FEX Options History — January 2023

In January 2023, FEX traded between $79.39 and $84.89. ATM implied volatility averaged 22.5%, placing in the 24.7% IV rank vs the trailing year. The 30-day expected move averaged 6.3%. IV traded above realized volatility by 5.4% (HV 20d: 17.1%). Net GEX was positive for 13 of 20 trading days. Term structure was in contango for 6 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-01-26: Highest Volume — 1 contracts
  • 2023-01-18: Largest IV spike — 89.1% change
  • 2023-01-04: Highest IV Rank — 40.4%
  • 2023-01-04: Largest Expected Move — 8.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$82.78$79.39$84.89$79.39$84.79
ATM IV22.5%12.5%29.3%29.0%23.0%
Expected Move6.3%3.6%8.4%8.3%6.6%
HV 20d17.1%14.7%19.1%17.6%14.9%
HV 60d20.2%19.2%21.5%21.5%19.2%
IV Rank24.7%1.2%40.4%39.9%25.8%
IV Percentile25.5%0.4%68.7%66.3%23.4%
Term Structure-2.7%-11.4%5.5%-4.7%0.3%
Skew 25d7.1%-0.1%13.5%7.9%13.5%
Skew 10d5.6%0.1%14.4%5.5%4.9%
Call IV 25d17.7%9.3%22.4%21.5%9.3%
Put IV 25d24.7%12.1%32.3%29.4%22.8%
Bid-Ask Spread %122.53105.46141.67122.84124.15
Gamma HHI0.960.841.001.000.84
Net GEX2.0K04.0K03.6K
Net DEX-23.4K-44.7K00-39.6K
Net VEX-136-23000-221
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.050100
Total OI6.65011011

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-01-03$79.39$0.0029.0%8.3%17.6%39.9%0.0%7.9%-4.7%0000.00122.84N/AN/A0000
2023-01-04$80.06$0.0029.3%8.4%16.7%40.4%0.0%9.9%-2.4%0000.00130.99N/AN/A0000
2023-01-05$79.94$0.0027.7%5.2%16.3%36.8%0.0%5.9%-0.6%0000.00114.26N/AN/A0000
2023-01-06$82.08$0.0024.9%5.4%19.1%30.3%0.0%8.5%5.5%0000.00107.13N/AN/A0000
2023-01-09$82.00$0.0020.3%6.7%19.0%19.4%0.0%5.1%-3.2%0000.00108.68N/AN/A0000
2023-01-10$82.32$0.0019.8%5.7%19.0%18.2%0.0%4.7%-5.1%0000.00110.55N/AN/A0000
2023-01-11$83.11$0.0022.0%6.3%18.9%23.5%0.0%3.1%-1.6%0000.00108.90N/AN/A0000
2023-01-12$83.56$0.0021.5%6.2%18.6%22.2%0.0%11.9%0.2%2.7K-36.1K-2120.00125.87N/AN/A00100
2023-01-13$83.85$0.0016.4%4.7%18.4%10.2%0.0%3.5%-5.4%2.6K-33.0K-2090.00135.38N/AN/A00100
2023-01-17$83.50$0.0012.5%3.6%16.7%1.2%0.0%1.2%4.7%3.1K-36.6K-2130.00128.83N/AN/A00100
2023-01-18$82.26$0.0023.6%6.8%17.2%27.3%0.0%1.7%0.4%2.9K-34.9K-2000.00141.67N/AN/A00100
2023-01-19$81.67$0.0024.3%7.0%17.0%28.8%0.0%-0.1%-1.8%2.7K-28.5K-1930.00139.12N/AN/A00100
2023-01-20$82.64$0.0023.6%6.8%17.3%27.3%0.0%6.4%-6.9%2.7K-32.5K-2000.00140.90N/AN/A00100
2023-01-23$83.70$0.0022.7%6.5%17.4%25.0%0.0%10.6%-3.0%3.2K-35.3K-2080.00130.16N/AN/A00100
2023-01-24$83.56$0.0021.9%6.3%16.3%23.2%0.0%12.4%2.5%3.1K-35.8K-2070.00122.07N/AN/A00100
2023-01-25$83.77$0.0022.3%6.4%16.2%24.2%0.0%5.9%-2.6%3.0K-36.1K-2050.00120.02N/AN/A00100
2023-01-26$84.48$0.0023.4%6.7%16.4%26.8%0.0%5.7%-10.1%3.3K-35.7K-2060.00114.43N/AN/A10100
2023-01-27$84.89$0.0018.2%5.2%14.7%14.5%0.0%11.5%-9.7%4.0K-44.7K-2300.00119.26N/AN/A00110
2023-01-30$83.98$0.0024.6%7.1%15.0%29.5%0.0%11.9%-11.4%3.3K-39.5K-2180.00105.46N/AN/A00110
2023-01-31$84.79$0.0023.0%6.6%14.9%25.8%0.0%13.5%0.3%3.6K-39.6K-2210.00124.15N/AN/A00110