FPE Options History — July 2022

In July 2022, FPE traded between $17.25 and $18.02. ATM implied volatility averaged 26.9%, placing in the 32.5% IV rank vs the trailing year. The 30-day expected move averaged 5.9%. IV traded above realized volatility by 19.7% (HV 20d: 7.2%). Max pain ranged from $15.00 to $20.00. Net GEX was positive for 16 of 20 trading days. Term structure was in contango for 10 of 20 days. Put/call ratio averaged 0.18.

Notable Days

2022-07-28: Highest Volume — 251 contracts
2022-07-05: Largest IV spike — 235.6% change
2022-07-06: Highest IV Rank — 83.0%
2022-07-15: Largest Expected Move — 14.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$17.54	$17.25	$18.02	$17.26	$18.02
Max Pain	$19.05	$15.00	$20.00	$15.00	$18.00
ATM IV	26.9%	10.1%	58.1%	14.4%	10.1%
Expected Move	5.9%	2.9%	14.3%	4.1%	2.9%
HV 20d	7.2%	5.5%	9.8%	8.9%	6.5%
HV 60d	8.1%	7.7%	8.4%	7.8%	8.3%
IV Rank	32.5%	5.3%	83.0%	12.2%	5.3%
IV Percentile	62.8%	16.3%	99.6%	42.1%	16.3%
Term Structure	-1.1%	-23.4%	12.8%	-0.3%	1.5%
VWIV	22.7%	10.1%	43.1%	12.8%	10.1%
Skew 25d	10.1%	-3.1%	43.0%	1.7%	43.0%
Skew 10d	13.9%	-1.8%	69.6%	3.3%	69.6%
Call IV 25d	16.1%	8.1%	34.8%	13.3%	9.8%
Put IV 25d	26.2%	11.3%	53.7%	15.0%	52.8%
Bid-Ask Spread %	110.46	61.32	151.03	95.50	93.48
Gamma HHI	0.83	0.46	1.00	0.94	1.00
Net GEX	15.8K	-4.5K	44.5K	14.3K	43.4K
Net DEX	232.2K	162.1K	315.0K	289.0K	162.1K
Net VEX	-461	-624	-249	-308	-515
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.18	0.05	0.34	0.34	0.05
Total Volume	152.4	79	251	79	251
Total OI	459.5	315	496	479	482

Daily Data (20 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
2022-07-01	$17.26	$15.00	14.4%	4.1%	8.9%	12.2%	12.8%	1.7%	-0.3%	14.3K	289.0K	-308	0.34	95.50	59	20	263	216
2022-07-05	$17.27	$20.00	48.3%	7.6%	8.9%	67.2%	32.0%	21.4%	12.8%	8.3K	189.8K	-543	0.34	151.03	59	20	263	216
2022-07-06	$17.25	$20.00	58.1%	6.1%	8.9%	83.0%	40.1%	-1.5%	2.0%	8.0K	215.2K	-421	0.34	138.72	59	20	263	216
2022-07-07	$17.25	$20.00	21.6%	4.1%	8.9%	23.8%	19.5%	-3.0%	-0.4%	14.7K	273.4K	-298	0.33	125.25	61	20	263	216
2022-07-08	$17.42	$20.00	57.0%	7.7%	9.8%	81.3%	42.7%	28.1%	-6.2%	13.2K	206.9K	-394	0.33	129.84	61	20	265	216
2022-07-11	$17.37	$20.00	49.1%	8.6%	9.7%	68.4%	19.3%	22.2%	-10.3%	12.0K	186.8K	-561	0.26	112.68	76	20	280	216
2022-07-12	$17.38	$20.00	25.0%	4.0%	9.2%	29.4%	15.2%	5.8%	2.1%	17.7K	286.1K	-301	0.26	61.32	76	20	280	216
2022-07-13	$17.39	$20.00	13.2%	3.8%	6.5%	10.3%	14.2%	-3.1%	2.3%	7.6K	310.5K	-249	0.26	79.30	76	20	280	216
2022-07-14	$17.35	$20.00	28.5%	8.2%	6.0%	35.0%	39.4%	2.7%	11.5%	13.1K	215.1K	-396	0.26	138.58	76	20	280	216
2022-07-15	$17.50	$20.00	49.9%	14.3%	6.1%	69.8%	23.6%	37.4%	-13.4%	-2.9K	224.9K	-624	0.28	127.93	76	21	280	216
2022-07-18	$17.43	$20.00	15.8%	4.5%	5.5%	14.4%	23.6%	9.3%	-4.8%	-1.7K	315.0K	-263	0.15	92.73	72	11	107	208
2022-07-19	$17.54	$20.00	15.3%	4.4%	5.8%	13.7%	28.6%	11.3%	5.8%	-4.5K	284.8K	-440	0.15	125.28	72	11	107	208
2022-07-20	$17.63	$20.00	40.4%	11.6%	6.0%	54.4%	43.1%	4.3%	-23.4%	-4.1K	242.3K	-577	0.05	140.09	239	11	107	208
2022-07-21	$17.63	$18.00	24.4%	7.0%	6.0%	28.5%	24.4%	2.4%	0.0%	13.9K	220.8K	-584	0.05	126.41	239	11	273	208
2022-07-22	$17.72	$18.00	18.3%	5.3%	6.2%	18.6%	15.6%	1.8%	-3.9%	23.4K	223.8K	-549	0.05	106.97	239	11	273	208
2022-07-25	$17.77	$18.00	13.0%	3.7%	6.1%	10.0%	13.5%	5.2%	-1.1%	30.0K	210.3K	-556	0.05	87.35	239	11	273	208
2022-07-26	$17.73	$18.00	11.2%	3.2%	6.1%	7.1%	11.4%	5.8%	-0.2%	33.3K	227.7K	-520	0.05	83.82	239	11	273	208
2022-07-27	$17.89	$18.00	13.9%	4.0%	6.5%	11.5%	13.7%	6.6%	3.6%	32.4K	180.8K	-571	0.05	113.94	239	11	273	208
2022-07-28	$17.93	$18.00	10.5%	3.0%	6.5%	5.9%	10.5%	1.0%	1.3%	44.5K	179.7K	-550	0.05	78.98	240	11	273	208
2022-07-29	$18.02	$18.00	10.1%	2.9%	6.5%	5.3%	10.1%	43.0%	1.5%	43.4K	162.1K	-515	0.05	93.48	240	11	274	208