FEZ Options History — May 2007

Name: FEZ Options Analytics - May 2007
Creator: Options Analysis Suite

In May 2007, FEZ traded between $60.10 and $61.69. ATM implied volatility averaged 35.1%. The 30-day expected move averaged 10.1%. Max pain ranged from $65.00 to $65.00. Net GEX was positive for 0 of 13 trading days. Term structure was in contango for 0 of 13 days. Put/call ratio averaged 0.25.

Notable Days

2007-05-15: Highest Volume — 1,000 contracts
2007-05-30: Largest IV spike — 156.2% change
2007-05-31: Largest Expected Move — 13.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$60.88	$60.10	$61.69	$60.10	$61.69
Max Pain	$65.00	$65.00	$65.00	$65.00	$65.00
ATM IV	35.1%	18.2%	47.7%	19.1%	47.7%
Expected Move	10.1%	5.2%	13.7%	5.5%	13.7%
Term Structure	-9.3%	-18.7%	-1.1%	-2.9%	-14.8%
VWIV	36.7%	36.7%	36.7%	36.7%	36.7%
Bid-Ask Spread %	148.05	57.56	164.39	57.56	164.39
Gamma HHI	0.68	0.61	0.78	0.67	0.66
Net GEX	-24.9K	-154.0K	0	0	-13.9K
Net DEX	5.3M	0	6.4M	0	6.4M
Net VEX	-2.3K	-3.5K	0	0	-2.5K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.25	0.00	0.50	0.50	0.00
Total Volume	80.231	0	1,000	30	0
Total OI	972.308	0	1,142	0	1,142

Daily Data (13 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2007-05-14	$60.10	$0.00	19.1%	5.5%	0.0%	0.0%	0.0%	0.0%	-2.9%	0	0	0	0.50	57.56	N/A	N/A	20	10	0	0
2007-05-15	$60.53	$0.00	34.4%	9.9%	0.0%	0.0%	36.7%	0.0%	-8.1%	-16.7K	197.4K	-2.4K	0.00	163.05	N/A	N/A	0	1,000	20	110
2007-05-16	$60.60	$65.00	34.9%	10.0%	0.0%	0.0%	0.0%	0.0%	-8.3%	-14.3K	6.2M	-2.3K	0.00	162.63	N/A	N/A	0	0	20	1,110
2007-05-17	$60.30	$65.00	35.6%	10.2%	0.0%	0.0%	0.0%	0.0%	-9.1%	-16.7K	6.2M	-2.4K	0.00	162.59	N/A	N/A	5	0	20	1,110
2007-05-18	$61.35	$65.00	35.7%	10.2%	0.0%	0.0%	0.0%	0.0%	-7.9%	-14.6K	6.3M	-2.4K	0.00	163.39	N/A	N/A	0	0	25	1,110
2007-05-21	$60.83	$65.00	38.0%	10.9%	0.0%	0.0%	0.0%	0.0%	-18.7%	-15.6K	6.2M	-2.4K	0.00	163.47	N/A	N/A	0	0	25	1,110
2007-05-22	$60.90	$65.00	31.9%	9.1%	0.0%	0.0%	0.0%	0.0%	-5.4%	-21.9K	6.2M	-2.3K	0.00	159.51	N/A	N/A	0	0	25	1,110
2007-05-23	$61.21	$65.00	32.3%	9.3%	0.0%	0.0%	0.0%	0.0%	-5.2%	-9.6K	6.3M	-2.5K	0.00	159.29	N/A	N/A	0	8	25	1,110
2007-05-24	$60.49	$65.00	40.6%	11.6%	0.0%	0.0%	0.0%	0.0%	-12.2%	-17.9K	6.3M	-2.5K	0.00	163.03	N/A	N/A	0	0	25	1,117
2007-05-25	$61.05	$65.00	41.2%	11.8%	0.0%	0.0%	0.0%	0.0%	-11.7%	-18.3K	6.3M	-2.5K	0.00	163.81	N/A	N/A	0	0	25	1,117
2007-05-29	$61.07	$65.00	18.2%	5.2%	0.0%	0.0%	0.0%	0.0%	-1.1%	-154.0K	6.0M	-3.5K	0.00	78.18	N/A	N/A	0	0	25	1,117
2007-05-30	$61.30	$65.00	46.7%	13.4%	0.0%	0.0%	0.0%	0.0%	-14.9%	-10.6K	6.3M	-2.5K	0.00	163.76	N/A	N/A	0	0	25	1,117
2007-05-31	$61.69	$65.00	47.7%	13.7%	0.0%	0.0%	0.0%	0.0%	-14.8%	-13.9K	6.4M	-2.5K	0.00	164.39	N/A	N/A	0	0	25	1,117