FPE Options History — August 2023

In August 2023, FPE traded between $15.98 and $16.24. ATM implied volatility averaged 26.7%, placing in the 21.9% IV rank vs the trailing year. The 30-day expected move averaged 7.1%. IV traded above realized volatility by 22.3% (HV 20d: 4.5%). Max pain ranged from $14.00 to $16.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 8 of 23 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-08-25: Highest Volume — 2 contracts
  • 2023-08-03: Largest IV spike — 450.6% change
  • 2023-08-08: Highest IV Rank — 45.1%
  • 2023-08-29: Largest Expected Move — 13.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$16.13$15.98$16.24$16.23$16.19
Max Pain$14.36$14.00$16.00$16.00$14.00
ATM IV26.7%6.0%49.1%36.8%46.0%
Expected Move7.1%1.7%13.2%10.5%13.2%
HV 20d4.5%3.7%6.2%6.1%4.2%
HV 60d5.4%4.9%6.0%6.0%4.9%
IV Rank21.9%0.4%45.1%32.3%41.9%
IV Percentile51.7%0.4%94.0%81.0%90.5%
Term Structure-2.9%-20.6%21.3%-7.8%-20.6%
VWIV38.8%28.2%49.5%49.5%28.2%
Skew 25d4.9%-11.3%33.4%10.0%23.2%
Skew 10d9.2%-16.2%32.3%-9.6%13.9%
Call IV 25d24.1%8.2%39.2%21.5%26.5%
Put IV 25d29.0%7.7%58.7%31.4%49.7%
Bid-Ask Spread %131.5141.14170.51145.17163.51
Gamma HHI0.660.550.780.560.59
Net GEX6.4K3.4K12.7K4.4K3.8K
Net DEX-68.1K-78.6K-54.0K-75.3K-65.2K
Net VEX-286-320-253-320-274
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.2170200
Total OI92.60983989786

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-08-01$16.23$16.0036.8%10.5%6.1%32.3%0.0%10.0%-7.8%4.4K-75.3K-3200.00145.1700961
2023-08-02$16.20$16.008.5%2.4%6.2%3.1%0.0%-2.3%20.2%7.6K-70.0K-2970.0085.8200961
2023-08-03$16.16$0.0047.0%8.0%5.1%43.0%0.0%4.0%-7.4%3.9K-74.7K-3180.00170.5100961
2023-08-04$16.20$0.0039.6%8.5%5.1%35.3%49.5%-9.2%-7.5%7.1K-77.2K-3120.00156.9810961
2023-08-07$16.20$14.009.2%3.1%5.1%3.8%0.0%-11.1%-2.8%12.7K-68.7K-2680.0071.8200971
2023-08-08$16.24$14.0049.1%9.5%4.8%45.1%0.0%-5.7%-8.4%3.7K-78.6K-3140.00170.4400971
2023-08-09$16.21$14.0029.4%8.4%4.3%24.7%0.0%1.7%-8.9%4.2K-77.3K-3070.00169.8800971
2023-08-10$16.19$14.0033.6%9.6%4.4%29.0%0.0%5.6%-8.1%3.7K-77.3K-3090.00169.9400971
2023-08-11$16.21$14.0031.9%9.1%4.4%27.3%0.0%-7.8%-8.3%7.1K-76.9K-3000.00156.0200971
2023-08-14$16.23$14.009.4%2.7%4.1%4.0%0.0%-4.2%2.4%8.7K-74.0K-2830.0085.1400971
2023-08-15$16.16$14.009.1%2.6%4.4%3.7%0.0%2.1%1.7%9.8K-67.7K-2720.0041.9400971
2023-08-16$16.12$14.0010.6%3.0%4.0%5.3%0.0%6.6%1.0%9.5K-66.4K-2780.0072.0300971
2023-08-17$16.05$14.009.7%2.8%4.0%4.3%28.2%0.7%3.3%11.5K-62.5K-2740.0041.1410971
2023-08-18$16.04$0.0011.2%3.2%4.0%5.9%0.0%12.5%0.1%11.4K-59.0K-2640.0097.2700961
2023-08-21$16.04$0.006.0%1.7%3.9%0.4%0.0%-11.3%21.3%4.3K-61.5K-2750.00161.1410821
2023-08-22$15.98$0.007.6%2.2%4.1%2.1%0.0%0.8%2.5%7.2K-54.0K-2530.00134.2500831
2023-08-23$16.05$0.0031.1%8.9%4.1%26.5%0.0%14.9%-1.8%3.7K-64.1K-2790.00157.4800831
2023-08-24$16.04$0.0034.3%9.8%4.1%29.7%0.0%25.4%-1.3%3.4K-64.3K-2770.00154.9200831
2023-08-25$16.04$0.0038.0%10.9%4.1%33.6%0.0%16.8%-9.5%6.9K-59.7K-2650.00151.1602831
2023-08-28$16.05$0.0034.3%9.8%3.7%29.8%0.0%15.0%-4.4%3.4K-62.9K-2780.00162.3200833
2023-08-29$16.13$0.0046.1%13.2%4.2%42.0%0.0%33.4%-19.0%3.4K-65.0K-2780.00163.5200833
2023-08-30$16.14$0.0036.2%10.4%4.1%31.8%0.0%-7.1%-2.8%4.6K-63.8K-2750.00142.2400833
2023-08-31$16.19$0.0046.0%13.2%4.2%41.9%0.0%23.2%-20.6%3.8K-65.2K-2740.00163.5100833