FIZZ Options History — November 2009

In November 2009, FIZZ traded between $5.33 and $5.64. ATM implied volatility averaged 38.4%, placing in the 8.4% IV rank vs the trailing year. The 30-day expected move averaged 11.0%. IV traded above realized volatility by 2.0% (HV 20d: 36.4%). Max pain ranged from $6.25 to $6.25. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 17 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2009-11-24: Highest Volume — 20 contracts
  • 2009-11-13: Largest IV spike — 45.7% change
  • 2009-11-27: Highest IV Rank — 14.4%
  • 2009-11-27: Largest Expected Move — 13.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.49$5.33$5.64$5.54$5.38
Max Pain$6.25$6.25$6.25$6.25$6.25
ATM IV38.4%26.5%46.8%39.3%33.4%
Expected Move11.0%7.6%13.4%11.3%9.6%
HV 20d36.4%28.6%38.8%28.6%37.4%
HV 60d37.3%35.1%38.6%35.6%35.4%
IV Rank8.4%0.6%14.4%8.6%5.3%
IV Percentile18.8%0.4%34.9%18.3%9.5%
Term Structure3.6%-17.7%12.2%-10.5%5.7%
Bid-Ask Spread %107.7188.97200.00128.14102.62
Gamma HHI0.680.630.980.660.63
Net GEX1.8K1.3K2.0K1.7K1.7K
Net DEX-31.7K-40.1K-18.3K-32.6K-27.0K
Net VEX-158-187-99-183-137
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume1.702002
Total OI226.9152234232234

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2009-11-02$5.54$6.2539.3%11.3%28.6%8.6%0.0%0.0%-10.5%1.7K-32.6K-1830.00128.14N/AN/A0019834
2009-11-03$5.63$6.2535.8%10.3%29.0%6.4%0.0%0.0%3.4%1.7K-36.2K-1870.0099.64N/AN/A0019834
2009-11-04$5.33$6.2536.2%10.4%33.7%6.6%0.0%0.0%1.7%1.7K-26.1K-1660.00100.14N/AN/A0019834
2009-11-05$5.64$6.2534.2%9.8%38.7%5.4%0.0%0.0%9.6%1.7K-37.0K-1860.0098.34N/AN/A0019834
2009-11-06$5.52$0.0041.5%12.7%38.8%9.9%0.0%0.0%1.2%1.7K-32.3K-1770.0098.57N/AN/A0019834
2009-11-09$5.51$0.0040.6%12.4%38.6%9.4%0.0%0.0%0.6%1.8K-30.5K-1630.0099.74N/AN/A0019834
2009-11-10$5.51$0.0044.2%12.1%38.3%11.6%0.0%0.0%4.9%1.8K-32.4K-1640.0088.97N/AN/A0019834
2009-11-11$5.57$0.0041.6%10.6%38.5%10.0%0.0%0.0%12.2%1.8K-32.8K-1680.0097.26N/AN/A0819834
2009-11-12$5.38$0.0026.5%7.6%37.7%0.6%0.0%0.0%11.7%1.3K-18.3K-990.00200.00N/AN/A001448
2009-11-13$5.52$0.0038.6%11.1%37.9%8.7%0.0%0.0%10.9%1.9K-29.8K-1570.0098.80N/AN/A0219834
2009-11-16$5.56$0.0041.1%11.8%37.5%10.4%0.0%0.0%-4.9%1.8K-33.6K-1630.00109.41N/AN/A2019834
2009-11-17$5.57$0.0039.6%11.4%37.3%9.5%0.0%0.0%6.6%1.9K-33.1K-1620.00106.26N/AN/A0020034
2009-11-18$5.50$0.0038.6%11.1%37.0%8.9%0.0%0.0%7.8%1.9K-29.9K-1540.00106.44N/AN/A0020034
2009-11-19$5.42$0.0037.6%10.8%37.3%8.2%0.0%0.0%10.8%1.8K-28.4K-1480.00105.03N/AN/A0020034
2009-11-20$5.42$0.0039.6%11.4%36.0%9.5%0.0%0.0%7.6%1.9K-27.0K-1460.0089.06N/AN/A0020034
2009-11-23$5.47$0.0041.4%11.9%36.2%10.7%0.0%0.0%4.5%1.9K-38.6K-1390.0090.69N/AN/A0020014
2009-11-24$5.50$0.0035.4%10.2%36.1%6.7%0.0%0.0%3.2%2.0K-40.1K-1470.00102.38N/AN/A02020014
2009-11-25$5.51$0.0035.8%10.3%36.2%6.9%0.0%0.0%3.4%1.9K-37.4K-1690.00117.61N/AN/A0020034
2009-11-27$5.33$0.0046.8%13.4%37.7%14.4%0.0%0.0%-17.7%1.8K-30.1K-1500.00115.09N/AN/A0020034
2009-11-30$5.38$0.0033.4%9.6%37.4%5.3%0.0%0.0%5.7%1.7K-27.0K-1370.00102.62N/AN/A0220034