FDS Options History — June 2025

In June 2025, FDS traded between $420.02 and $456.54. ATM implied volatility averaged 22.5%, placing in the 21.0% IV rank vs the trailing year. The 30-day expected move averaged 6.8%. IV traded below realized volatility by 0.2% (HV 20d: 22.7%). Max pain ranged from $420.00 to $460.00. Net GEX was positive for 7 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 0.74.

Notable Days

2025-06-20: Highest Volume — 1,410 contracts
2025-06-04: Largest IV drop — 32.3% change
2025-06-18: Highest IV Rank — 39.3%
2025-06-18: Largest Expected Move — 8.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$431.92	$420.02	$456.54	$456.54	$445.82
Max Pain	$438.50	$420.00	$460.00	$450.00	$420.00
ATM IV	22.5%	16.8%	29.9%	19.8%	17.0%
Expected Move	6.8%	4.8%	8.6%	5.7%	4.9%
HV 20d	22.7%	17.3%	25.6%	17.3%	24.9%
HV 60d	30.9%	29.7%	31.6%	29.7%	31.2%
IV Rank	21.0%	6.9%	39.3%	14.2%	7.2%
IV Percentile	38.9%	1.6%	81.3%	23.0%	2.4%
Term Structure	0.6%	-4.4%	10.9%	3.5%	3.3%
VWIV	23.9%	16.8%	30.1%	24.0%	18.8%
Skew 25d	3.5%	0.5%	8.0%	8.0%	2.4%
Skew 10d	3.3%	-6.8%	13.1%	10.4%	-4.1%
Call IV 25d	22.2%	17.1%	28.5%	18.1%	17.1%
Put IV 25d	25.7%	19.5%	30.5%	26.2%	19.5%
Bid-Ask Spread %	88.98	59.87	97.74	93.65	94.03
Gamma HHI	0.32	0.19	0.46	0.31	0.24
Net GEX	-716.9K	-2.6M	1.4M	1.4M	836.0K
Net DEX	718.0K	-14.3M	9.8M	-4.8M	-14.3M
Net VEX	-25.5K	-39.6K	-14.5K	-34.1K	-24.2K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.74	0.00	3.00	1.00	0.38
Total Volume	227.2	11	1,410	20	58
Total OI	1,740.5	1,382	2,367	1,382	1,464

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
2025-06-02	$456.54	$450.00	19.8%	5.7%	17.3%	14.2%	24.0%	8.0%	3.5%	1.4M	-4.8M	-34.1K	1.00	93.65	10	10	860	522
2025-06-03	$434.30	$450.00	24.9%	7.1%	25.3%	26.8%	26.6%	0.5%	2.4%	-78.8K	2.7M	-29.6K	1.05	95.90	672	703	868	530
2025-06-04	$435.09	$450.00	16.8%	4.8%	25.2%	6.9%	16.8%	1.8%	10.9%	-243.5K	3.2M	-30.5K	3.00	97.74	5	15	1,055	761
2025-06-05	$433.74	$460.00	21.2%	7.8%	23.7%	17.7%	25.3%	4.5%	-2.4%	-554.7K	4.2M	-25.8K	0.67	92.58	9	6	1,056	763
2025-06-06	$432.57	$460.00	21.0%	7.7%	22.4%	17.1%	26.9%	4.1%	-2.2%	-830.8K	4.8M	-22.7K	1.00	85.76	7	7	1,056	762
2025-06-09	$427.08	$460.00	17.9%	7.1%	22.3%	9.4%	25.5%	3.8%	0.2%	-1.6M	7.3M	-21.0K	0.76	77.30	17	13	1,060	766
2025-06-10	$424.43	$450.00	21.5%	7.8%	22.3%	18.5%	25.8%	2.7%	-2.3%	-1.6M	7.9M	-21.3K	1.29	90.83	7	9	1,069	773
2025-06-11	$421.78	$450.00	27.9%	8.0%	22.3%	34.3%	24.3%	5.6%	-4.4%	-2.1M	9.3M	-20.2K	0.83	91.52	12	10	1,070	776
2025-06-12	$423.57	$450.00	24.7%	7.1%	21.5%	26.3%	26.9%	5.7%	-0.3%	-1.9M	8.3M	-20.0K	0.10	95.16	10	1	1,159	777
2025-06-13	$420.43	$440.00	26.2%	7.5%	20.1%	29.9%	28.4%	4.9%	-0.4%	-2.5M	9.2M	-19.0K	1.00	93.59	6	6	1,159	778
2025-06-16	$420.92	$440.00	28.1%	8.1%	19.4%	34.8%	0.0%	4.3%	-3.7%	-2.1M	9.8M	-17.6K	0.00	90.19	11	0	1,166	782
2025-06-17	$424.60	$440.00	26.8%	7.7%	20.1%	31.4%	25.3%	1.8%	-0.5%	-2.0M	7.3M	-15.5K	0.69	84.55	70	48	1,171	773
2025-06-18	$425.26	$430.00	29.9%	8.6%	20.2%	39.3%	27.8%	1.0%	-3.5%	-1.9M	5.7M	-17.4K	0.02	90.24	750	12	1,229	791
2025-06-20	$420.02	$420.00	29.5%	8.5%	20.2%	38.3%	30.1%	2.0%	-1.9%	-2.6M	8.8M	-14.5K	0.70	59.87	827	583	1,575	792
2025-06-23	$436.52	$420.00	20.8%	6.0%	25.5%	16.7%	21.5%	2.9%	3.2%	664.8K	-10.4M	-39.6K	0.39	86.44	315	123	846	688
2025-06-24	$437.57	$420.00	17.5%	5.0%	25.5%	8.5%	21.0%	2.7%	5.0%	634.1K	-10.2M	-37.5K	0.57	86.41	54	31	778	709
2025-06-25	$437.21	$420.00	18.0%	5.2%	25.5%	9.7%	18.8%	2.4%	4.1%	781.3K	-11.6M	-31.2K	0.19	90.70	52	10	775	709
2025-06-26	$438.17	$420.00	18.7%	5.4%	25.5%	11.5%	20.7%	5.5%	2.7%	624.3K	-10.6M	-36.3K	1.07	93.43	15	16	768	707
2025-06-27	$442.74	$420.00	22.7%	6.5%	25.6%	21.3%	20.1%	3.4%	-2.2%	729.5K	-12.1M	-31.8K	0.17	89.67	29	5	764	703
2025-06-30	$445.82	$420.00	17.0%	4.9%	24.9%	7.2%	18.8%	2.4%	3.3%	836.0K	-14.3M	-24.2K	0.38	94.03	42	16	763	701