FEZ Options History — July 2022

In July 2022, FEZ traded between $32.82 and $36.45. ATM implied volatility averaged 30.8%, placing in the 34.1% IV rank vs the trailing year. The 30-day expected move averaged 8.5%. IV traded above realized volatility by 3.2% (HV 20d: 27.6%). Max pain ranged from $35.00 to $37.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 5 of 20 days. Put/call ratio averaged 21.02.

Notable Days

  • 2022-07-20: Highest Volume — 213,156 contracts
  • 2022-07-05: Largest IV spike — 34.9% change
  • 2022-07-12: Highest IV Rank — 48.3%
  • 2022-07-12: Largest Expected Move — 9.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$34.37$32.82$36.45$34.72$36.45
Max Pain$36.25$35.00$37.00$36.00$35.00
ATM IV30.8%24.9%38.7%27.1%24.9%
Expected Move8.5%6.9%9.4%7.8%6.9%
HV 20d27.6%22.8%30.2%27.8%28.6%
HV 60d28.7%27.1%29.9%27.1%29.9%
IV Rank34.1%23.3%48.3%27.4%23.3%
IV Percentile79.5%53.6%96.4%71.4%53.6%
Term Structure-0.6%-1.9%0.7%0.2%0.6%
VWIV32.8%25.2%37.4%26.4%31.4%
Skew 25d8.7%4.4%10.0%4.4%7.5%
Skew 10d18.3%14.2%22.8%16.4%18.3%
Call IV 25d26.3%21.3%28.8%26.1%21.3%
Put IV 25d35.0%28.8%38.7%30.6%28.8%
Bid-Ask Spread %79.3747.9186.0482.2679.59
Gamma HHI0.200.150.260.160.25
Net GEX-26.6M-60.0M-12.4M-12.4M-33.6M
Net DEX300.0M196.1M503.9M211.5M197.7M
Net VEX-1.3M-2.4M-802.1K-821.1K-1.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio21.022.6780.084.8325.50
Total Volume63,155.3516,075213,15628,58452,146
Total OI420,894.1199,674782,729199,674782,603

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-07-01$34.72$36.0027.1%7.8%27.8%27.4%26.4%4.4%0.2%-12.4M211.5M-821.1K4.8382.26N/AN/A4,90723,67745,947153,727
2022-07-05$33.49$37.0036.6%9.3%29.6%44.6%33.7%9.3%-1.0%-14.1M288.8M-802.1K2.9878.62N/AN/A8,31824,74847,478171,886
2022-07-06$33.58$37.0032.1%8.7%29.1%36.4%32.2%9.0%-1.2%-14.1M275.8M-845.6K2.6778.43N/AN/A6,63017,70850,104179,898
2022-07-07$34.02$37.0029.8%8.6%30.0%32.3%34.0%9.9%-1.0%-14.3M258.0M-875.8K4.6780.27N/AN/A6,11828,56951,808184,109
2022-07-08$34.10$37.0027.8%8.1%30.2%28.6%34.2%8.9%0.7%-15.8M260.0M-857.8K5.0980.48N/AN/A4,40322,40851,806190,028
2022-07-11$33.38$37.0036.7%9.2%29.6%44.8%33.7%9.2%-1.0%-16.3M296.4M-893.4K3.8280.43N/AN/A5,75521,99151,859198,872
2022-07-12$33.26$37.0038.7%9.4%28.0%48.3%36.3%9.5%-0.5%-16.6M308.0M-884.6K4.4779.07N/AN/A4,75221,25452,976198,905
2022-07-13$33.36$37.0032.5%9.3%24.9%37.2%35.1%8.5%-1.1%-17.0M300.0M-822.8K7.3647.91N/AN/A4,83735,60152,985194,446
2022-07-14$32.82$37.0032.7%9.4%25.2%37.5%37.4%10.0%-1.1%-16.6M335.5M-972.9K30.4379.37N/AN/A1,97260,00053,018216,044
2022-07-15$33.48$37.0032.0%9.2%24.4%36.2%34.8%9.7%-1.5%-17.9M322.7M-1.1M12.3881.00N/AN/A2,81534,86353,038252,127
2022-07-18$33.74$37.0031.5%9.0%22.8%35.3%35.3%8.8%-1.9%-17.6M260.9M-1.1M3.3381.95N/AN/A8,03126,71719,166240,601
2022-07-19$35.18$37.0031.2%9.0%27.6%34.8%36.9%8.8%-1.5%-16.2M196.1M-1.1M51.1379.09N/AN/A3,114159,22923,703253,796
2022-07-20$34.75$37.0031.0%8.9%27.9%34.3%37.3%9.0%-1.4%-27.8M303.2M-1.5M76.9680.97N/AN/A2,734210,42225,826375,562
2022-07-21$35.10$35.0029.8%8.5%28.1%32.2%28.3%8.3%0.3%-33.8M279.0M-1.6M62.2883.42N/AN/A2,729169,95726,866494,977
2022-07-22$34.91$35.0028.6%8.2%28.1%30.1%32.4%9.4%0.3%-42.7M355.7M-2.0M80.0882.66N/AN/A2,233178,80926,877607,009
2022-07-25$35.22$35.0029.4%8.3%26.0%31.5%25.2%8.6%-0.0%-52.0M408.2M-2.2M22.2281.76N/AN/A2,22449,41926,957736,076
2022-07-26$34.56$35.0030.3%8.1%26.7%33.2%30.0%8.1%-0.7%-60.0M503.9M-2.4M6.6085.26N/AN/A2,11613,95927,004739,897
2022-07-27$35.53$35.0027.7%7.4%28.5%28.5%31.6%8.7%-0.0%-48.8M343.7M-2.0M7.8086.04N/AN/A2,13316,64527,006750,166
2022-07-28$35.81$35.0025.6%7.1%28.4%24.7%30.4%8.3%-0.3%-44.2M294.3M-1.8M5.7578.72N/AN/A2,84116,32327,035755,694
2022-07-29$36.45$35.0024.9%6.9%28.6%23.3%31.4%7.5%0.6%-33.6M197.7M-1.5M25.5079.59N/AN/A1,96850,17827,677754,926