FN Options History — May 2019

In May 2019, FN traded between $42.51 and $62.11. ATM implied volatility averaged 43.8%, placing in the 37.1% IV rank vs the trailing year. The 30-day expected move averaged 11.9%. IV traded above realized volatility by 6.3% (HV 20d: 37.5%). Max pain ranged from $50.00 to $60.00. Net GEX was positive for 4 of 22 trading days. Term structure was in contango for 1 of 22 days. Put/call ratio averaged 1.52.

Notable Days

  • 2019-05-07: Highest Volume — 1,017 contracts
  • 2019-05-13: Largest IV spike — 52.5% change
  • 2019-05-06: Highest IV Rank — 81.3%
  • 2019-05-03: Largest Expected Move — 17.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$52.39$42.51$62.11$60.00$42.51
Max Pain$54.09$50.00$60.00$60.00$50.00
ATM IV43.8%33.2%67.1%59.1%41.9%
Expected Move11.9%9.7%17.8%16.9%12.0%
HV 20d37.5%18.0%54.0%18.9%53.5%
HV 60d34.3%28.3%40.6%33.7%40.1%
IV Rank37.1%17.2%81.3%66.1%33.7%
IV Percentile64.7%24.6%97.2%93.3%68.7%
Term Structure-3.5%-20.2%0.2%-18.5%-0.2%
VWIV41.2%33.9%61.2%59.4%44.2%
Skew 25d4.5%1.4%6.8%1.4%5.2%
Skew 10d9.3%4.1%20.5%12.9%5.7%
Call IV 25d40.0%31.7%60.2%60.2%41.8%
Put IV 25d44.5%36.6%64.5%61.6%47.0%
Bid-Ask Spread %67.0044.9479.9962.5477.89
Gamma HHI0.350.170.640.360.24
Net GEX-32.0K-237.4K45.5K-21.2K-41.7K
Net DEX-1.9M-5.3M1.6M-4.4M1.3M
Net VEX-17.7K-20.6K-13.8K-20.6K-17.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.520.166.750.423.19
Total Volume369.727641,01785369
Total OI2,949.4552,4313,3312,7603,331

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-05-01$60.00$60.0059.1%16.9%18.9%66.1%59.4%1.4%-18.5%-21.2K-4.4M-20.6K0.4262.5460251,4441,316
2019-05-02$60.13$60.0060.1%17.2%18.0%68.0%58.2%6.1%-17.9%-20.1K-4.5M-20.0K0.3757.1670261,4471,320
2019-05-03$62.11$60.0062.0%17.8%20.3%71.6%61.2%6.6%-20.2%-1.6K-5.3M-19.0K0.3444.94120411,4491,320
2019-05-06$59.86$55.0067.1%12.3%25.2%81.3%42.9%4.9%-3.8%-28.7K-4.3M-19.7K1.4347.572543621,4591,352
2019-05-07$59.35$55.0038.9%9.8%25.6%27.9%34.0%5.6%-0.1%-67.3K-4.3M-18.8K2.9768.292567611,6161,683
2019-05-08$59.15$55.0037.9%9.8%25.6%26.0%35.1%3.4%-0.1%45.5K-4.9M-18.8K6.7565.401006751,6971,217
2019-05-09$58.54$55.0039.1%10.3%24.2%28.3%35.5%3.0%-1.5%23.2K-4.5M-18.5K3.7558.831756571,7011,214
2019-05-10$58.65$55.0033.2%9.9%24.2%17.2%34.5%2.2%-0.3%18.9K-4.4M-17.7K0.9462.85103971,6431,206
2019-05-13$56.71$55.0050.6%11.2%25.5%50.1%38.8%4.1%-2.5%-61.7K-3.1M-17.4K0.1663.635591,6421,201
2019-05-14$57.39$55.0042.2%10.8%26.0%34.2%35.6%4.3%-1.3%-42.3K-3.7M-17.6K0.5264.17145761,7381,263
2019-05-15$57.66$55.0033.8%9.7%24.2%18.3%36.0%4.5%0.2%-7.3K-4.0M-17.1K0.6868.6957391,7531,258
2019-05-16$54.11$55.0035.3%10.1%32.5%21.2%36.6%2.6%-0.2%-237.4K-993.5K-15.8K0.6464.101881211,7261,222
2019-05-17$48.06$55.0038.6%11.1%51.7%27.3%37.7%4.2%-0.9%29.3K1.6M-13.8K2.0069.943036061,7901,202
2019-05-20$45.73$55.0041.6%11.9%52.7%33.0%41.6%6.8%-1.4%-14.9K-193.1K-15.1K1.8865.971472761,517914
2019-05-21$46.65$55.0039.9%11.4%53.4%29.9%38.8%5.4%-2.7%-36.3K-255.9K-16.6K0.5571.89146801,5811,138
2019-05-22$46.21$50.0038.6%11.1%53.3%27.4%37.2%4.7%-0.8%-41.4K-15.3K-16.9K0.5374.35160851,6331,180
2019-05-23$44.60$50.0041.6%11.9%53.9%33.0%41.4%5.1%-1.7%-35.8K439.6K-17.1K0.4679.99156711,7341,202
2019-05-24$44.74$50.0039.2%11.2%54.0%28.5%33.9%4.8%-0.2%-40.2K374.1K-17.1K1.4379.872894121,7361,212
2019-05-28$43.48$50.0040.6%11.6%54.0%31.2%41.1%3.6%-0.5%-37.3K858.6K-17.9K1.9174.80691321,8931,299
2019-05-29$43.40$50.0041.0%11.8%53.6%31.9%41.5%5.4%-0.3%-42.8K953.8K-18.7K1.8475.52751381,9141,401
2019-05-30$43.54$50.0040.5%11.6%53.9%31.0%40.7%5.2%-1.4%-43.2K851.3K-18.6K0.7675.6884641,9281,396
2019-05-31$42.51$50.0041.9%12.0%53.5%33.7%44.2%5.2%-0.2%-41.7K1.3M-17.9K3.1977.89882811,9261,405