FEZ Options History — May 2024

In May 2024, FEZ traded between $50.56 and $53.88. ATM implied volatility averaged 17.9%, placing in the 43.4% IV rank vs the trailing year. The 30-day expected move averaged 4.0%. IV traded above realized volatility by 4.5% (HV 20d: 13.4%). Max pain ranged from $49.00 to $52.00. Net GEX was positive for 11 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 7.00.

Notable Days

  • 2024-05-23: Highest Volume — 921 contracts
  • 2024-05-28: Largest IV spike — 42.9% change
  • 2024-05-01: Highest IV Rank — 100.0%
  • 2024-05-31: Largest Expected Move — 5.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$52.65$50.56$53.88$50.56$52.83
Max Pain$50.50$49.00$52.00$50.00$50.00
ATM IV17.9%12.3%25.1%23.6%17.3%
Expected Move4.0%3.5%5.4%4.8%5.4%
HV 20d13.4%11.5%15.6%15.3%11.6%
HV 60d13.5%13.0%14.2%13.9%13.4%
IV Rank43.4%0.0%100.0%100.0%39.3%
IV Percentile60.8%0.0%100.0%100.0%68.7%
Term Structure-0.5%-11.6%12.3%1.8%12.3%
VWIV15.2%9.9%30.4%17.1%19.2%
Skew 25d3.3%-7.5%19.5%2.9%14.1%
Skew 10d3.5%-11.0%16.8%-2.2%-7.6%
Call IV 25d18.5%10.9%26.9%23.2%14.3%
Put IV 25d21.8%13.3%32.3%26.1%28.4%
Bid-Ask Spread %121.93110.77136.97120.79132.57
Gamma HHI0.270.120.530.270.12
Net GEX554.8K-658.9K2.4M-319.4K-214.2K
Net DEX-19.9M-38.0M-5.6M-10.1M-11.5M
Net VEX-98.7K-160.4K-58.1K-120.5K-62.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio7.000.0464.790.192.26
Total Volume294.1366921482723
Total OI29,650.81821,21035,77235,51821,452

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-05-01$50.56$50.0023.6%4.8%15.3%100.0%17.1%2.9%1.8%-319.4K-10.1M-120.5K0.19120.79N/AN/A405779,46426,054
2024-05-02$50.72$50.0025.1%4.6%15.0%100.0%19.4%0.7%-11.6%-22.3K-13.4M-106.1K0.04119.74N/AN/A4529,59626,040
2024-05-03$51.23$50.0017.4%3.9%15.5%38.5%10.2%16.8%-7.2%691.2K-15.1M-137.8K1.19136.97N/AN/A3674389,57426,038
2024-05-06$51.69$50.0024.2%4.1%15.6%92.6%16.2%2.5%-5.6%1.4M-19.1M-160.4K0.11115.42N/AN/A145169,66625,976
2024-05-07$52.09$50.0016.4%4.0%15.6%31.4%14.3%4.9%-0.6%2.4M-29.9M-81.3K0.59116.48N/AN/A4522659,79925,973
2024-05-08$52.36$50.0017.7%3.9%15.1%41.4%13.4%-0.7%-2.3%2.4M-29.9M-81.7K0.18120.29N/AN/A192349,43625,799
2024-05-09$52.83$52.0018.5%3.8%15.4%47.4%13.7%-7.1%1.2%2.1M-31.6M-109.0K0.22110.77N/AN/A67159,47425,833
2024-05-10$53.06$52.0016.6%3.9%13.1%32.8%12.7%-4.0%-8.2%1.9M-35.0M-94.4K7.11114.50N/AN/A765409,44525,842
2024-05-13$53.09$52.0016.5%4.0%13.0%31.5%9.9%5.1%-2.6%1.5M-33.1M-93.6K0.09117.45N/AN/A5459,29825,869
2024-05-14$53.44$52.0022.7%4.0%13.0%80.8%14.8%1.0%-4.5%1.1M-33.6M-116.1K0.77116.44N/AN/A13109,31425,873
2024-05-15$53.88$52.0015.4%3.6%13.1%22.9%18.2%-7.5%-1.6%219.8K-38.0M-90.2K4.50118.06N/AN/A16729,31025,875
2024-05-16$53.36$52.0016.3%3.8%13.8%30.1%0.0%-5.4%-6.4%639.6K-27.7M-122.5K7.00120.06N/AN/A3219,31225,953
2024-05-17$53.52$52.0015.2%4.2%13.6%21.6%30.4%8.6%0.4%917.9K-33.2M-81.0K2.20131.92N/AN/A2786119,28225,953
2024-05-20$53.47$49.0012.3%3.6%13.2%0.0%12.8%-3.6%8.7%-182.5K-10.2M-99.4K41.33124.84N/AN/A31244,40216,808
2024-05-21$53.38$49.0012.5%3.6%11.7%1.6%13.2%1.2%2.0%-239.2K-10.3M-93.1K0.27120.32N/AN/A1134,40416,929
2024-05-22$52.84$49.0012.9%3.7%12.2%5.0%15.7%4.6%-0.2%-538.8K-11.6M-58.1K4.46124.13N/AN/A261164,40816,932
2024-05-23$52.66$50.0014.4%3.7%12.0%16.2%0.0%2.7%1.2%-262.7K-8.0M-95.1K64.79128.09N/AN/A149074,42616,947
2024-05-24$53.19$50.0015.9%3.5%11.9%28.4%18.0%3.6%7.5%-139.6K-10.4M-87.8K2.89118.43N/AN/A28814,42517,017
2024-05-28$53.16$50.0022.8%5.4%11.8%81.4%11.5%2.1%3.0%-130.8K-11.5M-72.5K0.14127.76N/AN/A2234,41316,914
2024-05-29$52.33$50.0017.0%3.9%11.5%36.7%12.1%19.5%0.6%-658.9K-5.6M-122.2K6.71125.85N/AN/A241614,43416,923
2024-05-30$52.61$50.0022.1%3.8%11.5%76.1%11.1%9.5%1.3%-326.0K-9.4M-85.6K0.00121.67N/AN/A064,45816,978
2024-05-31$52.83$50.0017.3%5.4%11.6%39.3%19.2%14.1%12.3%-214.2K-11.5M-62.6K2.26132.57N/AN/A2225014,46616,986