FN Options History — August 2024

In August 2024, FN traded between $194.85 and $271.70. ATM implied volatility averaged 49.5%, placing in the 27.6% IV rank vs the trailing year. The 30-day expected move averaged 15.0%. IV traded below realized volatility by 15.8% (HV 20d: 65.3%). Max pain ranged from $210.00 to $250.00. Net GEX was positive for 9 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 3.23.

Notable Days

  • 2024-08-20: Highest Volume — 3,951 contracts
  • 2024-08-12: Largest IV spike — 38.7% change
  • 2024-08-19: Highest IV Rank — 53.8%
  • 2024-08-19: Largest Expected Move — 20.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$229.71$194.85$271.70$213.42$241.45
Max Pain$231.36$210.00$250.00$230.00$250.00
ATM IV49.5%37.3%71.2%47.4%37.3%
Expected Move15.0%10.7%20.4%13.6%10.7%
HV 20d65.3%54.2%80.5%54.2%70.5%
HV 60d49.7%43.9%57.3%47.7%56.3%
IV Rank27.6%12.6%53.8%25.8%12.6%
IV Percentile71.4%36.1%96.8%75.0%36.1%
Term Structure-2.8%-13.4%10.4%10.4%0.8%
VWIV51.2%36.1%70.9%47.0%36.1%
Skew 25d3.9%1.2%7.8%2.8%3.2%
Skew 10d8.9%-2.2%29.7%13.2%4.9%
Call IV 25d51.2%37.3%69.6%48.6%37.3%
Put IV 25d55.1%40.4%72.6%51.3%40.4%
Bid-Ask Spread %57.0620.9090.6390.6338.44
Gamma HHI0.220.130.300.200.23
Net GEX-57.8K-494.4K665.6K-308.5K166.0K
Net DEX-1.6M-28.3M12.6M5.2M34.0K
Net VEX-71.4K-103.0K-51.4K-54.1K-99.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.230.1952.501.220.59
Total Volume423.273183,9512092
Total OI3,655.8642,0346,1822,0346,182

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-08-01$213.42$230.0047.4%13.6%54.2%25.8%47.0%2.8%10.4%-308.5K5.2M-54.1K1.2290.639117371,297
2024-08-02$201.88$230.0052.7%15.1%56.8%32.1%42.0%7.8%8.9%-331.9K8.2M-51.4K52.5087.06105257421,298
2024-08-05$195.33$230.0059.6%18.4%57.1%40.5%62.3%6.1%-4.7%-438.5K12.6M-57.9K2.3375.4615357471,665
2024-08-06$196.94$230.0051.4%17.8%57.5%29.8%61.3%2.3%-5.2%-475.7K11.6M-56.4K0.2274.4349117571,610
2024-08-07$194.85$230.0049.2%17.7%57.2%27.1%0.0%2.1%-5.5%-477.9K12.2M-55.4K0.5073.521267801,608
2024-08-08$205.38$230.0046.9%17.3%60.9%24.3%58.2%6.9%-5.4%-494.4K9.2M-57.7K0.3376.912487831,606
2024-08-09$208.47$230.0040.5%16.7%60.3%16.5%58.2%6.5%-4.4%-448.4K7.8M-57.6K0.5074.3232167951,613
2024-08-12$208.81$220.0056.2%17.2%59.6%35.6%59.4%5.3%-6.3%-467.1K7.8M-56.4K0.5971.6629178171,631
2024-08-13$217.80$210.0058.5%17.1%60.3%38.3%60.1%7.3%-7.6%-308.0K4.4M-56.4K0.1974.044288381,634
2024-08-14$217.65$210.0059.5%17.0%58.1%39.5%60.6%5.0%-6.9%-232.6K4.0M-55.9K0.2272.912358441,633
2024-08-15$229.71$210.0061.7%17.7%59.0%42.3%60.7%6.1%-7.9%-195.0K35.5K-56.4K0.8172.5170578611,633
2024-08-16$230.09$210.0063.8%18.3%59.0%44.9%64.8%5.5%-9.9%-230.4K-579.6K-56.6K0.9766.1296939011,662
2024-08-19$231.28$210.0071.2%20.4%57.6%53.8%70.9%2.9%-13.4%-137.7K-362.0K-58.1K0.3854.881,2544757971,402
2024-08-20$270.25$220.0044.8%12.8%80.5%21.7%45.1%1.2%-1.5%585.4K-28.3M-69.4K0.3720.902,8761,0751,9321,823
2024-08-21$271.70$240.0042.8%12.3%75.3%19.3%43.0%1.9%0.1%665.6K-27.2M-93.7K1.6121.531452342,9902,392
2024-08-22$263.19$250.0041.5%11.9%73.8%17.7%41.4%2.9%0.1%542.6K-20.7M-92.7K1.4733.991662443,0012,484
2024-08-23$268.24$250.0039.2%11.2%73.8%14.9%39.7%1.9%-0.1%596.9K-23.5M-91.6K2.3635.61451062,9962,543
2024-08-26$252.19$250.0041.0%11.8%78.0%17.1%40.7%2.0%-0.1%345.9K-10.7M-95.2K1.7333.161612793,0072,624
2024-08-27$247.30$250.0041.2%11.8%76.9%17.4%41.2%1.8%-0.5%124.0K-4.1M-95.7K0.4335.22150653,0352,753
2024-08-28$243.86$250.0042.9%12.3%75.9%19.5%43.3%1.6%-1.3%83.3K-1.0M-98.4K0.7732.053302553,0232,788
2024-08-29$243.94$250.0040.1%11.5%73.9%16.0%39.4%2.5%-0.2%164.4K-1.8M-103.0K0.9940.0379783,1982,967
2024-08-30$241.45$250.0037.3%10.7%70.5%12.6%36.1%3.2%0.8%166.0K34.0K-99.6K0.5938.4458343,2162,966