HTZ Options History — September 2025

In September 2025, HTZ traded between $5.38 and $7.11. ATM implied volatility averaged 84.5%, placing in the 8.2% IV rank vs the trailing year. The 30-day expected move averaged 24.4%. IV traded above realized volatility by 21.9% (HV 20d: 62.6%). Max pain ranged from $5.00 to $9.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 0.43.

Notable Days

  • 2025-09-18: Highest Volume — 85,071 contracts
  • 2025-09-23: Largest IV spike — 13.8% change
  • 2025-09-23: Highest IV Rank — 19.1%
  • 2025-09-25: Largest Expected Move — 28.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.32$5.38$7.11$5.62$6.83
Max Pain$7.83$5.00$9.00$9.00$9.00
ATM IV84.5%74.4%100.0%77.6%90.2%
Expected Move24.4%21.1%28.1%23.1%25.7%
HV 20d62.6%55.3%68.2%66.3%62.1%
HV 60d69.7%66.1%73.0%70.1%66.7%
IV Rank8.2%1.1%19.1%3.4%12.2%
IV Percentile19.1%0.8%54.4%3.6%33.3%
Term Structure2.1%-9.3%19.6%2.2%13.9%
VWIV86.0%72.7%101.7%77.2%94.1%
Skew 25d-1.8%-8.8%6.2%-7.6%-2.7%
Skew 10d5.0%-23.3%40.3%-23.3%1.0%
Call IV 25d86.8%72.3%100.2%83.7%94.1%
Put IV 25d85.0%71.1%99.2%76.1%91.3%
Bid-Ask Spread %54.388.7177.698.7165.59
Gamma HHI0.120.100.170.100.17
Net GEX457.0K-37.5K841.1K50.0K837.6K
Net DEX-45.4M-105.0M12.0M755.5K-83.0M
Net VEX-665.5K-747.4K-589.8K-605.4K-675.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.430.071.250.650.27
Total Volume21,129.5244,27985,0718,3956,513
Total OI1,040,767.19987,8261,110,1571,044,0981,001,419

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-09-02$5.62$9.0077.6%23.1%66.3%3.4%77.2%-7.6%2.2%50.0K755.5K-605.4K0.658.71N/AN/A5,0743,321415,849628,249
2025-09-03$5.38$9.0078.3%21.9%66.4%3.9%78.8%-8.8%2.8%-37.5K8.6M-603.7K1.2547.86N/AN/A3,0073,771416,238629,734
2025-09-04$5.45$5.0075.6%21.1%63.2%2.0%76.4%-4.9%3.6%9.4K7.1M-589.8K0.8468.57N/AN/A6,0015,045417,434630,654
2025-09-05$5.44$5.0074.4%21.9%55.3%1.1%74.9%-0.2%3.4%51.0K12.0M-608.8K0.4849.48N/AN/A4,8762,365418,697634,614
2025-09-08$5.96$5.0076.8%22.6%59.6%2.8%79.0%6.2%-0.0%205.6K-16.9M-614.8K0.2453.17N/AN/A12,3982,918406,864623,777
2025-09-09$6.08$5.0075.1%22.6%58.0%1.7%74.6%3.8%6.3%314.3K-23.7M-614.6K0.4450.17N/AN/A15,4726,755414,937625,800
2025-09-10$5.83$5.5075.4%22.4%60.2%1.8%77.8%-5.8%4.4%251.1K-11.9M-609.2K0.1460.10N/AN/A6,446872422,802631,846
2025-09-11$6.16$5.5075.5%22.9%62.8%1.9%72.7%-1.9%3.4%397.2K-25.8M-624.4K0.6677.69N/AN/A18,18312,002422,784631,862
2025-09-12$6.42$7.5085.2%24.9%62.3%8.7%81.3%-2.0%4.7%428.4K-41.1M-654.4K0.2270.57N/AN/A34,0047,485425,165632,386
2025-09-15$6.25$9.0083.6%24.2%63.1%7.5%86.2%-2.6%-1.0%473.8K-38.6M-674.4K0.2449.98N/AN/A8,5252,037442,463636,183
2025-09-16$6.14$9.0080.9%23.1%63.8%5.7%82.8%0.6%-0.6%426.7K-29.1M-674.6K0.5132.32N/AN/A2,8381,441443,562639,403
2025-09-17$6.20$9.0085.5%24.5%63.3%8.9%84.9%0.4%-7.4%491.4K-32.6M-664.5K0.2877.34N/AN/A9,4692,662444,241639,816
2025-09-18$6.79$9.0084.9%24.2%68.2%8.5%88.2%4.9%2.5%727.2K-63.6M-672.2K0.3525.04N/AN/A62,82022,251443,989639,944
2025-09-19$6.74$9.0095.6%27.6%68.0%15.9%97.0%-1.0%-0.8%508.1K-66.5M-737.2K0.0762.55N/AN/A44,0233,049466,645643,512
2025-09-22$6.80$9.0087.9%25.8%63.7%10.6%92.5%-2.0%2.7%670.7K-84.9M-723.1K0.3649.70N/AN/A5,4001,938410,604577,222
2025-09-23$6.97$9.00100.0%27.2%61.2%19.1%97.9%-0.3%-9.3%717.0K-95.1M-735.0K0.0751.19N/AN/A27,4711,994411,773578,654
2025-09-24$6.96$9.0094.4%26.2%61.4%15.1%95.5%-1.8%-3.4%830.9K-93.9M-747.4K0.1863.14N/AN/A10,3111,863419,730579,392
2025-09-25$7.11$9.0094.9%28.1%60.3%15.5%101.7%-2.4%1.4%694.0K-105.0M-745.5K1.0254.89N/AN/A27,61228,047419,213580,322
2025-09-26$6.75$9.0093.9%27.4%62.7%14.8%99.5%-7.9%-4.0%709.3K-83.5M-704.5K0.1162.07N/AN/A11,9951,271432,940578,996
2025-09-29$6.88$9.0088.9%25.6%62.8%11.3%92.9%-2.2%19.6%841.1K-86.4M-697.2K0.7461.94N/AN/A5,8624,333420,710575,686
2025-09-30$6.83$9.0090.2%25.7%62.1%12.2%94.1%-2.7%13.9%837.6K-83.0M-675.4K0.2765.59N/AN/A5,1301,383422,177579,242