FBIO Options History — August 2016

In August 2016, FBIO traded between $40.80 and $45.00. ATM implied volatility averaged 91.8%, placing in the 40.9% IV rank vs the trailing year. The 30-day expected move averaged 26.7%. IV traded above realized volatility by 53.6% (HV 20d: 38.2%). Max pain ranged from $37.50 to $37.50. Net GEX was positive for 4 of 23 trading days. Term structure was in contango for 7 of 23 days. Put/call ratio averaged 4.74.

Notable Days

2016-08-26: Highest Volume — 46 contracts
2016-08-18: Largest IV spike — 402.6% change
2016-08-03: Highest IV Rank — 63.6%
2016-08-03: Largest Expected Move — 40.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$42.74	$40.80	$45.00	$43.50	$40.80
Max Pain	$37.50	$37.50	$37.50	$37.50	$37.50
ATM IV	91.8%	16.2%	142.6%	105.5%	120.0%
Expected Move	26.7%	14.5%	40.9%	30.2%	34.4%
HV 20d	38.2%	30.4%	44.4%	44.4%	30.4%
HV 60d	54.0%	52.4%	56.3%	56.3%	52.7%
IV Rank	40.9%	7.0%	63.6%	47.0%	53.5%
IV Percentile	40.4%	0.8%	89.7%	58.7%	77.8%
Term Structure	-13.9%	-89.2%	35.1%	-57.6%	-14.2%
VWIV	100.0%	61.3%	164.7%	92.9%	139.5%
Bid-Ask Spread %	104.53	26.05	180.20	155.18	134.24
Gamma HHI	0.84	0.68	1.00	0.86	0.68
Net GEX	-173	-564	727	-441	632
Net DEX	-12.0K	-111.7K	7.9K	5.4K	-94.5K
Net VEX	-122	-528	-14	-58	-528
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	4.74	0.00	12.00	5.29	0.20
Total Volume	14.087	0	46	7	44
Total OI	37.783	13	74	37	74

Daily Data (23 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
2016-08-01	$43.50	$37.50	105.5%	30.2%	44.4%	47.0%	92.9%	0.0%	-57.6%	-441	5.4K	-58	5.29	155.18	N/A	N/A	1	6	27	10
2016-08-02	$43.65	$37.50	72.7%	20.8%	42.2%	32.3%	68.7%	0.0%	-11.9%	-367	3.1K	-57	5.29	37.11	N/A	N/A	1	6	27	10
2016-08-03	$45.00	$37.50	142.6%	40.9%	42.5%	63.6%	164.7%	0.0%	0.0%	-300	-508	-14	5.29	151.21	N/A	N/A	1	6	27	10
2016-08-04	$44.25	$37.50	94.0%	26.8%	43.0%	41.8%	93.5%	0.0%	-77.5%	-494	1.9K	-39	5.29	140.50	N/A	N/A	1	6	27	10
2016-08-05	$44.70	$37.50	74.7%	27.3%	39.0%	33.2%	96.4%	0.0%	-29.6%	-252	1.5K	-56	5.29	98.18	N/A	N/A	1	6	27	10
2016-08-08	$44.70	$37.50	140.0%	31.0%	39.0%	62.4%	108.2%	0.0%	-49.8%	-148	1.4K	-45	5.29	164.16	N/A	N/A	1	6	27	10
2016-08-09	$44.25	$37.50	138.2%	28.9%	37.2%	61.6%	114.9%	0.0%	-11.4%	-411	4.2K	-52	5.29	128.35	N/A	N/A	1	6	27	10
2016-08-10	$41.70	$37.50	77.0%	22.1%	42.2%	34.2%	72.6%	0.0%	2.5%	-564	5.6K	-55	5.29	157.55	N/A	N/A	1	6	27	10
2016-08-11	$42.30	$37.50	118.8%	34.1%	42.4%	53.0%	118.9%	0.0%	-8.6%	-470	5.1K	-57	5.29	104.44	N/A	N/A	1	6	27	10
2016-08-12	$42.30	$37.50	106.9%	30.7%	42.2%	47.6%	115.7%	0.0%	-10.6%	-496	7.1K	-53	5.29	122.78	N/A	N/A	1	6	27	10
2016-08-15	$42.00	$37.50	98.4%	28.2%	42.0%	43.8%	0.0%	0.0%	-32.2%	-116	1.1K	-35	8.24	122.96	N/A	N/A	1	9	27	10
2016-08-16	$42.00	$37.50	50.7%	14.5%	41.3%	22.4%	0.0%	0.0%	3.6%	-171	5.0K	-72	6.36	128.26	N/A	N/A	1	9	27	13
2016-08-17	$42.90	$37.50	16.2%	0.0%	40.8%	7.0%	0.0%	0.0%	0.0%	-469	1.9K	-62	0.00	180.20	N/A	N/A	0	0	28	13
2016-08-18	$42.60	$37.50	81.6%	23.4%	40.8%	36.3%	0.0%	0.0%	21.4%	-259	5.9K	-75	0.00	64.04	N/A	N/A	0	0	28	13
2016-08-19	$42.30	$37.50	74.1%	21.2%	38.7%	32.9%	79.3%	0.0%	28.9%	-271	6.5K	-76	6.67	56.08	N/A	N/A	1	9	28	13
2016-08-22	$42.45	$37.50	83.5%	23.9%	34.9%	37.1%	82.3%	0.0%	35.1%	-264	6.7K	-73	12.00	40.05	N/A	N/A	1	8	5	8
2016-08-23	$42.45	$37.50	64.6%	18.5%	34.1%	28.7%	63.4%	0.0%	17.6%	-244	5.5K	-72	12.00	71.76	N/A	N/A	1	8	5	8
2016-08-24	$41.40	$37.50	68.6%	19.7%	32.5%	30.4%	0.0%	0.0%	-5.5%	-277	6.3K	-71	0.00	64.61	N/A	N/A	0	0	5	8
2016-08-25	$41.10	$37.50	137.7%	39.5%	32.4%	61.4%	127.7%	0.0%	-89.2%	-274	7.9K	-71	0.54	117.43	N/A	N/A	17	9	5	8
2016-08-26	$42.45	$37.50	111.1%	31.8%	34.4%	49.5%	135.1%	0.0%	-1.5%	329	-43.8K	-209	0.25	106.19	N/A	N/A	37	9	22	10
2016-08-29	$42.30	$37.50	63.5%	18.2%	31.5%	28.2%	61.3%	0.0%	4.3%	727	-111.7K	-477	0.23	26.05	N/A	N/A	37	9	58	10
2016-08-30	$42.00	$37.50	72.2%	20.7%	31.5%	32.1%	65.0%	0.0%	-6.5%	620	-106.9K	-503	0.20	32.77	N/A	N/A	37	7	59	14
2016-08-31	$40.80	$37.50	120.0%	34.4%	30.4%	53.5%	139.5%	0.0%	-14.2%	632	-94.5K	-528	0.20	134.24	N/A	N/A	37	7	59	15