FIZZ Options History — June 2017

In June 2017, FIZZ traded between $43.63 and $47.42. ATM implied volatility averaged 40.0%, placing in the 29.3% IV rank vs the trailing year. The 30-day expected move averaged 11.3%. IV traded above realized volatility by 7.6% (HV 20d: 32.4%). Max pain ranged from $26.75 to $40.00. Net GEX was positive for 20 of 22 trading days. Term structure was in contango for 1 of 22 days. Put/call ratio averaged 0.86.

Notable Days

  • 2017-06-02: Highest Volume — 6,254 contracts
  • 2017-06-06: Largest IV drop — 14.6% change
  • 2017-06-12: Highest IV Rank — 45.5%
  • 2017-06-30: Largest Expected Move — 11.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$45.94$43.63$47.42$46.88$47.05
Max Pain$35.58$26.75$40.00$26.75$40.00
ATM IV40.0%35.2%46.4%35.2%41.4%
Expected Move11.3%10.1%11.9%10.1%11.9%
HV 20d32.4%25.6%40.4%40.4%32.3%
HV 60d33.7%30.2%38.2%38.2%34.2%
IV Rank29.3%16.8%45.5%16.8%32.7%
IV Percentile47.9%21.8%71.4%21.8%57.9%
Term Structure-1.3%-4.2%3.0%3.0%-2.3%
VWIV41.6%39.3%45.6%40.8%42.3%
Skew 25d2.4%1.1%4.3%2.7%1.1%
Skew 10d6.4%3.4%15.1%3.5%4.2%
Call IV 25d39.8%37.0%42.5%38.6%42.2%
Put IV 25d42.2%40.3%44.2%41.3%43.3%
Bid-Ask Spread %49.5824.6269.9569.1035.14
Gamma HHI0.140.090.430.180.10
Net GEX431.1K-27.5K1.3M476.8K180.5K
Net DEX-42.3M-99.8M-8.4M-56.2M-16.3M
Net VEX-144.9K-207.7K-109.0K-112.8K-109.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.860.401.440.401.44
Total Volume4,306.6362,9126,2546,0102,912
Total OI40,075.72722,36864,38038,95623,096

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-06-01$46.88$26.7535.2%10.1%40.4%16.8%40.8%2.7%3.0%476.8K-56.2M-112.8K0.4069.10N/AN/A4,2961,71417,20021,756
2017-06-02$47.24$27.5039.5%11.3%26.1%27.7%39.4%1.1%-2.6%1.2M-97.2M-207.7K0.4263.64N/AN/A4,4121,84230,36633,904
2017-06-05$47.42$32.5044.5%11.6%25.6%40.8%43.3%2.1%-2.9%1.3M-99.8M-199.9K0.4557.53N/AN/A4,2281,88430,35633,844
2017-06-06$46.74$32.5038.0%11.0%26.6%24.1%40.6%2.1%-0.2%1.2M-92.2M-197.1K0.4558.07N/AN/A4,3061,92230,47633,904
2017-06-07$47.22$31.0036.8%10.9%26.5%20.8%39.4%3.1%-0.9%1.2M-92.0M-185.0K0.4847.25N/AN/A3,7941,82229,02233,230
2017-06-08$47.03$30.0036.7%10.9%25.6%20.8%39.3%3.7%-0.4%961.0K-87.5M-174.0K0.4952.89N/AN/A3,6121,75827,06233,070
2017-06-09$43.63$30.0040.7%11.2%37.2%31.0%42.4%1.6%-0.4%672.2K-62.4M-177.6K0.6557.73N/AN/A3,4582,25226,58232,500
2017-06-12$43.95$35.0046.4%11.3%37.3%45.5%43.1%2.7%-0.8%181.6K-40.5M-162.4K1.3757.27N/AN/A1,5002,05619,55830,014
2017-06-13$43.98$35.0045.6%11.3%36.2%43.5%41.6%2.3%-0.3%147.7K-39.7M-159.3K1.0532.08N/AN/A1,8761,97619,63029,938
2017-06-14$44.09$36.7539.4%11.3%36.2%27.7%41.9%4.3%-1.3%238.4K-40.4M-155.1K1.1551.56N/AN/A1,5541,78219,00029,982
2017-06-15$44.57$36.7538.5%11.0%34.7%25.4%41.2%2.2%-0.5%338.9K-44.2M-136.9K0.9342.17N/AN/A2,1482,00618,75628,236
2017-06-16$44.79$36.7538.9%11.2%34.6%26.4%40.6%1.7%-1.0%681.0K-49.3M-135.6K0.7941.65N/AN/A2,4821,96419,41826,186
2017-06-19$45.07$36.7539.9%11.5%33.2%29.0%41.5%3.1%-4.2%-27.5K-8.4M-128.9K0.9543.10N/AN/A1,7661,6767,39615,022
2017-06-20$45.37$39.2538.4%11.0%33.0%25.0%41.9%1.9%-1.6%-22.7K-9.0M-131.7K0.9732.90N/AN/A1,7221,6647,62015,356
2017-06-21$45.86$39.2540.1%11.5%32.4%29.4%41.4%2.8%-1.8%5.9K-10.4M-127.8K0.8924.62N/AN/A1,8541,6547,71415,404
2017-06-22$46.07$39.2538.7%11.1%31.0%25.8%40.8%3.1%-0.8%81.3K-12.6M-116.0K0.8359.91N/AN/A1,9741,6447,92614,442
2017-06-23$47.27$39.2538.3%11.0%32.3%24.9%39.6%2.8%-0.2%124.0K-15.5M-114.6K1.1540.46N/AN/A1,6821,9387,98614,456
2017-06-26$46.12$39.2541.2%11.8%33.2%32.2%45.6%2.0%-2.1%98.7K-13.1M-113.4K1.0469.95N/AN/A1,6341,6988,11014,556
2017-06-27$46.24$39.2540.8%11.7%33.2%31.2%42.8%1.7%-1.9%108.3K-13.2M-113.2K1.0161.13N/AN/A1,6681,6828,16214,600
2017-06-28$46.94$40.0041.2%11.8%33.3%32.3%42.6%2.3%-2.7%130.1K-14.9M-116.7K0.9544.78N/AN/A1,7301,6528,24614,680
2017-06-29$47.06$40.0040.7%11.7%32.4%31.0%42.3%1.8%-2.0%182.0K-15.9M-113.4K0.9947.85N/AN/A1,7821,7708,45414,450
2017-06-30$47.05$40.0041.4%11.9%32.3%32.7%42.3%1.1%-2.3%180.5K-16.3M-109.0K1.4435.14N/AN/A1,1921,7208,49614,600