HTZ Options History — May 2024

In May 2024, HTZ traded between $4.29 and $6.00. ATM implied volatility averaged 75.4%, placing in the 55.4% IV rank vs the trailing year. The 30-day expected move averaged 20.7%. IV traded below realized volatility by 36.8% (HV 20d: 112.2%). Max pain ranged from $5.00 to $6.00. Net GEX was positive for 13 of 22 trading days. Term structure was in contango for 13 of 22 days. Put/call ratio averaged 1.55.

Notable Days

  • 2024-05-14: Highest Volume — 47,371 contracts
  • 2024-05-13: Largest IV spike — 48.2% change
  • 2024-05-14: Highest IV Rank — 87.4%
  • 2024-05-14: Largest Expected Move — 23.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.01$4.29$6.00$4.50$4.29
Max Pain$5.84$5.00$6.00$5.00$5.50
ATM IV75.4%65.8%103.6%76.5%71.9%
Expected Move20.7%18.8%23.9%21.9%20.6%
HV 20d112.2%87.3%131.6%101.3%87.3%
HV 60d82.8%76.5%86.0%77.9%85.9%
IV Rank55.4%44.5%87.4%56.7%51.4%
IV Percentile86.2%73.4%99.2%91.3%82.5%
Term Structure1.9%-7.8%10.6%-6.7%-3.7%
VWIV74.2%68.0%86.4%82.0%68.5%
Skew 25d-1.6%-14.4%11.8%5.5%11.8%
Skew 10d-1.7%-48.0%53.9%-2.2%30.2%
Call IV 25d76.3%67.2%96.9%82.0%69.3%
Put IV 25d74.8%66.4%87.6%87.6%81.1%
Bid-Ask Spread %32.288.5667.3749.4314.19
Gamma HHI0.170.140.310.150.15
Net GEX72.3K-124.8K685.5K-48.2K-124.8K
Net DEX6.7M-20.0M17.7M17.7M17.1M
Net VEX-299.8K-350.6K-244.7K-259.6K-265.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.550.1110.860.300.82
Total Volume9,153.6361,37247,3712,8738,075
Total OI356,297.545337,523386,498349,626352,203

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-05-01$4.50$5.0076.5%21.9%101.3%56.7%82.0%5.5%-6.7%-48.2K17.7M-259.6K0.3049.43N/AN/A2,209664182,401167,225
2024-05-02$5.00$5.0080.4%23.1%110.7%61.1%86.4%-14.4%-4.0%31.7K8.0M-301.0K0.2014.91N/AN/A14,1142,801181,983167,264
2024-05-03$4.84$5.0076.4%21.9%110.3%56.6%76.2%-2.7%-7.8%10.1K12.1M-283.9K0.8563.96N/AN/A2,6042,221186,775168,457
2024-05-06$5.17$6.0075.0%20.7%113.9%55.0%73.1%-2.3%5.9%80.1K5.3M-303.9K0.5818.74N/AN/A7,9484,633187,473168,417
2024-05-07$4.99$6.0068.1%19.6%111.7%47.2%68.7%-0.2%6.0%62.8K9.4M-290.4K0.4515.03N/AN/A1,521683191,928169,110
2024-05-08$4.83$6.0078.6%18.8%110.9%59.1%68.4%3.6%10.6%39.9K10.8M-244.7K5.018.60N/AN/A7843,929192,553169,301
2024-05-09$4.91$6.0075.6%19.0%111.7%55.7%69.6%-3.2%8.0%37.5K11.9M-283.8K0.149.04N/AN/A2,747391192,805169,499
2024-05-10$4.88$6.0066.0%19.3%111.5%44.8%68.0%3.9%8.4%27.7K12.3M-282.1K2.0220.56N/AN/A1,0772,176193,845169,619
2024-05-13$5.50$6.0097.9%20.5%121.6%80.9%75.4%3.9%7.3%253.3K-6.2M-322.2K0.198.56N/AN/A16,3353,138194,438167,064
2024-05-14$6.00$6.00103.6%23.9%125.6%87.4%86.3%-4.6%2.1%400.4K-20.0M-350.6K0.1141.95N/AN/A42,6454,726197,537168,961
2024-05-15$5.42$6.0077.8%22.3%130.1%58.2%78.0%-2.0%5.1%193.6K-3.6M-318.5K0.8336.96N/AN/A8,6907,241204,189171,145
2024-05-16$5.71$6.0077.5%22.2%130.1%57.8%80.0%5.3%0.3%367.4K-11.8M-338.8K0.2465.40N/AN/A4,9311,179206,182176,111
2024-05-17$5.54$6.0075.2%21.6%130.3%55.3%78.6%-6.7%-0.6%685.5K-8.7M-332.0K7.9520.35N/AN/A1,59812,702208,345178,153
2024-05-20$5.25$6.0070.9%20.3%131.6%50.3%77.2%-14.1%-0.8%22.4K5.8M-330.3K0.2126.79N/AN/A5,6911,209169,470168,053
2024-05-21$5.13$6.0069.4%19.9%129.7%48.7%69.7%-2.9%-0.2%-3.9K7.7M-318.8K0.8441.00N/AN/A1,9701,648170,402168,814
2024-05-22$5.00$6.0065.8%18.9%128.1%44.5%68.3%-2.6%6.6%-34.8K9.8M-314.2K0.3256.39N/AN/A1,038334171,424169,870
2024-05-23$4.78$6.0068.9%19.8%97.8%48.1%69.3%-5.5%2.6%-71.4K13.0M-292.6K0.3658.03N/AN/A3,2221,146171,935170,057
2024-05-24$4.79$6.0067.9%19.5%96.6%46.9%70.7%-3.7%-1.8%-75.5K13.3M-297.7K0.6315.52N/AN/A1,406882173,808171,009
2024-05-28$4.67$6.0070.2%20.1%92.7%49.5%72.6%-8.9%1.3%-93.4K14.3M-290.6K0.5467.37N/AN/A5,4242,940174,697171,796
2024-05-29$4.47$6.0072.4%20.7%91.9%52.0%72.6%-4.1%-0.9%-87.8K15.7M-283.9K10.8640.99N/AN/A8208,909179,026174,214
2024-05-30$4.61$6.0072.4%20.8%92.5%52.0%72.9%9.4%3.7%-82.8K13.1M-291.0K0.6916.40N/AN/A1,7641,215179,263171,725
2024-05-31$4.29$5.5071.9%20.6%87.3%51.4%68.5%11.8%-3.7%-124.8K17.1M-265.3K0.8214.19N/AN/A4,4283,647180,295171,908