FIZZ Options History — February 2009

In February 2009, FIZZ traded between $4.09 and $4.75. ATM implied volatility averaged 68.5%, placing in the 22.8% IV rank vs the trailing year. The 30-day expected move averaged 19.8%. IV traded below realized volatility by 0.8% (HV 20d: 69.2%). Max pain ranged from $3.75 to $5.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 14 of 19 days. Put/call ratio averaged 0.00.

Notable Days

  • 2009-02-04: Highest Volume — 44 contracts
  • 2009-02-10: Largest IV spike — 20.0% change
  • 2009-02-26: Highest IV Rank — 28.1%
  • 2009-02-26: Largest Expected Move — 22.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.44$4.09$4.75$4.71$4.09
Max Pain$4.74$3.75$5.00$3.75$5.00
ATM IV68.5%59.6%76.6%68.6%68.8%
Expected Move19.8%18.3%22.0%19.7%19.7%
HV 20d69.2%56.9%77.2%72.9%56.9%
HV 60d87.1%73.4%93.4%93.4%73.4%
IV Rank22.8%16.9%28.1%22.8%23.0%
IV Percentile60.8%48.8%71.4%61.9%58.7%
Term Structure21.6%-18.3%122.2%4.6%13.4%
VWIV73.6%73.6%73.6%73.6%73.6%
Bid-Ask Spread %95.2080.05108.7396.29105.12
Gamma HHI0.520.450.600.510.52
Net GEX9835371.5K906894
Net DEX-38.0K-52.3K-12.8K-40.8K-12.8K
Net VEX-438-504-366-432-368
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume6.947044120
Total OI774.842670848748688

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2009-02-02$4.71$3.7568.6%19.7%72.9%22.8%0.0%0.0%4.6%906-40.8K-4320.0096.29N/AN/A120358390
2009-02-03$4.75$3.7568.7%19.7%72.8%22.9%0.0%0.0%2.3%582-47.9K-4760.00102.36N/AN/A00370390
2009-02-04$4.53$3.7565.4%18.7%73.6%20.7%0.0%0.0%3.3%537-37.7K-4920.0098.84N/AN/A440370390
2009-02-05$4.62$3.7569.2%19.8%73.2%23.2%0.0%0.0%-5.2%937-47.1K-5040.00105.86N/AN/A20414390
2009-02-06$4.70$5.0059.6%18.3%73.3%16.9%0.0%0.0%55.6%1.1K-52.3K-4720.0083.11N/AN/A00416390
2009-02-09$4.62$5.0061.2%18.9%72.6%18.0%0.0%0.0%2.9%1.5K-51.8K-4730.0080.05N/AN/A00416390
2009-02-10$4.38$5.0073.5%20.5%74.8%26.1%0.0%0.0%-6.4%1.2K-36.6K-4440.0085.51N/AN/A00416390
2009-02-11$4.62$5.0065.5%20.0%76.5%20.8%0.0%0.0%50.7%1.0K-48.7K-4780.0087.31N/AN/A00416390
2009-02-12$4.60$5.0070.9%20.3%75.8%24.3%0.0%0.0%15.4%1.3K-51.1K-4800.0087.68N/AN/A00416390
2009-02-13$4.59$5.0069.7%20.0%75.8%23.6%0.0%0.0%-18.3%1.4K-43.1K-4450.0085.35N/AN/A420416390
2009-02-17$4.40$5.0070.7%20.3%77.2%24.2%0.0%0.0%28.1%803-40.6K-4670.0086.53N/AN/A00458390
2009-02-18$4.29$5.0070.9%20.3%73.0%24.3%0.0%0.0%2.3%1.4K-36.6K-3930.0094.92N/AN/A00458390
2009-02-19$4.33$5.0064.2%18.4%64.7%19.9%73.6%0.0%122.2%784-45.1K-4440.0097.22N/AN/A120458390
2009-02-20$4.34$5.0065.2%18.7%61.6%20.6%0.0%0.0%113.4%751-39.9K-4570.00101.92N/AN/A00458390
2009-02-23$4.13$5.0071.7%20.6%64.0%24.9%0.0%0.0%6.8%864-16.7K-3660.0094.56N/AN/A200370300
2009-02-24$4.31$5.0068.7%19.7%59.0%22.9%0.0%0.0%21.0%1.1K-21.0K-3870.00101.09N/AN/A00388300
2009-02-25$4.13$5.0071.9%20.6%59.3%25.0%0.0%0.0%-0.6%840-24.8K-3780.00106.38N/AN/A00388300
2009-02-26$4.18$5.0076.6%22.0%58.3%28.1%0.0%0.0%-1.0%894-28.3K-3740.00108.73N/AN/A00388300
2009-02-27$4.09$5.0068.8%19.7%56.9%23.0%0.0%0.0%13.4%894-12.8K-3680.00105.12N/AN/A00388300