HTZ Options History — August 2020

In August 2020, HTZ traded between $1.40 and $1.69. ATM implied volatility averaged 138.2%, placing in the 33.8% IV rank vs the trailing year. The 30-day expected move averaged 37.6%. IV traded above realized volatility by 63.2% (HV 20d: 75.0%). Max pain ranged from $1.00 to $1.50. Net GEX was positive for 18 of 21 trading days. Term structure was in contango for 18 of 21 days. Put/call ratio averaged 0.54.

Notable Days

  • 2020-08-10: Highest Volume — 36,579 contracts
  • 2020-08-18: Largest IV drop — 22.4% change
  • 2020-08-05: Highest IV Rank — 44.2%
  • 2020-08-10: Largest Expected Move — 47.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.50$1.40$1.69$1.40$1.47
Max Pain$1.48$1.00$1.50$1.50$1.50
ATM IV138.2%104.2%177.9%151.3%126.3%
Expected Move37.6%26.5%47.9%41.3%36.4%
HV 20d75.0%64.4%89.2%74.5%64.4%
HV 60d390.2%243.8%462.9%462.7%243.8%
IV Rank33.8%24.8%44.2%37.2%30.6%
IV Percentile65.6%56.0%78.2%71.8%59.9%
Term Structure11.8%-103.1%67.0%21.7%-103.1%
VWIV137.5%92.6%177.4%150.8%137.8%
Skew 25d-0.6%-31.2%29.4%-20.6%12.4%
Skew 10d-8.6%-61.3%49.7%-61.3%-13.8%
Call IV 25d154.7%105.9%212.3%176.9%146.6%
Put IV 25d154.1%135.2%181.1%156.3%159.0%
Bid-Ask Spread %39.6617.4881.2217.4829.92
Gamma HHI0.180.110.310.170.18
Net GEX52.1K-8.2K156.2K10.0K15.7K
Net DEX5.2M-4.8M11.0M11.0M5.9M
Net VEX-211.8K-248.5K-167.1K-181.8K-207.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.540.121.150.560.84
Total Volume17,212.7146,67936,57928,73410,035
Total OI967,922.143912,2701,001,626958,466928,949

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-08-03$1.40$1.50151.3%41.3%74.5%37.2%150.8%-20.6%21.7%10.0K11.0M-181.8K0.5617.48N/AN/A18,39810,336540,690417,776
2020-08-04$1.46$1.50151.4%36.5%74.3%37.3%125.1%1.2%6.3%53.8K5.7M-222.2K0.1718.00N/AN/A22,8873,981550,021425,530
2020-08-05$1.55$1.50177.9%42.9%74.7%44.2%177.4%-16.2%30.9%14.7K3.0M-213.5K0.1240.96N/AN/A27,8873,414555,092426,917
2020-08-06$1.53$1.50170.1%43.0%74.8%42.2%157.0%-19.7%18.9%102.3K4.8M-218.1K0.1881.22N/AN/A12,7262,278566,633428,616
2020-08-07$1.52$1.50173.8%43.3%74.9%43.2%148.0%-11.5%8.4%27.5K5.3M-209.1K0.9861.98N/AN/A11,38311,177567,989429,379
2020-08-10$1.69$1.50149.8%47.9%82.0%36.8%168.4%-31.2%9.5%78.2K-1.3M-248.5K0.3652.43N/AN/A26,8839,696545,149425,727
2020-08-11$1.55$1.50165.0%45.8%88.7%40.9%175.4%-3.5%15.1%109.0K-4.8M-246.8K0.2478.42N/AN/A21,8705,202558,319431,445
2020-08-12$1.59$1.50154.9%38.4%88.3%38.2%124.4%3.2%-21.9%69.4K677.6K-238.4K0.3740.91N/AN/A7,3242,709562,846432,360
2020-08-13$1.53$1.50121.0%34.6%89.2%29.2%117.6%1.8%2.2%109.1K4.9M-216.3K0.3341.29N/AN/A6,6442,179564,591433,595
2020-08-14$1.54$1.50128.5%36.5%87.2%31.2%123.4%8.3%-1.6%68.7K5.0M-209.2K0.5624.18N/AN/A7,2964,083567,362434,264
2020-08-17$1.50$1.50139.8%41.6%87.7%34.2%143.4%9.7%39.5%78.4K2.1M-228.3K1.0927.18N/AN/A4,7125,137546,480426,193
2020-08-18$1.49$1.50108.5%31.4%87.6%25.9%125.3%29.4%67.0%82.2K8.0M-200.7K0.9127.37N/AN/A6,0805,509546,580429,733
2020-08-19$1.47$1.00119.5%34.2%67.1%28.8%152.3%9.0%33.2%82.7K7.6M-206.0K0.7975.03N/AN/A10,6418,433549,902431,567
2020-08-20$1.47$1.50131.9%37.0%66.7%32.1%140.0%-4.3%10.3%156.2K5.6M-215.1K0.5021.22N/AN/A6,1263,055550,056438,649
2020-08-21$1.48$1.50126.3%32.8%66.4%30.6%110.3%-7.9%23.5%-1.2K9.7M-206.0K0.4231.53N/AN/A6,3982,670549,191439,189
2020-08-24$1.47$1.50119.1%33.8%64.8%28.7%118.1%3.6%21.5%14.9K737.5K-238.2K0.8334.17N/AN/A8,1996,791502,811409,459
2020-08-25$1.42$1.50104.2%28.9%64.9%24.8%121.9%25.2%34.2%9.0K8.5M-196.1K1.1530.92N/AN/A6,0986,992506,540414,220
2020-08-26$1.42$1.50125.7%26.5%64.4%30.5%92.6%5.8%3.6%22.7K8.3M-191.9K0.2629.58N/AN/A5,3211,358506,472418,923
2020-08-27$1.49$1.50122.5%41.7%66.3%29.6%143.6%3.8%20.7%-8.2K11.0M-167.1K0.3444.62N/AN/A18,2046,202507,992419,594
2020-08-28$1.50$1.50134.6%35.1%65.9%32.8%134.7%-10.4%8.7%-1.8K8.0M-187.9K0.3124.48N/AN/A11,5263,627517,040422,524
2020-08-31$1.47$1.50126.3%36.4%64.4%30.6%137.8%12.4%-103.1%15.7K5.9M-207.3K0.8429.92N/AN/A5,4424,593511,502417,447