FEX Options History — September 2017

In September 2017, FEX traded between $53.36 and $54.88. ATM implied volatility averaged 15.1%, placing in the 14.0% IV rank vs the trailing year. The 30-day expected move averaged 3.8%. IV traded above realized volatility by 6.5% (HV 20d: 8.6%). Max pain ranged from $49.00 to $49.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 8 of 20 days.

Notable Days

  • 2017-09-01: Highest Volume — 13 contracts
  • 2017-09-14: Largest IV spike — 638.2% change
  • 2017-09-14: Highest IV Rank — 100.0%
  • 2017-09-14: Largest Expected Move — 21.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$54.19$53.36$54.88$53.92$54.88
Max Pain$49.00$49.00$49.00$49.00$49.00
ATM IV15.1%7.9%75.3%11.5%10.4%
Expected Move3.8%2.3%21.6%3.3%3.0%
HV 20d8.6%6.7%10.9%10.3%6.7%
HV 60d8.2%7.7%8.6%8.1%7.7%
IV Rank14.0%0.7%100.0%9.9%4.3%
IV Percentile43.9%0.4%100.0%38.9%26.6%
Term Structure-1.2%-28.7%3.6%-1.0%-0.0%
VWIV29.0%29.0%29.0%29.0%29.0%
Skew 25d2.6%-2.7%8.1%2.7%-0.1%
Skew 10d3.7%-4.6%41.1%0.7%-0.3%
Call IV 25d14.7%7.3%100.9%10.5%11.1%
Put IV 25d17.3%7.9%109.0%13.2%11.0%
Bid-Ask Spread %116.62105.99166.16114.40112.92
Gamma HHI1.001.001.001.001.00
Net GEX-66-3420-2330
Net DEX7504172910
Net VEX-0-20-20
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume6.5013130
Total OI6.5013130

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-09-01$53.92$49.0011.5%3.3%10.3%9.9%29.0%2.7%-1.0%-233291-20.00114.40N/AN/A013013
2017-09-05$53.36$0.0013.7%3.0%10.9%15.1%0.0%3.8%3.6%-342417-20.00109.09N/AN/A013013
2017-09-06$53.54$0.0013.5%2.9%10.9%14.5%0.0%4.6%-0.9%-201218-10.00113.15N/AN/A013013
2017-09-07$53.45$0.0015.2%3.2%10.9%18.8%0.0%4.9%3.1%-209224-10.00113.34N/AN/A013013
2017-09-08$53.55$0.0014.8%3.1%9.6%17.9%0.0%7.0%-1.5%-245283-10.00112.88N/AN/A013013
2017-09-11$54.15$0.0019.4%2.8%10.3%29.0%0.0%6.5%0.5%-322600.00114.51N/AN/A013013
2017-09-12$54.32$0.0019.5%2.8%9.8%29.1%0.0%2.5%2.2%-4300.00115.26N/AN/A013013
2017-09-13$54.35$0.0010.2%2.9%9.8%6.6%0.0%1.7%0.6%-1000.00116.86N/AN/A013013
2017-09-14$54.27$0.0075.3%21.6%9.8%100.0%0.0%8.1%-28.7%-494500.00166.16N/AN/A013013
2017-09-15$54.38$0.008.9%2.6%7.8%2.1%0.0%2.4%2.0%0000.00117.76N/AN/A013013
2017-09-18$54.49$0.0010.7%3.1%7.7%4.8%0.0%1.4%-0.2%0000.00112.95N/AN/A0000
2017-09-19$54.44$0.0010.0%2.9%7.7%3.7%0.0%1.3%-2.0%0000.00115.25N/AN/A0000
2017-09-20$54.47$0.009.6%2.8%6.9%3.2%0.0%-1.3%-0.6%0000.00117.92N/AN/A0000
2017-09-21$54.23$0.009.4%2.7%7.1%2.8%0.0%2.4%0.1%0000.00116.75N/AN/A0000
2017-09-22$54.32$0.009.8%2.8%7.0%3.4%0.0%1.0%-0.2%0000.00111.75N/AN/A0000
2017-09-25$54.21$0.0012.5%3.6%7.0%7.4%0.0%-2.7%-2.5%0000.00112.90N/AN/A0000
2017-09-26$54.29$0.0010.1%2.9%7.0%3.9%0.0%1.8%-0.5%0000.00116.63N/AN/A0000
2017-09-27$54.57$0.009.7%2.8%7.1%3.2%0.0%2.7%-0.2%0000.00115.98N/AN/A0000
2017-09-28$54.61$0.007.9%2.3%7.0%0.7%0.0%1.0%1.2%0000.00105.99N/AN/A0000
2017-09-29$54.88$0.0010.4%3.0%6.7%4.3%0.0%-0.1%-0.0%0000.00112.92N/AN/A0000