FEZ Options History — October 2023

In October 2023, FEZ traded between $40.25 and $42.61. ATM implied volatility averaged 20.7%, placing in the 35.4% IV rank vs the trailing year. The 30-day expected move averaged 6.0%. IV traded above realized volatility by 3.6% (HV 20d: 17.0%). Max pain ranged from $43.00 to $44.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 12 of 22 days. Put/call ratio averaged 26.30.

Notable Days

  • 2023-10-20: Highest Volume — 24,718 contracts
  • 2023-10-18: Largest IV spike — 11.7% change
  • 2023-10-19: Highest IV Rank — 46.1%
  • 2023-10-19: Largest Expected Move — 6.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$41.35$40.25$42.61$41.23$41.13
Max Pain$43.05$43.00$44.00$43.00$43.00
ATM IV20.7%19.1%22.9%20.2%19.6%
Expected Move6.0%5.3%6.6%5.9%5.8%
HV 20d17.0%14.2%18.9%14.3%17.5%
HV 60d15.8%14.9%16.4%16.0%15.7%
IV Rank35.4%26.3%46.1%30.9%34.1%
IV Percentile54.8%40.5%71.0%48.4%46.8%
Term Structure-0.1%-1.0%0.9%-0.1%0.2%
VWIV20.9%17.6%26.4%19.9%19.0%
Skew 25d6.0%5.1%7.2%6.4%5.3%
Skew 10d12.0%10.2%14.4%12.7%10.2%
Call IV 25d17.9%16.6%19.9%16.8%17.1%
Put IV 25d23.9%21.9%27.0%23.2%22.3%
Bid-Ask Spread %34.712.7780.2274.993.78
Gamma HHI0.170.130.250.170.18
Net GEX-4.9M-7.8M-1.5M-5.5M-1.5M
Net DEX20.1M-28.3M58.3M37.5M15.5M
Net VEX-665.8K-706.0K-631.6K-688.8K-638.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio26.300.01160.46159.252.53
Total Volume5,401.59121024,71816,025240
Total OI169,339.545121,735209,199184,196142,597

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-10-02$41.23$43.0020.2%5.9%14.3%30.9%19.9%6.4%-0.1%-5.5M37.5M-688.8K159.2574.99N/AN/A10015,925109,21574,981
2023-10-03$40.91$43.0021.9%6.3%14.2%37.5%22.4%6.8%0.1%-5.1M40.3M-699.9K10.8171.69N/AN/A1421,535109,22375,294
2023-10-04$41.31$43.0020.8%5.9%14.9%33.0%20.1%6.7%-0.0%-5.2M27.6M-706.0K42.3375.10N/AN/A15635109,21476,159
2023-10-05$41.45$44.0020.3%6.0%14.9%31.2%17.7%5.9%0.2%-5.2M23.3M-686.9K0.3980.22N/AN/A1,156448109,21775,871
2023-10-06$42.13$43.0019.4%5.6%16.2%27.4%21.8%5.6%-0.2%-4.4M-3.9M-675.0K50.6876.90N/AN/A1778,971109,21075,472
2023-10-09$41.67$43.0021.1%5.8%15.8%34.6%20.6%5.6%-0.7%-4.4M6.2M-667.7K160.4614.64N/AN/A528,344109,21475,317
2023-10-10$42.38$43.0019.1%5.8%17.2%26.3%21.0%5.3%0.9%-3.7M-19.1M-641.5K1.6310.05N/AN/A1,4572,368109,25876,909
2023-10-11$42.61$43.0019.3%5.3%17.1%27.0%18.7%5.4%-0.9%-3.3M-28.3M-631.6K0.263.19N/AN/A1,065272109,68178,239
2023-10-12$42.06$43.0019.3%5.5%17.0%27.1%17.6%5.1%-0.2%-4.2M-9.7M-651.3K2.473.10N/AN/A101249110,52678,409
2023-10-13$41.41$43.0020.9%6.1%17.6%33.8%19.2%6.0%0.5%-4.9M16.4M-669.8K0.8513.62N/AN/A2,2201,893110,61178,585
2023-10-16$41.88$43.0019.9%5.7%18.1%31.0%19.2%5.9%-0.7%-5.0M-953.6K-640.9K3.7110.20N/AN/A187694110,39678,431
2023-10-17$41.89$43.0019.9%5.7%18.0%31.3%21.7%5.9%-0.6%-5.1M2.8M-652.2K41.002.77N/AN/A5205110,49778,891
2023-10-18$41.14$43.0022.3%6.4%18.9%43.1%26.4%6.5%-1.0%-6.9M30.4M-651.3K41.0076.17N/AN/A13533110,50279,179
2023-10-19$40.98$43.0022.9%6.6%18.3%46.1%21.3%7.2%-0.8%-7.8M36.2M-651.8K0.0863.86N/AN/A15,1691,177110,49878,358
2023-10-20$40.70$43.0022.4%6.4%18.4%43.9%26.0%6.3%0.2%-4.0M50.0M-641.5K7.5659.68N/AN/A2,88721,831130,51478,685
2023-10-23$40.98$43.0021.5%6.4%18.4%41.7%24.1%6.4%0.2%-6.1M35.7M-699.5K13.069.25N/AN/A1431,86838,64085,644
2023-10-24$41.16$43.0020.4%6.1%17.8%37.0%21.0%6.0%0.1%-5.9M26.6M-679.7K22.276.59N/AN/A1132,51638,77084,691
2023-10-25$40.86$43.0020.7%6.2%18.0%39.1%20.8%5.4%0.2%-5.6M34.1M-682.8K16.8442.86N/AN/A4982538,86782,868
2023-10-26$40.64$43.0021.2%6.2%17.2%41.6%20.0%5.9%0.2%-6.3M40.8M-677.9K1.166.70N/AN/A73685738,89683,307
2023-10-27$40.25$43.0021.8%6.5%17.4%44.9%19.3%5.8%0.4%-6.3M58.3M-664.3K0.0149.91N/AN/A20,31930238,89883,533
2023-10-30$40.97$43.0020.1%6.0%17.6%36.2%22.6%6.1%0.1%-1.8M23.6M-648.8K0.268.31N/AN/A82421758,69983,504
2023-10-31$41.13$43.0019.6%5.8%17.5%34.1%19.0%5.3%0.2%-1.5M15.5M-638.3K2.533.78N/AN/A6817258,99083,607