FEX Options History — September 2018

In September 2018, FEX traded between $62.05 and $63.06. ATM implied volatility averaged 11.8%, placing in the 7.2% IV rank vs the trailing year. The 30-day expected move averaged 3.4%. IV traded above realized volatility by 4.4% (HV 20d: 7.4%). Max pain ranged from $47.00 to $47.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 13 of 19 days. Put/call ratio averaged 0.02.

Notable Days

  • 2018-09-07: Highest Volume — 71 contracts
  • 2018-09-17: Largest IV spike — 41.2% change
  • 2018-09-12: Highest IV Rank — 11.3%
  • 2018-09-12: Largest Expected Move — 4.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$62.59$62.05$63.06$62.59$62.44
Max Pain$47.00$47.00$47.00$47.00$47.00
ATM IV11.8%9.5%15.0%12.5%13.7%
Expected Move3.4%2.7%4.3%3.6%3.9%
HV 20d7.4%6.0%8.7%8.5%6.0%
HV 60d8.3%7.7%8.7%8.6%7.8%
IV Rank7.2%3.2%11.3%7.7%11.1%
IV Percentile46.4%18.3%75.8%56.0%65.9%
Term Structure1.2%-4.7%15.8%1.5%-3.3%
VWIV24.7%24.6%24.9%24.6%24.9%
Skew 25d2.5%0.5%7.4%1.5%4.0%
Skew 10d2.4%-4.5%7.1%3.5%-4.5%
Call IV 25d11.9%8.7%17.1%13.2%13.0%
Put IV 25d14.4%9.8%19.8%14.6%17.0%
Bid-Ask Spread %118.87104.17133.52113.11114.27
Gamma HHI0.500.350.690.510.58
Net GEX3.9K2.7K5.6K4.6K3.6K
Net DEX-336.9K-424.6K-116.9K-415.0K-121.5K
Net VEX-152-221-107-147-133
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.020.000.040.000.04
Total Volume58.47424717024
Total OI58.42124717024

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-09-04$62.59$47.0012.5%3.6%8.5%7.7%24.6%1.5%1.5%4.6K-415.0K-1470.00113.11N/AN/A700700
2018-09-05$62.47$47.0013.5%3.9%8.5%9.1%24.9%1.1%-4.7%5.4K-408.9K-2060.00110.78N/AN/A700700
2018-09-06$62.33$0.0012.6%3.0%8.5%7.8%0.0%5.0%3.1%4.9K-413.6K-1390.00116.69N/AN/A700700
2018-09-07$62.05$0.0010.9%3.7%8.7%5.3%0.0%4.1%1.3%5.6K-401.4K-2210.01104.17N/AN/A701700
2018-09-10$62.32$0.0010.3%3.6%8.4%4.4%0.0%7.4%0.9%3.9K-402.0K-2200.01112.57N/AN/A701701
2018-09-11$62.48$0.0013.6%3.3%8.2%9.2%0.0%0.5%2.0%5.0K-408.5K-1720.01120.53N/AN/A701701
2018-09-12$62.55$0.0015.0%4.3%7.9%11.3%0.0%2.7%1.5%3.9K-404.6K-2020.01133.52N/AN/A701701
2018-09-13$62.70$0.009.8%2.8%6.7%3.6%0.0%1.5%1.5%4.2K-416.4K-1470.01123.28N/AN/A701701
2018-09-14$62.87$0.009.5%2.7%6.1%3.2%0.0%2.2%1.9%3.5K-419.7K-1340.01123.39N/AN/A701701
2018-09-17$62.37$0.0013.4%3.8%6.9%10.6%0.0%1.4%-1.5%5.1K-410.6K-1550.01126.42N/AN/A701701
2018-09-18$62.81$0.0012.6%3.6%7.1%9.3%0.0%2.4%-0.9%3.3K-417.3K-1450.01126.88N/AN/A701701
2018-09-19$62.68$0.009.9%2.8%7.1%4.5%0.0%2.1%1.2%3.3K-419.3K-1250.01118.86N/AN/A701701
2018-09-20$63.05$0.009.8%2.8%7.3%4.4%0.0%1.7%1.3%2.8K-424.6K-1120.01119.91N/AN/A701701
2018-09-21$63.06$0.0013.1%3.7%7.2%10.1%0.0%1.5%-1.0%2.7K-423.8K-1190.01125.21N/AN/A701701
2018-09-24$62.73$0.0010.4%3.0%7.1%5.5%0.0%1.8%15.8%2.8K-127.5K-1070.04122.04N/AN/A231231
2018-09-25$62.71$0.0010.7%3.1%6.7%5.8%0.0%1.5%-0.7%3.0K-123.4K-1340.04120.37N/AN/A231231
2018-09-26$62.62$0.0010.3%2.9%6.7%5.2%0.0%1.1%2.2%3.2K-125.2K-1170.04116.32N/AN/A231231
2018-09-27$62.37$0.0012.1%3.5%6.5%8.5%0.0%4.9%0.3%3.2K-116.9K-1560.04110.21N/AN/A231231
2018-09-28$62.44$0.0013.7%3.9%6.0%11.1%0.0%4.0%-3.3%3.6K-121.5K-1330.04114.27N/AN/A231231