FDS Options History — May 2019

In May 2019, FDS traded between $272.12 and $283.90. ATM implied volatility averaged 20.7%, placing in the 27.1% IV rank vs the trailing year. The 30-day expected move averaged 5.9%. IV traded above realized volatility by 1.0% (HV 20d: 19.6%). Max pain ranged from $250.00 to $270.00. Net GEX was positive for 3 of 22 trading days. Term structure was in contango for 21 of 22 days. Put/call ratio averaged 4.36.

Notable Days

  • 2019-05-03: Highest Volume — 5,903 contracts
  • 2019-05-13: Largest IV spike — 47.9% change
  • 2019-05-13: Highest IV Rank — 52.8%
  • 2019-05-29: Largest Expected Move — 6.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$277.83$272.12$283.90$272.49$277.16
Max Pain$259.09$250.00$270.00$250.00$270.00
ATM IV20.7%16.5%28.2%17.6%21.5%
Expected Move5.9%4.7%6.7%5.0%6.2%
HV 20d19.6%14.7%22.2%14.8%21.1%
HV 60d19.0%16.9%20.3%17.3%20.0%
IV Rank27.1%13.0%52.8%16.6%29.9%
IV Percentile60.4%22.2%94.8%35.7%65.5%
Term Structure1.7%-0.2%5.9%1.3%5.1%
VWIV20.6%12.4%25.8%12.4%25.8%
Skew 25d3.4%1.1%4.6%4.0%2.8%
Skew 10d6.7%2.6%12.8%5.9%8.0%
Call IV 25d19.4%15.7%22.5%15.7%20.8%
Put IV 25d22.8%18.6%26.5%19.7%23.6%
Bid-Ask Spread %85.1976.6694.6294.2489.53
Gamma HHI0.290.230.410.230.29
Net GEX-3.6M-6.9M1.8M1.8M-5.6M
Net DEX-111.8M-148.5M-32.6M-143.2M-32.6M
Net VEX-334.4K-429.7K-135.5K-135.5K-360.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio4.360.0348.601.680.48
Total Volume1,080.864395,9032333,919
Total OI16,414.7739,33719,4219,33716,024

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-05-01$272.49$250.0017.6%5.0%14.8%16.6%12.4%4.0%1.3%1.8M-143.2M-135.5K1.6894.24871466,0753,262
2019-05-02$274.03$250.0018.4%5.3%14.7%19.5%17.1%3.7%1.0%1.6M-141.9M-150.3K1.5094.621011516,0813,391
2019-05-03$278.77$250.0016.5%4.7%15.3%13.0%18.2%1.1%2.0%1.4M-148.5M-138.7K48.6091.511195,7846,0833,403
2019-05-06$283.90$260.0019.1%5.7%15.9%22.0%21.3%2.1%0.7%-4.2M-132.5M-237.3K4.2976.661395976,0989,321
2019-05-07$278.02$260.0021.2%6.0%18.4%28.9%23.0%4.0%0.4%-5.2M-104.8M-333.0K8.5381.241179986,2169,905
2019-05-08$277.56$260.0019.9%5.9%18.4%24.6%22.5%3.4%0.3%-6.1M-97.1M-363.5K6.9278.231451,0036,20910,868
2019-05-09$278.18$260.0021.0%6.1%18.4%28.4%21.1%3.6%0.3%-5.9M-96.2M-368.0K3.4581.021545316,24210,866
2019-05-10$280.35$260.0019.1%5.8%18.3%21.7%19.4%4.6%1.5%-5.7M-104.0M-353.6K4.1783.28522176,25710,867
2019-05-13$272.12$260.0028.2%6.6%21.5%52.8%21.1%3.4%-0.2%-6.9M-74.6M-378.6K0.1183.242,0242246,25710,867
2019-05-14$276.72$260.0022.3%5.7%22.1%32.5%19.6%4.5%1.7%-3.8M-115.9M-429.7K0.6881.067345008,37311,048
2019-05-15$275.42$260.0020.3%5.8%22.2%26.0%20.3%3.2%0.0%-3.8M-109.0M-428.1K0.0383.709038,28011,000
2019-05-16$278.38$260.0019.4%5.6%21.3%22.9%18.8%2.9%1.0%-3.9M-125.2M-407.9K0.5684.7525148,27911,001
2019-05-17$278.92$260.0020.1%5.7%20.9%25.0%20.1%3.5%0.9%-3.9M-124.9M-407.2K0.0984.55238228,28711,001
2019-05-20$277.05$260.0020.8%6.0%20.8%27.6%21.2%2.5%2.6%-4.3M-113.0M-386.6K0.3284.2756187,9349,578
2019-05-21$282.16$260.0020.5%5.9%20.4%26.4%20.8%3.3%1.8%-2.5M-136.2M-352.5K0.3383.2958197,9459,593
2019-05-22$281.54$260.0020.3%5.8%20.5%26.0%19.5%3.3%1.8%-2.6M-136.9M-341.9K0.1786.18148257,9949,595
2019-05-23$277.94$260.0021.8%6.2%21.2%30.8%21.8%4.3%2.1%-3.7M-115.0M-381.1K2.2383.83701568,0079,596
2019-05-24$280.03$260.0021.2%6.1%21.0%28.9%21.2%4.3%1.6%-3.2M-127.3M-356.8K2.6885.77571538,0489,732
2019-05-28$275.72$260.0021.7%6.2%21.7%30.7%22.8%3.6%2.3%-5.0M-108.3M-354.1K7.2487.17171238,0519,736
2019-05-29$277.85$260.0023.4%6.7%21.6%36.5%23.9%4.0%3.0%-4.3M-114.1M-353.0K1.3287.991702248,0549,868
2019-05-30$277.89$260.0020.2%5.8%21.1%25.5%20.7%2.6%5.9%-4.0M-57.5M-338.6K0.4688.082,9841,3675,8449,989
2019-05-31$277.16$270.0021.5%6.2%21.1%29.9%25.8%2.8%5.1%-5.6M-32.6M-360.2K0.4889.532,6501,2695,14810,876