FAZ Options Statistics & Positioning

FAZ options trade at a 30-day at-the-money implied volatility of 40.3%, an IV rank of 1 out of 100 over the past year. The options market prices a ±$1.96 (±5.6%) move in FAZ for the front expiration. Max pain sits at $9 and the put/call open interest ratio is 0.75. Statistics are computed by OptiView from delayed OPRA options data and refresh every trading day.

Data as of Jul 10, 2026, 8:00 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close

$35.05

52-week range

$34.19 – $55.89

ATM IV (30d)

40.3%

IV rank

1 / 100

Low

Expected move

±$1.96 (±5.6%)

Put/call OI

0.75

Call-heavy

Max pain

↓ 74.3% below close

Most Active FAZ Contracts

Contract	Expiration	DTE	Last	IV	Volume
FAZ $35 call	Jul 17, 2026	7d	$1.23	40.3%	283
FAZ $36 call	Aug 21, 2026	42d	$1.92	48.3%	235
FAZ $4 call	Jan 15, 2027	189d	$0.36	0.0%	100
FAZ $34 put	Aug 21, 2026	42d	$1.70	46.7%	72
FAZ $5 call	Jan 15, 2027	189d	$0.20	0.0%	30

See all active FAZ contracts →

Explore FAZ Options Statistics

FAZ Implied Volatility

40.3% ATM IV (30d)

An IV rank of 1 places implied volatility in the lower part of its 52-week range.

Full implied volatility analysis →

FAZ Open Interest

0.75 put/call OI ratio

21,756 calls and 16,342 puts outstanding across all expirations.

Full open interest analysis →

FAZ Max Pain

$9 max pain

74.3% below the last close — see how max pain has moved over the past year.

Full max pain analysis →

FAZ Gamma Exposure

$25.34M net GEX

Positive dealer gamma — hedging currently leans against price swings.

Full gamma exposure analysis →

FAZ Options Volume

678 contracts traded

Put/call volume ratio 0.21 — plus contracts running far above their usual volume.

Full volume & flow analysis →

FAZ Most Active Options

$35 top volume strike

The 25 most actively traded FAZ contracts with price, IV, greeks, and volume vs. average.

Full active contracts analysis →

Explore the payoff profile of option on FAZ for free

Build multi-leg FAZ strategies, visualize payoffs, and scan the full US options universe with OptiView.

Open FAZ in the platform Scan options

FAZ Options FAQ

How often is FAZ options data on this page updated?

All FAZ statistics on this page are computed by OptiView from delayed OPRA options data and refresh every trading day after the session close.

Where can I see FAZ max pain, open interest, and implied volatility in detail?

OptiView publishes dedicated FAZ pages for implied volatility, max pain, open interest, gamma exposure, options volume, and the most active contracts — each with charts, history, and a plain-English explanation of what the numbers mean.

Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.

Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.