FEZ Options History — February 2021

In February 2021, FEZ traded between $41.34 and $43.76. ATM implied volatility averaged 18.9%, placing in the 9.3% IV rank vs the trailing year. The 30-day expected move averaged 5.5%. IV traded above realized volatility by 0.0% (HV 20d: 18.9%). Max pain ranged from $41.00 to $44.00. Net GEX was positive for 1 of 19 trading days. Term structure was in contango for 14 of 19 days. Put/call ratio averaged 3.77.

Notable Days

  • 2021-02-11: Highest Volume — 7,053 contracts
  • 2021-02-25: Largest IV spike — 21.8% change
  • 2021-02-01: Highest IV Rank — 17.2%
  • 2021-02-01: Largest Expected Move — 6.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$42.89$41.34$43.76$41.34$42.70
Max Pain$42.26$41.00$44.00$41.00$42.00
ATM IV18.9%16.7%23.2%23.2%21.6%
Expected Move5.5%4.8%6.5%6.5%6.3%
HV 20d18.9%15.1%20.3%20.2%15.1%
HV 60d16.9%15.9%19.9%19.8%16.3%
IV Rank9.3%0.8%17.2%17.2%7.4%
IV Percentile10.9%0.8%38.9%38.9%27.8%
Term Structure0.4%-0.7%2.0%-0.2%-0.0%
VWIV21.8%16.2%36.2%22.2%23.7%
Skew 25d7.5%6.2%10.7%10.7%7.2%
Skew 10d18.9%12.9%23.7%23.7%20.7%
Call IV 25d16.0%14.2%19.5%19.5%18.3%
Put IV 25d23.6%20.7%30.2%30.2%25.5%
Bid-Ask Spread %35.0416.7277.9639.6577.96
Gamma HHI0.110.070.200.200.08
Net GEX-1.3M-2.8M106.6K-2.6M-1.3M
Net DEX5.3M-6.1M24.6M24.6M4.5M
Net VEX-513.6K-558.5K-485.3K-524.1K-492.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.770.0318.618.440.03
Total Volume1,511.2631117,0531513,951
Total OI69,143.42160,56375,17365,10861,076

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-02-01$41.34$41.0023.2%6.5%20.2%17.2%22.2%10.7%-0.2%-2.6M24.6M-524.1K8.4439.65N/AN/A1613519,85845,250
2021-02-02$41.86$41.0020.7%5.8%20.3%13.8%19.3%8.5%0.3%-2.8M22.9M-558.5K0.0419.27N/AN/A3511419,86552,297
2021-02-03$42.08$41.0020.2%5.5%20.3%13.2%19.1%8.5%0.4%-2.5M18.3M-540.0K18.6119.99N/AN/A791,47020,18352,296
2021-02-04$42.17$44.0019.1%5.8%19.6%11.6%21.7%8.1%0.8%-2.8M18.4M-543.7K1.5724.88N/AN/A7611920,18453,369
2021-02-05$42.59$44.0017.8%5.1%20.0%9.8%19.6%7.3%0.5%-2.0M12.3M-531.6K0.1920.73N/AN/A59911320,25553,452
2021-02-08$42.81$44.0017.6%5.2%20.0%9.5%19.3%6.4%0.5%-1.7M7.7M-523.2K4.5740.19N/AN/A1,0965,00620,61853,294
2021-02-09$43.00$44.0017.6%5.2%19.5%9.6%22.9%7.1%0.5%-1.6M6.3M-515.7K1.2231.34N/AN/A35443120,78953,493
2021-02-10$42.72$42.0019.4%5.4%19.7%12.0%36.2%6.9%-0.5%-1.7M8.0M-530.2K0.1141.40N/AN/A1,92622021,09653,610
2021-02-11$43.09$42.0017.9%5.3%19.9%10.0%20.9%7.2%0.9%-1.4M990.7K-500.5K5.7944.15N/AN/A1,0396,01421,31253,818
2021-02-12$43.34$42.0016.7%5.1%19.9%8.3%16.2%6.5%2.0%-552.8K-2.3M-506.1K4.0946.88N/AN/A7831921,34953,824
2021-02-16$43.65$42.0017.2%4.9%18.5%9.1%21.2%6.2%1.2%106.6K-6.1M-485.3K0.4842.18N/AN/A82139615,54153,511
2021-02-17$43.26$42.0018.6%5.3%18.8%11.0%21.1%7.5%-0.7%-520.0K-2.5M-506.1K12.4423.14N/AN/A2531116,15653,882
2021-02-18$43.19$42.0018.3%5.2%18.7%10.6%29.2%7.5%0.4%-668.4K-2.3M-503.3K5.3016.72N/AN/A10555716,16454,068
2021-02-19$43.45$42.0018.4%5.3%18.8%7.4%21.4%6.7%-0.3%-430.3K-4.6M-500.1K1.2141.31N/AN/A1,0421,25616,19353,814
2021-02-22$43.45$42.0018.7%5.3%18.7%7.0%16.7%7.6%0.2%-615.0K-1.8M-503.1K0.5019.45N/AN/A1708514,07546,488
2021-02-23$43.48$42.0018.3%5.2%17.9%2.3%22.3%7.7%0.3%-615.3K-997.4K-503.1K5.9433.39N/AN/A169514,24246,498
2021-02-24$43.76$42.0017.2%4.8%17.6%0.8%19.1%7.7%0.0%-573.6K-4.8M-491.7K0.0423.17N/AN/A214914,24346,585
2021-02-25$42.99$42.0021.0%6.2%15.5%6.4%23.7%8.0%0.7%-858.6K2.4M-499.9K1.1760.02N/AN/A9511114,38946,588
2021-02-26$42.70$42.0021.6%6.3%15.1%7.4%0.0%7.2%-0.0%-1.3M4.5M-492.7K0.0377.96N/AN/A3,8549714,39846,678