FEZ Options History — December 2024

In December 2024, FEZ traded between $48.17 and $50.23. ATM implied volatility averaged 20.5%, placing in the 29.6% IV rank vs the trailing year. The 30-day expected move averaged 4.6%. IV traded above realized volatility by 6.6% (HV 20d: 13.9%). Max pain ranged from $50.00 to $51.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 16.03.

Notable Days

  • 2024-12-03: Highest Volume — 25,688 contracts
  • 2024-12-09: Largest IV spike — 38.3% change
  • 2024-12-03: Highest IV Rank — 60.7%
  • 2024-12-02: Largest Expected Move — 5.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$49.13$48.17$50.23$48.75$48.17
Max Pain$50.14$50.00$51.00$51.00$50.00
ATM IV20.5%12.8%29.1%28.4%23.9%
Expected Move4.6%4.1%5.6%5.6%4.9%
HV 20d13.9%10.6%19.2%19.1%12.5%
HV 60d16.9%15.5%17.7%17.6%15.5%
IV Rank29.6%1.8%60.7%58.2%42.0%
IV Percentile61.7%2.8%94.0%92.9%82.5%
Term Structure-0.4%-11.7%13.7%-1.8%-8.4%
VWIV18.6%14.5%45.7%22.4%20.5%
Skew 25d5.5%-6.2%18.0%4.9%11.6%
Skew 10d2.2%-12.3%12.7%7.9%5.2%
Call IV 25d17.2%9.3%29.8%29.1%14.8%
Put IV 25d22.7%12.0%34.0%34.0%26.4%
Bid-Ask Spread %70.5947.7796.5391.5960.76
Gamma HHI0.370.300.440.350.37
Net GEX-39.9M-49.2M-23.4M-41.3M-46.3M
Net DEX300.7M161.7M399.5M397.6M364.4M
Net VEX-1.0M-1.3M-647.6K-1.2M-647.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio16.030.02219.003.5880.13
Total Volume3,372.28612225,6883,52015,821
Total OI294,740.714272,532311,088280,799273,941

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-12-02$48.75$51.0028.4%5.6%19.1%58.2%22.4%4.9%-1.8%-41.3M397.6M-1.2M3.5891.59N/AN/A7682,75248,526232,273
2024-12-03$48.98$51.0029.1%5.2%19.2%60.7%19.0%3.9%-3.0%-39.5M340.7M-1.1M0.0296.53N/AN/A25,25643249,241234,167
2024-12-04$49.38$51.0026.6%4.9%19.2%51.5%15.7%3.3%-6.7%-35.4M296.2M-1.3M1.0164.57N/AN/A37838374,372234,557
2024-12-05$50.03$50.0024.9%4.4%16.7%45.4%16.8%8.3%-3.2%-31.1M212.6M-1.3M0.0855.66N/AN/A5,77848374,455234,985
2024-12-06$50.23$50.0018.3%4.3%15.4%21.6%15.6%1.4%6.6%-23.4M161.7M-1.2M0.1396.09N/AN/A5,28570979,785231,303
2024-12-09$50.17$50.0025.3%4.3%13.7%46.8%15.4%4.3%-11.7%-30.9M183.6M-1.2M0.7056.38N/AN/A63444474,530230,096
2024-12-10$49.78$50.0020.4%4.3%14.0%29.4%15.3%18.0%-2.4%-32.5M249.9M-1.2M4.7248.66N/AN/A16276474,919230,478
2024-12-11$49.86$50.0023.7%4.2%10.8%41.1%16.0%10.1%-4.7%-32.1M215.4M-1.0M15.7688.59N/AN/A3453674,963230,522
2024-12-12$49.59$50.0018.9%4.1%10.8%24.0%14.5%12.1%-1.8%-37.8M271.6M-1.1M0.1550.91N/AN/A3114674,991230,931
2024-12-13$49.91$50.0020.8%4.1%10.6%30.6%45.7%-0.9%-9.2%-36.2M234.7M-1.1M0.5890.31N/AN/A18710975,242230,976
2024-12-16$49.72$50.0014.7%4.3%10.6%8.7%16.4%3.6%2.9%-37.9M246.0M-978.3K0.5456.82N/AN/A60632775,346230,452
2024-12-17$49.63$50.0015.2%4.2%10.7%10.4%15.5%3.6%8.8%-41.5M261.3M-959.2K6.1253.75N/AN/A1751,07175,896230,753
2024-12-18$48.39$50.0017.8%5.1%14.2%19.8%21.6%2.2%-0.0%-41.6M379.1M-891.8K1.1078.83N/AN/A26128775,979231,542
2024-12-19$48.31$50.0020.4%5.5%13.9%29.4%18.6%4.4%7.0%-45.2M399.5M-960.3K0.9269.16N/AN/A36933976,071226,540
2024-12-20$48.42$50.0019.7%4.6%13.9%26.9%14.6%4.7%8.5%-47.5M376.8M-859.2K0.1390.06N/AN/A2,02326976,448226,678
2024-12-23$48.30$50.0012.8%4.8%14.0%1.8%16.9%5.1%13.7%-46.8M367.7M-833.7K0.5447.77N/AN/A1,14461249,826222,706
2024-12-24$48.55$50.0017.5%4.7%13.8%18.8%16.5%-6.2%-6.4%-47.5M343.2M-828.7K0.1449.49N/AN/A1071550,863223,133
2024-12-26$48.78$50.0017.7%4.5%13.4%19.5%18.2%10.9%-4.8%-49.2M313.5M-743.4K219.0091.08N/AN/A121950,957223,045
2024-12-27$48.54$50.0016.0%4.7%13.5%13.3%17.2%13.4%9.3%-47.3M336.5M-743.7K0.7687.22N/AN/A1007650,957223,040
2024-12-30$48.28$50.0018.6%4.8%12.6%22.6%17.3%-3.3%-1.3%-46.2M363.2M-696.3K0.5958.11N/AN/A97357251,010223,060
2024-12-31$48.17$50.0023.9%4.9%12.5%42.0%20.5%11.6%-8.4%-46.3M364.4M-647.6K80.1360.76N/AN/A19515,62650,936223,005