FEX Options History — April 2022

In April 2022, FEX traded between $83.21 and $89.64. ATM implied volatility averaged 26.0%, placing in the 41.8% IV rank vs the trailing year. The 30-day expected move averaged 6.1%. IV traded above realized volatility by 10.3% (HV 20d: 15.8%). Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 7 of 20 days.

Notable Days

  • 2022-04-01: Highest Volume — 2 contracts
  • 2022-04-11: Largest IV spike — 62.6% change
  • 2022-04-12: Highest IV Rank — 100.0%
  • 2022-04-27: Largest Expected Move — 8.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$87.00$83.21$89.64$88.06$83.21
ATM IV26.0%17.3%54.7%22.9%20.6%
Expected Move6.1%4.9%8.0%5.6%5.9%
HV 20d15.8%12.7%20.2%18.6%20.2%
HV 60d19.3%18.8%20.4%19.0%20.4%
IV Rank41.8%18.4%100.0%39.2%25.7%
IV Percentile72.1%37.7%100.0%69.0%56.7%
Term Structure-0.4%-5.3%9.1%-1.4%9.1%
Skew 25d9.8%4.8%19.2%7.8%4.8%
Skew 10d19.3%4.4%34.0%4.4%24.9%
Call IV 25d19.4%13.0%26.2%18.3%26.0%
Put IV 25d29.1%24.1%39.2%26.1%30.7%
Bid-Ask Spread %115.0898.52124.77109.68114.77
Gamma HHI0.510.500.540.500.54
Net GEX-694-991-356-795-356
Net DEX13.4K12.0K15.2K12.9K15.1K
Net VEX-21-27-10-27-10
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume1.90222
Total OI22222

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-04-01$88.06$0.0022.9%5.6%18.6%39.2%0.0%7.8%-1.4%-79512.9K-270.00109.68N/AN/A0202
2022-04-04$88.41$0.0027.2%5.7%16.1%51.0%0.0%9.8%-2.1%-86212.6K-270.00115.59N/AN/A0202
2022-04-05$87.44$0.0031.4%6.7%16.7%63.0%0.0%8.7%-1.9%-83412.2K-270.00116.78N/AN/A0202
2022-04-06$87.07$0.0032.9%6.2%15.2%66.9%0.0%7.4%-1.0%-73813.0K-240.00121.13N/AN/A0202
2022-04-07$87.82$0.0024.3%5.4%15.0%43.1%0.0%10.2%-3.0%-75413.6K-230.00119.99N/AN/A0202
2022-04-08$88.26$0.0025.2%5.4%14.6%45.5%0.0%7.3%-0.3%-78712.9K-260.00105.37N/AN/A0202
2022-04-11$87.30$0.0040.9%6.6%15.0%89.3%0.0%9.6%-0.6%-71713.6K-220.0098.52N/AN/A0202
2022-04-12$87.03$0.0054.7%6.0%14.4%100.0%0.0%8.5%4.0%-72012.9K-240.00122.73N/AN/A0202
2022-04-13$88.09$0.0020.9%6.0%14.3%26.3%0.0%9.8%-3.4%-79612.8K-250.00116.47N/AN/A0202
2022-04-14$87.73$0.0021.1%6.1%13.0%26.8%0.0%12.1%-5.3%-81812.8K-240.00117.05N/AN/A0202
2022-04-18$87.33$0.0018.4%5.3%12.7%21.0%0.0%10.4%5.6%-65912.9K-230.00110.42N/AN/A0202
2022-04-19$88.90$0.0018.6%5.3%14.2%21.3%0.0%8.5%-3.6%-79612.8K-240.00110.33N/AN/A0202
2022-04-20$89.64$0.0017.3%4.9%14.0%18.4%0.0%13.9%4.2%-92112.5K-250.00111.22N/AN/A0202
2022-04-21$88.11$0.0018.9%5.4%15.1%21.8%0.0%8.0%0.2%-99112.0K-240.00114.87N/AN/A0202
2022-04-22$86.03$0.0022.6%6.5%17.1%30.0%0.0%8.9%0.7%-56214.0K-180.00113.87N/AN/A0202
2022-04-25$85.57$0.0024.2%6.9%17.1%33.5%0.0%11.4%1.0%-47315.2K-120.00123.35N/AN/A0202
2022-04-26$84.11$0.0027.7%7.9%17.8%41.1%0.0%19.2%-2.5%-42014.8K-120.00115.07N/AN/A0202
2022-04-27$84.27$0.0027.8%8.0%16.7%41.3%0.0%13.1%-4.0%-39915.0K-110.00124.77N/AN/A0002
2022-04-28$85.65$0.0023.3%6.7%17.9%31.6%0.0%6.0%-3.1%-47814.9K-130.00119.55N/AN/A0202
2022-04-29$83.21$0.0020.6%5.9%20.2%25.7%0.0%4.8%9.1%-35615.1K-100.00114.77N/AN/A0202