FEX Options History — March 2015

In March 2015, FEX traded between $45.60 and $47.29. ATM implied volatility averaged 56.3%, placing in the 15.7% IV rank vs the trailing year. The 30-day expected move averaged 14.4%. IV traded above realized volatility by 44.4% (HV 20d: 12.0%). Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 0 of 22 days. Put/call ratio averaged 0.20.

Notable Days

  • 2015-03-30: Highest Volume — 60 contracts
  • 2015-03-11: Largest IV drop — 48.0% change
  • 2015-03-10: Highest IV Rank — 35.4%
  • 2015-03-04: Largest Expected Move — 18.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$46.57$45.60$47.29$47.24$46.63
ATM IV56.3%43.0%82.8%60.0%62.1%
Expected Move14.4%11.2%18.3%17.2%17.8%
HV 20d12.0%8.4%15.2%11.0%15.2%
HV 60d14.8%14.3%15.3%14.9%14.9%
IV Rank15.7%5.8%35.4%18.5%20.0%
IV Percentile43.3%2.1%86.9%59.7%63.1%
Term Structure-19.2%-24.9%-14.4%-21.1%-24.8%
Skew 25d4.6%3.6%5.7%5.3%5.7%
Skew 10d18.0%12.9%33.2%32.3%19.8%
Call IV 25d68.4%53.3%86.6%81.0%84.5%
Put IV 25d73.0%57.0%92.4%86.4%90.2%
Bid-Ask Spread %153.17148.31169.96148.31151.11
Gamma HHI0.940.551.001.000.55
Net GEX-394-1.4K00-621
Net DEX4.5K-39.5K24.1K0-39.5K
Net VEX-30-13300-133
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.200.200.200.200.20
Total Volume6.364060060
Total OI3.864025025

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-03-02$47.24$0.0060.0%17.2%11.0%18.5%0.0%5.3%-21.1%0000.00148.31N/AN/A0000
2015-03-03$47.06$0.0061.9%17.7%10.4%19.9%0.0%5.5%-22.9%0000.00148.31N/AN/A0000
2015-03-04$46.87$0.0063.9%18.3%8.8%21.4%0.0%5.7%-24.9%0000.00148.58N/AN/A0000
2015-03-05$46.99$0.0066.0%11.2%8.4%22.9%0.0%3.6%-14.4%0000.00152.03N/AN/A0000
2015-03-06$46.15$0.0069.6%11.5%9.6%25.6%0.0%3.8%-14.9%0000.00152.69N/AN/A0000
2015-03-09$46.26$0.0078.4%12.0%9.5%32.2%0.0%3.9%-15.8%0000.00153.82N/AN/A0000
2015-03-10$45.63$0.0082.8%12.2%10.7%35.4%0.0%4.0%-17.4%0000.00152.00N/AN/A0000
2015-03-11$45.60$0.0043.0%12.3%10.1%5.8%0.0%4.0%-17.9%0000.00151.65N/AN/A0000
2015-03-12$46.17$0.0043.5%12.5%11.1%6.1%0.0%4.0%-17.3%0000.00152.00N/AN/A0000
2015-03-13$45.90$0.0044.1%12.7%10.5%6.6%0.0%4.1%-18.3%0000.00152.00N/AN/A0000
2015-03-16$46.55$0.0045.3%13.0%11.7%7.5%0.0%4.2%-20.3%0000.00151.52N/AN/A0000
2015-03-17$46.39$0.0046.7%13.4%11.7%8.5%0.0%4.3%-19.5%0000.00153.82N/AN/A0000
2015-03-18$47.12$0.0046.6%13.4%13.1%8.5%0.0%4.3%-20.3%0000.00152.06N/AN/A0000
2015-03-19$46.86$0.0047.5%13.6%13.2%9.1%0.0%4.4%-21.6%0000.00152.06N/AN/A0000
2015-03-20$47.29$0.0048.2%13.8%13.4%9.6%0.0%4.3%-21.3%0000.00150.65N/AN/A01000
2015-03-23$47.17$0.0051.1%14.6%13.4%11.8%0.0%4.1%-16.1%-1.4K22.4K-920.00169.96N/AN/A00010
2015-03-24$46.97$0.0052.2%15.0%13.5%12.6%0.0%4.8%-16.8%-1.4K22.3K-910.00152.06N/AN/A00010
2015-03-25$46.27$0.0054.2%15.5%14.4%14.1%0.0%4.9%-17.3%-1.3K23.9K-890.00152.44N/AN/A00010
2015-03-26$46.21$0.0055.5%15.9%14.4%15.1%0.0%5.0%-18.3%-1.3K24.1K-890.00152.00N/AN/A010010
2015-03-27$46.32$0.0056.7%16.3%14.4%16.0%0.0%5.5%-18.9%-1.3K23.8K-880.00168.99N/AN/A00010
2015-03-30$46.91$0.0060.3%17.3%15.1%18.6%0.0%5.5%-22.8%-1.3K22.4K-880.20151.59N/AN/A5010010
2015-03-31$46.63$0.0062.1%17.8%15.2%20.0%0.0%5.7%-24.8%-621-39.5K-1330.20151.11N/AN/A50101510