HTZ Options History — August 2023

In August 2023, HTZ traded between $15.96 and $17.88. ATM implied volatility averaged 34.3%, placing in the 4.9% IV rank vs the trailing year. The 30-day expected move averaged 9.8%. IV traded below realized volatility by 12.6% (HV 20d: 46.9%). Max pain ranged from $17.50 to $17.50. Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 21 of 23 days. Put/call ratio averaged 3.48.

Notable Days

  • 2023-08-10: Highest Volume — 24,436 contracts
  • 2023-08-02: Largest IV spike — 13.2% change
  • 2023-08-02: Highest IV Rank — 10.6%
  • 2023-08-02: Largest Expected Move — 10.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$16.95$15.96$17.88$16.46$16.93
Max Pain$17.50$17.50$17.50$17.50$17.50
ATM IV34.3%28.8%37.7%33.3%29.3%
Expected Move9.8%8.3%10.8%9.6%8.4%
HV 20d46.9%23.9%55.9%52.7%23.9%
HV 60d37.4%35.9%38.3%38.2%35.9%
IV Rank4.9%0.0%10.6%1.8%0.9%
IV Percentile5.8%0.0%13.1%1.6%0.4%
Term Structure1.7%-3.2%3.3%0.1%2.5%
VWIV35.2%29.0%42.5%34.1%29.0%
Skew 25d3.2%1.2%6.3%3.5%5.3%
Skew 10d4.1%-6.3%8.3%-6.3%1.7%
Call IV 25d35.4%31.6%39.0%33.6%31.6%
Put IV 25d38.7%36.8%41.2%37.1%36.8%
Bid-Ask Spread %19.281.7262.1716.908.73
Gamma HHI0.450.370.550.410.45
Net GEX-1.7M-4.4M-416.1K-1.9M-563.8K
Net DEX28.7M8.0M54.8M46.7M13.3M
Net VEX-600.4K-633.6K-566.0K-607.3K-566.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.480.0332.160.450.03
Total Volume4,060.26122724,4361,5711,224
Total OI177,521.913163,124197,461174,791166,070

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-08-01$16.46$17.5033.3%9.6%52.7%1.8%34.1%3.5%0.1%-1.9M46.7M-607.3K0.4516.90N/AN/A1,08149062,117112,674
2023-08-02$16.29$17.5037.7%10.8%52.1%10.6%39.2%2.0%-3.2%-1.7M48.8M-595.9K0.635.12N/AN/A2,0601,29862,518111,729
2023-08-03$15.96$17.5037.6%10.6%52.3%10.4%36.9%4.3%1.7%-1.5M54.8M-590.8K0.572.23N/AN/A1,51086863,842111,835
2023-08-04$16.34$17.5036.2%9.8%53.1%7.6%35.3%1.7%2.9%-1.8M49.0M-599.7K2.732.66N/AN/A1,6954,62564,118112,488
2023-08-07$16.52$17.5035.5%9.9%53.3%6.1%35.6%1.2%2.8%-1.9M47.2M-608.6K0.093.11N/AN/A2,18220264,728114,449
2023-08-08$16.44$17.5037.2%10.2%53.0%9.5%38.6%1.7%1.6%-1.9M49.1M-608.8K23.512.60N/AN/A82019,28064,255114,530
2023-08-09$16.48$17.5034.9%10.0%53.0%4.9%35.5%1.2%2.8%-2.1M48.3M-618.5K0.0332.06N/AN/A1,6965864,630120,895
2023-08-10$16.73$17.5035.3%10.1%53.3%5.6%39.0%1.9%2.5%-2.3M44.1M-615.9K32.1632.00N/AN/A73723,69964,574120,897
2023-08-11$17.30$17.5034.7%9.9%54.6%4.5%36.7%2.4%2.3%-3.3M29.8M-633.6K0.3324.76N/AN/A2,53883464,699130,148
2023-08-14$17.88$17.5035.7%10.2%55.9%6.6%35.6%3.5%2.7%-3.1M10.3M-617.7K0.602.78N/AN/A2,3601,42164,982129,610
2023-08-15$17.55$17.5036.6%10.5%55.7%8.4%42.5%3.0%2.2%-3.9M20.6M-625.1K11.5546.28N/AN/A4024,64564,435129,388
2023-08-16$17.23$17.5035.7%10.2%55.2%6.5%36.0%3.6%3.3%-4.4M32.9M-613.0K0.7541.50N/AN/A1,09382164,546129,004
2023-08-17$17.24$17.5037.2%10.7%54.1%9.5%38.7%1.3%-0.2%-4.2M32.0M-619.2K1.4262.17N/AN/A3,2424,61765,081129,393
2023-08-18$17.19$17.5035.8%10.3%54.1%6.8%36.9%2.8%0.3%-748.1K47.5M-601.6K0.2724.73N/AN/A1,31235465,859131,602
2023-08-21$17.14$17.5035.1%10.1%54.1%5.3%35.8%3.0%0.3%-757.3K12.0M-595.4K0.1449.95N/AN/A74110553,229109,895
2023-08-22$17.27$17.5035.4%10.1%54.0%5.9%36.1%3.2%0.4%-656.0K10.1M-596.7K0.8913.53N/AN/A12010753,739109,910
2023-08-23$17.37$17.5033.3%9.5%54.1%1.7%33.3%3.8%1.3%-566.4K8.8M-593.3K0.0723.70N/AN/A1,48210353,809109,956
2023-08-24$17.23$17.5032.9%9.4%32.6%0.9%33.1%4.3%1.9%-555.6K8.4M-589.5K0.241.72N/AN/A46511254,966110,030
2023-08-25$16.98$17.5031.1%8.9%32.7%0.0%31.5%4.7%2.3%-642.3K14.0M-592.8K0.782.60N/AN/A17213555,638110,095
2023-08-28$17.02$17.5030.4%8.7%25.7%0.0%31.7%6.3%2.8%-610.8K12.9M-575.1K1.352.66N/AN/A30941855,304110,115
2023-08-29$17.21$17.5029.8%8.5%25.1%0.0%29.7%3.5%2.4%-416.1K8.0M-574.7K1.042.85N/AN/A81484655,429109,845
2023-08-30$17.07$17.5028.8%8.3%25.0%0.0%29.1%5.7%2.4%-426.1K10.7M-570.8K0.4238.78N/AN/A2068755,931110,017
2023-08-31$16.93$17.5029.3%8.4%23.9%0.9%29.0%5.3%2.5%-563.8K13.3M-566.0K0.038.73N/AN/A1,1913356,029110,041