FN Options History — October 2021

In October 2021, FN traded between $94.93 and $104.95. ATM implied volatility averaged 38.2%, placing in the 35.3% IV rank vs the trailing year. The 30-day expected move averaged 11.2%. IV traded above realized volatility by 6.7% (HV 20d: 31.4%). Max pain ranged from $85.00 to $95.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 0.49.

Notable Days

2021-10-27: Highest Volume — 311 contracts
2021-10-08: Largest IV spike — 39.8% change
2021-10-11: Highest IV Rank — 51.9%
2021-10-27: Largest Expected Move — 12.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$99.60	$94.93	$104.95	$104.95	$95.98
Max Pain	$85.48	$85.00	$95.00	$95.00	$85.00
ATM IV	38.2%	28.0%	46.3%	30.4%	42.7%
Expected Move	11.2%	8.7%	12.6%	8.7%	12.2%
HV 20d	31.4%	27.5%	34.4%	28.8%	27.5%
HV 60d	31.2%	30.3%	32.2%	30.3%	31.2%
IV Rank	35.3%	14.3%	51.9%	19.4%	44.5%
IV Percentile	69.9%	22.2%	90.1%	32.9%	88.5%
Term Structure	-4.9%	-11.7%	4.9%	4.9%	-11.7%
VWIV	40.0%	34.9%	50.2%	48.0%	35.7%
Skew 25d	4.1%	-9.5%	10.0%	6.2%	0.2%
Skew 10d	11.3%	0.3%	23.6%	12.3%	3.0%
Call IV 25d	38.6%	26.8%	53.8%	26.8%	40.8%
Put IV 25d	42.7%	33.0%	50.2%	33.0%	41.0%
Bid-Ask Spread %	84.50	71.77	98.83	98.83	85.50
Gamma HHI	0.22	0.16	0.35	0.24	0.26
Net GEX	89.7K	52.2K	135.0K	125.9K	97.1K
Net DEX	-2.5M	-4.3M	-1.4M	-4.2M	-1.8M
Net VEX	-6.7K	-8.8K	-5.0K	-8.8K	-6.7K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.49	0.00	4.33	0.00	0.14
Total Volume	115	2	311	18	270
Total OI	882.524	420	1,233	1,231	624

Daily Data (21 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
2021-10-01	$104.95	$95.00	30.4%	8.7%	28.8%	19.4%	48.0%	6.2%	4.9%	125.9K	-4.2M	-8.8K	0.00	98.83	18	0	708	523
2021-10-04	$103.39	$85.00	33.8%	11.0%	29.2%	26.2%	35.8%	5.2%	-5.8%	126.0K	-3.9M	-8.2K	0.00	82.05	6	0	710	522
2021-10-05	$104.83	$85.00	30.3%	10.2%	29.6%	19.2%	35.2%	4.6%	-3.0%	135.0K	-4.3M	-7.9K	0.14	84.57	7	1	704	522
2021-10-06	$100.15	$85.00	33.2%	11.3%	33.7%	25.1%	42.2%	5.7%	-5.1%	113.4K	-2.9M	-7.9K	0.00	81.24	7	0	704	522
2021-10-07	$101.88	$85.00	28.0%	11.8%	34.1%	14.3%	44.2%	9.2%	-6.5%	116.0K	-3.3M	-8.0K	4.33	79.09	3	13	704	523
2021-10-08	$100.94	$85.00	39.1%	11.2%	33.3%	37.2%	0.0%	7.6%	-2.0%	106.3K	-3.1M	-7.4K	2.00	77.64	2	4	700	523
2021-10-11	$102.02	$85.00	46.3%	10.7%	32.2%	51.9%	40.3%	6.0%	-5.1%	117.0K	-3.3M	-7.2K	2.00	71.77	1	2	697	530
2021-10-12	$100.56	$85.00	42.2%	10.7%	32.5%	43.5%	40.4%	8.0%	-5.1%	98.0K	-2.9M	-6.9K	0.00	78.00	2	0	699	534
2021-10-13	$100.19	$85.00	38.1%	10.9%	32.1%	35.1%	44.1%	4.1%	-4.9%	71.0K	-2.8M	-6.8K	0.00	84.83	5	0	700	533
2021-10-14	$102.04	$85.00	39.5%	11.3%	33.0%	38.0%	39.7%	3.3%	-2.8%	128.7K	-3.5M	-6.2K	0.10	78.01	70	7	700	533
2021-10-15	$98.88	$85.00	40.6%	11.6%	34.4%	40.2%	36.6%	0.1%	-2.8%	64.1K	-1.9M	-5.8K	0.22	90.42	27	6	695	533
2021-10-18	$98.72	$85.00	37.2%	10.7%	32.8%	33.3%	36.9%	2.6%	-3.2%	54.1K	-1.5M	-5.1K	0.38	84.16	21	8	365	55
2021-10-19	$98.18	$85.00	37.1%	10.6%	32.6%	33.0%	36.7%	5.5%	-5.5%	52.2K	-1.4M	-5.0K	0.02	85.59	44	1	364	63
2021-10-20	$98.76	$85.00	37.1%	10.6%	32.3%	33.0%	39.2%	6.4%	-4.4%	64.1K	-1.6M	-6.3K	0.16	88.71	216	34	417	70
2021-10-21	$98.99	$85.00	37.0%	10.6%	31.3%	33.0%	34.9%	10.0%	-4.1%	64.9K	-1.7M	-6.1K	0.13	90.27	216	29	418	70
2021-10-22	$96.26	$85.00	41.0%	11.7%	32.3%	41.0%	50.2%	2.4%	-4.5%	63.8K	-1.5M	-6.2K	0.13	87.49	216	29	418	69
2021-10-25	$97.57	$85.00	41.5%	11.9%	31.0%	42.0%	35.8%	0.7%	-7.1%	62.4K	-1.5M	-5.8K	0.13	88.09	219	28	417	69
2021-10-26	$96.54	$85.00	41.6%	11.9%	30.2%	42.2%	40.3%	3.8%	-5.9%	66.2K	-1.5M	-5.7K	0.11	85.45	260	28	425	70
2021-10-27	$94.93	$85.00	43.8%	12.6%	28.3%	46.9%	42.0%	-9.5%	-10.0%	79.7K	-1.5M	-5.8K	0.17	88.26	266	45	468	70
2021-10-28	$95.94	$85.00	41.4%	11.9%	28.8%	41.9%	42.0%	3.6%	-7.7%	77.4K	-1.6M	-6.2K	0.12	84.49	272	32	474	88
2021-10-29	$95.98	$85.00	42.7%	12.2%	27.5%	44.5%	35.7%	0.2%	-11.7%	97.1K	-1.8M	-6.7K	0.14	85.50	236	34	532	92