FEZ Options History — September 2024

In September 2024, FEZ traded between $50.17 and $53.86. ATM implied volatility averaged 20.7%, placing in the 30.4% IV rank vs the trailing year. The 30-day expected move averaged 4.6%. IV traded above realized volatility by 4.8% (HV 20d: 15.9%). Max pain ranged from $50.00 to $52.00. Net GEX was positive for 8 of 20 trading days. Term structure was in contango for 6 of 20 days. Put/call ratio averaged 2.41.

Notable Days

  • 2024-09-12: Highest Volume — 943 contracts
  • 2024-09-26: Largest IV spike — 20.9% change
  • 2024-09-04: Highest IV Rank — 71.4%
  • 2024-09-06: Largest Expected Move — 5.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$51.76$50.17$53.86$51.53$53.19
Max Pain$50.20$50.00$52.00$52.00$50.00
ATM IV20.7%15.2%32.1%27.8%22.1%
Expected Move4.6%3.9%5.7%4.8%4.9%
HV 20d15.9%13.8%20.1%14.0%20.1%
HV 60d17.7%16.7%18.7%18.7%18.4%
IV Rank30.4%10.4%71.4%56.0%35.3%
IV Percentile67.7%36.1%98.0%95.2%81.7%
Term Structure-2.1%-11.1%12.9%-6.5%-2.0%
VWIV17.6%14.2%32.0%16.5%16.2%
Skew 25d4.5%-3.3%13.9%3.4%-3.3%
Skew 10d6.5%-5.2%19.5%3.2%-3.9%
Call IV 25d18.3%10.9%30.5%26.4%20.8%
Put IV 25d22.7%17.5%35.3%29.8%17.5%
Bid-Ask Spread %99.3685.58118.1695.94103.73
Gamma HHI0.310.240.470.260.40
Net GEX-19.8K-1.2M1.3M-485.3K1.0M
Net DEX-8.5M-34.1M13.0M-3.5M-28.3M
Net VEX-278.7K-309.8K-238.7K-309.8K-245.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.410.0811.571.700.98
Total Volume386.6541943297109
Total OI47,11446,08048,29346,08047,177

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-09-03$51.53$52.0027.8%4.8%14.0%56.0%16.5%3.4%-6.5%-485.3K-3.5M-309.8K1.7095.94N/AN/A11018714,01632,064
2024-09-04$51.30$52.0032.1%5.2%14.3%71.4%16.7%3.1%-11.1%-489.6K-2.0M-288.8K0.0892.67N/AN/A59514,02632,167
2024-09-05$51.13$50.0030.3%3.9%14.5%65.2%17.0%4.8%-4.9%-608.8K-844.1K-294.7K1.0797.30N/AN/A566014,03032,171
2024-09-06$50.17$50.0024.7%5.7%15.8%44.7%24.1%8.0%-6.9%-1.2M8.8M-285.1K8.8788.21N/AN/A8373614,06732,211
2024-09-09$50.55$50.0025.6%4.8%16.0%47.9%17.8%13.9%-7.3%-1.1M6.4M-294.4K0.5685.58N/AN/A1267014,00532,387
2024-09-10$50.17$50.0022.6%5.2%16.2%37.3%20.0%9.3%-6.5%-1.0M13.0M-294.9K4.1686.44N/AN/A14459914,13832,406
2024-09-11$50.70$50.0019.1%4.8%15.8%24.4%18.2%2.6%-1.9%-643.7K624.4K-291.2K0.7590.81N/AN/A52139114,24532,914
2024-09-12$51.09$50.0017.7%4.7%15.8%19.7%16.3%8.4%1.0%-483.2K-1.7M-302.1K11.5793.18N/AN/A7586814,53033,268
2024-09-13$51.30$50.0015.9%4.7%14.6%13.0%16.5%4.5%2.8%-163.2K-5.4M-270.6K7.1996.40N/AN/A8057514,59033,279
2024-09-16$51.59$50.0016.3%4.5%14.6%14.3%16.6%4.0%1.7%-241.3K-4.6M-287.8K0.2586.63N/AN/A1142814,60133,258
2024-09-17$51.55$50.0015.7%4.5%13.8%12.5%16.3%3.5%1.9%-16.0K-45.5K-293.2K0.4096.20N/AN/A903614,69233,307
2024-09-18$51.52$50.0015.5%4.4%13.8%11.5%16.1%5.2%12.9%-442.6K-5.7M-292.6K0.72106.60N/AN/A886314,78133,318
2024-09-19$52.70$50.0015.2%4.3%15.8%10.4%15.1%3.9%-0.4%689.5K-18.4M-259.8K0.08100.95N/AN/A5474414,77433,368
2024-09-20$52.11$50.0015.7%4.4%16.0%12.3%17.7%3.8%-2.4%376.0K-8.8M-292.4K2.71105.53N/AN/A21257514,90633,387
2024-09-23$51.94$50.0015.8%4.2%15.1%12.5%32.0%7.5%1.6%532.6K-10.6M-286.1K0.45107.61N/AN/A311414,64332,103
2024-09-24$52.70$50.0016.3%4.3%16.0%14.5%15.2%-1.5%-2.6%900.6K-24.0M-240.4K0.95118.05N/AN/A212014,67432,116
2024-09-25$52.22$50.0019.2%4.4%16.3%25.0%14.2%5.4%-4.5%391.7K-17.8M-263.2K1.82107.97N/AN/A173114,69432,127
2024-09-26$53.83$50.0023.2%4.1%19.5%39.5%15.8%-1.5%-1.7%1.3M-34.1M-238.7K0.39118.16N/AN/A1345214,71132,144
2024-09-27$53.86$50.0023.3%4.1%19.5%39.8%14.3%4.5%-4.7%1.3M-33.1M-243.1K3.59109.21N/AN/A16659614,79632,189
2024-09-30$53.19$50.0022.1%4.9%20.1%35.3%16.2%-3.3%-2.0%1.0M-28.3M-245.8K0.98103.73N/AN/A555414,93332,244