FDS Options History — November 2024

In November 2024, FDS traded between $458.26 and $495.30. ATM implied volatility averaged 27.7%, placing in the 52.1% IV rank vs the trailing year. The 30-day expected move averaged 7.5%. IV traded above realized volatility by 10.5% (HV 20d: 17.2%). Max pain ranged from $450.00 to $460.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 0 of 20 days. Put/call ratio averaged 0.78.

Notable Days

2024-11-21: Highest Volume — 2,719 contracts
2024-11-13: Largest IV drop — 41.3% change
2024-11-12: Highest IV Rank — 100.0%
2024-11-27: Largest Expected Move — 8.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$481.89	$458.26	$495.30	$458.26	$493.50
Max Pain	$454.00	$450.00	$460.00	$450.00	$460.00
ATM IV	27.7%	23.0%	41.2%	26.4%	27.0%
Expected Move	7.5%	6.9%	8.2%	7.6%	7.7%
HV 20d	17.2%	13.4%	19.8%	14.6%	18.3%
HV 60d	17.9%	16.7%	18.9%	17.0%	18.6%
IV Rank	52.1%	36.4%	100.0%	50.1%	47.5%
IV Percentile	85.1%	72.2%	100.0%	86.1%	85.3%
Term Structure	-2.7%	-4.7%	-0.5%	-1.4%	-3.1%
VWIV	26.8%	24.7%	28.9%	28.6%	24.7%
Skew 25d	2.2%	-2.7%	5.9%	3.3%	-1.2%
Skew 10d	4.7%	-8.8%	13.7%	1.5%	13.7%
Call IV 25d	25.4%	20.6%	29.5%	27.4%	26.2%
Put IV 25d	27.7%	25.0%	31.0%	30.7%	25.0%
Bid-Ask Spread %	87.13	76.50	94.57	89.89	93.69
Gamma HHI	0.31	0.21	0.71	0.21	0.23
Net GEX	4.4M	1.3M	11.6M	2.7M	3.8M
Net DEX	-33.8M	-81.0M	-11.4M	-15.9M	-30.0M
Net VEX	-96.2K	-135.8K	-54.8K	-99.1K	-123.1K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.78	0.00	3.33	0.41	0.14
Total Volume	367.4	8	2,719	52	8
Total OI	4,066.4	3,341	4,588	4,270	4,182

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
2024-11-01	$458.26	$450.00	26.4%	7.6%	14.6%	50.1%	28.6%	3.3%	-1.4%	2.7M	-15.9M	-99.1K	0.41	89.89	37	15	2,000	2,270
2024-11-04	$460.29	$450.00	29.3%	8.1%	13.4%	62.0%	27.0%	5.2%	-4.7%	3.0M	-19.2M	-94.7K	0.40	77.15	10	4	2,013	2,277
2024-11-05	$466.99	$450.00	29.5%	7.9%	13.7%	63.0%	27.5%	4.2%	-3.3%	4.2M	-29.0M	-92.2K	1.57	76.50	95	149	2,019	2,276
2024-11-06	$478.52	$450.00	28.8%	7.1%	15.9%	60.0%	25.9%	5.6%	-2.1%	5.1M	-40.5M	-87.8K	0.83	84.11	6	5	1,887	2,193
2024-11-07	$474.10	$450.00	23.0%	7.2%	16.4%	36.4%	26.6%	5.9%	-2.9%	6.0M	-36.9M	-81.4K	0.29	94.57	14	4	1,888	2,193
2024-11-08	$478.45	$450.00	30.1%	7.4%	16.5%	65.1%	24.8%	4.0%	-3.8%	5.4M	-42.6M	-81.7K	1.09	87.34	57	62	1,889	2,196
2024-11-11	$483.40	$450.00	32.9%	7.6%	16.4%	76.8%	25.2%	5.2%	-4.4%	5.5M	-47.0M	-76.6K	0.00	89.34	514	1	1,922	2,239
2024-11-12	$486.30	$450.00	41.2%	7.1%	15.9%	100.0%	28.9%	2.1%	-2.3%	6.2M	-49.9M	-71.7K	0.05	88.63	467	23	1,970	2,239
2024-11-13	$491.67	$450.00	24.2%	6.9%	16.0%	37.3%	25.0%	-0.5%	-2.6%	6.8M	-61.4M	-69.1K	0.07	87.09	493	34	2,117	2,251
2024-11-14	$495.30	$450.00	24.6%	7.0%	15.9%	38.7%	25.6%	0.1%	-1.9%	8.2M	-81.0M	-61.6K	0.10	91.65	71	7	2,286	2,272
2024-11-15	$483.87	$450.00	25.1%	7.2%	18.4%	40.4%	26.7%	-2.7%	-1.4%	11.6M	-42.9M	-54.8K	0.48	86.42	1,546	740	2,309	2,279
2024-11-18	$486.06	$450.00	25.3%	7.3%	18.2%	41.5%	27.0%	1.6%	-0.5%	2.2M	-19.6M	-104.1K	1.74	85.85	23	40	1,422	1,919
2024-11-19	$480.75	$460.00	25.9%	7.4%	18.6%	43.5%	27.7%	2.9%	-4.0%	1.9M	-16.1M	-102.1K	3.33	83.90	3	10	1,443	1,957
2024-11-20	$474.45	$460.00	28.1%	8.1%	19.2%	51.6%	27.4%	2.5%	-3.5%	1.3M	-11.4M	-102.2K	0.76	90.08	17	13	1,446	1,967
2024-11-21	$485.46	$460.00	26.9%	7.7%	19.8%	47.2%	28.3%	0.3%	-2.5%	1.9M	-18.6M	-104.6K	0.98	84.62	1,374	1,345	1,458	1,980
2024-11-22	$487.51	$460.00	26.9%	7.7%	19.5%	47.3%	27.3%	0.9%	-2.1%	2.6M	-25.4M	-135.8K	0.24	85.55	29	7	1,802	2,307
2024-11-25	$490.38	$460.00	24.5%	7.0%	19.3%	38.4%	26.5%	1.1%	-0.6%	2.9M	-29.1M	-127.6K	0.32	91.56	37	12	1,821	2,310
2024-11-26	$492.22	$460.00	25.4%	7.3%	19.3%	41.9%	26.1%	5.3%	-1.8%	3.4M	-32.0M	-123.9K	2.17	91.91	18	39	1,840	2,317
2024-11-27	$490.41	$460.00	28.7%	8.2%	18.3%	53.9%	28.8%	-1.0%	-4.5%	3.1M	-28.1M	-129.6K	0.58	82.76	12	7	1,845	2,327
2024-11-29	$493.50	$460.00	27.0%	7.7%	18.3%	47.5%	24.7%	-1.2%	-3.1%	3.8M	-30.0M	-123.1K	0.14	93.69	7	1	1,854	2,328