FBIO Options History — July 2016

In July 2016, FBIO traded between $39.45 and $47.10. ATM implied volatility averaged 102.9%, placing in the 45.8% IV rank vs the trailing year. The 30-day expected move averaged 25.9%. IV traded above realized volatility by 36.6% (HV 20d: 66.3%). Max pain ranged from $37.50 to $75.00. Net GEX was positive for 1 of 20 trading days. Term structure was in contango for 6 of 20 days. Put/call ratio averaged 4.01.

Notable Days

2016-07-21: Highest Volume — 7 contracts
2016-07-05: Largest IV spike — 591.9% change
2016-07-05: Highest IV Rank — 100.0%
2016-07-18: Largest Expected Move — 37.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$43.67	$39.45	$47.10	$40.80	$45.30
Max Pain	$39.38	$37.50	$75.00	$75.00	$37.50
ATM IV	102.9%	32.4%	223.8%	32.4%	123.5%
Expected Move	25.9%	9.3%	37.7%	9.3%	35.4%
HV 20d	66.3%	39.2%	78.4%	74.9%	41.4%
HV 60d	63.1%	59.1%	66.2%	64.7%	59.1%
IV Rank	45.8%	14.2%	100.0%	14.2%	55.0%
IV Percentile	40.6%	2.8%	99.6%	2.8%	75.8%
Term Structure	-22.6%	-125.3%	41.0%	-10.4%	-36.1%
VWIV	95.8%	60.2%	144.4%	101.3%	144.4%
Bid-Ask Spread %	85.91	21.95	165.19	141.12	165.19
Gamma HHI	0.69	0.50	1.00	0.51	1.00
Net GEX	-192	-465	45	-55	-454
Net DEX	3.7K	-555	8.5K	7.5K	2.1K
Net VEX	-55	-91	-13	-85	-41
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	4.01	3.00	5.29	3.50	5.29
Total Volume	5.7	5	7	5	7
Total OI	35.4	34	37	35	37

Daily Data (20 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
2016-07-01	$40.80	$75.00	32.4%	9.3%	74.9%	14.2%	0.0%	0.0%	-10.4%	-55	7.5K	-85	3.50	141.12	N/A	N/A	1	4	27	8
2016-07-05	$39.45	$37.50	223.8%	28.3%	75.0%	100.0%	101.3%	0.0%	-15.7%	-76	8.0K	-82	3.50	126.60	N/A	N/A	1	4	27	8
2016-07-06	$40.50	$37.50	223.6%	33.4%	75.8%	99.9%	117.1%	0.0%	-80.9%	45	2.2K	-91	3.50	147.23	N/A	N/A	1	4	27	8
2016-07-07	$41.10	$37.50	100.5%	24.5%	76.0%	44.7%	85.6%	0.0%	1.5%	-207	8.5K	-74	3.50	58.74	N/A	N/A	1	4	27	8
2016-07-08	$43.35	$37.50	74.3%	21.3%	78.4%	33.0%	0.0%	0.0%	15.4%	-71	4.0K	-46	3.50	118.86	N/A	N/A	1	4	27	8
2016-07-11	$43.35	$37.50	123.7%	35.5%	74.6%	55.1%	0.0%	0.0%	-49.6%	-55	3.4K	-46	3.50	135.15	N/A	N/A	1	4	27	8
2016-07-12	$44.85	$37.50	108.1%	31.0%	75.4%	48.1%	104.3%	0.0%	-125.3%	-206	5.8K	-60	3.50	117.62	N/A	N/A	1	4	27	8
2016-07-13	$43.95	$37.50	77.1%	22.1%	75.4%	34.3%	0.0%	0.0%	23.2%	-55	3.5K	-45	3.50	63.68	N/A	N/A	1	4	27	8
2016-07-14	$43.35	$37.50	80.8%	23.2%	75.7%	35.9%	81.8%	0.0%	7.5%	-216	6.2K	-60	3.50	53.20	N/A	N/A	1	4	27	8
2016-07-15	$43.80	$37.50	115.6%	33.1%	75.6%	51.5%	112.0%	0.0%	-55.5%	-174	5.5K	-60	3.50	116.93	N/A	N/A	1	4	27	8
2016-07-18	$43.20	$37.50	131.5%	37.7%	70.1%	58.6%	128.6%	0.0%	-94.1%	-465	-89	-13	3.00	103.73	N/A	N/A	1	4	27	7
2016-07-19	$42.30	$37.50	86.2%	24.7%	69.4%	38.3%	86.3%	0.0%	-1.0%	-241	4.4K	-58	3.00	45.02	N/A	N/A	1	4	27	7
2016-07-20	$43.50	$37.50	69.6%	19.9%	69.9%	30.9%	70.5%	0.0%	-4.8%	-242	3.4K	-56	3.00	21.95	N/A	N/A	1	4	27	7
2016-07-21	$43.50	$37.50	93.1%	26.7%	69.9%	41.4%	93.8%	0.0%	-14.3%	-240	4.1K	-57	5.00	48.63	N/A	N/A	1	6	27	7
2016-07-22	$45.00	$37.50	74.7%	21.4%	68.2%	33.2%	0.0%	0.0%	-12.3%	-144	1.8K	-47	5.00	26.14	N/A	N/A	1	6	27	10
2016-07-25	$46.95	$37.50	89.6%	25.7%	57.4%	39.8%	103.5%	0.0%	-13.0%	-201	-555	-13	5.00	46.22	N/A	N/A	1	6	27	10
2016-07-26	$45.75	$37.50	84.2%	24.1%	43.0%	37.4%	69.2%	0.0%	-28.6%	-321	2.4K	-58	5.29	49.94	N/A	N/A	1	6	27	10
2016-07-27	$47.10	$37.50	76.0%	21.8%	39.2%	33.8%	79.3%	0.0%	41.0%	-232	1.0K	-54	5.29	104.26	N/A	N/A	1	6	27	10
2016-07-28	$46.35	$37.50	69.4%	19.9%	40.0%	30.8%	60.2%	0.0%	0.5%	-230	613	-51	5.29	27.95	N/A	N/A	1	6	27	10
2016-07-29	$45.30	$37.50	123.5%	35.4%	41.4%	55.0%	144.4%	0.0%	-36.1%	-454	2.1K	-41	5.29	165.19	N/A	N/A	1	6	27	10