FIZZ Options History — August 2024

In August 2024, FIZZ traded between $45.03 and $48.93. ATM implied volatility averaged 51.2%, placing in the 49.1% IV rank vs the trailing year. The 30-day expected move averaged 11.5%. IV traded above realized volatility by 25.6% (HV 20d: 25.5%). Max pain ranged from $50.00 to $51.75. Net GEX was positive for 10 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 1.53.

Notable Days

  • 2024-08-16: Highest Volume — 194 contracts
  • 2024-08-14: Largest IV drop — 61.1% change
  • 2024-08-05: Highest IV Rank — 100.0%
  • 2024-08-02: Largest Expected Move — 16.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$46.08$45.03$48.93$48.39$45.20
Max Pain$50.16$50.00$51.75$51.75$50.00
ATM IV51.2%25.6%100.8%38.9%38.4%
Expected Move11.5%7.3%16.6%11.1%11.0%
HV 20d25.5%22.5%29.7%24.2%22.5%
HV 60d41.8%40.5%42.1%40.6%41.9%
IV Rank49.1%9.3%100.0%42.8%24.9%
IV Percentile74.9%4.0%100.0%77.8%73.0%
Term Structure-6.8%-23.8%7.4%-1.0%-8.5%
VWIV36.8%29.6%47.5%47.5%38.4%
Skew 25d3.6%-14.6%17.8%-11.9%14.8%
Skew 10d3.1%-19.3%37.3%-13.3%14.7%
Call IV 25d36.1%26.3%55.1%55.1%28.8%
Put IV 25d39.7%23.2%67.0%43.2%43.5%
Bid-Ask Spread %104.3090.31121.27110.54102.78
Gamma HHI0.160.140.190.150.17
Net GEX-331-16.1K25.0K10.4K-14.9K
Net DEX236.4K-1.0M765.9K-644.0K765.9K
Net VEX-12.6K-16.3K-9.7K-16.2K-9.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.530.008.000.003.00
Total Volume28.773019444
Total OI2,318.3642,1362,5492,4002,251

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-08-01$48.39$51.7538.9%11.1%24.2%42.8%0.0%-11.9%-1.0%10.4K-644.0K-16.2K0.00110.54N/AN/A041,3851,015
2024-08-02$48.93$51.7557.8%16.6%24.2%81.4%47.5%12.3%-23.8%25.0K-1.0M-16.3K0.00104.30N/AN/A101,3851,019
2024-08-05$46.44$50.0069.9%13.4%29.7%100.0%0.0%14.8%-3.9%17.5K-165.8K-15.9K8.00109.62N/AN/A181,3861,019
2024-08-06$46.77$50.0077.3%10.7%28.9%100.0%37.6%0.8%-9.3%3.1K-51.1K-15.1K0.39106.14N/AN/A1871,3871,022
2024-08-07$46.59$50.0059.9%13.4%28.1%70.7%0.0%17.6%-12.6%5.2K101.7K-14.8K0.00100.47N/AN/A021,3801,029
2024-08-08$46.65$50.0080.9%11.1%28.1%100.0%0.0%11.1%-2.1%5.7K69.2K-14.2K5.00116.36N/AN/A151,3801,031
2024-08-09$46.66$50.0069.2%11.6%25.7%81.5%38.3%-4.3%-16.6%5.3K106.6K-13.3K0.00106.24N/AN/A9201,379955
2024-08-12$45.55$50.0088.2%15.2%26.5%100.0%0.0%17.8%-20.5%7.9K191.9K-12.8K0.00101.17N/AN/A0171,448955
2024-08-13$45.74$50.00100.8%11.9%24.9%100.0%0.0%-0.5%-5.2%-4.9K424.8K-12.0K0.00104.64N/AN/A001,448967
2024-08-14$45.44$50.0039.2%11.2%24.7%25.8%40.4%15.4%-5.7%-16.1K688.3K-11.9K2.2196.47N/AN/A34751,448967
2024-08-15$46.03$50.0037.7%10.8%25.6%23.9%36.7%7.0%-7.8%4.8K219.9K-12.3K0.5690.31N/AN/A1691,5041,005
2024-08-16$45.69$50.0025.6%7.3%25.5%9.3%29.6%2.9%4.5%4.8K539.9K-11.7K1.69109.37N/AN/A721221,5211,028
2024-08-19$46.00$50.0028.0%8.0%25.7%12.3%32.2%-2.6%-5.1%-6.9K300.9K-11.4K0.0098.52N/AN/A3601,147989
2024-08-20$45.70$50.0041.4%11.9%25.7%28.4%29.9%-6.6%1.0%-7.1K393.0K-12.4K1.5098.09N/AN/A10151,182989
2024-08-21$45.70$50.0035.7%10.2%25.4%21.6%33.7%-3.8%-9.2%-3.4K253.7K-11.9K0.5096.42N/AN/A211,192996
2024-08-22$45.15$50.0026.9%7.7%25.1%11.0%0.0%-14.6%7.4%-11.9K679.8K-10.8K0.00110.73N/AN/A001,194996
2024-08-23$45.63$50.0041.2%11.8%25.3%28.2%42.8%-6.7%-12.9%-3.2K445.5K-11.6K0.8390.44N/AN/A651,194996
2024-08-26$45.74$50.0036.6%10.5%24.6%22.6%37.9%-0.5%5.9%-1.3K99.8K-12.0K0.80101.12N/AN/A541,1961,000
2024-08-27$45.45$50.0050.1%14.4%24.6%39.0%32.6%2.1%-19.8%-7.4K543.8K-10.6K0.00109.25N/AN/A401,2011,003
2024-08-28$45.37$50.0040.2%11.5%23.6%27.0%37.6%1.7%-8.1%-9.2K656.8K-9.7K0.45110.27N/AN/A1151,2011,003
2024-08-29$45.03$50.0041.8%12.0%23.0%28.9%0.0%11.5%2.6%-10.8K612.4K-10.5K1.05121.27N/AN/A20211,2031,008
2024-08-30$45.20$50.0038.4%11.0%22.5%24.9%38.4%14.8%-8.5%-14.9K765.9K-9.8K3.00102.78N/AN/A131,2221,029