FIZZ Options History — August 2022

In August 2022, FIZZ traded between $53.83 and $57.43. ATM implied volatility averaged 42.4%, placing in the 26.9% IV rank vs the trailing year. The 30-day expected move averaged 12.2%. IV traded above realized volatility by 18.7% (HV 20d: 23.7%). Max pain ranged from $50.00 to $50.00. Net GEX was positive for 16 of 23 trading days. Term structure was in contango for 4 of 23 days. Put/call ratio averaged 1.94.

Notable Days

  • 2022-08-01: Highest Volume — 2,058 contracts
  • 2022-08-22: Largest IV spike — 17.1% change
  • 2022-08-26: Highest IV Rank — 43.7%
  • 2022-08-26: Largest Expected Move — 14.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$55.46$53.83$57.43$54.63$55.34
Max Pain$50.00$50.00$50.00$50.00$50.00
ATM IV42.4%34.9%50.4%41.2%48.6%
Expected Move12.2%10.4%14.5%11.8%13.9%
HV 20d23.7%20.1%27.2%27.2%20.3%
HV 60d33.6%29.7%37.9%37.8%29.7%
IV Rank26.9%11.1%43.7%24.4%39.8%
IV Percentile24.9%1.2%60.7%15.5%55.6%
Term Structure-3.6%-13.3%5.5%-1.3%-8.5%
VWIV43.4%35.3%59.3%43.7%46.9%
Skew 25d6.9%-5.7%20.1%5.2%6.9%
Skew 10d14.3%-14.0%67.3%13.0%10.5%
Call IV 25d41.5%34.3%56.4%38.2%47.6%
Put IV 25d48.4%39.8%62.6%43.4%54.5%
Bid-Ask Spread %86.3069.0099.0284.5374.77
Gamma HHI0.230.130.350.270.19
Net GEX74.2K-51.5K198.9K-34.3K49.4K
Net DEX-6.3M-9.2M-3.9M-5.7M-3.9M
Net VEX-27.3K-31.9K-24.0K-31.7K-27.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.940.0213.673.450.56
Total Volume381.217122,0582,058885
Total OI4,950.3483,4246,0235,4424,249

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-08-01$54.63$50.0041.2%11.8%27.2%24.4%43.7%5.2%-1.3%-34.3K-5.7M-31.7K3.4584.53N/AN/A4621,5962,7102,732
2022-08-02$54.14$50.0040.1%11.5%26.8%22.0%41.2%1.1%-0.9%-51.5K-5.3M-31.9K0.7684.72N/AN/A4513422,7502,761
2022-08-03$54.34$50.0039.6%11.4%26.8%21.0%43.2%8.2%-0.4%-27.5K-5.6M-31.2K0.5492.53N/AN/A4502422,7522,763
2022-08-04$54.43$50.0034.9%11.2%26.3%11.1%37.3%2.8%-0.3%-10.5K-6.2M-30.4K0.5473.91N/AN/A4512442,7492,769
2022-08-05$54.14$50.0037.1%11.3%26.4%15.7%42.9%0.9%-0.7%-23.1K-5.5M-30.3K0.5384.18N/AN/A4612432,7522,772
2022-08-08$54.51$50.0042.9%11.2%25.4%27.9%42.1%3.9%-0.1%-20.4K-6.0M-29.5K0.4986.08N/AN/A4942442,7612,773
2022-08-09$53.83$50.0041.4%11.5%24.7%24.8%40.1%9.5%1.4%-41.8K-5.5M-28.9K0.0988.22N/AN/A1112,7602,774
2022-08-10$54.80$50.0039.5%11.3%24.8%20.8%45.8%-5.7%0.2%15.5K-7.2M-26.3K0.0293.45N/AN/A4512,7632,778
2022-08-11$54.71$50.0039.0%11.2%24.8%19.7%41.9%4.9%5.5%12.0K-6.7M-27.6K0.0990.03N/AN/A1112,7832,779
2022-08-12$55.68$50.0040.7%11.7%25.1%23.2%0.0%20.1%-0.6%62.0K-7.4M-27.0K1.2599.02N/AN/A8102,7942,780
2022-08-15$55.84$50.0036.2%10.4%23.1%13.8%35.3%5.5%0.6%126.3K-8.1M-24.0K0.4188.30N/AN/A76312,7952,789
2022-08-16$56.89$50.0042.3%12.1%23.2%26.6%41.8%14.2%-3.3%165.0K-8.9M-24.9K0.1097.07N/AN/A511532,8502,819
2022-08-17$56.97$50.0046.2%13.2%22.7%34.8%45.1%6.2%-10.6%185.4K-9.0M-25.8K0.3298.02N/AN/A1963,1352,872
2022-08-18$57.43$50.0042.2%12.1%22.5%26.3%44.7%7.8%-7.1%198.9K-9.2M-25.8K0.0288.54N/AN/A8523,1422,878
2022-08-19$55.56$50.0039.4%11.3%25.1%20.4%38.1%6.7%-0.4%186.7K-7.9M-25.4K0.4784.23N/AN/A86403,1452,878
2022-08-22$55.43$50.0046.1%13.2%24.8%34.6%44.7%1.0%-5.9%143.4K-5.2M-26.2K0.2480.91N/AN/A2972,470954
2022-08-23$55.56$50.0042.1%12.1%21.7%26.1%40.1%5.6%-5.2%146.7K-5.3M-24.3K0.3283.15N/AN/A101322,477958
2022-08-24$56.32$50.0044.9%12.9%21.9%32.0%41.2%7.3%-8.3%155.3K-5.7M-25.7K9.4069.00N/AN/A151412,490987
2022-08-25$57.19$50.0045.4%13.0%21.5%33.2%45.0%10.3%-7.4%140.4K-5.9M-26.1K0.9080.10N/AN/A59532,4971,128
2022-08-26$56.47$50.0050.4%14.5%20.1%43.7%46.3%15.5%-13.3%129.4K-5.4M-26.7K5.7590.26N/AN/A16922,4981,174
2022-08-29$55.95$50.0048.4%13.9%20.4%39.4%48.5%8.6%-12.1%102.5K-4.7M-25.5K13.6786.49N/AN/A3412,4311,258
2022-08-30$55.51$50.0047.2%13.5%20.3%37.0%59.3%11.5%-4.0%96.2K-4.1M-26.1K4.6687.51N/AN/A1095082,4301,299
2022-08-31$55.34$50.0048.6%13.9%20.3%39.8%46.9%6.9%-8.5%49.4K-3.9M-27.2K0.5674.77N/AN/A5673182,5041,745