FPE Options History — February 2020

In February 2020, FPE traded between $19.64 and $20.47. ATM implied volatility averaged 40.8%, placing in the 25.0% IV rank vs the trailing year. The 30-day expected move averaged 9.2%. IV traded above realized volatility by 38.2% (HV 20d: 2.7%). Max pain ranged from $21.00 to $21.00. Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 1 of 19 days.

Notable Days

  • 2020-02-04: Highest Volume — 4 contracts
  • 2020-02-07: Largest IV spike — 356.2% change
  • 2020-02-11: Highest IV Rank — 55.9%
  • 2020-02-04: Largest Expected Move — 18.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.30$19.64$20.47$20.27$19.64
Max Pain$21.00$21.00$21.00$21.00$21.00
ATM IV40.8%15.1%87.0%36.9%63.4%
Expected Move9.2%2.6%18.8%10.6%18.2%
HV 20d2.7%1.8%6.7%1.9%6.7%
HV 60d2.5%1.9%4.4%2.2%4.4%
IV Rank25.0%7.8%55.9%22.4%40.1%
IV Percentile69.7%36.9%96.8%73.8%87.7%
Term Structure-9.7%-23.9%115.3%-22.6%-20.0%
VWIV64.1%64.1%64.1%64.1%64.1%
Skew 25d3.0%-3.4%20.9%12.2%1.9%
Skew 10d14.9%0.1%41.8%31.4%1.9%
Call IV 25d54.8%9.9%79.3%67.0%79.3%
Put IV 25d57.8%9.5%87.3%79.2%81.2%
Bid-Ask Spread %191.79144.27200.00192.46200.00
Gamma HHI0.570.500.800.780.51
Net GEX-394-636-94-94-221
Net DEX4.9K1.7K6.4K1.7K5.4K
Net VEX-33-38-13-13-34
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume0.3160401
Total OI7.6324947

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2020-02-03$20.27$21.0036.9%10.6%1.9%22.4%0.0%12.2%-22.6%-941.7K-130.00192.460013
2020-02-04$20.29$21.0065.6%18.8%1.9%41.6%0.0%18.7%-23.9%-1132.0K-130.00192.460413
2020-02-05$20.31$21.0015.1%4.3%1.9%7.8%0.0%-0.6%-7.0%-5565.3K-350.00144.270017
2020-02-06$20.37$0.0016.2%2.6%2.0%8.5%0.0%-0.4%-3.9%-6365.0K-350.00146.410017
2020-02-07$20.39$0.0073.7%7.5%2.0%47.0%0.0%2.3%-13.3%-4744.9K-350.00198.760017
2020-02-10$20.41$0.0083.0%7.9%2.0%53.3%0.0%20.9%-15.4%-4654.9K-350.00198.370017
2020-02-11$20.45$0.0087.0%8.0%2.1%55.9%0.0%0.4%-15.6%-1294.6K-350.00198.370017
2020-02-12$20.45$0.0028.3%8.1%2.1%16.6%0.0%0.3%-15.5%-4814.7K-340.00198.370117
2020-02-13$20.45$0.0028.2%8.1%2.0%16.5%0.0%-0.3%-16.0%-5405.8K-380.00198.370018
2020-02-14$20.47$0.0028.5%8.2%2.0%16.8%0.0%-1.5%-17.0%-5365.8K-380.00197.980018
2020-02-18$20.46$0.0030.3%8.7%1.9%18.0%0.0%-1.9%-19.4%-5415.8K-370.00197.980018
2020-02-19$20.45$0.0030.9%8.9%1.9%18.3%0.0%-2.4%-19.5%-5475.9K-360.00197.980018
2020-02-20$20.45$0.0030.9%8.8%1.8%18.3%0.0%-3.4%-19.8%-5796.4K-360.00198.370018
2020-02-21$20.38$0.0031.6%9.1%2.2%18.8%0.0%-1.3%-20.9%-3636.2K-350.00185.100018
2020-02-24$20.30$0.0032.5%9.3%2.7%19.4%0.0%3.4%115.3%-2004.4K-350.00199.130016
2020-02-25$20.12$0.0031.7%9.1%4.2%18.9%0.0%5.0%-15.9%-4404.8K-350.00199.560016
2020-02-26$20.09$0.0031.2%8.9%4.1%18.5%0.0%1.7%-16.9%-3304.8K-350.00200.000016
2020-02-27$19.88$0.0030.7%8.8%5.4%18.2%0.0%2.4%-17.1%-2425.1K-350.00200.000016
2020-02-28$19.64$0.0063.4%18.2%6.7%40.1%64.1%1.9%-20.0%-2215.4K-340.00200.000116