HTZ Options History — July 2023

In July 2023, HTZ traded between $15.79 and $19.06. ATM implied volatility averaged 43.0%, placing in the 20.9% IV rank vs the trailing year. The 30-day expected move averaged 12.8%. IV traded above realized volatility by 16.8% (HV 20d: 26.2%). Max pain ranged from $17.50 to $17.50. Net GEX was positive for 10 of 20 trading days. Term structure was in contango for 3 of 20 days. Put/call ratio averaged 1.40.

Notable Days

  • 2023-07-27: Highest Volume — 43,507 contracts
  • 2023-07-12: Largest IV spike — 37.0% change
  • 2023-07-26: Highest IV Rank — 43.6%
  • 2023-07-26: Largest Expected Move — 15.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.16$15.79$19.06$18.41$16.73
Max Pain$17.50$17.50$17.50$17.50$17.50
ATM IV43.0%32.4%54.2%33.7%34.4%
Expected Move12.8%9.7%15.6%9.7%9.9%
HV 20d26.2%18.6%52.6%23.5%52.6%
HV 60d31.4%27.5%38.4%32.6%38.4%
IV Rank20.9%0.0%43.6%1.5%4.0%
IV Percentile30.5%0.0%74.2%1.2%3.2%
Term Structure-4.0%-10.6%9.4%9.4%-0.8%
VWIV45.1%33.4%54.8%33.4%34.6%
Skew 25d3.2%-1.5%6.4%1.4%0.7%
Skew 10d4.8%-11.6%12.0%0.2%-6.4%
Call IV 25d44.1%32.2%55.2%32.2%37.0%
Put IV 25d47.3%33.6%56.9%33.6%37.8%
Bid-Ask Spread %22.723.5059.2951.4229.86
Gamma HHI0.390.300.510.420.40
Net GEX-85.2K-1.6M839.7K242.5K-1.6M
Net DEX-3.5M-25.4M49.7M-14.4M32.8M
Net VEX-507.6K-561.6K-467.5K-467.6K-561.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.400.115.880.193.30
Total Volume8,922.151,25443,50710,53430,959
Total OI154,116.8137,425173,258137,425173,258

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-07-03$18.41$17.5033.7%9.7%23.5%1.5%33.4%1.4%9.4%242.5K-14.4M-467.6K0.1951.42N/AN/A8,8851,64962,29275,133
2023-07-05$18.73$17.5035.2%10.1%23.8%4.6%34.1%1.5%9.1%671.1K-23.6M-491.0K0.2015.20N/AN/A5,4971,10368,78674,589
2023-07-06$18.62$17.5035.0%13.0%21.2%4.2%42.6%5.6%-4.0%667.5K-19.8M-499.9K0.2336.93N/AN/A1,13626369,46274,894
2023-07-07$18.80$17.5033.6%11.8%21.2%1.2%41.8%4.7%-3.1%662.4K-23.5M-491.7K0.4117.69N/AN/A1,33655069,42875,080
2023-07-10$18.88$17.5032.4%11.9%19.5%0.0%43.1%5.3%-3.7%698.8K-24.1M-481.6K0.1118.19N/AN/A2,10724069,27475,386
2023-07-11$19.06$17.5032.9%11.5%19.2%1.0%39.9%4.3%-3.0%839.7K-25.4M-474.7K1.1918.73N/AN/A7,2338,59768,73175,469
2023-07-12$18.73$17.5045.1%12.9%18.6%25.4%45.6%5.2%-4.1%777.4K-20.6M-489.9K3.1419.14N/AN/A1,9276,04871,51176,411
2023-07-13$18.88$17.5044.0%12.6%18.6%23.2%47.6%5.2%-5.8%639.3K-20.2M-501.4K2.926.24N/AN/A2,3396,83471,55181,836
2023-07-14$18.44$17.5046.7%13.4%20.8%28.5%44.8%4.9%-5.1%111.1K-8.8M-519.0K0.386.59N/AN/A1,24647272,18187,771
2023-07-17$18.16$17.5049.5%14.2%21.0%34.0%49.6%3.7%-7.0%-145.2K-4.4M-508.3K5.8821.79N/AN/A6183,63373,08588,008
2023-07-18$18.51$17.5049.8%14.3%21.0%34.6%49.3%4.5%-7.2%-94.3K-8.5M-519.8K0.226.87N/AN/A1,02722773,38891,205
2023-07-19$18.91$17.5049.0%14.1%22.1%33.1%53.8%6.4%-8.2%336.9K-16.0M-516.0K4.658.77N/AN/A1,8568,62873,53791,134
2023-07-20$18.26$17.5052.7%15.1%25.7%40.4%52.5%3.3%-8.0%-631.5K-1.3M-531.0K1.926.96N/AN/A8241,57873,24899,009
2023-07-21$18.21$17.5052.2%15.0%25.7%39.5%52.6%2.1%-8.2%-652.6K-2.2M-537.3K0.2259.29N/AN/A5,0701,12973,55999,239
2023-07-24$18.23$17.5053.2%15.2%24.8%41.4%52.3%3.5%-9.3%-504.6K2.1M-533.7K0.2317.94N/AN/A2,22850356,35389,757
2023-07-25$17.98$17.5054.0%15.5%25.2%43.1%54.8%1.6%-9.1%-620.7K7.2M-533.5K0.1452.27N/AN/A1,31418556,30889,770
2023-07-26$17.98$17.5054.2%15.6%23.8%43.6%54.5%2.5%-10.6%-636.0K5.5M-522.1K0.7653.35N/AN/A2,9602,25557,15089,723
2023-07-27$15.98$17.5038.6%11.1%47.8%12.2%38.5%0.1%-1.9%-1.3M45.8M-467.5K0.903.69N/AN/A22,87820,62958,88091,214
2023-07-28$15.79$17.5034.1%9.8%47.9%3.3%35.8%-1.5%0.4%-1.2M49.7M-503.7K1.093.50N/AN/A5,9586,52268,62096,106
2023-07-31$16.73$17.5034.4%9.9%52.6%4.0%34.6%0.7%-0.8%-1.6M32.8M-561.6K3.3029.86N/AN/A7,19723,76272,422100,836