FDRR Options History — August 2023

In August 2023, FDRR traded between $41.02 and $42.92. ATM implied volatility averaged 22.9%, placing in the 14.3% IV rank vs the trailing year. The 30-day expected move averaged 6.2%. IV traded above realized volatility by 14.3% (HV 20d: 8.6%). Max pain ranged from $39.00 to $39.00. Net GEX was positive for 14 of 23 trading days. Term structure was in contango for 1 of 23 days.

Notable Days

  • 2023-08-09: Largest IV drop — 33.7% change
  • 2023-08-07: Highest IV Rank — 27.4%
  • 2023-08-28: Largest Expected Move — 7.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$41.77$41.02$42.92$42.92$42.04
Max Pain$39.00$39.00$39.00$39.00$39.00
ATM IV22.9%16.2%29.5%22.9%24.9%
Expected Move6.2%4.6%7.6%6.6%7.2%
HV 20d8.6%7.9%10.2%8.3%9.6%
HV 60d9.9%9.6%10.3%10.3%9.7%
IV Rank14.3%0.9%27.4%14.4%18.4%
IV Percentile48.6%0.8%83.3%49.2%64.3%
Term Structure-5.1%-11.3%13.8%-5.3%-9.1%
Skew 25d0.8%-3.6%6.9%-1.0%-0.8%
Skew 10d-0.2%-5.3%6.2%-5.3%-2.0%
Call IV 25d22.5%12.4%30.2%22.4%25.0%
Put IV 25d23.3%16.4%30.3%21.4%24.2%
Bid-Ask Spread %139.03135.12143.20137.61142.94
Gamma HHI1.001.001.001.001.00
Net GEX700181580
Net DEX-2.4K-4.2K0-4.2K0
Net VEX-0-10-10
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI0.6090110

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-08-01$42.92$39.0022.9%6.6%8.3%14.4%0.0%-1.0%-5.3%58-4.2K-10.00137.61N/AN/A0010
2023-08-02$42.48$39.0025.3%7.2%9.1%19.0%0.0%0.2%-5.3%92-4.0K-10.00137.79N/AN/A0010
2023-08-03$42.34$0.0024.8%5.3%8.4%18.0%0.0%-3.6%-4.3%92-4.0K-10.00137.13N/AN/A0010
2023-08-04$42.04$0.0025.5%5.3%9.0%19.4%0.0%1.1%-4.6%113-3.9K-10.00135.12N/AN/A0010
2023-08-07$42.22$0.0029.5%5.6%9.0%27.4%0.0%0.1%-6.4%95-4.0K-10.00139.43N/AN/A0010
2023-08-08$42.10$0.0028.7%5.6%8.6%25.9%0.0%2.2%-1.4%104-3.9K-10.00136.03N/AN/A0010
2023-08-09$42.05$0.0019.1%5.5%8.3%6.6%0.0%2.0%-4.2%115-3.8K-10.00138.08N/AN/A0010
2023-08-10$41.85$0.0018.8%5.4%8.1%6.2%0.0%0.9%-5.5%124-3.8K-10.00135.29N/AN/A0010
2023-08-11$41.98$0.0019.8%5.7%8.1%8.2%0.0%-0.5%-5.0%107-3.9K-10.00138.54N/AN/A0010
2023-08-14$41.97$0.0016.2%4.6%8.0%0.9%0.0%2.9%-3.0%86-4.0K00.00138.99N/AN/A0010
2023-08-15$41.53$0.0020.5%5.9%8.2%9.5%0.0%0.4%-6.6%147-3.7K-10.00137.56N/AN/A0010
2023-08-16$41.33$0.0021.0%6.0%7.9%10.5%0.0%-1.2%-6.2%151-3.8K00.00136.57N/AN/A0010
2023-08-17$41.14$0.0021.4%6.1%8.0%11.4%0.0%0.9%13.8%181-3.5K00.00136.79N/AN/A0010
2023-08-18$41.27$0.0022.0%6.3%8.1%12.6%0.0%0.5%-4.7%146-3.8K00.00138.17N/AN/A0010
2023-08-21$41.36$0.0022.1%6.3%8.0%12.7%0.0%6.9%-5.4%0000.00141.28N/AN/A0000
2023-08-22$41.03$0.0023.0%6.6%8.0%14.4%0.0%1.1%-6.4%0000.00141.64N/AN/A0000
2023-08-23$41.38$0.0023.3%6.7%8.9%15.2%0.0%1.8%-6.6%0000.00142.53N/AN/A0000
2023-08-24$41.02$0.0019.9%5.7%9.0%8.3%0.0%4.8%-7.6%0000.00139.41N/AN/A0000
2023-08-25$41.27$0.0023.2%6.6%8.7%14.8%0.0%-2.6%-6.3%0000.00140.28N/AN/A0000
2023-08-28$41.47$0.0026.7%7.6%9.0%21.8%0.0%1.1%-11.3%0000.00143.20N/AN/A0000
2023-08-29$41.97$0.0023.8%6.8%10.2%16.1%0.0%1.2%-7.8%0000.00141.21N/AN/A0000
2023-08-30$42.03$0.0024.5%7.0%9.7%17.5%0.0%0.1%-8.5%0000.00142.03N/AN/A0000
2023-08-31$42.04$0.0024.9%7.2%9.6%18.4%0.0%-0.8%-9.1%0000.00142.94N/AN/A0000