FIZZ Options History — April 2024

In April 2024, FIZZ traded between $43.59 and $49.80. ATM implied volatility averaged 33.1%, placing in the 24.9% IV rank vs the trailing year. The 30-day expected move averaged 9.2%. IV traded above realized volatility by 7.3% (HV 20d: 25.8%). Max pain ranged from $45.00 to $50.00. Net GEX was positive for 7 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 1.90.

Notable Days

  • 2024-04-01: Highest Volume — 251 contracts
  • 2024-04-08: Largest IV spike — 30.4% change
  • 2024-04-01: Highest IV Rank — 52.1%
  • 2024-04-01: Largest Expected Move — 13.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$46.30$43.59$49.80$49.80$44.47
Max Pain$46.14$45.00$50.00$50.00$45.00
ATM IV33.1%27.1%46.7%46.7%34.0%
Expected Move9.2%7.8%13.4%13.4%9.8%
HV 20d25.8%18.1%27.5%26.0%19.9%
HV 60d25.7%24.1%28.4%28.2%24.3%
IV Rank24.9%13.0%52.1%52.1%26.7%
IV Percentile39.9%6.7%91.7%91.7%53.6%
Term Structure-0.8%-13.0%9.8%-6.4%-13.0%
VWIV31.7%17.4%49.3%44.9%17.4%
Skew 25d3.5%-6.3%16.7%12.8%11.0%
Skew 10d4.8%-29.2%22.8%-15.5%22.8%
Call IV 25d29.7%21.7%38.2%32.5%23.6%
Put IV 25d33.3%20.8%50.0%45.3%34.7%
Bid-Ask Spread %89.5073.38109.19109.1993.95
Gamma HHI0.460.300.760.300.45
Net GEX-30.1K-206.2K58.0K58.0K-26.3K
Net DEX-19.9K-1.6M1.2M-1.6M169.5K
Net VEX-10.6K-12.6K-9.3K-10.4K-12.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.900.0018.001.890.00
Total Volume63.955425125117
Total OI1,794.1821,3942,0051,4831,972

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-04-01$49.80$50.0046.7%13.4%26.0%52.1%44.9%12.8%-6.4%58.0K-1.6M-10.4K1.89109.19N/AN/A87164968515
2024-04-02$49.29$50.0035.6%10.2%26.0%29.9%34.6%-4.9%-7.0%29.0K-1.1M-10.8K1.6389.84N/AN/A19311,049667
2024-04-03$49.38$50.0030.5%8.7%26.1%19.7%31.8%3.5%-0.5%47.2K-1.3M-11.0K3.0089.02N/AN/A131,051685
2024-04-04$49.17$45.0038.0%11.0%25.9%34.8%29.7%1.0%-2.2%36.6K-1.1M-11.0K0.4087.74N/AN/A521,052686
2024-04-05$49.58$45.0033.7%9.8%25.7%26.2%37.1%-2.8%-3.1%45.7K-1.3M-10.8K0.2593.68N/AN/A411,052688
2024-04-08$48.06$45.0044.0%8.8%27.1%46.7%49.3%16.7%-1.1%34.2K-1.0M-10.3K6.5096.14N/AN/A2131,056688
2024-04-09$47.89$45.0040.1%9.1%26.0%39.0%0.0%3.1%-1.5%32.4K-825.9K-10.3K2.2185.11N/AN/A19421,058691
2024-04-10$46.82$45.0034.1%9.8%27.2%26.8%32.2%0.8%2.4%-18.5K-6.7K-9.9K1.7196.61N/AN/A7121,086731
2024-04-11$46.79$50.0033.7%9.7%26.4%26.1%28.5%2.1%-3.8%-19.2K-26.8K-9.9K18.0097.26N/AN/A2361,082742
2024-04-12$46.34$50.0031.3%9.0%26.5%21.2%30.8%-2.1%2.1%-41.1K282.4K-9.7K1.7794.54N/AN/A52921,081778
2024-04-15$45.89$45.0030.5%8.7%26.6%19.6%30.1%5.0%2.2%-56.4K561.4K-10.8K0.2490.91N/AN/A85201,124881
2024-04-16$44.90$45.0027.1%7.8%26.0%13.0%30.0%3.7%4.2%-122.5K1.2M-9.8K1.1491.65N/AN/A22251,084901
2024-04-17$44.98$45.0029.6%8.5%26.0%18.0%29.6%8.1%1.6%-129.0K675.8K-9.8K0.7687.23N/AN/A25191,086805
2024-04-18$44.77$45.0030.9%8.8%26.0%20.4%29.5%6.7%9.8%-103.3K811.0K-10.0K0.4487.96N/AN/A41181,088863
2024-04-19$45.52$45.0030.1%8.6%26.9%18.9%0.0%2.1%3.5%-206.2K417.5K-10.0K0.0987.05N/AN/A1111,090881
2024-04-22$44.96$45.0030.0%8.6%27.1%18.7%29.4%3.1%-4.4%-25.6K336.8K-9.4K0.1781.42N/AN/A529765629
2024-04-23$44.53$45.0028.3%8.1%27.2%15.4%28.3%0.7%1.8%-34.1K434.7K-9.3K0.5594.25N/AN/A11664807654
2024-04-24$44.56$45.0029.3%8.4%27.0%17.3%29.3%7.6%-0.1%-44.9K604.1K-11.0K0.3080.27N/AN/A16449900785
2024-04-25$43.67$45.0032.8%9.4%27.5%24.4%0.0%-0.5%-3.2%-31.3K749.2K-12.5K0.0073.38N/AN/A1001,057848
2024-04-26$43.59$45.0028.2%8.1%27.3%15.1%27.7%6.2%2.5%-43.1K902.3K-11.8K0.6287.70N/AN/A1381,065848
2024-04-29$43.72$45.0029.3%8.4%18.1%17.4%17.4%-6.3%-2.2%-43.8K840.2K-11.8K0.1374.07N/AN/A3951,077856
2024-04-30$44.47$45.0034.0%9.8%19.9%26.7%0.0%11.0%-13.0%-26.3K169.5K-12.6K0.0093.95N/AN/A1701,111861