FDS Options History — May 2007

In May 2007, FDS traded between $61.51 and $64.89. ATM implied volatility averaged 21.2%. The 30-day expected move averaged 6.3%. IV traded above realized volatility by 6.2% (HV 20d: 15.0%). Max pain ranged from $65.00 to $65.00. Net GEX was positive for 7 of 22 trading days. Term structure was in contango for 22 of 22 days. Put/call ratio averaged 0.35.

Notable Days

  • 2007-05-24: Highest Volume — 670 contracts
  • 2007-05-10: Largest IV spike — 44.0% change
  • 2007-05-01: Largest Expected Move — 7.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$63.35$61.51$64.89$61.51$63.83
Max Pain$65.00$65.00$65.00$65.00$65.00
ATM IV21.2%16.0%24.6%24.6%19.5%
Expected Move6.3%5.6%7.0%7.0%5.6%
HV 20d15.0%12.9%17.6%14.8%17.0%
HV 60d21.1%20.0%21.6%21.5%20.0%
Term Structure2.7%0.6%4.3%0.6%4.3%
VWIV22.1%18.9%25.4%20.0%18.9%
Skew 25d2.6%0.4%4.7%2.6%2.8%
Skew 10d3.8%-1.7%8.2%2.5%5.3%
Call IV 25d21.5%17.8%23.7%22.7%18.4%
Put IV 25d24.1%21.2%26.1%25.4%21.2%
Bid-Ask Spread %32.8515.3455.5530.0827.29
Gamma HHI0.330.270.450.270.39
Net GEX-18.2K-125.3K87.5K-7.7K-86.8K
Net DEX-1.9M-4.0M787.4K787.4K-2.5M
Net VEX-30.9K-33.7K-25.3K-32.9K-32.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.350.001.620.701.57
Total Volume172.63625670240206
Total OI4,492.1823,8314,7564,3384,756

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2007-05-01$61.51$65.0024.6%7.0%14.8%0.0%20.0%2.6%0.6%-7.7K787.4K-32.9K0.7030.08141992,1742,164
2007-05-02$62.21$65.0023.2%6.6%14.7%0.0%22.7%2.7%1.9%-23.0K-52.1K-33.3K0.2752.67146402,1542,198
2007-05-03$62.46$65.0022.4%6.4%14.7%0.0%22.6%2.6%3.0%-5.8K-315.3K-33.2K0.0055.554502,2102,204
2007-05-04$63.28$65.0021.6%6.4%15.4%0.0%23.6%0.4%2.6%-9.4K-2.0M-33.4K0.2728.86283752,2162,204
2007-05-07$62.98$65.0016.9%6.6%15.5%0.0%24.4%1.4%2.6%46.3K-1.8M-32.5K0.1525.94306452,3472,207
2007-05-08$63.39$65.0020.9%6.9%15.1%0.0%23.9%2.8%1.6%87.5K-2.5M-33.7K0.2129.4858122,4942,200
2007-05-09$63.22$65.0016.0%6.8%14.2%0.0%23.8%2.5%2.1%87.2K-2.5M-33.6K0.0048.473002,5092,212
2007-05-10$63.23$65.0023.0%6.6%14.2%0.0%23.2%2.9%2.6%77.8K-2.2M-32.3K0.1938.84122232,5302,212
2007-05-11$64.01$65.0021.4%6.1%14.3%0.0%22.0%4.0%3.6%53.3K-3.5M-32.5K0.0040.8612902,4922,235
2007-05-14$63.86$65.0022.4%6.4%13.5%0.0%22.6%3.1%2.5%44.5K-4.0M-31.4K0.0031.718602,5032,235
2007-05-15$63.38$65.0021.7%6.2%13.7%0.0%22.1%2.5%2.9%-11.7K-2.4M-29.5K0.0039.287702,4892,235
2007-05-16$63.38$65.0022.4%6.4%13.6%0.0%23.1%2.7%2.6%-14.6K-1.7M-29.2K0.0032.472502,4952,235
2007-05-17$62.87$65.0022.7%6.5%12.9%0.0%23.1%2.9%2.1%-15.7K-1.7M-28.9K0.0040.877702,5092,235
2007-05-18$64.04$65.0022.9%6.6%14.2%0.0%25.4%2.4%2.2%33.4K-3.1M-29.3K0.0619.5510562,4752,235
2007-05-21$64.89$65.0021.6%6.2%14.4%0.0%20.4%2.8%3.5%-96.0K-3.6M-27.1K0.8634.941161001,8781,953
2007-05-22$64.24$65.0021.0%6.0%14.7%0.0%22.0%1.8%3.1%-125.3K-2.4M-27.8K1.6230.0334551,8692,043
2007-05-23$63.82$65.0020.9%6.0%14.5%0.0%21.2%1.4%2.6%-115.9K-1.8M-27.5K0.1628.02186301,8882,045
2007-05-24$62.25$65.0021.8%6.2%17.2%0.0%20.3%2.4%2.7%-74.4K714.5K-25.3K0.5418.354342361,9232,065
2007-05-25$62.88$65.0020.4%5.9%17.6%0.0%21.0%1.1%2.2%-58.1K-581.7K-31.2K0.0415.34245102,2702,280
2007-05-29$63.87$65.0020.0%5.7%17.1%0.0%18.9%4.6%3.9%-99.3K-2.4M-31.8K0.0025.228602,3202,273
2007-05-30$64.19$65.0020.1%5.8%17.2%0.0%20.1%4.7%3.8%-87.5K-3.1M-31.6K1.0028.8265652,3902,267
2007-05-31$63.83$65.0019.5%5.6%17.0%0.0%18.9%2.8%4.3%-86.8K-2.5M-32.1K1.5727.29801262,4392,317