FPE Options History — March 2022

In March 2022, FPE traded between $18.66 and $19.27. ATM implied volatility averaged 21.1%, placing in the 31.5% IV rank vs the trailing year. The 30-day expected move averaged 5.8%. IV traded above realized volatility by 13.1% (HV 20d: 8.1%). Max pain ranged from $19.00 to $20.00. Net GEX was positive for 8 of 23 trading days. Term structure was in contango for 2 of 23 days. Put/call ratio averaged 1.28.

Notable Days

  • 2022-03-25: Highest Volume — 1,520 contracts
  • 2022-03-25: Largest IV spike — 256.2% change
  • 2022-03-25: Highest IV Rank — 89.5%
  • 2022-03-10: Largest Expected Move — 14.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.96$18.66$19.27$19.26$19.04
Max Pain$19.78$19.00$20.00$19.00$20.00
ATM IV21.1%11.6%50.7%19.6%11.6%
Expected Move5.8%2.8%14.7%5.6%3.0%
HV 20d8.1%6.2%9.3%6.3%9.3%
HV 60d5.8%4.5%6.7%4.5%6.7%
IV Rank31.5%11.9%89.5%28.9%11.9%
IV Percentile65.0%36.5%98.8%75.8%36.5%
Term Structure-2.2%-25.1%9.0%-3.8%-1.3%
VWIV20.7%10.8%51.1%18.3%10.8%
Skew 25d7.6%-68.0%23.4%14.1%14.4%
Skew 10d10.8%-111.6%32.1%20.8%23.7%
Call IV 25d18.5%10.8%89.3%10.8%12.8%
Put IV 25d26.1%13.2%38.9%24.9%27.2%
Bid-Ask Spread %84.7737.94142.2886.1993.51
Gamma HHI0.610.440.970.510.97
Net GEX60.6K-15.2K448.1K4.3K448.1K
Net DEX-128.8K-1.2M107.3K32.0K-1.2M
Net VEX-837-2.6K-327-488-2.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.280.072.840.830.08
Total Volume442.826931,5201151,515
Total OI495.2611951,5602641,559

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-03-01$19.26$19.0019.6%5.6%6.3%28.9%18.3%14.1%-3.8%4.3K32.0K-4880.8386.196352163101
2022-03-02$19.27$19.0028.2%8.1%6.2%45.8%26.9%22.6%9.0%-86124.7K-5321.2796.704152163103
2022-03-03$19.20$19.0018.7%5.4%6.3%27.2%18.9%18.2%-1.4%64331.3K-5081.3486.044155163103
2022-03-04$19.07$19.0029.3%8.4%6.5%47.8%34.4%-3.5%-1.2%-1.5K52.8K-4711.34132.504155164103
2022-03-07$18.86$19.0049.4%14.2%7.2%87.1%51.1%18.1%5.8%4.4K13.1K-5371.34142.284155164104
2022-03-08$18.88$20.0017.0%6.1%7.2%23.9%24.0%7.4%-1.6%-5.6K91.0K-3601.3468.954155163104
2022-03-09$18.99$20.0014.1%5.1%7.6%18.3%18.7%7.6%-0.4%-11.9K89.7K-3270.9843.685655163103
2022-03-10$18.98$20.0033.2%14.7%7.4%55.4%47.3%16.8%-11.5%7.2K-13.1K-6710.9885.845655211103
2022-03-11$18.91$20.0014.5%5.7%6.8%19.1%20.0%8.1%-0.1%-10.0K81.6K-4580.9890.505655211103
2022-03-14$18.66$20.0015.8%4.2%7.9%21.6%15.6%7.8%-1.3%-8.7K107.3K-4081.1437.945664211103
2022-03-15$18.70$20.0015.3%4.1%8.0%20.2%14.9%7.5%-1.0%-6.0K101.9K-4242.8447.7456159211113
2022-03-16$18.84$20.0014.6%4.1%8.6%18.9%14.9%6.0%-0.5%-13.0K103.5K-5152.8486.2456159211117
2022-03-17$18.99$20.0013.1%3.9%9.0%15.8%14.2%8.5%-0.0%-15.2K89.1K-5172.8490.5556159211117
2022-03-18$19.07$20.0035.0%8.5%9.2%58.9%26.8%19.0%-2.4%-1.9K71.9K-5842.8499.3056159211117
2022-03-21$19.00$20.0014.7%4.4%9.1%18.9%15.9%11.5%-0.0%-11.0K79.7K-4941.6893.336310686109
2022-03-22$18.98$20.0014.8%4.0%9.1%19.1%14.8%10.4%-1.4%-11.2K75.8K-5351.6640.366410696109
2022-03-23$18.95$20.0014.5%4.1%9.0%17.9%15.6%11.0%-0.4%-11.5K72.3K-5591.6689.606410697109
2022-03-24$18.94$20.0014.2%3.9%8.9%17.5%14.6%10.1%-1.2%-12.1K77.0K-5261.1978.408910697109
2022-03-25$18.81$20.0050.7%5.9%8.9%89.5%21.2%23.4%-25.1%-44655.4K-5660.0793.371,414106121109
2022-03-28$18.82$20.0023.6%2.8%8.9%36.0%13.1%3.1%-9.6%261.9K-668.3K-2.3K0.08115.811,4061061,451109
2022-03-29$18.93$20.0011.7%3.1%9.2%12.0%11.5%-68.0%-0.7%395.6K-1.2M-2.6K0.08101.301,4061081,449109
2022-03-30$18.98$20.0012.2%3.2%9.2%13.0%11.6%0.3%-1.0%393.9K-1.1M-2.5K0.0849.611,4071081,449109
2022-03-31$19.04$20.0011.6%3.0%9.3%11.9%10.8%14.4%-1.3%448.1K-1.2M-2.4K0.0893.511,4071081,450109