FDRR Options History — May 2022

In May 2022, FDRR traded between $40.19 and $43.31. ATM implied volatility averaged 27.7%, placing in the 29.1% IV rank vs the trailing year. The 30-day expected move averaged 7.1%. IV traded above realized volatility by 2.0% (HV 20d: 25.7%). Max pain ranged from $38.00 to $44.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 2.33.

Notable Days

2022-05-13: Highest Volume — 51 contracts
2022-05-09: Largest IV spike — 90.3% change
2022-05-09: Highest IV Rank — 85.4%
2022-05-11: Largest Expected Move — 9.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$41.35	$40.19	$43.31	$41.83	$42.41
Max Pain	$39.67	$38.00	$44.00	$44.00	$38.00
ATM IV	27.7%	18.2%	59.1%	25.3%	23.5%
Expected Move	7.1%	5.2%	9.4%	7.2%	6.7%
HV 20d	25.7%	18.6%	28.8%	18.8%	26.9%
HV 60d	20.5%	18.0%	21.9%	18.0%	21.1%
IV Rank	29.1%	12.0%	85.4%	24.7%	21.6%
IV Percentile	62.8%	8.1%	99.5%	64.1%	53.2%
Term Structure	-3.6%	-18.7%	4.9%	-5.5%	-0.4%
VWIV	25.3%	19.9%	29.5%	25.4%	24.4%
Skew 25d	1.1%	-12.3%	13.5%	10.7%	-12.3%
Skew 10d	1.0%	-10.0%	9.1%	6.1%	9.1%
Call IV 25d	27.5%	18.5%	37.5%	21.4%	28.9%
Put IV 25d	28.5%	16.6%	38.7%	32.2%	16.6%
Bid-Ask Spread %	128.16	104.48	137.39	125.43	131.17
Gamma HHI	0.36	0.25	0.47	0.44	0.40
Net GEX	2.2K	1.1K	3.7K	1.6K	3.3K
Net DEX	-18.1K	-50.0K	-1.4K	-6.2K	-45.1K
Net VEX	-181	-357	-38	-45	-173
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	2.33	0.07	3.80	0.22	2.77
Total Volume	39.19	11	51	11	49
Total OI	42.667	13	60	13	54

Daily Data (21 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
2022-05-02	$41.83	$44.00	25.3%	7.2%	18.8%	24.7%	25.4%	10.7%	-5.5%	1.6K	-6.2K	-45	0.22	125.43	N/A	N/A	9	2	11	2
2022-05-03	$42.05	$44.00	26.8%	7.7%	18.6%	27.4%	25.2%	13.5%	-6.7%	1.7K	-8.1K	-46	0.22	128.78	N/A	N/A	9	2	11	2
2022-05-04	$43.31	$44.00	28.8%	8.3%	21.7%	31.1%	29.5%	-3.8%	-11.8%	2.6K	-12.5K	-43	0.22	128.88	N/A	N/A	9	2	11	2
2022-05-05	$41.85	$0.00	32.2%	6.4%	24.7%	37.2%	0.0%	2.5%	-4.0%	1.7K	-5.9K	-42	0.22	129.59	N/A	N/A	9	2	11	2
2022-05-06	$41.76	$0.00	31.0%	7.8%	24.5%	35.0%	0.0%	1.8%	-3.4%	1.6K	-4.3K	-39	0.22	133.17	N/A	N/A	9	2	11	2
2022-05-09	$41.01	$0.00	59.1%	7.8%	25.0%	85.4%	27.2%	1.2%	4.4%	1.2K	-3.8K	-38	0.07	132.06	N/A	N/A	30	2	11	2
2022-05-10	$40.78	$41.00	40.2%	7.3%	24.8%	51.5%	25.4%	1.6%	-1.3%	3.6K	-32.4K	-91	3.80	121.66	N/A	N/A	10	38	22	0
2022-05-11	$40.44	$41.00	32.9%	9.4%	24.9%	38.4%	24.8%	-0.8%	-11.8%	1.7K	-1.6K	-357	3.80	123.92	N/A	N/A	10	38	22	36
2022-05-12	$40.19	$41.00	28.7%	8.2%	24.4%	30.9%	26.8%	5.6%	-3.9%	1.1K	-1.4K	-335	3.80	124.72	N/A	N/A	10	38	22	36
2022-05-13	$41.16	$41.00	24.5%	7.0%	26.4%	23.3%	24.1%	0.6%	-5.8%	1.4K	-24.8K	-151	2.92	104.48	N/A	N/A	13	38	22	36
2022-05-16	$41.22	$38.00	20.6%	5.9%	26.4%	16.3%	26.0%	-1.2%	0.4%	3.7K	-23.0K	-273	2.92	129.22	N/A	N/A	13	38	24	36
2022-05-17	$41.96	$38.00	21.6%	6.2%	26.6%	18.0%	26.5%	1.2%	1.9%	3.1K	-37.6K	-218	2.92	130.40	N/A	N/A	13	38	23	36
2022-05-18	$40.50	$38.00	27.4%	7.9%	28.6%	28.5%	29.5%	-1.6%	-9.8%	2.6K	-12.2K	-294	2.92	127.24	N/A	N/A	13	38	24	36
2022-05-19	$40.22	$38.00	28.8%	8.3%	28.5%	31.0%	28.2%	2.9%	-5.7%	2.4K	-7.1K	-304	2.92	133.06	N/A	N/A	13	38	24	36
2022-05-20	$40.19	$38.00	23.6%	6.8%	28.0%	21.8%	20.6%	2.8%	-3.8%	1.7K	-8.1K	-268	2.92	125.02	N/A	N/A	13	38	24	36
2022-05-23	$40.81	$38.00	20.3%	5.8%	28.8%	15.7%	22.7%	8.6%	3.9%	1.8K	-17.8K	-229	3.60	130.49	N/A	N/A	10	36	17	36
2022-05-24	$40.93	$38.00	19.5%	5.6%	28.2%	14.4%	19.9%	5.5%	4.9%	2.0K	-15.5K	-264	3.60	128.64	N/A	N/A	10	36	17	36
2022-05-25	$41.32	$38.00	23.0%	6.6%	28.5%	20.6%	28.3%	-3.8%	0.7%	2.1K	-20.7K	-235	3.00	137.39	N/A	N/A	12	36	17	36
2022-05-26	$41.94	$38.00	25.7%	7.4%	28.3%	25.5%	24.9%	-5.8%	-18.7%	1.3K	-42.8K	-159	3.00	135.43	N/A	N/A	12	36	19	36
2022-05-27	$42.48	$38.00	18.2%	5.2%	26.9%	12.0%	20.8%	-6.7%	0.7%	3.2K	-50.0K	-195	2.77	130.56	N/A	N/A	13	36	19	36
2022-05-31	$42.41	$38.00	23.5%	6.7%	26.9%	21.6%	24.4%	-12.3%	-0.4%	3.3K	-45.1K	-173	2.77	131.17	N/A	N/A	13	36	18	36