FDS Options History — February 2015

In February 2015, FDS traded between $144.31 and $158.07. ATM implied volatility averaged 22.8%, placing in the 29.2% IV rank vs the trailing year. The 30-day expected move averaged 6.9%. IV traded above realized volatility by 6.5% (HV 20d: 16.3%). Max pain ranged from $140.00 to $145.00. Net GEX was positive for 15 of 19 trading days. Term structure was in contango for 3 of 19 days. Put/call ratio averaged 2.22.

Notable Days

  • 2015-02-23: Highest Volume — 1,565 contracts
  • 2015-02-11: Largest IV spike — 28.6% change
  • 2015-02-27: Highest IV Rank — 49.5%
  • 2015-02-27: Largest Expected Move — 8.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$152.77$144.31$158.07$144.31$155.53
Max Pain$140.79$140.00$145.00$145.00$140.00
ATM IV22.8%15.5%28.4%20.9%28.4%
Expected Move6.9%4.4%8.1%6.0%8.1%
HV 20d16.3%14.9%17.6%15.6%15.2%
HV 60d15.4%14.2%15.9%14.2%15.9%
IV Rank29.2%2.2%49.5%22.1%49.5%
IV Percentile61.5%4.8%87.3%61.5%87.3%
Term Structure-1.8%-6.6%8.6%4.0%-6.6%
VWIV25.0%18.3%29.3%19.8%29.2%
Skew 25d3.9%2.0%7.4%4.9%3.0%
Skew 10d9.6%5.2%20.6%14.0%6.6%
Call IV 25d22.4%15.1%27.0%16.8%27.0%
Put IV 25d26.3%19.0%30.0%21.7%30.0%
Bid-Ask Spread %76.4965.8499.0899.0876.55
Gamma HHI0.350.170.640.370.64
Net GEX238.8K-601.7K630.1K370.9K-601.7K
Net DEX-8.2M-14.5M971.7K-4.3M971.7K
Net VEX-24.4K-43.1K-14.7K-24.4K-42.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.220.016.590.016.59
Total Volume636.737361,565921,464
Total OI1,929.7371,2372,4471,7142,447

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2015-02-02$144.31$145.0020.9%6.0%15.6%22.1%19.8%4.9%4.0%370.9K-4.3M-24.4K0.0199.08911988726
2015-02-03$148.58$145.0017.6%5.0%17.1%10.0%20.7%7.4%4.9%551.8K-8.2M-24.4K1.4098.661442011,075727
2015-02-04$147.55$145.0015.5%4.4%17.2%2.2%18.3%3.3%8.6%551.1K-8.2M-24.4K1.4198.301432011,087724
2015-02-05$148.09$140.0015.6%6.9%17.1%2.6%24.5%3.3%-1.4%571.7K-8.5M-23.7K1.4269.861432031,087725
2015-02-06$147.75$140.0016.8%6.8%17.0%6.9%24.4%3.2%-1.1%550.8K-8.3M-23.1K1.4465.841422041,074724
2015-02-09$148.71$140.0019.7%6.9%16.8%17.7%25.3%4.7%-1.9%572.7K-8.7M-21.9K1.2568.741632041,078723
2015-02-10$149.88$140.0018.5%6.8%16.9%13.2%23.1%3.7%-2.0%630.1K-9.9M-19.4K1.1168.831872071,079723
2015-02-11$150.84$140.0023.8%6.8%16.9%32.7%24.3%4.1%-2.1%548.2K-10.8M-19.5K1.2068.011692021,099729
2015-02-12$153.74$140.0024.1%6.9%17.6%34.0%23.2%3.0%-2.4%374.1K-12.6M-17.1K1.3271.161592101,111748
2015-02-13$155.09$140.0023.6%6.8%16.7%32.0%24.4%2.6%-2.1%359.4K-13.4M-16.2K0.7071.792741931,123762
2015-02-17$153.89$140.0025.0%7.2%17.2%37.2%26.1%3.9%-2.6%409.1K-13.3M-16.8K0.7475.102702011,161766
2015-02-18$155.40$140.0025.3%7.2%16.8%38.1%25.9%2.7%-3.3%376.9K-13.9M-15.8K0.5776.423512001,166778
2015-02-19$156.15$140.0025.8%7.4%16.5%40.1%25.7%4.0%-4.2%368.0K-13.8M-15.1K0.8075.1920161,132784
2015-02-20$158.05$140.0026.7%7.6%15.1%43.3%25.4%5.2%-3.7%223.7K-14.5M-14.7K0.3972.9970271,142800
2015-02-23$158.07$140.0025.5%7.3%14.9%38.8%28.0%4.1%-3.9%222.2K-7.4M-15.2K3.9473.363171,248712525
2015-02-24$157.56$140.0025.8%7.4%14.9%40.2%28.8%4.4%-4.4%-515.4K-906.4K-42.8K5.6375.612271,2787871,586
2015-02-25$157.28$140.0027.4%7.9%14.9%46.1%28.5%4.8%-4.0%-507.9K-458.7K-43.1K5.7874.812211,2777821,603
2015-02-26$156.12$140.0027.9%8.0%15.0%47.9%29.3%2.0%-5.0%-518.9K-66.0K-42.4K6.5473.101951,2757781,604
2015-02-27$155.53$140.0028.4%8.1%15.2%49.5%29.2%3.0%-6.6%-601.7K971.7K-42.9K6.5976.551931,2717771,670