FIZZ Options History — August 2009

In August 2009, FIZZ traded between $5.07 and $5.66. ATM implied volatility averaged 40.4%, placing in the 6.6% IV rank vs the trailing year. The 30-day expected move averaged 11.7%. IV traded above realized volatility by 9.1% (HV 20d: 31.3%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 17 of 21 days.

Notable Days

  • 2009-08-05: Largest IV spike — 162.6% change
  • 2009-08-05: Highest IV Rank — 39.0%
  • 2009-08-05: Largest Expected Move — 26.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.41$5.07$5.66$5.33$5.07
Max Pain$5.00$5.00$5.00$5.00$5.00
ATM IV40.4%31.1%91.0%35.8%41.4%
Expected Move11.7%8.9%26.1%10.3%11.9%
HV 20d31.3%29.1%36.0%34.1%36.0%
HV 60d37.0%35.3%37.7%37.3%37.3%
IV Rank6.6%0.5%39.0%3.6%7.2%
IV Percentile8.0%0.4%73.0%2.0%11.5%
Term Structure3.4%-31.1%13.4%11.0%-7.9%
Bid-Ask Spread %137.0271.20192.13131.05172.62
Gamma HHI0.780.690.850.690.77
Net GEX1.4K1.2K1.6K1.4K1.2K
Net DEX-55.2K-66.4K-37.6K-52.1K-37.6K
Net VEX-267-288-215-276-215
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI256.857254258258254

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2009-08-03$5.33$5.0035.8%10.3%34.1%3.6%0.0%0.0%11.0%1.4K-52.1K-2760.00131.05N/AN/A0023622
2009-08-04$5.42$5.0034.6%9.9%30.4%2.8%0.0%0.0%11.4%1.4K-56.6K-2880.00106.05N/AN/A0023622
2009-08-05$5.31$5.0091.0%26.1%31.5%39.0%0.0%0.0%-31.1%1.3K-53.2K-2840.00192.13N/AN/A0023622
2009-08-06$5.24$5.0046.9%13.4%31.4%10.7%0.0%0.0%-16.8%1.3K-49.1K-2760.00117.86N/AN/A0023622
2009-08-07$5.41$0.0038.3%12.5%33.1%5.2%0.0%0.0%2.9%1.5K-55.8K-2850.0080.26N/AN/A0023622
2009-08-10$5.49$0.0045.4%13.9%32.7%9.7%0.0%0.0%-2.9%1.5K-59.6K-2820.0071.20N/AN/A0023622
2009-08-11$5.54$0.0040.2%12.4%32.1%6.4%0.0%0.0%5.4%1.5K-63.8K-2880.00126.21N/AN/A0023622
2009-08-12$5.46$0.0043.8%10.6%31.9%8.7%0.0%0.0%1.4%1.4K-59.7K-2790.00135.58N/AN/A0023622
2009-08-13$5.50$0.0039.2%11.2%31.8%5.7%0.0%0.0%13.2%1.5K-58.9K-2730.00109.52N/AN/A0023622
2009-08-14$5.30$0.0041.3%11.8%31.8%7.1%0.0%0.0%2.7%1.4K-50.9K-2640.00143.35N/AN/A0023622
2009-08-17$5.33$0.0037.7%10.8%29.5%4.8%0.0%0.0%11.2%1.5K-50.4K-2550.00150.97N/AN/A0023622
2009-08-18$5.33$0.0040.5%11.6%29.1%6.6%0.0%0.0%5.1%1.4K-51.7K-2560.00148.48N/AN/A0023622
2009-08-19$5.43$0.0038.3%11.0%29.5%5.2%0.0%0.0%13.4%1.4K-57.3K-2700.00119.50N/AN/A0023622
2009-08-20$5.66$0.0031.1%8.9%33.0%0.5%0.0%0.0%13.2%1.6K-66.4K-2740.00158.97N/AN/A0023622
2009-08-21$5.58$0.0035.7%10.2%32.7%3.5%0.0%0.0%5.6%1.5K-64.4K-2770.00135.27N/AN/A0023622
2009-08-24$5.50$0.0031.9%9.2%29.1%1.1%0.0%0.0%11.5%1.5K-56.4K-2580.00155.06N/AN/A0023222
2009-08-25$5.46$0.0032.5%9.3%29.2%1.4%0.0%0.0%8.1%1.5K-55.0K-2540.00146.96N/AN/A0023222
2009-08-26$5.48$0.0033.9%9.7%29.1%2.3%0.0%0.0%5.7%1.5K-55.3K-2550.00157.97N/AN/A0023222
2009-08-27$5.50$0.0034.2%9.8%29.1%2.6%0.0%0.0%4.2%1.5K-55.6K-2550.00156.34N/AN/A0023222
2009-08-28$5.34$0.0035.7%10.2%30.7%3.5%0.0%0.0%4.5%1.4K-49.3K-2430.00162.00N/AN/A0023222
2009-08-31$5.07$0.0041.4%11.9%36.0%7.2%0.0%0.0%-7.9%1.2K-37.6K-2150.00172.62N/AN/A0023222