FEX Options History — February 2018

In February 2018, FEX traded between $56.81 and $61.40. ATM implied volatility averaged 20.0%, placing in the 18.7% IV rank vs the trailing year. The 30-day expected move averaged 5.2%. IV traded above realized volatility by 0.2% (HV 20d: 19.8%). Max pain ranged from $65.00 to $65.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 9 of 19 days. Put/call ratio averaged 0.11.

Notable Days

  • 2018-02-01: Highest Volume — 14 contracts
  • 2018-02-05: Largest IV spike — 318.3% change
  • 2018-02-05: Highest IV Rank — 84.0%
  • 2018-02-05: Largest Expected Move — 11.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$59.21$56.81$61.40$61.40$59.44
Max Pain$65.00$65.00$65.00$65.00$65.00
ATM IV20.0%9.3%64.4%14.9%17.3%
Expected Move5.2%2.7%11.1%3.5%5.0%
HV 20d19.8%9.5%22.4%9.5%22.3%
HV 60d13.0%7.8%14.6%7.8%14.6%
IV Rank18.7%3.0%84.0%11.2%14.7%
IV Percentile89.6%19.8%99.6%94.0%95.6%
Term Structure-0.1%-4.2%6.6%1.2%-1.3%
VWIV23.9%12.4%81.3%12.4%24.6%
Skew 25d6.4%-2.3%14.6%1.8%-2.3%
Skew 10d5.0%-26.0%15.2%3.1%4.5%
Call IV 25d15.0%8.2%42.5%10.6%15.5%
Put IV 25d21.4%12.4%49.3%12.4%13.2%
Bid-Ask Spread %114.69101.93139.63114.67115.23
Gamma HHI0.900.571.000.571.00
Net GEX3.6K120.1K2.7K12
Net DEX-19.5K-66.0K-1-53.8K-11
Net VEX-20-580-420
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.110.000.170.170.00
Total Volume9.211114141
Total OI8.684114141

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-02-01$61.40$65.0014.9%3.5%9.5%11.2%12.4%1.8%1.2%2.7K-53.8K-420.17114.67N/AN/A122122
2018-02-02$60.21$65.0015.4%4.2%12.1%11.9%15.0%1.1%0.3%3.8K-45.5K-490.17111.39N/AN/A122122
2018-02-05$58.26$65.0064.4%11.1%16.8%84.0%81.3%6.8%6.6%1.8K-26.7K-580.17139.63N/AN/A122122
2018-02-06$58.71$65.0028.4%5.9%17.0%31.1%21.7%14.6%-2.0%3.6K-21.3K-500.17115.39N/AN/A122122
2018-02-07$58.79$65.0017.3%5.0%17.0%14.7%21.8%4.5%-0.8%4.2K-20.4K-470.17116.08N/AN/A122122
2018-02-08$56.81$65.0025.8%7.4%20.7%27.2%22.2%8.1%-4.2%4.2K-4.1K-320.17101.93N/AN/A122122
2018-02-09$57.39$65.0024.9%7.1%20.7%25.8%25.4%14.1%-2.7%4.4K-4.6K-300.17111.35N/AN/A122122
2018-02-12$58.11$65.0021.0%6.0%21.1%20.2%28.1%6.7%-1.2%5.4K-24.4K-260.17120.78N/AN/A122120
2018-02-13$58.33$65.0018.9%5.4%21.2%17.0%21.7%11.6%1.6%8.4K-23.3K-230.17113.25N/AN/A122120
2018-02-14$59.22$65.0016.2%4.6%21.7%13.1%19.5%9.2%0.5%20.1K-34.2K-170.17111.39N/AN/A122120
2018-02-15$59.68$65.0014.7%4.2%22.0%10.9%16.2%8.9%1.3%9.7K-45.3K-130.17112.66N/AN/A122120
2018-02-16$59.97$65.0014.9%4.3%21.9%11.2%18.7%6.9%0.1%52-66.0K-10.17113.35N/AN/A122120
2018-02-20$59.57$65.0015.1%4.3%21.7%11.5%20.8%5.2%-0.3%23-2500.00113.82N/AN/A1010
2018-02-21$59.30$65.0016.8%4.8%21.6%13.9%20.7%6.3%-1.6%16-1600.00113.03N/AN/A1010
2018-02-22$59.20$65.0016.8%4.8%21.6%14.0%22.2%3.4%-2.8%8-700.00113.55N/AN/A1010
2018-02-23$60.04$65.0011.6%3.3%22.4%6.3%21.7%4.5%2.2%1-100.00115.41N/AN/A1010
2018-02-26$60.55$65.009.3%2.7%22.3%3.0%17.7%3.6%3.5%4-200.00113.86N/AN/A1010
2018-02-27$59.97$65.0016.5%4.7%22.4%13.6%22.2%6.6%-2.4%39-4200.00112.30N/AN/A1010
2018-02-28$59.44$65.0017.3%5.0%22.3%14.7%24.6%-2.3%-1.3%12-1100.00115.23N/AN/A1010