FN Options History — July 2022

In July 2022, FN traded between $81.15 and $95.82. ATM implied volatility averaged 48.1%, placing in the 64.3% IV rank vs the trailing year. The 30-day expected move averaged 14.3%. IV traded above realized volatility by 12.0% (HV 20d: 36.1%). Max pain ranged from $80.00 to $80.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 1 of 20 days. Put/call ratio averaged 2.72.

Notable Days

2022-07-01: Highest Volume — 186 contracts
2022-07-05: Largest IV spike — 68.3% change
2022-07-05: Highest IV Rank — 100.0%
2022-07-27: Largest Expected Move — 15.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$85.62	$81.15	$95.82	$81.62	$95.82
Max Pain	$80.00	$80.00	$80.00	$80.00	$80.00
ATM IV	48.1%	34.8%	63.0%	37.5%	50.6%
Expected Move	14.3%	10.7%	15.8%	10.7%	14.5%
HV 20d	36.1%	27.4%	44.2%	44.0%	28.7%
HV 60d	40.9%	39.5%	41.7%	41.7%	39.5%
IV Rank	64.3%	32.9%	100.0%	40.4%	70.0%
IV Percentile	84.2%	41.7%	100.0%	57.1%	91.3%
Term Structure	-5.2%	-10.6%	9.9%	9.9%	-10.6%
VWIV	59.5%	49.4%	82.4%	57.4%	56.6%
Skew 25d	6.4%	-4.1%	18.3%	-4.1%	10.2%
Skew 10d	12.1%	-20.7%	42.7%	-20.7%	7.3%
Call IV 25d	50.1%	38.6%	60.7%	44.2%	51.7%
Put IV 25d	56.5%	40.1%	63.2%	40.1%	61.8%
Bid-Ask Spread %	87.07	76.14	99.22	99.22	83.17
Gamma HHI	0.32	0.23	0.43	0.39	0.23
Net GEX	-12.4K	-27.3K	-1.1K	-27.3K	-1.3K
Net DEX	129.1K	-82.3K	359.0K	292.1K	-82.3K
Net VEX	-2.1K	-3.0K	-1.6K	-3.0K	-1.9K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	2.72	1.27	12.00	1.38	3.15
Total Volume	140	72	186	186	166
Total OI	312.85	102	494	479	159

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
2022-07-01	$81.62	$80.00	37.5%	10.7%	44.0%	40.4%	57.4%	-4.1%	9.9%	-27.3K	292.1K	-3.0K	1.38	99.22	78	108	199	280
2022-07-05	$81.15	$80.00	63.0%	14.2%	44.0%	100.0%	49.4%	7.0%	-6.6%	-25.4K	359.0K	-3.0K	1.38	85.25	78	108	201	280
2022-07-06	$81.17	$80.00	40.9%	14.2%	43.9%	47.3%	55.0%	7.9%	-1.3%	-26.9K	247.9K	-2.6K	1.38	87.32	78	108	201	280
2022-07-07	$82.43	$80.00	34.8%	14.9%	44.1%	32.9%	54.2%	1.7%	-5.9%	-13.3K	69.4K	-2.4K	1.33	88.62	78	104	201	280
2022-07-08	$82.63	$80.00	37.3%	14.1%	44.2%	38.7%	55.5%	1.6%	-4.5%	-18.2K	114.0K	-2.3K	1.33	83.09	78	104	201	280
2022-07-11	$81.93	$80.00	40.3%	14.1%	44.0%	46.1%	52.7%	8.7%	-3.3%	-14.8K	149.2K	-2.1K	1.33	84.18	78	104	201	293
2022-07-12	$82.85	$80.00	46.8%	14.0%	42.1%	60.9%	58.6%	11.8%	-3.0%	-1.1K	47.5K	-2.0K	1.33	82.25	78	104	201	293
2022-07-13	$81.55	$80.00	47.5%	13.6%	38.7%	62.5%	56.5%	18.3%	-2.5%	-22.4K	201.9K	-2.0K	1.33	83.89	78	104	201	293
2022-07-14	$81.45	$80.00	53.8%	15.4%	38.6%	77.8%	49.7%	11.5%	-6.2%	-14.6K	165.3K	-1.8K	1.27	87.84	82	104	201	293
2022-07-15	$83.24	$80.00	48.8%	14.0%	38.6%	65.6%	56.2%	13.0%	-3.6%	-9.7K	-47.5K	-1.6K	1.28	93.46	81	104	201	293
2022-07-18	$82.06	$80.00	47.0%	13.5%	27.4%	61.5%	51.8%	5.7%	-6.6%	-9.8K	213.1K	-1.6K	12.00	97.95	7	84	14	88
2022-07-19	$86.59	$80.00	52.6%	15.1%	32.4%	74.8%	69.4%	4.1%	-9.0%	-10.2K	191.0K	-1.7K	7.00	90.24	12	84	14	100
2022-07-20	$87.00	$80.00	50.4%	14.5%	30.3%	69.6%	60.8%	5.3%	-5.2%	-9.1K	160.5K	-1.7K	4.62	89.75	13	60	19	99
2022-07-21	$89.47	$80.00	49.5%	14.2%	30.7%	67.5%	66.3%	9.7%	-8.0%	-10.4K	168.3K	-1.9K	5.00	80.88	12	60	20	115
2022-07-22	$88.41	$80.00	49.9%	14.3%	31.4%	68.4%	53.9%	-3.1%	-8.7%	-10.1K	175.5K	-1.9K	1.88	84.54	32	60	20	115
2022-07-25	$87.42	$80.00	53.3%	15.3%	30.5%	76.6%	67.1%	8.5%	-7.8%	-7.1K	100.3K	-2.2K	1.88	86.19	32	60	40	115
2022-07-26	$89.60	$80.00	53.8%	15.4%	30.1%	77.8%	57.8%	6.3%	-9.1%	-6.4K	61.0K	-2.2K	1.88	76.14	32	60	40	115
2022-07-27	$92.24	$80.00	55.3%	15.8%	28.9%	81.3%	82.4%	-1.7%	-10.5%	-4.8K	8.9K	-2.1K	1.82	89.59	33	60	40	115
2022-07-28	$93.74	$80.00	49.2%	14.1%	29.1%	66.7%	78.5%	4.4%	-0.8%	-4.2K	-12.2K	-2.1K	1.76	87.83	34	60	41	115
2022-07-29	$95.82	$80.00	50.6%	14.5%	28.7%	70.0%	56.6%	10.2%	-10.6%	-1.3K	-82.3K	-1.9K	3.15	83.17	40	126	44	115