FPE Options History — July 2018

In July 2018, FPE traded between $19.07 and $19.23. ATM implied volatility averaged 16.5%, placing in the 7.8% IV rank vs the trailing year. The 30-day expected move averaged 4.4%. IV traded above realized volatility by 12.8% (HV 20d: 3.7%). Max pain ranged from $19.00 to $19.00. Net GEX was positive for 11 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 5.83.

Notable Days

2018-07-16: Highest Volume — 9 contracts
2018-07-09: Largest IV spike — 357.1% change
2018-07-09: Highest IV Rank — 15.5%
2018-07-03: Largest Expected Move — 7.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$19.16	$19.07	$19.23	$19.08	$19.19
Max Pain	$19.00	$19.00	$19.00	$19.00	$19.00
ATM IV	16.5%	4.8%	32.0%	25.1%	25.7%
Expected Move	4.4%	1.2%	7.4%	7.2%	7.4%
HV 20d	3.7%	3.2%	3.9%	3.3%	3.7%
HV 60d	3.3%	3.0%	3.5%	3.1%	3.5%
IV Rank	7.8%	1.8%	15.5%	12.0%	12.6%
IV Percentile	28.0%	2.0%	79.8%	55.6%	65.9%
Term Structure	-4.0%	-15.9%	11.3%	-8.8%	-9.5%
VWIV	15.6%	3.3%	27.2%	25.1%	25.5%
Skew 25d	-0.5%	-6.9%	3.7%	0.5%	3.0%
Skew 10d	3.4%	-5.5%	14.2%	2.3%	14.2%
Call IV 25d	18.8%	6.0%	34.6%	33.7%	31.4%
Put IV 25d	18.3%	5.5%	35.5%	34.2%	34.4%
Bid-Ask Spread %	135.72	50.48	166.54	165.63	165.96
Gamma HHI	0.51	0.38	0.77	0.48	0.39
Net GEX	14	-402	423	-107	7
Net DEX	1.9K	-476	3.1K	3.1K	2.0K
Net VEX	-29	-34	-19	-34	-29
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	5.83	3.50	7.00	7.00	6.00
Total Volume	7.905	7	9	8	7
Total OI	7.857	7	9	8	7

Daily Data (21 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
2018-07-02	$19.08	$19.00	25.1%	7.2%	3.3%	12.0%	25.1%	0.5%	-8.8%	-107	3.1K	-34	7.00	165.63	1	7	1	7
2018-07-03	$19.07	$19.00	25.9%	7.4%	3.2%	12.4%	27.2%	0.9%	-7.8%	-116	3.1K	-34	7.00	162.30	1	7	1	7
2018-07-05	$19.09	$19.00	27.5%	5.1%	3.2%	13.3%	17.0%	2.5%	-5.2%	-116	3.1K	-34	7.00	163.14	1	7	1	7
2018-07-06	$19.19	$19.00	7.0%	3.1%	3.8%	2.8%	17.0%	-2.7%	-15.9%	-402	502	-19	7.00	50.48	1	7	1	7
2018-07-09	$19.18	$19.00	32.0%	5.4%	3.8%	15.5%	17.8%	-5.7%	-6.4%	-109	3.1K	-33	7.00	164.97	1	7	1	7
2018-07-10	$19.18	$19.00	8.3%	1.2%	3.8%	3.6%	3.3%	-0.5%	0.2%	-251	513	-22	7.00	104.40	1	7	1	7
2018-07-11	$19.20	$19.00	19.0%	5.4%	3.8%	9.1%	18.1%	-6.8%	-6.2%	-96	2.8K	-32	7.00	160.71	1	7	1	7
2018-07-12	$19.18	$19.00	19.2%	5.5%	3.8%	9.2%	18.6%	3.7%	-6.5%	-110	2.8K	-32	7.00	166.54	1	7	1	7
2018-07-13	$19.22	$19.00	18.9%	5.4%	3.9%	9.1%	18.4%	-6.9%	-6.5%	-101	2.8K	-32	7.00	162.34	1	7	1	7
2018-07-16	$19.20	$19.00	14.2%	4.1%	3.9%	6.6%	8.2%	1.1%	3.9%	-116	2.8K	-31	3.50	162.91	2	7	1	7
2018-07-17	$19.17	$19.00	20.2%	5.8%	3.9%	9.7%	20.2%	3.0%	-8.3%	8	1.7K	-32	3.50	163.52	2	7	2	7
2018-07-18	$19.23	$19.00	13.5%	3.9%	3.8%	6.2%	19.8%	-1.3%	-8.3%	102	1.4K	-31	3.50	110.42	2	7	2	7
2018-07-19	$19.21	$19.00	7.1%	2.0%	3.8%	3.0%	3.6%	1.3%	1.7%	168	1.2K	-29	3.50	146.04	2	7	2	7
2018-07-20	$19.09	$19.00	8.2%	2.4%	3.8%	3.5%	10.4%	-1.7%	-6.1%	242	-476	-26	3.50	91.01	2	7	2	7
2018-07-23	$19.12	$19.00	4.8%	1.4%	3.7%	1.8%	4.2%	-1.6%	11.3%	423	1.3K	-27	6.00	116.23	1	6	1	6
2018-07-24	$19.10	$19.00	6.3%	1.8%	3.7%	2.5%	5.9%	-0.3%	9.9%	349	1.5K	-27	6.00	90.69	1	6	1	6
2018-07-25	$19.15	$19.00	22.8%	6.5%	3.8%	11.1%	22.5%	2.7%	-7.8%	5	2.1K	-30	6.00	165.41	1	6	1	6
2018-07-26	$19.17	$19.00	8.4%	2.4%	3.7%	3.6%	10.7%	-2.4%	-5.3%	259	1.5K	-27	6.00	67.01	1	6	1	6
2018-07-27	$19.18	$19.00	23.8%	6.8%	3.7%	11.6%	24.5%	2.8%	-9.0%	5	2.1K	-29	6.00	165.27	1	6	1	6
2018-07-30	$19.17	$19.00	8.6%	2.5%	3.7%	3.7%	10.2%	-2.5%	5.8%	252	1.4K	-27	6.00	105.08	1	6	1	6
2018-07-31	$19.19	$19.00	25.7%	7.4%	3.7%	12.6%	25.5%	3.0%	-9.5%	7	2.0K	-29	6.00	165.96	1	6	1	6