FIZZ Options History — July 2025

In July 2025, FIZZ traded between $44.05 and $47.38. ATM implied volatility averaged 31.4%, placing in the 15.0% IV rank vs the trailing year. The 30-day expected move averaged 9.0%. IV traded below realized volatility by 0.9% (HV 20d: 32.2%). Max pain ranged from $40.00 to $45.00. Net GEX was positive for 19 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 1.58.

Notable Days

  • 2025-07-02: Highest Volume — 553 contracts
  • 2025-07-15: Largest IV spike — 94.4% change
  • 2025-07-01: Highest IV Rank — 33.0%
  • 2025-07-01: Largest Expected Move — 13.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$45.98$44.05$47.38$45.04$45.82
Max Pain$44.55$40.00$45.00$40.00$45.00
ATM IV31.4%19.0%46.3%46.3%37.5%
Expected Move9.0%5.4%13.3%13.3%10.7%
HV 20d32.2%27.5%35.9%28.2%28.1%
HV 60d25.0%24.4%26.3%25.4%24.6%
IV Rank15.0%0.0%33.0%33.0%22.5%
IV Percentile39.7%0.0%91.3%91.3%71.0%
Term Structure-0.7%-16.2%14.8%-16.2%-7.4%
VWIV37.2%16.7%156.1%45.8%156.1%
Skew 25d5.7%-8.3%30.3%4.2%1.4%
Skew 10d5.0%-15.5%53.3%-9.8%-4.5%
Call IV 25d26.5%16.8%42.4%39.5%27.6%
Put IV 25d32.2%17.0%51.6%43.7%29.0%
Bid-Ask Spread %99.5983.16114.2693.95110.25
Gamma HHI0.480.320.610.320.51
Net GEX35.9K-5.4K68.0K28.9K51.2K
Net DEX-647.7K-1.1M23.6K-621.6K-690.0K
Net VEX-3.7K-4.5K-3.0K-3.1K-3.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.580.0015.000.160.09
Total Volume81.54505535824
Total OI984.8186201,319620800

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-07-01$45.04$40.0046.3%13.3%28.2%33.0%45.8%4.2%-16.2%28.9K-621.6K-3.1K0.1693.95N/AN/A508420200
2025-07-02$44.98$40.0042.9%12.3%28.0%28.8%44.8%5.5%-6.7%30.4K-584.6K-3.2K2.6683.16N/AN/A151402451204
2025-07-03$47.04$45.0022.2%9.1%32.4%3.6%27.3%2.1%-3.7%20.6K-678.2K-3.6K1.29100.18N/AN/A203261496526
2025-07-07$46.59$45.0028.4%9.1%32.6%11.2%29.6%1.6%-8.8%38.0K-761.6K-3.9K0.2094.18N/AN/A11323622574
2025-07-08$45.26$45.0038.2%7.3%34.1%23.2%21.3%-8.3%-2.9%16.0K-383.1K-4.1K0.94104.39N/AN/A5249700577
2025-07-09$44.64$45.0025.4%7.3%34.4%7.6%32.5%2.9%10.3%4.5K-261.1K-3.9K0.03101.84N/AN/A361698554
2025-07-10$44.88$45.0026.1%7.5%34.5%8.4%30.4%-0.7%4.6%8.1K-326.1K-3.7K0.2797.57N/AN/A113697554
2025-07-11$44.33$45.0028.4%8.1%34.6%11.2%0.0%5.5%-7.0%-1.0K-108.3K-3.3K0.0097.68N/AN/A130699555
2025-07-14$44.05$45.0019.0%5.4%34.6%0.0%0.0%-7.5%7.4%-5.4K23.6K-3.0K0.13114.26N/AN/A152699555
2025-07-15$45.05$45.0036.9%10.6%35.0%21.7%0.0%7.2%-5.7%-4.3K-344.1K-3.5K0.43109.13N/AN/A4620700556
2025-07-16$46.09$45.0029.0%8.3%35.9%12.3%27.3%3.9%2.1%20.5K-743.3K-3.4K0.11100.18N/AN/A91733576
2025-07-17$46.98$45.0032.3%9.3%35.4%16.2%0.0%30.3%-1.4%42.3K-1.1M-3.5K0.02109.19N/AN/A521734577
2025-07-18$46.47$45.0025.7%7.4%35.8%8.2%26.5%1.0%7.9%46.3K-1.0M-3.5K0.0499.30N/AN/A482742577
2025-07-21$46.53$45.0022.5%6.4%32.2%4.3%24.4%2.0%11.1%48.3K-604.4K-3.3K0.2399.31N/AN/A133501121
2025-07-22$47.38$45.0026.2%7.5%31.5%8.9%29.5%2.5%9.8%57.2K-808.5K-3.7K0.0294.58N/AN/A932510121
2025-07-23$47.29$45.0030.3%8.7%31.5%13.7%16.7%13.6%-1.3%68.0K-933.5K-4.4K0.0097.59N/AN/A510611122
2025-07-24$47.05$45.0035.9%10.3%30.7%20.6%22.0%11.6%-6.8%67.9K-951.2K-4.5K0.0096.10N/AN/A04651122
2025-07-25$46.84$45.0040.9%11.7%30.5%26.7%0.0%21.7%-7.7%64.5K-944.9K-4.4K0.00105.98N/AN/A00651123
2025-07-28$46.07$45.0030.2%8.7%31.0%13.7%30.3%8.6%8.2%61.2K-780.1K-4.0K15.0086.33N/AN/A115651123
2025-07-29$46.74$45.0026.2%7.5%30.7%8.8%30.1%12.2%14.8%64.9K-808.0K-4.2K10.0090.29N/AN/A110651137
2025-07-30$46.51$45.0040.0%11.5%27.5%25.5%0.0%3.2%-15.1%62.3K-878.2K-4.2K0.00105.58N/AN/A50652143
2025-07-31$45.82$45.0037.5%10.7%28.1%22.5%156.1%1.4%-7.4%51.2K-690.0K-3.9K0.09110.25N/AN/A222657143