HTZ Options History — September 2020

In September 2020, HTZ traded between $1.09 and $1.46. ATM implied volatility averaged 146.4%, placing in the 35.9% IV rank vs the trailing year. The 30-day expected move averaged 38.3%. IV traded above realized volatility by 100.1% (HV 20d: 46.3%). Max pain ranged from $1.50 to $3.00. Net GEX was positive for 8 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 1.18.

Notable Days

  • 2020-09-21: Highest Volume — 103,518 contracts
  • 2020-09-03: Largest IV spike — 106.7% change
  • 2020-09-30: Highest IV Rank — 51.0%
  • 2020-09-29: Largest Expected Move — 46.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.33$1.09$1.46$1.44$1.09
Max Pain$2.69$1.50$3.00$1.50$2.50
ATM IV146.4%70.4%203.3%116.7%203.3%
Expected Move38.3%29.5%46.4%29.5%42.1%
HV 20d46.3%38.0%63.2%63.2%54.6%
HV 60d101.9%61.1%194.0%194.0%64.5%
IV Rank35.9%15.9%51.0%28.1%51.0%
IV Percentile65.9%49.6%82.9%55.6%82.9%
Term Structure5.8%-102.4%72.2%29.1%-38.6%
VWIV138.3%104.7%159.6%104.7%144.2%
Skew 25d-6.5%-150.7%31.2%21.2%6.5%
Skew 10d1.6%-74.1%55.7%48.5%27.5%
Call IV 25d148.9%116.5%203.1%131.6%168.7%
Put IV 25d142.4%52.4%175.1%152.8%175.1%
Bid-Ask Spread %22.9813.1356.5336.1219.65
Gamma HHI0.230.170.310.170.30
Net GEX-22.9K-64.9K32.6K20.4K-61.7K
Net DEX8.2M4.3M14.1M4.3M9.2M
Net VEX-175.4K-202.8K-139.0K-202.8K-156.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.180.1310.960.320.48
Total Volume13,247.3813,657103,5187,94612,738
Total OI955,774.238933,711972,407934,453969,695

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-09-01$1.44$1.50116.7%29.5%63.2%28.1%104.7%21.2%29.1%20.4K4.3M-202.8K0.3236.12N/AN/A6,0031,943512,861421,592
2020-09-02$1.46$1.5070.4%32.4%59.3%15.9%111.7%-49.0%54.1%16.5K6.3M-196.2K0.2356.53N/AN/A7,7401,772514,492421,935
2020-09-03$1.41$3.00145.5%42.6%60.3%35.7%143.7%31.2%46.9%16.0K6.2M-192.7K0.6434.45N/AN/A4,0852,633519,188422,765
2020-09-04$1.39$3.00184.8%43.2%60.4%46.1%157.0%-51.1%-9.0%16.6K4.5M-187.5K4.8831.91N/AN/A3,94419,240519,974424,251
2020-09-08$1.46$3.00179.2%37.8%48.9%44.6%122.5%24.4%-47.4%12.4K9.9M-173.4K0.3021.04N/AN/A11,1163,364513,527435,641
2020-09-09$1.41$3.00144.1%39.7%40.5%35.3%143.9%15.4%18.0%32.6K6.8M-182.8K1.0923.69N/AN/A2,3852,594520,330438,237
2020-09-10$1.40$3.00164.4%35.5%38.9%40.7%134.5%14.3%-26.6%19.6K5.7M-196.2K0.3727.94N/AN/A4,0651,509520,696439,826
2020-09-11$1.36$3.00141.6%36.1%38.0%34.7%130.7%-7.9%-18.3%2.3K7.0M-186.6K0.2214.02N/AN/A5,2011,134521,914440,607
2020-09-14$1.37$3.00129.5%35.6%38.0%31.5%153.6%-11.5%52.2%-49.8K9.4M-172.5K1.1615.96N/AN/A3,9714,590517,367432,082
2020-09-15$1.33$3.00129.9%36.6%38.3%31.6%139.8%-11.4%9.1%-39.4K7.1M-169.8K0.4528.80N/AN/A2,5251,132519,041434,678
2020-09-16$1.36$3.00118.2%33.9%39.6%28.5%133.4%-2.6%5.1%-20.6K7.2M-183.0K0.1414.30N/AN/A5,267761520,126434,960
2020-09-17$1.38$3.00151.2%41.7%40.0%37.2%145.1%-8.2%28.9%-24.4K6.4M-180.0K0.3918.14N/AN/A9,3193,653523,048435,090
2020-09-18$1.33$3.00144.6%34.9%41.7%35.5%126.5%-6.1%43.7%-29.0K7.9M-173.9K0.3816.43N/AN/A4,1561,578527,094436,062
2020-09-21$1.28$3.00121.5%36.3%43.1%29.4%151.8%7.2%31.9%-48.4K8.9M-158.7K10.9631.58N/AN/A8,65894,860506,307427,404
2020-09-22$1.30$2.50146.6%36.6%43.8%36.0%135.3%0.7%9.9%-59.8K10.4M-169.9K0.1613.13N/AN/A9,6801,532511,646449,965
2020-09-23$1.25$2.50154.1%43.7%44.2%38.0%148.1%13.2%-102.4%-47.3K10.8M-165.8K0.3913.15N/AN/A2,6411,038518,280450,333
2020-09-24$1.22$2.50140.0%43.8%44.6%34.2%146.9%3.7%-9.9%-52.9K10.3M-164.3K0.1316.01N/AN/A7,164945518,717450,384
2020-09-25$1.22$2.50164.0%40.5%39.6%40.6%135.3%4.7%-4.9%-54.9K9.4M-169.0K0.3313.74N/AN/A5,4891,822521,768450,639
2020-09-28$1.25$2.50140.9%34.7%41.1%34.5%136.0%20.4%72.2%-63.8K11.0M-161.6K0.6414.72N/AN/A4,1682,663517,197445,275
2020-09-29$1.12$2.50184.3%46.4%54.4%45.9%159.6%-150.7%-21.7%-64.9K14.1M-139.0K1.1421.21N/AN/A4,2704,847519,552446,713
2020-09-30$1.09$2.50203.3%42.1%54.6%51.0%144.2%6.5%-38.6%-61.7K9.2M-156.9K0.4819.65N/AN/A8,6084,130521,910447,785