FEX Options History — December 2018

In December 2018, FEX traded between $49.29 and $58.69. ATM implied volatility averaged 24.3%, placing in the 29.1% IV rank vs the trailing year. The 30-day expected move averaged 6.7%. IV traded above realized volatility by 3.4% (HV 20d: 20.9%). Max pain ranged from $52.00 to $52.00. Net GEX was positive for 14 of 20 trading days. Term structure was in contango for 6 of 20 days.

Notable Days

  • 2018-12-04: Largest IV spike — 43.3% change
  • 2018-12-24: Highest IV Rank — 40.8%
  • 2018-12-24: Largest Expected Move — 8.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$53.84$49.29$58.69$58.69$52.06
Max Pain$52.00$52.00$52.00$52.00$52.00
ATM IV24.3%14.7%30.9%14.7%25.7%
Expected Move6.7%4.2%8.9%4.2%7.4%
HV 20d20.9%17.4%25.5%17.4%24.6%
HV 60d18.8%16.7%21.5%16.7%21.5%
IV Rank29.1%12.2%40.8%12.2%31.7%
IV Percentile91.5%57.9%98.4%57.9%93.3%
Term Structure-1.6%-8.0%1.5%0.3%-1.3%
Skew 25d5.3%1.2%18.5%1.6%9.3%
Skew 10d8.6%1.1%21.5%3.0%6.2%
Call IV 25d20.2%14.9%25.7%15.5%21.2%
Put IV 25d25.5%17.1%39.6%17.1%30.4%
Bid-Ask Spread %113.5896.75133.56119.57116.88
Gamma HHI0.630.341.000.561.00
Net GEX3.3K-6156.6K6.1K-615
Net DEX-25.3K-83.6K12.2K-83.6K10.7K
Net VEX-55-89-20-81-24
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI20.25326263

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-12-03$58.69$52.0014.7%4.2%17.4%12.2%0.0%1.6%0.3%6.1K-83.6K-810.00119.57N/AN/A00233
2018-12-04$56.91$52.0021.1%6.0%20.6%23.5%0.0%1.2%-3.6%5.2K-64.7K-890.00112.91N/AN/A00233
2018-12-05$56.86$52.0020.2%5.8%20.5%22.0%0.0%3.1%-3.1%5.2K-64.6K-890.00118.38N/AN/A00233
2018-12-06$56.68$0.0021.4%4.7%19.0%24.1%0.0%5.3%0.9%5.3K-55.3K-880.00107.22N/AN/A00233
2018-12-07$55.94$0.0022.9%5.7%19.4%26.7%0.0%2.4%-0.8%4.9K-50.9K-830.00109.64N/AN/A00233
2018-12-10$55.36$0.0026.1%6.4%19.5%32.3%0.0%6.3%-1.2%4.9K-40.9K-770.00106.37N/AN/A00233
2018-12-11$55.34$0.0023.9%6.1%18.9%28.5%0.0%3.8%-0.3%4.9K-46.8K-700.00104.20N/AN/A00233
2018-12-12$55.85$0.0021.3%6.1%19.3%23.9%0.0%7.5%-2.0%4.7K-49.3K-690.0096.75N/AN/A00233
2018-12-13$55.35$0.0019.9%5.7%19.4%21.4%0.0%3.4%0.7%4.8K-43.1K-670.00113.83N/AN/A00233
2018-12-14$54.40$0.0020.0%5.7%20.1%21.6%0.0%3.9%1.5%5.4K-39.0K-640.00103.62N/AN/A00233
2018-12-17$53.11$0.0027.0%7.8%21.2%34.0%0.0%2.0%-2.2%4.8K-15.4K-560.00111.30N/AN/A00233
2018-12-18$53.10$0.0023.0%6.6%20.3%26.8%0.0%1.9%0.2%6.6K-15.2K-510.00110.90N/AN/A00233
2018-12-19$52.17$0.0025.6%7.3%20.5%31.4%0.0%3.7%-3.5%3.6K-9.3K-440.00133.56N/AN/A00233
2018-12-20$51.24$0.0027.0%7.8%20.8%34.0%0.0%7.2%0.4%2.1K5.6K-290.00116.14N/AN/A00233
2018-12-21$50.46$0.0027.3%7.8%21.1%34.4%0.0%2.2%-5.3%-45511.7K-220.00115.98N/AN/A00233
2018-12-24$49.29$0.0030.9%8.9%20.7%40.8%0.0%4.0%-1.5%-35911.9K-200.00117.54N/AN/A0003
2018-12-26$51.05$0.0029.1%8.3%25.5%37.6%0.0%16.3%-8.0%-45812.2K-200.00119.86N/AN/A0003
2018-12-27$51.43$0.0030.8%8.8%24.2%40.7%0.0%18.5%-1.8%-48710.9K-240.00116.55N/AN/A0003
2018-12-28$51.57$0.0027.3%7.8%24.2%34.4%0.0%3.2%-1.7%-5389.9K-270.00120.44N/AN/A0003
2018-12-31$52.06$0.0025.7%7.4%24.6%31.7%0.0%9.3%-1.3%-61510.7K-240.00116.88N/AN/A0003