FIZZ Options History — June 2020

In June 2020, FIZZ traded between $27.94 and $32.13. ATM implied volatility averaged 58.2%, placing in the 24.4% IV rank vs the trailing year. The 30-day expected move averaged 17.3%. IV traded above realized volatility by 15.9% (HV 20d: 42.3%). Max pain ranged from $27.50 to $30.00. Net GEX was positive for 8 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 1.36.

Notable Days

  • 2020-06-11: Highest Volume — 3,546 contracts
  • 2020-06-10: Largest IV spike — 27.2% change
  • 2020-06-30: Highest IV Rank — 35.8%
  • 2020-06-30: Largest Expected Move — 19.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$29.89$27.94$32.13$29.09$30.50
Max Pain$29.66$27.50$30.00$27.50$30.00
ATM IV58.2%40.4%67.8%49.9%67.8%
Expected Move17.3%14.3%19.4%14.3%19.4%
HV 20d42.3%34.1%47.3%41.0%44.0%
HV 60d50.5%45.3%58.0%58.0%45.3%
IV Rank24.4%3.4%35.8%14.6%35.8%
IV Percentile63.7%7.1%82.1%44.4%82.1%
Term Structure-4.3%-12.4%8.1%8.1%-12.4%
VWIV60.4%50.4%70.0%50.4%67.2%
Skew 25d7.7%3.9%14.0%6.2%6.5%
Skew 10d15.8%9.7%21.9%12.7%14.2%
Call IV 25d57.8%49.3%66.0%49.8%66.0%
Put IV 25d65.6%56.1%74.5%56.1%72.5%
Bid-Ask Spread %55.8745.8066.2151.2966.21
Gamma HHI0.250.190.450.230.19
Net GEX-25.6K-297.8K610.4K-247.9K-275.8K
Net DEX-2.1M-24.0M10.4M4.6M-2.2M
Net VEX-119.0K-139.8K-97.1K-139.2K-97.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.360.046.950.090.11
Total Volume1,817.8183203,5461,5263,350
Total OI36,984.45532,06440,85635,60434,982

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-06-01$29.09$27.5049.9%14.3%41.0%14.6%50.4%6.2%8.1%-247.9K4.6M-139.2K0.0951.29N/AN/A1,40212412,92022,684
2020-06-02$28.25$27.5052.8%15.1%42.9%18.0%52.6%6.6%6.5%-251.8K8.6M-136.7K0.6656.58N/AN/A25616813,51822,700
2020-06-03$28.69$27.5052.4%15.0%43.0%17.6%51.1%7.7%7.0%-215.1K6.5M-137.4K6.6064.86N/AN/A2441,61013,61222,822
2020-06-04$28.30$30.0050.2%16.9%42.9%15.0%58.8%7.1%-2.3%-297.4K10.1M-139.1K5.5545.80N/AN/A4282,37613,69824,270
2020-06-05$28.98$30.0040.4%15.5%41.1%3.4%57.3%7.3%-1.5%-235.4K5.7M-138.5K0.0752.41N/AN/A2,51817013,76424,270
2020-06-08$29.59$30.0046.1%16.6%39.9%10.1%57.5%8.8%-3.5%100.3K-568.0K-139.8K0.0545.93N/AN/A1,2045616,07024,272
2020-06-09$29.25$30.0047.2%16.7%40.4%11.4%58.7%11.2%-3.8%138.1K1.3M-137.9K0.0451.14N/AN/A1,5386616,57424,282
2020-06-10$29.16$30.0060.0%17.2%39.3%26.7%59.5%10.3%-6.3%183.0K2.7M-137.0K0.0956.68N/AN/A4504216,57424,250
2020-06-11$27.94$30.0065.4%18.8%42.1%33.1%63.2%4.9%-7.3%-57.0K10.4M-131.0K6.9565.33N/AN/A4463,10016,53624,248
2020-06-12$28.44$30.0063.0%18.1%41.9%30.2%60.6%7.3%-6.2%123.6K6.0M-123.8K3.9256.75N/AN/A5542,17016,53422,680
2020-06-15$29.09$30.0060.6%17.4%35.0%27.3%60.9%6.3%-5.7%430.4K-937.2K-117.1K0.6253.20N/AN/A1,7461,08816,69421,794
2020-06-16$29.25$30.0060.7%17.4%34.1%27.4%60.0%10.5%-4.8%605.2K-2.7M-116.2K0.1358.59N/AN/A2823817,34821,288
2020-06-17$31.70$30.0059.5%17.1%43.4%26.0%59.3%7.6%-4.0%551.8K-23.2M-109.0K0.1649.41N/AN/A2,91847017,46621,290
2020-06-18$31.21$30.0063.3%18.1%43.4%30.5%62.2%7.1%-6.4%610.4K-18.6M-108.6K0.3951.61N/AN/A89234817,13421,444
2020-06-19$31.87$30.0060.7%17.4%43.7%27.4%62.2%5.7%-6.3%-208.0K-24.0M-103.1K0.2555.83N/AN/A86821617,48221,522
2020-06-22$31.50$30.0061.9%17.8%44.1%28.9%62.7%6.8%-8.3%-222.6K-7.3M-102.7K0.2657.30N/AN/A47412211,98420,080
2020-06-23$32.13$30.0058.7%16.8%43.4%25.0%62.1%3.9%-3.5%-202.8K-10.0M-99.7K0.7151.47N/AN/A1,07676212,03220,120
2020-06-24$30.49$30.0065.0%18.6%47.3%32.6%70.0%7.3%-6.2%-275.3K-2.1M-103.0K1.6459.07N/AN/A8901,46212,43020,278
2020-06-25$30.71$30.0063.4%18.2%45.8%30.7%61.4%7.5%-8.8%-273.9K-3.8M-102.2K0.3560.57N/AN/A1,42650012,80420,596
2020-06-26$30.84$30.0063.5%18.2%45.8%30.8%63.2%9.7%-8.3%-244.3K-4.1M-102.2K0.5658.69N/AN/A84647013,22820,644
2020-06-29$30.50$30.0066.8%19.2%45.5%34.7%67.4%14.0%-11.3%-297.8K-1.9M-97.5K0.6260.32N/AN/A51031613,72421,016
2020-06-30$30.50$30.0067.8%19.4%44.0%35.8%67.2%6.5%-12.4%-275.8K-2.2M-97.1K0.1166.21N/AN/A3,02432613,99220,990