FDS Options History — April 2019

In April 2019, FDS traded between $248.60 and $275.65. ATM implied volatility averaged 16.6%, placing in the 13.2% IV rank vs the trailing year. The 30-day expected move averaged 4.7%. IV traded below realized volatility by 4.2% (HV 20d: 20.8%). Max pain ranged from $240.00 to $250.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 16 of 21 days. Put/call ratio averaged 2.07.

Notable Days

  • 2019-04-05: Highest Volume — 1,427 contracts
  • 2019-04-09: Largest IV spike — 22.6% change
  • 2019-04-29: Highest IV Rank — 19.3%
  • 2019-04-29: Largest Expected Move — 5.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$260.23$248.60$275.65$248.60$275.65
Max Pain$244.29$240.00$250.00$240.00$250.00
ATM IV16.6%14.9%18.4%15.9%16.2%
Expected Move4.7%4.3%5.3%4.5%4.6%
HV 20d20.8%13.5%24.2%24.2%13.6%
HV 60d17.0%16.6%17.6%17.6%17.1%
IV Rank13.2%7.5%19.3%10.8%12.0%
IV Percentile20.1%3.2%47.6%8.3%16.7%
Term Structure0.6%-0.3%1.6%-0.1%1.6%
VWIV17.4%15.3%21.1%16.0%17.9%
Skew 25d2.9%-0.4%5.3%-0.4%5.2%
Skew 10d7.3%1.2%11.5%1.2%10.8%
Call IV 25d15.3%12.4%19.2%19.2%14.0%
Put IV 25d18.2%17.2%20.0%18.8%19.2%
Bid-Ask Spread %87.5477.4396.0383.3490.61
Gamma HHI0.290.220.430.430.23
Net GEX2.5M1.6M4.2M4.2M1.6M
Net DEX-127.4M-146.4M-110.1M-110.1M-146.4M
Net VEX-179.4K-213.5K-128.9K-212.1K-128.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.070.068.442.881.29
Total Volume264.905501,427124126
Total OI9,262.6678,25010,4428,2509,268

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-04-01$248.60$240.0015.9%4.5%24.2%10.8%16.0%-0.4%-0.1%4.2M-110.1M-212.1K2.8883.3432926,1262,124
2019-04-02$249.87$240.0015.6%4.4%24.1%10.0%15.3%2.6%-0.3%4.1M-112.2M-206.2K0.7777.4344346,1292,181
2019-04-03$252.32$240.0016.3%4.6%23.8%12.1%16.2%3.1%1.3%3.8M-118.4M-195.4K0.2384.15166386,1342,183
2019-04-04$252.28$240.0016.2%4.5%22.9%12.0%16.0%3.1%0.1%3.9M-118.6M-189.8K0.6682.241991326,1162,185
2019-04-05$252.85$240.0016.1%4.6%22.8%11.6%17.5%2.8%-0.0%3.9M-119.4M-188.8K6.7682.591841,2436,1202,248
2019-04-08$255.44$240.0014.9%4.3%22.8%7.5%16.3%3.1%0.6%2.5M-121.3M-197.5K4.5481.5813596,1203,372
2019-04-09$254.71$240.0018.3%4.9%22.9%18.9%18.4%3.4%-0.0%2.5M-118.6M-204.0K6.4183.38171096,1283,387
2019-04-10$256.49$240.0016.2%4.6%22.9%11.8%17.6%2.1%1.0%2.4M-122.7M-203.4K0.5890.951901106,1363,399
2019-04-11$255.99$240.0015.9%4.6%23.0%10.9%17.3%2.8%1.1%2.5M-122.2M-213.5K1.7883.901763146,2553,457
2019-04-12$259.86$240.0016.9%4.8%23.3%14.3%17.6%1.9%0.4%2.0M-128.6M-199.1K1.7285.222524336,2703,697
2019-04-15$261.49$240.0017.2%4.9%23.3%15.2%18.3%2.5%0.2%2.2M-135.7M-180.8K8.4487.26342876,3613,706
2019-04-16$262.95$240.0016.7%4.8%23.2%13.5%16.6%2.9%0.4%1.9M-138.8M-179.1K0.8886.5983736,3743,984
2019-04-17$258.91$250.0017.2%4.9%24.0%15.3%17.1%2.6%-0.1%2.0M-130.5M-194.9K1.1686.1361716,4084,028
2019-04-18$262.73$250.0017.1%4.9%23.3%14.8%17.4%2.8%0.0%2.0M-138.1M-175.7K1.3793.30841156,4164,026
2019-04-22$260.57$250.0017.0%4.9%20.2%14.8%18.5%2.8%1.0%1.6M-120.0M-171.3K0.4393.4835155,7803,126
2019-04-23$266.35$250.0016.0%4.6%20.6%11.3%17.2%1.6%1.5%1.7M-130.6M-148.5K0.2492.0399245,7803,138
2019-04-24$266.82$250.0016.0%4.6%14.2%11.3%17.5%5.3%1.4%1.8M-129.8M-161.6K0.3596.03110395,8743,147
2019-04-25$267.37$250.0016.8%4.8%13.6%13.8%17.3%3.3%0.8%1.7M-134.6M-135.7K0.0694.6412985,8993,136
2019-04-26$270.75$250.0017.3%4.9%13.8%15.5%17.5%2.7%0.8%1.9M-137.0M-143.3K0.4392.39193835,9223,137
2019-04-29$272.86$250.0018.4%5.3%13.5%19.3%21.1%4.8%0.1%1.8M-142.7M-136.9K2.5690.9816416,0303,209
2019-04-30$275.65$250.0016.2%4.6%13.6%12.0%17.9%5.2%1.6%1.6M-146.4M-128.9K1.2990.6155716,0363,232