FPE Options History — November 2018

In November 2018, FPE traded between $18.35 and $18.86. ATM implied volatility averaged 30.8%, placing in the 13.7% IV rank vs the trailing year. The 30-day expected move averaged 6.3%. IV traded above realized volatility by 27.3% (HV 20d: 3.6%). Max pain ranged from $18.00 to $18.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 0.53.

Notable Days

2018-11-02: Highest Volume — 17 contracts
2018-11-14: Largest IV drop — 78.5% change
2018-11-13: Highest IV Rank — 32.9%
2018-11-01: Largest Expected Move — 9.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$18.64	$18.35	$18.86	$18.78	$18.35
Max Pain	$18.00	$18.00	$18.00	$18.00	$18.00
ATM IV	30.8%	12.5%	67.3%	32.6%	20.9%
Expected Move	6.3%	2.0%	9.3%	9.3%	6.0%
HV 20d	3.6%	2.7%	4.7%	3.2%	4.4%
HV 60d	3.2%	2.9%	3.7%	3.0%	3.6%
IV Rank	13.7%	4.0%	32.9%	14.7%	8.5%
IV Percentile	68.8%	9.9%	98.8%	89.3%	35.3%
Term Structure	-1.9%	-17.1%	161.0%	-12.0%	-10.9%
VWIV	25.4%	13.8%	37.0%	37.0%	13.8%
Skew 25d	9.8%	-1.7%	15.3%	-1.7%	9.8%
Skew 10d	1.7%	-11.9%	22.1%	-11.9%	22.1%
Call IV 25d	15.4%	6.0%	38.7%	38.7%	10.3%
Put IV 25d	25.2%	10.7%	37.0%	37.0%	20.1%
Bid-Ask Spread %	154.92	119.13	169.22	164.61	149.28
Gamma HHI	0.68	0.53	0.78	0.66	0.71
Net GEX	784	196	1.3K	741	839
Net DEX	-7.6K	-9.7K	-4.8K	-8.1K	-5.3K
Net VEX	-44	-50	-36	-48	-36
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.53	0.50	0.60	0.60	0.50
Total Volume	16.095	15	17	16	15
Total OI	16.048	15	17	16	15

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
2018-11-01	$18.78	$18.00	32.6%	9.3%	3.2%	14.7%	37.0%	-1.7%	-12.0%	741	-8.1K	-48	0.60	164.61	10	6	10	6
2018-11-02	$18.79	$18.00	25.6%	7.4%	3.2%	11.0%	13.8%	6.5%	-10.1%	934	-8.7K	-46	0.55	119.13	11	6	10	6
2018-11-05	$18.79	$0.00	39.6%	5.7%	3.1%	18.4%	0.0%	12.0%	-15.6%	879	-9.0K	-48	0.55	163.67	11	6	11	6
2018-11-06	$18.82	$0.00	37.9%	5.5%	3.2%	17.4%	0.0%	12.1%	-14.7%	896	-9.2K	-47	0.55	163.56	11	6	11	6
2018-11-07	$18.86	$0.00	26.1%	2.0%	3.0%	11.2%	0.0%	12.5%	-2.3%	673	-9.3K	-50	0.55	128.18	11	6	11	6
2018-11-08	$18.86	$0.00	39.0%	5.5%	2.8%	18.0%	0.0%	11.4%	-14.9%	966	-9.7K	-46	0.55	165.17	11	6	11	6
2018-11-09	$18.85	$0.00	44.1%	5.6%	2.8%	20.7%	0.0%	11.3%	-15.2%	942	-9.5K	-45	0.55	164.85	11	6	11	6
2018-11-12	$18.84	$0.00	58.3%	5.8%	2.8%	28.2%	0.0%	11.5%	-15.8%	951	-9.4K	-44	0.55	163.82	11	6	11	6
2018-11-13	$18.84	$0.00	67.3%	6.0%	2.7%	32.9%	0.0%	11.9%	-17.1%	948	-9.4K	-44	0.55	165.16	11	6	11	6
2018-11-14	$18.78	$0.00	14.4%	4.1%	2.8%	5.1%	0.0%	13.5%	-2.8%	971	-9.0K	-44	0.55	155.35	11	6	11	6
2018-11-15	$18.70	$0.00	12.5%	3.6%	3.1%	4.0%	0.0%	2.3%	-7.2%	1.3K	-8.4K	-41	0.55	142.32	11	6	11	6
2018-11-16	$18.64	$0.00	16.3%	4.7%	3.2%	6.1%	0.0%	15.3%	-4.2%	799	-7.6K	-43	0.55	148.98	11	6	11	6
2018-11-19	$18.60	$0.00	25.1%	7.2%	3.2%	10.7%	0.0%	12.3%	161.0%	713	-7.3K	-44	0.50	164.38	10	5	10	5
2018-11-20	$18.49	$0.00	26.7%	7.6%	3.5%	11.5%	0.0%	12.9%	-6.1%	748	-6.5K	-42	0.50	147.86	10	5	10	5
2018-11-21	$18.35	$0.00	26.2%	7.5%	4.3%	11.3%	0.0%	8.9%	-7.2%	582	-5.7K	-44	0.50	169.22	10	5	10	5
2018-11-23	$18.44	$0.00	27.5%	7.9%	4.7%	12.0%	0.0%	11.0%	-7.8%	634	-6.2K	-43	0.50	164.80	10	5	10	5
2018-11-26	$18.44	$0.00	28.5%	8.2%	4.7%	12.5%	0.0%	10.5%	-7.1%	196	-4.8K	-45	0.50	159.67	10	5	10	5
2018-11-27	$18.43	$0.00	29.1%	8.3%	4.7%	12.8%	0.0%	10.0%	-9.4%	419	-5.2K	-41	0.50	167.55	10	5	10	5
2018-11-28	$18.39	$0.00	29.8%	8.6%	4.7%	13.2%	0.0%	9.6%	-10.1%	610	-5.8K	-41	0.50	159.05	10	5	10	5
2018-11-29	$18.38	$0.00	19.6%	5.6%	4.6%	7.8%	0.0%	1.1%	-9.6%	707	-5.7K	-40	0.50	126.65	10	5	10	5
2018-11-30	$18.35	$0.00	20.9%	6.0%	4.4%	8.5%	0.0%	9.8%	-10.9%	839	-5.3K	-36	0.50	149.28	10	5	10	5