FBIO Options History — December 2015

In December 2015, FBIO traded between $36.15 and $47.70. ATM implied volatility averaged 97.3%, placing in the 43.3% IV rank vs the trailing year. The 30-day expected move averaged 27.0%. IV traded above realized volatility by 46.7% (HV 20d: 50.6%). Max pain ranged from $37.50 to $37.50. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 1.65.

Notable Days

2015-12-28: Highest Volume — 20 contracts
2015-12-23: Largest IV drop — 41.6% change
2015-12-15: Highest IV Rank — 58.5%
2015-12-15: Largest Expected Move — 37.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$41.60	$36.15	$47.70	$44.55	$42.00
Max Pain	$37.50	$37.50	$37.50	$37.50	$37.50
ATM IV	97.3%	67.2%	131.2%	104.4%	75.8%
Expected Move	27.0%	19.3%	37.6%	29.9%	21.7%
HV 20d	50.6%	37.8%	62.3%	37.8%	59.5%
HV 60d	63.9%	59.0%	67.0%	66.2%	59.0%
IV Rank	43.3%	29.8%	58.5%	46.5%	33.7%
IV Percentile	27.3%	2.4%	72.7%	34.4%	4.1%
Term Structure	-10.4%	-49.4%	24.8%	-31.0%	20.0%
VWIV	93.2%	67.2%	115.1%	82.5%	86.3%
Bid-Ask Spread %	90.48	42.43	146.76	96.88	58.74
Gamma HHI	0.71	0.53	0.85	0.83	0.77
Net GEX	-283	-513	-42	-239	-439
Net DEX	694	-19.5K	10.9K	-3.4K	-2.1K
Net VEX	-98	-147	-53	-57	-136
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.65	0.65	4.88	2.27	0.65
Total Volume	14.364	0	20	0	20
Total OI	23.409	14	37	14	37

Daily Data (22 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2015-12-01	$44.55	$37.50	104.4%	29.9%	37.8%	46.5%	0.0%	0.0%	-31.0%	-239	-3.4K	-57	0.00	96.88	N/A	N/A	0	0	4	10
2015-12-02	$46.80	$37.50	86.2%	24.7%	40.7%	38.3%	82.5%	0.0%	-29.2%	-155	-5.3K	-53	2.27	71.08	N/A	N/A	4	8	4	10
2015-12-03	$47.70	$0.00	97.7%	33.4%	41.0%	43.5%	0.0%	0.0%	24.8%	-166	-2.3K	-90	3.10	118.68	N/A	N/A	3	8	6	10
2015-12-04	$47.55	$0.00	128.7%	23.1%	39.1%	57.4%	0.0%	0.0%	-6.6%	-215	-1.7K	-91	3.10	54.62	N/A	N/A	3	8	6	10
2015-12-07	$45.60	$0.00	116.7%	22.4%	42.1%	52.0%	0.0%	0.0%	-25.4%	-215	-2.2K	-88	0.00	79.30	N/A	N/A	0	0	6	10
2015-12-08	$45.60	$0.00	91.2%	26.6%	41.2%	40.6%	0.0%	0.0%	-4.9%	-175	-1.5K	-89	3.10	45.22	N/A	N/A	3	8	6	10
2015-12-09	$45.00	$0.00	89.9%	25.8%	39.0%	40.0%	0.0%	0.0%	6.0%	-187	-939	-89	3.10	42.43	N/A	N/A	3	8	6	10
2015-12-10	$42.00	$0.00	84.6%	24.3%	45.8%	37.6%	0.0%	0.0%	9.0%	-393	1.6K	-87	3.10	49.35	N/A	N/A	3	8	6	10
2015-12-11	$39.15	$0.00	83.6%	24.0%	51.0%	37.2%	0.0%	0.0%	4.4%	-475	8.0K	-89	4.88	90.36	N/A	N/A	2	8	6	10
2015-12-14	$36.15	$0.00	107.5%	30.8%	54.3%	47.9%	0.0%	0.0%	-25.4%	-253	8.2K	-87	0.96	108.69	N/A	N/A	9	8	6	10
2015-12-15	$36.90	$0.00	131.2%	37.6%	54.8%	58.5%	0.0%	0.0%	-37.2%	-297	8.8K	-97	0.96	101.53	N/A	N/A	9	8	14	10
2015-12-16	$37.35	$0.00	103.8%	29.7%	54.3%	46.2%	95.2%	0.0%	-7.9%	-451	9.2K	-98	0.95	128.99	N/A	N/A	9	8	14	10
2015-12-17	$37.05	$37.50	84.3%	24.2%	52.3%	37.5%	84.2%	0.0%	-8.2%	-497	10.9K	-82	0.92	117.83	N/A	N/A	9	8	14	10
2015-12-18	$37.50	$37.50	95.4%	27.4%	52.7%	42.5%	95.5%	0.0%	-16.6%	-42	2.6K	-85	0.68	85.14	N/A	N/A	10	7	14	10
2015-12-21	$37.95	$37.50	90.0%	25.8%	52.2%	40.0%	92.0%	0.0%	2.6%	-83	2.2K	-97	0.71	91.11	N/A	N/A	11	8	15	8
2015-12-22	$40.05	$37.50	115.0%	33.0%	56.7%	51.2%	115.1%	0.0%	-27.5%	-69	-2.9K	-128	0.97	113.94	N/A	N/A	10	9	18	11
2015-12-23	$40.20	$37.50	67.2%	19.3%	56.8%	29.8%	67.2%	0.0%	-9.6%	-334	1.1K	-133	0.83	146.76	N/A	N/A	10	8	18	14
2015-12-24	$40.50	$37.50	89.6%	25.7%	56.7%	39.9%	91.5%	0.0%	3.3%	-430	6.0K	-147	0.83	75.97	N/A	N/A	10	8	18	16
2015-12-28	$42.90	$37.50	103.2%	29.6%	60.9%	45.9%	112.4%	0.0%	-25.3%	-195	-19.5K	-58	0.65	102.47	N/A	N/A	12	8	18	16
2015-12-29	$41.25	$37.50	102.2%	29.3%	62.3%	45.5%	92.8%	0.0%	-49.4%	-394	-2.5K	-140	0.65	128.69	N/A	N/A	12	8	21	16
2015-12-30	$41.40	$37.50	92.8%	26.6%	62.3%	41.3%	103.2%	0.0%	5.7%	-513	1.0K	-144	0.65	82.74	N/A	N/A	12	8	21	16
2015-12-31	$42.00	$37.50	75.8%	21.7%	59.5%	33.7%	86.3%	0.0%	20.0%	-439	-2.1K	-136	0.65	58.74	N/A	N/A	12	8	21	16