FIZZ Options History — July 2015

In July 2015, FIZZ traded between $11.43 and $12.32. ATM implied volatility averaged 87.2%, placing in the 35.7% IV rank vs the trailing year. The 30-day expected move averaged 20.4%. IV traded above realized volatility by 64.6% (HV 20d: 22.6%). Max pain ranged from $11.25 to $12.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 6 of 22 days. Put/call ratio averaged 0.70.

Notable Days

  • 2015-07-16: Highest Volume — 234 contracts
  • 2015-07-07: Largest IV spike — 253.9% change
  • 2015-07-09: Highest IV Rank — 96.7%
  • 2015-07-02: Largest Expected Move — 41.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$11.90$11.43$12.32$11.49$11.87
Max Pain$11.76$11.25$12.50$11.25$11.25
ATM IV87.2%48.5%190.0%52.2%66.1%
Expected Move20.4%9.2%41.8%15.0%18.9%
HV 20d22.6%20.1%25.2%22.6%22.6%
HV 60d27.0%23.9%28.5%28.5%23.9%
IV Rank35.7%12.7%96.7%14.9%23.2%
IV Percentile65.7%32.5%99.6%38.1%56.7%
Term Structure-14.8%-73.6%21.8%14.2%-31.4%
VWIV55.0%17.6%107.0%53.5%46.8%
Skew 25d-16.6%-88.3%26.2%11.0%-51.5%
Skew 10d22.0%-111.9%132.9%-42.6%17.2%
Call IV 25d92.8%35.6%141.2%35.6%141.2%
Put IV 25d76.2%13.2%134.2%46.7%89.7%
Bid-Ask Spread %137.08115.42147.91144.15142.80
Gamma HHI0.410.280.600.380.35
Net GEX6.1K2.6K15.3K5.7K3.3K
Net DEX-276.7K-354.3K-227.5K-263.1K-233.5K
Net VEX-889-1.2K-318-1.1K-807
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.700.430.820.750.80
Total Volume174.182154234154162
Total OI597.364486694694490

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-07-01$11.49$11.2552.2%15.0%22.6%14.9%53.5%11.0%14.2%5.7K-263.1K-1.1K0.75144.15N/AN/A8866532162
2015-07-02$11.52$11.25145.7%41.8%21.0%70.4%107.0%-88.3%-73.6%5.2K-316.1K-1.2K0.61138.51N/AN/A10866532162
2015-07-06$11.43$12.5048.5%9.2%21.3%12.7%39.6%3.4%8.2%9.0K-251.5K-8800.61115.42N/AN/A10866530162
2015-07-07$11.75$12.50171.7%24.5%23.0%85.8%87.8%26.2%-26.1%6.8K-320.7K-1.1K0.66142.37N/AN/A10066530162
2015-07-08$11.66$12.50181.9%24.6%22.1%91.9%98.4%19.5%-29.5%6.0K-297.8K-1.1K0.67135.76N/AN/A9866526162
2015-07-09$11.86$12.50190.0%19.3%20.3%96.7%100.9%12.4%-5.2%6.9K-301.6K-1.1K0.67127.56N/AN/A9866524162
2015-07-10$11.96$12.50103.2%23.1%20.1%45.2%96.3%25.4%-32.0%7.6K-298.2K-1.1K0.67139.55N/AN/A9866524162
2015-07-13$12.18$12.5061.5%18.5%20.5%20.5%65.2%20.6%-5.0%11.5K-337.9K-1.0K0.69135.00N/AN/A9666524162
2015-07-14$12.13$12.5071.8%17.1%20.8%26.5%58.8%14.5%-30.6%11.2K-354.3K-8790.43131.05N/AN/A15266532162
2015-07-15$12.05$12.5064.7%18.6%21.0%22.4%65.3%13.7%-1.3%9.6K-300.3K-9480.46142.50N/AN/A14266512162
2015-07-16$12.08$12.5064.8%18.6%20.9%22.4%30.6%-22.9%-19.5%15.3K-327.4K-7960.54132.25N/AN/A15282512162
2015-07-17$11.90$11.2563.8%18.3%21.7%21.8%27.4%-14.7%4.4%2.6K-246.3K-8770.54140.33N/AN/A15282516178
2015-07-20$12.32$11.2559.5%17.0%24.2%19.2%17.6%-74.3%-21.0%3.2K-230.1K-8670.82128.17N/AN/A8872348138
2015-07-21$12.23$11.2570.0%20.1%24.5%25.5%34.2%-34.2%6.2%2.9K-249.8K-8770.82140.51N/AN/A8872348138
2015-07-22$12.14$11.2570.1%20.1%24.4%25.6%34.1%-31.1%-38.7%6.4K-299.8K-3180.80137.55N/AN/A9072348138
2015-07-23$11.97$11.2572.2%20.7%25.1%26.8%33.8%-27.3%20.6%2.8K-246.2K-8570.80140.91N/AN/A9072352138
2015-07-24$11.91$11.2572.8%20.9%25.2%27.2%32.7%-28.9%21.8%3.1K-245.1K-8470.80147.91N/AN/A9072352138
2015-07-27$11.83$11.2562.4%17.9%25.2%21.0%47.5%-42.8%-24.0%3.2K-227.5K-8200.80133.77N/AN/A9072352138
2015-07-28$11.85$11.2553.6%15.4%24.8%15.8%32.3%3.7%-6.9%4.2K-231.5K-6780.80134.74N/AN/A9072352138
2015-07-29$11.97$11.25106.3%30.5%23.2%47.0%49.6%-51.1%-29.1%3.8K-258.4K-6700.80143.67N/AN/A9072352138
2015-07-30$11.77$11.2564.8%18.6%22.5%22.4%50.0%-49.0%-26.3%3.0K-249.4K-7680.80141.30N/AN/A9072352138
2015-07-31$11.87$11.2566.1%18.9%22.6%23.2%46.8%-51.5%-31.4%3.3K-233.5K-8070.80142.80N/AN/A9072352138