FEZ Options History — June 2010

In June 2010, FEZ traded between $30.01 and $34.24. ATM implied volatility averaged 43.7%, placing in the 23.4% IV rank vs the trailing year. The 30-day expected move averaged 12.3%. IV traded below realized volatility by 7.9% (HV 20d: 51.6%). Max pain ranged from $34.00 to $37.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 12 of 22 days. Put/call ratio averaged 1.32.

Notable Days

  • 2010-06-25: Highest Volume — 285 contracts
  • 2010-06-29: Largest IV spike — 217.1% change
  • 2010-06-29: Highest IV Rank — 57.9%
  • 2010-06-29: Largest Expected Move — 28.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$32.11$30.01$34.24$31.65$30.57
Max Pain$34.82$34.00$37.00$37.00$34.00
ATM IV43.7%27.3%100.4%49.0%43.2%
Expected Move12.3%7.8%28.8%14.0%12.4%
HV 20d51.6%40.3%63.0%63.0%41.7%
HV 60d44.5%40.7%46.4%40.7%46.4%
IV Rank23.4%13.5%57.9%26.6%23.1%
IV Percentile67.2%46.8%97.6%77.8%68.7%
Term Structure-2.8%-49.9%9.6%-2.8%-0.7%
VWIV49.6%24.6%109.6%59.7%47.8%
Skew 25d14.1%-1.9%33.4%30.6%10.8%
Skew 10d24.0%-22.1%93.9%31.0%21.6%
Call IV 25d38.2%24.5%124.3%24.5%37.3%
Put IV 25d52.4%30.9%145.9%55.0%48.1%
Bid-Ask Spread %98.5783.66142.5697.6184.29
Gamma HHI0.520.480.590.490.54
Net GEX-2.4M-3.7M-1.2M-1.7M-2.2M
Net DEX36.5M22.3M46.7M40.4M46.0M
Net VEX-68.0K-91.7K-45.0K-90.9K-45.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.320.005.005.001.33
Total Volume34.455028535207
Total OI23,580.95523,37623,66423,63023,663

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2010-06-01$31.65$37.0049.0%14.0%63.0%26.6%0.0%30.6%-2.8%-1.7M40.4M-90.9K0.0097.61N/AN/A03541523,215
2010-06-02$32.54$37.0077.7%22.3%61.3%44.1%0.0%-1.9%-30.3%-2.4M35.7M-86.8K0.00137.39N/AN/A0041523,210
2010-06-03$32.29$37.0046.7%13.4%60.8%25.2%59.7%21.9%-6.6%-2.2M35.1M-91.7K0.00102.96N/AN/A01141523,210
2010-06-04$30.32$35.0054.4%14.9%62.4%30.0%59.3%33.4%-7.3%-1.6M43.5M-85.3K5.00102.20N/AN/A1541523,211
2010-06-07$30.01$35.0057.7%15.7%62.1%32.0%0.0%19.9%-3.6%-1.4M46.4M-74.3K0.0087.24N/AN/A0041623,216
2010-06-08$30.48$35.0049.4%11.3%48.7%26.9%0.0%19.3%9.6%-1.8M46.7M-72.1K0.00118.55N/AN/A02141623,216
2010-06-09$30.37$35.0055.8%14.4%48.6%30.8%50.1%17.2%-1.1%-1.6M46.6M-71.9K0.0090.18N/AN/A02041623,236
2010-06-10$32.00$35.0045.7%13.1%52.5%24.6%48.0%19.4%-3.0%-2.1M40.1M-78.2K0.0085.29N/AN/A0241623,226
2010-06-11$32.36$35.0038.2%11.0%52.4%20.1%0.0%12.7%1.9%-2.9M37.8M-64.9K0.0083.66N/AN/A7041623,224
2010-06-14$32.72$35.0037.0%10.6%50.3%19.3%0.0%11.7%0.8%-2.7M34.6M-70.9K0.0088.00N/AN/A0142323,224
2010-06-15$34.24$35.0029.0%8.3%52.8%14.5%0.0%10.7%8.4%-3.7M22.3M-51.0K0.0085.46N/AN/A0343023,225
2010-06-16$33.91$35.0030.3%8.7%52.6%15.3%24.6%18.1%3.4%-2.6M29.1M-69.7K1.0088.48N/AN/A202042323,228
2010-06-17$34.13$34.0031.6%9.1%52.5%16.1%32.4%11.9%5.8%-3.2M27.0M-64.5K0.5594.63N/AN/A402244323,208
2010-06-18$33.33$34.0036.4%10.4%51.7%19.0%30.6%12.9%0.5%-2.5M29.4M-71.8K0.0091.49N/AN/A02839923,220
2010-06-21$33.11$34.0027.3%7.8%50.7%13.5%0.0%6.2%0.9%-3.0M30.5M-63.1K0.00101.77N/AN/A0028723,089
2010-06-22$32.68$34.0028.2%8.1%48.9%14.0%0.0%6.0%-0.6%-2.8M32.3M-62.0K0.0098.17N/AN/A0028723,089
2010-06-23$32.87$34.0028.1%8.1%48.9%14.0%0.0%7.0%0.2%-3.1M32.7M-58.7K0.00100.37N/AN/A0028723,089
2010-06-24$32.02$34.0031.9%9.2%48.8%16.3%0.0%7.5%7.8%-2.7M37.4M-57.2K0.0097.36N/AN/A0328723,089
2010-06-25$32.24$34.0031.2%8.9%40.9%15.8%33.6%7.3%1.8%-2.8M36.9M-53.4K0.0494.94N/AN/A2751028723,092
2010-06-28$32.06$34.0031.6%9.1%40.3%16.1%0.0%6.7%3.4%-2.7M37.3M-49.7K0.0096.03N/AN/A02056223,082
2010-06-29$30.61$34.00100.4%28.8%43.1%57.9%109.6%21.6%-49.9%-1.2M35.6M-62.5K1.33142.56N/AN/A3456223,102
2010-06-30$30.57$34.0043.2%12.4%41.7%23.1%47.8%10.8%-0.7%-2.2M46.0M-45.0K0.0084.29N/AN/A020756523,098