HTZ Options History — May 2022

In May 2022, HTZ traded between $16.81 and $20.76. ATM implied volatility averaged 70.1%, placing in the 15.8% IV rank vs the trailing year. The 30-day expected move averaged 19.6%. IV traded below realized volatility by 7.4% (HV 20d: 77.5%). Max pain ranged from $20.00 to $20.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 0.82.

Notable Days

  • 2022-05-03: Highest Volume — 54,483 contracts
  • 2022-05-09: Largest IV spike — 16.2% change
  • 2022-05-10: Highest IV Rank — 20.0%
  • 2022-05-11: Largest Expected Move — 22.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$19.07$16.81$20.76$20.32$19.73
Max Pain$20.00$20.00$20.00$20.00$20.00
ATM IV70.1%59.4%85.8%74.2%64.2%
Expected Move19.6%17.0%22.0%21.3%18.4%
HV 20d77.5%59.7%86.4%70.2%80.0%
HV 60d70.7%66.4%75.0%66.4%68.4%
IV Rank15.8%13.0%20.0%16.9%14.2%
IV Percentile20.2%4.8%37.3%27.0%11.9%
Term Structure-2.6%-9.4%1.6%-9.4%-3.3%
VWIV69.3%61.4%78.3%75.5%65.5%
Skew 25d4.4%1.1%7.3%2.5%3.0%
Skew 10d9.6%2.8%18.4%3.6%9.5%
Call IV 25d68.5%58.9%78.1%75.9%64.7%
Put IV 25d72.9%63.4%82.1%78.4%67.7%
Bid-Ask Spread %21.894.3638.7418.3830.76
Gamma HHI0.190.170.220.220.21
Net GEX2.2M449.5K4.2M4.2M2.8M
Net DEX-76.9M-126.1M-12.8M-124.6M-112.6M
Net VEX-684.9K-845.4K-533.3K-821.2K-798.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.820.162.730.180.25
Total Volume20,226.8576,89454,48332,68813,960
Total OI334,989.762262,349369,152343,410314,044

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-05-02$20.32$20.0074.2%21.3%70.2%16.9%75.5%2.5%-9.4%4.2M-124.6M-821.2K0.1818.38N/AN/A27,7404,948287,76955,641
2022-05-03$19.52$20.0075.1%21.5%59.7%17.1%78.3%1.1%-9.2%3.1M-91.9M-736.0K0.239.40N/AN/A44,18110,302279,60656,314
2022-05-04$20.76$20.0068.8%19.7%61.5%15.4%69.9%3.3%-3.0%4.2M-126.1M-790.4K0.6519.06N/AN/A19,52312,776275,89661,063
2022-05-05$20.26$20.0071.5%18.6%61.9%16.2%69.4%5.3%-0.7%3.7M-107.6M-758.2K1.5821.90N/AN/A3,0834,860280,24961,114
2022-05-06$20.13$20.0071.7%18.7%61.9%16.2%66.1%4.5%-1.1%3.4M-102.9M-758.0K1.0732.57N/AN/A3,3243,570281,40163,677
2022-05-09$17.52$20.0083.3%20.8%78.1%19.3%72.6%2.9%-4.2%1.0M-30.6M-594.7K0.7817.18N/AN/A7,0605,476281,35264,062
2022-05-10$16.81$20.0085.8%21.6%78.0%20.0%75.1%4.1%-5.2%449.5K-12.8M-533.3K2.7325.67N/AN/A7,34020,015281,51262,949
2022-05-11$17.52$20.0076.9%22.0%80.4%17.6%76.9%4.2%-5.6%942.3K-31.9M-616.9K0.3319.21N/AN/A11,5653,822284,31467,825
2022-05-12$18.35$20.0076.4%21.9%80.7%17.5%75.6%7.3%-2.0%1.4M-49.6M-658.0K0.5324.19N/AN/A5,7243,012287,68668,334
2022-05-13$19.02$20.0068.5%19.7%82.2%15.4%68.9%7.0%0.5%1.9M-70.0M-672.6K0.4217.83N/AN/A9,0363,776290,11568,178
2022-05-16$18.83$20.0069.5%19.9%82.2%15.6%70.7%5.0%-0.9%1.7M-65.9M-657.2K2.4429.06N/AN/A2,8646,981293,91169,854
2022-05-17$19.66$20.0063.3%18.1%83.8%14.0%64.3%6.6%1.6%2.5M-83.6M-662.7K1.0538.74N/AN/A4,4104,621294,01274,100
2022-05-18$18.48$20.0068.7%19.7%82.4%15.4%69.2%3.2%0.3%1.2M-52.4M-629.0K0.4229.34N/AN/A6,3082,640294,27072,219
2022-05-19$18.61$20.0067.3%19.3%81.9%15.1%66.8%4.0%0.3%1.1M-52.8M-621.5K0.9923.78N/AN/A4,8984,830294,04172,448
2022-05-20$18.42$20.0066.7%19.1%81.9%14.9%65.9%5.2%-0.2%1.2M-44.2M-590.8K0.7436.98N/AN/A7,3615,450295,45573,697
2022-05-23$19.67$20.0063.3%18.2%84.4%14.0%65.2%5.4%-1.1%2.1M-87.9M-633.3K0.3428.23N/AN/A11,5063,885206,61955,730
2022-05-24$18.54$20.0067.7%19.4%86.3%15.2%67.4%4.6%-2.7%1.5M-56.3M-599.2K0.2014.05N/AN/A30,9596,052212,52060,454
2022-05-25$18.93$20.0066.4%19.0%86.4%14.8%66.8%5.1%-3.8%2.2M-84.5M-674.7K0.1613.41N/AN/A29,7684,631226,86157,976
2022-05-26$19.44$20.0063.3%18.2%83.8%14.0%63.8%3.0%-3.3%2.5M-102.6M-732.4K1.325.68N/AN/A16,50921,803235,75358,774
2022-05-27$20.04$20.0059.4%17.0%79.9%13.0%61.4%4.4%-1.4%3.1M-123.5M-845.4K0.934.36N/AN/A12,54911,646246,54366,447
2022-05-31$19.73$20.0064.2%18.4%80.0%14.2%65.5%3.0%-3.3%2.8M-112.6M-798.1K0.2530.76N/AN/A11,1772,783247,17766,867