State Street SPDR EURO STOXX 50 ETF (FEZ) Options Chain

The options chain displays all available contracts with end-of-day quotes, Greeks, volume, and open interest for each strike and expiration, and streams live quotes for traders who connect a broker. It is the primary tool for options trade selection.

State Street SPDR EURO STOXX 50 ETF (FEZ) operates in the Financial Services sector, specifically the Asset Management - Global industry, with a market capitalization near $4.13B, listed on AMEX, carrying a beta of 0.95 to the broader market. The State Street SPDR EURO STOXX 50 ETF (FEZ) aims to replicate the total return performance of the EURO STOXX 50 Index, before accounting for its own fees and expenses. public since 2002-10-21.

Snapshot as of Oct 14, 2026.

Spot Price
$65.36
Total OI
148.2K
Total Volume
11.6K
Front Expiration
30 days
Second Expiration
37 days
ATM IV
20.1%
Avg Bid/Ask Spread
26.19%

As of Oct 14, 2026, State Street SPDR EURO STOXX 50 ETF (FEZ) has 148.2K open contracts and 11.6K contracts traded. The nearest expiration is 30 days out, followed by 37 days. ATM implied volatility is 20.1%. Average bid/ask spread across the chain is 26.19%: wider spreads, size positions conservatively. The options chain aggregates every listed strike and expiration, letting traders evaluate skew, term structure, and liquidity in a single view.

How FEZ options chain Data Feeds Strategy Selection

Strategy selection on State Street SPDR EURO STOXX 50 ETF options does not derive from any single metric in isolation. The options chain view above sits inside a broader read: ATM IV currently sits at 20.1% and dealer gamma exposure is negative, so dealer hedging amplifies directional moves. Combine the options chain data here with the volatility-skew surface, dealer-gamma exposure, max-pain level, and upcoming-events calendar to build a positioning thesis. Risk-defined structures (credit spreads, debit spreads, iron condors) are usually safer than naked positions while the regime is uncertain; the data on this page anchors the inputs but does not by itself constitute a trade thesis.

How to read the FEZ chain depth

The listed-expirations table below shows every expiration available for State Street SPDR EURO STOXX 50 ETF options with its days-to-expiration count and ATM implied volatility. Front-month expirations carry the most volume, the highest gamma, and the tightest bid-ask spreads; longer-dated tenors carry less liquidity but more vega exposure. FEZ front expiration sits at 30 days - the typical hedging horizon for monthly options. The backwardated slope of -0.006 means near-dated IV is pricing acute event risk.

FEZ chain mechanics and execution

Options are listed at standardized strike intervals (typically $1 for sub-$25 underlyings, $2.50-$5 for mid-cap, $10-$50 for large-cap), and the deltas of each listed strike are determined by where IV lies relative to the strike's moneyness. Average bid/ask spread on the FEZ chain is 26.19% - a measure of liquidity. Tighter spreads on liquid strikes mean lower transaction costs; wider spreads on long-dated or far-OTM strikes mean execution drag can dominate the math. The chain table on the SPA side shows the full per-strike, per-expiration grid; this SSR page summarizes the listed expirations and the front-month context to anchor the structural read.

Using the FEZ chain to build structures

Strategy selection starts with the chain: directional theses use single-leg calls or puts, range-bound theses use credit spreads or iron condors, vol theses use straddles or strangles, calendar theses use diagonal spreads. FEZ's current 5.76% expected move anchors wing placement - structures with wings at the implied band collect the modal-outcome premium under lognormal assumptions. Cross-reference with the gamma-exposure profile to understand where dealer hedging will reinforce or fight your position, and with the volatility-skew chart to confirm the strikes you're trading sit at the IV levels your strategy assumes.

Learn how the options chain is reported and how to read the data →

FEZ listed expirations

Per-expiration ATM implied volatility for FEZ options. Each row is one listed expiration with its days-to-expiration count and ATM IV pulled from the same term-structure feed that powers the SPA's expiration filter. Front-month expirations carry the highest gamma, the tightest bid-ask spreads, and the most volume; longer-dated tenors carry less liquidity but more vega.

ExpirationDTEATM IV
Oct 16, 2026219.0%
Oct 23, 2026920.0%
Oct 30, 20261626.5%
Nov 6, 20262315.1%
Nov 13, 20263020.1%
Nov 20, 20263719.5%
Nov 27, 20264417.0%
Jan 15, 20279319.5%
Feb 19, 202712819.8%
May 21, 202721921.0%
Jan 21, 202846421.4%
Jan 19, 202982821.4%

Frequently asked FEZ options chain questions

What does the FEZ options chain show right now?
As of Oct 14, 2026, State Street SPDR EURO STOXX 50 ETF (FEZ) has 148.2K contracts outstanding and 11.6K traded today, with ATM IV of 20.1%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.
What expirations are available for FEZ options?
The nearest expiration is 30 days out, followed by 37 days. Listed expirations typically extend monthly with weeklies between, plus LEAPS one to two years out for liquid names.
How tight are FEZ options bid/ask spreads?
Average bid/ask spread across the chain is 26.19%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.