FPE Options History — July 2020

In July 2020, FPE traded between $18.49 and $19.03. ATM implied volatility averaged 46.6%, placing in the 23.5% IV rank vs the trailing year. The 30-day expected move averaged 8.3%. IV traded above realized volatility by 38.9% (HV 20d: 7.6%). Max pain ranged from $18.00 to $20.00. Net GEX was positive for 1 of 22 trading days. Term structure was in contango for 18 of 22 days. Put/call ratio averaged 0.09.

Notable Days

2020-07-15: Highest Volume — 65 contracts
2020-07-08: Largest IV spike — 2135.1% change
2020-07-08: Highest IV Rank — 100.0%
2020-07-02: Largest Expected Move — 35.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$18.72	$18.49	$19.03	$18.55	$19.03
Max Pain	$19.50	$18.00	$20.00	$18.00	$19.00
ATM IV	46.6%	7.9%	198.0%	16.5%	8.1%
Expected Move	8.3%	2.3%	35.2%	4.7%	2.3%
HV 20d	7.6%	4.2%	12.0%	11.9%	4.3%
HV 60d	12.4%	9.3%	18.1%	18.1%	9.3%
IV Rank	23.5%	2.2%	100.0%	8.1%	2.3%
IV Percentile	35.8%	6.7%	100.0%	17.1%	6.7%
Term Structure	-0.5%	-96.4%	24.6%	-0.3%	2.1%
VWIV	20.5%	5.9%	46.4%	18.0%	5.9%
Skew 25d	5.4%	-168.5%	67.8%	3.6%	61.4%
Skew 10d	18.2%	-65.9%	93.2%	3.1%	93.2%
Call IV 25d	43.1%	5.9%	194.1%	12.5%	9.0%
Put IV 25d	48.5%	13.4%	125.2%	16.1%	70.5%
Bid-Ask Spread %	122.82	34.97	191.17	188.93	34.97
Gamma HHI	0.43	0.34	0.56	0.34	0.45
Net GEX	-1.6K	-3.5K	883	-233	883
Net DEX	154.1K	109.5K	197.8K	145.5K	162.3K
Net VEX	-485	-680	-194	-515	-485
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.09	0.00	0.28	0.28	0.00
Total Volume	6.682	0	65	0	0
Total OI	195.5	182	202	201	193

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
2020-07-01	$18.55	$18.00	16.5%	4.7%	11.9%	8.1%	0.0%	3.6%	-0.3%	-233	145.5K	-515	0.00	188.93	0	0	50	151
2020-07-02	$18.60	$18.00	122.6%	35.2%	12.0%	75.0%	0.0%	-11.7%	-96.4%	-3.0K	146.9K	-534	0.00	191.17	0	0	50	151
2020-07-06	$18.61	$20.00	147.1%	21.1%	11.0%	90.5%	18.0%	-124.5%	6.3%	-2.0K	109.5K	-680	0.28	182.30	50	14	50	151
2020-07-07	$18.64	$20.00	8.9%	2.5%	11.0%	3.3%	0.0%	0.0%	1.0%	-844	148.5K	-475	0.00	174.66	0	0	50	151
2020-07-08	$18.60	$20.00	198.0%	27.0%	10.9%	100.0%	0.0%	-168.5%	5.4%	-1.9K	114.7K	-640	0.00	159.78	0	0	50	151
2020-07-09	$18.55	$20.00	130.0%	11.5%	10.8%	65.0%	0.0%	3.7%	-1.8%	-2.0K	145.1K	-492	0.00	142.52	0	0	50	151
2020-07-10	$18.56	$20.00	76.7%	7.1%	8.2%	37.6%	0.0%	36.1%	0.6%	-979	141.8K	-513	0.00	136.90	0	0	50	151
2020-07-13	$18.49	$20.00	20.7%	11.9%	8.3%	8.7%	0.0%	35.9%	-9.0%	-194	139.3K	-503	0.00	135.45	1	0	50	151
2020-07-14	$18.53	$20.00	113.3%	7.3%	7.6%	56.4%	0.0%	36.6%	0.2%	-846	142.8K	-499	0.00	134.86	0	0	51	151
2020-07-15	$18.62	$20.00	25.0%	7.2%	7.2%	11.0%	11.7%	18.6%	6.1%	-349	142.4K	-466	0.27	113.59	51	14	51	151
2020-07-16	$18.62	$20.00	11.7%	3.3%	7.2%	4.1%	0.0%	3.8%	24.6%	-699	197.8K	-194	0.00	58.37	0	0	41	151
2020-07-17	$18.71	$20.00	11.0%	3.1%	6.8%	3.7%	0.0%	3.6%	1.8%	-3.3K	178.4K	-339	0.00	93.90	0	0	41	151
2020-07-20	$18.81	$20.00	24.8%	7.1%	7.0%	10.9%	46.4%	0.4%	24.3%	-3.3K	179.5K	-402	0.00	142.50	2	0	31	151
2020-07-21	$18.82	$20.00	9.3%	2.7%	6.9%	2.9%	0.0%	4.1%	4.4%	-3.1K	170.1K	-492	0.00	77.77	0	0	32	151
2020-07-22	$18.81	$20.00	8.9%	2.5%	6.8%	2.7%	5.9%	63.2%	0.9%	-3.5K	170.6K	-490	0.00	76.87	11	0	32	151
2020-07-23	$18.80	$19.00	21.5%	6.2%	5.7%	9.2%	0.0%	2.6%	0.0%	-2.4K	153.5K	-521	0.00	137.91	0	0	43	151
2020-07-24	$18.84	$19.00	8.5%	2.4%	4.9%	2.5%	0.0%	67.8%	3.6%	-834	167.5K	-474	0.00	74.47	0	0	43	151
2020-07-27	$18.93	$19.00	7.9%	2.3%	4.8%	2.2%	0.0%	7.5%	6.3%	-1.4K	161.2K	-495	0.00	129.26	4	0	43	151
2020-07-28	$18.90	$19.00	8.8%	2.5%	4.9%	2.6%	0.0%	67.6%	4.4%	-399	166.1K	-468	0.00	43.23	0	0	43	151
2020-07-29	$18.96	$19.00	22.9%	6.6%	5.0%	9.9%	0.0%	1.6%	1.0%	-2.3K	147.7K	-535	0.00	136.70	0	0	43	151
2020-07-30	$18.96	$19.00	22.1%	6.3%	4.2%	9.5%	0.0%	0.2%	3.6%	-2.6K	158.8K	-459	0.00	135.93	0	0	43	151
2020-07-31	$19.03	$19.00	8.1%	2.3%	4.3%	2.3%	0.0%	61.4%	2.1%	883	162.3K	-485	0.00	34.97	0	0	42	151