FDS Options History — May 2024

In May 2024, FDS traded between $402.92 and $451.85. ATM implied volatility averaged 21.7%, placing in the 43.8% IV rank vs the trailing year. The 30-day expected move averaged 6.2%. IV traded above realized volatility by 3.7% (HV 20d: 18.0%). Max pain ranged from $440.00 to $450.00. Net GEX was positive for 11 of 22 trading days. Term structure was in contango for 16 of 22 days. Put/call ratio averaged 1.57.

Notable Days

  • 2024-05-16: Highest Volume — 728 contracts
  • 2024-05-13: Largest IV spike — 57.5% change
  • 2024-05-29: Highest IV Rank — 100.0%
  • 2024-05-31: Largest Expected Move — 9.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$434.18$402.92$451.85$420.05$402.92
Max Pain$448.64$440.00$450.00$440.00$450.00
ATM IV21.7%15.2%33.9%20.9%33.9%
Expected Move6.2%5.1%9.7%6.0%9.7%
HV 20d18.0%11.0%21.3%19.8%20.1%
HV 60d22.8%22.4%24.0%22.8%24.0%
IV Rank43.8%0.4%100.0%41.2%100.0%
IV Percentile49.7%0.4%100.0%61.5%100.0%
Term Structure0.6%-7.7%3.5%-0.1%-6.6%
VWIV21.7%18.3%33.1%20.1%31.9%
Skew 25d3.4%1.1%6.2%2.0%5.8%
Skew 10d6.8%3.1%12.4%8.5%7.7%
Call IV 25d19.8%16.7%28.5%20.3%28.5%
Put IV 25d23.2%18.5%34.3%22.3%34.3%
Bid-Ask Spread %89.7184.0896.1490.3686.13
Gamma HHI0.240.120.420.250.14
Net GEX272.0K-737.4K2.0M-737.4K-176.2K
Net DEX-122.2K-13.3M10.6M6.8M10.6M
Net VEX-48.7K-73.1K-35.5K-43.5K-37.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.570.117.500.221.89
Total Volume66.09147282226
Total OI1,706.1361,4662,2481,4731,997

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-05-01$420.05$440.0020.9%6.0%19.8%41.2%20.1%2.0%-0.1%-737.4K6.8M-43.5K0.2290.36184904569
2024-05-02$422.45$440.0020.1%5.8%19.9%35.3%20.2%2.2%-0.2%-701.3K6.1M-43.0K0.4487.8694916568
2024-05-03$430.89$440.0017.7%5.1%21.3%18.1%19.5%1.1%3.5%-447.6K2.9M-43.5K2.1892.581737921567
2024-05-06$435.08$450.0018.7%5.7%20.5%25.7%19.7%3.8%2.8%-277.1K1.5M-43.7K0.6285.88138917549
2024-05-07$436.37$450.0018.7%5.4%20.5%25.5%0.0%2.4%2.5%-215.6K714.3K-41.7K0.4584.08115923549
2024-05-08$432.56$450.0018.0%5.7%19.4%20.3%18.9%3.8%1.8%-473.2K2.8M-40.6K1.1789.711214928559
2024-05-09$434.46$450.0021.5%5.7%19.4%45.3%20.8%3.7%1.6%-446.3K2.4M-40.5K0.0089.22019933570
2024-05-10$439.49$450.0015.2%5.3%19.7%0.4%19.3%2.9%2.3%-150.9K-295.7K-39.4K3.0089.16412933575
2024-05-13$440.05$450.0023.9%5.3%19.2%62.1%19.0%2.4%3.1%-163.4K-541.0K-37.7K0.1189.36182936574
2024-05-14$441.81$450.0018.3%5.5%18.9%22.5%18.5%2.8%2.2%59.1K-1.6M-36.0K3.0088.9313942576
2024-05-15$444.64$450.0018.6%5.3%19.0%24.7%19.0%2.2%3.2%173.5K-3.3M-35.5K1.1490.033641938577
2024-05-16$446.49$450.0019.4%5.6%19.0%30.1%18.3%1.8%2.1%251.2K-4.2M-36.3K0.1690.84628100942589
2024-05-17$448.27$450.0019.5%5.6%18.8%31.0%18.9%2.6%2.0%2.0M-13.3M-72.0K0.3290.18121391,560688
2024-05-20$451.85$450.0019.5%5.6%18.6%31.1%18.6%2.8%2.3%1.9M-11.6M-73.1K0.5394.451791,413431
2024-05-21$449.97$450.0019.6%5.6%11.0%31.9%19.4%3.1%2.4%1.7M-10.5M-70.4K2.2990.927161,420436
2024-05-22$446.65$450.0019.9%5.7%11.7%34.1%21.3%3.8%2.0%1.6M-8.2M-70.5K7.5093.572151,447449
2024-05-23$439.05$450.0022.6%6.5%13.1%52.8%22.5%4.4%2.0%942.0K-1.6M-63.6K0.4896.1425121,446476
2024-05-24$435.25$450.0020.1%5.8%13.6%35.6%20.4%5.9%2.1%761.1K-905.0K-63.2K3.5094.146211,458483
2024-05-28$427.25$450.0028.6%8.2%15.4%95.4%27.4%4.3%-3.8%391.6K3.5M-54.2K1.3388.39681,459489
2024-05-29$420.21$450.0030.9%8.9%16.2%100.0%27.8%6.2%-7.7%163.8K5.8M-48.5K0.1985.6659111,460494
2024-05-30$406.19$450.0030.9%8.9%20.2%99.6%33.1%4.7%-6.1%-190.5K10.3M-36.8K2.4585.9411271,469505
2024-05-31$402.92$450.0033.9%9.7%20.1%100.0%31.9%5.8%-6.6%-176.2K10.6M-37.1K1.8986.139171,468529