FEX Options History — September 2023

In September 2023, FEX traded between $80.44 and $85.14. ATM implied volatility averaged 16.8%, placing in the 16.6% IV rank vs the trailing year. The 30-day expected move averaged 4.3%. IV traded above realized volatility by 6.0% (HV 20d: 10.8%). Max pain ranged from $70.00 to $70.00. Net GEX was positive for 1 of 20 trading days. Term structure was in contango for 8 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-09-01: Highest Volume — 2 contracts
  • 2023-09-11: Largest IV spike — 69.2% change
  • 2023-09-07: Highest IV Rank — 37.0%
  • 2023-09-28: Largest Expected Move — 5.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$83.07$80.44$85.14$85.14$81.02
Max Pain$70.00$70.00$70.00$70.00$70.00
ATM IV16.8%9.9%26.9%14.4%16.5%
Expected Move4.3%2.8%5.9%4.1%4.7%
HV 20d10.8%9.8%11.5%11.2%10.9%
HV 60d10.9%10.5%11.1%10.9%10.9%
IV Rank16.6%2.8%37.0%11.8%15.9%
IV Percentile33.4%4.0%77.0%20.6%35.3%
Term Structure-0.7%-9.9%8.6%0.0%-0.6%
VWIV23.5%23.5%23.5%23.5%23.5%
Skew 25d4.1%-1.0%10.4%2.7%-1.0%
Skew 10d6.2%-1.4%13.4%2.0%2.2%
Call IV 25d10.9%7.6%14.6%9.0%13.7%
Put IV 25d15.0%9.3%20.0%11.6%12.7%
Bid-Ask Spread %110.2591.03140.84108.42100.11
Gamma HHI1.000.991.001.001.00
Net GEX90-481.9K1.9K0
Net DEX-606-12.3K85-12.3K0
Net VEX-1-110-110
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.10220
Total OI10.1022220

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-09-01$85.14$70.0014.4%4.1%11.2%11.8%23.5%2.7%0.0%1.9K-12.3K-110.00108.42N/AN/A20220
2023-09-05$84.50$0.0020.9%4.9%11.1%24.9%0.0%7.6%2.3%04100.0091.03N/AN/A00020
2023-09-06$84.09$0.0024.9%3.9%11.1%32.8%0.0%7.1%8.6%-213200.00140.84N/AN/A00020
2023-09-07$83.86$0.0026.9%4.9%11.1%37.0%0.0%5.3%-1.8%-488500.00139.33N/AN/A00020
2023-09-08$83.94$0.0011.3%3.3%11.0%5.5%0.0%2.5%0.5%0000.00135.93N/AN/A00020
2023-09-11$84.25$0.0019.1%4.0%11.1%21.2%0.0%1.5%4.7%0000.00136.42N/AN/A00020
2023-09-12$84.14$0.0020.9%5.3%11.1%24.9%0.0%4.9%-0.2%0000.0093.60N/AN/A00020
2023-09-13$83.75$0.009.9%2.8%9.8%2.8%0.0%2.9%5.3%0000.0097.54N/AN/A00020
2023-09-14$84.70$0.0014.6%4.2%10.4%12.2%0.0%6.5%-3.0%0000.0098.62N/AN/A00020
2023-09-15$83.80$0.0016.6%4.8%10.6%16.2%0.0%5.7%-8.0%-1100.00105.56N/AN/A00020
2023-09-18$83.83$0.0012.4%3.6%10.5%7.8%0.0%0.0%-3.7%0000.00107.06N/AN/A0000
2023-09-19$83.68$0.0013.6%3.9%10.5%10.2%0.0%0.4%-9.9%0000.00105.46N/AN/A0000
2023-09-20$83.26$0.0012.0%3.4%10.4%7.0%0.0%6.7%-5.4%0000.00105.18N/AN/A0000
2023-09-21$82.00$0.0013.5%3.9%11.3%9.9%0.0%3.8%-2.7%0000.00104.59N/AN/A0000
2023-09-22$81.48$0.0015.8%4.5%11.0%14.6%0.0%3.2%-1.1%0000.00106.50N/AN/A0000
2023-09-25$81.58$0.0015.5%4.4%10.7%14.0%0.0%3.6%2.5%0000.00105.57N/AN/A0000
2023-09-26$80.44$0.0017.3%5.0%11.5%17.7%0.0%10.4%4.3%0000.00109.79N/AN/A0000
2023-09-27$80.58$0.0019.0%5.5%10.1%21.1%0.0%4.5%-4.5%0000.00101.32N/AN/A0000
2023-09-28$81.38$0.0020.6%5.9%10.8%24.2%0.0%3.4%-1.8%0000.00112.11N/AN/A0000
2023-09-29$81.02$0.0016.5%4.7%10.9%15.9%0.0%-1.0%-0.6%0000.00100.11N/AN/A0000