FPE Options History — January 2020

In January 2020, FPE traded between $20.10 and $20.29. ATM implied volatility averaged 60.1%, placing in the 39.0% IV rank vs the trailing year. The 30-day expected move averaged 11.9%. IV traded above realized volatility by 58.2% (HV 20d: 1.9%). Max pain ranged from $21.00 to $21.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 0.50.

Notable Days

2020-01-30: Highest Volume — 3 contracts
2020-01-07: Largest IV spike — 1108.1% change
2020-01-14: Highest IV Rank — 100.0%
2020-01-03: Largest Expected Move — 20.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$20.22	$20.10	$20.29	$20.10	$20.26
Max Pain	$21.00	$21.00	$21.00	$21.00	$21.00
ATM IV	60.1%	6.8%	152.8%	12.3%	34.8%
Expected Move	11.9%	1.1%	20.2%	3.5%	10.0%
HV 20d	1.9%	1.3%	2.4%	2.3%	1.9%
HV 60d	2.1%	2.1%	2.2%	2.1%	2.2%
IV Rank	39.0%	2.4%	100.0%	6.2%	21.0%
IV Percentile	80.5%	17.9%	100.0%	32.9%	72.2%
Term Structure	-20.0%	-45.8%	113.3%	-5.7%	-19.6%
VWIV	44.2%	44.2%	44.2%	44.2%	44.2%
Skew 25d	26.4%	-9.4%	52.1%	-0.3%	11.8%
Skew 10d	41.9%	1.6%	69.0%	1.6%	30.0%
Call IV 25d	32.5%	6.3%	88.0%	18.3%	62.1%
Put IV 25d	58.8%	6.7%	94.6%	18.0%	73.9%
Bid-Ask Spread %	184.55	55.91	200.00	135.11	192.46
Gamma HHI	0.53	0.50	0.80	0.52	0.80
Net GEX	-32	-124	-6	-66	-91
Net DEX	952	734	1.8K	1.8K	1.7K
Net VEX	-13	-14	-12	-13	-14
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.50	0.50	0.50	0.50	0.50
Total Volume	0.143	0	3	0	0
Total OI	3.048	3	4	3	4

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
2020-01-02	$20.10	$0.00	12.3%	3.5%	2.3%	6.2%	0.0%	-0.3%	-5.7%	-66	1.8K	-13	0.00	135.11	0	0	1	2
2020-01-03	$20.13	$0.00	70.3%	20.2%	2.4%	47.6%	0.0%	6.6%	-30.8%	-16	804	-14	0.00	200.00	0	0	1	2
2020-01-06	$20.15	$21.00	6.8%	1.1%	2.2%	2.4%	0.0%	0.4%	-1.3%	-124	1.7K	-13	0.00	55.91	0	0	1	2
2020-01-07	$20.15	$21.00	82.2%	12.0%	2.2%	56.1%	0.0%	42.4%	-39.4%	-16	799	-14	0.00	194.38	0	0	1	2
2020-01-08	$20.18	$21.00	87.5%	12.0%	2.2%	59.9%	0.0%	43.8%	-39.8%	-17	787	-14	0.00	194.38	0	0	1	2
2020-01-09	$20.19	$21.00	91.7%	12.1%	2.2%	62.9%	0.0%	44.2%	-40.2%	-17	783	-13	0.00	194.38	0	0	1	2
2020-01-10	$20.23	$21.00	99.0%	12.3%	2.2%	68.1%	0.0%	44.8%	-40.7%	-18	768	-13	0.00	194.11	0	0	1	2
2020-01-13	$20.24	$21.00	132.4%	12.9%	2.2%	91.9%	0.0%	46.4%	-43.2%	-18	763	-13	0.00	193.85	0	0	1	2
2020-01-14	$20.24	$21.00	152.8%	12.9%	1.6%	100.0%	0.0%	47.0%	-43.8%	-18	764	-13	0.00	193.85	0	0	1	2
2020-01-15	$20.23	$21.00	46.1%	13.2%	1.3%	28.5%	0.0%	47.6%	-44.4%	-18	770	-13	0.00	193.85	0	0	1	2
2020-01-16	$20.22	$21.00	46.2%	13.3%	1.4%	28.6%	0.0%	48.2%	-45.1%	-17	776	-13	0.00	193.85	0	0	1	2
2020-01-17	$20.27	$21.00	46.8%	13.4%	1.5%	29.0%	0.0%	49.0%	-45.8%	-22	818	-13	0.00	193.85	0	0	1	2
2020-01-21	$20.29	$21.00	49.7%	14.2%	1.5%	30.9%	0.0%	52.1%	113.3%	-13	734	-13	0.00	193.15	0	0	1	2
2020-01-22	$20.26	$21.00	50.0%	14.3%	1.7%	31.2%	0.0%	14.5%	-42.7%	-47	1.1K	-13	0.00	193.41	0	0	1	2
2020-01-23	$20.23	$21.00	51.5%	14.8%	1.8%	32.1%	0.0%	14.6%	-13.6%	-7	771	-13	0.00	193.15	0	0	1	2
2020-01-24	$20.23	$21.00	52.4%	15.0%	1.8%	32.7%	0.0%	14.8%	-14.2%	-6	773	-13	0.00	193.15	0	0	1	2
2020-01-27	$20.20	$21.00	32.7%	9.4%	1.9%	19.6%	0.0%	11.0%	28.4%	-20	861	-12	0.00	193.15	0	0	1	2
2020-01-28	$20.23	$21.00	46.8%	13.4%	2.0%	29.0%	0.0%	-9.4%	-16.6%	-72	1.2K	-12	0.00	193.30	0	0	1	2
2020-01-29	$20.27	$21.00	34.6%	9.9%	2.0%	20.8%	0.0%	11.9%	-16.4%	-20	821	-12	0.00	193.15	0	0	1	2
2020-01-30	$20.26	$21.00	35.4%	10.1%	2.0%	21.4%	44.2%	12.0%	-18.2%	-20	829	-12	0.50	193.15	2	1	1	2
2020-01-31	$20.26	$21.00	34.8%	10.0%	1.9%	21.0%	0.0%	11.8%	-19.6%	-91	1.7K	-14	0.00	192.46	0	0	1	3