FDRR Options History — March 2022

In March 2022, FDRR traded between $42.20 and $45.39. ATM implied volatility averaged 27.0%, placing in the 40.5% IV rank vs the trailing year. The 30-day expected move averaged 7.4%. IV traded above realized volatility by 7.8% (HV 20d: 19.2%). Max pain ranged from $41.00 to $44.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 0 of 23 days. Put/call ratio averaged 0.22.

Notable Days

2022-03-04: Highest Volume — 12 contracts
2022-03-04: Largest IV spike — 47.2% change
2022-03-04: Highest IV Rank — 75.5%
2022-03-08: Largest Expected Move — 13.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$43.62	$42.20	$45.39	$42.84	$44.70
Max Pain	$42.83	$41.00	$44.00	$41.00	$44.00
ATM IV	27.0%	20.9%	40.4%	27.4%	23.5%
Expected Move	7.4%	4.7%	13.2%	7.9%	4.8%
HV 20d	19.2%	16.5%	21.1%	17.9%	16.6%
HV 60d	15.9%	14.9%	16.4%	14.9%	16.3%
IV Rank	40.5%	24.6%	75.5%	41.4%	31.2%
IV Percentile	70.1%	39.0%	96.6%	78.7%	56.1%
Term Structure	-5.3%	-12.0%	-1.2%	-7.0%	-7.6%
VWIV	27.5%	16.1%	51.8%	31.1%	17.1%
Skew 25d	3.5%	0.2%	20.9%	2.4%	0.2%
Skew 10d	3.8%	-0.7%	22.2%	2.3%	0.9%
Call IV 25d	26.9%	15.5%	35.6%	29.8%	31.0%
Put IV 25d	30.5%	23.3%	37.4%	32.2%	31.2%
Bid-Ask Spread %	134.44	118.08	148.30	126.32	135.24
Gamma HHI	0.29	0.21	0.38	0.36	0.38
Net GEX	243	19	597	174	19
Net DEX	-6.2K	-14.1K	-575	-575	-4.4K
Net VEX	-37	-46	-31	-32	-32
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.22	0.20	0.25	0.22	0.25
Total Volume	11.087	10	12	11	10
Total OI	6.13	5	8	5	5

Daily Data (23 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
2022-03-01	$42.84	$41.00	27.4%	7.9%	17.9%	41.4%	31.1%	2.4%	-7.0%	174	-575	-32	0.22	126.32	N/A	N/A	9	2	3	2
2022-03-02	$43.77	$41.00	25.4%	7.3%	19.3%	36.3%	29.0%	2.9%	-2.8%	149	-7.1K	-32	0.22	126.76	N/A	N/A	9	2	4	2
2022-03-03	$43.54	$41.00	27.5%	7.9%	18.9%	41.6%	31.4%	1.6%	-3.2%	232	-6.2K	-35	0.22	131.86	N/A	N/A	9	2	4	2
2022-03-04	$43.20	$41.00	40.4%	11.6%	18.6%	75.5%	40.3%	3.9%	-3.4%	258	-5.6K	-37	0.20	135.81	N/A	N/A	10	2	4	2
2022-03-07	$42.45	$41.00	39.4%	11.3%	19.4%	72.8%	44.6%	3.3%	-5.5%	395	-7.0K	-46	0.20	142.09	N/A	N/A	10	2	5	2
2022-03-08	$42.24	$41.00	27.6%	13.2%	19.5%	42.0%	45.4%	1.6%	-4.1%	384	-5.8K	-43	0.20	132.69	N/A	N/A	10	2	5	2
2022-03-09	$43.04	$41.00	25.3%	11.7%	20.7%	36.0%	44.5%	3.4%	-3.3%	359	-7.9K	-43	0.20	139.95	N/A	N/A	10	2	5	2
2022-03-10	$42.61	$41.00	21.9%	10.3%	20.3%	27.0%	39.0%	3.4%	-2.3%	427	-6.7K	-41	0.20	133.34	N/A	N/A	10	2	5	2
2022-03-11	$42.41	$41.00	23.3%	13.1%	19.7%	30.9%	51.8%	2.6%	-4.3%	539	-9.8K	-45	0.20	137.72	N/A	N/A	10	2	6	2
2022-03-14	$42.20	$44.00	27.6%	4.7%	19.5%	42.0%	22.4%	5.7%	-12.0%	597	-9.9K	-43	0.20	122.67	N/A	N/A	10	2	6	2
2022-03-15	$42.81	$44.00	32.6%	6.6%	20.3%	55.0%	22.5%	20.9%	-6.2%	531	-10.7K	-43	0.20	118.08	N/A	N/A	10	2	6	2
2022-03-16	$43.32	$44.00	32.4%	7.2%	20.4%	54.5%	21.0%	8.1%	-3.3%	544	-12.7K	-42	0.20	128.32	N/A	N/A	10	2	6	2
2022-03-17	$43.94	$44.00	25.5%	5.4%	21.1%	36.6%	16.1%	7.3%	-1.2%	315	-14.1K	-36	0.20	123.00	N/A	N/A	10	2	6	2
2022-03-18	$44.02	$44.00	20.9%	5.2%	20.3%	24.6%	20.1%	2.5%	-4.0%	97	-2.7K	-36	0.20	138.21	N/A	N/A	10	2	3	2
2022-03-21	$43.83	$44.00	25.3%	5.5%	20.3%	36.0%	18.9%	1.7%	-6.6%	60	-2.4K	-36	0.25	139.62	N/A	N/A	8	2	3	2
2022-03-22	$44.36	$44.00	22.0%	5.0%	20.3%	27.3%	18.0%	1.8%	-3.8%	54	-3.5K	-35	0.25	136.15	N/A	N/A	8	2	3	2
2022-03-23	$43.98	$44.00	30.2%	6.6%	19.7%	48.7%	22.9%	0.3%	-7.3%	67	-2.8K	-36	0.25	148.30	N/A	N/A	8	2	3	2
2022-03-24	$44.33	$44.00	25.7%	5.7%	19.7%	36.9%	20.5%	1.9%	-6.0%	81	-3.4K	-35	0.25	141.71	N/A	N/A	8	2	3	2
2022-03-25	$44.59	$44.00	25.6%	5.3%	17.8%	36.8%	20.0%	1.4%	-7.2%	75	-4.0K	-34	0.25	142.86	N/A	N/A	8	2	3	2
2022-03-28	$44.73	$44.00	27.1%	5.5%	17.5%	40.7%	21.0%	1.3%	-7.8%	81	-4.3K	-33	0.25	142.14	N/A	N/A	8	2	3	2
2022-03-29	$45.39	$44.00	21.8%	4.7%	17.6%	26.7%	18.1%	1.9%	-5.1%	86	-6.1K	-31	0.25	134.55	N/A	N/A	8	2	3	2
2022-03-30	$45.01	$44.00	23.0%	4.7%	16.5%	30.0%	17.2%	0.8%	-6.9%	61	-5.3K	-32	0.25	134.78	N/A	N/A	8	2	3	2
2022-03-31	$44.70	$44.00	23.5%	4.8%	16.6%	31.2%	17.1%	0.2%	-7.6%	19	-4.4K	-32	0.25	135.24	N/A	N/A	8	2	3	2