FPE Options History — April 2021

In April 2021, FPE traded between $20.20 and $20.41. ATM implied volatility averaged 10.2%, placing in the 2.8% IV rank vs the trailing year. The 30-day expected move averaged 2.5%. IV traded above realized volatility by 6.8% (HV 20d: 3.4%). Max pain ranged from $20.00 to $20.00. Net GEX was positive for 5 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 1.88.

Notable Days

2021-04-13: Highest Volume — 162 contracts
2021-04-15: Largest IV spike — 149.2% change
2021-04-20: Highest IV Rank — 7.8%
2021-04-20: Largest Expected Move — 5.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$20.34	$20.20	$20.41	$20.20	$20.38
Max Pain	$20.00	$20.00	$20.00	$20.00	$20.00
ATM IV	10.2%	5.6%	19.8%	5.6%	10.8%
Expected Move	2.5%	1.6%	5.7%	1.6%	3.1%
HV 20d	3.4%	2.0%	4.6%	4.6%	2.0%
HV 60d	5.0%	4.6%	5.4%	5.4%	4.6%
IV Rank	2.8%	0.5%	7.8%	0.5%	3.2%
IV Percentile	17.4%	2.4%	46.8%	2.4%	23.0%
Term Structure	-1.2%	-14.4%	12.8%	-0.6%	-2.8%
VWIV	10.2%	6.9%	15.1%	15.1%	8.5%
Skew 25d	0.6%	-5.8%	12.6%	-3.4%	4.0%
Skew 10d	13.4%	0.8%	34.0%	0.8%	20.1%
Call IV 25d	8.9%	5.5%	15.2%	9.3%	9.0%
Put IV 25d	9.5%	6.0%	18.7%	6.0%	13.0%
Bid-Ask Spread %	139.24	119.25	158.04	144.10	131.38
Gamma HHI	0.48	0.32	0.77	0.77	0.50
Net GEX	-12.7K	-26.9K	1.8K	-11.1K	-22.5K
Net DEX	18.8K	-37.4K	77.2K	12.8K	62.9K
Net VEX	-324	-628	-107	-107	-461
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.88	0.00	3.63	2.00	3.63
Total Volume	15.762	0	162	75	0
Total OI	164.381	63	248	63	173

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
2021-04-01	$20.20	$0.00	5.6%	1.6%	4.6%	0.5%	15.1%	-3.4%	-0.6%	-11.1K	12.8K	-107	2.00	144.10	25	50	23	40
2021-04-05	$20.22	$20.00	7.4%	1.7%	4.3%	1.4%	0.0%	12.6%	-0.7%	510	-21.6K	-168	0.00	133.76	0	10	48	90
2021-04-06	$20.27	$20.00	8.4%	1.8%	4.3%	1.9%	6.9%	-1.9%	-1.6%	480	-31.5K	-139	0.00	142.71	0	7	48	100
2021-04-07	$20.30	$20.00	10.8%	1.6%	4.2%	3.2%	0.0%	0.7%	-1.9%	1.8K	-22.9K	-166	0.00	145.62	2	0	48	102
2021-04-08	$20.29	$20.00	8.0%	1.8%	4.2%	1.7%	0.0%	0.0%	-1.0%	475	-37.4K	-119	0.00	136.00	0	0	50	102
2021-04-09	$20.31	$20.00	9.7%	1.9%	4.0%	2.5%	0.0%	-0.5%	-2.0%	1.0K	-34.8K	-138	0.00	130.29	0	0	50	102
2021-04-12	$20.32	$20.00	16.0%	2.0%	3.8%	5.8%	0.0%	3.0%	-1.8%	-336	-26.1K	-141	0.00	137.16	0	0	46	102
2021-04-13	$20.32	$20.00	16.5%	2.4%	3.7%	6.1%	8.5%	-1.5%	-2.9%	-658	-28.6K	-129	3.63	145.37	35	127	46	102
2021-04-14	$20.32	$20.00	7.0%	2.0%	3.7%	1.2%	0.0%	-0.6%	-1.8%	-12.8K	-13.5K	-181	0.00	119.25	0	0	46	129
2021-04-15	$20.38	$20.00	17.4%	5.0%	3.7%	6.5%	0.0%	-1.0%	-14.4%	-10.5K	7.2K	-288	0.00	156.38	0	75	46	129
2021-04-16	$20.37	$20.00	19.1%	5.5%	3.3%	7.4%	0.0%	-5.8%	2.5%	-14.2K	39.3K	-628	0.00	158.04	0	0	46	202
2021-04-19	$20.41	$20.00	9.0%	2.6%	3.0%	2.2%	0.0%	0.3%	12.8%	-15.2K	26.3K	-573	0.00	141.96	0	0	46	152
2021-04-20	$20.39	$20.00	19.8%	5.7%	3.1%	7.8%	0.0%	-2.0%	-6.5%	-23.0K	77.2K	-578	0.00	154.42	0	0	21	152
2021-04-21	$20.34	$20.00	7.0%	2.0%	3.2%	1.1%	0.0%	2.0%	1.8%	-26.1K	43.2K	-318	0.00	140.69	0	0	21	152
2021-04-22	$20.36	$20.00	7.7%	2.2%	3.2%	1.5%	0.0%	6.3%	-1.6%	-16.5K	65.9K	-488	0.00	148.75	0	0	21	152
2021-04-23	$20.38	$20.00	8.4%	2.4%	3.0%	1.9%	0.0%	2.7%	-1.8%	-22.1K	52.1K	-405	0.00	132.24	0	0	21	152
2021-04-26	$20.38	$20.00	6.3%	1.8%	3.0%	0.8%	0.0%	-0.9%	1.8%	-22.9K	51.6K	-419	0.00	123.99	0	0	21	152
2021-04-27	$20.37	$20.00	5.8%	1.7%	3.0%	0.5%	0.0%	-0.0%	-0.3%	-26.9K	55.2K	-448	0.00	135.55	0	0	21	152
2021-04-28	$20.38	$20.00	6.5%	1.9%	2.4%	0.9%	0.0%	-0.7%	-1.6%	-21.0K	63.9K	-482	0.00	138.35	0	0	21	152
2021-04-29	$20.38	$20.00	6.7%	1.9%	2.1%	1.0%	0.0%	-0.3%	-1.7%	-24.8K	54.3K	-438	0.00	128.09	0	0	21	152
2021-04-30	$20.38	$20.00	10.8%	3.1%	2.0%	3.2%	0.0%	4.0%	-2.8%	-22.5K	62.9K	-461	0.00	131.38	0	0	21	152