FDS Options History — September 2024

In September 2024, FDS traded between $423.28 and $468.57. ATM implied volatility averaged 25.6%, placing in the 46.1% IV rank vs the trailing year. The 30-day expected move averaged 6.8%. IV traded above realized volatility by 8.3% (HV 20d: 17.3%). Max pain ranged from $410.00 to $430.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 7 of 20 days. Put/call ratio averaged 3.44.

Notable Days

2024-09-20: Highest Volume — 2,217 contracts
2024-09-19: Largest IV drop — 49.3% change
2024-09-10: Highest IV Rank — 99.5%
2024-09-04: Largest Expected Move — 9.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$446.89	$423.28	$468.57	$426.39	$459.35
Max Pain	$426.50	$410.00	$430.00	$410.00	$430.00
ATM IV	25.6%	14.1%	38.5%	31.5%	19.6%
Expected Move	6.8%	4.0%	9.5%	9.0%	5.6%
HV 20d	17.3%	12.9%	22.8%	13.0%	22.7%
HV 60d	21.9%	20.9%	22.8%	20.9%	22.5%
IV Rank	46.1%	0.0%	99.5%	69.7%	22.5%
IV Percentile	61.7%	0.0%	99.6%	96.4%	39.3%
Term Structure	-0.6%	-7.6%	4.8%	-6.5%	1.6%
VWIV	24.1%	16.0%	32.3%	30.8%	20.4%
Skew 25d	2.0%	-2.6%	5.8%	3.1%	5.8%
Skew 10d	3.0%	-6.1%	11.1%	2.7%	3.6%
Call IV 25d	23.2%	14.9%	31.8%	29.7%	14.9%
Put IV 25d	25.2%	16.4%	33.4%	32.8%	20.7%
Bid-Ask Spread %	79.61	66.02	93.16	84.62	93.16
Gamma HHI	0.30	0.19	0.42	0.33	0.29
Net GEX	2.9M	1.6M	5.3M	2.6M	2.2M
Net DEX	-40.4M	-97.8M	-22.1M	-26.6M	-24.4M
Net VEX	-101.3K	-114.5K	-82.1K	-104.7K	-106.7K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	3.44	0.01	37.00	1.36	1.11
Total Volume	426	5	2,217	85	19
Total OI	3,968.65	2,949	5,896	2,949	3,941

Daily Data (20 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2024-09-03	$426.39	$410.00	31.5%	9.0%	13.0%	69.7%	30.8%	3.1%	-6.5%	2.6M	-26.6M	-104.7K	1.36	84.62	36	49	1,946	1,003
2024-09-04	$429.82	$410.00	33.0%	9.5%	13.0%	76.0%	32.3%	1.7%	-7.6%	2.8M	-29.8M	-101.7K	3.60	87.82	15	54	1,973	1,025
2024-09-05	$427.62	$420.00	32.0%	7.3%	12.9%	71.8%	25.8%	3.3%	-1.3%	2.6M	-26.5M	-106.8K	2.23	71.12	13	29	1,982	1,047
2024-09-06	$423.28	$420.00	38.2%	7.7%	13.6%	98.3%	26.4%	2.6%	-1.2%	2.4M	-22.6M	-101.1K	0.50	66.91	16	8	1,988	1,071
2024-09-09	$427.75	$420.00	37.6%	7.8%	13.7%	95.5%	27.0%	3.5%	-2.1%	2.9M	-27.7M	-94.7K	1.50	68.86	20	30	2,002	1,075
2024-09-10	$439.16	$430.00	38.5%	7.9%	14.2%	99.5%	27.1%	4.1%	-1.5%	2.9M	-38.3M	-97.4K	3.67	70.42	9	33	2,008	1,102
2024-09-11	$436.52	$430.00	27.3%	7.8%	14.3%	51.9%	28.1%	2.3%	-2.5%	2.9M	-34.3M	-97.1K	37.00	69.35	29	1,073	2,007	1,123
2024-09-12	$438.99	$430.00	25.9%	7.4%	14.3%	46.1%	26.2%	1.9%	-1.8%	3.1M	-36.8M	-94.3K	0.01	73.16	957	6	2,025	2,187
2024-09-13	$445.12	$430.00	26.4%	7.6%	14.5%	47.8%	26.0%	3.3%	-2.2%	3.6M	-47.3M	-102.5K	0.59	70.45	96	57	2,214	2,201
2024-09-16	$452.39	$430.00	26.9%	7.7%	15.0%	50.0%	28.6%	0.7%	-1.2%	3.3M	-55.9M	-93.3K	0.27	68.21	224	60	2,260	2,239
2024-09-17	$448.88	$430.00	29.1%	8.4%	15.5%	59.6%	28.8%	2.3%	-2.9%	3.7M	-54.1M	-97.0K	0.35	66.02	370	130	2,433	2,283
2024-09-18	$447.53	$430.00	27.8%	8.0%	15.7%	53.7%	28.4%	2.2%	-2.1%	3.9M	-53.2M	-103.3K	0.22	80.91	1,759	390	2,650	2,384
2024-09-19	$468.57	$430.00	14.1%	4.0%	21.6%	0.0%	16.0%	-2.6%	4.8%	5.3M	-97.8M	-82.1K	0.72	91.70	343	248	3,151	2,745
2024-09-20	$467.05	$430.00	19.0%	5.5%	21.0%	20.2%	20.2%	0.3%	-0.3%	2.1M	-96.6M	-84.5K	0.54	87.52	1,437	780	3,095	2,710
2024-09-23	$467.07	$430.00	15.2%	4.3%	20.9%	4.4%	16.3%	-0.5%	3.5%	3.5M	-35.5M	-109.9K	0.47	87.49	51	24	1,776	2,072
2024-09-24	$461.73	$430.00	18.4%	5.3%	21.8%	17.7%	19.6%	-0.1%	2.4%	2.6M	-30.0M	-114.5K	2.00	88.06	18	36	1,783	2,091
2024-09-25	$455.96	$430.00	17.2%	4.9%	22.7%	12.9%	18.0%	3.3%	1.8%	1.8M	-22.1M	-113.5K	9.00	88.98	6	54	1,796	2,115
2024-09-26	$455.46	$430.00	17.0%	4.9%	22.8%	12.0%	19.4%	1.3%	3.1%	1.6M	-22.7M	-114.2K	0.67	88.49	3	2	1,796	2,139
2024-09-27	$459.16	$430.00	17.0%	4.9%	22.6%	11.8%	17.3%	0.4%	3.4%	2.1M	-25.6M	-106.9K	3.00	89.03	9	27	1,796	2,139
2024-09-30	$459.35	$430.00	19.6%	5.6%	22.7%	22.5%	20.4%	5.8%	1.6%	2.2M	-24.4M	-106.7K	1.11	93.16	9	10	1,802	2,139