FN Options History — April 2022

In April 2022, FN traded between $96.03 and $107.62. ATM implied volatility averaged 41.2%, placing in the 53.7% IV rank vs the trailing year. The 30-day expected move averaged 13.0%. IV traded above realized volatility by 7.7% (HV 20d: 33.5%). Max pain ranged from $100.00 to $110.00. Net GEX was positive for 13 of 20 trading days. Term structure was in contango for 1 of 20 days. Put/call ratio averaged 0.46.

Notable Days

2022-04-05: Highest Volume — 254 contracts
2022-04-13: Largest IV spike — 24.5% change
2022-04-29: Highest IV Rank — 96.5%
2022-04-29: Largest Expected Move — 16.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$99.95	$96.03	$107.62	$106.90	$98.40
Max Pain	$106.50	$100.00	$110.00	$110.00	$100.00
ATM IV	41.2%	25.6%	57.4%	32.9%	57.4%
Expected Move	13.0%	10.6%	16.5%	11.5%	16.5%
HV 20d	33.5%	28.7%	37.5%	29.2%	36.5%
HV 60d	38.0%	32.2%	39.6%	38.0%	32.5%
IV Rank	53.7%	12.3%	96.5%	31.7%	96.5%
IV Percentile	70.2%	6.3%	99.2%	48.4%	99.2%
Term Structure	-5.4%	-10.9%	6.0%	6.0%	-9.8%
VWIV	44.6%	33.7%	59.4%	39.9%	59.4%
Skew 25d	4.7%	-5.5%	13.1%	3.8%	6.6%
Skew 10d	13.9%	-3.0%	29.2%	-3.0%	5.3%
Call IV 25d	45.4%	35.1%	57.4%	35.1%	56.4%
Put IV 25d	50.1%	38.8%	63.0%	38.8%	63.0%
Bid-Ask Spread %	89.41	83.22	94.38	83.22	91.74
Gamma HHI	0.26	0.16	0.57	0.16	0.18
Net GEX	-23.8K	-157.8K	35.6K	8.5K	24.8K
Net DEX	-156.6K	-835.3K	943.5K	-716.1K	-492.8K
Net VEX	-2.7K	-4.1K	-1.5K	-4.1K	-2.8K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.46	0.35	0.60	0.60	0.35
Total Volume	187.75	0	254	216	177
Total OI	476.95	241	684	632	318

Daily Data (20 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
2022-04-01	$106.90	$110.00	32.9%	11.5%	29.2%	31.7%	39.9%	3.8%	6.0%	8.5K	-716.1K	-4.1K	0.60	83.22	135	81	294	338
2022-04-04	$107.62	$110.00	32.6%	10.6%	28.7%	30.8%	33.7%	10.4%	-5.2%	21.7K	-835.3K	-3.5K	0.58	83.39	139	81	294	338
2022-04-05	$104.82	$110.00	25.6%	10.8%	30.9%	12.3%	33.7%	3.4%	-1.8%	35.6K	-814.4K	-3.2K	0.47	86.56	173	81	317	338
2022-04-06	$101.35	$110.00	25.9%	11.8%	32.3%	13.2%	39.4%	4.7%	-4.5%	-25.6K	-219.6K	-3.7K	0.49	91.10	166	81	334	338
2022-04-07	$101.60	$110.00	31.2%	12.0%	32.3%	27.2%	38.7%	-1.9%	-5.3%	-24.0K	-221.9K	-3.3K	0.49	89.36	166	81	346	338
2022-04-08	$98.52	$110.00	32.6%	11.7%	33.8%	30.9%	42.5%	-1.8%	-3.4%	-94.8K	299.6K	-3.2K	0.49	89.15	166	81	346	338
2022-04-11	$96.77	$110.00	30.1%	12.6%	34.4%	24.1%	44.1%	5.2%	-10.4%	-147.3K	683.0K	-2.7K	0.49	91.94	166	81	346	338
2022-04-12	$96.61	$110.00	34.0%	12.7%	34.1%	34.4%	43.0%	8.5%	-7.4%	-157.8K	665.6K	-2.6K	0.52	90.87	157	81	346	338
2022-04-13	$97.81	$110.00	42.3%	12.1%	30.6%	56.4%	43.6%	5.9%	-6.0%	-138.7K	399.6K	-2.2K	0.52	88.94	157	81	347	336
2022-04-14	$96.03	$110.00	43.7%	12.5%	30.3%	60.3%	47.4%	7.6%	-4.4%	-157.5K	943.5K	-1.5K	0.54	91.40	157	85	347	336
2022-04-18	$96.16	$110.00	44.8%	12.9%	30.3%	63.2%	45.0%	9.2%	-3.6%	12.5K	-78.0K	-2.0K	0.56	90.24	70	39	196	45
2022-04-19	$99.96	$110.00	42.4%	12.1%	33.9%	56.7%	43.5%	6.1%	-4.1%	15.1K	-120.0K	-2.0K	0.40	92.71	98	39	197	46
2022-04-20	$103.05	$105.00	42.8%	12.3%	35.3%	57.9%	43.9%	1.6%	-4.3%	24.4K	-449.4K	-2.7K	0.42	90.60	98	41	227	46
2022-04-21	$100.92	$105.00	45.3%	13.0%	35.9%	64.5%	42.7%	-5.5%	-4.2%	21.6K	-383.2K	-2.5K	0.39	90.30	104	41	227	48
2022-04-22	$98.01	$100.00	46.7%	13.4%	36.9%	68.1%	46.4%	-1.3%	-4.8%	22.4K	-394.4K	-2.6K	0.36	90.40	115	41	240	48
2022-04-25	$99.31	$100.00	48.1%	13.8%	37.3%	72.0%	52.1%	7.1%	-5.9%	23.2K	-385.6K	-2.5K	0.40	89.06	115	46	251	48
2022-04-26	$97.02	$100.00	55.1%	15.8%	37.5%	90.4%	56.9%	2.2%	-7.9%	20.1K	-314.2K	-2.6K	0.40	85.64	115	46	251	52
2022-04-27	$97.35	$100.00	56.3%	16.1%	33.3%	93.5%	0.0%	13.1%	-9.1%	18.1K	-281.0K	-2.4K	0.00	94.38	0	0	251	52
2022-04-28	$100.82	$100.00	54.5%	15.6%	35.7%	88.9%	52.3%	8.6%	-10.9%	21.6K	-418.0K	-2.6K	0.36	87.13	128	46	251	52
2022-04-29	$98.40	$100.00	57.4%	16.5%	36.5%	96.5%	59.4%	6.6%	-9.8%	24.8K	-492.8K	-2.8K	0.35	91.74	131	46	266	52