HTZ Options History — March 2025

In March 2025, HTZ traded between $3.31 and $4.31. ATM implied volatility averaged 95.7%, placing in the 62.5% IV rank vs the trailing year. The 30-day expected move averaged 29.1%. IV traded above realized volatility by 7.9% (HV 20d: 87.8%). Max pain ranged from $3.50 to $4.50. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 5.88.

Notable Days

  • 2025-03-20: Highest Volume — 110,482 contracts
  • 2025-03-13: Largest IV spike — 12.4% change
  • 2025-03-31: Highest IV Rank — 87.6%
  • 2025-03-31: Largest Expected Move — 31.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.82$3.31$4.31$4.03$4.04
Max Pain$4.08$3.50$4.50$4.00$4.00
ATM IV95.7%87.5%112.0%93.6%112.0%
Expected Move29.1%25.6%31.9%26.3%31.9%
HV 20d87.8%75.3%120.6%75.3%120.6%
HV 60d74.6%69.6%87.3%70.1%87.3%
IV Rank62.5%49.9%87.6%59.3%87.6%
IV Percentile57.7%39.7%89.7%54.8%89.7%
Term Structure1.1%-5.2%16.5%-1.9%-4.2%
VWIV101.0%88.2%122.2%91.5%114.0%
Skew 25d17.4%6.7%32.5%16.8%27.4%
Skew 10d46.8%16.8%74.7%18.3%74.7%
Call IV 25d90.8%83.0%102.0%87.5%94.0%
Put IV 25d108.2%92.5%125.8%104.2%121.4%
Bid-Ask Spread %46.5228.1064.8152.7637.55
Gamma HHI0.170.140.250.150.15
Net GEX-145.1K-227.4K-80.5K-130.8K-125.5K
Net DEX6.1M-3.5M16.7M5.3M3.4M
Net VEX-357.4K-523.9K-235.8K-235.8K-523.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio5.880.1068.290.312.22
Total Volume26,379.9051,186110,4821,18613,049
Total OI418,968.143254,713622,555254,713622,555

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-03-03$4.03$4.0093.6%26.3%75.3%59.3%91.5%16.8%-1.9%-130.8K5.3M-235.8K0.3152.76N/AN/A90628079,043175,670
2025-03-04$4.25$4.0089.7%28.2%77.5%53.3%93.7%7.5%-1.1%-97.7K3.0M-239.0K1.0253.97N/AN/A14,83215,18380,136175,814
2025-03-05$4.25$4.0087.5%27.8%76.2%49.9%93.7%8.1%3.0%-97.8K1.4M-269.2K0.1057.98N/AN/A3,87738693,597189,849
2025-03-06$4.12$4.0090.3%29.2%76.9%54.1%101.9%12.3%-0.8%-98.1K2.2M-270.6K0.7664.81N/AN/A3,5882,723100,013189,998
2025-03-07$4.19$4.0089.7%28.5%77.0%53.2%95.4%6.7%-5.0%-113.5K488.5K-275.7K0.1661.03N/AN/A1,595263103,460192,237
2025-03-10$4.10$4.0094.6%30.5%77.3%60.7%105.4%21.8%6.6%-136.8K1.8M-271.6K4.0854.50N/AN/A2,0118,206103,385190,958
2025-03-11$3.79$4.0095.7%29.3%80.0%62.4%96.4%10.8%-4.3%-151.2K5.7M-269.1K1.3459.49N/AN/A22,97030,786104,560196,380
2025-03-12$3.80$4.0088.2%29.1%79.9%50.9%105.2%17.7%2.7%-187.1K4.8M-322.4K1.0560.84N/AN/A10,51011,035124,184222,483
2025-03-13$3.42$4.0099.1%31.1%85.5%67.7%88.2%10.8%-2.4%-173.7K9.5M-320.0K11.4952.46N/AN/A2,65930,551133,741233,119
2025-03-14$3.79$4.0088.1%27.8%87.5%50.8%100.9%20.3%1.1%-197.6K6.0M-362.7K1.3458.76N/AN/A1,3771,845136,055262,825
2025-03-17$3.80$4.5089.3%25.6%83.7%52.6%89.2%12.9%-4.1%-227.4K5.4M-362.3K0.4235.00N/AN/A1,551649135,528262,347
2025-03-18$3.50$4.5094.3%26.9%78.6%60.3%100.8%16.7%0.1%-158.4K7.8M-338.0K68.2945.26N/AN/A93163,576136,190262,661
2025-03-19$3.69$4.5092.4%26.0%82.0%57.4%89.0%20.0%5.8%-93.3K10.6M-384.5K5.4938.38N/AN/A2,32012,743136,815316,409
2025-03-20$3.31$0.00102.5%29.4%88.8%73.0%103.1%20.1%1.3%-80.5K13.0M-354.4K6.0930.17N/AN/A15,58594,897138,821315,542
2025-03-21$3.50$3.5097.4%29.9%89.4%65.0%94.5%32.5%4.3%-179.6K16.7M-410.4K1.0041.94N/AN/A22,76722,873152,425382,862
2025-03-24$3.45$4.5097.8%29.5%88.6%65.7%108.3%8.1%7.8%-156.9K10.9M-433.3K1.7537.76N/AN/A4,8078,392160,310376,084
2025-03-25$3.34$4.0099.7%30.8%88.9%68.6%121.2%32.1%1.6%-150.3K9.7M-425.0K5.2128.10N/AN/A3,34217,397164,457383,864
2025-03-26$3.46$4.00104.2%30.8%89.1%75.5%89.3%32.2%-5.2%-198.6K15.4M-446.7K1.0938.81N/AN/A6,5037,110167,440401,460
2025-03-27$4.31$4.0096.5%30.4%119.8%63.7%122.2%14.5%16.5%-147.0K-3.5M-476.6K0.8630.02N/AN/A28,80224,768173,562407,395
2025-03-28$4.16$4.00106.9%31.6%120.4%79.7%116.9%16.0%2.1%-144.6K-634.5K-514.1K9.4537.41N/AN/A3,47732,856192,134421,963
2025-03-31$4.04$4.00112.0%31.9%120.6%87.6%114.0%27.4%-4.2%-125.5K3.4M-523.9K2.2237.55N/AN/A4,0568,993189,419433,136