FN Options History — November 2024

In November 2024, FN traded between $224.41 and $269.36. ATM implied volatility averaged 53.0%, placing in the 31.6% IV rank vs the trailing year. The 30-day expected move averaged 14.3%. IV traded below realized volatility by 6.1% (HV 20d: 59.2%). Max pain ranged from $230.00 to $250.00. Net GEX was positive for 19 of 20 trading days. Term structure was in contango for 2 of 20 days. Put/call ratio averaged 0.88.

Notable Days

2024-11-04: Highest Volume — 999 contracts
2024-11-05: Largest IV drop — 43.3% change
2024-11-04: Highest IV Rank — 97.7%
2024-11-01: Largest Expected Move — 30.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$242.33	$224.41	$269.36	$243.00	$235.06
Max Pain	$238.00	$230.00	$250.00	$240.00	$230.00
ATM IV	53.0%	38.3%	107.3%	105.4%	47.4%
Expected Move	14.3%	12.2%	30.2%	30.2%	13.6%
HV 20d	59.2%	48.2%	70.5%	48.2%	70.5%
HV 60d	56.0%	50.8%	60.2%	57.2%	55.3%
IV Rank	31.6%	13.6%	97.7%	95.3%	24.7%
IV Percentile	69.7%	27.8%	99.6%	99.6%	69.8%
Term Structure	-3.6%	-36.9%	1.8%	-36.9%	-3.4%
VWIV	52.1%	43.5%	102.6%	102.6%	49.0%
Skew 25d	3.5%	0.7%	6.9%	6.3%	4.8%
Skew 10d	7.4%	-0.1%	15.0%	14.0%	0.9%
Call IV 25d	48.7%	42.3%	98.5%	98.5%	45.6%
Put IV 25d	52.3%	44.8%	104.8%	104.8%	50.4%
Bid-Ask Spread %	74.20	53.97	85.58	74.29	82.46
Gamma HHI	0.21	0.12	0.37	0.12	0.14
Net GEX	361.6K	-37.5K	1.1M	140.4K	97.3K
Net DEX	-6.0M	-22.6M	2.7M	-6.0M	-2.9M
Net VEX	-48.8K	-60.6K	-34.7K	-57.1K	-57.4K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.88	0.06	6.00	0.36	0.14
Total Volume	221.3	9	999	328	32
Total OI	3,064	1,356	4,128	3,266	2,316

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
2024-11-01	$243.00	$240.00	105.4%	30.2%	48.2%	95.3%	102.6%	6.3%	-36.9%	140.4K	-6.0M	-57.1K	0.36	74.29	241	87	1,877	1,389
2024-11-04	$240.66	$250.00	107.3%	19.8%	48.3%	97.7%	65.5%	5.1%	-8.1%	212.4K	-6.2M	-60.6K	0.50	53.97	668	331	2,143	1,472
2024-11-05	$229.98	$250.00	60.8%	14.3%	50.4%	41.1%	50.3%	4.5%	-2.3%	100.1K	1.1M	-46.5K	0.50	60.97	331	167	2,391	1,676
2024-11-06	$245.56	$240.00	49.4%	12.8%	54.5%	27.1%	47.3%	5.2%	-1.3%	515.3K	-7.2M	-50.7K	0.22	67.82	348	76	2,410	1,680
2024-11-07	$261.17	$240.00	42.9%	12.3%	58.9%	19.3%	44.3%	2.5%	-1.0%	1.0M	-18.3M	-51.8K	0.71	77.65	77	55	2,477	1,651
2024-11-08	$269.36	$240.00	38.3%	12.2%	57.5%	13.6%	44.0%	3.1%	-1.0%	932.6K	-22.6M	-51.6K	0.44	67.83	113	50	2,424	1,678
2024-11-11	$268.30	$240.00	48.1%	13.1%	57.5%	25.6%	46.9%	6.9%	-1.1%	974.4K	-21.1M	-47.0K	1.32	74.58	19	25	2,387	1,690
2024-11-12	$260.65	$240.00	53.4%	12.9%	56.9%	32.1%	45.7%	0.7%	-0.8%	1.1M	-16.1M	-47.2K	0.16	71.98	104	17	2,394	1,701
2024-11-13	$254.18	$240.00	45.5%	13.1%	56.7%	22.5%	49.5%	3.0%	-1.8%	914.9K	-10.3M	-42.8K	1.83	72.51	18	33	2,361	1,703
2024-11-14	$251.81	$240.00	45.2%	13.0%	56.3%	22.1%	73.5%	3.0%	-1.4%	911.6K	-8.6M	-40.5K	2.00	75.57	3	6	2,363	1,711
2024-11-15	$233.77	$240.00	47.1%	13.5%	51.8%	24.4%	47.8%	3.3%	-2.5%	64.0K	261.2K	-34.7K	0.34	76.29	171	58	2,364	1,696
2024-11-18	$232.71	$240.00	44.0%	12.6%	51.5%	20.5%	43.5%	1.2%	-0.9%	101.2K	-644.7K	-36.5K	6.00	75.95	35	210	795	561
2024-11-19	$247.74	$240.00	44.1%	12.6%	56.4%	20.7%	46.7%	3.8%	-0.8%	51.3K	-2.0M	-44.8K	0.06	73.23	107	6	808	759
2024-11-20	$224.41	$240.00	50.5%	14.5%	66.4%	28.5%	50.0%	3.1%	-3.5%	-37.5K	2.7M	-41.8K	1.08	73.23	293	315	909	761
2024-11-21	$231.53	$230.00	47.6%	13.7%	67.6%	25.0%	49.7%	2.8%	-2.0%	53.7K	-1.2M	-54.7K	0.52	84.19	71	37	1,154	940
2024-11-22	$226.94	$230.00	44.0%	12.6%	67.9%	20.6%	45.3%	1.9%	1.8%	13.5K	768.6K	-53.5K	0.44	76.19	16	7	1,163	954
2024-11-25	$228.86	$230.00	47.1%	13.5%	68.0%	24.4%	46.9%	2.5%	-2.4%	25.4K	257.6K	-51.7K	0.46	78.78	26	12	1,163	958
2024-11-26	$235.25	$230.00	46.9%	13.4%	68.2%	24.1%	46.4%	4.9%	-2.6%	56.6K	-1.7M	-52.3K	0.15	85.58	160	24	1,174	962
2024-11-27	$225.76	$230.00	45.3%	13.0%	69.4%	22.2%	46.7%	2.3%	0.8%	21.1K	715.8K	-53.4K	0.38	81.05	56	21	1,295	970
2024-11-29	$235.06	$230.00	47.4%	13.6%	70.5%	24.7%	49.0%	4.8%	-3.4%	97.3K	-2.9M	-57.4K	0.14	82.46	28	4	1,330	986