FDRR Options History — August 2025

In August 2025, FDRR traded between $54.60 and $57.50. ATM implied volatility averaged 21.9%, placing in the 21.1% IV rank vs the trailing year. The 30-day expected move averaged 5.0%. IV traded above realized volatility by 10.8% (HV 20d: 11.1%). Max pain ranged from $50.00 to $55.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 2 of 21 days.

Notable Days

  • 2025-08-19: Highest Volume — 1 contracts
  • 2025-08-13: Largest IV drop — 59.1% change
  • 2025-08-12: Highest IV Rank — 55.6%
  • 2025-08-01: Largest Expected Move — 6.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$56.59$54.60$57.50$54.60$57.32
Max Pain$50.24$50.00$55.00$55.00$50.00
ATM IV21.9%16.1%39.3%23.0%19.4%
Expected Move5.0%4.5%6.6%6.6%5.6%
HV 20d11.1%8.5%13.9%8.5%12.3%
HV 60d10.3%9.5%11.4%11.1%10.4%
IV Rank21.1%9.8%55.6%23.4%16.3%
IV Percentile43.9%2.0%95.6%67.1%38.9%
Term Structure-2.9%-6.3%0.8%-6.3%-4.2%
Skew 25d3.3%1.1%8.4%1.9%3.4%
Skew 10d13.6%4.3%15.8%4.3%15.7%
Call IV 25d16.7%11.5%25.9%25.9%18.5%
Put IV 25d20.0%18.4%27.9%27.9%21.9%
Bid-Ask Spread %159.65145.27162.73145.27160.25
Gamma HHI0.560.330.760.330.74
Net GEX4.8K3.2K6.5K6.4K3.5K
Net DEX-103.5K-121.8K-89.7K-89.7K-98.8K
Net VEX-148-199-111-199-128
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume0.0480100
Total OI2522272723

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-08-01$54.60$55.0023.0%6.6%8.5%23.4%0.0%1.9%-6.3%6.4K-89.7K-1990.00145.27N/AN/A00270
2025-08-04$55.45$50.0023.0%4.6%9.2%23.4%0.0%2.1%0.8%6.5K-100.4K-1780.00156.43N/AN/A00270
2025-08-05$55.39$50.0026.3%4.9%9.1%29.8%0.0%1.6%-2.0%6.3K-101.6K-1820.00161.20N/AN/A00270
2025-08-06$55.71$50.0026.0%4.6%9.2%29.3%0.0%1.7%-0.1%6.4K-102.6K-1740.00161.69N/AN/A00270
2025-08-07$55.63$50.0026.4%4.6%9.1%30.2%0.0%1.7%-1.4%6.5K-102.1K-1720.00159.70N/AN/A00270
2025-08-08$56.23$50.0026.9%4.6%9.7%31.1%0.0%1.9%-1.1%5.7K-111.3K-1590.00160.68N/AN/A00270
2025-08-11$56.12$50.0035.7%4.9%9.7%48.4%0.0%1.1%-2.0%6.2K-108.7K-1550.00162.73N/AN/A00270
2025-08-12$56.80$50.0039.3%4.5%10.4%55.6%0.0%4.3%-1.1%5.0K-117.9K-1510.00157.69N/AN/A00270
2025-08-13$56.91$50.0016.1%4.6%10.4%9.8%0.0%2.2%0.7%5.2K-118.4K-1470.00162.04N/AN/A00270
2025-08-14$57.01$50.0016.7%4.8%10.3%10.9%0.0%4.2%-2.5%4.9K-121.8K-1430.00162.02N/AN/A00270
2025-08-15$57.01$50.0016.4%4.7%10.3%10.3%0.0%3.5%-2.8%5.2K-120.4K-1390.00160.16N/AN/A00270
2025-08-18$56.90$50.0016.9%4.9%10.4%11.4%0.0%1.3%-3.2%3.2K-96.1K-1390.00161.84N/AN/A00220
2025-08-19$57.50$50.0016.3%4.7%10.9%10.2%0.0%8.4%-2.3%3.8K-99.4K-1290.00158.29N/AN/A01220
2025-08-20$56.58$50.0017.4%5.0%12.5%12.4%0.0%1.3%-3.4%3.3K-93.2K-1370.00160.47N/AN/A00221
2025-08-21$56.44$50.0018.6%5.3%12.6%14.7%0.0%1.2%-3.8%3.4K-92.1K-1360.00161.25N/AN/A00221
2025-08-22$57.42$50.0018.4%5.3%13.9%14.3%0.0%7.3%-4.9%3.2K-99.5K-1330.00160.88N/AN/A00221
2025-08-25$57.38$50.0018.8%5.4%13.9%15.2%0.0%5.4%-4.3%3.2K-99.1K-1310.00161.67N/AN/A00221
2025-08-26$57.17$50.0018.4%5.3%13.8%14.3%0.0%1.1%-4.3%3.3K-97.7K-1310.00159.33N/AN/A00221
2025-08-27$57.41$50.0019.6%5.6%13.5%16.7%0.0%7.3%-5.9%3.4K-99.5K-1290.00159.91N/AN/A00221
2025-08-28$57.48$50.0019.4%5.6%13.5%16.2%0.0%7.2%-5.9%5.9K-102.9K-1110.00159.14N/AN/A00221
2025-08-29$57.32$50.0019.4%5.6%12.3%16.3%0.0%3.4%-4.2%3.5K-98.8K-1280.00160.25N/AN/A00221