FIZZ Options History — June 2008

In June 2008, FIZZ traded between $3.50 and $3.89. ATM implied volatility averaged 55.9%, placing in the 25.7% IV rank vs the trailing year. The 30-day expected move averaged 15.9%. IV traded above realized volatility by 15.6% (HV 20d: 40.2%). Max pain ranged from $3.75 to $3.75. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2008-06-12: Highest Volume — 144 contracts
  • 2008-06-09: Largest IV spike — 123.3% change
  • 2008-06-26: Highest IV Rank — 55.2%
  • 2008-06-26: Largest Expected Move — 21.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.62$3.50$3.89$3.68$3.63
Max Pain$3.75$3.75$3.75$3.75$3.75
ATM IV55.9%41.2%92.2%62.6%52.9%
Expected Move15.9%11.8%21.5%18.0%15.2%
HV 20d40.2%36.2%45.8%40.9%40.1%
HV 60d43.4%41.7%45.1%43.6%43.1%
IV Rank25.7%5.8%55.2%22.9%25.7%
IV Percentile44.3%4.1%98.8%84.1%41.3%
Term Structure-4.4%-23.2%7.2%-8.3%7.2%
VWIV52.0%50.4%54.4%54.4%50.4%
Bid-Ask Spread %115.7839.36166.41166.41160.66
Gamma HHI0.580.350.840.380.84
Net GEX9424011.5K5701.5K
Net DEX6.0K-11.8K23.4K764-5.7K
Net VEX-233-278-177-278-225
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume15.4290144036
Total OI811.524764878780878

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2008-06-02$3.68$3.7562.6%18.0%40.9%22.9%0.0%0.0%-8.3%570764-2780.00166.41N/AN/A00370410
2008-06-03$3.65$3.7541.2%11.8%39.5%5.8%0.0%0.0%4.3%7244.5K-2550.00103.68N/AN/A00370410
2008-06-04$3.73$3.7544.5%12.8%40.3%8.5%0.0%0.0%5.3%8152.7K-2610.0088.11N/AN/A00370410
2008-06-05$3.89$3.7547.4%13.6%43.0%10.8%0.0%0.0%6.3%1.3K-11.8K-2660.00112.71N/AN/A00370410
2008-06-06$3.65$3.7541.3%12.0%45.8%5.9%0.0%0.0%-6.6%82314.0K-2300.00156.96N/AN/A00370410
2008-06-09$3.63$3.7592.2%15.8%44.6%46.3%54.4%0.0%-0.1%4978.3K-2470.00147.58N/AN/A660370410
2008-06-10$3.68$3.7543.4%14.3%43.8%7.6%0.0%0.0%1.9%8429.1K-2320.00102.23N/AN/A00364410
2008-06-11$3.59$3.7549.0%20.2%44.0%12.0%0.0%0.0%-17.4%6474.5K-2580.00118.32N/AN/A00364410
2008-06-12$3.62$3.7551.1%14.6%43.5%23.2%51.1%0.0%2.9%88211.8K-2200.0091.81N/AN/A1440364400
2008-06-13$3.63$3.7554.5%15.6%43.2%27.8%0.0%0.0%-2.2%1.5K-1.6K-2610.0095.47N/AN/A00438400
2008-06-16$3.58$3.7552.3%15.0%39.8%24.8%0.0%0.0%0.8%1.4K1.8K-2390.0094.95N/AN/A00438400
2008-06-17$3.55$3.7551.4%14.7%38.1%23.6%0.0%0.0%0.3%1.2K11.8K-2230.0096.77N/AN/A00438400
2008-06-18$3.53$3.7550.9%14.6%37.2%22.9%0.0%0.0%1.4%1.2K11.0K-2160.0095.51N/AN/A00438400
2008-06-19$3.54$3.7573.3%21.0%37.3%53.1%0.0%0.0%-20.1%4018.5K-2260.00159.22N/AN/A00438400
2008-06-20$3.50$3.7571.5%20.5%36.2%50.7%0.0%0.0%-23.2%63617.6K-1990.00134.86N/AN/A00438400
2008-06-23$3.64$3.7553.9%15.5%37.3%27.0%0.0%0.0%-17.1%95123.4K-1770.00120.34N/AN/A300400400
2008-06-24$3.65$3.7549.6%14.2%36.3%21.2%50.4%0.0%0.6%1.1K8.6K-2150.0099.45N/AN/A80430400
2008-06-25$3.67$3.7550.5%14.5%36.3%22.4%0.0%0.0%-2.7%1.2K-5.6K-2300.0039.36N/AN/A00438400
2008-06-26$3.52$3.7574.9%21.5%39.6%55.2%0.0%0.0%-12.5%71652-2320.00128.54N/AN/A400438400
2008-06-27$3.51$3.7564.7%18.6%38.4%41.5%0.0%0.0%-12.2%90513.4K-1980.00118.53N/AN/A00438400
2008-06-30$3.63$3.7552.9%15.2%40.1%25.7%0.0%0.0%7.2%1.5K-5.7K-2250.00160.66N/AN/A360478400