FDS Options History — April 2021

In April 2021, FDS traded between $308.69 and $350.22. ATM implied volatility averaged 24.2%, placing in the 18.5% IV rank vs the trailing year. The 30-day expected move averaged 6.9%. IV traded below realized volatility by 4.0% (HV 20d: 28.2%). Max pain ranged from $310.00 to $350.00. Net GEX was positive for 16 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 1.22.

Notable Days

  • 2021-04-13: Highest Volume — 2,123 contracts
  • 2021-04-23: Largest IV spike — 38.1% change
  • 2021-04-23: Highest IV Rank — 51.6%
  • 2021-04-23: Largest Expected Move — 9.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$322.68$308.69$350.22$316.87$335.06
Max Pain$321.43$310.00$350.00$310.00$350.00
ATM IV24.2%18.9%33.1%21.5%26.2%
Expected Move6.9%6.2%9.5%6.2%7.5%
HV 20d28.2%23.3%38.7%25.3%36.0%
HV 60d26.1%24.1%29.7%25.0%29.0%
IV Rank18.5%0.0%51.6%0.0%26.8%
IV Percentile7.7%0.0%67.5%0.0%11.5%
Term Structure-0.5%-5.3%2.2%2.2%-3.2%
VWIV24.9%20.3%33.0%26.4%24.8%
Skew 25d2.0%-3.6%5.1%5.1%-3.6%
Skew 10d4.3%-16.1%17.5%4.8%-4.8%
Call IV 25d23.3%19.4%32.4%22.7%26.5%
Put IV 25d25.3%21.5%35.1%27.8%22.8%
Bid-Ask Spread %89.3282.1695.1292.7391.20
Gamma HHI0.110.100.130.110.11
Net GEX215.0K-117.2K683.0K65.8K533.7K
Net DEX-3.4M-10.3M392.5K-1.5M-6.9M
Net VEX-42.2K-62.3K-31.6K-41.9K-60.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.220.006.271.040.80
Total Volume176.52442,123579
Total OI1,418.4761,0891,8471,3841,847

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-04-01$316.87$310.0021.5%6.2%25.3%0.0%26.4%5.1%2.2%65.8K-1.5M-41.9K1.0492.732829753631
2021-04-05$320.38$320.0023.8%6.9%23.9%6.5%0.0%2.3%-0.3%188.5K-2.5M-39.4K3.7582.16415743604
2021-04-06$318.44$320.0018.9%6.7%23.9%0.0%21.9%4.9%-0.8%154.6K-1.7M-37.6K1.0087.9699740595
2021-04-07$309.25$320.0025.9%6.6%26.0%25.7%22.7%3.1%1.0%-117.2K392.5K-33.4K0.2884.48298740600
2021-04-08$309.81$320.0022.4%6.3%26.0%12.7%24.6%4.7%1.5%-82.4K64.5K-33.8K0.1485.60213763602
2021-04-09$308.69$310.0020.5%6.2%25.9%5.9%26.6%0.9%1.5%-91.4K164.5K-33.2K0.2886.783610774605
2021-04-12$311.19$310.0027.1%7.0%25.9%29.8%25.4%4.5%-0.1%-31.5K-275.1K-31.6K3.0090.5826772614
2021-04-13$311.60$310.0025.8%6.9%24.6%25.2%23.6%2.0%-0.1%2.0K-719.3K-33.2K6.2788.942921,831774620
2021-04-14$310.22$310.0023.3%6.7%24.6%16.2%24.2%2.2%0.9%-51.9K-229.1K-32.7K0.2590.89123771634
2021-04-15$315.39$310.0021.8%6.2%25.2%10.6%22.0%2.6%1.1%69.9K-1.3M-33.4K0.1389.90314781637
2021-04-16$319.67$310.0024.1%6.9%25.2%19.2%20.3%4.2%-1.3%210.0K-2.6M-35.9K0.2092.75408789635
2021-04-19$318.56$310.0022.1%6.3%24.5%11.6%24.0%3.3%1.1%133.2K-1.7M-34.5K0.5190.384121656433
2021-04-20$318.62$310.0022.4%6.4%24.3%12.7%23.6%2.3%1.9%162.6K-1.9M-35.6K1.0095.1222683442
2021-04-21$322.07$310.0023.2%6.7%23.3%15.9%23.3%2.1%0.8%211.4K-2.7M-38.3K0.2991.523410685444
2021-04-22$324.43$310.0023.9%6.9%23.4%18.5%23.5%3.4%-0.6%262.1K-3.0M-37.9K0.6393.191610703440
2021-04-23$350.22$310.0033.1%9.5%35.6%51.6%33.0%2.6%-5.3%438.5K-8.9M-48.5K0.2892.69651185717446
2021-04-26$337.25$350.0027.2%7.8%38.5%30.2%28.4%-1.0%-2.2%579.7K-8.6M-60.3K1.3985.0956781,104605
2021-04-27$341.37$350.0027.2%7.8%38.7%30.2%27.2%-0.9%-4.2%683.0K-10.3M-61.2K3.6384.20301091,117613
2021-04-28$336.19$350.0023.6%6.8%36.0%17.2%26.3%-2.2%-0.8%557.6K-7.4M-62.3K0.0091.32401,131707
2021-04-29$341.07$350.0024.6%7.1%35.9%21.0%25.6%-0.2%-3.3%636.8K-9.9M-61.9K0.7388.141181,131707
2021-04-30$335.06$350.0026.2%7.5%36.0%26.8%24.8%-3.6%-3.2%533.7K-6.9M-60.4K0.8091.20541,139708