FEX Options History — May 2024

In May 2024, FEX traded between $94.60 and $98.63. ATM implied volatility averaged 20.2%, placing in the 46.6% IV rank vs the trailing year. The 30-day expected move averaged 4.7%. IV traded above realized volatility by 10.4% (HV 20d: 9.8%). Max pain ranged from $93.00 to $93.00. Net GEX was positive for 18 of 22 trading days. Term structure was in contango for 0 of 22 days. Put/call ratio averaged 0.00.

Notable Days

  • 2024-05-06: Highest Volume — 6 contracts
  • 2024-05-15: Largest IV drop — 61.0% change
  • 2024-05-13: Highest IV Rank — 100.0%
  • 2024-05-02: Largest Expected Move — 6.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$97.08$94.60$98.63$94.60$96.76
Max Pain$93.00$93.00$93.00$93.00$93.00
ATM IV20.2%14.3%36.6%20.5%18.0%
Expected Move4.7%4.1%6.0%5.9%5.2%
HV 20d9.8%7.5%12.0%11.9%9.8%
HV 60d11.1%10.2%12.3%12.2%10.5%
IV Rank46.6%22.5%100.0%51.6%35.5%
IV Percentile77.8%50.8%100.0%90.1%75.4%
Term Structure-2.9%-5.3%-1.5%-4.7%-3.9%
Skew 25d2.8%1.2%5.4%3.1%3.6%
Skew 10d3.0%-1.9%5.3%-1.2%3.1%
Call IV 25d13.2%11.2%16.0%15.8%13.1%
Put IV 25d16.0%13.8%18.9%18.9%16.7%
Bid-Ask Spread %143.96137.19177.56175.60139.81
Gamma HHI0.820.481.001.001.00
Net GEX2.4K-7493.6K-7492.9K
Net DEX-21.5K-35.4K3.1K3.1K-21.2K
Net VEX-111-147-4-7-122
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.3640600
Total OI5.8641816

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-05-01$94.60$93.0020.5%5.9%11.9%51.6%0.0%3.1%-4.7%-7493.1K-70.00175.60N/AN/A0001
2024-05-02$94.76$93.0020.8%6.0%11.4%53.0%0.0%2.9%-5.3%-7273.0K-70.00176.98N/AN/A0001
2024-05-03$95.52$93.0020.2%5.8%11.4%50.3%0.0%2.5%-5.3%-6992.3K-60.00177.56N/AN/A0001
2024-05-06$96.44$0.0023.5%4.3%12.0%64.0%0.0%2.8%-1.5%-6001.7K-40.00139.50N/AN/A6001
2024-05-07$96.69$0.0022.2%4.3%12.0%58.7%0.0%3.0%-1.9%2.2K-21.4K-1380.00139.11N/AN/A1061
2024-05-08$96.72$0.0023.2%4.3%11.3%62.8%0.0%2.8%-2.0%3.1K-26.9K-1440.00139.55N/AN/A0071
2024-05-09$97.38$0.0025.6%4.2%11.6%72.4%0.0%1.2%-2.1%3.2K-29.7K-1470.00138.76N/AN/A0071
2024-05-10$97.56$0.0025.1%4.2%9.6%70.5%0.0%3.3%-1.9%3.3K-30.9K-1450.00138.43N/AN/A0071
2024-05-13$97.36$0.0035.6%4.4%8.6%100.0%0.0%1.2%-1.7%3.1K-29.6K-1420.00138.87N/AN/A0071
2024-05-14$97.70$0.0036.6%4.3%8.6%100.0%0.0%1.4%-2.2%3.3K-31.1K-1400.00138.39N/AN/A0071
2024-05-15$98.58$0.0014.3%4.1%8.7%22.5%0.0%2.0%-2.1%3.6K-35.4K-1410.00137.37N/AN/A0071
2024-05-16$98.44$0.0015.7%4.5%8.7%27.5%0.0%1.4%-3.8%3.5K-34.6K-1400.00137.56N/AN/A0071
2024-05-17$98.50$0.0015.5%4.4%8.6%26.8%0.0%2.5%-3.1%3.6K-34.7K-1370.00137.55N/AN/A1071
2024-05-20$98.61$0.0015.2%4.3%8.0%25.5%0.0%2.5%-2.5%3.1K-27.9K-1350.00137.19N/AN/A0060
2024-05-21$98.63$0.0014.7%4.2%7.5%24.1%0.0%2.5%-1.8%3.2K-27.9K-1350.00137.72N/AN/A0060
2024-05-22$97.98$0.0015.6%4.5%8.1%26.9%0.0%2.7%-2.1%3.1K-25.7K-1330.00138.37N/AN/A0060
2024-05-23$96.81$0.0015.8%4.5%9.3%27.7%0.0%3.5%-2.6%2.8K-22.1K-1260.00139.59N/AN/A0060
2024-05-24$97.60$0.0015.4%4.4%9.6%26.5%0.0%2.9%-2.5%3.0K-24.4K-1310.00138.94N/AN/A0060
2024-05-28$97.05$0.0016.3%4.7%9.9%29.5%0.0%3.6%-2.7%3.0K-22.3K-1240.00139.54N/AN/A0060
2024-05-29$96.09$0.0017.6%5.1%9.6%34.1%0.0%3.8%-3.3%2.8K-19.1K-1180.00140.36N/AN/A0060
2024-05-30$96.09$0.0018.0%5.2%9.6%35.5%0.0%5.4%-3.9%2.8K-19.3K-1170.00140.43N/AN/A0060
2024-05-31$96.76$0.0018.0%5.2%9.8%35.5%0.0%3.6%-3.9%2.9K-21.2K-1220.00139.81N/AN/A0060