FEZ Options History — November 2024

In November 2024, FEZ traded between $47.64 and $50.80. ATM implied volatility averaged 21.2%, placing in the 32.3% IV rank vs the trailing year. The 30-day expected move averaged 5.6%. IV traded above realized volatility by 2.9% (HV 20d: 18.3%). Max pain ranged from $51.00 to $51.50. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 19.63.

Notable Days

  • 2024-11-19: Highest Volume — 31,234 contracts
  • 2024-11-21: Largest IV spike — 59.6% change
  • 2024-11-25: Highest IV Rank — 63.3%
  • 2024-11-21: Largest Expected Move — 8.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$48.69$47.64$50.80$50.39$48.53
Max Pain$51.02$51.00$51.50$51.50$51.00
ATM IV21.2%16.1%29.8%21.6%22.4%
Expected Move5.6%2.8%8.4%6.9%7.8%
HV 20d18.3%14.8%20.1%14.8%19.0%
HV 60d17.7%16.5%18.2%16.5%18.0%
IV Rank32.3%13.8%63.3%33.7%36.6%
IV Percentile72.0%49.6%95.6%78.6%79.4%
Term Structure0.5%-8.5%12.1%2.7%12.1%
VWIV20.1%15.8%35.6%23.5%35.6%
Skew 25d1.6%-11.3%11.1%-4.1%-11.3%
Skew 10d4.6%-6.3%15.0%5.9%4.4%
Call IV 25d19.9%12.3%32.6%21.8%29.5%
Put IV 25d21.5%11.5%33.6%17.6%18.3%
Bid-Ask Spread %106.5282.63148.1598.84148.15
Gamma HHI0.350.310.410.310.37
Net GEX-46.8M-208.3M-27.2M-29.3M-52.3M
Net DEX444.3M232.6M1.10B270.8M375.0M
Net VEX-1.6M-6.0M-952.7K-1.7M-952.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio19.630.04285.551.2411.76
Total Volume3,233.413631,234392587
Total OI407,072.5244,1233,245,052245,618280,942

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-11-01$50.39$51.5021.6%6.9%14.8%33.7%23.5%-4.1%2.7%-29.3M270.8M-1.7M1.2498.84N/AN/A17521733,470212,148
2024-11-04$50.39$51.0020.6%5.9%14.8%29.9%18.7%3.6%1.2%-27.2M278.5M-1.7M1.2388.96N/AN/A30938033,531211,782
2024-11-05$50.80$51.0016.1%5.3%15.0%13.8%18.5%6.9%7.4%-28.0M232.6M-1.6M0.1589.91N/AN/A1201833,823212,100
2024-11-06$49.31$51.0019.4%5.2%18.1%25.7%15.8%2.1%0.4%-37.7M368.3M-1.6M2.6682.63N/AN/A22459633,751212,089
2024-11-07$50.22$51.0018.6%2.8%19.5%22.6%0.0%-2.1%1.0%-34.3M268.2M-1.5M56.68109.44N/AN/A281,58733,862212,296
2024-11-08$49.28$51.0021.9%4.8%20.1%34.8%19.8%11.1%-8.5%-37.6M376.9M-1.6M0.3691.75N/AN/A1214433,859213,278
2024-11-11$49.28$51.0017.1%4.9%19.9%17.4%18.9%-4.1%1.0%-37.9M381.1M-1.5M1.8787.21N/AN/A24645933,838212,416
2024-11-12$48.13$51.0018.3%5.1%19.4%21.6%18.4%0.6%-1.3%-38.6M473.3M-1.4M0.9789.77N/AN/A38437134,028212,873
2024-11-13$47.89$51.0020.0%4.9%19.4%28.0%21.3%-3.2%0.4%-40.0M503.6M-1.4M2.6986.66N/AN/A5721,53834,045212,879
2024-11-14$48.30$51.0021.1%5.0%19.7%31.9%19.2%5.1%-5.7%-38.4M455.2M-1.4M0.2499.87N/AN/A1,39033134,552213,403
2024-11-15$48.11$51.0016.2%5.1%18.9%14.3%17.0%-1.2%0.2%-38.1M480.3M-1.4M9.0999.12N/AN/A6660034,792213,633
2024-11-18$48.31$51.0016.4%4.9%18.8%14.8%16.7%5.3%-3.6%-40.2M438.9M-1.3M0.3588.04N/AN/A2829832,984211,139
2024-11-19$48.11$51.0017.9%5.2%18.8%20.3%17.3%5.1%5.7%-38.5M473.5M-1.3M285.5587.26N/AN/A10931,12533,178211,218
2024-11-20$47.77$51.0018.2%5.2%18.8%21.3%16.5%5.7%-0.0%-40.6M509.5M-1.4M0.9292.01N/AN/A26224033,274241,742
2024-11-21$47.70$51.0029.0%8.4%18.4%60.5%18.6%3.7%-1.8%-208.3M1.10B-6.0M3.95144.48N/AN/A8332833,2083,211,844
2024-11-22$47.66$51.0022.1%5.4%18.4%35.4%16.0%3.3%6.7%-42.1M522.6M-1.3M0.04122.53N/AN/A20,24081633,233241,850
2024-11-25$48.06$51.0029.8%7.9%18.1%63.3%17.5%1.9%-3.8%-38.6M388.7M-1.4M2.21145.45N/AN/A12427448,377242,002
2024-11-26$47.64$51.0029.3%5.4%18.2%61.2%33.6%0.7%-4.0%-39.5M501.7M-1.3M0.25133.49N/AN/A1503848,396242,275
2024-11-27$47.83$51.0028.8%6.9%18.2%59.5%18.5%2.0%-0.3%-48.3M488.1M-983.4K10.33144.76N/AN/A1212448,536234,804
2024-11-29$48.53$51.0022.4%7.8%19.0%36.6%35.6%-11.3%12.1%-52.3M375.0M-952.7K11.76148.15N/AN/A4654148,548232,394