FDRR Options History — September 2025

In September 2025, FDRR traded between $56.77 and $58.75. ATM implied volatility averaged 19.6%, placing in the 16.8% IV rank vs the trailing year. The 30-day expected move averaged 5.2%. IV traded above realized volatility by 8.7% (HV 20d: 10.9%). Max pain ranged from $50.00 to $50.00. Net GEX was positive for 15 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2025-09-11: Highest Volume — 12 contracts
  • 2025-09-10: Largest IV drop — 43.9% change
  • 2025-09-09: Highest IV Rank — 32.3%
  • 2025-09-29: Largest Expected Move — 6.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$57.93$56.77$58.75$56.77$58.58
Max Pain$50.00$50.00$50.00$50.00$50.00
ATM IV19.6%15.4%27.5%21.6%15.7%
Expected Move5.2%4.4%6.5%6.2%4.5%
HV 20d10.9%8.4%12.4%12.0%8.4%
HV 60d10.4%9.9%10.8%10.6%9.9%
IV Rank16.8%8.5%32.3%20.6%9.0%
IV Percentile38.2%1.6%87.3%62.3%2.0%
Term Structure-3.3%-7.6%1.5%-6.8%1.5%
Skew 25d4.8%-7.6%10.8%1.0%-4.2%
Skew 10d9.3%-15.8%15.7%15.7%-15.8%
Call IV 25d14.4%7.6%23.6%23.6%22.8%
Put IV 25d19.2%12.4%24.6%24.6%18.6%
Bid-Ask Spread %158.62153.26162.67159.63156.50
Gamma HHI0.710.380.950.740.73
Net GEX-536-8.0K3.6K3.3K3.0K
Net DEX-69.5K-101.7K-42.6K-95.4K-78.0K
Net VEX-57-128-17-128-58
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume1.76201200
Total OI19.76213252318

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-09-02$56.77$50.0021.6%6.2%12.0%20.6%0.0%1.0%-6.8%3.3K-95.4K-1280.00159.63N/AN/A00221
2025-09-03$56.99$50.0020.9%6.0%12.0%19.3%0.0%7.1%-6.5%3.6K-96.6K-1250.00158.07N/AN/A00221
2025-09-04$57.36$0.0021.8%4.5%12.1%21.1%0.0%7.8%-1.1%3.2K-101.2K-1210.00162.67N/AN/A00221
2025-09-05$57.30$0.0021.8%4.5%12.1%21.0%0.0%7.6%-1.8%3.4K-101.7K-1200.00158.62N/AN/A100221
2025-09-08$57.11$0.0024.7%4.6%11.6%26.7%0.0%6.2%-1.0%488-64.4K-230.00160.34N/AN/A00121
2025-09-09$57.27$0.0027.5%4.6%11.6%32.3%0.0%7.4%-2.1%490-64.7K-230.00161.70N/AN/A00121
2025-09-10$58.23$0.0015.4%4.4%12.3%8.5%0.0%8.3%-1.2%473-66.4K-220.00161.31N/AN/A00121
2025-09-11$58.04$0.0016.3%4.7%12.4%10.2%0.0%10.5%-2.8%462-66.2K-220.00162.03N/AN/A012121
2025-09-12$58.03$0.0016.8%4.8%12.4%11.0%0.0%10.8%-2.7%-7.0K-42.6K-560.00161.32N/AN/A001213
2025-09-15$58.17$0.0017.5%5.0%12.4%12.5%0.0%10.1%-2.4%-7.2K-44.9K-450.00159.55N/AN/A001213
2025-09-16$58.11$0.0018.3%5.3%12.4%14.1%0.0%9.3%-2.9%-7.7K-44.8K-420.00159.26N/AN/A001213
2025-09-17$58.20$0.0017.9%5.1%11.9%13.3%0.0%10.3%-3.4%-8.0K-46.8K-370.00156.90N/AN/A001213
2025-09-18$58.31$0.0018.1%5.2%10.1%13.8%0.0%9.1%-3.2%-7.8K-48.1K-320.00157.03N/AN/A001213
2025-09-19$58.16$0.0018.8%5.4%10.1%15.1%0.0%9.0%-3.4%-6.4K-48.0K-230.00158.51N/AN/A1001213
2025-09-22$58.75$0.0016.8%4.8%8.9%11.1%0.0%1.8%-4.5%437-68.1K-170.00153.92N/AN/A50121
2025-09-23$58.42$0.0019.3%5.5%9.2%16.1%0.0%-0.3%-4.0%2.7K-77.6K-690.00153.26N/AN/A00171
2025-09-24$58.14$0.0020.1%5.8%9.3%17.7%0.0%-7.6%-3.5%2.8K-75.8K-640.00156.44N/AN/A00171
2025-09-25$57.98$0.0020.5%5.9%9.2%18.5%0.0%1.7%-5.8%2.8K-74.7K-610.00158.60N/AN/A00171
2025-09-26$58.23$0.0019.7%5.6%9.3%16.9%0.0%-6.3%-5.0%2.8K-76.0K-610.00156.40N/AN/A00171
2025-09-29$58.37$0.0022.8%6.5%9.3%23.0%0.0%0.6%-7.6%2.9K-76.8K-570.00158.95N/AN/A00171
2025-09-30$58.58$0.0015.7%4.5%8.4%9.0%0.0%-4.2%1.5%3.0K-78.0K-580.00156.50N/AN/A00171