FDRR Options History — January 2023

In January 2023, FDRR traded between $39.85 and $41.64. ATM implied volatility averaged 21.7%, placing in the 14.5% IV rank vs the trailing year. The 30-day expected move averaged 5.8%. IV traded above realized volatility by 6.4% (HV 20d: 15.3%). Max pain ranged from $35.00 to $35.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 2 of 20 days.

Notable Days

  • 2023-01-23: Highest Volume — 1 contracts
  • 2023-01-18: Largest IV spike — 44.2% change
  • 2023-01-03: Highest IV Rank — 33.2%
  • 2023-01-03: Largest Expected Move — 9.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$40.90$39.85$41.64$39.85$41.45
Max Pain$35.00$35.00$35.00$35.00$35.00
ATM IV21.7%17.1%31.3%31.3%21.2%
Expected Move5.8%4.7%9.0%9.0%6.1%
HV 20d15.3%13.1%17.3%16.2%13.2%
HV 60d18.8%17.5%20.2%20.2%17.5%
IV Rank14.5%5.1%33.2%33.2%12.3%
IV Percentile23.6%2.0%77.0%77.0%19.0%
Term Structure-3.5%-8.9%2.7%-8.4%-4.4%
Skew 25d1.9%-1.0%6.7%0.9%5.1%
Skew 10d1.4%0.5%2.7%2.5%1.9%
Call IV 25d20.6%17.0%37.9%37.9%18.1%
Put IV 25d22.6%17.0%38.8%38.8%23.2%
Bid-Ask Spread %133.89127.39139.13137.85131.28
Gamma HHI1.001.001.001.001.00
Net GEX-1-5000
Net DEX101000
Net VEX00000
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume0.050100
Total OI0.30101

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-01-03$39.85$0.0031.3%9.0%16.2%33.2%0.0%0.9%-8.4%0000.00137.85N/AN/A0000
2023-01-04$39.98$0.0021.3%6.1%15.3%14.7%0.0%0.1%-4.4%0000.00139.13N/AN/A0000
2023-01-05$39.97$0.0024.7%5.3%14.9%21.1%0.0%-0.0%-3.7%0000.00132.15N/AN/A0000
2023-01-06$40.91$0.0027.3%5.6%17.2%25.9%0.0%2.4%0.6%0000.00127.39N/AN/A0000
2023-01-09$40.64$0.0022.9%4.7%17.2%17.6%0.0%-1.0%-2.4%0000.00136.15N/AN/A0000
2023-01-10$40.76$0.0024.0%4.7%17.3%19.7%0.0%1.3%-0.5%0000.00136.68N/AN/A0000
2023-01-11$41.12$0.0020.8%6.0%17.2%13.8%0.0%1.1%-3.1%0000.00130.54N/AN/A0000
2023-01-12$41.25$0.0017.1%4.9%16.9%6.9%0.0%1.2%-1.9%0000.00136.54N/AN/A0000
2023-01-13$41.44$0.0020.5%5.9%16.9%13.2%0.0%6.6%-4.2%0000.00131.38N/AN/A0000
2023-01-17$41.25$0.0017.9%5.1%14.6%8.4%0.0%0.2%-3.1%0000.00136.81N/AN/A0000
2023-01-18$40.61$0.0025.8%7.4%14.9%23.2%0.0%6.7%-8.9%0000.00132.39N/AN/A0000
2023-01-19$40.39$0.0018.6%5.3%15.1%9.8%0.0%0.4%2.7%0000.00137.65N/AN/A0000
2023-01-20$40.73$0.0025.7%7.4%15.1%20.9%0.0%5.3%-5.4%0000.00136.90N/AN/A0000
2023-01-23$41.11$0.0017.4%5.0%15.0%5.1%0.0%1.7%-2.8%0000.00133.36N/AN/A0100
2023-01-24$41.09$35.0019.3%5.5%14.2%8.6%0.0%0.9%-4.6%-51000.00133.61N/AN/A0001
2023-01-25$41.19$35.0018.4%5.3%14.1%7.0%0.0%2.6%-2.7%-3600.00130.83N/AN/A0001
2023-01-26$41.42$35.0018.4%5.3%14.2%6.9%0.0%0.5%-3.4%-2300.00132.47N/AN/A0001
2023-01-27$41.64$35.0019.6%5.6%13.1%9.2%0.0%1.9%-3.8%-2300.00132.32N/AN/A0001
2023-01-30$41.19$35.0021.2%6.1%13.3%12.2%0.0%0.7%-5.4%-3600.00132.36N/AN/A0001
2023-01-31$41.45$35.0021.2%6.1%13.2%12.3%0.0%5.1%-4.4%0000.00131.28N/AN/A0001