FEZ Options History — September 2022

In September 2022, FEZ traded between $30.45 and $35.47. ATM implied volatility averaged 31.9%, placing in the 35.7% IV rank vs the trailing year. The 30-day expected move averaged 9.2%. IV traded below realized volatility by 2.7% (HV 20d: 34.6%). Max pain ranged from $35.00 to $37.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 33.85.

Notable Days

  • 2022-09-13: Highest Volume — 141,896 contracts
  • 2022-09-14: Largest IV drop — 20.5% change
  • 2022-09-27: Highest IV Rank — 47.3%
  • 2022-09-27: Largest Expected Move — 11.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$32.97$30.45$35.47$33.24$30.80
Max Pain$35.33$35.00$37.00$37.00$35.00
ATM IV31.9%25.3%38.3%32.1%35.7%
Expected Move9.2%7.4%11.3%9.2%10.3%
HV 20d34.6%30.9%39.8%30.9%37.0%
HV 60d30.2%27.7%31.8%29.6%31.7%
IV Rank35.7%23.6%47.3%36.0%42.5%
IV Percentile79.9%44.8%95.2%85.7%91.3%
Term Structure-0.3%-1.4%1.1%-0.8%-0.5%
VWIV32.6%27.8%38.5%28.7%30.5%
Skew 25d8.3%4.0%10.2%9.3%8.8%
Skew 10d17.0%9.8%28.2%16.2%17.8%
Call IV 25d28.3%23.4%33.4%26.9%32.0%
Put IV 25d36.6%29.2%43.6%36.2%40.8%
Bid-Ask Spread %70.9128.1278.0177.4777.04
Gamma HHI0.190.140.370.190.16
Net GEX-43.7M-79.2M-18.9M-68.8M-20.5M
Net DEX504.0M264.3M880.4M781.8M462.9M
Net VEX-1.6M-2.3M-1.2M-2.2M-1.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio33.850.34445.4538.151.34
Total Volume30,252.7143,801141,89657,63211,244
Total OI519,984.619290,245738,313680,289377,460

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-09-01$33.24$37.0032.1%9.2%30.9%36.0%28.7%9.3%-0.8%-68.8M781.8M-2.2M38.1577.47N/AN/A1,47256,16027,942652,347
2022-09-02$32.92$37.0031.2%8.9%30.9%34.3%28.8%8.6%0.5%-73.1M880.4M-2.3M6.2478.01N/AN/A7664,78129,029689,753
2022-09-06$33.12$37.0031.4%9.0%31.1%34.7%33.9%9.0%0.5%-75.2M840.3M-2.1M1.9271.92N/AN/A3,8527,37829,427692,073
2022-09-07$33.80$36.0029.5%8.2%32.3%31.3%33.4%9.6%-0.6%-75.2M711.8M-2.0M1.9875.01N/AN/A2,8595,67329,996693,079
2022-09-08$33.56$35.0029.4%8.0%30.9%31.1%30.7%8.9%-0.6%-79.2M748.8M-1.9M12.1275.22N/AN/A1,30815,85730,686693,138
2022-09-09$34.57$35.0027.0%7.4%33.2%26.6%33.5%8.2%0.1%-71.8M515.5M-1.8M1.0977.39N/AN/A7,1327,78431,924695,833
2022-09-12$35.47$35.0027.8%8.2%34.5%28.1%27.8%7.8%1.1%-56.2M336.0M-1.6M2.6074.33N/AN/A3,0547,94636,703699,817
2022-09-13$34.07$35.0031.8%8.9%37.0%35.5%33.6%8.9%-0.8%-75.7M607.7M-1.7M19.7877.24N/AN/A6,829135,06738,248700,065
2022-09-14$35.39$35.0025.3%7.7%39.8%23.6%32.6%4.0%-0.0%-41.6M264.3M-1.2M1.8970.95N/AN/A1,3342,52440,456589,411
2022-09-15$35.00$35.0026.5%7.6%35.8%25.8%31.7%4.4%-0.0%-45.2M353.2M-1.3M23.7470.09N/AN/A2,11050,09539,643588,519
2022-09-16$33.73$35.0031.2%8.7%35.6%34.3%36.3%9.2%-1.4%-48.6M490.3M-1.5M11.8576.90N/AN/A3,51941,70241,672604,355
2022-09-19$33.75$35.0031.9%9.1%35.1%35.6%28.6%9.7%-0.7%-18.9M278.3M-1.4M1.1969.61N/AN/A4,5515,39325,945264,300
2022-09-20$33.11$35.0032.6%9.3%34.0%37.0%32.6%8.9%-0.2%-19.7M321.8M-1.5M445.4569.29N/AN/A9341,42730,472268,461
2022-09-21$32.62$35.0033.4%9.6%34.2%38.5%34.2%6.7%-0.4%-21.3M347.6M-1.5M14.2071.66N/AN/A2503,55130,537279,381
2022-09-22$32.57$35.0032.1%9.2%34.1%36.0%31.8%6.7%0.5%-22.7M364.6M-1.5M4.5071.47N/AN/A1,1685,25730,671280,261
2022-09-23$31.21$35.0035.4%10.2%36.4%42.1%30.9%8.0%-0.3%-21.0M443.7M-1.4M111.5856.41N/AN/A67675,42630,826280,306
2022-09-26$30.82$35.0037.5%10.9%34.9%45.8%38.5%9.6%0.3%-20.4M464.7M-1.3M3.5273.81N/AN/A5,30018,68230,734290,226
2022-09-27$30.45$35.0038.3%11.3%34.9%47.3%38.2%10.2%-1.2%-20.1M485.2M-1.3M5.0473.35N/AN/A3,27916,54134,033292,142
2022-09-28$31.39$35.0034.8%10.0%37.2%40.9%32.8%8.6%-1.0%-21.8M429.7M-1.4M0.3473.69N/AN/A44,03815,10634,811291,181
2022-09-29$30.87$35.0035.9%10.5%37.4%43.0%36.1%9.6%0.0%-19.8M455.6M-1.5M2.3528.12N/AN/A4,2149,90978,652295,162
2022-09-30$30.80$35.0035.7%10.3%37.0%42.5%30.5%8.8%-0.5%-20.5M462.9M-1.4M1.3477.04N/AN/A4,7996,44578,586298,874