FDS Options History — April 2026

In April 2026, FDS traded between $211.22 and $242.95. ATM implied volatility averaged 44.4%, placing in the 52.4% IV rank vs the trailing year. The 30-day expected move averaged 12.7%. IV traded below realized volatility by 4.3% (HV 20d: 48.7%). Max pain ranged from $200.00 to $210.00. Net GEX was positive for 14 of 14 trading days. Term structure was in contango for 13 of 14 days. Put/call ratio averaged 0.68.

Notable Days

2026-04-01: Highest Volume — 2,756 contracts
2026-04-02: Largest IV drop — 8.9% change
2026-04-10: Highest IV Rank — 57.7%
2026-04-10: Largest Expected Move — 13.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$228.05	$211.22	$242.95	$224.85	$242.95
Max Pain	$209.29	$200.00	$210.00	$200.00	$210.00
ATM IV	44.4%	41.1%	47.6%	46.3%	44.8%
Expected Move	12.7%	11.8%	13.6%	13.3%	12.8%
HV 20d	48.7%	42.3%	51.9%	42.4%	51.8%
HV 60d	54.2%	52.0%	55.8%	52.1%	55.2%
IV Rank	52.4%	46.9%	57.7%	55.5%	53.0%
IV Percentile	74.3%	69.0%	77.8%	76.6%	74.6%
Term Structure	1.1%	-1.2%	2.6%	1.6%	0.3%
VWIV	46.9%	40.0%	52.2%	52.2%	46.2%
Skew 25d	6.3%	4.8%	9.1%	4.8%	5.5%
Skew 10d	12.9%	3.9%	30.5%	10.8%	12.6%
Call IV 25d	43.2%	39.6%	45.6%	43.8%	43.3%
Put IV 25d	49.5%	46.3%	53.4%	48.6%	48.8%
Bid-Ask Spread %	37.50	29.73	44.30	42.24	31.95
Gamma HHI	0.23	0.10	0.58	0.18	0.10
Net GEX	2.2M	550.2K	3.5M	2.6M	720.3K
Net DEX	-39.6M	-66.2M	-9.8M	-52.2M	-22.1M
Net VEX	-199.3K	-222.9K	-178.6K	-203.2K	-208.5K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.68	0.07	1.76	0.79	0.66
Total Volume	795.286	118	2,756	2,756	118
Total OI	11,029	7,888	12,774	10,112	8,439

Daily Data (14 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
2026-04-01	$224.85	$200.00	46.3%	13.3%	42.4%	55.5%	52.2%	4.8%	1.6%	2.6M	-52.2M	-203.2K	0.79	42.24	1,540	1,216	6,270	3,842
2026-04-02	$226.61	$210.00	42.2%	12.1%	42.3%	48.7%	46.3%	5.5%	2.2%	2.3M	-51.6M	-206.2K	0.47	44.30	218	102	6,430	4,792
2026-04-06	$231.75	$210.00	44.6%	12.8%	42.8%	52.7%	48.3%	6.8%	1.9%	2.6M	-62.8M	-190.7K	0.39	37.68	400	157	6,488	4,834
2026-04-08	$221.46	$210.00	44.6%	12.8%	45.7%	52.7%	44.5%	6.4%	2.6%	2.4M	-34.0M	-222.9K	1.76	40.12	183	323	6,806	4,955
2026-04-09	$212.54	$210.00	46.9%	13.4%	47.8%	56.5%	48.7%	7.7%	0.1%	1.9M	-13.5M	-210.3K	0.76	35.77	360	274	6,838	4,973
2026-04-10	$211.22	$210.00	47.6%	13.6%	47.7%	57.7%	47.2%	9.1%	-1.2%	1.8M	-9.8M	-202.4K	1.07	36.93	129	138	6,869	5,075
2026-04-13	$225.97	$210.00	43.4%	12.4%	51.9%	50.7%	47.8%	6.5%	2.1%	2.8M	-46.6M	-194.8K	0.85	40.79	280	239	6,909	5,130
2026-04-14	$222.92	$210.00	44.4%	12.7%	50.6%	52.4%	49.7%	6.0%	1.3%	2.9M	-38.8M	-193.8K	1.26	41.37	187	236	6,982	5,227
2026-04-15	$231.84	$210.00	44.8%	12.8%	51.6%	53.0%	52.2%	5.3%	0.1%	2.7M	-61.7M	-190.1K	0.40	32.10	663	263	7,014	5,279
2026-04-16	$231.29	$210.00	45.0%	12.9%	51.7%	53.4%	45.1%	5.4%	1.2%	3.0M	-61.8M	-183.4K	0.44	29.73	244	107	7,200	5,381
2026-04-17	$232.21	$210.00	41.1%	11.8%	51.6%	46.9%	40.0%	6.7%	0.1%	3.5M	-66.2M	-178.6K	0.07	44.24	1,954	139	7,345	5,429
2026-04-20	$236.35	$210.00	41.6%	11.9%	51.7%	47.7%	43.6%	7.5%	1.6%	550.2K	-13.1M	-198.7K	0.43	34.31	166	71	3,989	3,899
2026-04-21	$240.69	$210.00	44.6%	12.8%	51.8%	52.7%	44.6%	5.0%	0.8%	620.4K	-20.3M	-206.1K	0.10	33.50	1,303	124	4,054	3,957
2026-04-22	$242.95	$210.00	44.8%	12.8%	51.8%	53.0%	46.2%	5.5%	0.3%	720.3K	-22.1M	-208.5K	0.66	31.95	71	47	4,486	3,953