FDRR Options History — May 2024

In May 2024, FDRR traded between $44.75 and $47.38. ATM implied volatility averaged 24.4%, placing in the 30.0% IV rank vs the trailing year. The 30-day expected move averaged 5.5%. IV traded above realized volatility by 14.5% (HV 20d: 9.9%). Max pain ranged from $39.00 to $39.00. Net GEX was positive for 13 of 22 trading days. Term structure was in contango for 1 of 22 days. Put/call ratio averaged 0.00.

Notable Days

  • 2024-05-20: Highest Volume — 5 contracts
  • 2024-05-15: Largest IV drop — 60.1% change
  • 2024-05-14: Highest IV Rank — 69.9%
  • 2024-05-03: Largest Expected Move — 7.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$46.63$44.75$47.38$44.75$47.28
Max Pain$39.00$39.00$39.00$39.00$39.00
ATM IV24.4%17.7%45.5%22.6%20.8%
Expected Move5.5%4.8%7.2%6.5%6.0%
HV 20d9.9%7.5%12.6%12.2%7.5%
HV 60d10.8%9.9%11.7%11.3%9.9%
IV Rank30.0%17.4%69.9%26.7%23.3%
IV Percentile56.2%17.1%96.4%63.1%50.4%
Term Structure-4.4%-8.0%11.3%-6.0%-4.9%
Skew 25d0.9%-0.1%5.6%1.1%0.8%
Skew 10d7.3%2.7%15.0%10.5%3.8%
Call IV 25d21.7%18.4%28.5%27.8%24.4%
Put IV 25d22.6%19.4%29.7%28.9%25.2%
Bid-Ask Spread %158.14138.22164.24138.22158.58
Gamma HHI0.330.241.000.240.34
Net GEX74-1.2K938760-1.2K
Net DEX-2.8K-13.5K10.2K-7.5K9.7K
Net VEX-22-48-1-15-46
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.3180500
Total OI5.7731666

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-05-01$44.75$39.0022.6%6.5%12.2%26.7%0.0%1.1%-6.0%760-7.5K-150.00138.22N/AN/A0042
2024-05-02$44.88$39.0024.0%6.9%11.7%29.4%0.0%1.1%-8.0%770-7.8K-140.00139.23N/AN/A0042
2024-05-03$45.44$39.0025.3%7.2%12.3%31.7%0.0%5.6%-7.5%812-9.1K-130.00141.05N/AN/A0042
2024-05-06$45.78$0.0025.5%4.8%12.6%32.2%0.0%1.6%-3.6%830-9.7K-120.00163.25N/AN/A0042
2024-05-07$45.90$0.0027.6%4.8%12.6%36.0%0.0%0.6%-3.2%829-9.9K-120.00164.24N/AN/A0042
2024-05-08$46.02$0.0028.2%4.8%12.2%37.2%0.0%1.4%-3.3%859-10.4K-100.00163.51N/AN/A0042
2024-05-09$46.29$0.0029.2%4.8%12.1%39.1%0.0%1.1%-3.9%866-11.0K-90.00163.37N/AN/A0042
2024-05-10$46.42$0.0034.1%5.2%10.1%48.3%0.0%0.6%-4.3%859-11.2K-90.00163.65N/AN/A0042
2024-05-13$46.59$0.0043.9%4.9%9.2%66.8%0.0%0.9%-4.2%859-11.6K-70.00163.54N/AN/A0042
2024-05-14$46.80$0.0045.5%4.9%9.2%69.9%0.0%0.9%-4.3%877-12.1K-50.00161.50N/AN/A0042
2024-05-15$47.38$0.0018.2%5.2%9.6%18.4%0.0%0.9%-5.9%861-13.5K-40.00161.38N/AN/A0042
2024-05-16$47.28$0.0017.8%5.1%9.7%17.7%0.0%0.5%11.3%860-13.2K-40.00161.85N/AN/A0042
2024-05-17$47.22$0.0017.9%5.1%9.3%17.8%0.0%0.4%-4.8%938-13.0K-20.00161.59N/AN/A2042
2024-05-20$47.26$0.0018.7%5.4%8.7%19.3%0.0%0.4%-4.4%-1688-10.00161.84N/AN/A0501
2024-05-21$47.32$0.0018.7%5.4%8.3%19.4%0.0%0.4%-4.2%-1.1K9.4K-480.00161.37N/AN/A0006
2024-05-22$47.17$0.0017.7%5.1%8.5%17.4%0.0%0.2%-4.5%-1.2K9.8K-480.00159.96N/AN/A0006
2024-05-23$46.98$0.0017.8%5.1%8.6%17.6%0.0%-0.1%-5.3%-1.2K10.2K-480.00156.89N/AN/A0006
2024-05-24$47.33$0.0019.9%5.7%8.6%21.7%0.0%1.4%-6.5%-1.2K9.4K-470.00160.33N/AN/A0006
2024-05-28$47.35$0.0021.0%6.0%8.5%23.7%0.0%0.1%-7.7%-1.2K9.5K-470.00158.72N/AN/A0006
2024-05-29$47.16$0.0020.4%5.9%7.9%22.6%0.0%-0.1%-5.4%-1.2K9.9K-460.00154.91N/AN/A0006
2024-05-30$47.20$0.0021.1%6.1%7.5%24.0%0.0%0.8%-6.0%-1.1K9.9K-460.00160.08N/AN/A0006
2024-05-31$47.28$0.0020.8%6.0%7.5%23.3%0.0%0.8%-4.9%-1.2K9.7K-460.00158.58N/AN/A0006