FPE Options History — November 2022

In November 2022, FPE traded between $16.42 and $17.02. ATM implied volatility averaged 29.8%, placing in the 23.2% IV rank vs the trailing year. The 30-day expected move averaged 8.9%. IV traded above realized volatility by 18.1% (HV 20d: 11.8%). Max pain ranged from $17.00 to $18.00. Net GEX was positive for 18 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 0.28.

Notable Days

2022-11-14: Highest Volume — 105 contracts
2022-11-07: Largest IV spike — 155.2% change
2022-11-01: Highest IV Rank — 50.1%
2022-11-01: Largest Expected Move — 15.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$16.78	$16.42	$17.02	$16.54	$16.95
Max Pain	$17.25	$17.00	$18.00	$18.00	$17.00
ATM IV	29.8%	13.9%	55.1%	55.1%	35.3%
Expected Move	8.9%	5.3%	15.8%	15.8%	10.1%
HV 20d	11.8%	7.2%	14.4%	7.6%	14.0%
HV 60d	34.7%	32.4%	38.9%	38.9%	32.4%
IV Rank	23.2%	6.2%	50.1%	50.1%	28.9%
IV Percentile	74.1%	36.5%	97.6%	97.6%	84.9%
Term Structure	-6.7%	-21.9%	16.5%	-17.5%	-15.4%
VWIV	37.2%	18.4%	57.4%	57.4%	33.7%
Skew 25d	14.8%	-19.3%	52.4%	51.4%	37.6%
Skew 10d	8.6%	-24.6%	44.7%	-22.5%	44.7%
Call IV 25d	20.9%	10.0%	33.6%	21.3%	13.3%
Put IV 25d	35.7%	14.4%	72.7%	72.7%	51.0%
Bid-Ask Spread %	153.47	121.71	171.42	146.04	155.95
Gamma HHI	0.31	0.21	0.58	0.24	0.27
Net GEX	3.0K	-726	8.5K	-319	3.0K
Net DEX	-17.3K	-70.2K	55.8K	22.7K	-61.9K
Net VEX	-157	-242	-50	-186	-224
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.28	0.01	0.43	0.43	0.01
Total Volume	64.762	0	105	63	0
Total OI	98.857	73	132	109	76

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
2022-11-01	$16.54	$18.00	55.1%	15.8%	7.6%	50.1%	57.4%	51.4%	-17.5%	-319	22.7K	-186	0.43	146.04	44	19	52	57
2022-11-02	$16.49	$18.00	53.8%	15.4%	7.6%	48.7%	56.7%	46.6%	-19.7%	-299	26.1K	-175	0.43	142.69	44	19	52	57
2022-11-03	$16.42	$0.00	34.5%	8.9%	7.7%	28.2%	0.0%	3.4%	-8.8%	625	40.9K	-131	0.43	171.42	44	19	52	57
2022-11-04	$16.44	$0.00	13.9%	8.5%	7.6%	6.2%	0.0%	2.5%	-11.4%	2.2K	55.8K	-50	0.43	164.03	44	19	52	57
2022-11-07	$16.45	$0.00	35.4%	8.4%	7.6%	29.1%	0.0%	-9.2%	-11.3%	1.6K	53.4K	-63	0.43	168.95	44	19	52	57
2022-11-08	$16.54	$0.00	14.4%	9.9%	7.2%	6.8%	0.0%	-7.8%	-15.9%	2.3K	54.9K	-54	0.43	164.99	44	19	52	57
2022-11-09	$16.47	$0.00	20.2%	5.8%	7.3%	12.9%	0.0%	4.9%	0.4%	2.1K	55.8K	-51	0.43	121.71	44	19	52	57
2022-11-10	$17.02	$0.00	29.0%	8.3%	13.4%	22.3%	0.0%	5.1%	6.3%	-726	36.9K	-92	0.29	144.42	66	19	52	57
2022-11-11	$17.00	$0.00	29.3%	8.4%	13.5%	22.6%	0.0%	-19.3%	-14.7%	828	810	-148	0.29	156.43	66	19	75	57
2022-11-14	$16.82	$0.00	27.9%	8.0%	14.1%	21.2%	0.0%	-9.6%	6.5%	3.9K	-50.8K	-142	0.22	162.99	86	19	75	18
2022-11-15	$16.97	$0.00	25.7%	7.4%	14.4%	18.8%	0.0%	3.5%	1.1%	8.5K	-64.9K	-176	0.22	164.36	86	19	95	18
2022-11-16	$16.95	$0.00	28.8%	8.2%	14.3%	22.1%	0.0%	11.3%	-3.6%	5.9K	-70.2K	-201	0.22	166.24	86	19	95	18
2022-11-17	$16.88	$0.00	18.7%	5.4%	14.4%	11.4%	0.0%	7.7%	16.5%	5.6K	-58.2K	-198	0.22	148.29	86	19	95	18
2022-11-18	$16.95	$0.00	25.3%	7.3%	14.1%	18.4%	0.0%	11.2%	-3.3%	6.9K	-65.8K	-197	0.22	162.32	86	19	95	18
2022-11-21	$16.95	$0.00	18.6%	5.3%	14.1%	11.3%	19.7%	13.5%	1.8%	3.8K	-45.8K	-181	0.01	139.46	74	1	72	1
2022-11-22	$16.92	$17.00	20.3%	5.8%	13.6%	13.1%	18.4%	22.1%	1.3%	4.9K	-51.0K	-132	0.01	129.27	74	1	74	1
2022-11-23	$16.94	$17.00	33.7%	9.7%	13.5%	27.3%	33.7%	33.0%	-1.7%	2.7K	-59.8K	-242	0.01	145.21	73	1	74	1
2022-11-25	$16.99	$17.00	20.7%	5.9%	13.4%	13.5%	0.0%	22.1%	-21.9%	3.6K	-63.3K	-204	0.00	151.41	0	0	75	1
2022-11-28	$16.86	$17.00	50.0%	14.3%	13.8%	44.7%	0.0%	52.4%	-17.4%	2.5K	-61.2K	-235	0.00	164.92	0	0	75	1
2022-11-29	$16.84	$17.00	36.0%	10.3%	13.8%	29.6%	0.0%	28.3%	-12.4%	3.0K	-58.7K	-222	0.00	151.87	0	0	75	1
2022-11-30	$16.95	$17.00	35.3%	10.1%	14.0%	28.9%	0.0%	37.6%	-15.4%	3.0K	-61.9K	-224	0.00	155.95	0	0	75	1