FEX Options History — August 2017

In August 2017, FEX traded between $52.65 and $54.15. ATM implied volatility averaged 11.6%, placing in the 10.0% IV rank vs the trailing year. The 30-day expected move averaged 3.1%. IV traded above realized volatility by 4.0% (HV 20d: 7.6%). Max pain ranged from $49.00 to $49.00. Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 11 of 23 days.

Notable Days

  • 2017-08-01: Highest Volume — 13 contracts
  • 2017-08-29: Largest IV spike — 48.5% change
  • 2017-08-23: Highest IV Rank — 17.6%
  • 2017-08-23: Largest Expected Move — 4.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$53.40$52.65$54.15$54.15$53.74
Max Pain$49.00$49.00$49.00$49.00$49.00
ATM IV11.6%8.4%14.7%9.3%12.3%
Expected Move3.1%2.4%4.2%2.7%3.5%
HV 20d7.6%4.0%10.2%6.9%10.2%
HV 60d8.1%7.5%8.5%8.1%8.1%
IV Rank10.0%2.2%17.6%4.3%11.7%
IV Percentile43.1%0.4%88.1%5.2%51.6%
Term Structure-0.2%-5.2%3.8%-0.7%-1.7%
VWIV19.6%15.3%27.5%18.0%27.5%
Skew 25d3.0%-3.1%9.6%0.2%4.6%
Skew 10d3.5%-0.6%22.4%-0.4%0.1%
Call IV 25d10.3%6.8%12.3%8.2%10.1%
Put IV 25d13.3%8.1%18.1%8.4%14.8%
Bid-Ask Spread %112.81107.28117.59111.29113.38
Gamma HHI1.001.001.001.001.00
Net GEX-722-2.1K0-846-44
Net DEX1.6K07.2K2.0K36
Net VEX-10-340-160
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume1313131313
Total OI1313131313

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-08-01$54.15$0.009.3%2.7%6.9%4.3%0.0%0.2%-0.7%-8462.0K-160.00111.29N/AN/A013013
2017-08-02$53.95$0.0010.0%2.9%7.0%6.2%0.0%-0.2%0.3%-884885-80.00111.44N/AN/A013013
2017-08-03$53.87$49.0013.4%2.4%5.6%14.3%18.0%2.5%1.9%-9822.4K-190.00117.59N/AN/A013013
2017-08-04$53.92$49.0012.0%2.7%4.5%11.0%15.3%3.1%1.1%-6671.3K-110.00110.54N/AN/A013013
2017-08-07$54.04$49.0013.7%3.1%4.6%15.0%18.8%3.3%0.0%-141160-20.00114.42N/AN/A013013
2017-08-08$53.86$49.0013.2%2.5%4.7%14.0%19.1%5.9%2.2%-7991.8K-130.00112.12N/AN/A013013
2017-08-09$53.74$49.0010.1%2.9%4.0%6.4%18.9%3.6%-0.3%-1.4K3.0K-190.00113.50N/AN/A013013
2017-08-10$52.98$49.0011.8%3.4%6.4%10.4%18.3%5.6%1.4%-1.7K4.9K-280.00111.67N/AN/A013013
2017-08-11$53.01$49.0013.3%3.8%6.0%14.2%0.0%3.0%-0.2%-85621000.00112.49N/AN/A013013
2017-08-14$53.52$49.0010.6%3.0%7.1%7.5%19.3%6.0%-0.8%-1.5K2.8K-170.00115.26N/AN/A013013
2017-08-15$53.50$49.0012.4%3.5%7.1%11.9%19.7%2.1%1.4%-1.1K2.4K-170.00115.46N/AN/A013013
2017-08-16$53.63$49.0011.1%3.2%6.8%8.9%20.3%2.5%-2.0%-1.1K1.9K-120.00115.48N/AN/A013013
2017-08-17$52.81$49.0010.8%3.1%8.6%8.0%20.3%1.8%2.7%-598872-70.00113.17N/AN/A013013
2017-08-18$52.71$49.0012.7%3.6%8.6%12.8%18.7%6.6%-3.3%-2.1K7.2K-340.00110.39N/AN/A013013
2017-08-21$52.65$49.0011.2%3.2%8.6%8.9%17.3%2.2%-3.0%-1.5K3.2K-170.00111.92N/AN/A013013
2017-08-22$53.22$49.0012.1%3.5%9.6%11.2%0.0%4.7%-2.4%0000.00112.21N/AN/A013013
2017-08-23$53.13$49.0014.7%4.2%9.6%17.6%0.0%3.9%-5.2%0000.00114.44N/AN/A013013
2017-08-24$53.00$49.0010.8%3.1%9.5%8.2%0.0%9.6%-0.2%0000.00107.28N/AN/A013013
2017-08-25$53.18$49.008.8%2.5%9.7%3.2%16.3%3.2%1.5%-5200.00112.07N/AN/A013013
2017-08-28$53.11$49.008.4%2.4%9.6%2.2%0.0%0.8%3.8%0000.00110.72N/AN/A013013
2017-08-29$53.08$49.0012.5%3.6%9.6%12.1%0.0%-3.0%-2.2%0000.00116.06N/AN/A013013
2017-08-30$53.35$49.0011.4%3.3%9.8%9.5%26.2%-3.1%0.1%-445595-30.00111.82N/AN/A013013
2017-08-31$53.74$49.0012.3%3.5%10.2%11.7%27.5%4.6%-1.7%-443600.00113.38N/AN/A013013