FDRR Options History — February 2023

In February 2023, FDRR traded between $40.33 and $42.16. ATM implied volatility averaged 21.2%, placing in the 12.2% IV rank vs the trailing year. The 30-day expected move averaged 5.5%. IV traded above realized volatility by 8.4% (HV 20d: 12.8%). Max pain ranged from $35.00 to $43.00. Net GEX was positive for 5 of 19 trading days. Term structure was in contango for 1 of 19 days. Put/call ratio averaged 0.00.

Notable Days

2023-02-21: Highest Volume — 6 contracts
2023-02-27: Largest IV spike — 45.7% change
2023-02-27: Highest IV Rank — 25.7%
2023-02-27: Largest Expected Move — 8.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$41.41	$40.33	$42.16	$42.12	$40.39
Max Pain	$41.40	$35.00	$43.00	$35.00	$43.00
ATM IV	21.2%	16.7%	28.2%	22.0%	23.3%
Expected Move	5.5%	4.7%	8.1%	6.3%	6.7%
HV 20d	12.8%	11.4%	14.3%	14.1%	12.8%
HV 60d	15.5%	14.2%	17.6%	17.6%	14.2%
IV Rank	12.2%	3.7%	25.7%	13.8%	16.3%
IV Percentile	24.2%	1.6%	67.1%	25.4%	36.1%
Term Structure	-2.7%	-12.7%	19.8%	-4.0%	-12.7%
VWIV	29.2%	29.2%	29.2%	29.2%	29.2%
Skew 25d	1.5%	-1.6%	4.2%	4.2%	0.1%
Skew 10d	1.7%	-0.3%	7.2%	2.5%	0.6%
Call IV 25d	20.2%	16.8%	30.8%	21.8%	22.7%
Put IV 25d	21.8%	17.7%	32.9%	26.0%	22.8%
Bid-Ask Spread %	132.06	125.66	135.06	127.41	135.06
Gamma HHI	0.90	0.51	1.00	1.00	0.54
Net GEX	199	-3	1.4K	0	665
Net DEX	648	-11.2K	7.0K	0	7.0K
Net VEX	-12	-52	0	0	-45
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.00	0.00	0.00	0.00	0.00
Total Volume	0.579	0	6	0	0
Total OI	3.316	0	11	1	11

Daily Data (19 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2023-02-01	$42.12	$35.00	22.0%	6.3%	14.1%	13.8%	0.0%	4.2%	-4.0%	0	0	0	127.41	N/A	N/A	0	0	0	1
2023-02-02	$42.16	$0.00	26.4%	5.6%	14.1%	22.1%	0.0%	2.9%	-3.4%	-2	4	0	133.03	N/A	N/A	0	0	0	1
2023-02-03	$41.98	$0.00	27.8%	4.7%	14.3%	24.8%	0.0%	1.0%	-1.0%	-3	6	0	132.95	N/A	N/A	0	0	0	1
2023-02-06	$41.77	$0.00	25.4%	5.0%	12.2%	20.2%	0.0%	0.3%	-2.2%	-1	2	0	134.60	N/A	N/A	0	0	0	1
2023-02-07	$42.06	$0.00	27.0%	5.4%	12.0%	23.3%	0.0%	4.1%	-1.5%	0	1	0	130.81	N/A	N/A	0	0	0	1
2023-02-08	$41.69	$0.00	17.4%	5.0%	12.5%	4.9%	0.0%	-0.8%	-3.2%	-1	1	0	131.66	N/A	N/A	0	0	0	1
2023-02-09	$41.36	$0.00	17.8%	5.1%	12.6%	5.7%	0.0%	-1.6%	-4.3%	0	0	0	125.66	N/A	N/A	0	0	0	1
2023-02-10	$41.48	$0.00	16.7%	4.8%	12.6%	3.7%	0.0%	1.3%	-0.3%	-1	1	0	131.60	N/A	N/A	0	0	0	1
2023-02-13	$41.97	$0.00	17.5%	5.0%	13.1%	5.2%	0.0%	2.3%	-2.2%	0	0	0	131.74	N/A	N/A	0	0	0	1
2023-02-14	$41.92	$0.00	21.5%	6.2%	13.0%	12.9%	0.0%	2.8%	-4.9%	-1	1	0	131.22	N/A	N/A	0	0	0	1
2023-02-15	$41.89	$0.00	17.4%	5.0%	11.5%	5.1%	0.0%	3.8%	-2.5%	0	0	0	132.77	N/A	N/A	0	0	0	1
2023-02-16	$41.63	$0.00	17.8%	5.1%	11.6%	5.7%	0.0%	1.2%	19.8%	0	0	0	132.81	N/A	N/A	0	0	0	1
2023-02-17	$41.50	$0.00	19.5%	5.6%	11.4%	9.1%	0.0%	0.6%	-2.7%	-1	2	0	133.92	N/A	N/A	0	0	0	1
2023-02-21	$40.80	$0.00	18.8%	5.4%	12.6%	7.7%	0.0%	4.0%	-7.1%	0	0	0	131.14	N/A	N/A	6	0	0	0
2023-02-22	$40.53	$0.00	18.9%	5.4%	12.8%	7.8%	29.2%	-0.5%	-6.4%	1.4K	-11.2K	-38	133.48	N/A	N/A	0	5	6	0
2023-02-23	$40.78	$43.00	19.3%	5.5%	13.0%	8.7%	0.0%	0.1%	-6.2%	882	5.2K	-52	132.21	N/A	N/A	0	0	6	5
2023-02-24	$40.33	$43.00	19.4%	5.6%	13.3%	8.8%	0.0%	1.3%	-0.1%	531	6.8K	-48	133.55	N/A	N/A	0	0	6	5
2023-02-27	$40.50	$43.00	28.2%	8.1%	13.2%	25.7%	0.0%	2.1%	-7.2%	308	4.6K	-50	133.54	N/A	N/A	0	0	6	5
2023-02-28	$40.39	$43.00	23.3%	6.7%	12.8%	16.3%	0.0%	0.1%	-12.7%	665	7.0K	-45	135.06	N/A	N/A	0	0	6	5