FPE Options History — March 2020

In March 2020, FPE traded between $14.03 and $20.04. ATM implied volatility averaged 90.4%, placing in the 55.8% IV rank vs the trailing year. The 30-day expected move averaged 23.9%. IV traded above realized volatility by 47.9% (HV 20d: 42.5%). Max pain ranged from $20.00 to $21.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 0 of 22 days. Put/call ratio averaged 1.00.

Notable Days

2020-03-10: Highest Volume — 12 contracts
2020-03-12: Largest IV spike — 197.1% change
2020-03-12: Highest IV Rank — 100.0%
2020-03-12: Largest Expected Move — 46.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$17.28	$14.03	$20.04	$19.74	$16.53
Max Pain	$20.86	$20.00	$21.00	$20.00	$21.00
ATM IV	90.4%	50.9%	162.3%	96.8%	86.8%
Expected Move	23.9%	12.6%	46.5%	27.8%	24.9%
HV 20d	42.5%	7.1%	83.0%	7.1%	82.9%
HV 60d	25.3%	4.6%	47.7%	4.6%	47.7%
IV Rank	55.8%	29.9%	100.0%	62.5%	52.5%
IV Percentile	91.0%	74.2%	100.0%	98.4%	92.9%
Term Structure	-21.3%	-39.3%	-7.5%	-22.6%	-29.8%
VWIV	76.9%	48.2%	105.7%	48.2%	105.7%
Skew 25d	-8.4%	-68.3%	10.2%	2.8%	2.7%
Skew 10d	-6.7%	-64.3%	39.5%	2.8%	-51.8%
Call IV 25d	95.9%	53.1%	190.1%	84.3%	101.7%
Put IV 25d	87.5%	23.8%	167.8%	87.1%	104.4%
Bid-Ask Spread %	183.42	141.78	200.00	199.11	159.57
Gamma HHI	0.53	0.45	0.62	0.54	0.49
Net GEX	-399	-766	-217	-246	-595
Net DEX	18.4K	5.9K	29.8K	6.2K	27.3K
Net VEX	-53	-83	-35	-36	-56
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.00	1.00	1.00	1.00	1.00
Total Volume	1.455	0	12	0	1
Total OI	22.455	8	30	8	30

Daily Data (22 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
2020-03-02	$19.74	$20.00	96.8%	27.8%	7.1%	62.5%	0.0%	2.8%	-22.6%	-246	6.2K	-36	0.00	199.11	0	0	1	7
2020-03-03	$19.86	$20.00	66.5%	19.1%	7.5%	42.2%	0.0%	4.8%	-23.8%	-348	6.1K	-36	0.00	200.00	0	0	1	7
2020-03-04	$20.04	$20.00	51.7%	14.8%	8.3%	32.3%	0.0%	2.6%	-23.3%	-296	5.9K	-36	0.00	200.00	0	0	1	7
2020-03-05	$19.97	$0.00	70.7%	12.6%	8.3%	45.0%	48.2%	5.3%	-7.5%	-289	6.0K	-35	1.00	200.00	3	3	1	7
2020-03-06	$19.62	$21.00	76.9%	13.5%	10.1%	49.1%	0.0%	2.1%	-9.8%	-352	8.3K	-49	0.00	198.76	0	0	4	10
2020-03-09	$19.34	$21.00	92.4%	16.1%	11.0%	59.5%	0.0%	1.8%	-9.2%	-269	8.2K	-48	0.00	198.52	0	3	4	10
2020-03-10	$19.02	$21.00	136.5%	22.5%	12.0%	89.1%	0.0%	-2.1%	-15.2%	-313	10.3K	-56	0.00	198.97	0	12	4	13
2020-03-11	$19.03	$21.00	54.6%	15.7%	11.9%	34.2%	0.0%	-3.5%	-11.1%	-756	18.0K	-83	0.00	194.75	0	0	4	23
2020-03-12	$17.65	$21.00	162.3%	46.5%	28.0%	100.0%	0.0%	-16.9%	-34.9%	-281	17.1K	-80	0.00	197.24	0	0	4	23
2020-03-13	$17.56	$21.00	59.3%	17.0%	27.9%	35.2%	76.8%	-8.5%	-12.6%	-594	22.6K	-75	1.00	194.38	3	3	4	23
2020-03-16	$16.05	$21.00	122.6%	35.1%	40.1%	75.0%	0.0%	-40.4%	-32.3%	-324	22.1K	-65	0.00	192.00	0	0	4	23
2020-03-17	$15.97	$21.00	76.9%	22.1%	40.0%	46.3%	0.0%	-29.3%	-30.6%	-288	21.1K	-64	0.00	192.88	0	0	4	23
2020-03-18	$14.25	$21.00	50.9%	14.6%	53.5%	29.9%	0.0%	0.0%	-7.9%	-217	22.9K	-48	0.00	196.69	0	0	4	23
2020-03-19	$15.16	$21.00	83.2%	23.9%	60.4%	50.2%	0.0%	10.2%	-20.3%	-337	26.2K	-48	0.00	175.37	0	0	4	23
2020-03-20	$14.16	$21.00	153.9%	44.1%	63.0%	94.7%	0.0%	-22.3%	-39.3%	-219	21.9K	-52	0.00	187.56	0	1	4	23
2020-03-23	$14.03	$21.00	123.4%	35.4%	62.9%	75.5%	105.7%	-41.4%	-29.4%	-248	23.6K	-46	0.00	172.15	0	1	4	23
2020-03-24	$15.35	$21.00	119.2%	34.2%	73.7%	72.9%	0.0%	-68.3%	-32.3%	-342	23.4K	-56	0.00	163.79	0	0	4	24
2020-03-25	$16.27	$21.00	114.3%	32.8%	78.0%	69.8%	0.0%	4.4%	-29.1%	-402	22.7K	-62	0.00	173.02	0	1	4	24
2020-03-26	$17.27	$21.00	67.9%	19.5%	81.8%	40.6%	0.0%	7.8%	-17.7%	-667	25.8K	-52	0.00	152.57	0	0	4	25
2020-03-27	$16.55	$21.00	70.2%	20.1%	82.8%	42.0%	0.0%	4.8%	-14.4%	-628	28.4K	-46	0.00	146.12	0	1	4	25
2020-03-30	$16.77	$21.00	50.9%	14.6%	83.0%	29.9%	0.0%	6.1%	-14.7%	-766	29.8K	-40	0.00	141.78	0	0	4	26
2020-03-31	$16.53	$21.00	86.8%	24.9%	82.9%	52.5%	0.0%	2.7%	-29.8%	-595	27.3K	-56	0.00	159.57	0	1	4	26