FDRR Options History — June 2023

In June 2023, FDRR traded between $40.02 and $41.98. ATM implied volatility averaged 24.4%, placing in the 17.0% IV rank vs the trailing year. The 30-day expected move averaged 5.3%. IV traded above realized volatility by 13.5% (HV 20d: 10.9%). Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 3 of 21 days.

Notable Days

  • 2023-06-12: Largest IV spike — 70.1% change
  • 2023-06-13: Highest IV Rank — 76.4%
  • 2023-06-02: Largest Expected Move — 7.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$41.03$40.02$41.98$40.02$41.70
ATM IV24.4%15.7%54.1%21.5%20.5%
Expected Move5.3%4.0%7.7%6.2%5.9%
HV 20d10.9%9.5%12.3%11.4%11.8%
HV 60d12.2%11.4%13.6%13.2%11.5%
IV Rank17.0%0.0%76.4%10.9%9.6%
IV Percentile39.1%0.0%98.4%31.0%26.6%
Term Structure-2.9%-10.2%1.7%-8.4%-4.3%
Skew 25d1.1%-2.7%5.4%-0.6%1.3%
Skew 10d0.6%-5.4%7.5%-2.4%1.5%
Call IV 25d20.3%15.2%31.6%23.3%25.9%
Put IV 25d21.3%15.7%32.7%22.7%27.2%
Bid-Ask Spread %136.22132.40138.58132.40138.33
Gamma HHI1.001.001.001.001.00
Net GEX162131215215131
Net DEX-3.2K-3.6K-2.6K-2.6K-3.6K
Net VEX-5-7-3-7-3
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI11111

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-06-01$40.02$0.0021.5%6.2%11.4%10.9%0.0%-0.6%-8.4%215-2.6K-70.00132.40N/AN/A0010
2023-06-02$40.71$0.0026.7%7.7%12.3%21.4%0.0%1.1%-10.2%163-2.9K-60.00135.31N/AN/A0010
2023-06-05$40.54$0.0030.5%5.0%10.3%28.9%0.0%1.5%-1.8%165-2.8K-60.00137.17N/AN/A0010
2023-06-06$40.59$0.0025.3%4.1%10.3%18.6%0.0%1.3%-1.4%183-2.9K-60.00133.03N/AN/A0010
2023-06-07$40.76$0.0025.9%4.1%10.2%19.6%0.0%0.8%-1.4%179-3.0K-60.00133.46N/AN/A0010
2023-06-08$40.97$0.0026.0%4.0%10.3%19.9%0.0%0.9%-1.4%181-3.2K-50.00134.36N/AN/A0010
2023-06-09$40.93$0.0027.2%4.0%10.0%22.3%0.0%0.1%-1.7%176-3.2K-50.00134.32N/AN/A0010
2023-06-12$41.17$0.0046.3%5.2%10.1%60.5%0.0%-2.7%-2.2%162-3.2K-50.00138.09N/AN/A0010
2023-06-13$41.39$0.0054.1%5.4%10.1%76.4%0.0%2.2%-2.5%151-3.2K-50.00137.78N/AN/A0010
2023-06-14$41.41$0.0016.3%4.7%9.5%0.3%0.0%0.4%-2.1%157-3.3K-50.00135.94N/AN/A0010
2023-06-15$41.98$0.0015.7%4.5%10.2%0.0%0.0%0.7%1.7%133-3.6K-40.00135.80N/AN/A0010
2023-06-16$41.59$0.0016.9%4.8%10.9%2.3%0.0%2.4%0.2%132-3.5K-40.00136.60N/AN/A0010
2023-06-20$41.17$0.0019.5%5.6%11.7%7.6%0.0%0.9%-3.0%149-3.3K-40.00136.71N/AN/A0010
2023-06-21$40.97$0.0019.4%5.6%11.8%7.4%0.0%1.9%-3.0%158-3.2K-50.00137.64N/AN/A0010
2023-06-22$40.92$0.0020.1%5.7%11.6%8.6%0.0%0.5%-3.7%164-3.3K-50.00137.85N/AN/A0010
2023-06-23$40.63$0.0019.6%5.6%11.4%7.8%0.0%5.4%-3.6%169-3.1K-50.00137.91N/AN/A0010
2023-06-26$40.77$0.0021.0%6.0%11.3%10.6%0.0%1.3%-4.2%166-3.1K-50.00138.58N/AN/A0010
2023-06-27$41.16$0.0016.6%4.7%11.3%1.7%0.0%1.3%0.6%154-3.4K-40.00135.38N/AN/A0010
2023-06-28$41.00$0.0021.3%6.1%11.4%11.1%0.0%1.3%-4.4%159-3.2K-40.00137.53N/AN/A0010
2023-06-29$41.27$0.0021.3%6.1%11.4%11.1%0.0%0.4%-4.3%151-3.5K-40.00136.53N/AN/A0010
2023-06-30$41.70$0.0020.5%5.9%11.8%9.6%0.0%1.3%-4.3%131-3.6K-30.00138.33N/AN/A0010