HTZ Options History — May 2020

In May 2020, HTZ traded between $0.62 and $3.59. ATM implied volatility averaged 188.8%, placing in the 52.5% IV rank vs the trailing year. The 30-day expected move averaged 80.4%. IV traded below realized volatility by 58.6% (HV 20d: 247.4%). Max pain ranged from $4.00 to $7.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 1.54.

Notable Days

  • 2020-05-27: Highest Volume — 167,307 contracts
  • 2020-05-07: Largest IV spike — 261.2% change
  • 2020-05-19: Highest IV Rank — 100.0%
  • 2020-05-07: Largest Expected Move — 103.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.63$0.62$3.59$3.51$1.01
Max Pain$6.15$4.00$7.00$6.00$5.00
ATM IV188.8%42.6%325.3%62.4%255.6%
Expected Move80.4%29.4%103.7%52.7%80.8%
HV 20d247.4%146.0%620.3%158.5%620.0%
HV 60d242.8%201.5%402.9%201.5%402.9%
IV Rank52.5%1.1%100.0%8.1%75.6%
IV Percentile84.7%8.7%100.0%62.3%97.2%
Term Structure-44.7%-220.5%233.0%0.9%-207.5%
VWIV268.2%153.8%329.5%244.3%248.8%
Skew 25d-1.1%-188.2%117.1%40.4%-23.2%
Skew 10d10.9%-131.8%125.3%42.6%-114.3%
Call IV 25d193.3%22.3%350.4%108.8%260.4%
Put IV 25d192.2%62.9%361.0%149.2%237.2%
Bid-Ask Spread %33.3321.1049.5421.1038.19
Gamma HHI0.150.100.470.290.14
Net GEX-108.0K-383.1K-14.6K-246.3K-32.1K
Net DEX27.5M19.3M34.3M20.1M28.7M
Net VEX-278.8K-366.2K-73.3K-269.8K-118.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.540.333.531.880.33
Total Volume68,258.416,630167,30797,35933,707
Total OI782,579.45485,003992,009485,003992,009

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-05-01$3.51$6.0062.4%52.7%158.5%8.1%244.3%40.4%0.9%-246.3K20.1M-269.8K1.8821.10N/AN/A33,77463,585211,915273,088
2020-05-04$3.59$5.0047.5%87.6%158.7%2.8%264.2%17.0%-10.8%-383.1K19.3M-294.2K2.5737.71N/AN/A22,29957,314227,393299,753
2020-05-05$3.02$4.00142.1%67.4%163.4%36.3%260.0%89.8%-138.6%-154.0K25.0M-264.9K1.2044.07N/AN/A40,18548,124252,044339,343
2020-05-06$2.93$6.0042.6%97.8%154.7%1.1%278.6%40.6%-1.3%-154.1K27.7M-255.9K1.4327.50N/AN/A54,78978,371258,711344,106
2020-05-07$3.05$6.00153.8%103.7%154.6%40.4%297.7%52.5%2.6%-135.0K26.1M-306.5K3.3630.84N/AN/A20,22067,989305,365410,390
2020-05-08$3.33$6.00126.6%94.3%158.0%30.8%153.8%63.5%-98.6%-77.1K25.0M-359.5K2.2337.59N/AN/A25,74657,399319,250444,162
2020-05-11$3.19$7.00154.8%101.6%156.8%40.7%236.8%-21.4%210.0%-93.1K28.2M-354.2K0.7331.41N/AN/A14,22510,414318,569451,355
2020-05-12$2.92$7.00144.6%100.6%155.7%37.1%218.9%-132.3%233.0%-143.6K28.0M-349.5K1.0144.34N/AN/A11,29311,359329,547456,663
2020-05-13$2.72$7.00149.0%43.5%156.2%38.7%270.6%-97.7%5.0%-70.6K33.6M-314.9K0.9039.55N/AN/A12,50211,250336,958461,747
2020-05-14$2.76$7.00167.5%72.8%147.7%45.2%252.4%-39.5%11.5%-71.0K31.7M-309.7K1.2433.36N/AN/A10,18212,605345,333464,550
2020-05-15$2.62$7.00193.6%72.2%146.0%54.4%323.6%-105.4%43.5%-49.4K28.7M-314.4K1.5229.26N/AN/A6,59810,032353,501470,578
2020-05-18$3.17$7.00296.5%94.7%164.5%90.8%323.4%117.1%-214.7%-53.1K23.6M-347.9K3.5326.66N/AN/A17,52861,890328,502422,457
2020-05-19$2.96$7.00325.3%97.8%164.1%100.0%329.5%34.1%-220.5%-88.5K29.2M-341.5K1.8525.95N/AN/A18,00233,362338,697473,700
2020-05-20$2.99$7.00305.9%87.7%163.7%93.2%293.5%99.0%-25.5%-87.4K28.1M-358.6K1.2024.70N/AN/A16,53419,889349,891491,813
2020-05-21$3.07$6.00294.8%89.1%164.4%89.4%240.3%33.4%-218.6%-89.0K25.6M-366.2K2.2128.46N/AN/A17,61938,856360,421504,560
2020-05-22$2.86$6.00305.2%98.5%165.1%93.0%305.4%-75.9%-168.8%-123.8K32.9M-324.1K1.0532.42N/AN/A44,59746,768370,936535,724
2020-05-26$0.62$6.00109.9%29.4%555.0%24.7%0.0%105.3%66.0%-14.6K23.2M-73.3K1.2649.54N/AN/A43,67554,942381,790544,334
2020-05-27$1.25$6.00251.7%77.0%620.3%74.3%274.3%-32.0%-182.6%-57.0K34.3M-138.6K0.7332.43N/AN/A96,98470,323394,046523,455
2020-05-28$1.02$5.00246.5%58.0%620.1%72.5%280.0%-188.2%21.1%-37.0K30.2M-114.4K0.5231.53N/AN/A46,16124,076431,177533,756
2020-05-29$1.01$5.00255.6%80.8%620.0%75.6%248.8%-23.2%-207.5%-32.1K28.7M-118.8K0.3338.19N/AN/A25,3808,327454,893537,116