HTZ Options History — February 2023

In February 2023, HTZ traded between $17.59 and $19.98. ATM implied volatility averaged 48.6%, placing in the 17.4% IV rank vs the trailing year. The 30-day expected move averaged 13.0%. IV traded above realized volatility by 5.7% (HV 20d: 42.9%). Max pain ranged from $15.00 to $17.50. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 6 of 19 days. Put/call ratio averaged 0.75.

Notable Days

  • 2023-02-07: Highest Volume — 28,631 contracts
  • 2023-02-07: Largest IV drop — 44.0% change
  • 2023-02-06: Highest IV Rank — 79.5%
  • 2023-02-01: Largest Expected Move — 17.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.76$17.59$19.98$18.63$18.57
Max Pain$17.24$15.00$17.50$15.00$17.50
ATM IV48.6%39.0%82.5%61.6%43.4%
Expected Move13.0%11.2%17.7%17.7%12.5%
HV 20d42.9%31.6%47.7%31.6%45.5%
HV 60d36.2%34.8%38.5%37.3%35.2%
IV Rank17.4%0.0%79.5%39.9%9.5%
IV Percentile18.5%0.0%94.4%54.4%4.4%
Term Structure-1.6%-11.5%4.4%-11.5%-3.1%
VWIV45.3%41.0%62.1%62.1%42.1%
Skew 25d4.4%-1.6%6.4%6.1%3.7%
Skew 10d8.1%-7.0%13.4%13.2%-7.0%
Call IV 25d43.1%38.3%58.1%58.1%39.7%
Put IV 25d47.5%41.5%64.2%64.2%43.4%
Bid-Ask Spread %33.824.5869.9159.3319.69
Gamma HHI0.410.310.700.340.36
Net GEX2.2M1.3M5.2M1.3M1.6M
Net DEX-68.7M-108.1M-48.5M-61.3M-56.0M
Net VEX-339.8K-360.9K-319.2K-319.4K-338.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.750.085.580.500.14
Total Volume7,170.89596728,6311,5671,216
Total OI125,328104,374140,170104,374122,229

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-02-01$18.63$15.0061.6%17.7%31.6%39.9%62.1%6.1%-11.5%1.3M-61.3M-319.4K0.5059.33N/AN/A1,04752076,53627,838
2023-02-02$18.41$15.0062.6%14.7%32.5%42.8%48.9%6.4%-6.3%1.3M-59.6M-319.2K0.4417.85N/AN/A5,7382,55176,61427,892
2023-02-03$18.16$17.5071.7%15.1%33.1%59.6%50.9%5.7%-5.7%1.3M-54.5M-325.4K0.1558.64N/AN/A14,4532,22479,56030,154
2023-02-06$17.59$17.5082.5%15.5%35.2%79.5%53.5%5.5%-6.4%1.4M-48.5M-330.5K0.379.95N/AN/A8,4033,13791,21731,894
2023-02-07$18.99$17.5046.2%11.9%43.4%12.5%43.5%5.0%1.5%2.6M-77.2M-338.2K0.2234.38N/AN/A23,5535,07897,76433,635
2023-02-08$19.02$17.5041.3%11.9%43.4%3.5%41.9%4.4%1.6%2.7M-78.2M-342.0K0.266.19N/AN/A4,5011,18499,26333,292
2023-02-09$18.66$17.5044.3%12.7%44.3%9.0%42.1%5.2%0.6%2.4M-67.7M-337.5K0.3418.44N/AN/A3,4131,16799,24233,786
2023-02-10$18.34$17.5042.6%12.2%44.7%5.8%41.0%5.2%1.6%2.1M-59.9M-330.7K0.304.58N/AN/A2,67281299,85333,936
2023-02-13$18.61$17.5045.8%13.1%44.8%11.7%44.5%5.7%-0.5%2.2M-67.5M-332.0K0.1018.69N/AN/A7,688776101,14033,768
2023-02-14$19.12$17.5039.4%11.3%44.7%0.0%41.8%3.4%3.6%2.9M-81.7M-338.1K0.0955.00N/AN/A11,3171,037102,71334,132
2023-02-15$19.77$17.5039.0%11.2%45.6%0.0%43.0%4.8%4.4%4.1M-99.3M-355.0K0.1142.71N/AN/A6,825783104,67234,871
2023-02-16$19.98$17.5039.4%11.3%44.6%0.8%41.2%3.5%-1.0%5.2M-108.1M-351.5K0.0860.34N/AN/A9,690747104,92335,089
2023-02-17$19.44$17.5040.1%11.5%45.7%2.0%43.7%5.8%-0.3%1.8M-86.7M-360.9K0.5949.93N/AN/A3,5522,082104,61235,558
2023-02-21$18.84$17.5044.7%12.8%47.5%10.5%47.2%4.5%-3.9%1.6M-64.1M-352.3K0.8969.91N/AN/A1,6081,43288,47127,231
2023-02-22$18.66$17.5046.1%13.2%47.7%13.0%43.3%4.0%-2.1%1.7M-62.3M-360.0K1.0238.17N/AN/A47948892,05928,624
2023-02-23$18.71$17.5046.1%13.2%46.9%13.0%43.5%4.0%-1.4%1.6M-61.0M-349.7K0.1710.27N/AN/A93516089,88129,127
2023-02-24$18.54$17.5043.2%12.4%47.2%7.7%42.6%2.0%-1.4%1.6M-58.0M-341.1K2.977.14N/AN/A7012,07989,99729,105
2023-02-27$18.39$17.5043.4%12.5%46.8%9.5%43.6%-1.6%-0.8%1.6M-52.8M-333.2K5.5861.33N/AN/A3341,86590,44830,106
2023-02-28$18.57$17.5043.4%12.5%45.5%9.5%42.1%3.7%-3.1%1.6M-56.0M-338.4K0.1419.69N/AN/A1,06415290,47331,756