FEZ Options History — November 2010

In November 2010, FEZ traded between $34.91 and $40.47. ATM implied volatility averaged 31.8%, placing in the 23.5% IV rank vs the trailing year. The 30-day expected move averaged 8.5%. IV traded above realized volatility by 8.7% (HV 20d: 23.1%). Max pain ranged from $36.00 to $37.00. Net GEX was positive for 15 of 20 trading days. Term structure was in contango for 6 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2010-11-15: Highest Volume — 10 contracts
  • 2010-11-19: Largest IV spike — 51.4% change
  • 2010-11-19: Highest IV Rank — 53.5%
  • 2010-11-26: Largest Expected Move — 12.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$38.13$34.91$40.47$38.55$34.91
Max Pain$36.50$36.00$37.00$37.00$36.00
ATM IV31.8%20.3%64.9%26.8%33.6%
Expected Move8.5%5.8%12.6%7.7%9.6%
HV 20d23.1%19.8%28.6%22.7%28.6%
HV 60d26.4%25.2%28.6%28.1%26.5%
IV Rank23.5%13.0%53.5%19.0%25.1%
IV Percentile55.2%6.3%96.0%46.4%76.2%
Term Structure-0.6%-9.5%5.9%1.9%3.7%
VWIV34.0%34.0%34.0%34.0%34.0%
Bid-Ask Spread %122.8187.10192.3094.8987.10
Gamma HHI0.380.270.620.400.30
Net GEX3.3K-80011.7K4.3K-800
Net DEX-142.1K-244.5K15.5K-158.4K15.5K
Net VEX-452-581-331-581-432
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.5501001
Total OI1198613013086

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2010-11-01$38.55$37.0026.8%7.7%22.7%19.0%0.0%0.0%1.9%4.3K-158.4K-5810.0094.89N/AN/A007258
2010-11-02$39.51$37.0020.3%5.8%19.9%13.0%0.0%0.0%5.9%2.3K-217.6K-4200.00111.11N/AN/A007258
2010-11-03$39.56$37.0022.1%6.3%19.8%14.7%0.0%0.0%1.9%2.4K-223.2K-4010.00113.76N/AN/A007258
2010-11-04$40.47$37.0025.0%7.2%21.1%17.3%0.0%0.0%-9.5%1.2K-244.5K-3310.00111.43N/AN/A007258
2010-11-05$39.81$37.0022.5%6.4%22.2%15.0%0.0%0.0%-5.3%1.6K-235.0K-3370.00112.28N/AN/A007258
2010-11-08$39.44$37.0032.7%9.4%22.6%24.3%0.0%0.0%-7.8%2.9K-198.1K-4770.00137.14N/AN/A007258
2010-11-09$38.98$37.0022.1%6.3%23.0%14.7%0.0%0.0%-0.4%3.7K-197.2K-4490.00105.88N/AN/A007258
2010-11-10$38.89$37.0026.8%7.7%21.8%18.9%0.0%0.0%3.1%3.7K-191.1K-4740.00125.00N/AN/A007258
2010-11-11$38.30$37.0026.3%7.6%22.3%18.5%0.0%0.0%0.9%5.5K-172.7K-4860.00135.59N/AN/A007258
2010-11-12$38.08$37.0026.4%7.6%22.3%18.6%0.0%0.0%3.7%6.3K-152.0K-5260.00142.31N/AN/A007258
2010-11-15$38.13$36.0036.1%11.3%22.2%27.4%0.0%0.0%0.0%6.1K-152.0K-5140.00161.93N/AN/A1007258
2010-11-16$37.13$36.0027.4%9.0%21.9%19.5%0.0%0.0%0.0%11.1K-91.5K-5390.0093.09N/AN/A007258
2010-11-17$37.37$36.0029.2%9.1%19.9%21.1%0.0%0.0%0.0%11.7K-115.1K-5190.0096.36N/AN/A007258
2010-11-18$38.44$36.0042.9%8.8%22.6%33.5%0.0%0.0%0.0%3.6K-192.5K-4100.00105.35N/AN/A007258
2010-11-19$38.62$36.0064.9%7.7%22.7%53.5%0.0%0.0%0.0%2.3K-203.6K-3870.00109.47N/AN/A007258
2010-11-22$37.85$36.0033.2%9.5%23.7%24.7%0.0%0.0%0.0%-390-65.1K-3950.00151.18N/AN/A003947
2010-11-23$36.28$36.0031.6%9.1%27.7%23.3%0.0%0.0%0.0%-636-23.3K-4550.0091.42N/AN/A003947
2010-11-24$36.47$36.0042.7%12.3%27.7%33.4%0.0%0.0%0.0%-680-12.0K-4450.00178.62N/AN/A003947
2010-11-26$35.76$36.0043.9%12.6%27.8%34.4%0.0%0.0%0.0%-505-12.2K-4600.00192.30N/AN/A003947
2010-11-29$34.91$36.0033.6%9.6%28.6%25.1%34.0%0.0%0.0%-80015.5K-4320.0087.10N/AN/A013947