FEX Options History — August 2020

In August 2020, FEX traded between $62.80 and $65.44. ATM implied volatility averaged 24.6%, placing in the 21.1% IV rank vs the trailing year. The 30-day expected move averaged 6.9%. IV traded above realized volatility by 13.9% (HV 20d: 10.7%). Max pain ranged from $50.00 to $50.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 16 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2020-08-25: Highest Volume — 118 contracts
  • 2020-08-04: Largest IV spike — 78.3% change
  • 2020-08-26: Highest IV Rank — 30.0%
  • 2020-08-26: Largest Expected Move — 9.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$64.06$62.80$65.44$62.80$65.31
Max Pain$50.00$50.00$50.00$50.00$50.00
ATM IV24.6%17.1%31.3%17.1%29.4%
Expected Move6.9%4.9%9.0%4.9%8.4%
HV 20d10.7%7.2%15.1%15.1%7.2%
HV 60d24.9%21.7%28.8%28.8%21.7%
IV Rank21.1%11.3%30.0%11.3%27.5%
IV Percentile47.5%18.3%68.3%18.3%64.3%
Term Structure1.7%-11.4%8.7%4.8%-11.4%
Skew 25d10.9%1.0%20.7%16.4%20.7%
Skew 10d14.6%-1.1%27.7%-1.1%11.1%
Call IV 25d20.1%10.4%28.0%16.7%19.1%
Put IV 25d31.0%22.4%39.7%33.1%39.7%
Bid-Ask Spread %115.07100.48139.69111.58112.09
Gamma HHI0.710.180.900.820.18
Net GEX3.8K88514.9K1.0K13.7K
Net DEX-98.5K-502.0K-6.0K-6.4K-480.1K
Net VEX-447-2.1K-44-53-2.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume5.619011800
Total OI69.4764716547165

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-08-03$62.80$0.0017.1%4.9%15.1%11.3%0.0%16.4%4.8%1.0K-6.4K-530.00111.58N/AN/A00443
2020-08-04$62.84$0.0030.5%8.8%14.1%29.0%0.0%1.0%-8.9%885-6.1K-560.00139.69N/AN/A00443
2020-08-05$63.33$0.0024.8%7.1%14.2%21.5%0.0%7.4%0.9%1.0K-7.0K-550.00135.83N/AN/A00443
2020-08-06$63.31$50.0024.3%7.2%13.1%20.8%0.0%7.9%4.2%1.0K-6.9K-540.00127.36N/AN/A00443
2020-08-07$63.52$50.0030.8%6.8%12.5%29.3%0.0%7.8%4.6%1.1K-7.4K-540.00127.50N/AN/A00443
2020-08-10$63.98$50.0025.7%6.9%12.2%22.6%0.0%8.4%4.4%1.1K-8.4K-530.00127.40N/AN/A00443
2020-08-11$63.85$50.0025.8%6.0%12.3%22.8%0.0%7.8%8.7%1.4K-7.7K-510.00122.03N/AN/A00443
2020-08-12$64.28$50.0024.2%6.9%10.0%20.6%0.0%11.6%7.2%1.2K-8.6K-510.00102.22N/AN/A00443
2020-08-13$64.14$50.0022.2%6.4%10.0%18.0%0.0%5.9%0.6%1.3K-8.5K-510.00109.96N/AN/A00443
2020-08-14$64.11$50.0018.8%5.4%10.0%13.5%0.0%16.4%6.0%1.5K-7.5K-490.00100.48N/AN/A00443
2020-08-17$64.36$50.0018.8%5.4%10.0%13.6%0.0%11.6%6.0%1.4K-9.6K-500.00101.87N/AN/A00443
2020-08-18$64.17$50.0025.8%7.4%10.1%22.8%0.0%16.3%5.5%1.6K-7.8K-480.00101.69N/AN/A00443
2020-08-19$63.89$50.0025.0%7.2%10.2%21.7%0.0%11.5%0.5%1.3K-8.5K-480.00117.19N/AN/A00443
2020-08-20$63.77$50.0026.3%7.5%9.9%23.4%0.0%11.7%-5.1%1.3K-8.3K-470.00108.04N/AN/A00443
2020-08-21$63.55$50.0021.1%6.0%9.4%16.5%0.0%7.2%-3.8%1.7K-6.0K-440.00111.39N/AN/A00443
2020-08-24$64.33$50.0020.9%6.0%10.0%16.3%0.0%5.1%5.1%1.7K-9.2K-460.00108.66N/AN/A00443
2020-08-25$64.48$50.0022.9%6.6%9.7%18.9%0.0%12.7%8.1%1.7K-9.7K-450.00106.25N/AN/A1180443
2020-08-26$64.76$50.0031.3%9.0%8.4%30.0%0.0%7.7%-5.1%14.3K-467.0K-2.1K0.00117.70N/AN/A0012243
2020-08-27$65.13$50.0027.6%7.9%7.9%25.1%0.0%16.4%2.7%14.9K-486.1K-2.1K0.00113.75N/AN/A0012243
2020-08-28$65.44$50.0022.3%6.4%7.8%18.2%0.0%18.3%0.0%14.7K-502.0K-2.1K0.00113.80N/AN/A0012243
2020-08-31$65.31$50.0029.4%8.4%7.2%27.5%0.0%20.7%-11.4%13.7K-480.1K-2.1K0.00112.09N/AN/A0012243