FN Options History — June 2021

In June 2021, FN traded between $90.29 and $96.76. ATM implied volatility averaged 26.0%, placing in the 4.8% IV rank vs the trailing year. The 30-day expected move averaged 7.5%. IV traded above realized volatility by 4.0% (HV 20d: 21.9%). Max pain ranged from $85.00 to $85.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 22 of 22 days. Put/call ratio averaged 6.73.

Notable Days

2021-06-23: Highest Volume — 507 contracts
2021-06-18: Largest IV spike — 14.9% change
2021-06-02: Highest IV Rank — 10.9%
2021-06-02: Largest Expected Move — 8.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$93.88	$90.29	$96.76	$90.29	$96.40
Max Pain	$85.00	$85.00	$85.00	$85.00	$85.00
ATM IV	26.0%	23.6%	28.8%	28.2%	25.5%
Expected Move	7.5%	6.8%	8.3%	8.1%	7.3%
HV 20d	21.9%	15.7%	30.3%	30.1%	19.1%
HV 60d	28.8%	26.8%	30.7%	30.4%	26.8%
IV Rank	4.8%	0.0%	10.9%	9.7%	4.1%
IV Percentile	2.7%	0.0%	9.1%	4.0%	4.0%
Term Structure	5.8%	0.1%	11.8%	0.1%	7.2%
VWIV	29.4%	19.7%	80.8%	29.6%	25.7%
Skew 25d	2.0%	-7.8%	6.6%	3.1%	3.7%
Skew 10d	7.4%	-13.8%	17.0%	14.5%	7.9%
Call IV 25d	25.7%	22.2%	35.3%	28.2%	22.2%
Put IV 25d	27.7%	20.5%	31.6%	31.3%	26.0%
Bid-Ask Spread %	94.78	88.73	100.92	98.52	96.97
Gamma HHI	0.51	0.37	0.75	0.73	0.39
Net GEX	203.4K	150.6K	274.9K	155.5K	266.1K
Net DEX	-4.4M	-5.5M	-3.2M	-3.5M	-5.3M
Net VEX	-12.4K	-14.9K	-10.0K	-12.1K	-12.3K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	6.73	0.00	102.00	10.00	0.55
Total Volume	90.5	1	507	11	17
Total OI	1,473.318	1,271	1,660	1,271	1,596

Daily Data (22 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
2021-06-01	$90.29	$85.00	28.2%	8.1%	30.1%	9.7%	29.6%	3.1%	0.1%	155.5K	-3.5M	-12.1K	10.00	98.52	1	10	740	531
2021-06-02	$90.33	$85.00	28.8%	8.3%	29.5%	10.9%	0.0%	4.1%	0.3%	153.2K	-3.5M	-12.0K	0.00	100.92	25	0	741	541
2021-06-03	$91.75	$85.00	27.6%	8.2%	29.7%	8.3%	31.6%	6.6%	5.1%	160.7K	-3.9M	-12.1K	0.00	90.28	0	3	760	541
2021-06-04	$93.70	$85.00	26.0%	7.9%	30.3%	4.8%	27.5%	3.3%	3.5%	174.8K	-4.7M	-10.4K	0.00	95.35	22	0	760	544
2021-06-07	$94.02	$85.00	25.2%	7.0%	30.0%	3.1%	26.4%	-0.6%	11.8%	197.2K	-5.0M	-10.0K	3.20	93.34	15	48	773	544
2021-06-08	$95.61	$85.00	26.2%	8.1%	28.5%	5.2%	28.1%	4.3%	4.6%	150.6K	-5.2M	-10.2K	0.30	89.83	96	29	773	591
2021-06-09	$94.31	$85.00	26.1%	7.5%	28.0%	5.0%	30.1%	-7.8%	7.3%	202.4K	-5.2M	-12.2K	0.00	95.44	262	0	868	620
2021-06-10	$93.72	$85.00	26.9%	7.7%	18.9%	6.8%	26.3%	2.2%	5.0%	175.0K	-4.4M	-11.2K	0.43	92.63	23	10	782	620
2021-06-11	$93.87	$85.00	25.4%	7.3%	18.9%	3.4%	32.8%	3.3%	6.3%	197.1K	-4.5M	-11.0K	1.33	97.53	3	4	805	615
2021-06-14	$94.40	$85.00	25.8%	7.4%	15.7%	4.4%	0.0%	4.2%	5.6%	196.5K	-4.8M	-10.7K	0.00	89.25	26	0	809	610
2021-06-15	$94.01	$85.00	26.0%	7.5%	15.8%	4.9%	80.8%	-0.6%	6.0%	213.9K	-4.7M	-11.1K	102.00	88.73	2	204	834	610
2021-06-16	$94.15	$85.00	26.2%	7.5%	15.8%	5.2%	25.8%	2.0%	5.7%	175.0K	-4.4M	-14.2K	6.33	95.01	3	19	835	811
2021-06-17	$93.72	$85.00	24.6%	7.1%	16.0%	1.8%	19.7%	2.1%	6.4%	173.2K	-4.2M	-14.3K	0.00	90.33	6	0	836	820
2021-06-18	$91.38	$85.00	28.3%	8.1%	19.1%	9.8%	28.9%	1.8%	4.8%	199.8K	-3.2M	-14.9K	0.25	93.18	4	1	840	820
2021-06-21	$93.67	$85.00	25.8%	7.4%	20.5%	4.4%	24.7%	2.9%	6.5%	177.2K	-3.4M	-13.7K	0.00	96.67	11	0	746	715
2021-06-22	$93.26	$85.00	25.3%	7.3%	20.2%	3.3%	25.3%	1.9%	6.4%	185.8K	-3.3M	-14.1K	0.00	94.14	120	0	756	715
2021-06-23	$93.41	$85.00	24.6%	7.1%	20.0%	1.8%	25.1%	2.4%	7.9%	259.4K	-3.7M	-14.8K	5.42	93.34	79	428	866	715
2021-06-24	$94.92	$85.00	25.6%	7.3%	19.3%	4.0%	24.5%	-2.7%	6.6%	256.7K	-4.3M	-14.0K	0.00	100.27	15	0	856	714
2021-06-25	$95.61	$85.00	23.9%	6.8%	19.2%	0.2%	23.2%	2.1%	9.1%	263.5K	-4.9M	-13.1K	0.00	97.40	3	0	871	714
2021-06-28	$95.98	$85.00	25.5%	7.3%	19.1%	3.7%	0.0%	4.2%	5.5%	274.9K	-5.1M	-12.5K	0.00	98.29	0	1	873	714
2021-06-29	$96.76	$85.00	23.6%	6.8%	18.9%	0.0%	23.3%	1.0%	5.4%	265.8K	-5.5M	-11.7K	4.69	97.68	88	413	873	715
2021-06-30	$96.40	$85.00	25.5%	7.3%	19.1%	4.1%	25.7%	3.7%	7.2%	266.1K	-5.3M	-12.3K	0.55	96.97	11	6	878	718