FMDE Options History — February 2026

In February 2026, FMDE traded between $36.52 and $38.25. ATM implied volatility averaged 34.0%, placing in the 20.0% IV rank vs the trailing year. The 30-day expected move averaged 8.9%. IV traded above realized volatility by 19.0% (HV 20d: 15.0%). Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 4 of 19 days. Put/call ratio averaged 0.00.

Notable Days

  • 2026-02-24: Highest Volume — 20 contracts
  • 2026-02-11: Largest IV drop — 30.2% change
  • 2026-02-27: Highest IV Rank — 24.1%
  • 2026-02-04: Largest Expected Move — 10.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$37.46$36.52$38.25$37.02$38.00
ATM IV34.0%29.6%42.4%33.9%35.2%
Expected Move8.9%5.7%10.4%9.7%10.1%
HV 20d15.0%11.7%16.7%13.4%16.7%
HV 60d13.4%12.5%14.3%14.1%12.8%
IV Rank20.0%16.2%24.1%16.2%24.1%
IV Percentile47.1%31.7%57.3%31.7%57.3%
Term Structure-3.1%-9.6%15.8%-7.7%-7.9%
Skew 25d6.0%0.7%19.2%1.5%2.6%
Skew 10d20.9%2.0%37.1%2.2%12.7%
Call IV 25d33.3%19.0%46.9%44.2%41.2%
Put IV 25d39.3%32.6%47.6%45.8%43.8%
Bid-Ask Spread %162.03143.66169.50145.87163.80
Gamma HHI0.250.150.700.150.70
Net GEX1.0K4993.4K4993.2K
Net DEX-13.2K-37.9K-6.7K-6.7K-35.7K
Net VEX-79-170-52-52-165
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume1.895020115
Total OI12.632830830

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-02-02$37.02$0.0033.9%9.7%13.4%0.0%0.0%1.5%-7.7%499-6.7K-520.00145.87N/AN/A1080
2026-02-03$36.81$0.0035.0%10.0%12.5%0.0%0.0%0.7%-9.6%559-7.9K-600.00143.66N/AN/A0090
2026-02-04$37.00$0.0036.4%10.4%11.7%0.0%0.0%0.8%-9.3%587-10.6K-700.00144.44N/AN/A0090
2026-02-05$36.52$0.0038.6%8.3%12.2%0.0%0.0%1.9%1.0%549-6.7K-550.00169.50N/AN/A0090
2026-02-06$37.44$0.0038.5%8.2%15.3%0.0%0.0%9.8%-2.0%620-8.5K-610.00166.13N/AN/A0090
2026-02-09$37.72$0.0040.9%7.8%15.4%0.0%0.0%14.8%-0.1%646-9.0K-630.00165.15N/AN/A0090
2026-02-10$37.69$0.0042.4%5.7%15.4%0.0%0.0%1.5%15.8%641-9.0K-630.00166.70N/AN/A0090
2026-02-11$37.50$0.0029.6%8.5%15.5%0.0%0.0%10.5%-3.4%622-8.8K-620.00165.44N/AN/A0090
2026-02-12$37.03$0.0029.8%8.5%16.2%0.0%0.0%0.9%-0.5%574-8.3K-600.00166.74N/AN/A0090
2026-02-13$37.38$0.0030.0%8.6%16.2%0.0%0.0%5.0%0.8%623-11.3K-730.00164.10N/AN/A00100
2026-02-17$37.44$0.0031.5%9.0%16.2%0.0%0.0%8.8%-3.7%700-7.5K-580.00164.78N/AN/A00100
2026-02-18$37.69$0.0030.7%8.8%15.2%0.0%0.0%15.4%4.8%619-10.8K-720.00166.00N/AN/A00100
2026-02-19$37.61$0.0031.2%8.9%14.4%0.0%0.0%19.2%-5.5%671-9.3K-660.00165.56N/AN/A00100
2026-02-20$37.82$0.0030.8%8.8%14.5%16.2%0.0%3.1%-5.7%714-9.2K-670.00165.17N/AN/A00100
2026-02-23$37.17$0.0034.0%9.7%15.6%21.9%0.0%3.2%-6.6%627-8.5K-620.00166.32N/AN/A00100
2026-02-24$37.67$0.0032.0%9.2%16.3%18.3%0.0%10.5%-6.3%698-8.6K-610.00162.77N/AN/A200100
2026-02-25$37.89$0.0032.3%9.3%16.4%18.9%0.0%1.9%-6.9%2.9K-37.1K-1700.00163.68N/AN/A00300
2026-02-26$38.25$0.0033.2%9.5%16.6%20.5%0.0%2.2%-6.7%3.4K-37.9K-1700.00162.75N/AN/A00300
2026-02-27$38.00$0.0035.2%10.1%16.7%24.1%0.0%2.6%-7.9%3.2K-35.7K-1650.00163.80N/AN/A150300