FPE Options History — November 2021

In November 2021, FPE traded between $20.13 and $20.56. ATM implied volatility averaged 14.6%, placing in the 7.0% IV rank vs the trailing year. The 30-day expected move averaged 3.8%. IV traded above realized volatility by 12.3% (HV 20d: 2.3%). Max pain ranged from $20.00 to $21.00. Net GEX was positive for 13 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 2.55.

Notable Days

2021-11-01: Highest Volume — 140 contracts
2021-11-08: Largest IV spike — 140.3% change
2021-11-22: Highest IV Rank — 16.8%
2021-11-22: Largest Expected Move — 8.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$20.40	$20.13	$20.56	$20.48	$20.13
Max Pain	$20.27	$20.00	$21.00	$21.00	$20.00
ATM IV	14.6%	8.0%	28.6%	20.7%	11.1%
Expected Move	3.8%	2.3%	8.2%	5.9%	3.2%
HV 20d	2.3%	1.8%	3.1%	2.5%	3.1%
HV 60d	2.7%	2.6%	2.9%	2.7%	2.9%
IV Rank	7.0%	2.3%	16.8%	11.2%	4.5%
IV Percentile	44.3%	17.1%	79.8%	65.9%	42.5%
Term Structure	-5.7%	-38.4%	1.2%	-5.3%	-3.0%
VWIV	14.2%	9.4%	24.3%	18.8%	11.1%
Skew 25d	4.3%	-0.6%	11.7%	4.6%	11.7%
Skew 10d	7.9%	-2.3%	22.5%	2.5%	22.5%
Call IV 25d	9.0%	5.2%	11.5%	6.5%	9.7%
Put IV 25d	13.3%	7.9%	21.5%	11.1%	21.5%
Bid-Ask Spread %	134.44	117.99	153.97	139.83	133.66
Gamma HHI	0.65	0.43	0.94	0.75	0.74
Net GEX	4.0K	-1.5K	13.4K	9.0K	-1.3K
Net DEX	-15.7K	-38.9K	7.0K	-24.8K	7.0K
Net VEX	-97	-190	-29	-152	-29
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	2.55	1.17	3.69	1.98	1.33
Total Volume	93.81	13	140	140	14
Total OI	114.667	13	159	159	13

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
2021-11-01	$20.48	$21.00	20.7%	5.9%	2.5%	11.2%	18.8%	4.6%	-5.3%	9.0K	-24.8K	-152	1.98	139.83	47	93	68	91
2021-11-02	$20.49	$21.00	22.5%	6.4%	2.4%	12.5%	24.3%	0.9%	-13.5%	4.7K	-26.1K	-190	1.98	146.18	47	93	68	91
2021-11-03	$20.50	$21.00	20.9%	6.0%	2.3%	11.4%	23.2%	1.1%	-9.7%	7.2K	-26.6K	-165	1.98	136.75	47	93	68	91
2021-11-04	$20.52	$0.00	22.3%	3.0%	2.3%	12.4%	0.0%	6.2%	1.2%	5.0K	-37.7K	-176	1.98	135.77	47	93	68	87
2021-11-05	$20.56	$0.00	9.8%	3.6%	2.3%	3.6%	0.0%	0.4%	-1.9%	13.4K	-33.3K	-112	3.44	122.49	27	93	68	87
2021-11-08	$20.56	$0.00	23.7%	4.3%	2.2%	13.3%	0.0%	-0.6%	-4.1%	6.2K	-32.9K	-149	3.44	153.72	27	93	66	87
2021-11-09	$20.56	$0.00	26.6%	5.1%	2.2%	15.4%	0.0%	-0.6%	-5.6%	6.2K	-38.9K	-139	3.44	135.00	27	93	66	87
2021-11-10	$20.50	$0.00	8.7%	2.5%	2.2%	2.8%	0.0%	3.8%	-1.3%	4.3K	-32.5K	-150	3.44	130.03	27	93	66	87
2021-11-11	$20.45	$0.00	8.6%	2.5%	2.1%	2.7%	0.0%	-0.1%	-1.8%	9.8K	-9.2K	-62	3.48	117.99	27	94	66	87
2021-11-12	$20.45	$0.00	8.8%	2.5%	2.1%	2.9%	0.0%	0.2%	-2.3%	7.5K	-24.9K	-113	3.48	125.97	27	94	66	88
2021-11-15	$20.43	$0.00	8.6%	2.5%	2.2%	2.7%	0.0%	1.7%	-2.1%	9.5K	-14.9K	-76	3.48	142.60	27	94	66	88
2021-11-16	$20.42	$0.00	9.0%	2.6%	2.1%	3.0%	0.0%	4.2%	-1.8%	7.0K	-22.7K	-91	3.48	126.68	27	94	66	88
2021-11-17	$20.41	$0.00	9.6%	2.7%	2.1%	3.4%	10.5%	-0.5%	-2.9%	-215	-15.2K	-119	3.69	125.77	26	96	66	88
2021-11-18	$20.39	$20.00	8.7%	2.5%	1.8%	2.8%	12.3%	9.3%	-0.8%	3.1K	-21.7K	-88	3.56	138.43	27	96	67	90
2021-11-19	$20.41	$20.00	20.2%	5.8%	1.8%	10.9%	16.0%	4.5%	-19.1%	-370	-2.6K	-53	3.52	132.28	27	95	68	90
2021-11-22	$20.38	$20.00	28.6%	8.2%	1.9%	16.8%	14.1%	9.0%	-38.4%	-438	2.8K	-50	1.17	121.53	6	7	6	7
2021-11-23	$20.25	$20.00	9.6%	2.8%	2.8%	3.4%	9.7%	5.5%	-1.5%	-1.5K	5.4K	-35	1.17	138.99	6	7	6	7
2021-11-24	$20.23	$20.00	10.3%	3.0%	2.8%	3.9%	10.3%	8.2%	-3.1%	-1.3K	6.0K	-33	1.17	153.97	6	7	6	7
2021-11-26	$20.15	$20.00	8.0%	2.3%	3.0%	2.3%	9.4%	10.8%	1.0%	-1.5K	6.3K	-34	1.17	132.50	6	7	6	7
2021-11-29	$20.16	$20.00	10.7%	3.1%	3.1%	4.2%	10.7%	10.8%	-3.7%	-1.5K	6.8K	-29	1.17	133.19	6	7	6	7
2021-11-30	$20.13	$20.00	11.1%	3.2%	3.1%	4.5%	11.1%	11.7%	-3.0%	-1.3K	7.0K	-29	1.33	133.66	6	8	6	7