FN Options History — October 2023

In October 2023, FN traded between $151.08 and $181.38. ATM implied volatility averaged 50.4%, placing in the 48.6% IV rank vs the trailing year. The 30-day expected move averaged 15.1%. IV traded above realized volatility by 17.4% (HV 20d: 33.0%). Max pain ranged from $155.00 to $170.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 1.56.

Notable Days

  • 2023-10-04: Highest Volume — 1,468 contracts
  • 2023-10-11: Largest IV spike — 43.7% change
  • 2023-10-31: Highest IV Rank — 84.5%
  • 2023-10-31: Largest Expected Move — 19.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$167.84$151.08$181.38$167.34$155.57
Max Pain$163.64$155.00$170.00$155.00$160.00
ATM IV50.4%34.0%68.4%35.8%68.4%
Expected Move15.1%9.7%19.6%10.3%19.6%
HV 20d33.0%27.0%37.6%32.4%36.9%
HV 60d63.8%62.9%65.3%63.3%65.2%
IV Rank48.6%16.0%84.5%19.6%84.5%
IV Percentile78.0%47.2%98.8%55.6%98.8%
Term Structure-6.0%-17.7%13.5%12.2%-17.7%
VWIV53.1%34.3%68.6%35.9%67.8%
Skew 25d3.2%1.1%5.5%1.8%4.5%
Skew 10d7.8%3.3%21.8%4.5%9.5%
Call IV 25d51.4%34.7%66.1%35.4%66.1%
Put IV 25d54.6%35.8%70.6%37.2%70.6%
Bid-Ask Spread %49.3037.4777.0071.0249.60
Gamma HHI0.260.200.350.250.22
Net GEX1.2M129.7K2.1M858.3K145.5K
Net DEX-23.9M-49.0M-2.7M-22.0M-4.5M
Net VEX-62.0K-78.5K-46.3K-68.7K-49.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.560.236.500.452.50
Total Volume256.364731,468226133
Total OI5,251.0453,2256,7544,7163,464

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-10-02$167.34$155.0035.8%10.3%32.4%19.6%35.9%1.8%12.2%858.3K-22.0M-68.7K0.4571.02156702,7631,953
2023-10-03$167.68$155.0035.1%10.1%30.5%18.2%35.9%1.1%13.1%875.0K-22.4M-69.4K0.2370.34256602,8031,974
2023-10-04$170.59$155.0034.0%9.7%30.1%16.0%34.3%1.1%13.5%905.1K-24.6M-66.2K0.2877.001,1453232,7321,994
2023-10-05$174.08$155.0034.1%13.7%29.6%16.1%48.3%2.6%-3.4%1.9M-37.4M-78.5K0.8937.4793833,8162,271
2023-10-06$175.97$155.0034.5%13.7%29.6%17.0%48.5%2.9%-4.5%2.0M-40.7M-75.2K0.7239.392341683,8312,301
2023-10-09$175.62$160.0036.7%14.1%29.7%21.3%49.8%2.7%-4.7%1.9M-39.2M-73.9K1.5443.5956863,8942,381
2023-10-10$178.85$160.0034.2%13.8%27.4%16.4%47.9%2.6%-6.5%2.0M-45.0M-69.2K1.1040.011431583,9042,411
2023-10-11$181.38$165.0049.1%14.1%27.0%46.0%49.1%2.2%-5.5%1.9M-49.0M-67.3K0.3644.43192703,9932,488
2023-10-12$179.38$165.0048.7%14.0%28.0%45.2%50.8%3.0%-5.3%1.9M-45.0M-68.7K0.8346.3681674,1402,512
2023-10-13$172.95$165.0051.2%14.7%32.3%50.2%51.5%2.9%-6.1%1.9M-33.4M-72.2K1.6442.851031694,1552,530
2023-10-16$175.74$170.0052.3%15.0%32.0%52.5%52.3%2.1%-7.3%2.1M-39.2M-64.2K0.3544.18122434,1592,515
2023-10-17$174.51$170.0053.2%15.3%32.2%54.3%54.3%2.4%-7.6%2.1M-36.6M-63.4K1.6745.3943724,1702,530
2023-10-18$167.57$170.0054.6%15.7%36.3%57.0%54.4%3.1%-8.9%2.0M-22.1M-60.7K1.9245.67601154,1542,586
2023-10-19$163.64$170.0056.9%16.3%37.6%61.5%57.9%5.5%-7.3%1.3M-14.7M-57.3K0.8855.731251104,1872,567
2023-10-20$160.99$170.0057.6%16.5%36.9%62.9%58.0%3.3%-10.0%655.4K-11.9M-54.3K3.0744.92451384,1342,540
2023-10-23$164.02$165.0059.5%17.1%37.3%66.7%60.1%3.5%-10.5%255.6K-9.1M-54.6K1.0044.7738381,8381,387
2023-10-24$165.35$165.0058.1%16.6%36.6%63.8%57.8%4.6%-9.4%275.6K-9.9M-54.1K6.5048.49201301,8541,401
2023-10-25$162.05$165.0061.7%17.7%36.2%71.0%61.2%3.6%-12.5%237.6K-8.0M-53.6K0.8248.0140331,8581,439
2023-10-26$153.06$170.0062.1%17.8%35.0%71.9%62.3%4.8%-13.5%147.5K-3.6M-48.6K1.3647.87811101,8561,454
2023-10-27$151.08$170.0063.0%18.1%35.2%73.6%60.7%5.0%-14.7%129.7K-2.7M-46.3K0.8249.9345371,8471,441
2023-10-30$155.13$165.0068.0%19.5%36.9%83.5%68.6%5.4%-16.2%176.0K-4.8M-47.9K5.3547.52552941,8571,439
2023-10-31$155.57$160.0068.4%19.6%36.9%84.5%67.8%4.5%-17.7%145.5K-4.5M-49.7K2.5049.6038951,8711,593