FPE Options History — February 2025

In February 2025, FPE traded between $17.73 and $17.87. ATM implied volatility averaged 20.0%, placing in the 23.7% IV rank vs the trailing year. The 30-day expected move averaged 5.0%. IV traded above realized volatility by 16.2% (HV 20d: 3.8%). Max pain ranged from $15.00 to $16.00. Net GEX was positive for 7 of 19 trading days. Term structure was in contango for 8 of 19 days. Put/call ratio averaged 0.00.

Notable Days

  • 2025-02-21: Highest Volume — 46 contracts
  • 2025-02-28: Largest IV spike — 148.3% change
  • 2025-02-05: Highest IV Rank — 57.8%
  • 2025-02-05: Largest Expected Move — 11.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.81$17.73$17.87$17.73$17.82
Max Pain$15.16$15.00$16.00$16.00$15.00
ATM IV20.0%8.0%40.1%19.3%22.5%
Expected Move5.0%2.3%11.5%5.5%6.5%
HV 20d3.8%2.4%5.3%5.2%3.0%
HV 60d4.5%4.4%4.7%4.6%4.4%
IV Rank23.7%3.3%57.8%22.5%28.0%
IV Percentile53.9%3.2%96.0%57.9%70.2%
Term Structure0.2%-27.7%26.0%-4.9%26.0%
VWIV23.7%23.3%24.1%23.3%24.1%
Skew 25d0.5%-14.2%28.9%9.9%0.6%
Skew 10d5.3%-19.3%34.4%34.4%34.3%
Call IV 25d25.5%8.6%35.4%16.2%10.1%
Put IV 25d26.0%10.7%47.5%26.1%10.7%
Bid-Ask Spread %154.30131.81184.71149.95184.71
Gamma HHI0.620.351.000.540.47
Net GEX-380-2.1K190-25216
Net DEX622-3.6K7.9K1.1K-3.6K
Net VEX-19-900-21-38
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume3.68404600
Total OI181.053102210209103

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-02-03$17.73$16.0019.3%5.5%5.2%22.5%0.0%9.9%-4.9%-2521.1K-210.00149.950032177
2025-02-04$17.76$16.0028.1%8.1%5.1%37.5%0.0%28.9%5.8%-2.1K7.9K-900.00152.330032177
2025-02-05$17.82$16.0040.1%11.5%5.3%57.8%0.0%10.6%-27.7%-8353.1K-220.00157.780032177
2025-02-06$17.82$15.0029.1%5.7%4.8%39.2%0.0%-7.4%-9.3%-1.2K2.0K-400.00162.750032177
2025-02-07$17.80$15.0025.6%5.6%4.8%33.2%0.0%-11.0%-2.3%-3651.0K-300.00159.430032177
2025-02-10$17.84$15.0027.8%4.3%4.5%36.9%0.0%-0.1%10.6%-21560-190.00166.210032177
2025-02-11$17.82$15.0031.2%3.1%4.2%42.7%0.0%5.4%2.1%-384-557-50.00157.160032177
2025-02-12$17.79$15.0022.0%6.3%4.3%27.1%0.0%-5.0%-20.9%-6261.5K-320.00159.340032177
2025-02-13$17.82$15.0011.6%3.3%3.3%9.5%0.0%-13.1%12.3%190-436-30.00156.670032177
2025-02-14$17.87$15.0018.1%5.2%3.4%20.4%0.0%0.1%-4.1%-372-4-200.00157.480032177
2025-02-18$17.87$15.0021.6%6.2%3.4%26.4%0.0%-5.8%-5.0%-209-964-100.00153.830032177
2025-02-19$17.84$15.0012.1%3.5%3.1%10.3%0.0%-10.4%-0.9%-9491.0K-40.00160.750032177
2025-02-20$17.84$15.0016.7%4.8%2.4%18.1%0.0%-14.2%-1.6%183-434-30.00157.951032177
2025-02-21$17.77$15.0017.6%5.0%2.9%19.6%0.0%2.0%15.6%-312798-190.00141.0946033177
2025-02-24$17.77$15.009.1%2.6%2.9%5.2%0.0%6.2%-1.5%10-1100.00133.66001191
2025-02-25$17.81$15.008.0%2.3%3.0%3.3%0.0%5.0%2.8%1000.00140.93101191
2025-02-26$17.84$15.0010.3%3.0%3.0%7.3%23.3%2.3%-2.9%45-104-10.00147.811001291
2025-02-27$17.81$15.009.1%2.6%3.1%5.1%24.1%4.9%9.4%156-563-50.00131.811201291
2025-02-28$17.82$15.0022.5%6.5%3.0%28.0%0.0%0.6%26.0%16-3.6K-380.00184.71001291