FDRR Options History — December 2021

In December 2021, FDRR traded between $42.92 and $45.53. ATM implied volatility averaged 26.6%, placing in the 24.2% IV rank vs the trailing year. The 30-day expected move averaged 6.0%. IV traded above realized volatility by 12.6% (HV 20d: 14.0%). Max pain ranged from $41.00 to $41.00. Net GEX was positive for 3 of 22 trading days. Term structure was in contango for 0 of 22 days. Put/call ratio averaged 0.58.

Notable Days

2021-12-16: Highest Volume — 4 contracts
2021-12-15: Largest IV drop — 64.2% change
2021-12-27: Highest IV Rank — 30.8%
2021-12-03: Largest Expected Move — 8.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$44.42	$42.92	$45.53	$42.92	$45.50
Max Pain	$41.00	$41.00	$41.00	$41.00	$41.00
ATM IV	26.6%	17.8%	49.8%	26.3%	21.2%
Expected Move	6.0%	5.1%	8.6%	7.6%	6.1%
HV 20d	14.0%	11.4%	16.7%	11.4%	13.4%
HV 60d	12.0%	11.3%	12.6%	11.9%	11.7%
IV Rank	24.2%	20.3%	30.8%	26.5%	25.4%
IV Percentile	44.0%	26.4%	63.1%	57.1%	50.0%
Term Structure	-4.0%	-11.6%	-1.1%	-11.6%	-4.7%
VWIV	28.7%	22.9%	36.7%	25.8%	36.7%
Skew 25d	-1.4%	-11.4%	5.2%	-1.7%	5.2%
Skew 10d	-2.5%	-14.6%	2.8%	-1.3%	1.6%
Call IV 25d	22.3%	17.0%	34.3%	32.3%	20.1%
Put IV 25d	20.9%	11.7%	34.6%	30.6%	25.3%
Bid-Ask Spread %	134.10	128.53	141.30	128.53	137.69
Gamma HHI	0.71	0.50	1.00	0.59	0.55
Net GEX	-395	-1.1K	12	-700	-126
Net DEX	-2.1K	-8.3K	5.9K	99	405
Net VEX	-13	-44	-3	-36	-4
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.58	0.33	1.00	1.00	0.50
Total Volume	2.909	2	4	2	3
Total OI	21.864	21	23	22	21

Daily Data (22 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2021-12-01	$42.92	$0.00	26.3%	7.6%	11.4%	0.0%	0.0%	-1.7%	-11.6%	-700	99	-36	1.00	128.53	N/A	N/A	1	1	1	21
2021-12-02	$43.35	$0.00	29.6%	8.5%	11.8%	0.0%	0.0%	2.6%	-9.7%	-591	-2.8K	-8	1.00	129.65	N/A	N/A	1	1	1	21
2021-12-03	$43.08	$0.00	30.0%	8.6%	11.9%	0.0%	0.0%	0.2%	-10.7%	-1.1K	308	-39	1.00	130.64	N/A	N/A	1	1	1	21
2021-12-06	$43.75	$0.00	31.0%	5.7%	12.7%	0.0%	0.0%	3.1%	-1.5%	-482	-3.1K	-8	1.00	130.95	N/A	N/A	1	1	1	21
2021-12-07	$44.21	$0.00	31.6%	5.4%	13.3%	0.0%	25.8%	2.2%	-1.6%	-132	-3.6K	-5	0.50	134.29	N/A	N/A	2	1	1	21
2021-12-08	$44.33	$41.00	31.9%	5.4%	13.3%	0.0%	24.4%	2.4%	-1.1%	-717	-6.3K	-19	0.50	135.05	N/A	N/A	2	1	2	21
2021-12-09	$44.31	$41.00	32.4%	5.4%	13.3%	0.0%	24.8%	2.1%	-1.6%	-713	-6.4K	-18	0.50	136.22	N/A	N/A	2	1	2	21
2021-12-10	$44.64	$41.00	34.4%	5.1%	13.5%	0.0%	23.8%	2.4%	-1.7%	9	-8.0K	-6	0.50	136.18	N/A	N/A	2	1	2	21
2021-12-13	$44.53	$41.00	43.9%	5.1%	13.4%	0.0%	26.5%	1.5%	-1.6%	-421	-7.4K	-7	0.50	135.25	N/A	N/A	2	1	2	21
2021-12-14	$44.22	$41.00	49.8%	5.6%	13.6%	0.0%	26.0%	1.7%	-2.5%	12	-7.6K	-7	0.50	134.26	N/A	N/A	2	1	2	21
2021-12-15	$44.69	$41.00	17.8%	5.1%	14.1%	0.0%	22.9%	2.2%	-1.6%	-360	-7.6K	-6	0.50	132.53	N/A	N/A	2	1	2	21
2021-12-16	$44.80	$41.00	18.3%	5.3%	14.0%	0.0%	27.7%	1.2%	-2.0%	7	-8.3K	-4	0.33	133.86	N/A	N/A	3	1	2	21
2021-12-17	$44.19	$0.00	20.4%	5.8%	14.9%	0.0%	28.4%	-0.6%	-3.1%	-811	1.6K	-13	0.33	135.42	N/A	N/A	3	1	0	21
2021-12-20	$43.51	$0.00	21.7%	6.2%	15.7%	26.5%	25.6%	1.1%	-3.4%	-915	5.9K	-44	0.50	135.01	N/A	N/A	2	1	0	21
2021-12-21	$44.10	$0.00	20.0%	5.7%	16.2%	22.2%	25.8%	-7.5%	-2.3%	-615	3.1K	-24	0.50	133.03	N/A	N/A	2	1	0	21
2021-12-22	$44.48	$0.00	20.4%	5.9%	16.4%	23.2%	26.6%	-6.4%	-2.7%	-309	1.1K	-10	0.50	133.65	N/A	N/A	2	1	0	21
2021-12-23	$44.85	$0.00	19.3%	5.5%	16.7%	20.3%	29.8%	-8.2%	-3.1%	-205	716	-6	0.50	136.37	N/A	N/A	2	1	0	21
2021-12-27	$45.25	$0.00	23.3%	6.7%	15.3%	30.8%	34.7%	-11.4%	-3.8%	-205	767	-7	0.50	141.30	N/A	N/A	2	1	0	21
2021-12-28	$45.42	$0.00	20.2%	5.8%	15.3%	22.6%	35.1%	-7.9%	-2.7%	-141	460	-4	0.50	134.85	N/A	N/A	2	1	0	21
2021-12-29	$45.53	$0.00	19.8%	5.7%	13.6%	21.6%	36.1%	-4.4%	-11.0%	-105	317	-3	0.50	132.54	N/A	N/A	2	1	0	21
2021-12-30	$45.48	$0.00	21.1%	6.0%	13.7%	24.9%	36.1%	-9.7%	-4.2%	-103	330	-3	0.50	132.91	N/A	N/A	2	1	0	21
2021-12-31	$45.50	$0.00	21.2%	6.1%	13.4%	25.4%	36.7%	5.2%	-4.7%	-126	405	-4	0.50	137.69	N/A	N/A	2	1	0	21