FPE Options History — July 2021

In July 2021, FPE traded between $20.59 and $20.69. ATM implied volatility averaged 24.6%, placing in the 12.7% IV rank vs the trailing year. The 30-day expected move averaged 4.6%. IV traded above realized volatility by 22.7% (HV 20d: 1.9%). Max pain ranged from $19.00 to $21.00. Net GEX was positive for 2 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 0.01.

Notable Days

2021-07-16: Highest Volume — 60 contracts
2021-07-19: Largest IV spike — 261.9% change
2021-07-13: Highest IV Rank — 34.5%
2021-07-19: Largest Expected Move — 8.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$20.63	$20.59	$20.69	$20.59	$20.64
Max Pain	$19.71	$19.00	$21.00	$21.00	$20.00
ATM IV	24.6%	8.1%	53.6%	16.3%	10.0%
Expected Move	4.6%	2.2%	8.5%	4.7%	2.9%
HV 20d	1.9%	1.6%	2.4%	1.6%	2.1%
HV 60d	2.0%	1.8%	2.0%	1.9%	2.0%
IV Rank	12.7%	2.4%	34.5%	6.0%	3.7%
IV Percentile	58.9%	14.7%	89.3%	54.4%	24.6%
Term Structure	-2.6%	-8.3%	0.4%	-8.1%	-3.1%
VWIV	9.8%	9.8%	9.8%	9.8%	9.8%
Skew 25d	-0.7%	-3.9%	3.2%	2.7%	-2.5%
Skew 10d	1.6%	-3.5%	6.7%	5.0%	-3.5%
Call IV 25d	11.6%	8.7%	15.9%	12.9%	11.1%
Put IV 25d	10.9%	6.7%	17.5%	15.6%	8.6%
Bid-Ask Spread %	154.29	120.24	177.92	120.24	149.78
Gamma HHI	0.42	0.34	0.60	0.48	0.38
Net GEX	-5.8K	-13.8K	3.0K	-13.8K	-267
Net DEX	7.6K	-20.8K	55.9K	25.6K	-5.0K
Net VEX	-284	-669	-47	-177	-418
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.01	0.00	0.03	0.00	0.03
Total Volume	5.857	0	60	0	0
Total OI	159.81	127	189	127	187

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
2021-07-01	$20.59	$21.00	16.3%	4.7%	1.6%	6.0%	0.0%	2.7%	-8.1%	-13.8K	25.6K	-177	0.00	120.24	0	0	2	125
2021-07-02	$20.62	$21.00	25.6%	7.3%	1.6%	10.8%	0.0%	3.2%	-8.3%	-11.3K	24.7K	-122	0.00	153.90	0	0	2	125
2021-07-06	$20.64	$19.00	29.4%	4.1%	1.6%	12.7%	0.0%	1.2%	0.4%	-11.5K	25.1K	-126	0.00	160.87	1	0	2	125
2021-07-07	$20.63	$19.00	40.6%	5.6%	1.6%	18.6%	0.0%	0.5%	0.4%	-10.7K	28.2K	-126	0.00	177.92	0	0	3	125
2021-07-08	$20.65	$19.00	48.9%	5.8%	1.6%	22.8%	0.0%	-1.0%	0.4%	-9.9K	33.8K	-137	0.00	176.62	0	0	3	125
2021-07-09	$20.66	$19.00	35.2%	2.3%	1.6%	21.5%	0.0%	-0.1%	-3.7%	-8.4K	55.9K	-343	0.00	149.04	0	1	3	125
2021-07-12	$20.65	$19.00	45.0%	2.2%	1.6%	28.4%	0.0%	-0.1%	-2.9%	-10.1K	22.1K	-51	0.00	149.20	0	0	3	125
2021-07-13	$20.65	$19.00	53.6%	2.2%	1.6%	34.5%	0.0%	-0.1%	-3.0%	-9.9K	21.4K	-47	0.00	149.20	0	0	3	125
2021-07-14	$20.68	$19.00	17.1%	4.9%	1.7%	8.7%	0.0%	-0.4%	-3.0%	-11.9K	25.5K	-110	0.00	154.94	20	0	3	125
2021-07-15	$20.69	$19.00	8.1%	2.3%	1.6%	2.4%	9.8%	-0.3%	-1.6%	-7.0K	14.6K	-181	0.03	162.31	40	1	23	125
2021-07-16	$20.69	$20.00	8.2%	2.3%	1.6%	2.4%	0.0%	-2.6%	-1.7%	3.0K	-18.8K	-410	0.00	141.91	0	60	63	126
2021-07-19	$20.62	$20.00	29.6%	8.5%	2.1%	17.6%	0.0%	-1.8%	-2.1%	-6.3K	-11.8K	-669	0.00	162.63	0	0	63	124
2021-07-20	$20.65	$20.00	15.0%	4.3%	2.2%	7.2%	0.0%	-0.8%	-2.1%	-1.4K	-17.1K	-327	0.00	160.14	0	0	63	124
2021-07-21	$20.59	$20.00	19.6%	5.6%	2.4%	10.4%	0.0%	-0.2%	-2.1%	-2.4K	-12.1K	-392	0.00	164.82	0	0	63	124
2021-07-22	$20.60	$20.00	18.3%	5.2%	2.4%	9.5%	0.0%	0.6%	-1.7%	-4.2K	-20.8K	-320	0.00	151.66	0	0	63	124
2021-07-23	$20.61	$20.00	18.6%	5.3%	2.1%	9.8%	0.0%	-0.2%	-2.3%	1.2K	-12.1K	-328	0.00	162.61	0	0	63	124
2021-07-26	$20.62	$20.00	19.1%	5.5%	2.1%	10.1%	0.0%	-3.9%	-2.6%	-2.1K	-6.7K	-418	0.00	147.46	0	0	63	124
2021-07-27	$20.60	$20.00	15.3%	4.4%	2.1%	7.5%	0.0%	-3.5%	-2.8%	-3.5K	-11.3K	-398	0.00	140.69	0	0	63	124
2021-07-28	$20.61	$20.00	18.1%	5.2%	2.1%	9.4%	0.0%	-1.6%	-2.9%	-1.1K	-675	-441	0.00	147.08	0	0	63	124
2021-07-29	$20.62	$20.00	24.1%	6.9%	2.0%	13.7%	0.0%	-3.6%	-3.0%	-466	-1.3K	-422	0.00	156.96	0	0	63	124
2021-07-30	$20.64	$20.00	10.0%	2.9%	2.1%	3.7%	0.0%	-2.5%	-3.1%	-267	-5.0K	-418	0.00	149.78	0	0	63	124