FDRR Options History — July 2022

In July 2022, FDRR traded between $38.59 and $41.14. ATM implied volatility averaged 32.8%, placing in the 38.2% IV rank vs the trailing year. The 30-day expected move averaged 7.5%. IV traded above realized volatility by 13.3% (HV 20d: 19.6%). Max pain ranged from $37.00 to $40.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 8 of 20 days. Put/call ratio averaged 4.59.

Notable Days

2022-07-01: Highest Volume — 45 contracts
2022-07-13: Largest IV drop — 60.6% change
2022-07-12: Highest IV Rank — 84.3%
2022-07-18: Largest Expected Move — 10.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$39.57	$38.59	$41.14	$39.01	$41.14
Max Pain	$38.15	$37.00	$40.00	$37.00	$38.00
ATM IV	32.8%	22.7%	58.4%	34.5%	31.3%
Expected Move	7.5%	6.5%	10.8%	9.9%	9.0%
HV 20d	19.6%	13.7%	26.0%	25.8%	14.5%
HV 60d	23.6%	23.0%	24.1%	23.8%	23.1%
IV Rank	38.2%	20.1%	84.3%	41.2%	35.3%
IV Percentile	73.9%	44.4%	99.2%	92.5%	83.7%
Term Structure	-1.1%	-9.3%	4.7%	-9.3%	-8.9%
VWIV	27.2%	21.6%	38.2%	38.2%	28.4%
Skew 25d	5.3%	1.2%	20.6%	2.1%	6.8%
Skew 10d	4.4%	-5.3%	29.4%	3.2%	-5.3%
Call IV 25d	26.9%	17.1%	41.7%	41.7%	31.7%
Put IV 25d	32.2%	26.3%	43.8%	43.8%	38.5%
Bid-Ask Spread %	134.67	125.42	146.11	130.24	125.42
Gamma HHI	0.42	0.30	0.62	0.32	0.50
Net GEX	-1.4K	-2.1K	-1.1K	-1.3K	-1.4K
Net DEX	6.3K	-9.0K	17.8K	16.6K	-9.0K
Net VEX	-176	-257	-62	-257	-62
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	4.59	4.00	5.29	4.00	5.29
Total Volume	44.15	43	45	45	44
Total OI	42.95	42	44	43	43

Daily Data (20 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
2022-07-01	$39.01	$37.00	34.5%	9.9%	25.8%	41.2%	38.2%	2.1%	-9.3%	-1.3K	16.6K	-257	4.00	130.24	N/A	N/A	9	36	7	36
2022-07-05	$38.82	$40.00	40.8%	7.4%	25.8%	52.6%	26.7%	3.7%	-2.2%	-1.9K	14.5K	-224	4.00	135.40	N/A	N/A	9	36	7	36
2022-07-06	$39.08	$40.00	36.8%	6.6%	26.0%	45.3%	21.6%	4.4%	-0.5%	-1.6K	11.9K	-214	4.00	130.00	N/A	N/A	9	36	7	36
2022-07-07	$39.40	$38.00	45.2%	7.5%	26.0%	60.4%	28.2%	3.7%	-5.1%	-1.1K	4.1K	-200	4.00	140.19	N/A	N/A	9	36	8	36
2022-07-08	$39.44	$38.00	45.9%	7.3%	25.9%	61.8%	27.6%	3.0%	-3.7%	-1.3K	4.2K	-196	4.00	139.76	N/A	N/A	9	36	8	36
2022-07-11	$39.06	$38.00	51.3%	6.8%	25.5%	71.4%	24.7%	2.5%	-1.8%	-1.1K	9.5K	-224	4.00	133.88	N/A	N/A	9	36	8	36
2022-07-12	$38.76	$38.00	58.4%	6.9%	24.5%	84.3%	26.9%	1.8%	-3.3%	-1.1K	11.4K	-222	4.00	134.10	N/A	N/A	9	36	8	36
2022-07-13	$38.74	$38.00	23.0%	6.6%	19.1%	20.6%	24.3%	3.2%	-0.3%	-1.4K	12.8K	-225	4.00	129.57	N/A	N/A	9	36	8	36
2022-07-14	$38.59	$38.00	26.7%	7.7%	19.1%	27.3%	27.3%	3.5%	4.7%	-1.6K	12.9K	-218	4.00	135.96	N/A	N/A	9	36	8	36
2022-07-15	$39.21	$38.00	30.3%	8.7%	19.6%	33.7%	29.4%	3.4%	-3.4%	-1.5K	11.0K	-235	4.00	141.58	N/A	N/A	9	36	8	36
2022-07-18	$39.00	$38.00	37.5%	10.8%	16.1%	46.7%	29.2%	20.6%	1.8%	-1.2K	17.8K	-238	5.14	146.11	N/A	N/A	7	36	6	36
2022-07-19	$39.91	$38.00	23.1%	6.6%	17.6%	20.9%	24.2%	14.6%	2.4%	-2.1K	-1.8K	-96	5.14	133.97	N/A	N/A	7	36	6	36
2022-07-20	$40.01	$38.00	23.2%	6.7%	16.3%	21.0%	26.1%	3.4%	4.4%	-1.3K	2.3K	-129	5.14	136.17	N/A	N/A	7	36	6	36
2022-07-21	$40.05	$38.00	23.3%	6.7%	16.2%	21.2%	26.0%	2.6%	3.1%	-1.4K	1.7K	-126	5.14	135.26	N/A	N/A	7	36	6	36
2022-07-22	$39.95	$38.00	23.2%	6.7%	16.2%	21.0%	26.5%	1.2%	3.6%	-1.3K	2.1K	-126	5.14	134.93	N/A	N/A	7	36	6	36
2022-07-25	$40.04	$38.00	22.7%	6.5%	13.7%	20.1%	25.7%	7.4%	1.1%	-1.4K	774	-118	5.14	131.94	N/A	N/A	7	36	6	36
2022-07-26	$39.78	$38.00	25.4%	7.3%	14.0%	24.7%	28.9%	9.8%	2.1%	-1.6K	2.2K	-121	5.14	136.78	N/A	N/A	7	36	6	36
2022-07-27	$40.59	$38.00	27.8%	8.0%	14.9%	29.0%	30.4%	1.5%	-3.0%	-1.1K	-1.2K	-119	5.29	132.42	N/A	N/A	7	37	6	36
2022-07-28	$40.83	$38.00	26.2%	7.5%	14.8%	26.1%	24.8%	6.6%	-2.8%	-1.2K	2.6K	-160	5.29	129.68	N/A	N/A	7	37	6	37
2022-07-29	$41.14	$38.00	31.3%	9.0%	14.5%	35.3%	28.4%	6.8%	-8.9%	-1.4K	-9.0K	-62	5.29	125.42	N/A	N/A	7	37	6	37