FDRR Options History — February 2025

In February 2025, FDRR traded between $51.88 and $53.99. ATM implied volatility averaged 20.0%, placing in the 20.2% IV rank vs the trailing year. The 30-day expected move averaged 5.5%. IV traded above realized volatility by 9.9% (HV 20d: 10.0%). Max pain ranged from $51.00 to $52.00. Net GEX was positive for 13 of 19 trading days. Term structure was in contango for 1 of 19 days. Put/call ratio averaged 0.83.

Notable Days

2025-02-28: Highest Volume — 20 contracts
2025-02-28: Largest IV spike — 280.3% change
2025-02-28: Highest IV Rank — 94.7%
2025-02-28: Largest Expected Move — 14.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$52.96	$51.88	$53.99	$51.88	$52.53
Max Pain	$51.80	$51.00	$52.00	$51.00	$52.00
ATM IV	20.0%	13.1%	49.7%	18.2%	49.7%
Expected Move	5.5%	3.7%	14.2%	5.2%	14.2%
HV 20d	10.0%	7.9%	13.0%	13.0%	9.1%
HV 60d	10.9%	10.7%	11.7%	11.7%	11.2%
IV Rank	20.2%	2.9%	94.7%	15.7%	94.7%
IV Percentile	31.4%	0.8%	99.2%	24.6%	99.2%
Term Structure	-4.5%	-37.8%	6.5%	-2.3%	-37.8%
VWIV	12.9%	12.9%	12.9%	12.9%	12.9%
Skew 25d	-0.7%	-10.8%	4.8%	-1.0%	4.6%
Skew 10d	9.0%	-2.8%	26.8%	-0.3%	26.8%
Call IV 25d	19.7%	13.6%	36.0%	22.3%	36.0%
Put IV 25d	19.0%	12.2%	40.6%	21.3%	40.6%
Bid-Ask Spread %	152.03	138.30	160.95	138.30	151.30
Gamma HHI	0.44	0.34	0.52	0.47	0.46
Net GEX	5.7K	-2.8K	14.7K	12.8K	-1.6K
Net DEX	-62.2K	-116.9K	9.8K	-59.9K	8.9K
Net VEX	-55	-97	-22	-92	-32
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.83	0.00	2.50	2.50	0.00
Total Volume	2.053	0	20	0	20
Total OI	19.684	4	28	22	5

Daily Data (19 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
2025-02-03	$51.88	$51.00	18.2%	5.2%	13.0%	15.7%	0.0%	-1.0%	-2.3%	12.8K	-59.9K	-92	0.00	138.30	N/A	N/A	0	0	22	0
2025-02-04	$52.03	$51.00	18.4%	5.3%	12.6%	16.2%	0.0%	-1.5%	-0.3%	13.8K	-64.6K	-87	0.00	144.32	N/A	N/A	0	0	22	0
2025-02-05	$52.47	$51.00	19.3%	5.5%	12.8%	18.5%	0.0%	-2.3%	-2.2%	13.9K	-75.9K	-76	0.00	143.36	N/A	N/A	0	0	22	0
2025-02-06	$52.66	$0.00	20.3%	4.6%	12.2%	20.9%	0.0%	0.7%	-3.0%	14.0K	-80.9K	-69	0.00	160.95	N/A	N/A	0	0	22	0
2025-02-07	$52.45	$0.00	19.0%	5.0%	12.3%	17.9%	0.0%	0.2%	-5.0%	14.7K	-77.0K	-71	0.00	157.87	N/A	N/A	0	0	22	0
2025-02-10	$52.83	$0.00	23.1%	4.7%	10.8%	28.2%	0.0%	3.1%	-3.5%	8.4K	-82.4K	-68	0.00	160.21	N/A	N/A	0	0	22	0
2025-02-11	$53.09	$0.00	17.4%	4.7%	10.8%	13.8%	12.9%	-1.1%	-3.1%	8.9K	-92.1K	-53	2.50	156.62	N/A	N/A	2	5	22	0
2025-02-12	$53.02	$52.00	16.5%	4.7%	10.9%	11.4%	0.0%	0.2%	-3.0%	7.4K	-80.2K	-97	0.00	153.80	N/A	N/A	0	0	23	5
2025-02-13	$53.43	$52.00	17.0%	4.9%	8.9%	12.6%	0.0%	2.0%	-3.4%	6.4K	-89.4K	-86	0.00	153.66	N/A	N/A	0	0	23	5
2025-02-14	$53.58	$52.00	16.6%	4.8%	8.8%	11.9%	0.0%	-1.6%	-2.8%	6.1K	-91.6K	-77	0.00	156.26	N/A	N/A	0	0	23	5
2025-02-18	$53.78	$52.00	17.5%	5.0%	8.5%	14.1%	0.0%	-3.3%	-5.0%	-155	-113.1K	-33	0.00	155.38	N/A	N/A	0	0	23	5
2025-02-19	$53.99	$52.00	17.0%	4.9%	8.3%	12.8%	0.0%	-2.4%	-3.1%	208	-116.9K	-22	0.00	152.66	N/A	N/A	0	0	23	5
2025-02-20	$53.87	$52.00	17.6%	5.1%	8.3%	14.4%	0.0%	-1.8%	-1.8%	4.6K	-102.5K	-39	0.00	153.39	N/A	N/A	0	0	23	5
2025-02-21	$53.26	$52.00	18.6%	5.3%	9.3%	16.7%	0.0%	1.6%	-1.9%	6.9K	-95.5K	-33	0.00	150.02	N/A	N/A	11	0	23	5
2025-02-24	$53.20	$52.00	20.4%	5.8%	9.2%	21.3%	0.0%	4.8%	-3.5%	-1.7K	7.0K	-30	0.00	150.34	N/A	N/A	0	1	0	4
2025-02-25	$52.98	$52.00	20.4%	5.9%	8.1%	21.4%	0.0%	-1.2%	-3.5%	-1.8K	7.4K	-30	0.00	152.68	N/A	N/A	0	0	0	5
2025-02-26	$52.92	$52.00	19.5%	5.6%	7.9%	19.1%	0.0%	-10.8%	-6.5%	-2.8K	7.0K	-27	0.00	150.20	N/A	N/A	0	0	0	5
2025-02-27	$52.30	$52.00	13.1%	3.7%	9.0%	2.9%	0.0%	-4.3%	6.5%	-1.8K	9.8K	-32	0.00	147.15	N/A	N/A	0	0	0	5
2025-02-28	$52.53	$52.00	49.7%	14.2%	9.1%	94.7%	0.0%	4.6%	-37.8%	-1.6K	8.9K	-32	0.00	151.30	N/A	N/A	20	0	0	5