FPE Options History — January 2021

In January 2021, FPE traded between $20.11 and $20.35. ATM implied volatility averaged 41.4%, placing in the 17.7% IV rank vs the trailing year. The 30-day expected move averaged 7.1%. IV traded above realized volatility by 36.9% (HV 20d: 4.5%). Max pain ranged from $19.00 to $20.00. Net GEX was positive for 5 of 19 trading days. Term structure was in contango for 0 of 19 days. Put/call ratio averaged 0.67.

Notable Days

2021-01-26: Highest Volume — 25 contracts
2021-01-08: Largest IV spike — 216.1% change
2021-01-12: Highest IV Rank — 72.9%
2021-01-12: Largest Expected Move — 14.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$20.21	$20.11	$20.35	$20.19	$20.11
Max Pain	$19.16	$19.00	$20.00	$19.00	$20.00
ATM IV	41.4%	7.7%	146.5%	80.0%	12.8%
Expected Move	7.1%	2.2%	14.1%	13.0%	3.7%
HV 20d	4.5%	3.6%	5.3%	3.7%	5.2%
HV 60d	5.1%	4.9%	5.3%	4.9%	5.0%
IV Rank	17.7%	0.0%	72.9%	38.3%	2.7%
IV Percentile	37.1%	0.0%	98.0%	86.9%	13.9%
Term Structure	-5.2%	-13.9%	-0.1%	-11.9%	-1.2%
VWIV	9.8%	8.1%	11.9%	8.2%	11.9%
Skew 25d	7.1%	-27.7%	45.2%	2.0%	6.9%
Skew 10d	8.0%	-69.3%	23.7%	19.0%	-69.3%
Call IV 25d	27.6%	8.2%	59.4%	59.4%	8.2%
Put IV 25d	34.7%	6.2%	64.9%	61.4%	15.2%
Bid-Ask Spread %	157.59	107.03	184.05	184.05	126.47
Gamma HHI	0.71	0.50	1.00	0.78	0.55
Net GEX	-1.9K	-8.0K	749	-1.1K	-8.0K
Net DEX	8.5K	-6.9K	19.6K	16.5K	19.6K
Net VEX	-62	-92	-11	-92	-82
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.67	0.00	2.00	2.00	0.00
Total Volume	1.895	0	25	0	0
Total OI	40.947	33	66	34	66

Daily Data (19 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
2021-01-04	$20.19	$19.00	80.0%	13.0%	3.7%	38.3%	0.0%	2.0%	-11.9%	-1.1K	16.5K	-92	0.00	184.05	0	0	4	30
2021-01-05	$20.23	$19.00	83.8%	13.2%	3.6%	40.3%	0.0%	3.0%	-11.2%	-1.1K	16.1K	-91	0.00	183.53	0	0	4	30
2021-01-06	$20.16	$19.00	49.6%	12.8%	3.8%	21.9%	0.0%	15.7%	-9.0%	-1.2K	16.3K	-90	0.00	183.15	0	0	4	30
2021-01-07	$20.20	$19.00	31.3%	7.8%	3.9%	12.3%	0.0%	45.2%	-1.5%	-1.8K	11.5K	-79	0.00	162.01	0	0	4	30
2021-01-08	$20.23	$19.00	99.0%	13.5%	3.9%	47.9%	0.0%	17.9%	-12.4%	-1.2K	15.5K	-88	0.00	150.58	0	0	4	30
2021-01-11	$20.18	$19.00	131.2%	13.7%	4.0%	64.8%	0.0%	23.3%	-13.1%	-1.2K	15.8K	-85	0.00	182.19	0	0	4	30
2021-01-12	$20.11	$19.00	146.5%	14.1%	4.2%	72.9%	0.0%	24.0%	-13.9%	-1.2K	16.4K	-84	0.00	182.60	0	0	4	30
2021-01-13	$20.23	$19.00	48.6%	13.9%	4.7%	21.4%	0.0%	23.4%	-12.8%	-1.3K	15.3K	-80	0.00	182.01	0	0	4	30
2021-01-14	$20.26	$19.00	7.7%	2.2%	4.5%	0.0%	0.0%	-27.7%	-0.6%	-2.2K	5.9K	-56	0.00	165.68	0	0	4	30
2021-01-15	$20.28	$19.00	9.5%	2.7%	4.5%	1.0%	0.0%	1.4%	-0.4%	749	-3.7K	-11	0.00	174.21	0	0	4	30
2021-01-19	$20.23	$19.00	8.8%	2.5%	4.4%	0.6%	8.2%	2.1%	-0.1%	740	-3.5K	-11	2.00	155.47	3	6	3	30
2021-01-20	$20.35	$19.00	9.4%	2.7%	4.9%	0.9%	0.0%	-12.1%	-2.4%	-1.5K	988	-47	0.00	173.34	0	0	5	36
2021-01-21	$20.24	$19.00	8.0%	2.3%	5.3%	0.2%	8.1%	-12.0%	-0.2%	-1.9K	-681	-46	0.00	152.68	1	0	5	36
2021-01-22	$20.24	$19.00	10.5%	3.0%	4.8%	1.5%	0.0%	1.9%	-2.1%	552	-6.6K	-25	0.00	107.03	0	0	6	36
2021-01-25	$20.21	$19.00	11.1%	3.2%	4.8%	1.8%	11.1%	2.5%	-0.9%	167	-6.9K	-19	0.00	133.23	1	0	6	36
2021-01-26	$20.24	$19.00	11.9%	3.4%	4.8%	2.2%	11.9%	3.0%	-0.7%	137	-5.9K	-16	0.00	115.16	0	25	5	36
2021-01-27	$20.12	$20.00	12.8%	3.7%	5.2%	2.7%	0.0%	6.9%	-1.8%	-7.5K	19.6K	-88	0.00	137.52	0	0	5	61
2021-01-28	$20.14	$20.00	13.6%	3.9%	5.2%	3.1%	0.0%	7.4%	-2.4%	-7.3K	19.0K	-88	0.00	143.23	0	0	5	61
2021-01-29	$20.11	$20.00	12.8%	3.7%	5.2%	2.7%	0.0%	6.9%	-1.2%	-8.0K	19.6K	-82	0.00	126.47	0	0	5	61