FPE Options History — July 2023

In July 2023, FPE traded between $15.86 and $16.27. ATM implied volatility averaged 24.8%, placing in the 19.9% IV rank vs the trailing year. The 30-day expected move averaged 6.3%. IV traded above realized volatility by 18.9% (HV 20d: 5.8%). Max pain ranged from $16.00 to $17.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 10 of 20 days. Put/call ratio averaged 0.00.

Notable Days

2023-07-28: Highest Volume — 20 contracts
2023-07-24: Largest IV spike — 354.6% change
2023-07-11: Highest IV Rank — 52.0%
2023-07-19: Largest Expected Move — 10.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$16.09	$15.86	$16.27	$16.00	$16.27
Max Pain	$16.70	$16.00	$17.00	$16.00	$16.00
ATM IV	24.8%	6.7%	55.7%	27.3%	9.5%
Expected Move	6.3%	1.9%	10.1%	7.8%	2.7%
HV 20d	5.8%	4.3%	6.5%	4.7%	6.1%
HV 60d	7.3%	7.0%	7.6%	7.1%	7.2%
IV Rank	19.9%	1.2%	52.0%	22.6%	4.1%
IV Percentile	49.7%	1.2%	96.8%	60.3%	7.5%
Term Structure	-1.3%	-24.1%	21.8%	20.3%	1.4%
Skew 25d	10.2%	-19.4%	44.3%	33.2%	0.9%
Skew 10d	15.8%	3.1%	50.3%	35.4%	18.2%
Call IV 25d	16.1%	7.2%	42.6%	11.5%	9.0%
Put IV 25d	26.3%	6.7%	56.7%	44.7%	9.9%
Bid-Ask Spread %	125.20	29.20	164.09	164.09	96.55
Gamma HHI	0.77	0.60	0.99	0.75	0.64
Net GEX	5.9K	1.8K	24.9K	3.8K	8.7K
Net DEX	-47.8K	-70.9K	-34.1K	-47.2K	-70.9K
Net VEX	-279	-330	-216	-330	-289
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.00	0.00	0.00	0.00	0.00
Total Volume	1.2	0	20	0	0
Total OI	106.7	77	116	114	97

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	Spread %	Call Vol	Call OI	Put OI
2023-07-03	$16.00	$16.00	27.3%	7.8%	4.7%	22.6%	0.0%	33.2%	20.3%	3.8K	-47.2K	-330	164.09	0	92	22
2023-07-05	$16.01	$16.00	29.0%	8.3%	4.3%	24.4%	0.0%	44.3%	17.4%	3.2K	-47.9K	-325	163.24	0	92	22
2023-07-06	$15.86	$17.00	30.9%	5.9%	5.1%	26.3%	0.0%	-19.4%	0.1%	3.8K	-37.5K	-312	139.94	0	92	22
2023-07-07	$15.89	$17.00	29.9%	5.8%	5.2%	25.3%	0.0%	4.8%	-0.1%	3.9K	-37.6K	-306	134.71	0	92	22
2023-07-10	$15.93	$17.00	31.5%	6.1%	5.3%	26.9%	0.0%	5.6%	0.6%	5.1K	-38.4K	-301	129.94	0	94	22
2023-07-11	$16.02	$17.00	55.7%	9.3%	5.7%	52.0%	0.0%	-2.0%	-24.1%	3.5K	-49.0K	-312	157.28	0	94	22
2023-07-12	$16.13	$17.00	32.0%	9.2%	6.2%	27.4%	0.0%	3.0%	-22.5%	3.4K	-54.0K	-314	157.54	0	94	22
2023-07-13	$16.13	$17.00	33.0%	9.5%	6.2%	28.5%	0.0%	19.6%	-10.0%	2.9K	-52.0K	-308	155.47	0	94	22
2023-07-14	$16.13	$17.00	20.8%	6.0%	5.8%	15.8%	0.0%	1.8%	-10.3%	3.7K	-47.4K	-296	123.09	0	94	22
2023-07-17	$16.07	$17.00	11.8%	3.4%	6.0%	6.5%	0.0%	2.0%	-1.0%	9.7K	-34.1K	-252	29.20	3	94	22
2023-07-18	$16.11	$17.00	10.5%	3.0%	6.0%	5.1%	0.0%	2.2%	0.4%	24.9K	-42.1K	-240	45.02	0	92	22
2023-07-19	$16.20	$17.00	35.4%	10.1%	6.2%	30.9%	0.0%	12.0%	-12.0%	2.9K	-52.1K	-290	154.52	1	92	22
2023-07-20	$16.13	$17.00	21.5%	6.2%	6.5%	16.5%	0.0%	29.4%	-8.1%	7.6K	-46.8K	-271	154.64	0	93	22
2023-07-21	$16.11	$17.00	6.7%	1.9%	6.3%	1.2%	0.0%	8.0%	21.8%	10.9K	-47.0K	-234	114.31	0	93	22
2023-07-24	$16.13	$17.00	30.5%	8.7%	6.3%	25.8%	0.0%	10.9%	-1.9%	2.1K	-34.5K	-266	153.41	0	76	22
2023-07-25	$16.14	$17.00	32.6%	9.3%	6.3%	28.0%	0.0%	29.9%	0.8%	1.8K	-35.1K	-267	145.56	0	76	22
2023-07-26	$16.21	$16.00	31.6%	9.1%	6.3%	27.0%	0.0%	19.2%	-3.8%	4.0K	-61.6K	-234	143.97	0	76	1
2023-07-27	$16.20	$16.00	7.2%	2.1%	6.3%	1.7%	0.0%	-1.6%	2.2%	5.4K	-61.4K	-219	96.67	0	76	1
2023-07-28	$16.20	$16.00	8.3%	2.4%	6.2%	2.8%	0.0%	-0.2%	2.9%	7.3K	-59.3K	-216	44.81	20	76	1
2023-07-31	$16.27	$16.00	9.5%	2.7%	6.1%	4.1%	0.0%	0.9%	1.4%	8.7K	-70.9K	-289	96.55	0	96	1