HTZ Options History — March 2024

In March 2024, HTZ traded between $7.13 and $8.07. ATM implied volatility averaged 60.8%, placing in the 38.8% IV rank vs the trailing year. The 30-day expected move averaged 16.7%. IV traded above realized volatility by 2.4% (HV 20d: 58.4%). Max pain ranged from $7.50 to $10.00. Net GEX was positive for 9 of 20 trading days. Term structure was in contango for 20 of 20 days. Put/call ratio averaged 0.88.

Notable Days

  • 2024-03-04: Highest Volume — 18,040 contracts
  • 2024-03-12: Largest IV drop — 22.6% change
  • 2024-03-11: Highest IV Rank — 54.6%
  • 2024-03-08: Largest Expected Move — 17.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.56$7.13$8.07$7.81$7.88
Max Pain$7.63$7.50$10.00$10.00$7.50
ATM IV60.8%55.1%74.7%56.2%55.1%
Expected Move16.7%15.8%17.8%16.1%15.8%
HV 20d58.4%46.5%73.5%69.1%53.3%
HV 60d57.5%55.2%59.0%56.9%58.3%
IV Rank38.8%32.4%54.6%33.7%32.4%
IV Percentile76.2%58.3%95.6%70.2%58.3%
Term Structure7.6%0.8%12.8%0.8%12.8%
VWIV58.2%53.6%62.2%56.2%54.8%
Skew 25d3.1%-13.3%10.6%-13.3%-5.8%
Skew 10d7.4%-18.0%24.2%-18.0%-9.6%
Call IV 25d61.5%58.4%69.5%69.5%59.9%
Put IV 25d64.6%49.0%70.8%56.2%54.1%
Bid-Ask Spread %5.822.6215.185.195.12
Gamma HHI0.270.170.700.270.19
Net GEX-81.5K-1.1M170.5K-100.1K137.8K
Net DEX21.5M12.7M30.6M24.5M15.3M
Net VEX-301.3K-334.0K-266.1K-313.7K-312.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.880.082.820.570.36
Total Volume5,000.693418,0403,791934
Total OI235,425.15199,478262,209245,992215,068

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-03-01$7.81$10.0056.2%16.1%69.1%33.7%56.2%-13.3%0.8%-100.1K24.5M-313.7K0.575.19N/AN/A2,4101,381131,819114,173
2024-03-04$7.20$7.5067.8%17.3%73.5%46.8%61.8%3.3%4.3%-146.1K30.6M-268.7K2.283.02N/AN/A5,50412,536131,811113,810
2024-03-05$7.13$7.5071.9%17.3%72.2%51.5%60.6%2.6%5.4%-105.1K30.3M-292.6K0.342.62N/AN/A2,031694135,101123,799
2024-03-06$7.24$7.5068.6%17.2%66.4%47.7%59.7%2.1%4.8%-105.9K28.4M-293.7K0.082.93N/AN/A9,014723136,127123,673
2024-03-07$7.46$7.5066.8%17.3%67.9%45.6%60.4%4.2%5.0%-114.3K26.8M-310.1K0.673.74N/AN/A1,444961138,468123,741
2024-03-08$7.76$7.5064.3%17.8%69.8%42.8%62.2%4.0%3.0%-99.9K22.0M-334.0K0.305.78N/AN/A2,832852138,071123,748
2024-03-11$7.79$7.5074.7%17.2%69.6%54.6%59.9%1.4%5.3%-99.0K20.3M-328.0K2.8215.18N/AN/A1,9255,437137,823123,543
2024-03-12$7.84$7.5057.8%16.8%68.2%35.5%58.7%5.1%5.1%-119.7K18.1M-325.3K1.444.17N/AN/A685985137,891119,542
2024-03-13$7.79$7.5057.5%16.5%46.5%35.2%57.8%4.4%6.7%-180.1K18.4M-299.2K2.673.04N/AN/A6221,659137,833119,829
2024-03-14$7.45$7.5057.5%16.5%49.1%35.1%56.7%3.8%9.5%-388.2K24.6M-291.6K0.726.31N/AN/A628454137,951120,369
2024-03-15$7.56$7.5057.4%16.5%49.0%35.0%57.4%8.1%9.8%-1.1M18.6M-278.0K0.959.41N/AN/A2,0401,937138,281120,466
2024-03-18$7.13$7.5058.2%16.7%53.0%35.9%58.1%9.0%8.8%47.3K22.8M-266.1K0.295.67N/AN/A7,7432,246100,57398,905
2024-03-19$7.21$7.5057.5%16.5%49.2%35.1%57.4%8.7%8.6%70.1K21.9M-275.6K0.228.71N/AN/A1,815392104,021100,481
2024-03-20$7.45$7.5058.0%16.6%50.5%35.7%53.6%9.8%8.1%78.5K20.0M-290.4K2.565.62N/AN/A4,23410,845103,215100,758
2024-03-21$7.50$7.5057.5%16.5%50.5%35.2%57.4%10.6%9.3%89.4K19.4M-297.1K0.263.33N/AN/A1,655437105,633103,339
2024-03-22$7.30$7.5056.6%16.2%50.9%34.0%56.5%-9.7%9.8%80.1K21.9M-285.0K0.406.03N/AN/A1,195479106,727103,666
2024-03-25$7.67$7.5055.9%16.0%53.9%33.3%55.9%6.9%11.6%111.7K18.1M-303.6K0.258.29N/AN/A1,876468107,578103,920
2024-03-26$7.88$7.5058.2%16.7%52.1%35.9%60.1%2.6%11.6%131.9K15.0M-326.3K0.138.72N/AN/A6,301806108,161104,258
2024-03-27$8.07$7.5057.9%16.6%52.6%35.6%57.9%3.3%10.6%170.5K12.7M-333.4K0.333.59N/AN/A1,381451109,938104,393
2024-03-28$7.88$7.5055.1%15.8%53.3%32.4%54.8%-5.8%12.8%137.8K15.3M-312.8K0.365.12N/AN/A686248110,657104,411