FEX Options History — January 2019

In January 2019, FEX traded between $51.28 and $57.00. ATM implied volatility averaged 18.6%, placing in the 18.4% IV rank vs the trailing year. The 30-day expected move averaged 5.1%. IV traded below realized volatility by 3.6% (HV 20d: 22.2%). Max pain ranged from $55.00 to $55.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 18 of 21 days.

Notable Days

  • 2019-01-31: Largest IV spike — 24.8% change
  • 2019-01-02: Highest IV Rank — 35.3%
  • 2019-01-02: Largest Expected Move — 8.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$54.80$51.28$57.00$51.97$57.00
Max Pain$55.00$55.00$55.00$55.00$55.00
ATM IV18.6%14.3%27.8%27.8%19.0%
Expected Move5.1%4.1%8.0%8.0%4.4%
HV 20d22.2%15.3%26.3%24.0%15.7%
HV 60d21.5%20.3%22.6%21.5%20.3%
IV Rank18.4%10.7%35.3%35.3%19.0%
IV Percentile68.2%43.7%96.4%96.4%73.0%
Term Structure0.9%-3.0%2.5%-3.0%1.8%
Skew 25d4.5%-0.6%10.7%5.5%3.8%
Skew 10d7.3%0.1%19.6%0.1%4.3%
Call IV 25d16.0%12.4%23.5%23.5%16.1%
Put IV 25d20.5%15.6%29.0%29.0%19.9%
Bid-Ask Spread %115.41101.94125.26116.20125.26
Gamma HHI1.001.001.001.001.00
Net GEX-887-1.1K-558-558-855
Net DEX7.9K5.1K10.8K10.6K5.1K
Net VEX-25-27-20-25-20
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI33333

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-01-02$51.97$0.0027.8%8.0%24.0%35.3%0.0%5.5%-3.0%-55810.6K-250.00116.20N/AN/A0003
2019-01-03$51.28$0.0026.4%6.7%22.4%32.9%0.0%8.0%2.0%-57210.8K-240.00101.94N/AN/A0003
2019-01-04$52.82$0.0022.2%5.9%25.6%25.4%0.0%8.1%-0.2%-77910.8K-250.00112.02N/AN/A0003
2019-01-07$53.57$0.0019.7%5.6%26.3%20.6%0.0%-0.6%0.7%-7399.7K-260.00110.28N/AN/A0003
2019-01-08$54.00$0.0023.1%5.3%26.3%26.6%0.0%10.5%0.9%-8239.0K-270.00116.28N/AN/A0003
2019-01-09$54.36$0.0018.9%5.4%26.2%19.3%0.0%1.2%0.2%-8438.5K-270.00115.44N/AN/A0003
2019-01-10$54.62$0.0016.4%4.7%26.3%14.7%0.0%8.1%1.8%-8448.8K-270.00111.23N/AN/A0003
2019-01-11$54.71$0.0018.9%5.4%26.1%19.3%0.0%10.7%0.2%-8428.4K-270.00110.26N/AN/A0003
2019-01-14$54.38$0.0019.8%5.7%26.0%20.6%0.0%7.4%-0.3%-9128.6K-260.00109.83N/AN/A0003
2019-01-15$54.72$0.0017.3%5.0%25.3%16.1%0.0%8.0%0.9%-9568.7K-260.00112.12N/AN/A0003
2019-01-16$54.88$0.0015.0%4.3%23.7%11.9%0.0%2.7%2.4%-9677.9K-260.00118.68N/AN/A0003
2019-01-17$55.29$0.0015.1%4.3%23.7%12.1%0.0%2.0%1.8%-1.1K7.7K-260.00123.85N/AN/A0003
2019-01-18$56.06$0.0014.3%4.1%22.9%10.7%0.0%1.9%1.6%-9896.4K-250.00117.70N/AN/A0003
2019-01-22$55.24$0.0017.4%5.0%22.5%16.2%0.0%1.9%0.6%-9717.0K-250.00115.51N/AN/A0003
2019-01-23$55.41$0.0018.6%5.3%21.4%18.4%0.0%2.4%0.9%-9377.3K-240.00113.33N/AN/A0003
2019-01-24$55.62$0.0015.0%4.3%18.6%12.0%0.0%2.9%2.5%-1.0K7.1K-240.00118.95N/AN/A0003
2019-01-25$56.25$0.0014.8%4.2%15.3%11.6%0.0%2.5%2.1%-9995.8K-230.00120.01N/AN/A0003
2019-01-28$55.90$0.0017.5%5.0%15.8%16.4%0.0%1.9%0.3%-1.0K6.7K-230.00117.49N/AN/A0003
2019-01-29$56.01$0.0017.3%5.0%15.8%16.1%0.0%2.1%0.7%-9696.3K-230.00120.19N/AN/A0003
2019-01-30$56.63$0.0015.2%4.4%15.9%12.3%0.0%2.7%0.9%-9805.1K-210.00117.08N/AN/A0003
2019-01-31$57.00$55.0019.0%4.4%15.7%19.0%0.0%3.8%1.8%-8555.1K-200.00125.26N/AN/A0003