FEZ Options History — October 2019

In October 2019, FEZ traded between $36.40 and $39.25. ATM implied volatility averaged 14.7%, placing in the 29.9% IV rank vs the trailing year. The 30-day expected move averaged 4.1%. IV traded below realized volatility by 0.4% (HV 20d: 15.1%). Max pain ranged from $37.00 to $39.00. Net GEX was positive for 3 of 23 trading days. Term structure was in contango for 10 of 23 days. Put/call ratio averaged 3.53.

Notable Days

  • 2019-10-02: Highest Volume — 10,312 contracts
  • 2019-10-02: Largest IV spike — 24.3% change
  • 2019-10-02: Highest IV Rank — 63.0%
  • 2019-10-02: Largest Expected Move — 5.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$38.16$36.40$39.25$37.33$39.12
Max Pain$37.96$37.00$39.00$37.00$39.00
ATM IV14.7%12.0%19.4%15.6%12.7%
Expected Move4.1%3.3%5.7%4.5%3.5%
HV 20d15.1%10.6%16.9%10.6%12.3%
HV 60d15.0%13.4%16.0%13.4%14.2%
IV Rank29.9%11.3%63.0%36.3%16.3%
IV Percentile39.8%10.3%85.7%50.8%19.8%
Term Structure0.0%-1.3%0.9%-0.1%0.2%
VWIV16.0%12.0%28.0%15.4%12.0%
Skew 25d5.0%3.7%7.3%6.7%4.1%
Skew 10d11.0%7.4%17.7%14.7%9.5%
Call IV 25d12.7%10.1%16.6%13.5%10.8%
Put IV 25d17.7%13.9%23.6%20.1%14.9%
Bid-Ask Spread %12.434.4539.5425.547.16
Gamma HHI0.160.100.240.110.21
Net GEX-4.5M-8.6M3.4M-2.1M-8.6M
Net DEX11.8M-40.8M81.5M39.9M-19.4M
Net VEX-861.9K-961.6K-805.2K-831.4K-837.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.530.0638.201.440.10
Total Volume4,314.95727010,3123,0145,268
Total OI200,926.174158,545229,105158,545228,378

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-10-01$37.33$37.0015.6%4.5%10.6%36.3%15.4%6.7%-0.1%-2.1M39.9M-831.4K1.4425.54N/AN/A1,2371,77759,09499,451
2019-10-02$36.40$37.0019.4%5.7%13.2%63.0%22.1%7.0%-0.4%-4.6M81.5M-841.2K1.5429.81N/AN/A4,0626,25060,306101,040
2019-10-03$36.57$37.0019.3%5.1%12.9%62.6%28.0%7.3%-0.5%-4.7M76.7M-858.0K5.8216.76N/AN/A9715,65664,009106,705
2019-10-04$36.90$37.0016.9%4.8%13.4%45.3%17.4%6.5%-0.0%-3.9M60.6M-858.3K0.128.85N/AN/A5,40762764,820111,937
2019-10-07$36.99$37.0016.7%4.8%13.3%44.4%17.7%5.3%-0.1%-3.7M55.3M-817.9K5.186.52N/AN/A3731,93362,849111,835
2019-10-08$36.58$37.0018.1%4.8%13.8%54.4%21.2%5.7%-1.3%-5.0M75.2M-834.9K1.6415.42N/AN/A6941,13863,143112,506
2019-10-09$37.00$37.0017.0%4.8%14.5%46.0%15.0%5.4%-0.2%-3.6M52.7M-834.4K1.6615.67N/AN/A16026563,978113,287
2019-10-10$37.31$37.0016.2%4.9%14.2%40.7%17.3%5.3%0.9%-2.8M39.2M-813.8K0.1612.07N/AN/A5,29784364,000113,535
2019-10-11$38.24$37.0015.5%4.4%16.9%35.4%15.3%4.6%-0.1%1.8M-26.5M-815.0K0.7239.54N/AN/A4,2693,07468,215114,096
2019-10-14$38.09$37.0014.7%4.2%16.3%29.9%13.2%5.1%-0.0%1.4M-4.2M-823.8K0.3815.51N/AN/A2,9511,11168,306115,679
2019-10-15$38.64$37.0012.7%3.6%16.9%16.0%14.9%4.8%0.9%3.4M-37.7M-805.2K2.2210.16N/AN/A2,9286,49169,349116,775
2019-10-16$38.67$38.0012.5%3.6%16.9%14.7%14.1%4.4%0.9%-8.6M15.4M-961.6K1.295.60N/AN/A1,6382,11971,932151,947
2019-10-17$38.77$38.0013.4%3.8%16.9%20.5%13.6%5.0%0.2%-6.9M1.7M-954.3K3.545.14N/AN/A7902,79772,803152,057
2019-10-18$38.85$39.0013.7%3.9%16.9%22.9%16.0%5.2%0.1%-6.0M-2.0M-955.4K1.906.45N/AN/A1,7353,29573,362154,047
2019-10-21$39.00$39.0013.9%4.0%16.8%24.6%18.5%4.3%-0.3%-6.5M-8.8M-924.6K1.208.62N/AN/A24529471,496148,945
2019-10-22$38.81$39.0013.6%3.9%16.8%22.2%12.8%4.6%-0.4%-8.1M2.6M-910.2K1.046.96N/AN/A3,0243,13571,659149,126
2019-10-23$39.02$39.0013.2%3.7%16.6%19.1%15.3%4.0%-0.2%-6.3M-16.5M-898.3K5.145.04N/AN/A2061,05973,410150,667
2019-10-24$39.07$39.0013.0%3.6%16.6%18.0%14.5%3.9%-0.2%-5.9M-16.2M-884.1K2.555.09N/AN/A7619473,436151,513
2019-10-25$39.00$39.0012.5%3.4%16.6%14.3%12.1%3.8%0.0%-3.4M-13.4M-866.9K0.165.84N/AN/A2,03933673,475151,440
2019-10-28$39.10$39.0012.5%3.5%16.5%14.6%13.7%3.7%0.4%-6.3M-27.0M-832.8K0.064.45N/AN/A6,68542774,380148,381
2019-10-29$39.07$39.0012.7%3.5%15.8%15.8%13.8%4.0%0.3%-7.1M-17.0M-845.7K5.229.04N/AN/A3371,75880,423148,682
2019-10-30$39.25$39.0012.0%3.3%12.0%11.3%13.3%3.8%0.6%-5.6M-40.8M-819.0K38.2020.54N/AN/A1094,16474,563150,265
2019-10-31$39.12$39.0012.7%3.5%12.3%16.3%12.0%4.1%0.2%-8.6M-19.4M-837.3K0.107.16N/AN/A4,77749174,587153,791