FDRR Options History — October 2023

In October 2023, FDRR traded between $38.16 and $40.22. ATM implied volatility averaged 21.8%, placing in the 17.3% IV rank vs the trailing year. The 30-day expected move averaged 5.8%. IV traded above realized volatility by 10.9% (HV 20d: 10.9%). Max pain ranged from $40.00 to $40.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 1 of 22 days. Put/call ratio averaged 1.50.

Notable Days

  • 2023-10-18: Highest Volume — 4 contracts
  • 2023-10-19: Largest IV spike — 123.4% change
  • 2023-10-10: Highest IV Rank — 31.7%
  • 2023-10-04: Largest Expected Move — 6.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$39.41$38.16$40.22$39.55$38.88
Max Pain$40.00$40.00$40.00$40.00$40.00
ATM IV21.8%10.7%30.2%19.0%19.7%
Expected Move5.8%3.1%6.9%5.4%5.6%
HV 20d10.9%9.7%12.7%10.1%12.4%
HV 60d10.0%9.5%10.8%9.7%10.8%
IV Rank17.3%0.0%31.7%7.2%17.7%
IV Percentile44.2%0.0%86.9%19.4%29.0%
Term Structure-3.7%-7.0%9.1%-5.1%-3.6%
VWIV12.5%12.5%12.5%12.5%12.5%
Skew 25d3.3%-3.0%11.9%0.1%11.3%
Skew 10d1.5%-0.2%14.9%0.2%0.3%
Call IV 25d18.6%10.5%24.7%21.7%10.5%
Put IV 25d21.9%17.5%27.9%21.8%21.9%
Bid-Ask Spread %137.09132.06140.56138.92132.38
Gamma HHI0.410.280.590.560.33
Net GEX-235-66200-570
Net DEX2.6K06.6K06.6K
Net VEX-31-5900-50
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.501.002.002.001.00
Total Volume0.3180400
Total OI3.6820707

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-10-02$39.55$0.0019.0%5.4%10.1%7.2%0.0%0.1%-5.1%0000.00138.92N/AN/A0000
2023-10-03$39.16$0.0023.3%6.7%10.4%16.6%0.0%-0.7%-7.0%0000.00139.07N/AN/A0000
2023-10-04$39.23$0.0024.0%6.9%10.2%18.0%0.0%0.3%-6.9%0000.00140.30N/AN/A0000
2023-10-05$39.23$0.0024.0%5.0%10.3%18.0%0.0%0.7%-5.0%0000.00140.56N/AN/A0000
2023-10-06$39.69$0.0026.4%5.2%11.3%23.4%0.0%2.0%-4.1%0000.00134.80N/AN/A0000
2023-10-09$39.81$0.0028.9%5.5%11.2%28.7%0.0%1.7%-4.0%0000.00138.93N/AN/A0000
2023-10-10$40.06$0.0030.2%5.5%11.6%31.7%0.0%3.1%-4.5%0002.00139.04N/AN/A1200
2023-10-11$40.09$0.0019.3%5.5%11.6%7.9%0.0%0.5%-4.7%-1421.1K-320.00140.15N/AN/A0012
2023-10-12$39.92$0.0017.2%4.9%10.7%3.1%0.0%0.1%-5.1%-1481.2K-320.00139.32N/AN/A0012
2023-10-13$39.77$0.0019.5%5.6%9.7%8.2%0.0%0.7%-5.1%-1411.3K-320.00139.10N/AN/A0012
2023-10-16$40.22$0.0019.9%5.7%10.7%9.2%0.0%-3.0%-4.4%-136935-310.00140.07N/AN/A0012
2023-10-17$40.15$0.0020.3%5.8%10.7%10.0%0.0%1.3%-6.3%-139961-310.00138.78N/AN/A0012
2023-10-18$39.80$0.0010.7%3.1%10.9%0.0%12.5%-0.6%9.1%-1841.5K-311.00137.23N/AN/A2212
2023-10-19$39.48$40.0023.9%6.8%10.4%26.0%0.0%3.3%-3.9%-4733.4K-590.00132.67N/AN/A0034
2023-10-20$39.20$40.0023.0%6.6%10.6%24.3%0.0%7.1%-1.7%-5194.7K-570.00134.65N/AN/A0034
2023-10-23$38.95$40.0023.0%6.6%10.7%24.2%0.0%4.7%-3.4%-4395.6K-540.00135.69N/AN/A0034
2023-10-24$39.24$40.0023.9%6.9%10.5%26.1%0.0%9.8%-3.8%-6625.5K-540.00136.28N/AN/A0034
2023-10-25$39.03$40.0023.9%6.9%10.6%26.1%0.0%4.9%-3.8%-4635.6K-530.00137.48N/AN/A0034
2023-10-26$38.64$40.0018.0%5.2%10.7%14.4%0.0%7.8%-3.5%-4546.6K-520.00132.06N/AN/A0034
2023-10-27$38.16$40.0021.5%6.2%11.4%21.3%0.0%6.8%-1.8%-3296.5K-520.00135.32N/AN/A0034
2023-10-30$38.73$40.0019.9%5.7%12.7%18.1%0.0%11.9%-3.4%-3735.4K-540.00133.18N/AN/A0034
2023-10-31$38.88$40.0019.7%5.6%12.4%17.7%0.0%11.3%-3.6%-5706.6K-500.00132.38N/AN/A0034