HTZ Options History — July 2022

In July 2022, HTZ traded between $16.25 and $21.51. ATM implied volatility averaged 66.2%, placing in the 4.8% IV rank vs the trailing year. The 30-day expected move averaged 19.3%. IV traded above realized volatility by 10.2% (HV 20d: 56.0%). Max pain ranged from $15.00 to $17.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 1 of 20 days. Put/call ratio averaged 1.21.

Notable Days

2022-07-07: Highest Volume — 58,274 contracts
2022-07-11: Largest IV spike — 15.9% change
2022-07-26: Highest IV Rank — 7.4%
2022-07-06: Largest Expected Move — 21.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$17.60	$16.25	$21.51	$16.73	$21.51
Max Pain	$17.38	$15.00	$17.50	$15.00	$17.50
ATM IV	66.2%	54.4%	72.3%	58.2%	54.4%
Expected Move	19.3%	15.6%	21.8%	16.7%	15.6%
HV 20d	56.0%	48.5%	71.2%	61.0%	68.3%
HV 60d	65.3%	61.4%	69.7%	65.5%	69.7%
IV Rank	4.8%	0.0%	7.4%	1.4%	0.0%
IV Percentile	25.7%	0.0%	44.0%	4.4%	0.0%
Term Structure	-3.8%	-8.4%	11.7%	11.7%	-1.2%
VWIV	68.9%	57.1%	76.0%	63.3%	57.1%
Skew 25d	7.2%	0.4%	10.2%	5.8%	0.4%
Skew 10d	14.1%	-0.3%	19.6%	14.5%	-0.3%
Call IV 25d	65.2%	56.0%	69.9%	58.3%	56.2%
Put IV 25d	72.4%	56.6%	78.9%	64.1%	56.6%
Bid-Ask Spread %	28.38	3.39	57.86	4.34	45.54
Gamma HHI	0.33	0.19	0.80	0.32	0.21
Net GEX	2.4M	1.1M	10.0M	2.0M	2.9M
Net DEX	-86.4M	-201.9M	-49.8M	-68.4M	-201.9M
Net VEX	-708.5K	-838.6K	-618.5K	-659.8K	-838.6K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.21	0.16	2.33	0.61	0.28
Total Volume	15,563.55	5,949	58,274	14,027	36,275
Total OI	256,704.5	233,606	278,014	250,129	270,220

Daily Data (20 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2022-07-01	$16.73	$15.00	58.2%	16.7%	61.0%	1.4%	63.3%	5.8%	11.7%	2.0M	-68.4M	-659.8K	0.61	4.34	N/A	N/A	8,698	5,329	179,542	70,587
2022-07-05	$16.55	$17.50	64.8%	20.3%	61.0%	3.8%	73.6%	9.5%	-4.0%	2.0M	-66.6M	-631.2K	1.70	18.43	N/A	N/A	2,441	4,145	183,334	71,118
2022-07-06	$16.25	$17.50	69.8%	21.8%	59.8%	5.6%	74.0%	10.2%	-5.1%	1.9M	-58.5M	-618.5K	0.88	11.53	N/A	N/A	7,467	6,591	183,660	71,072
2022-07-07	$16.92	$17.50	63.1%	19.9%	60.1%	3.5%	70.0%	9.0%	-3.7%	2.4M	-79.5M	-650.8K	0.16	31.44	N/A	N/A	50,267	8,007	185,382	73,640
2022-07-08	$17.05	$17.50	60.5%	19.7%	60.0%	2.4%	69.6%	8.4%	-3.8%	2.4M	-93.9M	-708.8K	1.16	57.86	N/A	N/A	4,015	4,642	198,302	75,939
2022-07-11	$16.80	$17.50	70.1%	19.7%	59.4%	6.5%	69.0%	9.1%	-3.9%	2.4M	-85.2M	-693.9K	0.34	43.53	N/A	N/A	13,376	4,572	200,391	76,940
2022-07-12	$16.82	$17.50	70.0%	19.6%	58.9%	6.5%	70.3%	9.0%	-3.9%	2.5M	-82.3M	-676.5K	1.90	33.67	N/A	N/A	3,554	6,747	195,134	77,463
2022-07-13	$17.20	$17.50	69.3%	19.9%	55.8%	6.2%	71.3%	7.1%	-5.0%	3.1M	-97.1M	-714.0K	1.54	46.65	N/A	N/A	2,769	4,256	196,773	79,386
2022-07-14	$16.85	$17.50	69.9%	20.0%	53.9%	6.4%	72.7%	8.6%	-5.6%	2.8M	-80.8M	-695.6K	1.42	13.59	N/A	N/A	2,456	3,493	198,019	79,419
2022-07-15	$17.36	$17.50	68.3%	19.6%	52.0%	5.8%	70.4%	8.1%	-3.3%	10.0M	-93.0M	-714.7K	0.64	3.39	N/A	N/A	9,434	6,033	197,900	80,114
2022-07-18	$17.35	$17.50	68.2%	19.6%	50.0%	5.7%	70.0%	8.2%	-5.1%	1.2M	-65.9M	-710.1K	1.00	10.44	N/A	N/A	3,950	3,950	158,587	75,019
2022-07-19	$17.86	$17.50	68.5%	19.6%	49.4%	5.8%	70.0%	7.5%	-6.0%	1.3M	-78.1M	-725.4K	1.44	23.20	N/A	N/A	2,905	4,188	159,300	75,616
2022-07-20	$18.32	$17.50	67.8%	19.4%	49.5%	5.6%	68.4%	6.0%	-5.3%	1.5M	-91.3M	-750.0K	1.61	54.03	N/A	N/A	4,077	6,572	160,631	76,725
2022-07-21	$18.20	$17.50	66.5%	19.1%	49.3%	5.0%	67.1%	3.5%	-4.0%	1.5M	-85.6M	-750.2K	2.09	22.97	N/A	N/A	2,647	5,539	163,581	78,847
2022-07-22	$17.75	$17.50	67.2%	19.3%	50.2%	5.3%	70.0%	7.2%	-4.1%	1.4M	-72.5M	-734.6K	1.85	42.15	N/A	N/A	2,677	4,941	164,482	79,170
2022-07-25	$18.01	$17.50	69.8%	20.0%	48.5%	6.4%	68.1%	8.0%	-7.1%	1.5M	-77.9M	-731.6K	1.84	19.16	N/A	N/A	2,455	4,520	165,269	80,692
2022-07-26	$17.02	$17.50	72.3%	20.7%	51.8%	7.4%	76.0%	7.8%	-8.4%	1.1M	-49.8M	-685.5K	2.33	4.44	N/A	N/A	3,337	7,776	165,770	80,870
2022-07-27	$17.30	$17.50	67.0%	19.2%	50.4%	5.2%	66.9%	5.1%	-6.3%	1.3M	-55.3M	-694.7K	0.65	55.45	N/A	N/A	7,443	4,832	166,804	83,138
2022-07-28	$20.10	$17.50	57.9%	16.6%	71.2%	1.4%	59.8%	5.9%	-2.0%	2.3M	-143.2M	-784.7K	0.84	25.80	N/A	N/A	24,462	20,433	171,750	83,504
2022-07-29	$21.51	$17.50	54.4%	15.6%	68.3%	0.0%	57.1%	0.4%	-1.2%	2.9M	-201.9M	-838.6K	0.28	45.54	N/A	N/A	28,251	8,024	184,401	85,819