FEZ Options History — May 2022

In May 2022, FEZ traded between $36.19 and $39.99. ATM implied volatility averaged 29.2%, placing in the 32.3% IV rank vs the trailing year. The 30-day expected move averaged 8.3%. IV traded above realized volatility by 1.5% (HV 20d: 27.8%). Max pain ranged from $39.00 to $43.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 0 of 21 days. Put/call ratio averaged 2.60.

Notable Days

  • 2022-05-04: Highest Volume — 238,604 contracts
  • 2022-05-18: Largest IV spike — 20.6% change
  • 2022-05-09: Highest IV Rank — 48.5%
  • 2022-05-09: Largest Expected Move — 10.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$37.94$36.19$39.99$37.93$39.88
Max Pain$40.67$39.00$43.00$43.00$40.00
ATM IV29.2%22.8%38.3%34.1%24.6%
Expected Move8.3%6.5%10.0%9.8%7.1%
HV 20d27.8%20.3%32.9%20.3%30.7%
HV 60d36.0%32.4%37.2%35.4%32.4%
IV Rank32.3%20.8%48.5%40.9%24.0%
IV Percentile81.0%64.3%96.0%92.9%68.3%
Term Structure-1.8%-2.8%-0.4%-2.2%-1.6%
VWIV33.2%26.8%40.8%40.8%32.0%
Skew 25d9.1%6.3%12.3%9.3%6.3%
Skew 10d17.6%11.4%22.6%17.3%16.1%
Call IV 25d25.1%20.2%30.6%30.6%21.8%
Put IV 25d34.2%27.1%41.1%39.9%28.2%
Bid-Ask Spread %72.9219.8087.9480.7186.25
Gamma HHI0.220.150.470.180.15
Net GEX-77.5M-124.2M-12.9M-83.2M-12.9M
Net DEX718.2M52.2M1.42B895.9M54.2M
Net VEX-1.6M-2.3M-824.2K-2.0M-824.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.600.5514.1014.102.93
Total Volume86,705.8119,061238,604108,45431,290
Total OI794,257.19304,5451,080,593852,560306,161

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-05-02$37.93$43.0034.1%9.8%20.3%40.9%40.8%9.3%-2.2%-83.2M895.9M-2.0M14.1080.71N/AN/A7,182101,272101,241751,319
2022-05-03$38.12$43.0032.0%9.2%20.3%37.1%35.0%9.0%-1.5%-90.6M873.2M-2.0M9.2239.11N/AN/A7,26166,948101,330811,255
2022-05-04$39.02$43.0027.6%7.9%21.4%29.2%31.1%7.8%-0.4%-84.2M627.6M-1.6M5.8075.22N/AN/A35,089203,515101,478815,772
2022-05-05$37.59$41.0032.5%8.9%24.2%38.1%36.4%11.3%-2.5%-101.1M1.06B-2.3M2.7975.50N/AN/A33,90394,54479,557874,116
2022-05-06$37.19$41.0032.2%8.9%24.3%37.6%34.7%11.4%-2.2%-108.4M1.15B-2.2M2.1177.37N/AN/A48,317101,94579,571860,919
2022-05-09$36.19$41.0038.3%10.0%25.6%48.5%40.2%12.3%-2.8%-111.9M1.42B-2.1M1.3978.44N/AN/A72,932101,05666,889864,762
2022-05-10$36.45$41.0033.9%9.4%26.0%40.5%35.8%10.1%-2.0%-111.3M1.32B-2.2M0.7076.49N/AN/A48,40033,95691,002905,464
2022-05-11$36.60$41.0030.6%8.8%26.1%34.6%34.7%10.2%-1.6%-112.6M1.28B-2.1M0.5536.65N/AN/A48,60126,97191,035910,413
2022-05-12$36.33$41.0033.0%9.5%25.3%39.0%34.3%10.9%-2.5%-110.1M1.29B-1.9M1.0476.46N/AN/A51,20753,49191,069914,303
2022-05-13$37.56$41.0026.9%7.7%28.7%28.1%33.6%10.6%-1.0%-115.7M976.0M-1.6M1.0668.86N/AN/A42,31544,86493,900951,025
2022-05-16$37.52$41.0025.6%7.4%28.7%25.8%30.0%8.6%-1.1%-106.7M908.1M-1.4M1.4178.88N/AN/A57,36880,67399,831937,049
2022-05-17$38.58$41.0026.0%7.4%30.6%26.4%28.5%8.6%-1.7%-81.2M433.1M-1.2M0.8580.84N/AN/A45,58938,607121,258914,575
2022-05-18$37.34$40.0031.3%9.0%31.7%36.0%36.2%9.8%-2.8%-95.8M844.6M-1.4M1.4519.80N/AN/A34,26949,608133,888908,023
2022-05-19$37.74$40.0028.5%8.2%32.0%31.0%37.2%8.2%-2.3%-100.2M697.6M-1.3M1.1282.43N/AN/A31,43035,256140,168940,425
2022-05-20$37.67$40.0027.6%7.9%31.8%29.4%28.5%8.9%-1.8%-124.2M660.1M-1.2M1.2386.06N/AN/A40,42949,858140,796939,137
2022-05-23$38.58$39.0026.5%7.6%32.9%27.4%29.6%8.0%-2.0%-16.0M151.5M-1.1M1.1684.17N/AN/A8,83910,22240,707263,838
2022-05-24$38.62$39.0027.0%7.7%30.5%28.2%31.5%8.2%-1.6%-17.0M155.0M-1.1M1.3971.94N/AN/A8,56111,88740,863277,072
2022-05-25$38.59$39.0026.7%7.6%30.5%27.6%31.5%7.5%-2.2%-15.9M143.3M-1.1M1.4284.71N/AN/A8,61412,26340,870265,505
2022-05-26$39.31$39.0026.5%7.6%30.6%27.4%28.2%7.5%-2.0%-14.7M94.9M-941.7K1.2687.94N/AN/A9,64512,16440,938265,733
2022-05-27$39.99$40.0022.8%6.5%30.8%20.8%26.8%6.9%-0.7%-13.7M52.2M-842.5K1.5583.59N/AN/A8,03412,44740,310265,834
2022-05-31$39.88$40.0024.6%7.1%30.7%24.0%32.0%6.3%-1.6%-12.9M54.2M-824.2K2.9386.25N/AN/A7,96823,32240,371265,790