Fidelity Enhanced Small Cap ETF (FESM) Options History
Historical options analytics archive for FESM with monthly max pain, implied volatility, gamma exposure, and put/call data.
11 months of complete options data available.
FESM monthly aggregates
Month-by-month rollups derived from the daily snapshot archive for FESM. Volatility and put/call columns are averages across trading days within the month; max pain, net GEX, and net DEX are the end-of-month values (last trading day of the month).
| Month | Days | Avg ATM IV | Avg IV Rank | End Max Pain | End Net GEX | End Net DEX | Avg P/C |
|---|---|---|---|---|---|---|---|
| 2026-06 | 19 | 34.5% | 20.5% | $45.00 | $3.5K | -$69.0K | 0.00 |
| 2026-05 | 18 | 39.6% | 19.9% | - | $226 | -$7.1K | 0.00 |
| 2026-04 | 17 | 36.9% | 19.8% | $43.00 | $168 | -$8.3K | 0.00 |
| 2026-03 | 22 | 41.0% | 29.5% | - | -$28 | -$1.0K | 0.00 |
| 2026-02 | 19 | 35.7% | 16.3% | $38.00 | -$860 | $5.0K | 0.20 |
| 2026-01 | 20 | 38.9% | - | - | $1.8K | -$49.1K | 0.00 |
This archive aggregates FESM's daily end-of-day options snapshots into monthly summaries, spanning 2025-08 through 2026-06. Each month rolls up the underlying snapshot archive, which provides continuous end-of-day coverage from 2007 to present: implied-volatility levels, IV rank, and the put/call ratio are time-averaged across the month; total call and put volume are summed; and dealer positioning (net gamma and delta exposure) and the max-pain strike are taken at the month's final trading day. The result is a long-horizon view of how FESM option pricing, volatility regime, and dealer hedging pressure evolved month over month, useful for backtesting strategy assumptions and for studying volatility-regime shifts around earnings and macro events. The most recent aggregated month (2026-06) shows an average ATM implied volatility near 34.5%, a month-end max-pain strike around $45.00, an average put/call ratio of 0.00.
2026
Jan | Feb | Mar | Apr | May | Jun
2025
Frequently asked FESM history questions
- How much options history is available for FESM?
- This archive holds 11 months of FESM options analytics, spanning 2025-08 through 2026-06. Each entry is a monthly rollup of FESM's daily end-of-day options snapshot record, which provides continuous coverage from 2007 to present. Use the year-grouped links on this page to jump to any specific month within the FESM archive.
- What data does each monthly FESM aggregate contain?
- Every monthly row summarizes that month of FESM option activity: time-averaged ATM implied volatility and IV rank, the month-end max-pain strike, end-of-month net dealer gamma (GEX) and delta (DEX) exposure, the average put/call ratio, and total call and put volume. For example, 2026-06 recorded an average ATM implied volatility near 34.5%, an average IV rank of 20.5%, a month-end max-pain strike around $45.00, an average put/call ratio of 0.00.
- How is the FESM options-history archive built and how often does it update?
- The archive is derived from FESM's daily end-of-day options snapshots, which capture spot, the full listed chain, implied volatility, and dealer-positioning exposures each trading day. Those daily records are rolled up into the monthly summaries shown here and refreshed as new end-of-day data lands. Traders use the long-horizon view to backtest strategy assumptions, study how FESM's volatility regime shifts around earnings and macro events, and compare current dealer positioning against historical norms.