FN Options History — October 2019

In October 2019, FN traded between $48.51 and $55.86. ATM implied volatility averaged 46.5%, placing in the 33.9% IV rank vs the trailing year. The 30-day expected move averaged 13.7%. IV traded above realized volatility by 17.7% (HV 20d: 28.8%). Max pain ranged from $50.00 to $55.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 2 of 23 days. Put/call ratio averaged 2.07.

Notable Days

  • 2019-10-17: Highest Volume — 526 contracts
  • 2019-10-09: Largest IV spike — 22.6% change
  • 2019-10-31: Highest IV Rank — 54.2%
  • 2019-10-31: Largest Expected Move — 16.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$52.00$48.51$55.86$51.98$55.86
Max Pain$50.87$50.00$55.00$50.00$50.00
ATM IV46.5%38.3%55.9%38.5%55.9%
Expected Move13.7%11.0%16.0%11.0%16.0%
HV 20d28.8%24.9%31.4%30.8%28.8%
HV 60d51.3%50.6%51.9%50.6%51.5%
IV Rank33.9%16.2%54.2%16.6%54.2%
IV Percentile72.6%46.4%92.1%47.6%92.1%
Term Structure-7.9%-15.2%7.5%7.4%-15.2%
VWIV47.4%33.2%56.2%33.2%56.2%
Skew 25d5.5%-4.3%9.0%6.5%5.9%
Skew 10d13.2%-8.3%23.1%15.5%15.4%
Call IV 25d45.3%33.4%53.5%33.4%53.5%
Put IV 25d50.8%32.1%59.4%39.9%59.4%
Bid-Ask Spread %70.4460.1389.4783.2765.77
Gamma HHI0.350.200.550.350.48
Net GEX72.6K6.6K120.7K117.4K120.7K
Net DEX-3.6M-5.8M-2.1M-3.7M-5.8M
Net VEX-10.1K-12.6K-7.1K-10.5K-12.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.070.0022.005.000.20
Total Volume109.56505266291
Total OI2,326.3481,9332,9772,3032,534

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-10-01$51.98$50.0038.5%11.0%30.8%16.6%33.2%6.5%7.4%117.4K-3.7M-10.5K5.0083.27151,469834
2019-10-02$50.73$50.0040.1%11.5%30.8%20.1%40.1%-4.3%7.5%94.1K-3.1M-10.3K0.0089.47021,468835
2019-10-03$50.81$50.0038.3%13.4%25.3%16.2%0.0%5.7%-6.6%98.6K-3.1M-10.0K0.0067.62101,468837
2019-10-04$50.95$50.0039.1%13.6%25.4%17.9%0.0%5.5%-6.7%101.0K-3.1M-9.8K0.0069.79001,468837
2019-10-07$50.90$50.0043.1%14.3%24.9%26.6%0.0%6.1%-8.9%101.7K-3.1M-9.4K0.0060.13101,468837
2019-10-08$48.93$50.0041.4%14.3%27.6%22.8%0.0%2.0%-8.6%61.0K-2.3M-9.0K0.8073.82541,468837
2019-10-09$48.51$50.0050.7%14.5%27.2%43.0%0.0%4.7%-10.4%53.2K-2.1M-8.6K0.0881.181211,467835
2019-10-10$48.75$50.0048.2%13.8%27.2%37.5%46.7%9.0%-9.5%59.8K-2.2M-8.4K4.3375.613131,467825
2019-10-11$50.19$55.0048.7%14.0%29.6%38.7%45.9%6.1%-7.5%98.6K-2.8M-8.4K7.4069.795371,467834
2019-10-14$50.21$55.0048.6%13.9%29.5%38.4%43.1%6.9%-8.1%102.7K-2.8M-8.0K0.5073.271681,472859
2019-10-15$51.33$55.0045.8%13.1%30.7%32.3%47.0%5.6%-7.8%95.1K-3.5M-7.2K22.0065.98132861,463851
2019-10-16$51.27$55.0045.5%13.0%29.5%31.7%43.8%5.9%-7.9%42.5K-3.2M-7.7K0.5064.941051,4601,106
2019-10-17$52.18$50.0046.4%13.3%29.7%33.8%43.2%6.3%-7.3%6.6K-3.7M-7.1K0.0470.36506201,4631,111
2019-10-18$52.78$50.0044.5%12.7%29.9%29.5%46.7%5.8%-7.5%53.9K-4.7M-11.0K0.0171.3515921,8661,111
2019-10-21$54.20$50.0046.8%13.4%31.4%34.6%48.9%5.1%-7.0%75.9K-4.5M-11.6K1.6363.031452361,325608
2019-10-22$54.17$50.0047.3%13.6%31.2%35.7%52.2%6.8%-8.3%54.6K-4.2M-12.6K0.1164.053541,375827
2019-10-23$53.01$50.0046.9%13.4%31.2%34.7%49.9%6.7%-8.4%44.3K-3.7M-12.1K0.0066.0411301,358825
2019-10-24$53.28$50.0047.4%13.6%31.2%35.8%46.9%7.1%-8.7%47.8K-3.8M-12.2K0.2969.9138111,366828
2019-10-25$53.94$50.0047.7%13.7%28.3%36.6%49.7%6.3%-8.8%51.9K-4.0M-12.0K0.1765.932341,361833
2019-10-28$54.48$50.0051.6%14.8%27.3%44.9%51.7%3.9%-12.8%53.6K-4.3M-11.2K0.0065.7111901,358835
2019-10-29$53.21$50.0052.6%15.1%28.2%47.2%52.8%6.7%-14.5%61.9K-3.9M-11.6K0.1770.6596161,442835
2019-10-30$54.22$50.0054.3%15.6%27.2%50.9%54.8%5.6%-15.2%72.5K-4.4M-11.6K0.2572.42220541,470843
2019-10-31$55.86$50.0055.9%16.0%28.8%54.2%56.2%5.9%-15.2%120.7K-5.8M-12.2K0.2065.77243481,676858