FEZ Options History — August 2024

In August 2024, FEZ traded between $47.70 and $52.48. ATM implied volatility averaged 24.7%, placing in the 46.3% IV rank vs the trailing year. The 30-day expected move averaged 5.2%. IV traded above realized volatility by 5.6% (HV 20d: 19.0%). Max pain ranged from $48.00 to $52.00. Net GEX was positive for 10 of 22 trading days. Term structure was in contango for 14 of 22 days. Put/call ratio averaged 21.47.

Notable Days

  • 2024-08-05: Highest Volume — 1,963 contracts
  • 2024-08-12: Largest IV spike — 81.4% change
  • 2024-08-02: Highest IV Rank — 100.0%
  • 2024-08-07: Largest Expected Move — 8.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$50.43$47.70$52.48$48.88$52.44
Max Pain$50.11$48.00$52.00$51.50$52.00
ATM IV24.7%14.6%40.0%25.4%19.6%
Expected Move5.2%3.9%8.4%5.4%4.0%
HV 20d19.0%13.5%20.6%20.3%13.5%
HV 60d18.3%17.6%18.7%17.6%18.4%
IV Rank46.3%8.5%100.0%65.3%26.3%
IV Percentile79.5%29.0%100.0%95.2%73.0%
Term Structure1.2%-20.5%16.2%-4.5%2.9%
VWIV18.3%13.2%33.1%18.4%13.2%
Skew 25d4.8%-8.1%19.1%12.2%6.7%
Skew 10d8.9%-6.0%33.9%8.9%9.9%
Call IV 25d27.4%12.5%47.7%31.7%15.9%
Put IV 25d32.2%16.4%61.5%43.8%22.6%
Bid-Ask Spread %104.3784.70131.50111.8792.08
Gamma HHI0.250.180.320.180.28
Net GEX-562.3K-1.9M1.2M-1.9M392.1K
Net DEX3.9M-12.9M22.5M17.9M-11.0M
Net VEX-319.1K-345.3K-281.6K-325.5K-311.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio21.470.07247.6022.6635.38
Total Volume594.273841,9631,656582
Total OI45,721.31843,22947,63243,22946,250

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-08-01$48.88$51.5025.4%5.4%20.3%65.3%18.4%12.2%-4.5%-1.9M17.9M-325.5K22.66111.87N/AN/A701,58613,97129,258
2024-08-02$48.42$51.0035.1%6.9%20.0%100.0%33.1%6.7%2.0%-1.6M22.5M-324.2K247.60110.17N/AN/A51,23814,03030,551
2024-08-05$47.70$51.0040.0%8.3%20.4%100.0%26.3%13.9%-4.5%-1.0M21.1M-345.3K58.48121.33N/AN/A331,93013,88530,083
2024-08-06$47.84$51.0037.8%6.9%20.2%92.0%29.6%19.1%-2.4%-1.8M20.4M-327.7K35.15118.37N/AN/A1345713,89131,361
2024-08-07$48.11$48.0030.8%8.4%19.4%66.7%20.1%9.5%2.2%-1.4M21.9M-334.4K0.07125.02N/AN/A1471113,88831,463
2024-08-08$48.78$48.0026.9%7.4%20.2%52.5%0.0%5.9%12.0%-1.5M19.1M-325.7K2.13131.30N/AN/A6714313,98931,441
2024-08-09$48.84$48.0020.3%7.3%19.1%29.1%17.4%12.0%13.2%-1.5M15.7M-334.2K4.42131.50N/AN/A12555314,05831,565
2024-08-12$48.66$48.0036.9%5.1%18.7%88.8%21.4%5.6%-20.5%-1.6M17.9M-318.1K3.94101.18N/AN/A3241,27814,17631,142
2024-08-13$49.41$48.0021.0%5.0%19.8%31.4%20.7%4.9%-6.2%-1.4M11.5M-332.7K22.62104.15N/AN/A1329414,52132,254
2024-08-14$49.75$48.0030.1%4.7%19.7%64.1%19.7%3.7%-14.0%-1.2M9.9M-322.1K0.31108.05N/AN/A2979214,51532,499
2024-08-15$50.63$48.0024.3%3.9%20.6%43.4%14.2%-8.1%-10.7%-483.2K-1.3M-314.4K7.6099.02N/AN/A6247114,67232,484
2024-08-16$50.98$49.0014.8%3.9%20.3%9.3%13.6%-7.5%0.8%1.2M-2.5M-323.6K3.6097.84N/AN/A2971,06914,71832,914
2024-08-19$51.64$50.0016.1%3.9%19.5%13.6%13.3%3.8%13.2%-44.3K-6.4M-283.4K0.4899.63N/AN/A1627713,60431,578
2024-08-20$51.66$51.0016.8%4.3%19.4%16.2%14.7%4.1%14.8%2.1K-6.6M-302.5K1.7789.42N/AN/A11820913,74231,679
2024-08-21$52.11$51.0014.6%4.2%18.7%8.5%14.9%4.1%7.0%140.4K-10.1M-281.6K0.7396.51N/AN/A866313,86131,866
2024-08-22$51.69$51.0017.4%4.4%19.0%18.4%14.4%3.7%8.3%23.1K-7.5M-312.2K1.00101.29N/AN/A525213,89331,916
2024-08-23$52.47$51.5020.4%4.0%19.3%29.3%14.3%1.7%16.2%309.1K-12.9M-312.3K15.28106.43N/AN/A3959613,93731,952
2024-08-26$52.28$51.5023.1%4.2%18.9%39.2%0.0%9.4%0.8%145.4K-6.9M-341.5K2.5087.52N/AN/A246013,96631,988
2024-08-27$52.48$51.5021.7%4.2%18.8%34.1%15.3%-8.1%0.4%355.3K-11.5M-306.5K0.8684.70N/AN/A494213,99032,053
2024-08-28$52.27$51.5031.4%4.2%18.8%68.8%14.8%0.6%-9.6%278.2K-4.2M-336.4K0.5092.59N/AN/A623114,01832,083
2024-08-29$52.41$52.0018.6%4.2%14.3%22.6%16.2%1.7%5.1%262.2K-10.8M-305.6K5.2986.11N/AN/A3116414,04932,115
2024-08-30$52.44$52.0019.6%4.0%13.5%26.3%13.2%6.7%2.9%392.1K-11.0M-311.0K35.3892.08N/AN/A1656614,05832,192