HTZ Options History — May 2023

In May 2023, HTZ traded between $15.54 and $16.51. ATM implied volatility averaged 45.1%, placing in the 22.6% IV rank vs the trailing year. The 30-day expected move averaged 12.8%. IV traded above realized volatility by 6.5% (HV 20d: 38.6%). Max pain ranged from $15.00 to $17.50. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 1.55.

Notable Days

  • 2023-05-24: Highest Volume — 11,165 contracts
  • 2023-05-08: Largest IV spike — 25.3% change
  • 2023-05-03: Highest IV Rank — 36.2%
  • 2023-05-03: Largest Expected Move — 15.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$16.04$15.54$16.51$16.51$15.88
Max Pain$17.16$15.00$17.50$15.00$17.50
ATM IV45.1%36.9%52.5%42.5%46.7%
Expected Move12.8%10.6%15.1%12.2%13.4%
HV 20d38.6%31.0%45.5%44.6%31.0%
HV 60d47.3%46.0%49.6%49.5%46.2%
IV Rank22.6%6.7%36.2%16.9%26.7%
IV Percentile18.8%0.4%45.2%5.2%24.2%
Term Structure-1.0%-4.3%1.8%-0.0%-2.2%
VWIV43.3%37.4%51.5%43.5%42.1%
Skew 25d6.5%3.0%7.9%7.9%5.1%
Skew 10d13.3%-2.4%29.5%24.1%11.9%
Call IV 25d41.0%37.2%45.6%40.3%42.7%
Put IV 25d47.5%42.8%52.5%48.2%47.8%
Bid-Ask Spread %7.972.3638.0738.075.12
Gamma HHI0.620.420.820.630.58
Net GEX-965.4K-1.9M-223.1K-977.5K-698.7K
Net DEX21.7M9.9M31.3M22.2M21.5M
Net VEX-460.8K-500.4K-429.4K-498.2K-460.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.550.0511.790.400.59
Total Volume2,718.63629511,1652,4724,158
Total OI154,145.545127,099167,674164,684140,114

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-05-01$16.51$15.0042.5%12.2%44.6%16.9%43.5%7.9%-0.0%-977.5K22.2M-498.2K0.4038.07N/AN/A1,76870466,54098,144
2023-05-02$16.12$15.0051.5%14.8%45.5%34.1%51.5%6.8%-1.2%-1.1M28.3M-492.2K0.8328.73N/AN/A2,3771,96467,15398,164
2023-05-03$16.23$15.0052.5%15.1%44.9%36.2%46.3%6.3%-4.3%-1.1M25.0M-499.8K0.465.63N/AN/A51423468,32498,210
2023-05-04$15.84$17.5051.7%14.3%41.1%34.6%45.9%7.6%-1.2%-1.3M31.2M-490.2K0.823.82N/AN/A1,12992168,26998,245
2023-05-05$16.39$17.5041.1%12.0%42.5%14.2%43.2%6.6%-0.2%-1.0M21.4M-500.4K0.4314.34N/AN/A43018668,76798,802
2023-05-08$16.20$17.5051.5%13.5%39.9%34.2%43.0%6.3%-0.8%-1.2M24.9M-478.6K4.633.34N/AN/A6192,86568,85398,821
2023-05-09$16.09$17.5050.2%13.6%39.3%31.6%42.2%7.3%-1.1%-1.2M26.8M-472.6K0.203.38N/AN/A3707469,40197,211
2023-05-10$16.05$17.5046.6%13.4%37.4%24.8%41.5%7.2%-1.7%-1.3M26.6M-467.8K0.393.12N/AN/A2128369,37697,220
2023-05-11$15.75$17.5044.8%12.8%38.0%21.3%42.7%7.4%-0.3%-1.6M28.5M-456.9K0.222.36N/AN/A53211769,40994,771
2023-05-12$15.54$17.5044.2%12.7%37.9%21.5%42.6%6.7%-0.6%-1.9M31.3M-450.8K0.243.73N/AN/A3819269,48494,790
2023-05-15$15.79$17.5043.8%12.6%38.2%20.7%43.3%7.6%0.1%-1.7M24.5M-443.5K3.162.93N/AN/A8692,74569,41993,844
2023-05-16$15.61$17.5043.9%12.6%37.5%20.9%41.0%7.3%-0.7%-1.9M26.3M-435.1K0.123.98N/AN/A9,8801,14669,49791,853
2023-05-17$16.41$17.5037.7%10.8%39.9%8.3%39.7%6.1%1.8%-625.7K9.9M-439.9K0.832.46N/AN/A3,3112,73964,12989,853
2023-05-18$16.34$17.5036.9%10.6%38.4%6.7%37.4%5.6%1.1%-639.6K10.1M-436.7K0.053.32N/AN/A1,2566764,89488,333
2023-05-19$16.09$17.5043.3%12.4%38.9%19.7%42.0%5.9%-1.0%-270.5K11.5M-432.1K0.304.00N/AN/A89626665,20688,360
2023-05-22$16.41$17.5037.6%10.8%38.8%8.0%39.9%6.3%0.4%-223.1K11.1M-431.5K0.543.21N/AN/A75640859,49967,600
2023-05-23$16.27$17.5038.2%10.9%37.3%9.2%43.8%6.3%0.2%-237.8K12.5M-429.4K6.903.37N/AN/A3772,60060,00567,743
2023-05-24$15.80$17.5046.2%13.2%39.1%25.6%46.3%7.1%-2.5%-353.8K18.2M-429.9K11.794.82N/AN/A87310,29260,13870,214
2023-05-25$15.98$17.5047.4%13.6%34.8%28.1%46.4%6.9%-2.4%-606.7K20.6M-469.8K0.214.17N/AN/A3307060,28779,920
2023-05-26$15.80$17.5046.4%13.3%32.0%26.1%45.6%5.7%-1.9%-659.1K22.4M-463.6K0.6927.22N/AN/A32522460,16179,931
2023-05-30$15.84$17.5047.0%13.5%32.0%27.4%43.3%3.0%-3.3%-690.5K22.1M-458.2K0.334.16N/AN/A48916160,29479,954
2023-05-31$15.88$17.5046.7%13.4%31.0%26.7%42.1%5.1%-2.2%-698.7K21.5M-460.8K0.595.12N/AN/A2,6191,53960,20679,908