FEZ Options History — January 2011

Name: FEZ Options Analytics - January 2011
Creator: Options Analysis Suite

In January 2011, FEZ traded between $35.28 and $39.73. ATM implied volatility averaged 104.4%, placing in the 79.2% IV rank vs the trailing year. The 30-day expected move averaged 29.9%. IV traded above realized volatility by 83.2% (HV 20d: 21.3%). Max pain ranged from $35.00 to $36.00. Net GEX was positive for 0 of 14 trading days. Put/call ratio averaged 0.00.

Notable Days

2011-01-14: Highest Volume — 3 contracts
2011-01-21: Largest IV drop — 100.0% change
2011-01-18: Highest IV Rank — 100.0%
2011-01-20: Largest Expected Move — 51.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$37.36	$35.28	$39.73	$37.16	$39.73
Max Pain	$35.29	$35.00	$36.00	$35.00	$36.00
ATM IV	104.4%	73.6%	180.0%	73.6%	180.0%
Expected Move	29.9%	21.1%	51.6%	21.1%	51.6%
HV 20d	21.3%	16.4%	24.3%	21.8%	23.8%
HV 60d	24.4%	23.0%	25.4%	24.4%	25.4%
IV Rank	79.2%	61.3%	100.0%	61.3%	100.0%
IV Percentile	98.6%	97.2%	100.0%	97.2%	100.0%
VWIV	79.2%	66.2%	91.8%	66.2%	79.6%
Bid-Ask Spread %	178.77	148.46	200.00	182.57	148.46
Gamma HHI	0.37	0.27	1.00	0.34	1.00
Net GEX	-856	-3.9K	-1	-315	-1
Net DEX	-38.7K	-92.4K	7.9K	-53.9K	-27.8K
Net VEX	-194	-303	0	-303	0
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.00	0.00	0.00	0.00	0.00
Total Volume	0.357	0	3	0	0
Total OI	92.786	62	103	102	62

Daily Data (14 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	Spread %	Call Wall	Put Wall	Call Vol	Call OI	Put OI
2011-01-03	$37.16	$35.00	73.6%	21.1%	21.8%	61.3%	0.0%	0.0%	0.0%	-315	-53.9K	-303	182.57	N/A	N/A	0	47	55
2011-01-04	$37.10	$35.00	75.7%	21.7%	20.4%	63.2%	0.0%	0.0%	0.0%	-322	-52.5K	-294	184.20	N/A	N/A	0	47	55
2011-01-05	$36.75	$35.00	78.4%	22.5%	18.6%	65.7%	0.0%	0.0%	0.0%	-347	-47.1K	-285	188.49	N/A	N/A	0	47	55
2011-01-06	$36.16	$35.00	81.6%	23.4%	19.0%	68.6%	66.2%	0.0%	0.0%	-431	-31.6K	-287	194.09	N/A	N/A	1	47	55
2011-01-07	$35.55	$35.00	84.9%	24.3%	17.2%	71.6%	0.0%	0.0%	0.0%	-453	-18.8K	-284	197.17	N/A	N/A	0	48	55
2011-01-10	$35.28	$35.00	96.8%	27.7%	16.6%	82.3%	0.0%	0.0%	0.0%	-478	-12.2K	-255	200.00	N/A	N/A	0	48	55
2011-01-11	$35.55	$35.00	99.2%	28.4%	16.4%	84.5%	0.0%	0.0%	0.0%	-454	-18.5K	-243	199.00	N/A	N/A	0	48	55
2011-01-12	$37.11	$35.00	92.0%	26.4%	22.6%	78.1%	91.8%	0.0%	0.0%	-264	-60.7K	-216	184.20	N/A	N/A	1	48	55
2011-01-13	$38.03	$35.00	94.6%	27.1%	24.1%	80.4%	0.0%	0.0%	0.0%	-187	-80.5K	-193	173.64	N/A	N/A	0	47	55
2011-01-14	$38.52	$35.00	98.7%	28.3%	24.3%	84.1%	79.6%	0.0%	0.0%	-110	-92.4K	-172	165.50	N/A	N/A	3	47	55
2011-01-18	$38.70	$36.00	158.6%	45.5%	24.3%	100.0%	0.0%	0.0%	0.0%	-1.1K	-56.9K	-104	162.15	N/A	N/A	0	34	55
2011-01-19	$38.50	$36.00	143.8%	41.2%	24.1%	89.7%	0.0%	0.0%	0.0%	-3.9K	7.9K	-48	165.35	N/A	N/A	0	7	55
2011-01-20	$38.93	$36.00	180.0%	51.6%	24.3%	100.0%	0.0%	0.0%	0.0%	-3.6K	3.7K	-36	157.97	N/A	N/A	0	7	55
2011-01-21	$39.73	$36.00	0.0%	0.0%	23.8%	0.0%	0.0%	0.0%	0.0%	-1	-27.8K	0	148.46	N/A	N/A	0	7	55