HTZ Options History — November 2023

In November 2023, HTZ traded between $8.16 and $9.41. ATM implied volatility averaged 52.9%, placing in the 47.1% IV rank vs the trailing year. The 30-day expected move averaged 15.2%. IV traded below realized volatility by 16.7% (HV 20d: 69.6%). Max pain ranged from $10.00 to $15.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 2.29.

Notable Days

  • 2023-11-22: Highest Volume — 21,226 contracts
  • 2023-11-02: Largest IV drop — 23.6% change
  • 2023-11-01: Highest IV Rank — 64.1%
  • 2023-11-01: Largest Expected Move — 17.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.61$8.16$9.41$8.36$8.30
Max Pain$14.76$10.00$15.00$10.00$15.00
ATM IV52.9%46.2%62.4%62.4%54.4%
Expected Move15.2%13.5%17.9%17.9%15.6%
HV 20d69.6%58.6%79.3%58.6%66.4%
HV 60d56.6%50.0%60.8%50.0%60.3%
IV Rank47.1%35.1%64.1%64.1%49.7%
IV Percentile74.5%46.8%93.3%93.3%79.8%
Term Structure0.2%-4.7%3.0%-4.7%0.1%
VWIV52.8%47.8%58.8%49.3%58.8%
Skew 25d1.3%-7.1%7.0%0.5%-7.1%
Skew 10d2.0%-7.4%61.2%61.2%1.6%
Call IV 25d53.2%47.2%60.5%60.5%59.2%
Put IV 25d54.6%50.9%61.0%61.0%52.1%
Bid-Ask Spread %8.092.3559.803.193.07
Gamma HHI0.260.220.320.250.22
Net GEX-196.1K-460.9K-99.7K-255.8K-104.6K
Net DEX56.5M45.4M66.4M66.4M46.1M
Net VEX-268.7K-322.4K-228.7K-241.8K-256.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.290.1113.590.882.07
Total Volume6,693.5241,46021,2263,3063,655
Total OI194,991.762178,527207,454197,622182,716

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-11-01$8.36$10.0062.4%17.9%58.6%64.1%49.3%0.5%-4.7%-255.8K66.4M-241.8K0.883.19N/AN/A1,7591,54786,083111,539
2023-11-02$9.11$15.0047.7%13.9%68.1%37.7%49.6%4.2%1.5%-412.2K63.8M-296.8K1.343.42N/AN/A2,3273,12287,462112,724
2023-11-03$9.41$15.0046.2%13.6%69.5%35.1%47.8%4.7%1.4%-460.9K61.7M-322.4K0.294.25N/AN/A1,54845189,048112,461
2023-11-06$8.96$15.0049.9%13.6%70.4%41.7%48.7%5.8%1.5%-332.0K65.5M-283.7K0.372.73N/AN/A1,24246589,582112,641
2023-11-07$8.93$15.0048.9%14.0%67.8%39.9%49.0%4.8%0.9%-310.6K66.1M-275.5K0.2059.80N/AN/A2,93559590,274112,891
2023-11-08$8.79$15.0046.9%13.5%67.8%36.4%50.2%7.0%2.3%-270.8K65.8M-268.0K1.552.74N/AN/A1,1151,72391,319113,372
2023-11-09$8.64$15.0056.1%16.1%67.8%52.9%52.2%5.4%-2.4%-228.2K66.0M-263.0K0.113.03N/AN/A1,32014091,876114,086
2023-11-10$8.59$15.0054.0%15.5%67.7%49.1%53.2%3.3%1.2%-169.4K66.2M-256.5K0.134.38N/AN/A1,66422092,473114,148
2023-11-13$8.16$15.0053.5%15.4%67.1%48.2%53.9%-1.2%1.0%-159.8K66.4M-228.7K2.152.77N/AN/A2,3735,10993,280114,174
2023-11-14$8.54$15.0051.7%14.8%69.7%45.0%50.1%2.1%0.6%-166.6K56.4M-259.6K0.4246.79N/AN/A2,4251,02394,815106,151
2023-11-15$8.79$15.0053.9%15.5%69.3%48.9%54.8%2.5%-3.3%-151.8K54.5M-285.8K0.724.41N/AN/A4,0062,87696,360106,497
2023-11-16$8.16$15.0054.8%15.7%72.9%50.6%55.5%-1.1%-1.6%-145.0K55.8M-248.4K0.412.80N/AN/A2,6841,11097,855106,752
2023-11-17$8.71$15.0055.5%15.9%76.7%51.7%52.2%4.1%2.4%-134.9K53.9M-286.2K0.193.97N/AN/A2,965557100,113107,002
2023-11-20$8.96$15.0050.5%14.5%77.6%42.7%50.6%6.0%-1.3%-140.9K45.4M-299.3K0.343.90N/AN/A1,36946682,44796,080
2023-11-21$8.48$15.0054.9%15.8%79.3%50.7%53.9%1.6%0.4%-123.4K49.0M-266.6K11.662.84N/AN/A1,31115,28283,22296,244
2023-11-22$8.39$15.0051.4%14.7%79.0%44.3%52.9%-1.7%1.8%-124.8K48.7M-264.8K1.693.90N/AN/A7,89813,32884,11396,560
2023-11-24$8.57$15.0052.0%14.9%65.8%45.5%56.2%-0.2%3.0%-111.4K47.6M-267.7K13.592.35N/AN/A1,11915,20685,27395,588
2023-11-27$8.21$15.0054.9%15.7%66.6%50.7%57.1%-3.9%-0.1%-111.1K48.7M-245.0K4.992.52N/AN/A3,47117,33085,75395,625
2023-11-28$8.32$15.0055.6%15.9%66.8%51.9%54.6%-2.6%-0.9%-104.0K47.5M-261.9K1.374.56N/AN/A9381,28287,54895,927
2023-11-29$8.34$15.0055.8%16.0%66.4%52.3%58.2%-6.2%0.5%-99.7K45.9M-263.9K3.582.50N/AN/A2,3158,29388,03794,716
2023-11-30$8.30$15.0054.4%15.6%66.4%49.7%58.8%-7.1%0.1%-104.6K46.1M-256.7K2.073.07N/AN/A1,1892,46687,93094,786