FIZZ Options History — September 2012

In September 2012, FIZZ traded between $7.22 and $7.64. ATM implied volatility averaged 69.2%, placing in the 30.2% IV rank vs the trailing year. The 30-day expected move averaged 20.3%. IV traded above realized volatility by 46.3% (HV 20d: 22.8%). Max pain ranged from $7.50 to $7.50. Net GEX was positive for 14 of 19 trading days. Term structure was in contango for 16 of 19 days. Put/call ratio averaged 0.00.

Notable Days

  • 2012-09-25: Highest Volume — 18 contracts
  • 2012-09-12: Largest IV spike — 95.2% change
  • 2012-09-05: Highest IV Rank — 96.8%
  • 2012-09-05: Largest Expected Move — 54.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.50$7.22$7.64$7.33$7.58
Max Pain$7.50$7.50$7.50$7.50$7.50
ATM IV69.2%21.0%191.1%114.5%21.0%
Expected Move20.3%6.0%54.8%32.8%6.0%
HV 20d22.8%21.3%25.4%22.1%21.3%
HV 60d27.1%23.3%29.0%27.6%23.5%
IV Rank30.2%4.0%96.8%55.0%4.0%
IV Percentile39.1%2.0%98.8%70.6%2.0%
Term Structure34.5%-131.8%96.2%-2.1%96.2%
VWIV14.8%10.4%19.9%10.4%19.9%
Skew 25d-12.8%-125.4%15.8%11.7%7.5%
Skew 10d-28.6%-157.3%22.4%-6.7%22.4%
Call IV 25d154.6%95.6%181.0%150.9%154.9%
Put IV 25d141.8%10.4%189.9%162.7%162.4%
Bid-Ask Spread %151.93149.22153.18151.54152.20
Gamma HHI0.860.770.990.770.92
Net GEX2.9K-5939.1K2.1K-103
Net DEX-75.8K-92.0K-55.0K-55.0K-70.5K
Net VEX-410-458-354-434-357
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume1.57901800
Total OI332.105310340340310

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2012-09-04$7.33$7.50114.5%32.8%22.1%55.0%0.0%11.7%-2.1%2.1K-55.0K-4340.00151.54N/AN/A0024298
2012-09-05$7.22$7.50191.1%54.8%21.4%96.8%0.0%7.9%-131.8%2.3K-61.2K-4470.00151.10N/AN/A0024298
2012-09-06$7.52$7.5077.0%0.0%25.3%34.5%0.0%14.0%-124.9%2.9K-80.3K-4580.00152.99N/AN/A0024298
2012-09-07$7.50$7.5078.0%22.4%25.4%35.0%0.0%14.0%40.6%3.0K-79.1K-4540.00149.22N/AN/A0024298
2012-09-10$7.51$7.5078.9%22.6%24.7%35.6%0.0%14.6%44.2%3.3K-79.6K-4440.00152.78N/AN/A0024298
2012-09-11$7.49$7.5041.4%22.9%24.2%15.1%0.0%14.8%43.9%3.3K-78.1K-4400.00152.07N/AN/A0024298
2012-09-12$7.53$7.5080.8%23.2%24.0%36.6%0.0%15.0%44.2%3.5K-81.2K-4380.00152.54N/AN/A0024298
2012-09-13$7.53$7.5082.0%23.5%23.9%37.2%0.0%15.2%44.0%3.6K-80.8K-4340.00153.18N/AN/A0024298
2012-09-14$7.43$7.5083.5%23.9%24.4%38.0%0.0%-125.4%43.2%3.9K-73.4K-4270.00152.40N/AN/A0024298
2012-09-17$7.50$7.5087.0%24.9%22.7%39.9%0.0%15.8%43.2%4.7K-78.4K-4180.00152.44N/AN/A0024298
2012-09-18$7.50$7.5088.3%25.3%22.0%40.7%0.0%-30.4%43.2%5.1K-79.4K-4140.00150.50N/AN/A0024298
2012-09-19$7.64$7.5088.8%25.5%21.3%41.0%0.0%-25.6%44.4%4.2K-92.0K-4100.00151.50N/AN/A0024298
2012-09-20$7.54$7.5091.0%26.1%21.7%42.1%0.0%-30.0%43.1%6.5K-83.0K-4040.00152.00N/AN/A0024298
2012-09-21$7.50$7.5021.5%6.2%21.7%4.2%10.4%-97.0%42.5%9.1K-84.9K-3690.00151.44N/AN/A01024298
2012-09-24$7.57$7.5021.7%6.2%21.8%4.3%0.0%-5.3%91.7%-373-71.3K-3650.00151.87N/AN/A00202108
2012-09-25$7.51$7.5022.3%6.4%21.9%4.7%14.0%-65.0%79.8%-355-66.3K-3620.00152.43N/AN/A180202108
2012-09-26$7.54$7.5022.7%6.5%22.0%4.9%19.9%-4.3%76.3%-390-68.5K-3600.00152.81N/AN/A20202108
2012-09-27$7.63$7.5022.8%6.5%22.3%4.9%0.0%9.4%94.1%-593-78.2K-3540.00151.60N/AN/A00202108
2012-09-28$7.58$7.5021.0%6.0%21.3%4.0%0.0%7.5%96.2%-103-70.5K-3570.00152.20N/AN/A00202108