FDRR Options History — April 2024

In April 2024, FDRR traded between $44.23 and $46.33. ATM implied volatility averaged 21.1%, placing in the 24.0% IV rank vs the trailing year. The 30-day expected move averaged 5.7%. IV traded above realized volatility by 10.1% (HV 20d: 11.0%). Max pain ranged from $39.00 to $40.00. Net GEX was positive for 7 of 22 trading days. Term structure was in contango for 1 of 22 days. Put/call ratio averaged 0.11.

Notable Days

  • 2024-04-19: Highest Volume — 32 contracts
  • 2024-04-10: Largest IV drop — 30.5% change
  • 2024-04-08: Highest IV Rank — 34.3%
  • 2024-04-29: Largest Expected Move — 6.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$45.29$44.23$46.33$46.33$44.97
Max Pain$39.14$39.00$40.00$40.00$39.00
ATM IV21.1%16.7%26.7%22.2%22.6%
Expected Move5.7%4.4%6.9%6.4%6.5%
HV 20d11.0%9.0%12.5%9.3%12.2%
HV 60d10.9%10.1%11.5%10.1%11.4%
IV Rank24.0%15.5%34.3%25.9%26.6%
IV Percentile49.3%9.9%84.9%59.9%61.5%
Term Structure-4.0%-6.6%10.4%-6.4%-6.0%
VWIV16.2%13.7%18.8%18.8%13.7%
Skew 25d3.6%0.3%8.7%0.7%0.3%
Skew 10d3.1%0.6%13.7%1.4%7.4%
Call IV 25d20.0%11.5%27.4%26.0%27.4%
Put IV 25d23.6%18.1%28.0%26.6%27.7%
Bid-Ask Spread %139.14133.42141.44141.41139.71
Gamma HHI0.500.240.720.690.24
Net GEX-1.2K-2.7K779-2.4K765
Net DEX-47.9K-72.5K-7.3K-69.3K-8.0K
Net VEX-36-56-14-54-15
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.110.000.450.000.00
Total Volume1.77303200
Total OI25.818539336

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-04-01$46.33$40.0022.2%6.4%9.3%25.9%0.0%0.7%-6.4%-2.4K-69.3K-540.00141.41N/AN/A002112
2024-04-02$45.95$40.0022.1%6.3%9.9%25.7%0.0%1.0%-6.6%-2.4K-65.4K-550.00140.68N/AN/A002112
2024-04-03$46.11$40.0022.4%6.4%9.0%26.2%0.0%1.0%-6.2%-2.5K-67.0K-520.00140.93N/AN/A002112
2024-04-04$45.61$39.0021.2%4.4%9.5%24.0%0.0%6.7%-4.3%-2.5K-61.9K-510.00134.09N/AN/A002112
2024-04-05$45.97$39.0023.3%5.1%9.7%28.0%18.8%6.0%-6.4%-2.7K-65.5K-490.00133.42N/AN/A202112
2024-04-08$45.98$39.0026.7%4.9%9.6%34.3%0.0%5.4%-3.4%-2.2K-70.9K-560.00141.05N/AN/A002312
2024-04-09$45.88$39.0026.3%4.8%9.7%33.7%0.0%6.9%-4.0%-2.4K-69.8K-530.00138.80N/AN/A002312
2024-04-10$45.47$39.0018.3%5.2%9.9%18.6%0.0%8.2%-4.4%-1.9K-65.2K-510.00140.20N/AN/A002312
2024-04-11$45.81$39.0016.7%4.8%10.3%15.5%0.0%8.7%-3.9%-2.5K-68.8K-490.00137.41N/AN/A002312
2024-04-12$45.03$39.0017.7%5.1%11.7%17.5%0.0%4.1%-5.1%-1.7K-59.9K-480.00137.79N/AN/A002312
2024-04-15$44.59$39.0018.1%5.2%12.0%18.3%0.0%0.7%-4.3%-1.7K-54.3K-380.00136.28N/AN/A402312
2024-04-16$44.64$39.0019.4%5.6%11.9%20.6%0.0%2.1%-4.9%-1.3K-72.5K-380.00140.34N/AN/A002712
2024-04-17$44.47$39.0020.8%6.0%11.8%23.3%0.0%1.1%-6.2%-1.4K-70.3K-330.00138.36N/AN/A002712
2024-04-18$44.48$39.0020.9%6.0%11.2%23.5%0.0%1.5%10.4%-1.1K-70.6K-290.00141.23N/AN/A002712
2024-04-19$44.23$39.0020.7%5.9%10.8%23.0%0.0%1.1%-3.0%-1.4K-66.5K-200.45139.62N/AN/A22102712
2024-04-22$44.79$39.0020.0%5.7%12.0%21.7%0.0%1.8%-4.2%624-7.3K-160.00138.31N/AN/A0032
2024-04-23$45.20$39.0020.2%5.8%12.5%22.2%0.0%4.9%-2.8%629-8.2K-150.00139.92N/AN/A0032
2024-04-24$45.16$39.0020.7%5.9%12.5%23.1%0.0%4.4%-3.4%622-8.0K-150.00140.91N/AN/A0032
2024-04-25$45.02$39.0020.1%5.8%12.1%22.0%0.0%2.6%-3.5%641-7.8K-150.00137.69N/AN/A0032
2024-04-26$45.36$39.0021.2%6.1%12.3%24.1%13.7%5.4%-3.1%641-8.5K-140.00141.40N/AN/A1032
2024-04-29$45.35$39.0023.9%6.9%12.2%29.1%0.0%5.7%-6.5%779-8.9K-150.00141.44N/AN/A0042
2024-04-30$44.97$39.0022.6%6.5%12.2%26.6%0.0%0.3%-6.0%765-8.0K-150.00139.71N/AN/A0042