FEZ Options History — April 2024

In April 2024, FEZ traded between $50.02 and $52.69. ATM implied volatility averaged 17.4%, placing in the 47.0% IV rank vs the trailing year. The 30-day expected move averaged 4.7%. IV traded above realized volatility by 4.0% (HV 20d: 13.4%). Max pain ranged from $48.00 to $52.00. Net GEX was positive for 5 of 22 trading days. Term structure was in contango for 13 of 22 days. Put/call ratio averaged 2.08.

Notable Days

  • 2024-04-15: Highest Volume — 6,431 contracts
  • 2024-04-25: Largest IV spike — 25.4% change
  • 2024-04-30: Highest IV Rank — 100.0%
  • 2024-04-15: Largest Expected Move — 5.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$51.27$50.02$52.69$52.69$50.58
Max Pain$49.55$48.00$52.00$52.00$50.00
ATM IV17.4%13.8%23.6%13.9%23.6%
Expected Move4.7%4.0%5.4%4.0%4.9%
HV 20d13.4%11.9%15.7%12.8%15.7%
HV 60d13.6%13.0%13.9%13.2%13.9%
IV Rank47.0%13.1%100.0%13.3%100.0%
IV Percentile60.8%15.1%100.0%17.1%100.0%
Term Structure0.7%-3.1%7.9%0.6%-1.2%
VWIV16.5%13.7%21.3%13.7%17.4%
Skew 25d4.5%-1.4%13.3%2.2%13.3%
Skew 10d8.1%-4.6%17.3%7.2%15.1%
Call IV 25d17.3%13.0%25.8%13.0%24.5%
Put IV 25d21.9%13.7%37.9%15.2%37.9%
Bid-Ask Spread %86.0165.86111.8095.61111.48
Gamma HHI0.210.110.330.110.25
Net GEX-996.1K-4.0M958.9K-826.9K-350.8K
Net DEX-6.8M-20.1M4.5M-10.3M-6.9M
Net VEX-150.6K-184.1K-122.1K-141.1K-159.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.080.0417.400.961.69
Total Volume768.091326,4319243
Total OI40,307.22735,48147,45540,52435,494

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-04-01$52.69$52.0013.9%4.0%12.8%13.3%13.7%2.2%0.6%-826.9K-10.3M-141.1K0.9695.61N/AN/A47455,86734,657
2024-04-02$52.02$52.0014.5%4.1%13.8%19.9%14.3%2.3%-0.2%-1.7M-3.7M-174.0K0.5690.74N/AN/A134755,90134,698
2024-04-03$52.50$52.0013.8%4.0%13.6%13.1%13.9%2.9%0.2%-1.0M-8.5M-153.1K0.1888.17N/AN/A90165,98334,694
2024-04-04$51.94$48.0015.8%4.3%13.5%32.4%14.9%1.9%-0.1%-1.8M-6.7M-130.6K0.2770.09N/AN/A147395,96134,699
2024-04-05$51.97$48.0015.4%4.3%12.0%28.4%15.7%2.9%-0.6%-1.4M-8.1M-124.7K1.2366.83N/AN/A4445476,03434,713
2024-04-08$52.36$48.0014.8%4.3%11.9%22.8%14.1%3.1%0.2%-713.6K-10.9M-133.5K0.6373.57N/AN/A30196,10034,572
2024-04-09$51.95$48.0015.4%4.4%12.2%28.4%15.7%2.5%0.0%-1.4M-8.9M-124.0K0.6070.21N/AN/A106646,10834,581
2024-04-10$51.36$48.0015.9%4.6%12.2%32.8%17.0%3.3%0.1%-1.9M-4.2M-141.0K2.2170.75N/AN/A1683726,12734,608
2024-04-11$51.36$48.0015.6%4.6%12.0%30.2%16.3%3.9%0.7%-1.7M-4.8M-140.1K0.2565.86N/AN/A1,3873516,17634,479
2024-04-12$50.33$48.0019.6%5.2%13.5%68.1%17.6%3.8%0.6%-4.0M4.5M-150.3K3.2571.20N/AN/A3841,2486,36334,378
2024-04-15$50.28$48.0018.6%5.4%13.3%59.2%18.0%4.0%-1.3%-3.1M3.1M-154.9K1.0273.36N/AN/A3,1763,2556,59034,547
2024-04-16$50.25$50.0019.4%5.4%13.2%66.2%19.3%3.7%-1.9%-2.8M4.0M-184.1K0.5483.54N/AN/A9945339,73537,667
2024-04-17$50.20$50.0017.9%5.1%13.2%52.2%21.3%3.7%2.0%-1.1M-115.0K-165.7K17.4071.14N/AN/A58710,26637,161
2024-04-18$50.20$50.0017.9%5.2%11.9%52.8%18.4%3.5%-0.6%-803.3K1.6M-183.6K0.0474.23N/AN/A1,0363910,26537,180
2024-04-19$50.02$50.0020.9%5.2%11.9%80.8%18.4%5.0%0.4%-570.4K-191.7K-164.4K1.2895.70N/AN/A42554310,42137,034
2024-04-22$50.66$50.0017.4%4.6%12.9%47.8%16.3%2.5%7.3%-39.8K-7.7M-165.0K0.33100.70N/AN/A67229,39326,107
2024-04-23$51.66$50.0019.2%4.5%14.8%64.5%16.0%8.6%-3.1%667.6K-15.7M-159.0K0.52102.55N/AN/A173909,43126,103
2024-04-24$51.39$50.0016.8%4.5%14.8%41.8%15.8%4.9%-2.2%602.1K-15.4M-156.5K0.26100.30N/AN/A3499,62026,118
2024-04-25$51.09$50.0021.1%4.8%14.6%82.9%16.5%12.3%4.3%409.8K-12.5M-155.6K0.36101.05N/AN/A47179,62026,125
2024-04-26$51.66$50.0016.0%4.4%15.3%33.7%15.8%-1.4%2.0%958.9K-20.1M-122.1K5.27103.43N/AN/A894699,62126,081
2024-04-29$51.45$50.0018.9%4.5%15.3%61.5%17.0%10.4%7.9%635.2K-17.8M-129.9K7.00111.80N/AN/A4289,45726,024
2024-04-30$50.58$50.0023.6%4.9%15.7%100.0%17.4%13.3%-1.2%-350.8K-6.9M-159.8K1.69111.48N/AN/A16279,45626,038