FBIO Options History — September 2016

In September 2016, FBIO traded between $37.05 and $45.60. ATM implied volatility averaged 91.0%, placing in the 39.5% IV rank vs the trailing year. The 30-day expected move averaged 22.3%. IV traded above realized volatility by 52.5% (HV 20d: 38.5%). Max pain ranged from $37.50 to $37.50. Net GEX was positive for 12 of 21 trading days. Term structure was in contango for 16 of 21 days. Put/call ratio averaged 2.64.

Notable Days

2016-09-16: Highest Volume — 167 contracts
2016-09-06: Largest IV spike — 85.5% change
2016-09-12: Highest IV Rank — 87.4%
2016-09-27: Largest Expected Move — 28.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$41.06	$37.05	$45.60	$40.65	$44.10
Max Pain	$37.50	$37.50	$37.50	$37.50	$37.50
ATM IV	91.0%	53.5%	196.2%	87.1%	63.3%
Expected Move	22.3%	15.3%	28.0%	25.0%	18.2%
HV 20d	38.5%	27.7%	46.7%	30.1%	46.7%
HV 60d	47.1%	39.8%	53.4%	52.7%	40.4%
IV Rank	39.5%	22.3%	87.4%	38.8%	26.8%
IV Percentile	36.9%	4.4%	98.4%	32.1%	7.9%
Term Structure	8.4%	-19.5%	68.4%	-9.4%	3.9%
VWIV	75.6%	50.1%	97.8%	84.2%	73.4%
Bid-Ask Spread %	72.16	26.64	119.65	119.65	92.45
Gamma HHI	0.86	0.57	1.00	0.57	0.95
Net GEX	-2.3K	-9.2K	1.5K	373	-5.8K
Net DEX	-131.6K	-287.2K	25.9K	-103.1K	-204.4K
Net VEX	-676	-1.3K	-130	-490	-726
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	2.64	0.13	4.95	0.20	4.76
Total Volume	105.333	32	167	44	167
Total OI	155.143	74	235	74	235

Daily Data (21 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
2016-09-01	$40.65	$37.50	87.1%	25.0%	30.1%	38.8%	84.2%	0.0%	-9.4%	373	-103.1K	-490	0.20	119.65	N/A	N/A	37	7	59	15
2016-09-02	$41.10	$37.50	69.5%	19.9%	30.1%	29.6%	64.8%	0.0%	10.1%	482	-96.1K	-514	0.20	69.11	N/A	N/A	37	7	59	15
2016-09-06	$40.80	$37.50	129.0%	22.2%	30.1%	56.8%	77.2%	0.0%	3.8%	456	-95.1K	-503	0.20	35.32	N/A	N/A	37	7	59	15
2016-09-07	$38.85	$37.50	109.3%	23.3%	34.0%	47.7%	81.7%	0.0%	8.7%	328	-80.9K	-493	0.19	55.97	N/A	N/A	38	7	59	15
2016-09-08	$38.85	$37.50	87.8%	22.5%	27.7%	38.0%	78.3%	0.0%	11.6%	382	-80.6K	-501	0.19	32.35	N/A	N/A	38	7	60	15
2016-09-09	$37.05	$37.50	127.0%	24.6%	30.9%	55.8%	85.9%	0.0%	1.3%	440	-75.1K	-485	0.15	52.79	N/A	N/A	28	4	60	15
2016-09-12	$38.55	$37.50	196.2%	27.3%	35.0%	87.4%	97.8%	0.0%	-5.9%	870	-101.5K	-603	0.15	61.17	N/A	N/A	28	4	73	15
2016-09-13	$37.80	$37.50	134.6%	24.5%	35.4%	59.3%	85.6%	0.0%	0.1%	646	-108.9K	-610	0.13	61.78	N/A	N/A	28	4	73	16
2016-09-14	$37.20	$37.50	83.3%	23.9%	35.5%	35.9%	82.0%	0.0%	-3.2%	592	-109.9K	-586	0.13	26.64	N/A	N/A	28	4	73	16
2016-09-15	$37.50	$37.50	96.2%	27.6%	34.5%	41.8%	96.3%	0.0%	0.6%	876	-135.9K	-730	0.13	45.87	N/A	N/A	28	4	86	16
2016-09-16	$37.95	$37.50	76.5%	21.9%	35.1%	32.8%	70.2%	0.0%	24.5%	1.4K	-158.7K	-692	4.94	94.50	N/A	N/A	28	139	86	16
2016-09-19	$39.30	$37.50	75.0%	21.5%	37.9%	32.1%	71.2%	0.0%	-19.5%	-9.2K	25.9K	-1.3K	4.95	89.76	N/A	N/A	28	138	86	148
2016-09-20	$41.55	$37.50	74.6%	21.4%	43.4%	32.0%	0.0%	0.0%	4.2%	1.5K	-186.7K	-702	4.95	75.46	N/A	N/A	28	138	86	148
2016-09-21	$43.50	$37.50	60.6%	17.4%	46.5%	25.6%	70.8%	0.0%	52.0%	-7.9K	-112.1K	-1.1K	4.95	60.88	N/A	N/A	28	138	86	148
2016-09-22	$44.70	$37.50	93.2%	26.7%	46.3%	40.4%	64.8%	0.0%	-16.7%	-8.0K	-207.6K	-444	4.95	109.18	N/A	N/A	28	138	86	148
2016-09-23	$45.00	$37.50	61.8%	17.7%	46.1%	26.1%	66.6%	0.0%	6.8%	-3.9K	-179.5K	-848	4.95	101.76	N/A	N/A	28	138	86	148
2016-09-26	$45.60	$37.50	62.9%	18.0%	45.0%	26.6%	72.3%	0.0%	68.4%	-4.6K	-287.2K	-130	4.95	98.09	N/A	N/A	28	138	86	148
2016-09-27	$44.70	$37.50	97.6%	28.0%	45.8%	42.4%	71.1%	0.0%	8.3%	-6.6K	-143.8K	-957	4.95	111.09	N/A	N/A	28	138	86	148
2016-09-28	$44.55	$37.50	53.5%	15.3%	45.7%	22.3%	50.1%	0.0%	26.1%	-3.0K	-196.0K	-793	4.76	28.31	N/A	N/A	29	138	86	148
2016-09-29	$43.05	$37.50	71.0%	20.3%	46.2%	30.3%	67.9%	0.0%	0.3%	-8.4K	-127.2K	-960	4.76	93.18	N/A	N/A	29	138	87	148
2016-09-30	$44.10	$37.50	63.3%	18.2%	46.7%	26.8%	73.4%	0.0%	3.9%	-5.8K	-204.4K	-726	4.76	92.45	N/A	N/A	29	138	87	148