HTZ Options History — December 2023

In December 2023, HTZ traded between $8.77 and $10.71. ATM implied volatility averaged 65.7%, placing in the 54.4% IV rank vs the trailing year. The 30-day expected move averaged 16.5%. IV traded above realized volatility by 3.9% (HV 20d: 61.8%). Max pain ranged from $10.00 to $15.00. Net GEX was positive for 12 of 20 trading days. Term structure was in contango for 19 of 20 days. Put/call ratio averaged 0.24.

Notable Days

  • 2023-12-08: Highest Volume — 28,210 contracts
  • 2023-12-13: Largest IV drop — 29.8% change
  • 2023-12-08: Highest IV Rank — 100.0%
  • 2023-12-08: Largest Expected Move — 18.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.78$8.77$10.71$9.11$10.45
Max Pain$11.13$10.00$15.00$15.00$10.00
ATM IV65.7%51.9%108.1%55.7%51.9%
Expected Move16.5%14.9%18.3%16.0%14.9%
HV 20d61.8%52.8%70.3%67.6%54.1%
HV 60d64.1%60.9%67.8%63.9%61.0%
IV Rank54.4%31.0%100.0%52.1%31.0%
IV Percentile87.8%66.3%100.0%84.5%66.3%
Term Structure7.3%-2.5%12.5%-2.5%12.5%
VWIV59.4%53.3%66.3%53.3%57.2%
Skew 25d0.8%-3.9%9.4%9.4%2.4%
Skew 10d3.2%-11.7%20.7%20.7%15.0%
Call IV 25d61.6%55.2%70.5%55.2%57.5%
Put IV 25d62.4%57.9%66.6%64.6%59.9%
Bid-Ask Spread %3.431.5612.682.832.61
Gamma HHI0.310.210.710.230.23
Net GEX193.9K-115.2K1.5M-83.4K106.1K
Net DEX25.4M8.5M42.6M40.1M12.6M
Net VEX-369.0K-433.5K-292.3K-320.8K-407.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.240.010.640.310.14
Total Volume8,282.11,55628,2105,4254,782
Total OI193,501.55170,222213,240183,115196,644

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-12-01$9.11$15.0055.7%16.0%67.6%52.1%53.3%9.4%-2.5%-83.4K40.1M-320.8K0.312.83N/AN/A4,1411,28488,54594,570
2023-12-04$9.02$12.5061.3%15.3%66.6%62.2%54.5%4.6%8.6%-105.4K39.8M-314.0K0.153.02N/AN/A2,87143888,09894,645
2023-12-05$8.77$12.5064.5%15.3%65.0%67.8%60.3%5.8%8.1%-97.9K41.9M-292.3K0.302.71N/AN/A2,43172088,92594,883
2023-12-06$8.93$12.5081.0%17.8%65.4%97.3%62.7%-1.6%2.1%-101.3K39.1M-314.3K0.022.56N/AN/A15,25930089,14695,266
2023-12-07$9.21$12.5079.9%17.7%66.0%95.4%63.0%-0.7%2.1%70.5K35.4M-330.0K0.083.74N/AN/A10,97187096,38795,470
2023-12-08$9.48$12.5098.2%18.3%66.2%100.0%65.0%-3.9%1.8%253.2K29.6M-355.4K0.303.61N/AN/A21,7086,502103,98496,068
2023-12-11$9.21$12.50108.1%18.1%67.2%100.0%66.3%-3.4%2.6%382.6K33.4M-341.9K0.083.37N/AN/A6,382527112,56998,880
2023-12-12$8.89$12.5083.2%16.5%65.7%69.5%58.2%-0.5%4.1%-115.2K42.6M-307.0K0.012.64N/AN/A10,227127114,02799,213
2023-12-13$9.48$10.0058.4%16.7%67.6%39.1%59.2%1.6%5.9%499.0K33.8M-344.8K0.183.79N/AN/A2,665491109,67399,327
2023-12-14$10.11$10.0057.9%16.6%70.3%38.5%58.8%-1.6%8.2%1.4M20.2M-383.5K0.192.87N/AN/A15,5412,984109,67799,524
2023-12-15$10.11$10.0058.2%16.7%63.5%38.8%59.5%0.5%10.5%1.5M22.2M-384.7K0.143.98N/AN/A4,938705104,360100,095
2023-12-18$9.98$10.0058.5%16.8%60.6%39.2%59.6%-0.4%8.6%-83.6K22.6M-371.2K0.211.89N/AN/A7,5171,59580,50789,715
2023-12-19$10.18$10.0057.5%16.5%60.3%37.9%57.7%1.0%9.9%-45.2K18.6M-396.0K0.612.16N/AN/A4,3582,64085,41090,970
2023-12-20$10.04$10.0058.5%16.8%56.4%39.1%62.5%0.4%10.1%-26.0K20.2M-395.4K0.203.74N/AN/A14,0032,81988,76393,227
2023-12-21$10.34$10.0058.0%16.6%56.4%38.6%63.4%0.9%9.8%40.4K15.1M-416.2K0.142.36N/AN/A4,16560396,25794,802
2023-12-22$10.46$10.0055.8%16.0%56.2%35.9%58.1%-0.5%11.7%63.3K12.7M-425.6K0.331.56N/AN/A2,21473297,88695,222
2023-12-26$10.71$10.0057.2%16.4%52.8%37.5%57.2%-0.1%10.1%76.4K8.5M-433.5K0.312.90N/AN/A3,3111,04098,36795,574
2023-12-27$10.57$10.0056.1%16.1%53.6%36.2%56.9%1.0%10.2%113.5K9.8M-425.5K0.413.55N/AN/A1,105451100,33796,152
2023-12-28$10.59$10.0053.2%15.2%53.6%32.6%53.6%1.9%12.2%113.6K10.4M-420.7K0.6412.68N/AN/A1,360865100,50096,366
2023-12-29$10.45$10.0051.9%14.9%54.1%31.0%57.2%2.4%12.5%106.1K12.6M-407.9K0.142.61N/AN/A4,188594100,39696,248