FDS Options History — January 2019

In January 2019, FDS traded between $194.97 and $218.60. ATM implied volatility averaged 21.9%, placing in the 31.4% IV rank vs the trailing year. The 30-day expected move averaged 6.2%. IV traded below realized volatility by 5.7% (HV 20d: 27.6%). Max pain ranged from $195.00 to $220.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 0.59.

Notable Days

  • 2019-01-09: Highest Volume — 503 contracts
  • 2019-01-28: Largest IV spike — 19.6% change
  • 2019-01-03: Highest IV Rank — 50.5%
  • 2019-01-03: Largest Expected Move — 7.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$208.21$194.97$218.60$198.64$218.60
Max Pain$200.95$195.00$220.00$220.00$210.00
ATM IV21.9%17.5%27.5%25.3%18.1%
Expected Move6.2%5.0%7.3%7.3%5.2%
HV 20d27.6%16.8%34.5%31.8%17.7%
HV 60d25.3%23.9%26.1%25.4%24.2%
IV Rank31.4%16.2%50.5%42.9%18.3%
IV Percentile54.2%20.6%89.7%80.2%29.4%
Term Structure-0.3%-1.5%1.7%-0.9%1.7%
VWIV21.3%18.4%26.3%25.1%18.4%
Skew 25d4.1%3.3%5.8%4.9%3.3%
Skew 10d10.2%6.1%14.6%12.2%10.1%
Call IV 25d19.3%14.9%24.3%24.3%16.8%
Put IV 25d23.5%19.9%29.2%29.2%20.1%
Bid-Ask Spread %76.3754.2392.3980.8180.38
Gamma HHI0.440.330.520.370.44
Net GEX2.3M1.0M3.0M1.4M3.0M
Net DEX-14.1M-34.8M9.2M2.2M-34.8M
Net VEX-150.6K-204.6K-129.9K-163.8K-130.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.590.003.830.190.28
Total Volume1182050310055
Total OI7,935.4297,4258,2768,2177,542

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-01-02$198.64$220.0025.3%7.3%31.8%42.9%25.1%4.9%-0.9%1.4M2.2M-163.8K0.1980.8184166,3641,853
2019-01-03$194.97$195.0027.5%7.3%31.1%50.5%26.3%4.4%-1.1%1.0M9.2M-134.2K0.2154.23100216,3891,844
2019-01-04$200.26$195.0025.3%6.9%33.4%42.8%25.4%4.2%-0.7%1.8M-7.1M-204.6K0.2557.93102266,3981,848
2019-01-07$200.83$195.0027.0%6.9%33.5%48.7%0.0%3.8%-0.7%1.6M-574.5K-163.2K0.0061.515306,3961,840
2019-01-08$202.69$195.0026.0%6.8%33.9%45.2%22.4%4.0%-0.2%1.7M-2.2M-156.1K0.4462.3327126,4161,840
2019-01-09$205.49$195.0021.8%6.3%34.5%31.0%20.7%4.0%0.6%2.0M-8.1M-164.6K0.0874.04467366,4241,852
2019-01-10$204.95$195.0023.4%6.7%34.3%36.2%21.7%4.2%-0.2%1.9M-5.8M-158.1K0.2266.94213476,1911,864
2019-01-11$203.43$200.0023.0%6.6%33.2%35.1%21.5%4.1%-1.0%1.7M-1.7M-143.9K0.2565.84212536,2731,875
2019-01-14$203.83$200.0022.9%6.6%33.3%34.9%21.1%3.7%-0.5%1.8M-2.5M-144.7K0.1068.232026,2741,876
2019-01-15$207.43$200.0020.2%5.8%33.7%25.6%22.5%4.0%0.7%2.4M-10.6M-158.0K0.6874.1775516,3371,878
2019-01-16$209.27$200.0019.6%5.6%32.6%23.6%20.5%3.9%0.7%2.6M-14.6M-154.9K1.0478.141061106,3291,871
2019-01-17$211.07$200.0019.6%5.6%29.6%23.4%21.7%3.9%0.3%2.5M-17.2M-147.9K0.4680.3281376,3201,917
2019-01-18$213.99$200.0019.0%5.5%26.5%21.5%19.5%5.0%-0.1%2.7M-25.8M-150.3K0.4583.8386396,3041,898
2019-01-22$211.78$200.0021.0%6.0%26.9%28.3%20.1%3.5%-0.9%2.6M-21.6M-150.1K0.1484.575175,8581,567
2019-01-23$214.33$200.0021.1%6.0%24.1%28.6%20.8%5.8%-1.0%2.8M-26.7M-147.1K3.8387.2312465,8971,569
2019-01-24$213.47$200.0020.0%5.7%21.0%24.9%18.7%4.0%-0.2%2.7M-24.0M-143.3K1.0786.8430325,9011,582
2019-01-25$215.28$200.0017.5%5.0%16.8%16.2%18.4%3.9%0.1%2.9M-28.0M-145.8K0.7687.8941315,9161,587
2019-01-28$214.22$200.0020.9%6.0%17.1%27.9%20.9%4.2%-1.5%2.8M-26.4M-139.2K1.0087.8810105,9121,590
2019-01-29$213.45$210.0020.9%6.0%17.3%27.8%20.8%3.7%-1.2%2.8M-23.4M-132.9K0.5288.3621115,9221,598
2019-01-30$214.46$210.0020.5%5.9%17.3%26.6%20.4%4.3%-0.4%2.8M-25.6M-129.9K0.3692.3933125,9331,599
2019-01-31$218.60$210.0018.1%5.2%17.7%18.3%18.4%3.3%1.7%3.0M-34.8M-130.2K0.2880.3843125,9421,600