FDS Options History — May 2023

In May 2023, FDS traded between $385.66 and $411.35. ATM implied volatility averaged 23.7%, placing in the 22.5% IV rank vs the trailing year. The 30-day expected move averaged 6.9%. IV traded above realized volatility by 1.3% (HV 20d: 22.4%). Max pain ranged from $400.00 to $440.00. Net GEX was positive for 9 of 22 trading days. Term structure was in contango for 13 of 22 days. Put/call ratio averaged 2.47.

Notable Days

  • 2023-05-17: Highest Volume — 314 contracts
  • 2023-05-02: Largest IV spike — 25.2% change
  • 2023-05-25: Highest IV Rank — 40.5%
  • 2023-05-25: Largest Expected Move — 7.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$395.81$385.66$411.35$411.35$385.66
Max Pain$416.82$400.00$440.00$410.00$400.00
ATM IV23.7%19.6%27.7%21.4%24.4%
Expected Move6.9%5.6%7.9%6.1%7.0%
HV 20d22.4%17.3%24.0%21.4%17.3%
HV 60d24.6%23.8%24.8%23.8%24.8%
IV Rank22.5%6.3%40.5%12.0%26.7%
IV Percentile29.9%2.0%61.1%11.5%38.1%
Term Structure0.9%-3.9%5.0%-0.7%4.7%
VWIV23.2%18.5%34.0%22.2%21.3%
Skew 25d6.5%0.2%9.4%6.9%2.9%
Skew 10d9.2%-0.3%19.6%1.6%7.7%
Call IV 25d19.6%15.9%24.4%18.7%24.4%
Put IV 25d26.0%21.2%30.1%25.7%27.3%
Bid-Ask Spread %96.4992.65102.27102.2793.22
Gamma HHI0.110.080.150.100.12
Net GEX-103.3K-441.0K310.7K-75.4K52.3K
Net DEX5.7M2.1M8.4M2.1M6.7M
Net VEX-84.3K-93.4K-77.6K-92.6K-78.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.470.0027.000.003.83
Total Volume41.4552314229
Total OI2,050.2271,8692,2911,8692,198

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-05-01$411.35$410.0021.4%6.1%21.4%12.0%22.2%6.9%-0.7%-75.4K2.1M-92.6K0.00102.27207241,145
2023-05-02$398.18$410.0026.8%7.7%24.0%31.4%23.2%0.2%-3.9%-237.3K4.8M-93.4K27.00101.121277251,145
2023-05-03$393.61$410.0026.3%7.5%23.7%29.4%25.2%6.1%-2.1%-348.6K7.3M-82.1K0.25101.06417251,171
2023-05-04$396.29$440.0023.8%7.6%22.8%20.4%24.2%7.1%-0.6%-300.6K6.2M-85.8K3.0095.287217261,168
2023-05-05$404.84$440.0021.4%6.5%24.0%12.0%28.3%9.4%2.5%-227.4K4.5M-89.4K4.2092.915217271,185
2023-05-08$403.59$440.0025.5%6.9%23.9%26.7%0.0%6.6%1.4%-243.9K4.9M-84.0K1.4093.62577291,185
2023-05-09$402.75$440.0020.8%7.2%23.6%9.6%0.0%8.1%1.0%-252.5K5.2M-84.2K1.7893.949167331,192
2023-05-10$405.25$440.0020.8%6.0%23.4%9.9%26.5%6.3%5.0%-212.4K4.4M-86.7K1.6793.68357461,211
2023-05-11$400.15$440.0025.1%7.2%22.7%27.7%21.3%8.2%-1.8%-320.0K6.2M-84.3K0.0895.092427481,213
2023-05-12$398.25$440.0024.1%6.9%22.6%25.4%19.0%8.3%-0.2%-441.0K6.6M-83.8K0.0092.657407351,214
2023-05-15$394.93$420.0023.6%6.8%22.7%23.4%18.5%9.0%1.2%-304.2K7.1M-81.4K0.1196.785368351,214
2023-05-16$388.97$420.0027.3%7.8%22.7%39.0%21.3%6.0%-2.5%-311.6K8.4M-81.9K1.0897.4624269051,217
2023-05-17$394.91$420.0022.5%6.5%23.6%18.7%22.2%6.5%2.8%-234.5K7.3M-80.8K0.0199.8031049151,238
2023-05-18$394.51$400.0023.4%6.7%23.6%22.5%34.0%7.8%3.2%95.2K5.5M-83.5K0.2299.663271,0251,239
2023-05-19$396.82$400.0019.6%5.6%23.0%6.3%20.4%7.9%4.7%262.9K3.4M-87.9K0.4095.571561,0471,244
2023-05-22$398.15$400.0020.3%5.8%23.1%9.5%22.1%7.1%2.6%310.7K2.8M-86.8K0.1999.532759231,184
2023-05-23$388.83$400.0022.5%6.4%23.5%18.5%0.0%5.3%2.9%127.2K5.4M-83.8K0.5396.981799451,185
2023-05-24$386.02$400.0024.4%7.0%21.5%26.7%0.0%8.5%-0.1%21.1K7.2M-78.9K0.0098.44209571,193
2023-05-25$386.36$400.0027.7%7.9%19.9%40.5%0.0%6.7%-3.1%48.1K6.9M-80.9K0.5694.0325149591,193
2023-05-26$387.71$400.0026.7%7.6%19.8%36.2%21.9%3.1%1.4%87.5K6.2M-85.4K0.2896.782579601,196
2023-05-30$390.74$400.0023.5%6.7%20.2%23.0%21.3%5.0%2.1%231.1K5.1M-77.6K7.7592.814319831,203
2023-05-31$385.66$400.0024.4%7.0%17.3%26.7%0.0%2.9%4.7%52.3K6.7M-78.6K3.8393.226239821,216