FPE Options History — September 2022

In September 2022, FPE traded between $16.63 and $18.73. ATM implied volatility averaged 30.4%, placing in the 26.2% IV rank vs the trailing year. The 30-day expected move averaged 7.3%. IV traded below realized volatility by 18.3% (HV 20d: 48.7%). Max pain ranged from $16.00 to $18.00. Net GEX was positive for 10 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 0.36.

Notable Days

2022-09-16: Highest Volume — 158 contracts
2022-09-13: Largest IV spike — 598.2% change
2022-09-13: Highest IV Rank — 100.0%
2022-09-30: Largest Expected Move — 14.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$17.33	$16.63	$18.73	$17.56	$16.70
Max Pain	$17.27	$16.00	$18.00	$18.00	$16.00
ATM IV	30.4%	10.9%	102.0%	14.0%	50.4%
Expected Move	7.3%	2.0%	14.4%	4.0%	14.4%
HV 20d	48.7%	40.3%	54.7%	40.4%	54.7%
HV 60d	32.3%	23.6%	39.0%	24.1%	39.0%
IV Rank	26.2%	6.6%	100.0%	11.6%	45.7%
IV Percentile	71.3%	20.2%	100.0%	42.9%	96.8%
Term Structure	-6.7%	-31.7%	5.9%	2.4%	-9.2%
VWIV	41.5%	35.5%	57.8%	35.5%	57.8%
Skew 25d	6.9%	-14.8%	33.3%	6.2%	33.3%
Skew 10d	7.7%	-9.6%	30.1%	4.4%	7.7%
Call IV 25d	22.6%	8.0%	47.9%	11.1%	33.0%
Put IV 25d	29.4%	14.6%	66.2%	17.3%	66.2%
Bid-Ask Spread %	122.42	68.94	167.42	81.70	167.42
Gamma HHI	0.67	0.24	1.00	0.99	0.24
Net GEX	4.8K	-1.6K	22.7K	14.5K	-568
Net DEX	13.8K	-116.0K	54.6K	-7.0K	29.2K
Net VEX	-238	-320	-165	-320	-280
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.36	0.00	0.62	0.12	0.60
Total Volume	45.571	0	158	0	77
Total OI	144.286	96	180	179	119

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
2022-09-01	$17.56	$18.00	14.0%	4.0%	40.4%	11.6%	0.0%	6.2%	2.4%	14.5K	-7.0K	-320	0.00	81.70	0	0	126	53
2022-09-02	$17.56	$18.00	10.9%	3.1%	40.3%	6.6%	0.0%	2.5%	0.3%	16.5K	3.5K	-305	0.00	90.91	0	0	126	53
2022-09-06	$17.49	$0.00	21.0%	4.2%	40.3%	22.9%	0.0%	3.9%	5.7%	10.8K	-5.3K	-293	0.12	75.92	123	15	126	53
2022-09-07	$17.55	$0.00	17.6%	2.0%	40.4%	17.5%	0.0%	9.2%	5.9%	12.2K	-1.2K	-278	0.12	80.53	123	15	126	53
2022-09-08	$17.55	$0.00	12.8%	3.3%	40.3%	9.6%	0.0%	3.4%	2.4%	10.9K	27.6K	-226	0.00	68.94	0	0	126	53
2022-09-09	$17.62	$0.00	11.6%	3.5%	40.3%	7.6%	0.0%	3.9%	1.5%	11.6K	27.4K	-225	0.00	97.72	0	0	126	53
2022-09-12	$17.70	$0.00	14.6%	3.4%	40.4%	12.6%	0.0%	0.6%	2.0%	22.7K	-2.2K	-261	0.00	96.54	0	0	126	54
2022-09-13	$17.55	$0.00	102.0%	4.7%	40.4%	100.0%	0.0%	1.7%	-11.9%	6.0K	-41.5K	-270	0.13	158.82	123	16	126	54
2022-09-14	$16.63	$0.00	28.1%	8.1%	44.4%	22.3%	0.0%	5.4%	-14.2%	3.8K	-8.9K	-228	0.00	119.90	0	0	126	53
2022-09-15	$18.73	$0.00	40.3%	11.6%	54.7%	35.2%	0.0%	-7.2%	-8.7%	2.5K	-116.0K	-259	0.00	162.36	0	0	126	53
2022-09-16	$17.45	$0.00	37.4%	10.7%	54.7%	32.1%	0.0%	-10.1%	-13.8%	-824	32.6K	-195	0.14	137.12	138	20	126	53
2022-09-19	$17.41	$0.00	22.9%	6.6%	54.6%	16.9%	35.5%	-14.8%	5.6%	-1.4K	34.2K	-222	0.00	125.07	2	0	39	57
2022-09-20	$17.34	$18.00	35.8%	10.2%	54.4%	30.4%	0.0%	1.6%	-31.7%	-1.6K	37.2K	-215	0.00	140.53	0	0	41	57
2022-09-21	$17.32	$18.00	37.3%	10.7%	54.4%	32.0%	0.0%	-7.1%	-14.2%	-682	29.3K	-233	0.00	150.52	0	0	41	57
2022-09-22	$17.32	$18.00	20.3%	5.8%	54.4%	14.1%	0.0%	12.8%	-3.4%	-830	38.3K	-196	0.00	136.78	0	0	41	57
2022-09-23	$17.06	$18.00	46.1%	13.2%	54.5%	41.2%	0.0%	11.8%	-22.2%	-720	26.9K	-242	0.00	138.90	0	0	41	57
2022-09-26	$16.93	$18.00	29.3%	8.4%	54.5%	23.6%	36.8%	18.4%	-10.8%	-787	36.6K	-220	0.62	134.01	47	29	41	57
2022-09-27	$16.86	$16.00	19.3%	5.5%	54.5%	13.0%	44.1%	25.0%	-2.5%	-874	44.0K	-199	0.62	127.08	47	29	51	67
2022-09-28	$16.86	$16.00	33.0%	9.5%	54.5%	27.5%	38.3%	27.8%	-10.0%	-715	54.6K	-165	0.62	140.64	47	29	51	67
2022-09-29	$16.65	$16.00	33.8%	9.7%	54.7%	28.4%	36.8%	16.3%	-12.8%	-996	50.0K	-169	0.60	139.39	48	29	51	67
2022-09-30	$16.70	$16.00	50.4%	14.4%	54.7%	45.7%	57.8%	33.3%	-9.2%	-568	29.2K	-280	0.60	167.42	48	29	52	67