FDS Options History — June 2019

In June 2019, FDS traded between $275.82 and $302.61. ATM implied volatility averaged 25.6%, placing in the 43.9% IV rank vs the trailing year. The 30-day expected move averaged 7.8%. IV traded above realized volatility by 5.2% (HV 20d: 20.4%). Max pain ranged from $270.00 to $290.00. Net GEX was positive for 8 of 20 trading days. Term structure was in contango for 5 of 20 days. Put/call ratio averaged 3.27.

Notable Days

  • 2019-06-19: Highest Volume — 5,467 contracts
  • 2019-06-12: Largest IV spike — 31.7% change
  • 2019-06-24: Highest IV Rank — 69.2%
  • 2019-06-24: Largest Expected Move — 9.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$292.41$275.82$302.61$275.82$286.31
Max Pain$286.50$270.00$290.00$270.00$290.00
ATM IV25.6%20.8%33.0%21.7%21.3%
Expected Move7.8%6.0%9.5%6.2%6.1%
HV 20d20.4%18.1%23.1%20.2%23.1%
HV 60d20.0%17.9%21.5%19.8%19.7%
IV Rank43.9%27.5%69.2%30.7%29.3%
IV Percentile80.0%59.1%98.8%65.9%61.1%
Term Structure-2.6%-6.1%7.0%4.9%0.1%
VWIV28.8%21.5%35.5%22.0%22.0%
Skew 25d4.5%2.2%5.8%4.7%4.1%
Skew 10d9.7%4.7%18.4%14.3%11.0%
Call IV 25d25.8%19.8%31.5%21.4%21.2%
Put IV 25d30.3%23.5%35.6%26.1%25.2%
Bid-Ask Spread %70.2134.5390.2089.4334.53
Gamma HHI0.290.220.390.300.38
Net GEX-1.5M-6.4M2.3M-6.4M-5.3M
Net DEX-46.3M-156.8M49.3M13.2M43.6M
Net VEX-285.6K-361.0K-212.4K-361.0K-317.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.270.5016.402.132.96
Total Volume1,612.11115,467260633
Total OI15,534.957,94920,93714,93710,700

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-06-03$275.82$270.0021.7%6.2%20.2%30.7%22.0%4.7%4.9%-6.4M13.2M-361.0K2.1389.43831774,04010,897
2019-06-04$283.87$270.0022.4%6.4%21.8%32.9%22.0%3.6%6.1%-2.3M-32.0M-317.1K5.0589.12763844,09811,062
2019-06-05$285.75$270.0020.8%6.0%20.4%27.5%21.7%4.1%7.0%-1.7M-39.0M-302.4K1.9390.201723324,09011,274
2019-06-06$289.74$280.0022.0%8.3%20.9%31.7%30.8%5.7%-4.6%127.7K-59.6M-306.1K6.6569.346984,6404,63911,276
2019-06-07$292.43$290.0023.0%8.6%21.0%35.2%35.5%5.3%-4.1%-1.9M-53.1M-333.9K16.4071.361512,4774,75812,667
2019-06-10$296.62$290.0021.2%8.3%21.4%28.9%30.9%3.9%-5.4%-806.1K-70.6M-295.5K0.5066.5974374,77712,852
2019-06-11$294.31$290.0023.6%9.0%18.1%37.1%33.4%2.2%-5.8%-771.4K-64.7M-298.2K0.7372.0485624,81312,863
2019-06-12$300.64$290.0031.1%8.9%18.6%62.5%32.9%5.6%-6.0%822.8K-88.4M-260.1K2.4871.15842084,81512,888
2019-06-13$295.73$290.0030.0%8.6%19.7%59.0%31.8%4.3%-6.1%115.2K-73.8M-274.5K1.5767.463825984,82712,873
2019-06-14$296.25$290.0028.4%8.1%19.6%53.4%30.5%3.5%-4.3%376.0K-76.0M-261.2K2.3269.842606024,62312,799
2019-06-17$295.99$290.0028.9%8.3%19.6%55.3%34.5%4.1%-5.9%877.1K-76.8M-236.7K3.7270.891124174,52612,684
2019-06-18$300.13$290.0028.9%8.3%19.6%55.0%32.6%4.5%-5.2%1.5M-90.5M-212.4K4.7469.507863,7244,50312,502
2019-06-19$302.61$290.0028.9%8.3%19.0%55.1%31.4%5.7%-5.1%-411.7K-86.7M-241.2K0.6377.433,3602,1074,50514,022
2019-06-20$301.18$290.0028.4%8.1%19.1%53.3%28.7%4.3%-4.7%81.2K-156.8M-238.3K1.7470.961071866,87014,035
2019-06-21$297.75$290.0030.4%8.7%18.9%60.2%33.1%5.8%-6.1%2.3M-143.9M-250.5K0.9570.662652536,88314,054
2019-06-24$293.99$290.0033.0%9.5%19.7%69.2%33.4%5.1%-5.5%-2.5M5.2M-259.4K3.4360.298262,8331,9825,967
2019-06-25$285.31$290.0023.1%6.6%22.0%35.3%23.9%4.9%-0.6%-4.8M42.0M-309.1K2.1075.961,0472,1982,6517,132
2019-06-26$289.06$290.0021.6%6.2%22.3%30.4%21.5%4.3%0.3%-4.7M32.2M-318.9K3.0465.222457452,7427,601
2019-06-27$284.71$290.0023.5%6.7%23.1%36.9%23.0%4.2%-0.7%-5.5M49.3M-317.7K2.2852.182495672,8187,591
2019-06-28$286.31$290.0021.3%6.1%23.1%29.3%22.0%4.1%0.1%-5.3M43.6M-317.6K2.9634.531604732,8977,803