FIZZ Options History — January 2025

In January 2025, FIZZ traded between $41.80 and $43.80. ATM implied volatility averaged 29.6%, placing in the 14.1% IV rank vs the trailing year. The 30-day expected move averaged 8.2%. IV traded above realized volatility by 7.7% (HV 20d: 21.9%). Max pain ranged from $40.00 to $45.00. Net GEX was positive for 7 of 20 trading days. Term structure was in contango for 14 of 20 days. Put/call ratio averaged 6.62.

Notable Days

  • 2025-01-29: Highest Volume — 122 contracts
  • 2025-01-22: Largest IV spike — 67.7% change
  • 2025-01-22: Highest IV Rank — 23.6%
  • 2025-01-22: Largest Expected Move — 10.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$42.67$41.80$43.80$42.30$42.13
Max Pain$40.50$40.00$45.00$45.00$40.00
ATM IV29.6%22.0%37.5%33.5%25.8%
Expected Move8.2%6.3%10.8%9.6%7.4%
HV 20d21.9%17.3%36.0%35.1%18.0%
HV 60d27.4%27.0%27.8%27.0%27.7%
IV Rank14.1%5.0%23.6%18.8%9.6%
IV Percentile29.9%2.4%67.9%51.2%9.1%
Term Structure5.2%-9.5%37.5%1.6%13.8%
VWIV27.2%19.7%34.3%33.3%27.2%
Skew 25d4.2%-4.3%14.8%-4.3%-2.4%
Skew 10d7.5%-17.4%36.5%-1.4%36.5%
Call IV 25d26.6%18.7%33.3%30.8%30.0%
Put IV 25d30.9%26.5%45.5%26.5%27.7%
Bid-Ask Spread %97.6488.28108.4896.3899.16
Gamma HHI0.470.360.810.540.38
Net GEX-235.4K-597.0K10.7K-402.0K8.5K
Net DEX2.3M7504.9M4.9M94.0K
Net VEX-5.3K-9.9K-3.0K-9.6K-3.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio6.620.0050.000.000.00
Total Volume27.91122162
Total OI2,380.35433,8023,754835

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-01-02$42.30$45.0033.5%9.6%35.1%18.8%33.3%-4.3%1.6%-402.0K4.9M-9.6K0.0096.38N/AN/A1601,3552,399
2025-01-03$42.93$45.0034.7%10.0%36.0%20.3%34.3%2.9%-6.2%-388.4K4.0M-9.9K0.0096.65N/AN/A201,3572,399
2025-01-06$42.55$40.0033.2%7.0%35.7%18.5%0.0%6.2%2.8%-448.6K4.8M-8.3K0.0093.89N/AN/A101,3552,399
2025-01-07$42.99$40.0034.7%7.6%27.3%20.2%0.0%3.1%1.1%-444.8K4.2M-8.1K3.6793.32N/AN/A3111,3562,399
2025-01-08$43.38$40.0027.4%8.3%19.0%11.5%29.0%8.8%2.4%-436.2K3.6M-8.1K0.0093.57N/AN/A201,3592,400
2025-01-10$42.86$40.0034.8%8.6%17.3%20.4%30.6%4.0%1.5%-520.1K4.6M-6.7K0.0090.00N/AN/A301,3592,400
2025-01-13$43.80$40.0035.9%9.3%19.7%21.7%0.0%12.1%-0.8%-455.4K3.1M-5.7K49.0097.25N/AN/A1491,3602,400
2025-01-14$43.43$40.0029.4%9.3%19.7%13.9%0.0%0.7%0.4%-470.0K3.5M-5.7K0.00106.12N/AN/A011,3612,440
2025-01-15$42.71$40.0026.7%7.6%20.3%10.6%0.0%-0.6%-2.1%-576.0K4.7M-4.9K50.00108.48N/AN/A21001,3612,441
2025-01-16$42.66$40.0029.5%8.4%20.3%14.0%0.0%2.3%2.1%-597.0K4.6M-4.2K0.00104.15N/AN/A201,3612,441
2025-01-17$42.50$40.0022.0%6.3%20.2%5.0%0.0%7.2%37.5%-6.0K2.1M-3.2K6.20102.08N/AN/A5311,3612,121
2025-01-21$42.75$40.0022.4%6.4%20.1%5.5%22.6%5.8%10.1%-10.5K187.7K-3.0K0.2488.63N/AN/A297259284
2025-01-22$42.44$40.0037.5%10.8%19.1%23.6%26.5%3.5%-6.9%1.5K134.3K-3.5K0.5188.28N/AN/A5126347289
2025-01-23$41.80$40.0027.8%8.0%18.7%11.9%25.1%1.8%5.9%-3.5K219.4K-3.4K8.0094.06N/AN/A18376315
2025-01-24$42.16$40.0028.0%8.0%17.3%12.3%23.2%6.3%13.4%3.8K139.9K-3.4K0.1396.18N/AN/A81376322
2025-01-27$42.98$40.0022.7%6.5%18.8%5.9%19.7%2.4%-1.6%9.6K31.4K-3.6K0.0095.65N/AN/A120380323
2025-01-28$42.60$40.0023.5%6.7%18.9%6.9%0.0%14.8%19.7%10.0K750-3.6K1.43105.72N/AN/A2130392323
2025-01-29$42.48$40.0036.3%10.4%17.8%22.1%29.2%1.3%-9.5%5.5K98.1K-3.8K0.0297.98N/AN/A1202413353
2025-01-30$42.05$40.0026.4%7.6%18.0%10.3%25.0%9.0%18.0%10.7K87.7K-3.8K0.00105.27N/AN/A110480355
2025-01-31$42.13$40.0025.8%7.4%18.0%9.6%27.2%-2.4%13.8%8.5K94.0K-3.8K0.0099.16N/AN/A02480355