FMDE Options History — November 2025

In November 2025, FMDE traded between $34.42 and $36.37. ATM implied volatility averaged 44.7%. The 30-day expected move averaged 12.0%. IV traded above realized volatility by 28.1% (HV 20d: 16.7%). Max pain ranged from $36.00 to $40.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 0 of 19 days. Put/call ratio averaged 0.07.

Notable Days

  • 2025-11-21: Highest Volume — 6 contracts
  • 2025-11-24: Largest IV spike — 18.6% change
  • 2025-11-24: Largest Expected Move — 16.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$35.62$34.42$36.37$35.89$36.37
Max Pain$39.50$36.00$40.00$40.00$36.00
ATM IV44.7%33.8%56.1%33.8%54.1%
Expected Move12.0%7.5%16.1%9.7%15.5%
HV 20d16.7%15.1%19.2%15.5%19.0%
HV 60d13.7%12.6%15.1%12.7%15.0%
Term Structure-8.1%-10.7%-5.6%-8.7%-8.9%
VWIV82.0%82.0%82.0%82.0%82.0%
Skew 25d26.0%-7.4%57.1%1.5%-7.4%
Skew 10d41.4%2.9%79.8%2.9%51.8%
Call IV 25d39.2%30.5%47.4%43.6%36.7%
Put IV 25d65.2%29.3%102.2%45.1%29.3%
Bid-Ask Spread %169.88144.29179.71144.29170.89
Gamma HHI0.920.551.001.000.55
Net GEX1.5K1.2K2.0K1.7K1.5K
Net DEX-13.9K-25.8K-6.1K-10.9K-6.1K
Net VEX-64-99-49-62-62
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.070.000.200.000.00
Total Volume0.4740600
Total OI20.47419261926

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-11-03$35.89$0.0033.8%9.7%15.5%0.0%0.0%1.5%-8.7%1.7K-10.9K-620.00144.29N/AN/A00190
2025-11-04$35.82$0.0036.4%10.4%15.3%0.0%0.0%2.3%-9.6%1.6K-11.6K-610.00146.99N/AN/A00190
2025-11-05$36.13$0.0035.7%10.2%15.6%0.0%0.0%4.4%-8.5%1.7K-8.2K-490.00145.32N/AN/A00190
2025-11-06$35.35$40.0039.0%7.9%17.2%0.0%0.0%1.8%-7.5%1.4K-9.4K-530.00168.54N/AN/A00190
2025-11-07$35.72$40.0038.3%7.5%15.3%0.0%0.0%2.9%-6.3%1.6K-10.1K-530.00164.70N/AN/A00190
2025-11-10$36.05$40.0041.6%7.6%15.4%0.0%0.0%2.1%-7.2%1.7K-11.1K-570.00165.07N/AN/A00190
2025-11-11$36.14$40.0044.0%7.6%15.1%0.0%0.0%1.2%-6.6%1.8K-12.0K-560.00167.63N/AN/A00190
2025-11-12$36.32$40.0042.3%12.1%15.2%0.0%0.0%37.9%-7.4%1.6K-19.4K-760.00179.23N/AN/A00190
2025-11-13$35.63$40.0041.6%11.9%16.0%0.0%0.0%37.8%-8.6%1.5K-16.5K-690.00179.19N/AN/A00190
2025-11-14$35.56$40.0041.7%11.9%15.9%0.0%0.0%38.3%-8.6%1.4K-16.1K-630.00179.14N/AN/A00190
2025-11-17$34.87$40.0045.9%13.2%16.7%0.0%0.0%41.0%-10.2%1.3K-13.3K-550.00179.71N/AN/A00190
2025-11-18$35.01$40.0046.6%13.4%16.5%0.0%0.0%41.5%-10.2%1.3K-13.9K-540.00178.42N/AN/A10190
2025-11-19$35.00$40.0047.4%13.6%16.2%0.0%0.0%45.4%-10.7%1.3K-14.0K-580.00179.09N/AN/A00200
2025-11-20$34.42$40.0051.8%14.9%16.7%0.0%0.0%43.7%-7.2%1.2K-12.0K-510.00178.46N/AN/A00200
2025-11-21$35.08$40.0047.3%13.6%18.1%0.0%0.0%43.6%-5.6%1.4K-14.2K-560.20178.59N/AN/A51200
2025-11-24$35.28$40.0056.1%16.1%18.2%0.0%0.0%53.2%-7.5%1.4K-23.2K-890.00175.68N/AN/A10240
2025-11-25$35.91$40.0055.3%15.8%19.2%0.0%82.0%57.1%-6.4%1.5K-25.8K-990.00177.03N/AN/A01250
2025-11-26$36.30$36.0050.9%14.6%19.1%0.0%0.0%46.1%-7.4%2.0K-15.3K-930.00169.64N/AN/A00251
2025-11-28$36.37$36.0054.1%15.5%19.0%0.0%0.0%-7.4%-8.9%1.5K-6.1K-620.00170.89N/AN/A00251