FIZZ Options History — February 2011

In February 2011, FIZZ traded between $6.22 and $6.83. ATM implied volatility averaged 43.1%, placing in the 13.5% IV rank vs the trailing year. The 30-day expected move averaged 12.4%. IV traded above realized volatility by 13.9% (HV 20d: 29.1%). Max pain ranged from $6.25 to $6.25. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 6 of 19 days. Put/call ratio averaged 0.00.

Notable Days

  • 2011-02-04: Highest Volume — 40 contracts
  • 2011-02-03: Largest IV spike — 17.2% change
  • 2011-02-28: Highest IV Rank — 16.7%
  • 2011-02-28: Largest Expected Move — 13.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.39$6.22$6.83$6.83$6.34
Max Pain$6.25$6.25$6.25$6.25$6.25
ATM IV43.1%34.8%48.3%41.6%48.3%
Expected Move12.4%10.0%13.9%11.9%13.9%
HV 20d29.1%25.8%31.4%26.1%30.9%
HV 60d36.9%36.3%37.1%36.3%36.8%
IV Rank13.5%8.5%16.7%12.6%16.7%
IV Percentile74.9%41.3%84.5%74.6%84.5%
Term Structure-1.6%-13.5%2.4%-13.4%-1.4%
VWIV49.8%49.8%49.8%49.8%49.8%
Skew 25d8.7%-6.1%13.8%13.8%9.1%
Skew 10d13.5%5.7%23.9%23.9%17.7%
Call IV 25d34.5%26.5%47.5%26.5%36.7%
Put IV 25d43.2%39.8%47.8%40.3%45.8%
Bid-Ask Spread %146.76128.70160.58144.51145.73
Gamma HHI0.770.720.840.760.83
Net GEX2.5K1.9K3.1K1.9K3.1K
Net DEX-73.4K-91.1K-58.5K-79.4K-83.8K
Net VEX-443-505-369-389-479
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume6.42104002
Total OI377.684314432314432

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2011-02-01$6.83$6.2541.6%11.9%26.1%12.6%0.0%13.8%-13.4%1.9K-79.4K-3890.00144.51N/AN/A0024470
2011-02-02$6.79$6.2534.8%10.0%25.8%8.5%0.0%-6.1%1.7%1.9K-79.2K-3950.00145.51N/AN/A0024470
2011-02-03$6.53$6.2540.8%11.7%28.9%12.2%0.0%13.6%-13.5%1.9K-66.4K-3860.00145.27N/AN/A0024470
2011-02-04$6.46$0.0038.0%11.6%28.9%10.5%0.0%10.2%1.1%1.9K-58.5K-3690.00134.41N/AN/A40024470
2011-02-07$6.40$0.0041.8%12.4%29.0%12.8%0.0%11.0%-1.0%2.3K-72.7K-4360.00128.70N/AN/A0028470
2011-02-08$6.45$0.0043.2%11.9%29.2%13.6%0.0%10.9%0.4%2.3K-73.2K-4310.00146.24N/AN/A0028470
2011-02-09$6.30$0.0042.1%12.1%30.0%13.0%0.0%9.4%0.4%2.2K-66.8K-4190.00147.15N/AN/A0028470
2011-02-10$6.29$0.0043.1%12.4%29.6%13.6%0.0%7.9%-0.3%2.2K-64.1K-4180.00147.84N/AN/A0028470
2011-02-11$6.25$0.0043.1%12.4%29.6%13.6%0.0%5.3%0.9%2.2K-63.3K-4160.00130.75N/AN/A01028470
2011-02-14$6.25$0.0045.0%12.9%29.6%14.7%0.0%8.0%-1.3%2.2K-59.6K-4230.00148.38N/AN/A30028480
2011-02-15$6.28$0.0043.9%12.6%29.6%14.0%0.0%4.6%-1.8%2.6K-67.8K-4460.00139.01N/AN/A20031480
2011-02-16$6.28$0.0043.8%12.6%28.8%14.0%0.0%8.0%-0.7%2.8K-76.2K-4790.00152.51N/AN/A0033480
2011-02-17$6.30$0.0043.4%12.4%28.8%13.7%0.0%8.4%-1.1%2.9K-77.5K-4750.00152.68N/AN/A01033480
2011-02-18$6.36$0.0041.5%11.9%28.3%12.6%0.0%8.2%2.4%2.7K-79.7K-4930.00154.73N/AN/A0033490
2011-02-22$6.25$0.0046.0%13.2%28.9%15.3%0.0%11.2%-0.4%2.8K-74.9K-4800.00151.41N/AN/A0033488
2011-02-23$6.22$0.0045.9%13.2%28.9%15.3%0.0%11.8%-0.6%2.8K-73.8K-4760.00152.48N/AN/A10033488
2011-02-24$6.43$0.0047.3%13.6%31.4%16.1%0.0%10.8%-1.7%2.9K-91.1K-5050.00160.58N/AN/A0034488
2011-02-25$6.42$0.0044.2%12.7%31.3%14.2%0.0%8.8%-0.4%3.1K-86.5K-4950.00160.48N/AN/A0034488
2011-02-28$6.34$0.0048.3%13.9%30.9%16.7%49.8%9.1%-1.4%3.1K-83.8K-4790.00145.73N/AN/A0234488