FDRR Options History — September 2024

In September 2024, FDRR traded between $49.02 and $51.42. ATM implied volatility averaged 20.6%, placing in the 23.1% IV rank vs the trailing year. The 30-day expected move averaged 5.6%. IV traded above realized volatility by 7.5% (HV 20d: 13.1%). Max pain ranged from $45.00 to $50.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 2 of 20 days. Put/call ratio averaged 2.66.

Notable Days

2024-09-26: Highest Volume — 184 contracts
2024-09-26: Largest IV spike — 55.7% change
2024-09-26: Highest IV Rank — 41.4%
2024-09-26: Largest Expected Move — 8.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$50.50	$49.02	$51.42	$49.91	$51.38
Max Pain	$46.65	$45.00	$50.00	$49.00	$50.00
ATM IV	20.6%	16.6%	30.4%	25.9%	18.1%
Expected Move	5.6%	4.8%	8.7%	7.4%	5.2%
HV 20d	13.1%	12.1%	15.6%	15.6%	12.2%
HV 60d	14.9%	14.6%	15.1%	14.6%	15.0%
IV Rank	23.1%	15.4%	41.4%	32.9%	20.4%
IV Percentile	43.9%	9.5%	90.9%	81.3%	25.0%
Term Structure	-2.1%	-13.2%	0.6%	-13.2%	-1.7%
VWIV	17.2%	14.5%	21.3%	14.5%	15.3%
Skew 25d	2.8%	-6.9%	14.6%	10.0%	-5.8%
Skew 10d	9.9%	1.9%	22.6%	20.0%	2.3%
Call IV 25d	19.0%	10.1%	26.6%	19.5%	22.9%
Put IV 25d	21.9%	16.8%	30.9%	29.5%	17.1%
Bid-Ask Spread %	151.87	139.89	157.55	147.66	140.14
Gamma HHI	0.46	0.25	0.80	0.35	0.80
Net GEX	-29.4K	-106.7K	-6.3K	-20.3K	-106.7K
Net DEX	-192.4K	-503.9K	46.8K	46.8K	-90.2K
Net VEX	-703	-1.1K	-368	-888	-1.1K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	2.66	0.00	9.60	0.00	6.36
Total Volume	16.9	0	184	0	0
Total OI	234.6	102	349	185	349

Daily Data (20 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2024-09-03	$49.91	$49.00	25.9%	7.4%	15.6%	32.9%	0.0%	10.0%	-13.2%	-20.3K	46.8K	-888	0.00	147.66	N/A	N/A	0	0	55	130
2024-09-04	$49.97	$49.00	24.3%	7.0%	14.8%	29.8%	0.0%	11.6%	-5.4%	-20.0K	44.5K	-855	0.00	152.76	N/A	N/A	0	0	55	130
2024-09-05	$49.70	$45.00	23.6%	4.8%	14.1%	28.7%	0.0%	5.8%	-3.7%	-35.4K	29.3K	-772	0.00	154.16	N/A	N/A	22	0	55	130
2024-09-06	$49.02	$45.00	20.2%	4.8%	14.0%	22.2%	0.0%	-2.8%	-5.3%	-18.6K	-2.9K	-974	0.00	148.91	N/A	N/A	20	0	92	130
2024-09-09	$49.47	$45.00	23.5%	5.3%	14.3%	28.5%	0.0%	14.3%	-0.5%	-13.2K	-165.9K	-870	0.00	156.64	N/A	N/A	10	0	112	130
2024-09-10	$49.43	$45.00	25.6%	5.4%	14.3%	32.3%	0.0%	14.6%	-0.6%	-6.3K	-162.0K	-951	0.00	156.32	N/A	N/A	0	0	122	130
2024-09-11	$49.81	$45.00	16.6%	4.8%	13.2%	15.4%	0.0%	1.9%	-1.2%	-11.7K	-256.5K	-763	0.00	149.22	N/A	N/A	0	0	122	130
2024-09-12	$50.19	$45.00	17.4%	5.0%	13.2%	16.9%	0.0%	5.3%	0.1%	-14.5K	-346.7K	-683	0.00	155.00	N/A	N/A	0	0	122	130
2024-09-13	$50.52	$45.00	17.9%	5.1%	12.4%	17.9%	0.0%	1.9%	-0.1%	-12.2K	-318.9K	-717	0.00	157.55	N/A	N/A	0	14	122	130
2024-09-16	$50.67	$45.00	18.3%	5.3%	12.3%	18.6%	0.0%	1.8%	-0.6%	-24.9K	-439.1K	-465	0.00	156.15	N/A	N/A	0	0	122	144
2024-09-17	$50.59	$45.00	18.0%	5.2%	12.1%	18.0%	14.5%	-0.3%	-0.8%	-26.7K	-503.9K	-368	0.00	149.84	N/A	N/A	0	10	122	144
2024-09-18	$50.70	$45.00	17.8%	5.1%	12.1%	17.7%	0.0%	0.4%	-1.7%	-23.3K	-332.4K	-566	0.00	156.15	N/A	N/A	0	15	122	154
2024-09-19	$51.38	$45.00	18.9%	5.4%	12.9%	19.7%	0.0%	2.4%	-0.5%	-32.0K	-447.8K	-417	0.00	152.54	N/A	N/A	0	0	122	169
2024-09-20	$51.02	$45.00	18.1%	5.2%	13.0%	18.3%	0.0%	2.2%	0.6%	-29.2K	-394.4K	-405	0.00	154.28	N/A	N/A	0	0	122	169
2024-09-23	$51.05	$45.00	19.4%	5.6%	12.2%	20.7%	21.3%	2.6%	-0.8%	-12.9K	-131.6K	-377	9.60	155.59	N/A	N/A	5	48	46	56
2024-09-24	$51.26	$50.00	18.8%	5.4%	12.3%	19.5%	0.0%	3.0%	-0.0%	-27.4K	-76.5K	-603	0.00	153.91	N/A	N/A	0	0	51	104
2024-09-25	$51.17	$50.00	19.6%	5.6%	12.3%	20.9%	17.6%	-1.7%	-3.1%	-38.2K	-73.2K	-585	0.00	143.19	N/A	N/A	10	0	51	104
2024-09-26	$51.39	$50.00	30.4%	8.7%	12.3%	41.4%	15.3%	-6.9%	-2.9%	-23.6K	-117.0K	-633	6.36	157.50	N/A	N/A	25	159	61	104
2024-09-27	$51.42	$50.00	18.8%	5.4%	12.3%	22.0%	0.0%	-4.1%	-1.2%	-90.2K	-109.9K	-1.1K	0.00	139.89	N/A	N/A	0	0	86	263
2024-09-30	$51.38	$50.00	18.1%	5.2%	12.2%	20.4%	0.0%	-5.8%	-1.7%	-106.7K	-90.2K	-1.1K	0.00	140.14	N/A	N/A	0	0	86	263