FIZZ Options History — April 2022

In April 2022, FIZZ traded between $43.92 and $47.80. ATM implied volatility averaged 45.9%, placing in the 16.7% IV rank vs the trailing year. The 30-day expected move averaged 12.3%. IV traded above realized volatility by 8.5% (HV 20d: 37.4%). Max pain ranged from $45.00 to $45.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 15 of 20 days. Put/call ratio averaged 0.68.

Notable Days

  • 2022-04-14: Highest Volume — 962 contracts
  • 2022-04-13: Largest IV drop — 27.8% change
  • 2022-04-12: Highest IV Rank — 33.7%
  • 2022-04-28: Largest Expected Move — 14.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$45.77$43.92$47.80$44.43$43.92
Max Pain$45.00$45.00$45.00$45.00$45.00
ATM IV45.9%37.6%60.3%37.6%47.3%
Expected Move12.3%10.7%14.4%11.5%13.6%
HV 20d37.4%33.1%49.0%48.6%36.8%
HV 60d39.8%38.9%40.7%39.0%40.5%
IV Rank16.7%6.9%33.7%6.9%18.4%
IV Percentile28.3%1.6%76.6%1.6%36.9%
Term Structure1.9%-3.5%7.7%2.9%0.8%
VWIV41.2%28.0%47.9%41.1%47.9%
Skew 25d3.9%-0.3%14.4%6.4%2.1%
Skew 10d4.3%-8.3%23.6%1.4%11.1%
Call IV 25d39.4%35.3%47.1%37.3%47.1%
Put IV 25d43.3%37.5%50.8%43.7%49.3%
Bid-Ask Spread %81.2658.4992.7185.1875.67
Gamma HHI0.180.130.370.150.13
Net GEX104.5K39.7K231.8K98.9K39.7K
Net DEX-1.8M-3.8M-827.1K-1.1M-827.1K
Net VEX-23.8K-25.4K-22.4K-25.3K-22.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.680.270.910.740.65
Total Volume731.114962842693
Total OI3,981.43,0494,8044,7063,363

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-04-01$44.43$45.0037.6%11.5%48.6%6.9%41.1%6.4%2.9%98.9K-1.1M-25.3K0.7485.18N/AN/A4853572,9091,797
2022-04-04$45.45$45.0042.7%11.2%49.0%12.9%39.2%1.2%4.6%125.7K-1.8M-25.4K0.7475.11N/AN/A4803572,9091,797
2022-04-05$45.58$45.0042.8%11.4%48.3%13.1%40.9%2.9%6.0%128.4K-2.0M-25.0K0.6779.72N/AN/A4753202,9091,797
2022-04-06$45.25$45.0051.3%11.4%46.9%23.1%38.5%0.9%1.8%118.7K-1.7M-24.4K0.6983.26N/AN/A4663202,9071,796
2022-04-07$46.85$45.0043.3%12.6%36.0%13.6%46.8%14.4%2.5%149.2K-2.7M-24.3K0.6880.32N/AN/A4703202,9071,796
2022-04-08$46.05$45.0046.1%11.6%35.7%17.0%36.4%-0.3%2.0%146.2K-2.3M-24.2K0.7684.21N/AN/A4223202,8961,797
2022-04-11$46.58$45.0054.3%11.6%34.6%26.7%39.6%0.7%6.0%180.9K-2.6M-23.3K0.7980.23N/AN/A4033202,9021,797
2022-04-12$47.80$45.0060.3%10.7%33.9%33.7%40.8%4.6%7.7%177.3K-3.8M-24.0K0.7581.49N/AN/A4313222,9001,797
2022-04-13$46.28$45.0043.6%12.5%34.9%14.0%42.3%0.8%0.7%195.3K-2.3M-22.6K0.9186.96N/AN/A4323932,9071,799
2022-04-14$47.17$45.0040.6%11.6%34.7%10.4%39.8%3.9%-1.3%231.8K-3.3M-23.5K0.7492.71N/AN/A5524102,9261,878
2022-04-18$45.40$45.0042.3%12.1%33.9%12.5%38.6%2.8%4.3%50.4K-1.3M-22.4K0.5182.76N/AN/A5182651,8571,192
2022-04-19$45.94$45.0041.7%11.9%34.0%11.7%40.0%2.5%1.0%54.9K-1.5M-24.4K0.5879.30N/AN/A4642701,9261,221
2022-04-20$46.79$45.0046.5%13.3%34.4%17.5%39.2%10.6%-3.5%67.0K-1.8M-24.3K0.5781.84N/AN/A4672681,9781,225
2022-04-21$45.93$45.0045.3%13.0%33.1%16.0%43.6%6.8%-1.0%62.2K-1.5M-23.4K0.6287.66N/AN/A4602852,0051,227
2022-04-22$45.19$45.0049.6%14.2%33.9%21.1%47.2%6.9%-0.5%52.9K-1.3M-23.3K0.6784.80N/AN/A4242852,0111,230
2022-04-25$46.12$45.0044.6%12.8%34.4%15.2%43.8%-0.3%-1.7%64.6K-1.6M-24.2K0.8384.39N/AN/A4023322,0401,232
2022-04-26$44.71$45.0043.7%12.5%36.1%14.2%43.0%3.3%1.5%44.6K-947.3K-23.3K0.7182.49N/AN/A4222982,0391,272
2022-04-27$44.52$45.0044.6%12.8%34.6%15.2%28.0%2.0%3.5%43.6K-943.8K-23.1K0.2778.62N/AN/A1132,0651,272
2022-04-28$45.42$45.0050.1%14.4%35.0%21.7%47.9%6.0%0.6%57.7K-1.3M-23.1K0.6558.49N/AN/A4252752,0761,274
2022-04-29$43.92$45.0047.3%13.6%36.8%18.4%47.9%2.1%0.8%39.7K-827.1K-22.8K0.6575.67N/AN/A4212722,0781,285