FDS Options History — August 2019

In August 2019, FDS traded between $270.28 and $281.93. ATM implied volatility averaged 25.5%, placing in the 42.0% IV rank vs the trailing year. The 30-day expected move averaged 7.1%. IV traded above realized volatility by 1.4% (HV 20d: 24.1%). Max pain ranged from $280.00 to $300.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 21 of 22 days. Put/call ratio averaged 5.65.

Notable Days

  • 2019-08-20: Highest Volume — 2,845 contracts
  • 2019-08-12: Largest IV spike — 49.2% change
  • 2019-08-12: Highest IV Rank — 74.4%
  • 2019-08-05: Largest Expected Move — 7.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$275.25$270.28$281.93$280.01$271.46
Max Pain$281.82$280.00$300.00$300.00$280.00
ATM IV25.5%21.5%34.6%23.4%24.0%
Expected Move7.1%6.2%7.9%6.7%6.9%
HV 20d24.1%20.1%25.5%20.1%25.3%
HV 60d22.0%20.8%22.8%20.8%22.2%
IV Rank42.0%26.8%74.4%36.3%35.8%
IV Percentile76.5%54.0%99.2%72.2%70.6%
Term Structure2.5%-0.4%4.6%-0.4%4.4%
VWIV25.3%20.9%29.5%22.7%22.8%
Skew 25d4.3%3.5%5.1%4.0%4.0%
Skew 10d9.4%7.2%11.3%8.5%8.4%
Call IV 25d23.0%20.5%25.9%21.9%21.9%
Put IV 25d27.3%24.0%30.7%25.9%25.9%
Bid-Ask Spread %63.8734.2883.2183.2176.07
Gamma HHI0.210.140.270.180.26
Net GEX-1.9M-3.0M-374.1K-1.9M-3.0M
Net DEX37.5M1.3M54.3M35.4M40.7M
Net VEX-217.0K-289.7K-153.3K-203.3K-268.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio5.650.2048.232.270.23
Total Volume298.409362,84517075
Total OI7,675.4555,1538,6737,5758,645

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-08-01$280.01$300.0023.4%6.7%20.1%36.3%22.7%4.0%-0.4%-1.9M35.4M-203.3K2.2783.21521182,3355,240
2019-08-02$278.69$300.0023.1%6.6%20.1%35.5%23.0%4.6%0.4%-1.7M40.1M-196.8K1.2171.1752632,3395,261
2019-08-05$270.28$280.0031.7%7.9%21.9%64.7%29.0%4.8%0.6%-1.9M54.3M-194.7K1.1947.0832382,3715,313
2019-08-06$274.16$280.0028.6%7.4%22.6%54.3%25.3%4.5%1.1%-1.9M47.8M-193.2K1.5034.2826392,3905,330
2019-08-07$274.96$280.0030.2%7.7%22.6%59.6%29.5%4.2%0.9%-1.8M47.0M-191.1K4.2143.6519802,4085,356
2019-08-08$281.93$280.0024.5%6.9%24.5%40.1%24.0%5.1%2.2%-1.5M34.9M-186.4K0.4654.3397452,4225,379
2019-08-09$279.18$280.0023.2%6.9%24.2%35.7%27.4%4.0%2.0%-1.7M39.1M-190.9K10.1456.12141422,4755,381
2019-08-12$274.56$280.0034.6%7.8%24.7%74.4%26.0%4.9%1.2%-1.9M48.2M-181.2K1.6360.5916262,4645,427
2019-08-13$279.08$280.0025.5%7.0%22.2%43.7%26.0%4.5%1.3%-1.8M39.4M-177.8K15.1348.1781212,4725,271
2019-08-14$270.35$280.0026.7%7.7%24.8%47.6%28.3%4.9%2.2%-1.7M53.2M-170.4K12.6468.15455692,4735,336
2019-08-15$272.44$280.0026.0%7.5%24.9%42.9%25.2%4.5%2.1%-1.2M48.9M-168.7K1.4955.41741102,4925,169
2019-08-16$277.12$280.0022.8%6.5%25.5%31.4%23.2%3.5%2.9%-406.6K43.2M-162.7K0.2067.963062,5335,200
2019-08-19$277.27$280.0021.5%6.2%25.5%26.8%20.9%3.5%3.5%-405.3K1.3M-153.3K0.4259.72133561,9963,157
2019-08-20$276.74$280.0022.2%6.4%25.2%29.2%22.5%4.2%4.3%-374.1K2.0M-161.5K10.8569.132402,6052,0733,179
2019-08-21$277.45$280.0022.1%6.3%25.2%29.1%22.3%3.7%4.2%-2.5M25.4M-267.3K6.7765.97392642,2155,378
2019-08-22$276.46$280.0022.7%6.5%25.2%31.1%23.2%4.0%4.0%-2.6M30.4M-287.6K1.0176.862012042,2415,623
2019-08-23$270.73$280.0026.6%7.6%25.2%45.0%28.6%4.6%2.6%-2.6M42.3M-289.7K2.2071.9620442,3475,719
2019-08-26$270.60$280.0026.9%7.7%25.2%46.1%26.0%4.2%2.7%-2.7M42.9M-285.3K0.4270.5653222,3465,722
2019-08-27$274.19$280.0026.2%7.5%24.6%43.4%27.8%4.5%3.1%-2.8M35.9M-285.1K48.2373.50136272,3325,706
2019-08-28$276.60$280.0024.0%6.9%24.5%35.8%28.5%4.1%4.2%-2.6M30.7M-283.9K0.4273.7640172,3436,328
2019-08-29$271.30$280.0023.8%6.8%25.3%34.9%23.4%3.6%4.6%-2.9M40.9M-273.7K1.5777.5535552,3286,345
2019-08-30$271.46$280.0024.0%6.9%25.3%35.8%22.8%4.0%4.4%-3.0M40.7M-268.6K0.2376.0761142,3036,342