HTZ Options History — September 2023

In September 2023, HTZ traded between $12.04 and $17.19. ATM implied volatility averaged 40.4%, placing in the 24.7% IV rank vs the trailing year. The 30-day expected move averaged 10.8%. IV traded above realized volatility by 5.8% (HV 20d: 34.6%). Max pain ranged from $12.50 to $17.50. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 20 of 20 days. Put/call ratio averaged 0.97.

Notable Days

  • 2023-09-22: Highest Volume — 26,793 contracts
  • 2023-09-07: Largest IV spike — 61.2% change
  • 2023-09-11: Highest IV Rank — 56.0%
  • 2023-09-26: Largest Expected Move — 13.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$15.03$12.04$17.19$17.19$12.25
Max Pain$15.38$12.50$17.50$17.50$12.50
ATM IV40.4%26.6%57.9%26.6%42.6%
Expected Move10.8%7.6%13.8%7.6%12.2%
HV 20d34.6%22.9%50.7%23.1%50.7%
HV 60d39.5%35.5%45.2%36.0%45.2%
IV Rank24.7%0.0%56.0%0.0%28.7%
IV Percentile30.1%0.0%86.9%0.0%30.6%
Term Structure4.7%2.0%6.9%4.0%6.5%
VWIV37.5%26.7%52.4%26.7%42.9%
Skew 25d4.0%2.1%12.3%12.3%3.8%
Skew 10d7.0%-8.1%18.2%18.2%4.4%
Call IV 25d37.0%25.2%52.5%25.2%47.8%
Put IV 25d41.0%33.7%56.7%37.5%51.6%
Bid-Ask Spread %18.132.3157.242.3128.59
Gamma HHI0.550.360.790.370.43
Net GEX-1.1M-2.6M-167.9K-204.9K-732.8K
Net DEX37.5M8.2M63.1M8.3M60.8M
Net VEX-548.9K-603.7K-457.2K-567.3K-469.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.970.065.290.171.21
Total Volume6,136.8545526,7937455,531
Total OI168,828.1154,161193,243166,723177,049

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-09-01$17.19$17.5026.6%7.6%23.1%0.0%26.7%12.3%4.0%-204.9K8.3M-567.3K0.172.31N/AN/A63810756,683110,040
2023-09-05$17.18$17.5030.4%9.1%22.9%6.9%31.9%2.9%4.5%-167.9K8.2M-559.8K0.243.85N/AN/A41110056,964110,035
2023-09-06$16.34$17.5028.8%9.2%29.4%4.1%34.7%2.4%4.0%-1.1M23.0M-562.1K1.163.55N/AN/A56365557,155110,093
2023-09-07$15.89$17.5046.5%10.6%31.0%35.6%35.7%4.4%3.0%-1.8M32.4M-555.1K1.9616.42N/AN/A3,6007,05257,071110,475
2023-09-08$15.98$17.5046.0%10.2%30.5%34.7%35.4%2.5%4.1%-1.8M30.6M-563.7K0.112.88N/AN/A1,27014259,077112,845
2023-09-11$16.19$15.0057.9%10.3%28.0%56.0%32.5%3.0%4.2%-1.4M25.4M-554.8K0.862.81N/AN/A7,0596,05159,434112,780
2023-09-12$15.77$15.0054.9%10.2%25.7%50.6%33.8%3.1%3.7%-2.2M34.7M-578.5K0.753.33N/AN/A68150965,881118,756
2023-09-13$15.61$15.0034.3%9.8%25.3%13.7%34.0%4.9%4.2%-2.6M37.6M-573.1K5.292.83N/AN/A1,7429,22166,093118,417
2023-09-14$16.27$15.0030.4%8.7%29.9%6.8%32.2%3.2%5.7%-1.2M25.8M-601.8K0.7927.98N/AN/A2,2861,80766,176123,548
2023-09-15$16.16$15.0034.3%9.8%29.9%13.8%33.7%2.1%6.6%-873.6K25.9M-603.7K0.4628.66N/AN/A41319068,070125,173
2023-09-18$15.91$15.0034.9%10.0%30.2%15.0%32.5%3.4%5.9%-946.2K29.1M-593.4K0.5627.79N/AN/A63235751,809102,352
2023-09-19$15.75$15.0034.9%10.0%30.3%14.9%33.6%4.1%5.9%-1.0M32.1M-593.0K0.373.63N/AN/A33312252,132102,578
2023-09-20$15.48$15.0034.2%9.8%30.3%13.7%34.0%3.2%6.9%-1.1M35.7M-587.0K1.5416.14N/AN/A41764252,380102,659
2023-09-21$15.05$15.0036.5%10.5%31.0%17.8%36.6%3.6%5.8%-1.2M41.5M-577.4K2.022.66N/AN/A1,0932,20652,599103,285
2023-09-22$13.48$15.0046.3%13.3%47.9%35.3%43.3%4.8%2.9%-1.1M56.5M-517.4K0.718.26N/AN/A15,67711,11652,441102,048
2023-09-25$13.11$15.0047.4%13.6%48.2%37.3%46.4%3.6%3.3%-1.0M58.4M-511.7K0.3538.38N/AN/A2,27379551,725104,295
2023-09-26$12.61$15.0048.2%13.8%48.7%38.6%49.8%4.3%2.0%-941.0K60.6M-482.7K0.0657.24N/AN/A22,2501,37752,917103,957
2023-09-27$12.04$15.0047.8%13.7%48.9%37.9%52.4%4.2%4.1%-705.3K63.1M-457.2K0.3256.84N/AN/A7,2662,32067,637104,207
2023-09-28$12.25$12.5044.4%12.7%50.4%31.8%47.4%5.3%6.3%-705.2K59.8M-469.7K0.4028.40N/AN/A2,7441,08971,451104,275
2023-09-29$12.25$12.5042.6%12.2%50.7%28.7%42.9%3.8%6.5%-732.8K60.8M-469.3K1.2128.59N/AN/A2,5073,02472,096104,953