded below realized volatility by 79.6% (HV 20d: 221.9%). Max pain ranged from $5.00 to $14.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 1.05.

Notable Days

  • 2020-04-29: Highest Volume — 110,310 contracts
  • 2020-04-08: Largest IV spike — 115.2% change
  • 2020-04-29: Highest IV Rank — 62.2%
  • 2020-04-29: Largest Expected Move — 94.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.94$3.77$6.28$5.41$4.02
Max Pain$6.33$5.00$14.00$14.00$6.00
ATM IV142.3%73.0%215.4%138.2%135.5%
Expected Move55.3%42.8%94.7%51.4%90.4%
HV 20d221.9%128.2%302.8%302.8%155.3%
HV 60d189.9%182.6%201.1%182.6%200.6%
IV Rank36.4%11.9%62.2%34.9%33.9%
IV Percentile92.5%83.7%97.6%94.4%89.7%
Term Structure-33.2%-227.5%147.2%-48.1%22.0%
VWIV188.2%139.8%316.8%183.3%316.8%
Skew 25d19.3%-128.4%180.8%63.0%-20.1%
Skew 10d69.6%-41.6%100.0%86.8%-41.6%
Call IV 25d129.6%39.5%184.8%181.8%67.6%
Put IV 25d148.8%40.9%308.4%244.7%47.6%
Bid-Ask Spread %31.2913.4191.3651.2621.29
Gamma HHI0.160.090.360.180.11
Net GEX-103.6K-217.2K-1.9K-191.1K-74.1K
Net DEX31.1M8.2M47.4M47.4M15.8M
Net VEX-216.6K-350.5K-162.2K-205.1K-301.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.050.222.642.641.73
Total Volume26,735.812,869110,3108,19448,386
Total OI300,942.619261,007459,394272,841459,394

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-04-01$5.41$14.00138.2%51.4%302.8%34.9%183.3%63.0%-48.1%-191.1K47.4M-205.1K2.6451.26N/AN/A2,2535,941108,867163,974
2020-04-02$4.90$6.00124.8%53.3%301.1%30.2%191.8%-56.6%17.6%-128.2K38.7M-194.7K1.1891.36N/AN/A6,2777,422109,718152,561
2020-04-03$4.68$7.0087.8%50.2%299.5%17.1%172.3%-31.6%10.0%-121.5K39.7M-177.4K0.6032.61N/AN/A5,8753,505114,009155,642
2020-04-06$5.12$7.00117.7%46.6%297.0%27.6%152.7%-92.1%147.2%-141.5K41.5M-181.3K0.2231.98N/AN/A6,1681,359112,137151,357
2020-04-07$5.74$7.0073.0%43.4%295.9%11.9%148.0%-68.1%97.3%-121.0K40.5M-214.8K0.4416.98N/AN/A8,4143,685115,082149,887
2020-04-08$5.98$7.00157.1%42.8%296.7%41.6%139.8%17.3%-8.8%-108.5K39.5M-222.8K0.2829.62N/AN/A6,3731,813118,740149,760
2020-04-09$6.28$6.00144.3%45.1%292.6%37.1%165.9%44.4%14.2%-90.6K38.1M-232.4K0.6515.13N/AN/A9,4426,093123,196150,644
2020-04-13$5.77$6.00177.3%45.6%290.9%48.7%161.6%47.0%-104.2%-109.0K39.3M-221.3K0.5931.60N/AN/A5,8723,447125,091152,624
2020-04-14$6.02$6.00145.6%43.9%282.2%37.5%157.3%48.1%-150.8%-94.3K39.7M-223.6K0.9620.20N/AN/A2,1552,072127,839155,073
2020-04-15$5.82$6.00154.7%44.3%280.5%40.7%165.8%40.2%-155.2%-102.9K38.7M-222.1K0.7523.02N/AN/A1,6411,228128,980156,163
2020-04-16$4.86$6.00167.4%50.8%207.7%45.2%167.6%59.0%9.8%-160.9K40.3M-174.3K0.8618.77N/AN/A25,65422,174129,662156,830
2020-04-17$5.03$6.00159.4%48.9%190.7%42.4%169.2%48.9%-125.1%-217.2K36.7M-204.4K1.8713.41N/AN/A4,6148,637146,558169,586
2020-04-20$4.62$6.00105.4%54.6%179.9%23.3%182.5%62.3%-53.2%-79.7K24.0M-184.0K1.5226.68N/AN/A5,3388,097124,514136,493
2020-04-21$4.27$6.00132.6%54.6%157.0%32.9%190.3%-0.6%-42.6%-88.7K23.9M-176.3K0.2819.33N/AN/A10,5532,970129,713141,359
2020-04-22$4.04$6.00102.8%57.5%129.8%22.4%171.2%76.9%-0.8%-107.4K25.2M-162.2K0.3630.96N/AN/A7,4332,694128,816142,626
2020-04-23$3.98$5.00179.2%57.5%129.9%49.4%192.9%-128.4%-3.3%-90.0K23.9M-167.3K1.9120.64N/AN/A7,11813,609138,471143,972
2020-04-24$3.77$5.00126.5%63.0%128.2%30.8%227.8%-37.5%-227.5%-56.6K20.8M-188.0K1.6748.52N/AN/A25,57442,811142,771154,806
2020-04-27$4.47$5.00141.7%61.1%138.1%36.1%201.0%10.2%-16.6%-50.9K20.0M-249.3K1.0044.49N/AN/A45,13945,122154,892185,693
2020-04-28$4.99$5.00203.2%62.2%144.6%57.9%219.1%141.4%-4.8%-1.9K8.2M-350.5K0.7520.04N/AN/A19,52314,661187,200213,035
2020-04-29$4.04$5.00215.4%94.7%160.1%62.2%276.4%180.8%-74.1%-40.7K10.6M-295.1K1.7149.15N/AN/A40,73369,577190,742221,318
2020-04-30$4.02$6.00135.5%90.4%155.3%33.9%316.8%-20.1%22.0%-74.1K15.8M-301.8K1.7321.29N/AN/A17,71630,670203,435255,959