FEZ Options History — June 2023

In June 2023, FEZ traded between $44.36 and $46.72. ATM implied volatility averaged 15.0%, placing in the 5.3% IV rank vs the trailing year. The 30-day expected move averaged 4.2%. IV traded below realized volatility by 2.4% (HV 20d: 17.4%). Max pain ranged from $44.00 to $45.50. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 30.79.

Notable Days

  • 2023-06-09: Highest Volume — 9,130 contracts
  • 2023-06-20: Largest IV spike — 18.1% change
  • 2023-06-26: Highest IV Rank — 16.0%
  • 2023-06-01: Largest Expected Move — 5.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$45.28$44.36$46.72$44.63$45.97
Max Pain$44.81$44.00$45.50$45.00$45.00
ATM IV15.0%12.7%18.0%18.0%14.3%
Expected Move4.2%3.4%5.2%5.2%3.9%
HV 20d17.4%15.3%20.2%15.9%18.0%
HV 60d16.0%14.4%17.9%17.8%15.7%
IV Rank5.3%0.0%16.0%5.5%6.1%
IV Percentile2.3%0.0%5.6%4.0%2.8%
Term Structure-0.0%-1.4%1.0%0.0%-0.1%
VWIV15.8%10.7%20.1%18.6%14.2%
Skew 25d4.2%-4.1%7.3%6.9%4.2%
Skew 10d5.5%-7.8%10.3%-7.8%8.9%
Call IV 25d13.5%12.0%19.1%14.4%12.4%
Put IV 25d17.6%14.2%21.3%21.3%16.6%
Bid-Ask Spread %67.4644.6784.1564.9469.68
Gamma HHI0.260.160.370.190.32
Net GEX-9.9M-16.1M-732.1K-13.8M-5.6M
Net DEX-15.0M-76.5M23.4M23.4M-34.6M
Net VEX-680.8K-832.9K-537.4K-832.9K-609.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio30.790.28212.505.581.55
Total Volume2,005.9521789,1301,316715
Total OI134,332.571123,598150,388132,546137,960

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-06-01$44.63$45.0018.0%5.2%15.9%5.5%18.6%6.9%0.0%-13.8M23.4M-832.9K5.5864.94N/AN/A2001,11631,896100,650
2023-06-02$45.14$45.0017.5%4.9%16.5%3.1%19.6%7.3%-0.7%-13.9M908.5K-775.8K8.3174.35N/AN/A4839931,922101,428
2023-06-05$44.72$45.0017.9%4.4%15.5%5.1%18.3%5.6%-1.0%-14.3M17.9M-796.5K2.4272.31N/AN/A7417931,900100,686
2023-06-06$44.81$44.0015.4%4.2%15.5%0.0%14.4%6.2%-0.3%-15.0M8.6M-741.3K5.2469.68N/AN/A13972931,927100,821
2023-06-07$44.66$44.0016.0%4.1%15.3%2.3%16.6%6.0%0.0%-16.1M13.7M-731.0K7.5173.33N/AN/A5644,23431,945100,798
2023-06-08$45.20$44.0014.1%4.1%16.0%0.0%14.2%4.2%-0.7%-14.0M-12.4M-705.9K1.3176.94N/AN/A7710132,333102,022
2023-06-09$44.91$45.0012.9%3.8%16.0%0.0%16.9%4.2%0.3%-16.0M-1.6M-709.7K22.3578.60N/AN/A3918,73932,362102,012
2023-06-12$45.39$45.0013.5%3.9%16.5%2.3%13.4%3.6%-0.7%-15.2M-21.3M-678.9K0.8281.06N/AN/A13511132,508109,818
2023-06-13$45.73$45.0013.8%3.5%16.7%3.7%14.6%2.9%-1.4%-12.2M-39.8M-629.7K2.6470.73N/AN/A11430132,599109,858
2023-06-14$46.03$45.0013.4%3.9%16.7%2.2%17.1%-4.1%0.1%-9.4M-51.2M-600.5K8.4984.15N/AN/A2932,48732,616117,772
2023-06-15$46.64$44.0012.9%3.4%17.2%0.0%13.4%2.2%-0.1%-732.1K-74.1M-537.4K0.2872.56N/AN/A2326532,824110,084
2023-06-16$46.72$44.0012.7%3.6%17.2%0.0%10.7%1.3%-0.3%-821.3K-76.5M-537.8K0.5674.82N/AN/A1,50684332,924110,069
2023-06-20$45.34$45.0015.0%4.3%20.2%8.8%20.1%4.7%0.6%-6.1M-10.0M-680.3K27.6251.66N/AN/A1313,61827,29296,306
2023-06-21$45.30$45.0014.4%4.1%20.2%6.7%14.8%4.4%1.0%-7.0M-16.0M-660.1K17.7146.73N/AN/A761,34627,31098,540
2023-06-22$45.03$45.5014.9%4.2%19.3%8.5%15.7%4.2%0.7%-8.3M-7.1M-675.7K35.6844.67N/AN/A1967827,36699,590
2023-06-23$44.36$45.5015.9%4.5%19.0%12.3%17.6%4.4%1.0%-9.6M13.8M-726.6K7.1456.38N/AN/A3512,50627,368100,204
2023-06-26$44.59$45.0016.9%4.7%19.1%16.0%15.6%5.2%0.2%-9.1M5.2M-717.2K48.6761.35N/AN/A361,75227,585101,058
2023-06-27$45.28$45.0015.2%4.2%19.2%9.5%15.7%5.1%0.4%-6.8M-19.1M-646.6K31.5558.98N/AN/A662,08227,605102,785
2023-06-28$45.27$45.0015.0%4.1%18.8%8.9%0.0%4.3%0.1%-6.8M-19.3M-650.1K212.5065.02N/AN/A61,27527,638104,851
2023-06-29$45.22$45.0015.6%4.3%17.6%11.3%14.9%5.1%0.3%-7.2M-16.3M-653.0K198.5968.61N/AN/A224,36927,641106,111
2023-06-30$45.97$45.0014.3%3.9%18.0%6.1%14.2%4.2%-0.1%-5.6M-34.6M-609.5K1.5569.68N/AN/A28043527,634110,326