FDRR Options History — July 2024

In July 2024, FDRR traded between $48.30 and $50.34. ATM implied volatility averaged 20.7%, placing in the 23.2% IV rank vs the trailing year. The 30-day expected move averaged 5.6%. IV traded above realized volatility by 12.0% (HV 20d: 8.7%). Max pain ranged from $47.00 to $49.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 0 of 22 days. Put/call ratio averaged 4.13.

Notable Days

  • 2024-07-12: Highest Volume — 185 contracts
  • 2024-07-10: Largest IV drop — 35.2% change
  • 2024-07-09: Highest IV Rank — 33.5%
  • 2024-07-29: Largest Expected Move — 7.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$49.29$48.30$50.34$48.30$49.57
Max Pain$48.45$47.00$49.00$47.00$49.00
ATM IV20.7%15.5%26.2%23.4%21.4%
Expected Move5.6%4.4%7.2%6.7%6.1%
HV 20d8.7%7.5%11.5%8.1%11.5%
HV 60d8.6%8.0%9.4%9.4%8.8%
IV Rank23.2%13.4%33.5%28.3%24.5%
IV Percentile46.2%4.4%83.3%70.2%56.0%
Term Structure-4.8%-7.8%-2.0%-5.2%-6.6%
VWIV20.1%17.3%27.7%17.3%18.4%
Skew 25d-0.6%-8.3%1.4%-6.6%-0.3%
Skew 10d1.1%-12.3%4.7%1.3%0.3%
Call IV 25d21.8%17.3%26.3%23.5%26.3%
Put IV 25d21.2%15.7%26.6%16.9%26.0%
Bid-Ask Spread %137.02128.85155.51155.51132.56
Gamma HHI0.610.370.790.510.77
Net GEX-49.0K-120.9K-4.1K-5.9K-56.2K
Net DEX167.4K-44.3K337.4K-20.0K260.3K
Net VEX-750-1.4K-86-148-953
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio4.130.008.258.250.00
Total Volume15.5018500
Total OI197.2274535445220

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-07-01$48.30$47.0023.4%6.7%8.1%28.3%0.0%-6.6%-5.2%-5.9K-20.0K-1480.00155.51N/AN/A001530
2024-07-02$48.45$47.0024.7%7.1%7.9%30.7%0.0%-8.3%-7.5%-6.2K-21.7K-1370.00155.01N/AN/A001530
2024-07-03$48.79$47.0020.4%5.9%8.2%22.6%0.0%-4.5%-6.4%-4.9K-26.9K-1310.00152.76N/AN/A001530
2024-07-05$48.85$48.0021.9%4.4%7.7%25.3%0.0%1.1%-2.7%-4.1K-44.3K-860.00139.75N/AN/A0461530
2024-07-08$48.93$48.0023.9%4.5%7.5%29.2%17.3%1.0%-2.9%-15.1K-19.8K-1340.00138.54N/AN/A0251556
2024-07-09$49.05$48.0026.2%4.8%7.5%33.5%0.0%1.0%-2.8%-21.6K34.1K-2570.00138.56N/AN/A0521580
2024-07-10$49.50$48.0017.0%4.9%8.0%16.1%0.0%1.4%-2.8%-34.1K3.0K-2240.00137.99N/AN/A0015132
2024-07-11$49.50$48.0017.8%5.1%8.0%17.7%18.5%0.6%-3.7%-37.1K60.7K-3070.00138.10N/AN/A02215132
2024-07-12$49.88$48.0015.5%4.5%8.1%13.4%18.4%-0.7%-5.5%-40.0K62.5K-3358.25133.33N/AN/A2016515154
2024-07-15$49.88$49.0016.9%4.8%7.9%15.9%0.0%0.4%-3.2%-81.1K276.1K-1.4K0.00135.88N/AN/A0035319
2024-07-16$50.34$49.0016.4%4.7%8.2%15.1%0.0%-1.5%-4.5%-120.9K168.4K-1.0K0.00133.03N/AN/A0035319
2024-07-17$50.12$49.0017.9%5.1%7.7%17.8%0.0%-0.8%-5.4%-91.2K257.3K-1.2K0.00134.66N/AN/A0035319
2024-07-18$49.71$49.0017.1%4.9%8.3%16.4%0.0%-0.4%-4.0%-79.3K337.4K-1.3K0.00130.75N/AN/A0035319
2024-07-19$49.36$49.0021.0%6.0%8.6%23.7%27.7%0.4%-2.0%-99.1K328.0K-1.2K0.00134.72N/AN/A10035319
2024-07-22$49.75$49.0019.6%5.6%8.1%21.0%0.0%0.8%-3.0%-48.4K212.0K-1.1K0.00134.27N/AN/A0030190
2024-07-23$49.63$49.0018.7%5.4%8.2%19.4%0.0%-1.1%-5.2%-53.7K260.2K-1.1K0.00135.19N/AN/A0030190
2024-07-24$48.81$49.0022.4%6.4%10.3%26.3%0.0%0.1%-4.9%-53.8K306.1K-1.1K0.00131.17N/AN/A0030190
2024-07-25$48.83$49.0020.0%5.7%10.2%21.8%18.4%1.3%-5.1%-61.3K298.1K-1.1K0.00128.85N/AN/A0130190
2024-07-26$49.08$49.0023.7%6.8%10.3%28.8%0.0%1.2%-6.6%-53.2K312.0K-1.1K0.00131.82N/AN/A0030190
2024-07-29$49.09$49.0025.0%7.2%10.2%31.3%0.0%1.3%-7.7%-54.6K312.4K-1.0K0.00131.76N/AN/A0030190
2024-07-30$48.85$49.0024.8%7.1%10.4%30.9%0.0%0.4%-7.8%-56.5K327.0K-1.0K0.00130.25N/AN/A0030190
2024-07-31$49.57$49.0021.4%6.1%11.5%24.5%0.0%-0.3%-6.6%-56.2K260.3K-9530.00132.56N/AN/A0030190