FDS Options History — February 2022

In February 2022, FDS traded between $392.00 and $428.08. ATM implied volatility averaged 28.7%, placing in the 54.5% IV rank vs the trailing year. The 30-day expected move averaged 8.1%. IV traded above realized volatility by 5.3% (HV 20d: 23.4%). Max pain ranged from $420.00 to $430.00. Net GEX was positive for 7 of 19 trading days. Term structure was in contango for 15 of 19 days. Put/call ratio averaged 1.25.

Notable Days

  • 2022-02-09: Highest Volume — 1,019 contracts
  • 2022-02-25: Largest IV drop — 12.1% change
  • 2022-02-24: Highest IV Rank — 72.0%
  • 2022-02-24: Largest Expected Move — 9.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$409.82$392.00$428.08$420.24$404.24
Max Pain$421.05$420.00$430.00$430.00$420.00
ATM IV28.7%24.9%32.8%27.7%31.7%
Expected Move8.1%7.1%9.4%7.9%9.1%
HV 20d23.4%21.0%27.2%23.6%27.2%
HV 60d21.3%20.3%23.0%20.3%23.0%
IV Rank54.5%38.6%72.0%50.3%67.2%
IV Percentile78.1%55.6%94.4%73.8%90.5%
Term Structure0.7%-1.4%2.9%1.3%0.4%
VWIV28.0%22.9%32.0%28.6%32.0%
Skew 25d4.3%1.5%6.4%5.3%4.4%
Skew 10d8.2%3.0%17.4%8.1%7.7%
Call IV 25d26.5%22.7%29.7%25.1%29.1%
Put IV 25d30.8%27.4%36.1%30.4%33.5%
Bid-Ask Spread %88.8081.9494.9989.6994.99
Gamma HHI0.070.060.090.060.09
Net GEX-102.8K-611.9K344.9K149.4K-293.1K
Net DEX12.4M4.2M19.2M7.8M14.5M
Net VEX-121.6K-151.4K-90.0K-149.0K-93.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.251.171.311.231.29
Total Volume960.7378861,0191,002903
Total OI3,654.6843,4433,7613,6843,482

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-02-01$420.24$430.0027.7%7.9%23.6%50.3%28.6%5.3%1.3%149.4K7.8M-149.0K1.2389.694495531,8981,786
2022-02-02$428.08$430.0026.1%7.5%25.1%43.4%22.9%4.6%1.8%344.9K4.2M-142.5K1.2392.004495531,9011,785
2022-02-03$421.24$420.0028.9%7.9%22.4%55.6%28.5%4.1%-0.8%157.6K8.3M-151.4K1.2286.104495461,9041,785
2022-02-04$422.13$420.0031.8%8.1%22.3%67.5%25.6%4.1%0.4%188.5K7.2M-140.7K1.2284.484465461,9071,790
2022-02-07$416.83$420.0030.0%7.8%22.3%59.9%28.3%3.7%-1.0%59.5K9.7M-142.1K1.2381.944465471,9081,790
2022-02-08$418.40$420.0027.2%7.9%22.5%48.0%26.3%4.6%-1.4%36.4K10.3M-128.1K1.3086.444215461,9081,792
2022-02-09$417.72$420.0024.9%7.1%22.4%38.6%25.2%4.6%-0.7%79.3K8.3M-139.0K1.1887.634675521,9081,794
2022-02-10$407.50$420.0027.6%7.9%23.1%49.7%27.5%4.2%1.2%-101.6K13.0M-126.6K1.2586.404435541,9621,791
2022-02-11$405.83$420.0029.2%8.4%21.4%56.7%29.2%2.7%0.3%-222.7K15.7M-120.6K1.3088.914255541,9631,785
2022-02-14$398.63$420.0027.8%8.0%21.0%50.9%27.9%3.3%1.5%-347.4K17.9M-123.5K1.3187.614245561,9651,786
2022-02-15$406.30$420.0028.1%8.1%22.3%52.2%27.7%4.2%0.1%-158.4K14.9M-116.3K1.3089.844255521,9671,793
2022-02-16$413.45$420.0027.3%7.8%23.2%48.5%26.8%4.8%0.4%-46.2K12.5M-112.1K1.2690.464255371,9691,792
2022-02-17$405.54$420.0027.3%7.8%24.1%48.7%29.0%3.8%2.3%-100.2K12.4M-124.8K1.2691.004265371,9711,784
2022-02-18$404.04$420.0028.7%8.2%23.3%54.7%26.8%6.1%1.5%-130.5K15.7M-112.4K1.3189.114075341,9721,763
2022-02-22$404.15$420.0028.8%8.3%23.1%55.0%28.3%4.9%2.9%-266.5K14.4M-100.1K1.2090.324024841,7941,649
2022-02-23$393.65$420.0030.4%8.7%24.7%61.8%31.1%4.0%1.8%-413.7K16.3M-104.8K1.1789.294124841,8061,650
2022-02-24$392.00$420.0032.8%9.4%23.4%72.0%31.2%6.4%0.2%-611.9K19.2M-93.5K1.2988.903945091,8051,651
2022-02-25$406.65$420.0028.9%8.3%27.1%55.2%29.1%1.5%1.7%-276.5K13.8M-90.0K1.2792.123955021,8051,678
2022-02-28$404.24$420.0031.7%9.1%27.2%67.2%32.0%4.4%0.4%-293.1K14.5M-93.5K1.2994.993955081,8001,682