FPE Options History — January 2024

In January 2024, FPE traded between $16.76 and $17.14. ATM implied volatility averaged 10.8%, placing in the 5.2% IV rank vs the trailing year. The 30-day expected move averaged 3.3%. IV traded above realized volatility by 6.1% (HV 20d: 4.7%). Max pain ranged from $15.00 to $16.00. Net GEX was positive for 1 of 21 trading days. Term structure was in contango for 5 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2024-01-02: Highest Volume — 26 contracts
  • 2024-01-10: Largest IV spike — 84.7% change
  • 2024-01-30: Highest IV Rank — 10.3%
  • 2024-01-30: Largest Expected Move — 4.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$16.93$16.76$17.14$16.82$17.13
Max Pain$15.90$15.00$16.00$15.00$16.00
ATM IV10.8%6.4%16.2%7.9%11.8%
Expected Move3.3%1.8%4.6%2.3%3.4%
HV 20d4.7%3.9%5.6%5.3%4.1%
HV 60d6.6%5.7%6.8%6.8%5.7%
IV Rank5.2%0.8%10.3%2.3%5.8%
IV Percentile31.0%1.2%55.6%7.9%40.1%
Term Structure-0.8%-5.2%4.7%-0.0%-0.7%
VWIV12.1%9.1%17.3%9.1%17.3%
Skew 25d6.7%-18.4%45.3%-12.1%3.5%
Skew 10d6.1%-31.4%62.8%-22.7%21.2%
Call IV 25d22.7%6.7%38.8%23.1%20.7%
Put IV 25d29.3%8.7%62.9%11.0%24.1%
Bid-Ask Spread %112.8185.46128.4097.17121.72
Gamma HHI0.380.330.620.620.37
Net GEX-2.6K-7.3K73-2.5K-3.9K
Net DEX-44.0K-79.2K-7.6K-41.4K-54.9K
Net VEX-964-1.2K-769-1.2K-879
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume3.667026260
Total OI453.143415480415439

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-01-02$16.82$15.007.9%2.3%5.3%2.3%9.1%-12.1%-0.0%-2.5K-41.4K-1.2K0.0097.17260163252
2024-01-03$16.77$15.006.4%1.8%5.5%0.9%0.0%4.7%4.2%-477-13.9K-1.2K0.0092.0100189252
2024-01-04$16.76$16.006.6%3.0%5.5%1.0%0.0%-10.3%0.3%-435-20.3K-1.2K0.0088.3100189252
2024-01-05$16.77$16.006.9%2.9%5.5%1.3%0.0%-10.5%-0.1%-1.5K-18.9K-1.1K0.0085.46020189252
2024-01-08$16.82$16.006.9%2.8%5.6%1.3%0.0%-11.1%4.7%73-38.0K-1.1K0.0089.5600189272
2024-01-09$16.87$16.006.4%2.9%5.6%0.8%0.0%-11.2%4.1%-368-35.1K-1.2K0.0091.3700189272
2024-01-10$16.89$16.0011.8%3.4%5.5%6.2%10.8%34.1%-0.1%-1.5K-46.2K-1.1K0.00123.4730189272
2024-01-11$16.95$16.0011.1%3.2%5.6%5.5%0.0%32.7%-1.4%-2.4K-67.1K-8210.00126.5700192272
2024-01-12$16.96$16.0012.4%3.6%5.2%6.9%0.0%28.9%-3.1%-4.1K-61.6K-8660.00126.1600192272
2024-01-16$16.89$16.0012.2%3.5%4.2%6.6%0.0%44.4%-1.6%-3.2K-57.1K-8450.00118.3700192272
2024-01-17$16.86$16.0013.8%4.0%4.2%8.3%0.0%38.2%-2.2%-3.0K-45.0K-1.0K0.00123.42016192272
2024-01-18$16.84$16.0011.2%3.2%3.9%5.7%0.0%45.3%-2.5%-2.1K-43.9K-9870.00113.2900192288
2024-01-19$16.94$16.0010.3%3.0%3.9%4.8%0.0%2.9%-0.6%-1.2K-55.5K-9050.00128.4000192288
2024-01-22$16.98$16.0010.6%3.0%4.0%5.0%0.0%-16.6%0.1%-2.4K-17.9K-8280.00119.3610160288
2024-01-23$16.95$16.0011.4%3.3%4.0%5.9%0.0%-16.7%-1.6%-960-7.6K-9320.00116.4900160288
2024-01-24$16.98$16.0011.7%3.4%4.0%6.2%11.2%-3.7%-1.9%-3.1K-32.1K-9340.00114.7810160288
2024-01-25$17.05$16.0011.2%3.2%4.1%5.6%0.0%25.8%-2.1%-1.7K-45.4K-9060.00121.1000161288
2024-01-26$17.11$16.0014.5%4.1%4.2%8.9%0.0%-18.4%-4.6%-6.1K-65.6K-8140.00126.5700161288
2024-01-29$17.13$16.0015.8%4.5%4.2%10.2%0.0%-8.5%-3.2%-7.3K-78.0K-7860.00120.5500161288
2024-01-30$17.14$16.0016.2%4.6%4.2%10.3%17.3%-1.5%-5.2%-5.9K-79.2K-7690.00124.89100161288
2024-01-31$17.13$16.0011.8%3.4%4.1%5.8%0.0%3.5%-0.7%-3.9K-54.9K-8790.00121.7200151288