FIZZ Options History — August 2025

In August 2025, FIZZ traded between $42.01 and $47.17. ATM implied volatility averaged 33.9%, placing in the 18.2% IV rank vs the trailing year. The 30-day expected move averaged 9.7%. IV traded above realized volatility by 7.5% (HV 20d: 26.4%). Max pain ranged from $30.00 to $45.00. Net GEX was positive for 15 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 5.44.

Notable Days

  • 2025-08-25: Highest Volume — 1,540 contracts
  • 2025-08-13: Largest IV spike — 49.5% change
  • 2025-08-06: Highest IV Rank — 33.2%
  • 2025-08-28: Largest Expected Move — 11.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$44.97$42.01$47.17$46.28$42.01
Max Pain$38.57$30.00$45.00$45.00$40.00
ATM IV33.9%20.2%46.3%37.8%39.5%
Expected Move9.7%7.6%11.8%10.8%11.3%
HV 20d26.4%18.6%40.7%23.2%39.8%
HV 60d27.0%24.6%32.3%24.6%32.2%
IV Rank18.2%1.5%33.2%22.9%25.0%
IV Percentile53.6%1.2%91.7%72.6%81.0%
Term Structure-3.9%-12.7%8.5%-7.4%-9.3%
VWIV47.3%23.7%180.9%180.9%35.0%
Skew 25d3.2%-11.3%18.4%18.4%14.6%
Skew 10d1.5%-10.6%33.2%14.8%-1.6%
Call IV 25d29.6%18.3%39.8%24.1%24.8%
Put IV 25d32.8%24.5%46.1%42.5%39.4%
Bid-Ask Spread %101.4891.51113.71107.66107.38
Gamma HHI0.550.330.870.530.86
Net GEX-11.0K-201.2K71.4K57.5K-183.4K
Net DEX-249.5K-910.2K1.5M-805.8K1.2M
Net VEX-3.9K-7.4K-2.4K-4.0K-6.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio5.440.0089.590.002.67
Total Volume96.04801,5401011
Total OI1,028.3815492,1748132,174

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-08-01$46.28$45.0037.8%10.8%23.2%22.9%180.9%18.4%-7.4%57.5K-805.8K-4.0K0.00107.66N/AN/A100668145
2025-08-04$47.17$45.0039.7%8.9%23.9%25.2%0.0%1.5%2.7%71.4K-910.2K-4.0K0.00113.71N/AN/A10662145
2025-08-05$46.25$45.0041.8%9.1%22.6%27.8%0.0%3.2%-12.7%57.5K-793.0K-3.7K0.71111.46N/AN/A2417663145
2025-08-06$46.28$45.0046.3%10.4%21.9%33.2%41.2%-0.4%-2.4%54.0K-783.3K-3.8K1.00105.98N/AN/A33684162
2025-08-07$46.60$45.0025.4%9.3%22.0%7.9%28.7%2.2%-5.0%38.7K-721.6K-3.4K0.0097.40N/AN/A770687165
2025-08-08$46.39$45.0032.2%8.1%21.5%16.0%33.0%-6.9%-3.7%50.5K-750.8K-3.5K0.05102.02N/AN/A201747165
2025-08-11$46.22$45.0020.2%9.3%21.3%1.5%0.0%10.7%-1.9%17.5K-606.5K-3.1K0.0099.88N/AN/A140737165
2025-08-12$46.45$45.0021.7%9.8%20.0%3.4%0.0%3.8%-5.2%26.0K-584.7K-3.1K0.50100.91N/AN/A21726165
2025-08-13$46.86$45.0032.5%9.3%18.6%16.4%23.7%16.6%0.4%41.0K-628.0K-3.3K0.0093.03N/AN/A310726166
2025-08-14$45.10$30.0035.2%10.1%22.0%19.7%0.0%-1.8%-0.7%-13.5K-502.7K-3.1K0.00107.76N/AN/A00754166
2025-08-15$44.78$30.0027.0%7.7%21.8%9.7%52.4%5.3%4.4%-18.4K-359.4K-2.8K1.58112.16N/AN/A1219748166
2025-08-18$44.32$30.0033.3%9.6%22.0%17.5%32.5%-7.0%-3.4%24.5K-496.5K-2.5K0.2291.51N/AN/A27646386
2025-08-19$44.47$30.0033.2%9.5%20.8%17.3%33.2%2.4%-2.5%26.7K-540.6K-2.6K0.0099.81N/AN/A0349292
2025-08-20$44.09$30.0033.8%9.7%20.8%18.0%33.8%-7.0%-4.1%27.8K-567.0K-2.7K0.0098.50N/AN/A0449293
2025-08-21$44.45$30.0026.7%7.6%21.2%9.3%44.7%14.8%8.5%27.4K-543.3K-2.6K0.40103.98N/AN/A15649292
2025-08-22$46.81$30.0035.8%10.3%28.7%20.5%35.4%6.8%-1.9%36.3K-665.2K-2.9K0.2092.68N/AN/A15347898
2025-08-25$43.11$35.0034.7%9.9%40.7%19.1%40.2%-0.2%-4.2%20.2K-321.5K-2.4K89.5992.53N/AN/A171,523472100
2025-08-26$42.47$40.0034.8%10.0%40.4%19.2%35.0%-11.3%-10.2%-201.2K1.3M-7.2K1.0696.69N/AN/A32344821,621
2025-08-27$42.20$40.0039.1%11.2%40.4%24.4%0.0%-0.9%-12.5%-200.0K1.4M-7.2K0.0095.46N/AN/A7604961,650
2025-08-28$42.07$40.0041.3%11.8%40.2%27.2%0.0%2.9%-10.1%-191.7K1.5M-7.4K0.00100.61N/AN/A1005161,650
2025-08-29$42.01$40.0039.5%11.3%39.8%25.0%0.0%14.6%-9.3%-183.4K1.2M-6.7K2.67107.38N/AN/A385241,650