FN Options History — April 2024

In April 2024, FN traded between $160.34 and $190.26. ATM implied volatility averaged 56.4%, placing in the 44.2% IV rank vs the trailing year. The 30-day expected move averaged 17.0%. IV traded above realized volatility by 13.7% (HV 20d: 42.7%). Max pain ranged from $170.00 to $195.00. Net GEX was positive for 5 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 3.32.

Notable Days

  • 2024-04-02: Highest Volume — 2,126 contracts
  • 2024-04-10: Largest IV spike — 45.3% change
  • 2024-04-30: Highest IV Rank — 64.3%
  • 2024-04-30: Largest Expected Move — 20.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$176.67$160.34$190.26$189.50$174.52
Max Pain$185.91$170.00$195.00$195.00$170.00
ATM IV56.4%40.2%70.3%40.9%70.3%
Expected Move17.0%11.7%20.1%11.7%20.1%
HV 20d42.7%35.8%47.8%46.4%37.6%
HV 60d64.3%63.4%65.3%63.4%64.3%
IV Rank44.2%20.7%64.3%21.7%64.3%
IV Percentile85.8%64.3%98.0%68.3%98.0%
Term Structure-8.4%-17.8%17.3%17.3%-17.8%
VWIV60.1%41.7%77.5%44.0%77.5%
Skew 25d1.9%-3.5%5.7%-1.7%-2.4%
Skew 10d6.8%-6.1%17.8%4.1%10.2%
Call IV 25d59.8%42.8%74.8%43.5%74.8%
Put IV 25d61.7%41.8%72.4%41.8%72.4%
Bid-Ask Spread %62.3450.5182.1380.5165.45
Gamma HHI0.250.060.590.370.10
Net GEX-1.2M-3.4M118.4K-434.7K108.4K
Net DEX13.0M-4.3M42.9M1.8M-3.4M
Net VEX-49.0K-69.6K-31.9K-50.8K-40.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.320.0222.620.598.60
Total Volume270.318162,12611148
Total OI4,583.5452,5066,7312,8892,989

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-04-01$189.50$195.0040.9%11.7%46.4%21.7%44.0%-1.7%17.3%-434.7K1.8M-50.8K0.5980.5170411,3371,552
2024-04-02$185.48$195.0042.2%12.1%46.2%23.6%44.8%1.8%14.3%-516.7K4.4M-48.8K22.6280.74902,0361,2991,588
2024-04-03$190.26$195.0042.4%12.1%47.8%23.8%44.0%1.0%13.6%-1.4M6.6M-67.4K0.4182.1373301,2603,544
2024-04-04$186.91$190.0046.3%16.3%46.5%29.6%57.5%4.4%-9.3%-1.5M10.1M-68.1K1.8864.551122101,3053,562
2024-04-05$187.53$190.0040.2%16.6%46.5%20.7%58.6%3.6%-9.8%-1.5M9.0M-69.6K5.5054.7512661,3853,506
2024-04-08$189.25$195.0042.0%16.4%46.5%23.3%41.7%5.7%-10.2%-1.5M7.2M-64.3K0.0259.39968181,3903,558
2024-04-09$188.95$195.0041.8%17.0%41.0%23.1%64.9%2.3%-12.3%-1.6M6.3M-59.9K4.6056.395232,3523,572
2024-04-10$177.06$195.0060.8%17.4%46.5%50.6%61.5%3.0%-12.4%-2.1M21.2M-59.7K0.2354.3981192,3563,586
2024-04-11$177.87$195.0059.0%16.9%46.1%48.0%59.9%5.4%-10.9%-2.3M20.3M-57.9K1.4356.0223332,4203,596
2024-04-12$173.29$190.0058.9%16.9%45.9%47.9%59.3%3.6%-10.7%-2.2M27.6M-53.6K2.3052.30601382,4343,626
2024-04-15$171.88$190.0061.4%17.6%45.1%51.5%57.7%1.5%-12.5%-2.2M30.4M-46.8K0.2450.5154132,4613,709
2024-04-16$173.14$190.0061.5%17.6%45.4%51.6%61.7%1.9%-13.1%-2.9M31.1M-49.4K1.1258.1534382,5124,189
2024-04-17$166.88$190.0061.6%17.6%46.1%51.7%61.4%2.1%-12.4%-2.7M42.9M-41.2K1.8151.691081962,5254,206
2024-04-18$165.69$185.0062.3%17.9%46.1%52.8%63.1%1.9%-7.8%-3.4M37.5M-38.4K11.7851.78455302,5493,728
2024-04-19$160.34$185.0063.0%18.1%35.9%53.8%64.3%4.8%-11.3%-219.5K42.8M-31.9K2.7558.1216442,5833,413
2024-04-22$164.37$185.0063.1%18.1%35.8%54.0%63.3%2.0%-12.1%-44.4K1.9M-32.4K1.6156.9433531,775731
2024-04-23$168.96$180.0062.4%17.9%37.9%52.9%62.6%-3.5%-12.1%-23.4K901.8K-34.1K0.2564.79354891,803732
2024-04-24$169.89$170.0062.2%17.8%37.0%52.6%66.7%2.4%-11.9%104.9K-2.2M-39.8K1.4968.3537552,128740
2024-04-25$172.14$170.0064.2%18.4%36.8%55.6%64.4%2.3%-12.5%101.2K-2.7M-41.2K1.2966.90792,144790
2024-04-26$175.96$170.0065.3%18.7%38.0%57.2%71.7%2.0%-14.1%111.5K-3.8M-41.9K1.4368.2814202,145794
2024-04-29$176.92$170.0069.2%19.8%38.0%62.8%71.1%-1.7%-16.4%118.4K-4.3M-40.5K1.0069.3221212,156808
2024-04-30$174.52$170.0070.3%20.1%37.6%64.3%77.5%-2.4%-17.8%108.4K-3.4M-40.2K8.6065.455432,169820