FDRR Options History — September 2023

In September 2023, FDRR traded between $39.65 and $42.04. ATM implied volatility averaged 27.9%, placing in the 25.3% IV rank vs the trailing year. The 30-day expected move averaged 6.2%. IV traded above realized volatility by 17.7% (HV 20d: 10.3%). Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 1 of 20 days.

Notable Days

  • 2023-09-26: Largest IV spike — 172.6% change
  • 2023-09-26: Highest IV Rank — 100.0%
  • 2023-09-26: Largest Expected Move — 17.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$40.98$39.65$42.04$42.04$39.81
ATM IV27.9%16.2%61.5%25.4%23.2%
Expected Move6.2%4.5%17.6%7.3%6.7%
HV 20d10.3%9.2%11.3%9.3%10.1%
HV 60d9.7%9.2%9.9%9.6%9.6%
IV Rank25.3%1.0%100.0%19.3%16.3%
IV Percentile54.4%1.2%100.0%67.1%54.8%
Term Structure-4.2%-20.5%0.6%-10.6%-6.0%
Skew 25d2.5%-1.4%23.9%-1.4%0.2%
Skew 10d2.5%-2.6%9.5%-2.6%-1.9%
Call IV 25d22.8%15.6%63.3%24.1%28.0%
Put IV 25d25.3%15.8%87.2%22.7%28.2%
Bid-Ask Spread %142.75140.17157.21142.16140.25
Net GEX00000
Net DEX00000
Net VEX00000
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI00000

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-09-01$42.04$0.0025.4%7.3%9.3%19.3%0.0%-1.4%-10.6%0000.00142.16N/AN/A0000
2023-09-05$41.89$0.0029.5%5.0%9.2%27.5%0.0%0.1%-1.9%0000.00142.67N/AN/A0000
2023-09-06$41.47$0.0028.9%4.5%9.8%26.2%0.0%-0.6%-2.1%0000.00141.26N/AN/A0000
2023-09-07$41.27$0.0036.4%5.4%9.9%41.1%0.0%1.8%-2.3%0000.00144.79N/AN/A0000
2023-09-08$41.39$0.0038.8%5.2%9.9%46.0%0.0%2.1%-1.9%0000.00142.84N/AN/A0000
2023-09-11$41.59$0.0044.8%5.1%10.0%57.9%0.0%-0.4%-0.4%0000.00143.13N/AN/A0000
2023-09-12$41.53$0.0050.7%5.1%10.0%69.7%0.0%3.8%-0.3%0000.00142.69N/AN/A0000
2023-09-13$41.49$0.0017.4%5.0%9.3%3.4%0.0%-0.3%-3.0%0000.00142.81N/AN/A0000
2023-09-14$41.91$0.0016.2%4.6%9.8%1.0%0.0%2.4%0.6%0000.00142.75N/AN/A0000
2023-09-15$41.28$0.0017.3%5.0%11.1%3.5%0.0%0.9%-2.8%0000.00143.56N/AN/A0000
2023-09-18$41.20$0.0020.5%5.9%11.1%10.5%0.0%1.0%-3.3%0000.00141.78N/AN/A0000
2023-09-19$41.25$0.0019.5%5.6%11.1%8.3%0.0%5.2%-3.3%0000.00141.94N/AN/A0000
2023-09-20$41.05$0.0017.5%5.0%10.8%3.9%0.0%-0.7%-4.1%0000.00140.17N/AN/A0000
2023-09-21$40.53$0.0019.8%5.7%11.3%9.0%0.0%-0.8%-3.4%0000.00140.91N/AN/A0000
2023-09-22$40.34$0.0022.7%6.5%11.0%15.3%0.0%4.5%-5.0%0000.00141.73N/AN/A0000
2023-09-25$40.26$0.0022.6%6.5%10.7%15.0%0.0%2.0%-4.9%0000.00141.77N/AN/A0000
2023-09-26$39.80$0.0061.5%17.6%11.0%100.0%0.0%23.9%-20.5%0000.00157.21N/AN/A0000
2023-09-27$39.65$0.0022.5%6.5%9.7%14.8%0.0%5.1%-4.7%0000.00140.25N/AN/A0000
2023-09-28$39.91$0.0023.3%6.7%10.1%16.5%0.0%1.5%-5.0%0000.00140.33N/AN/A0000
2023-09-29$39.81$0.0023.2%6.7%10.1%16.3%0.0%0.2%-6.0%0000.00140.25N/AN/A0000