FDS Options History — July 2019

In July 2019, FDS traded between $276.12 and $296.34. ATM implied volatility averaged 21.0%, placing in the 28.2% IV rank vs the trailing year. The 30-day expected move averaged 6.0%. IV traded below realized volatility by 0.6% (HV 20d: 21.6%). Max pain ranged from $290.00 to $300.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 16 of 22 days. Put/call ratio averaged 1.16.

Notable Days

  • 2019-07-25: Highest Volume — 988 contracts
  • 2019-07-05: Largest IV spike — 17.0% change
  • 2019-07-17: Highest IV Rank — 35.9%
  • 2019-07-17: Largest Expected Move — 6.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$286.09$276.12$296.34$286.55$278.81
Max Pain$298.64$290.00$300.00$290.00$300.00
ATM IV21.0%17.5%23.3%20.0%21.3%
Expected Move6.0%5.0%6.7%5.7%6.1%
HV 20d21.6%19.7%23.8%23.0%20.4%
HV 60d20.8%19.7%21.5%19.7%21.2%
IV Rank28.2%16.3%35.9%24.9%29.3%
IV Percentile55.5%27.4%71.0%50.0%57.5%
Term Structure0.4%-0.2%1.3%0.6%0.4%
VWIV20.9%18.4%23.4%21.2%20.4%
Skew 25d3.9%3.5%4.8%4.8%3.6%
Skew 10d8.4%6.9%11.1%11.1%7.9%
Call IV 25d19.5%17.5%20.9%19.4%20.1%
Put IV 25d23.4%21.7%25.2%24.3%23.7%
Bid-Ask Spread %64.8030.4476.9169.7776.62
Gamma HHI0.360.180.890.390.18
Net GEX-5.4M-34.1M-1.5M-6.1M-1.8M
Net DEX29.1M-5.5M47.8M43.6M38.5M
Net VEX-230.8K-293.6K-196.0K-293.6K-197.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.160.053.890.470.56
Total Volume380.227135988146181
Total OI9,668.7736,85911,63710,7177,559

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-07-01$286.55$290.0020.0%5.7%23.0%24.9%21.2%4.8%0.6%-6.1M43.6M-293.6K0.4769.7799472,8967,821
2019-07-02$292.76$290.0019.4%5.6%21.9%23.0%20.2%4.1%1.1%-4.1M19.0M-284.5K1.2268.1563772,9487,832
2019-07-03$295.52$290.0017.5%5.0%22.1%16.3%20.6%4.2%1.3%-3.1M8.0M-277.4K0.8571.9573622,9457,827
2019-07-05$294.59$300.0020.4%5.9%21.6%26.4%19.6%3.7%-0.0%-3.4M11.7M-269.3K0.8563.9194802,9537,828
2019-07-08$289.60$300.0022.1%6.1%22.3%32.0%20.2%4.2%-0.2%-5.5M28.6M-256.8K0.6430.442341492,9527,829
2019-07-09$290.54$300.0021.5%6.0%21.6%30.0%22.1%4.0%-0.1%-5.2M26.2M-257.0K1.1350.151321493,0627,810
2019-07-10$291.40$300.0020.9%6.0%21.5%28.1%21.1%3.7%0.3%-5.2M21.3M-247.4K0.5253.57164853,0827,811
2019-07-11$293.44$300.0020.5%5.9%20.2%26.6%20.5%3.6%0.6%-3.9M12.3M-237.6K0.9255.7093863,1277,835
2019-07-12$296.34$300.0019.1%5.5%19.7%21.7%19.6%3.6%0.8%-1.5M-5.5M-222.3K0.5151.0095483,1217,845
2019-07-15$294.54$300.0021.0%6.0%19.8%28.3%20.4%3.5%0.1%-2.3M1.5M-212.0K0.0565.19404203,1067,836
2019-07-16$283.76$300.0022.8%6.5%23.8%34.3%21.6%3.6%-0.1%-9.1M47.8M-230.9K0.6472.064642973,4327,847
2019-07-17$283.76$300.0023.3%6.7%23.0%35.9%21.9%4.3%-0.2%-10.1M46.9M-230.1K0.8167.622682163,5967,886
2019-07-18$284.86$300.0022.8%6.5%22.8%34.4%23.4%3.5%-0.1%-9.7M34.8M-222.2K0.9471.321911793,6417,862
2019-07-19$281.08$300.0022.1%6.3%23.1%32.0%21.4%4.0%0.0%-34.1M43.9M-209.9K2.8870.102126113,6767,961
2019-07-22$280.52$300.0021.4%6.1%22.9%29.6%20.6%3.6%0.5%-2.3M35.3M-204.8K0.8664.121481281,9514,908
2019-07-23$277.45$300.0021.2%6.1%22.8%29.0%22.1%3.7%0.8%-2.2M41.1M-204.9K3.8967.49833232,0135,011
2019-07-24$278.27$300.0020.6%5.9%20.5%26.9%20.6%3.8%0.7%-2.2M41.0M-205.9K0.6667.554873212,0185,253
2019-07-25$278.31$300.0020.7%5.9%19.8%27.2%22.2%4.1%0.6%-2.1M39.5M-208.8K3.0069.082477412,1615,259
2019-07-26$283.33$300.0020.3%5.8%20.3%25.8%20.3%3.9%0.8%-2.0M30.4M-209.1K3.5068.771595562,1555,199
2019-07-29$282.49$300.0021.2%6.1%20.2%28.8%18.4%3.9%0.2%-2.0M31.7M-200.5K0.1274.12126152,1615,208
2019-07-30$276.12$300.0021.4%6.1%21.7%29.5%20.8%3.6%0.5%-1.9M43.0M-196.0K0.5076.91105532,2735,217
2019-07-31$278.81$300.0021.3%6.1%20.4%29.3%20.4%3.6%0.4%-1.8M38.5M-197.2K0.5676.62116652,3295,230