FEZ Options History — April 2022

In April 2022, FEZ traded between $37.86 and $41.64. ATM implied volatility averaged 30.1%, placing in the 33.7% IV rank vs the trailing year. The 30-day expected move averaged 8.3%. IV traded above realized volatility by 3.6% (HV 20d: 26.5%). Max pain ranged from $43.00 to $43.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 1 of 20 days. Put/call ratio averaged 20.81.

Notable Days

  • 2022-04-06: Highest Volume — 309,882 contracts
  • 2022-04-13: Largest IV drop — 27.9% change
  • 2022-04-12: Highest IV Rank — 47.1%
  • 2022-04-26: Largest Expected Move — 9.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$39.72$37.86$41.64$41.41$38.12
Max Pain$43.00$43.00$43.00$43.00$43.00
ATM IV30.1%23.6%37.5%28.9%32.9%
Expected Move8.3%6.8%9.7%7.6%9.4%
HV 20d26.5%19.9%42.2%42.2%20.5%
HV 60d35.0%34.7%35.6%34.7%35.5%
IV Rank33.7%22.2%47.1%31.6%38.7%
IV Percentile87.7%76.6%94.8%88.1%92.1%
Term Structure-1.3%-4.1%0.4%-2.3%-2.3%
VWIV33.8%29.4%39.1%31.7%36.0%
Skew 25d9.7%8.0%12.7%8.0%8.5%
Skew 10d18.1%11.8%25.7%12.8%20.4%
Call IV 25d24.7%20.6%28.8%24.3%28.0%
Put IV 25d34.4%29.4%38.5%32.3%36.5%
Bid-Ask Spread %67.8426.3091.7773.4840.19
Gamma HHI0.170.150.180.170.18
Net GEX-46.6M-77.5M-3.0M-3.1M-77.5M
Net DEX506.3M77.0M892.2M85.1M804.0M
Net VEX-2.0M-2.5M-994.6K-1.0M-2.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio20.811.05107.4612.115.52
Total Volume67,501.913,014309,88225,96548,074
Total OI707,204.35323,337845,492323,337830,377

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-04-01$41.41$43.0028.9%7.6%42.2%31.6%31.7%8.0%-2.3%-3.1M85.1M-1.0M12.1173.48N/AN/A1,98123,98485,149238,188
2022-04-04$41.64$43.0024.3%6.9%39.9%23.4%37.3%10.1%-0.4%-3.0M77.0M-994.6K6.4074.08N/AN/A1,95212,48685,197248,839
2022-04-05$40.73$43.0027.9%7.7%40.0%29.9%35.1%11.0%-0.4%-6.1M136.6M-1.0M8.8675.21N/AN/A2,35920,89885,176249,398
2022-04-06$39.99$43.0033.8%8.7%31.6%40.4%39.1%12.7%-1.4%-10.9M204.7M-1.1M107.4676.24N/AN/A2,857307,02585,385270,925
2022-04-07$40.09$43.0034.4%8.8%28.4%41.4%35.7%10.9%-1.2%-33.1M410.1M-2.2M5.3573.84N/AN/A16,88090,25185,228567,185
2022-04-08$40.08$43.0032.8%8.7%28.3%38.7%36.7%11.0%-0.8%-38.1M461.3M-2.5M18.9574.42N/AN/A1,85435,134100,297652,186
2022-04-11$39.84$43.0036.0%8.7%27.6%44.4%37.2%11.3%-0.5%-42.3M492.7M-2.5M55.1281.98N/AN/A1,858102,405100,309669,075
2022-04-12$39.47$43.0037.5%9.1%27.6%47.1%32.7%10.4%-3.3%-50.1M580.3M-2.5M38.4673.34N/AN/A1,99976,890100,414699,313
2022-04-13$39.98$43.0027.1%7.8%23.2%28.4%33.1%9.6%-0.3%-51.1M534.1M-2.4M9.5175.90N/AN/A1,74216,562100,497743,848
2022-04-14$39.78$43.0026.4%7.6%23.1%27.2%30.8%9.3%-0.1%-48.6M547.7M-2.4M18.2455.54N/AN/A1,94935,556100,528744,964
2022-04-18$39.65$43.0026.6%7.6%23.0%27.6%31.5%8.9%-0.3%-55.7M553.7M-2.1M31.9948.40N/AN/A1,60251,25490,113696,795
2022-04-19$39.85$43.0025.8%7.4%22.4%26.0%29.9%8.6%-0.3%-58.1M541.5M-2.1M23.9926.30N/AN/A2,10350,45290,194711,784
2022-04-20$40.54$43.0023.6%6.8%22.3%22.2%29.4%8.2%0.4%-52.5M434.0M-1.9M27.9574.34N/AN/A1,93554,08290,473725,863
2022-04-21$40.20$43.0028.2%8.1%21.1%30.4%32.3%8.8%-1.2%-53.5M498.3M-2.1M5.6584.31N/AN/A1,95811,05690,835720,079
2022-04-22$39.62$43.0027.9%8.0%21.5%29.9%31.1%8.0%-0.2%-57.9M610.1M-2.3M9.2291.77N/AN/A3,09228,50791,125720,600
2022-04-25$39.17$43.0031.8%9.1%21.8%36.8%30.6%9.8%-4.1%-66.5M673.6M-2.1M1.0588.90N/AN/A11,02611,53592,257713,846
2022-04-26$37.86$43.0033.8%9.7%24.2%40.3%36.1%10.3%-2.9%-74.7M892.2M-2.3M6.9032.08N/AN/A9,34764,516100,978715,929
2022-04-27$37.90$43.0032.8%9.4%19.9%38.6%35.0%9.7%-2.7%-76.4M878.6M-2.2M6.6273.18N/AN/A15,08299,911101,127732,796
2022-04-28$38.54$43.0029.1%8.3%21.3%32.0%35.3%9.0%-1.9%-73.7M709.2M-1.9M16.9563.34N/AN/A7,123120,761101,150715,665
2022-04-29$38.12$43.0032.9%9.4%20.5%38.7%36.0%8.5%-2.3%-77.5M804.0M-2.0M5.5240.19N/AN/A7,37740,697101,198729,179