FPE Options History — May 2023

In May 2023, FPE traded between $15.50 and $15.89. ATM implied volatility averaged 23.8%, placing in the 18.9% IV rank vs the trailing year. The 30-day expected move averaged 6.9%. IV traded above realized volatility by 14.7% (HV 20d: 9.1%). Max pain ranged from $15.00 to $16.00. Net GEX was positive for 8 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-05-19: Highest Volume — 50 contracts
  • 2023-05-03: Largest IV spike — 179.9% change
  • 2023-05-05: Highest IV Rank — 40.1%
  • 2023-05-04: Largest Expected Move — 11.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$15.72$15.50$15.89$15.89$15.86
Max Pain$15.17$15.00$16.00$15.00$15.00
ATM IV23.8%11.9%44.2%12.0%13.1%
Expected Move6.9%3.4%11.7%3.4%3.8%
HV 20d9.1%5.7%10.0%6.0%9.6%
HV 60d17.6%17.2%17.7%17.3%17.7%
IV Rank18.9%6.5%40.1%6.7%7.8%
IV Percentile48.9%17.5%89.3%18.3%27.0%
Term Structure-3.7%-23.2%16.8%2.0%-1.0%
VWIV16.5%11.8%27.8%13.8%11.8%
Skew 25d-0.6%-15.6%31.3%-15.6%31.3%
Skew 10d-2.8%-30.6%44.7%-30.6%31.9%
Call IV 25d29.8%11.9%48.4%29.1%22.4%
Put IV 25d29.2%11.8%53.7%13.5%53.7%
Bid-Ask Spread %135.7268.20169.1868.20142.79
Gamma HHI0.490.270.790.530.71
Net GEX-1.9K-11.2K3.8K2.7K3.3K
Net DEX44.0K-28.3K144.3K-12.4K-1.3K
Net VEX-166-262-77-80-182
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume5.36405000
Total OI185.81896258138127

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-05-01$15.89$15.0012.0%3.4%6.0%6.7%0.0%-15.6%2.0%2.7K-12.4K-800.0068.200011523
2023-05-02$15.86$15.0013.8%3.9%5.7%8.5%13.8%-10.2%-1.1%2.8K-11.0K-770.00108.936011523
2023-05-03$15.79$15.0038.5%11.0%5.8%34.2%0.0%2.5%-12.0%3.8K-28.3K-1800.00145.110012123
2023-05-04$15.50$0.0038.3%11.7%8.6%34.0%0.0%4.5%-6.0%3.4K-12.3K-1370.00165.450012123
2023-05-05$15.66$0.0044.2%9.0%9.4%40.1%0.0%5.8%-14.3%-2.9K69.5K-2620.00167.5300121123
2023-05-08$15.61$0.0013.1%8.0%9.4%7.8%0.0%-6.7%-6.1%-11.2K111.1K-1640.00165.3500121123
2023-05-09$15.61$0.0035.6%9.7%9.3%31.1%0.0%5.4%-3.4%-3.6K72.1K-2530.00167.6700121123
2023-05-10$15.68$0.0033.0%9.4%9.5%28.4%0.0%3.1%-7.5%-5.0K74.1K-2300.00168.6600121123
2023-05-11$15.64$0.0036.6%10.5%9.3%32.2%0.0%2.9%-9.0%-3.8K71.8K-2270.00169.1890121123
2023-05-12$15.59$0.0013.8%3.9%9.3%8.5%0.0%3.0%-0.3%-10.6K132.3K-1260.0069.6300130123
2023-05-15$15.68$0.0035.4%10.2%9.6%31.0%0.0%-0.7%-23.2%-5.3K72.9K-2080.00165.3500130123
2023-05-16$15.64$0.0033.9%9.7%9.6%29.4%0.0%-13.5%-19.0%-6.3K87.6K-1600.00163.0130130123
2023-05-17$15.68$0.0034.5%9.9%9.7%30.0%27.8%7.3%-2.3%-1.8K53.7K-2100.00167.0220133123
2023-05-18$15.77$16.0038.6%11.1%10.0%34.2%0.0%4.3%2.9%-7.1K63.8K-1840.00168.3500135123
2023-05-19$15.79$16.0013.7%3.9%10.0%8.5%12.7%1.6%0.6%421144.3K-1080.00122.14050135123
2023-05-22$15.84$15.0013.6%3.9%10.0%8.3%11.8%-10.6%16.8%-1.8K10.6K-1500.00148.332702571
2023-05-23$15.73$15.0013.1%3.8%9.8%7.9%0.0%-11.7%0.4%-81218.2K-1390.00115.61003571
2023-05-24$15.71$15.0012.2%3.5%9.7%6.9%0.0%-8.5%1.6%-49718.0K-1310.00106.20003571
2023-05-25$15.71$15.0012.4%3.6%9.7%7.1%0.0%-8.7%0.6%-51417.3K-1320.00125.75003571
2023-05-26$15.75$15.0011.9%3.4%9.6%6.6%0.0%-0.3%0.8%5714.4K-1320.0087.852003571
2023-05-30$15.84$15.0011.9%3.4%9.6%6.5%0.0%1.2%-2.5%3.3K2.6K-1840.0077.77105571
2023-05-31$15.86$15.0013.1%3.8%9.6%7.8%0.0%31.3%-1.0%3.3K-1.3K-1820.00142.79005671