FPE Options History — February 2026

In February 2026, FPE traded between $18.27 and $18.45. ATM implied volatility averaged 38.9%, placing in the 38.2% IV rank vs the trailing year. The 30-day expected move averaged 10.1%. IV traded above realized volatility by 36.6% (HV 20d: 2.3%). Max pain ranged from $18.00 to $18.00. Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 3 of 19 days.

Notable Days

  • 2026-02-13: Highest Volume — 2 contracts
  • 2026-02-11: Largest IV drop — 40.7% change
  • 2026-02-10: Highest IV Rank — 54.3%
  • 2026-02-04: Largest Expected Move — 12.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.36$18.27$18.45$18.31$18.31
Max Pain$18.00$18.00$18.00$18.00$18.00
ATM IV38.9%31.4%52.9%41.1%38.7%
Expected Move10.1%8.7%12.3%11.8%11.1%
HV 20d2.3%1.7%2.7%2.2%2.7%
HV 60d2.7%2.5%2.8%2.8%2.6%
IV Rank38.2%29.6%54.3%40.8%38.0%
IV Percentile80.6%64.3%96.0%89.3%82.5%
Term Structure-6.7%-14.3%4.1%-13.3%-9.3%
Skew 25d2.4%0.4%5.2%4.7%3.6%
Skew 10d19.7%3.9%43.2%42.1%35.3%
Call IV 25d42.7%38.3%50.8%48.3%45.3%
Put IV 25d45.1%39.6%56.0%52.9%48.9%
Bid-Ask Spread %169.20165.49173.12165.65167.94
Gamma HHI0.300.270.360.280.36
Net GEX-172-237-130-131-206
Net DEX2.1K1.7K3.4K2.0K1.9K
Net VEX-14-18-11-17-11
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume0.1050200
Total OI12.053516145

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2026-02-02$18.31$18.0041.1%11.8%2.2%40.8%0.0%4.7%-13.3%-1312.0K-170.00165.650077
2026-02-03$18.30$18.0042.4%12.1%2.2%42.2%0.0%4.9%-14.3%-1342.0K-170.00165.490077
2026-02-04$18.30$18.0042.8%12.3%2.1%42.7%0.0%5.2%-13.7%-1392.0K-160.00165.490077
2026-02-05$18.27$0.0045.1%8.7%2.2%45.4%0.0%1.3%-6.0%-1462.1K-160.00172.570077
2026-02-06$18.32$0.0045.8%8.8%2.4%46.0%0.0%1.3%4.1%-1302.3K-170.00173.120077
2026-02-09$18.34$0.0050.5%8.8%2.4%51.5%0.0%1.4%-5.7%-1432.0K-150.00171.410077
2026-02-10$18.36$0.0052.9%8.9%2.4%54.3%0.0%1.4%3.8%-1342.2K-150.00171.040077
2026-02-11$18.37$0.0031.4%9.0%2.4%29.6%0.0%1.5%-6.1%-1461.9K-130.00171.040077
2026-02-12$18.36$0.0031.8%9.1%2.4%30.1%0.0%1.5%-7.2%-1351.9K-130.00171.040077
2026-02-13$18.38$0.0031.7%9.1%2.4%29.9%0.0%2.8%-7.4%-1461.7K-110.00171.040277
2026-02-17$18.43$0.0033.6%9.6%2.5%32.1%0.0%0.4%1.5%-2213.4K-180.00169.990079
2026-02-18$18.45$0.0034.7%9.9%1.7%33.3%0.0%1.7%-9.3%-2372.9K-150.00169.210079
2026-02-19$18.45$0.0034.0%9.8%1.7%32.6%0.0%1.6%-6.8%-2232.8K-140.00169.540079
2026-02-20$18.38$0.0034.6%9.9%2.2%33.3%0.0%4.3%-6.0%-1991.9K-110.00168.990079
2026-02-23$18.37$0.0036.7%10.5%2.3%35.7%0.0%0.5%-8.2%-2011.9K-110.00168.850005
2026-02-24$18.37$0.0036.8%10.5%2.3%35.8%0.0%2.8%-7.3%-2001.9K-110.00168.280005
2026-02-25$18.38$0.0036.8%10.6%2.3%35.8%0.0%2.6%-7.8%-2011.9K-110.00165.850005
2026-02-26$18.38$0.0037.7%10.8%2.2%36.8%0.0%2.8%-8.3%-2021.9K-110.00168.220005
2026-02-27$18.31$0.0038.7%11.1%2.7%38.0%0.0%3.6%-9.3%-2061.9K-110.00167.940005