FIZZ Options History — March 2013

In March 2013, FIZZ traded between $6.76 and $7.08. ATM implied volatility averaged 23.9%, placing in the 6.2% IV rank vs the trailing year. The 30-day expected move averaged 5.1%. IV traded above realized volatility by 5.5% (HV 20d: 18.5%). Max pain ranged from $6.25 to $7.47. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 19 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2013-03-01: Highest Volume — 50 contracts
  • 2013-03-11: Largest IV spike — 67.7% change
  • 2013-03-13: Highest IV Rank — 18.8%
  • 2013-03-01: Largest Expected Move — 6.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.96$6.76$7.08$6.76$7.03
Max Pain$7.41$6.25$7.47$6.25$7.47
ATM IV23.9%15.8%47.2%23.2%17.1%
Expected Move5.1%4.5%6.6%6.6%4.9%
HV 20d18.5%13.1%20.4%13.1%19.6%
HV 60d19.6%15.4%40.0%39.9%15.6%
IV Rank6.2%1.7%18.8%5.8%2.5%
IV Percentile21.4%2.8%52.8%25.4%6.3%
Term Structure8.7%-4.9%13.6%-4.9%11.3%
VWIV12.4%12.4%12.4%12.4%12.4%
Skew 25d4.0%-0.5%8.8%2.5%5.0%
Skew 10d4.0%-1.6%9.5%1.3%8.1%
Call IV 25d16.5%13.7%21.1%21.1%16.6%
Put IV 25d20.5%17.3%25.4%23.7%21.6%
Bid-Ask Spread %29.9512.32102.5712.3215.63
Gamma HHI0.420.350.580.400.51
Net GEX2.7K1.4K4.1K1.4K4.1K
Net DEX-14.2K-39.9K16.5K16.5K-9.6K
Net VEX-536-613-409-409-509
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume7.2050500
Total OI654.6616686616664

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2013-03-01$6.76$6.2523.2%6.6%13.1%5.8%0.0%2.5%-4.9%1.4K16.5K-4090.0012.32N/AN/A500364252
2013-03-04$6.95$7.4724.3%5.2%16.4%6.4%0.0%7.0%13.6%2.7K-18.1K-5610.0036.61N/AN/A60414252
2013-03-05$6.92$7.4724.6%5.7%16.4%6.6%0.0%0.2%9.5%2.3K-23.0K-5850.0051.93N/AN/A00408252
2013-03-06$6.83$7.4734.8%6.5%17.2%12.1%0.0%0.0%1.5%2.1K-6.5K-5330.0035.35N/AN/A00408252
2013-03-07$6.96$7.4727.1%5.2%18.5%7.9%0.0%6.7%13.6%3.0K-15.3K-5480.0034.78N/AN/A300408252
2013-03-08$7.07$7.4725.2%4.6%19.1%6.9%0.0%5.2%11.7%3.3K-39.9K-6130.0036.40N/AN/A00426252
2013-03-11$6.92$7.4742.3%5.4%20.4%16.2%0.0%-0.5%7.9%2.7K-22.7K-5860.0050.72N/AN/A00426252
2013-03-12$6.91$7.4739.9%4.5%20.3%14.8%0.0%0.7%10.3%3.0K-11.0K-5260.0016.46N/AN/A00426252
2013-03-13$6.92$7.4747.2%4.6%20.3%18.8%0.0%1.3%8.9%2.4K-19.7K-5410.0018.90N/AN/A80426252
2013-03-14$6.99$7.4717.9%5.1%20.3%2.9%0.0%5.3%9.5%3.1K-26.3K-5630.0016.95N/AN/A00434252
2013-03-15$6.97$7.4718.0%5.2%18.9%3.0%0.0%4.6%8.3%2.5K-24.5K-5500.0016.95N/AN/A00434252
2013-03-18$6.99$7.4717.3%4.9%18.8%2.6%0.0%4.3%8.7%2.5K-17.7K-5380.0017.16N/AN/A00378252
2013-03-19$6.98$7.4717.4%5.0%18.6%2.7%0.0%4.1%12.4%2.9K-6.3K-5330.0034.14N/AN/A160378252
2013-03-20$7.04$7.4715.8%4.5%17.8%1.7%0.0%7.5%13.5%2.8K-12.8K-5310.0015.55N/AN/A00378252
2013-03-21$7.00$7.4716.5%4.7%18.1%2.1%0.0%1.6%10.3%3.0K-6.1K-5260.0015.67N/AN/A00378252
2013-03-22$6.99$7.4718.5%5.3%17.9%3.2%0.0%8.8%8.7%3.0K10.9K-4410.00102.57N/AN/A140378252
2013-03-25$6.88$7.4717.0%4.9%18.6%2.4%0.0%1.5%8.1%3.1K10.6K-4740.0038.20N/AN/A00392252
2013-03-26$6.99$7.4717.8%5.1%19.4%2.8%0.0%6.9%0.6%1.5K-34.4K-5730.0016.21N/AN/A00392252
2013-03-27$7.08$7.4716.6%4.8%19.3%2.2%12.4%7.2%11.2%2.8K-27.5K-5770.0016.41N/AN/A200392252
2013-03-28$7.03$7.4717.1%4.9%19.6%2.5%0.0%5.0%11.3%4.1K-9.6K-5090.0015.63N/AN/A00412252