FDS Options History — March 2024

In March 2024, FDS traded between $445.16 and $486.28. ATM implied volatility averaged 22.0%, placing in the 35.9% IV rank vs the trailing year. The 30-day expected move averaged 6.7%. IV traded above realized volatility by 2.8% (HV 20d: 19.2%). Max pain ranged from $450.00 to $480.00. Net GEX was positive for 14 of 20 trading days. Term structure was in contango for 7 of 20 days. Put/call ratio averaged 1.24.

Notable Days

  • 2024-03-13: Highest Volume — 1,271 contracts
  • 2024-03-11: Largest IV spike — 26.2% change
  • 2024-03-18: Highest IV Rank — 71.7%
  • 2024-03-18: Largest Expected Move — 7.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$465.78$445.16$486.28$461.69$454.74
Max Pain$465.50$450.00$480.00$450.00$470.00
ATM IV22.0%17.1%27.2%20.1%17.4%
Expected Move6.7%4.9%7.8%5.8%5.0%
HV 20d19.2%12.8%30.2%16.8%30.2%
HV 60d18.7%15.9%22.0%17.8%21.5%
IV Rank35.9%14.1%71.7%20.6%16.1%
IV Percentile57.0%6.0%95.6%38.1%7.9%
Term Structure-0.9%-3.6%5.0%5.0%0.7%
VWIV24.1%17.9%28.4%20.7%17.9%
Skew 25d2.8%-0.8%4.5%1.1%2.6%
Skew 10d4.5%-5.0%8.9%4.3%6.7%
Call IV 25d22.5%16.1%25.6%20.1%16.1%
Put IV 25d25.3%17.3%29.1%21.2%18.7%
Bid-Ask Spread %76.8763.4294.0294.0284.48
Gamma HHI0.330.200.670.320.20
Net GEX1.6M-1.1M5.4M1.8M-95.0K
Net DEX-9.1M-30.3M12.4M-11.3M3.9M
Net VEX-83.7K-112.1K-67.6K-76.6K-77.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.240.105.001.311.04
Total Volume200.2531,2716053
Total OI2,357.351,8643,1912,3902,122

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-03-01$461.69$450.0020.1%5.8%16.8%20.6%20.7%1.1%5.0%1.8M-11.3M-76.6K1.3194.0226341,660730
2024-03-04$465.42$460.0022.1%7.5%16.8%28.9%25.7%3.4%-3.6%2.1M-14.0M-75.0K0.6068.451061,665731
2024-03-05$463.61$460.0022.1%7.7%15.7%29.2%26.1%3.0%-2.2%2.0M-13.0M-75.9K0.5069.43211,668734
2024-03-06$463.89$460.0022.1%7.6%15.7%29.1%27.0%3.8%-1.8%2.0M-12.7M-74.5K0.3864.5181311,670734
2024-03-07$466.96$450.0022.6%7.5%15.3%31.2%26.2%4.3%-2.5%2.7M-16.4M-75.1K3.7563.424151,751735
2024-03-08$465.07$450.0019.8%7.4%13.3%19.5%28.2%4.2%-3.1%2.4M-12.9M-67.6K5.0068.423151,753744
2024-03-11$476.50$450.0025.0%7.6%15.5%41.1%26.8%3.4%-3.1%4.1M-23.8M-74.4K0.9272.7760551,754754
2024-03-12$478.42$470.0022.0%7.6%15.3%28.5%26.4%4.5%-3.6%5.0M-25.3M-78.3K0.3871.7073281,789807
2024-03-13$482.02$470.0026.2%7.5%13.4%45.9%26.5%4.3%-1.9%5.4M-30.3M-82.1K0.5074.188484231,834834
2024-03-14$478.22$470.0025.8%7.4%13.6%61.4%24.8%3.6%-1.5%2.2M-20.3M-112.1K0.1075.774041,9091,282
2024-03-15$475.28$470.0025.6%7.3%13.9%60.7%28.4%3.4%-0.2%1.9M-17.4M-110.0K1.5874.9012191,9021,286
2024-03-18$477.77$470.0027.2%7.8%13.2%71.7%28.2%3.4%-1.7%1.1M-10.6M-107.3K2.0971.2222461,167697
2024-03-19$481.87$470.0026.3%7.5%13.3%66.4%27.7%2.4%-1.7%1.3M-13.1M-109.6K2.8169.4521591,187723
2024-03-20$486.28$480.0024.5%7.0%12.8%55.8%25.6%3.0%-2.4%1.5M-14.5M-107.6K1.3678.312793801,193748
2024-03-21$451.87$480.0019.7%5.6%29.9%32.2%19.7%2.1%0.6%-1.1M12.4M-77.4K0.7985.996124831,303904
2024-03-22$447.22$470.0018.1%5.2%29.8%20.8%18.5%1.0%1.8%-570.3K9.8M-75.3K0.7086.8256391,298776
2024-03-25$446.37$470.0018.6%5.3%29.8%24.6%19.4%1.1%1.7%-574.8K9.5M-72.4K0.2885.5654151,321775
2024-03-26$445.16$470.0017.1%4.9%29.8%14.1%19.8%-0.8%1.7%-624.0K9.5M-69.5K0.3889.251661,335777
2024-03-27$447.25$470.0017.8%5.1%29.5%19.3%18.0%1.6%0.6%-387.7K7.8M-74.7K0.3788.7754201,340755
2024-03-28$454.74$470.0017.4%5.0%30.2%16.1%17.9%2.6%0.7%-95.0K3.9M-77.9K1.0484.4826271,357765