HTZ Options History — July 2020

In July 2020, HTZ traded between $1.38 and $1.71. ATM implied volatility averaged 191.3%, placing in the 47.8% IV rank vs the trailing year. The 30-day expected move averaged 52.9%. IV traded below realized volatility by 9.5% (HV 20d: 200.7%). Max pain ranged from $1.50 to $4.00. Net GEX was positive for 14 of 22 trading days. Term structure was in contango for 15 of 22 days. Put/call ratio averaged 0.76.

Notable Days

  • 2020-07-22: Highest Volume — 87,440 contracts
  • 2020-07-17: Largest IV drop — 19.0% change
  • 2020-07-01: Highest IV Rank — 67.8%
  • 2020-07-01: Largest Expected Move — 69.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.49$1.38$1.71$1.48$1.46
Max Pain$1.77$1.50$4.00$4.00$1.50
ATM IV191.3%135.9%267.1%267.1%143.5%
Expected Move52.9%36.5%69.9%69.9%36.5%
HV 20d200.7%73.7%515.0%515.0%74.0%
HV 60d466.9%462.8%470.0%470.0%462.8%
IV Rank47.8%33.2%67.8%67.8%35.2%
IV Percentile79.8%68.7%92.1%92.1%69.4%
Term Structure3.9%-120.8%48.5%38.7%22.9%
VWIV181.8%140.2%248.3%248.3%153.4%
Skew 25d8.9%-36.9%34.0%18.5%5.7%
Skew 10d46.8%-26.2%188.6%148.2%-22.1%
Call IV 25d192.2%142.5%252.9%252.9%145.0%
Put IV 25d201.0%143.3%271.4%271.4%150.7%
Bid-Ask Spread %23.386.5252.366.5212.87
Gamma HHI0.190.150.270.150.18
Net GEX20.3K-60.3K121.9K-31.8K16.8K
Net DEX19.2M1.4M31.9M29.8M7.9M
Net VEX-198.0K-213.7K-180.3K-204.1K-202.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.760.241.600.890.83
Total Volume30,09811,20087,44035,79411,961
Total OI1,179,270.955927,3961,400,1451,392,8071,006,252

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-07-01$1.48$4.00267.1%69.9%515.0%67.8%248.3%18.5%38.7%-31.8K29.8M-204.1K0.896.52N/AN/A18,92316,871738,425654,382
2020-07-02$1.49$4.00246.3%62.0%474.8%62.3%213.8%16.7%-6.5%69.1K31.3M-199.0K0.8410.39N/AN/A20,07216,946744,718655,427
2020-07-06$1.44$2.50220.3%65.5%416.1%55.4%222.1%11.3%38.2%-60.3K29.2M-188.4K1.1714.21N/AN/A16,23619,039702,529619,793
2020-07-07$1.38$1.50245.9%64.6%314.6%62.2%196.4%8.1%-35.4%-54.2K30.4M-180.3K0.9331.03N/AN/A18,83817,503707,572622,349
2020-07-08$1.46$1.50243.7%63.4%309.5%61.6%230.6%26.8%-29.1%-24.8K27.8M-195.4K0.8021.30N/AN/A19,40815,431716,663622,900
2020-07-09$1.45$1.50233.7%68.2%271.1%59.0%207.2%-2.3%12.2%-38.5K30.9M-199.5K0.3024.98N/AN/A22,7346,911709,102628,319
2020-07-10$1.46$1.50241.2%60.7%259.9%61.0%200.6%30.7%10.4%-37.8K31.5M-195.4K0.8244.80N/AN/A14,10111,594719,656627,285
2020-07-13$1.41$1.50207.0%62.9%227.5%51.9%215.2%8.6%21.0%-4.6K30.1M-191.9K0.4352.36N/AN/A16,8417,206708,017610,514
2020-07-14$1.40$1.50239.4%61.2%161.9%60.5%199.2%3.9%-45.0%9.0K29.9M-190.9K0.5319.62N/AN/A7,3323,868715,602609,817
2020-07-15$1.45$1.50196.7%65.1%159.3%49.2%184.9%15.6%7.3%28.0K31.0M-186.2K1.6041.33N/AN/A9,85615,760718,023609,647
2020-07-16$1.42$1.50212.6%57.5%159.1%53.4%186.1%-36.9%-31.1%-10.4K31.9M-191.1K0.9811.53N/AN/A17,11216,692718,545608,845
2020-07-17$1.50$1.50172.1%50.1%159.1%42.7%176.5%18.3%15.5%6.8K30.1M-196.0K0.9714.93N/AN/A30,16529,371727,541609,380
2020-07-20$1.49$1.50156.5%46.3%158.7%38.6%153.6%22.7%18.1%29.7K8.3M-188.9K0.6318.55N/AN/A23,00814,420523,677403,719
2020-07-21$1.47$1.50135.9%39.0%139.7%33.2%144.8%0.9%20.1%44.5K8.4M-194.5K0.6014.50N/AN/A14,0388,417539,107413,464
2020-07-22$1.71$1.50154.8%44.4%140.3%38.2%163.5%-3.7%-13.3%7.2K1.4M-210.7K0.2719.71N/AN/A68,59618,844547,867418,173
2020-07-23$1.66$1.50144.5%41.3%88.1%35.4%153.8%3.7%34.6%55.3K2.4M-213.7K0.6326.17N/AN/A15,7089,818579,278426,860
2020-07-24$1.62$1.50140.9%37.4%88.3%34.5%142.3%23.7%48.5%50.2K5.1M-201.1K0.6415.50N/AN/A15,5569,886581,248431,309
2020-07-27$1.55$1.50162.9%43.1%74.9%40.3%155.5%34.0%-120.8%76.6K6.0M-211.1K0.4735.08N/AN/A12,4515,826559,922422,911
2020-07-28$1.50$1.50136.2%41.9%75.5%33.2%140.2%-24.2%27.5%86.2K7.7M-204.5K0.2417.44N/AN/A11,5152,807563,681425,162
2020-07-29$1.53$1.50155.4%40.9%75.4%38.3%154.1%15.3%45.5%107.2K7.1M-201.1K0.5434.51N/AN/A11,4756,208569,113424,623
2020-07-30$1.49$1.50151.0%41.8%73.7%37.2%156.3%-2.6%6.4%121.9K4.9M-209.1K1.5427.13N/AN/A5,0537,759574,664427,880
2020-07-31$1.46$1.50143.5%36.5%74.0%35.2%153.4%5.7%22.9%16.8K7.9M-202.6K0.8312.87N/AN/A6,5435,418576,341429,911