FPE Options History — January 2023

In January 2023, FPE traded between $16.91 and $18.05. ATM implied volatility averaged 17.1%, placing in the 9.5% IV rank vs the trailing year. The 30-day expected move averaged 5.3%. IV traded above realized volatility by 10.0% (HV 20d: 7.1%). Max pain ranged from $17.00 to $18.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-01-26: Highest Volume — 10 contracts
  • 2023-01-25: Largest IV drop — 76.3% change
  • 2023-01-12: Highest IV Rank — 25.8%
  • 2023-01-12: Largest Expected Move — 9.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.67$16.91$18.05$16.91$18.05
Max Pain$17.10$17.00$18.00$18.00$17.00
ATM IV17.1%5.6%33.0%12.5%8.8%
Expected Move5.3%1.6%9.5%3.6%2.5%
HV 20d7.1%5.2%8.0%6.1%5.9%
HV 60d9.9%9.6%10.2%9.9%9.7%
IV Rank9.5%0.0%25.8%3.7%3.3%
IV Percentile35.1%0.0%78.6%19.0%1.6%
Term Structure1.5%-17.4%20.4%-0.7%-1.7%
VWIV12.6%12.6%12.6%12.6%12.6%
Skew 25d11.0%-53.6%147.9%1.2%38.0%
Skew 10d17.0%-19.4%197.3%2.0%65.9%
Call IV 25d17.0%7.1%73.1%12.3%11.1%
Put IV 25d28.0%8.0%156.3%13.5%49.2%
Bid-Ask Spread %130.8072.51166.3172.51138.13
Gamma HHI0.570.300.960.410.87
Net GEX7.8K4.2K14.0K4.9K7.9K
Net DEX-104.4K-152.6K-49.0K-49.0K-141.2K
Net VEX-229-402-69-99-345
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume1.0501000
Total OI111.87914979149

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-01-03$16.91$18.0012.5%3.6%6.1%3.7%0.0%1.2%-0.7%4.9K-49.0K-990.0072.5100781
2023-01-04$17.11$18.0013.0%3.7%7.4%4.3%0.0%4.7%3.3%4.7K-56.5K-1440.0092.3600781
2023-01-05$17.19$17.0010.3%3.4%7.5%1.4%0.0%22.5%0.4%5.3K-59.2K-690.00105.7600781
2023-01-06$17.27$17.0011.3%3.5%7.6%2.4%12.6%4.0%-1.0%5.9K-62.1K-880.00110.8601781
2023-01-09$17.37$17.0011.8%6.8%7.8%3.0%0.0%-2.9%-17.4%4.6K-78.3K-880.00133.4900781
2023-01-10$17.38$17.0012.3%7.3%7.6%3.5%0.0%-53.6%-11.5%6.0K-61.9K-1130.00153.3701781
2023-01-11$17.51$17.0021.4%6.1%7.9%13.3%0.0%2.7%1.4%5.2K-70.1K-1330.00140.0000782
2023-01-12$17.63$17.0033.0%9.5%7.9%25.8%0.0%-5.1%-16.0%4.2K-77.5K-1500.00166.3103782
2023-01-13$17.73$17.0021.3%6.1%7.9%13.2%0.0%2.1%0.6%4.6K-81.0K-1170.00152.1720785
2023-01-17$17.81$17.0028.9%8.3%8.0%21.3%0.0%1.2%1.5%4.6K-80.8K-1610.00161.6100805
2023-01-18$17.88$17.0029.4%8.4%7.7%21.9%0.0%15.9%-2.4%11.6K-137.1K-3900.00150.08001405
2023-01-19$17.87$17.0029.8%8.6%7.6%22.3%0.0%-3.9%13.3%6.9K-135.8K-4020.00159.54001405
2023-01-20$17.87$17.0018.4%5.3%7.5%10.0%0.0%21.4%9.9%12.1K-135.6K-3190.00146.43001405
2023-01-23$17.93$17.0023.2%6.7%7.5%15.2%0.0%147.9%-3.8%12.3K-139.6K-2870.00131.78401341
2023-01-24$17.91$17.0031.3%9.0%7.3%23.9%0.0%22.8%-7.4%7.2K-142.6K-3870.00154.42001381
2023-01-25$17.95$17.007.4%2.1%6.4%0.0%0.0%0.1%0.9%14.0K-146.6K-3000.00111.43001381
2023-01-26$18.02$17.005.6%1.6%5.8%0.0%0.0%0.9%20.3%12.8K-152.6K-3020.00114.330101381
2023-01-27$18.04$17.006.4%1.8%5.2%0.9%0.0%0.6%19.1%9.6K-143.0K-3500.00135.280013811
2023-01-30$17.95$17.006.2%1.8%6.1%0.7%0.0%0.1%20.4%11.8K-136.4K-3420.0086.240013811
2023-01-31$18.05$17.008.8%2.5%5.9%3.3%0.0%38.0%-1.7%7.9K-141.2K-3450.00138.130013811