FIZZ Options History — April 2019

In April 2019, FIZZ traded between $26.49 and $29.01. ATM implied volatility averaged 37.1%, placing in the 18.4% IV rank vs the trailing year. The 30-day expected move averaged 10.6%. IV traded above realized volatility by 3.9% (HV 20d: 33.2%). Max pain ranged from $27.50 to $27.50. Net GEX was positive for 4 of 21 trading days. Term structure was in contango for 16 of 21 days. Put/call ratio averaged 1.05.

Notable Days

  • 2019-04-11: Highest Volume — 1,820 contracts
  • 2019-04-29: Largest IV spike — 8.5% change
  • 2019-04-30: Highest IV Rank — 21.9%
  • 2019-04-30: Largest Expected Move — 11.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$27.87$26.49$29.01$28.77$27.96
Max Pain$27.50$27.50$27.50$27.50$27.50
ATM IV37.1%34.7%38.7%36.9%38.7%
Expected Move10.6%9.9%11.1%10.1%11.1%
HV 20d33.2%23.7%62.0%62.0%30.1%
HV 60d47.7%45.9%50.4%50.4%47.2%
IV Rank18.4%13.4%21.9%18.1%21.9%
IV Percentile39.6%18.7%52.4%38.1%52.4%
Term Structure2.6%-2.0%5.9%-2.0%-0.7%
VWIV37.1%35.0%38.3%35.8%37.5%
Skew 25d4.0%2.1%5.0%2.1%3.7%
Skew 10d8.8%2.9%16.0%5.4%13.7%
Call IV 25d35.8%33.8%37.4%36.4%37.0%
Put IV 25d39.9%38.4%41.3%38.4%40.6%
Bid-Ask Spread %65.6655.7379.5667.9163.22
Gamma HHI0.200.140.340.160.18
Net GEX-114.9K-294.9K45.1K-113.3K5.1K
Net DEX5.7M1.6M9.6M5.4M3.4M
Net VEX-61.7K-72.0K-53.1K-55.5K-68.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.050.292.740.360.29
Total Volume1,072.5713481,820724404
Total OI18,403.33313,76221,58018,19415,848

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-04-01$28.77$27.5036.9%10.1%62.0%18.1%35.8%2.1%-2.0%-113.3K5.4M-55.5K0.3667.91N/AN/A53219210,0348,160
2019-04-02$28.71$27.5037.4%10.7%61.9%19.0%37.0%4.0%0.2%-115.5K5.6M-54.4K0.3466.03N/AN/A51217610,1788,192
2019-04-03$28.30$27.5037.0%11.0%61.6%18.3%37.0%4.4%2.1%-162.2K6.5M-53.1K0.3560.82N/AN/A95433410,1068,184
2019-04-04$28.74$27.5036.9%11.0%61.7%18.0%37.3%4.9%2.8%-107.8K4.4M-59.6K0.3270.38N/AN/A79625210,8468,158
2019-04-05$28.93$27.5036.4%10.2%25.1%17.0%36.0%4.0%5.5%-94.1K3.7M-59.9K0.3562.43N/AN/A89831610,9188,192
2019-04-08$29.01$27.5038.2%10.5%24.0%20.8%38.3%3.3%4.5%-73.7K3.4M-59.7K2.7462.72N/AN/A13637211,1108,194
2019-04-09$28.05$27.5038.7%10.9%26.5%21.7%37.8%4.7%3.5%-181.3K6.0M-57.8K2.5063.97N/AN/A5001,25211,1668,474
2019-04-10$27.84$27.5038.0%10.9%25.9%20.2%37.5%4.4%3.5%-218.8K6.8M-62.6K1.3464.08N/AN/A71295411,3189,080
2019-04-11$27.03$27.5036.6%10.5%27.1%17.4%36.9%3.7%4.9%-245.5K8.5M-61.0K1.2765.94N/AN/A8001,02011,6529,282
2019-04-12$26.49$27.5036.4%10.4%27.5%17.0%36.4%4.2%5.8%-226.5K9.6M-59.8K0.4176.31N/AN/A91237011,9689,380
2019-04-15$26.54$27.5037.0%10.6%26.1%18.2%37.8%3.3%5.9%-234.6K9.6M-58.5K1.2873.50N/AN/A31640611,9949,392
2019-04-16$26.65$27.5036.7%10.5%23.7%17.6%37.4%3.0%5.7%-254.0K9.6M-59.0K0.9266.93N/AN/A50646811,9769,476
2019-04-17$26.95$27.5036.4%10.4%24.3%16.9%35.0%4.2%4.7%-294.9K8.7M-59.5K1.1478.17N/AN/A46653012,1369,248
2019-04-18$27.09$27.5035.9%10.3%24.4%15.9%37.3%4.5%5.9%-62.3K9.1M-60.8K0.7279.56N/AN/A69450012,2309,350
2019-04-22$26.98$27.5037.0%10.6%24.4%18.2%37.1%4.6%-0.2%-58.3K5.2M-60.3K0.9858.42N/AN/A6186046,2747,488
2019-04-23$27.70$27.5037.6%10.8%26.1%19.6%37.9%4.7%-0.5%-39.3K4.3M-66.5K1.1865.35N/AN/A6367486,6368,052
2019-04-24$28.49$27.5037.9%10.9%27.6%20.0%37.5%4.2%-0.5%9.5K2.6M-69.6K1.2655.73N/AN/A5587026,9888,154
2019-04-25$27.95$27.5036.9%10.6%28.3%18.1%36.8%4.2%1.2%-3.9K3.4M-69.4K1.6459.16N/AN/A3906407,2168,228
2019-04-26$28.90$27.5034.7%9.9%29.2%13.4%36.5%5.0%1.5%45.1K1.6M-72.0K1.8758.57N/AN/A3486527,3028,276
2019-04-29$28.14$27.5037.6%10.8%30.0%19.6%37.9%3.9%0.5%12.9K3.1M-68.7K0.8159.70N/AN/A1921567,3428,272
2019-04-30$27.96$27.5038.7%11.1%30.1%21.9%37.5%3.7%-0.7%5.1K3.4M-68.2K0.2963.22N/AN/A314907,4948,354