FDS Options History — July 2024

In July 2024, FDS traded between $403.23 and $443.08. ATM implied volatility averaged 20.0%, placing in the 20.6% IV rank vs the trailing year. The 30-day expected move averaged 5.7%. IV traded below realized volatility by 3.1% (HV 20d: 23.0%). Max pain ranged from $410.00 to $420.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 18 of 22 days. Put/call ratio averaged 2.07.

Notable Days

  • 2024-07-22: Highest Volume — 239 contracts
  • 2024-07-26: Largest IV drop — 15.1% change
  • 2024-07-30: Highest IV Rank — 37.4%
  • 2024-07-30: Largest Expected Move — 6.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$419.96$403.23$443.08$411.84$413.09
Max Pain$413.18$410.00$420.00$410.00$420.00
ATM IV20.0%16.4%23.9%18.9%21.5%
Expected Move5.7%4.7%6.9%5.4%6.2%
HV 20d23.0%18.1%28.7%19.9%27.5%
HV 60d20.8%19.6%22.6%19.8%22.2%
IV Rank20.6%5.6%37.4%15.9%27.1%
IV Percentile46.8%3.2%87.7%29.0%71.0%
Term Structure0.9%-1.3%3.4%0.1%0.9%
VWIV20.7%17.2%25.7%19.1%21.5%
Skew 25d2.3%-0.5%8.2%1.8%1.5%
Skew 10d3.8%-1.6%9.7%3.0%1.6%
Call IV 25d19.0%16.2%22.8%18.2%21.7%
Put IV 25d21.3%18.1%26.7%20.0%23.1%
Bid-Ask Spread %85.8880.5992.8691.2192.86
Gamma HHI0.230.170.400.210.19
Net GEX957.6K24.5K3.5M203.8K528.7K
Net DEX-13.0M-42.0M1.3M-3.8M-2.1M
Net VEX-91.9K-116.5K-71.4K-116.5K-73.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.070.135.752.153.00
Total Volume56.1824239414
Total OI2,478.1821,4392,9962,9381,719

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-07-01$411.84$410.0018.9%5.4%19.9%15.9%19.1%1.8%0.1%203.8K-3.8M-116.5K2.1591.2113281,7631,175
2024-07-02$415.44$410.0017.7%5.1%18.1%11.0%18.4%2.5%-0.2%436.8K-9.0M-116.1K3.1189.969281,7631,190
2024-07-03$419.36$410.0016.4%4.7%18.1%5.6%18.3%2.2%2.0%906.8K-14.3M-113.4K3.7591.358301,7671,197
2024-07-05$423.14$410.0017.4%5.1%18.1%9.7%18.6%1.0%2.7%1.1M-18.2M-110.9K4.5080.5912541,7701,206
2024-07-08$415.75$410.0018.0%5.2%18.9%12.2%18.7%2.2%1.5%416.1K-9.1M-104.1K5.7582.3016921,7651,231
2024-07-09$410.65$410.0020.7%5.7%19.4%23.6%20.8%1.3%0.1%24.5K-1.9M-101.0K3.7082.9023851,7681,169
2024-07-10$415.24$410.0018.9%5.4%19.7%16.3%18.9%1.7%1.4%543.9K-9.3M-100.8K5.3382.873161,7711,185
2024-07-11$418.27$410.0020.8%6.0%19.8%24.4%20.1%2.4%-1.3%710.7K-12.0M-96.9K0.4587.101151,7721,182
2024-07-12$425.39$410.0019.1%5.5%20.5%17.0%0.0%3.2%0.7%1.3M-21.7M-95.3K0.4682.9324111,7751,181
2024-07-15$428.41$410.0017.5%5.0%20.2%10.0%17.2%2.4%1.5%1.5M-24.3M-89.0K0.1581.714061,7671,183
2024-07-16$442.77$410.0018.5%5.3%22.6%14.4%17.9%1.3%1.0%3.2M-40.4M-92.1K0.6787.3243291,7691,182
2024-07-17$443.08$410.0019.6%5.6%22.6%19.1%18.6%1.2%-0.1%3.5M-42.0M-90.7K0.1388.44111141,7881,137
2024-07-18$432.64$410.0019.6%5.6%24.7%19.1%21.7%1.9%0.6%1.3M-29.2M-88.5K0.6584.4623151,7611,135
2024-07-19$422.26$410.0020.4%5.8%26.4%22.4%20.1%3.3%0.2%854.2K-18.0M-77.6K0.2984.9448141,7571,136
2024-07-22$426.00$410.0020.9%6.0%24.5%24.5%21.1%1.9%0.5%1.1M-11.4M-83.7K1.1984.071091301,136303
2024-07-23$417.54$420.0022.5%6.4%25.3%31.3%24.1%3.2%0.8%753.8K-5.7M-79.9K1.5787.0923361,209429
2024-07-24$403.23$420.0022.9%6.6%27.5%33.2%25.4%3.9%0.1%372.5K1.3M-71.4K1.4281.8112171,208459
2024-07-25$411.46$420.0023.1%6.6%28.4%34.1%25.7%8.2%-0.2%603.0K-3.6M-82.2K4.6487.8111511,217467
2024-07-26$415.94$420.0019.6%5.6%28.7%19.3%22.3%-0.5%3.2%658.9K-5.6M-82.5K1.0088.07331,223482
2024-07-29$412.86$420.0021.3%6.1%27.9%26.2%22.2%1.6%3.4%533.6K-3.1M-78.8K1.5785.857111,224484
2024-07-30$414.74$420.0023.9%6.9%27.6%37.4%23.3%2.2%0.5%574.7K-3.5M-77.2K0.1483.68711,227488
2024-07-31$413.09$420.0021.5%6.2%27.5%27.1%21.5%1.5%0.9%528.7K-2.1M-73.0K3.0092.86131,230489