FENI Options History — February 2026

In February 2026, FENI traded between $38.64 and $40.86. ATM implied volatility averaged 32.4%, placing in the 21.1% IV rank vs the trailing year. The 30-day expected move averaged 8.8%. IV traded above realized volatility by 18.2% (HV 20d: 14.3%). Max pain ranged from $38.00 to $38.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 3 of 19 days. Put/call ratio averaged 0.02.

Notable Days

  • 2026-02-12: Highest Volume — 12 contracts
  • 2026-02-17: Largest IV spike — 113.2% change
  • 2026-02-23: Highest IV Rank — 24.6%
  • 2026-02-17: Largest Expected Move — 11.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$39.99$38.64$40.86$38.99$40.72
Max Pain$38.00$38.00$38.00$38.00$38.00
ATM IV32.4%19.3%41.4%33.7%32.9%
Expected Move8.8%5.5%11.8%9.7%9.4%
HV 20d14.3%11.6%16.0%12.1%13.7%
HV 60d12.0%11.5%12.9%11.6%11.5%
IV Rank21.1%9.5%24.6%9.5%24.6%
IV Percentile38.3%3.2%49.6%3.2%49.6%
Term Structure-4.8%-13.5%10.6%-6.1%-8.7%
VWIV26.9%23.9%30.0%30.0%23.9%
Skew 25d2.4%0.8%7.0%1.4%0.9%
Skew 10d8.7%2.1%18.3%2.7%7.2%
Call IV 25d36.3%28.2%45.2%42.5%39.0%
Put IV 25d38.7%32.5%51.1%43.9%40.0%
Bid-Ask Spread %157.26143.85168.45147.11156.63
Gamma HHI0.470.370.790.520.56
Net GEX4.3K2.6K6.6K3.5K2.9K
Net DEX-100.7K-141.3K-70.5K-71.1K-89.1K
Net VEX-227-288-121-121-248
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.020.000.200.000.00
Total Volume2.21101210
Total OI42.57932513238

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-02-02$38.99$38.0033.7%9.7%12.1%0.0%0.0%1.4%-6.1%3.5K-71.1K-1210.00147.11N/AN/A10284
2026-02-03$39.08$38.0034.6%9.9%11.6%0.0%0.0%0.8%-6.8%3.7K-74.0K-1270.00145.61N/AN/A00294
2026-02-04$39.21$38.0035.5%10.2%11.6%0.0%0.0%1.0%-7.7%3.8K-75.3K-1240.00143.85N/AN/A20294
2026-02-05$38.64$38.0037.0%8.0%12.9%0.0%0.0%2.1%-5.2%3.7K-70.5K-1390.20164.79N/AN/A51304
2026-02-06$39.56$38.0036.5%10.2%15.0%0.0%0.0%7.0%-12.6%4.4K-89.6K-1950.00168.45N/AN/A100355
2026-02-09$40.16$38.0039.1%7.6%15.4%0.0%0.0%4.4%-4.5%5.3K-119.5K-2760.00157.45N/AN/A00455
2026-02-10$40.22$38.0041.4%7.9%15.4%0.0%0.0%1.9%-4.5%5.4K-120.4K-2720.00159.63N/AN/A00455
2026-02-11$40.42$38.0027.7%8.0%15.2%0.0%0.0%2.5%-0.2%5.2K-122.0K-2830.00157.37N/AN/A10455
2026-02-12$40.02$38.0024.0%6.9%15.9%0.0%0.0%2.1%9.7%5.7K-116.5K-2870.00159.32N/AN/A120455
2026-02-13$39.91$38.0019.3%5.5%16.0%0.0%0.0%1.7%10.6%5.7K-114.5K-2880.00159.37N/AN/A00455
2026-02-17$40.08$38.0041.0%11.8%16.0%0.0%0.0%5.8%-13.5%6.0K-118.9K-2680.00165.36N/AN/A00455
2026-02-18$40.16$38.0030.6%8.8%14.5%0.0%0.0%1.7%-12.5%6.6K-124.9K-2210.00159.39N/AN/A10455
2026-02-19$40.03$38.0030.4%8.7%14.4%0.0%0.0%1.6%-6.1%6.6K-121.3K-2660.00159.03N/AN/A10465
2026-02-20$40.31$38.0024.5%7.0%14.4%9.5%30.0%2.4%6.2%2.6K-141.3K-2490.00156.85N/AN/A30465
2026-02-23$40.23$38.0032.9%9.4%14.5%24.6%0.0%1.9%-6.5%2.7K-81.8K-2560.00158.65N/AN/A00325
2026-02-24$40.39$38.0032.3%9.3%14.5%23.5%0.0%2.3%-7.7%2.8K-83.8K-2490.00157.33N/AN/A00325
2026-02-25$40.86$38.0031.4%9.0%13.9%22.0%0.0%3.0%-7.5%3.0K-93.2K-2050.00155.94N/AN/A10325
2026-02-26$40.75$38.0031.5%9.0%13.7%22.1%23.9%1.1%-7.3%2.8K-85.3K-2330.00155.89N/AN/A40315
2026-02-27$40.72$38.0032.9%9.4%13.7%24.6%0.0%0.9%-8.7%2.9K-89.1K-2480.00156.63N/AN/A00335