FBIO Options History — January 2017

In January 2017, FBIO traded between $33.75 and $42.60. ATM implied volatility averaged 120.2%, placing in the 52.7% IV rank vs the trailing year. The 30-day expected move averaged 33.9%. IV traded above realized volatility by 26.0% (HV 20d: 94.2%). Max pain ranged from $37.50 to $37.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 10 of 20 days. Put/call ratio averaged 4.34.

Notable Days

2017-01-31: Highest Volume — 68 contracts
2017-01-30: Largest IV spike — 62.5% change
2017-01-30: Highest IV Rank — 84.1%
2017-01-30: Largest Expected Move — 54.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$37.73	$33.75	$42.60	$41.70	$36.75
Max Pain	$37.50	$37.50	$37.50	$37.50	$37.50
ATM IV	120.2%	81.4%	189.0%	89.7%	117.6%
Expected Move	33.9%	23.3%	54.2%	25.7%	33.7%
HV 20d	94.2%	49.0%	107.1%	106.3%	52.2%
HV 60d	81.1%	80.0%	82.6%	80.2%	81.2%
IV Rank	52.7%	35.0%	84.1%	38.8%	51.6%
IV Percentile	66.1%	24.6%	97.6%	38.1%	67.9%
Term Structure	3.4%	-59.8%	79.4%	56.6%	4.6%
VWIV	125.7%	82.3%	189.6%	102.8%	118.0%
Bid-Ask Spread %	80.83	32.32	115.72	106.65	94.71
Gamma HHI	0.87	0.54	1.00	0.54	0.87
Net GEX	3.0K	901	5.0K	901	3.8K
Net DEX	-147.0K	-396.2K	-31.2K	-377.5K	-96.0K
Net VEX	-715	-996	-524	-532	-637
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	4.34	0.30	14.12	0.33	0.84
Total Volume	45.75	29	68	29	68
Total OI	173.15	154	188	154	160

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
2017-01-03	$41.70	$37.50	89.7%	25.7%	106.3%	38.8%	0.0%	0.0%	56.6%	901	-377.5K	-532	0.33	106.65	N/A	N/A	22	7	134	20
2017-01-04	$42.00	$37.50	129.8%	37.2%	106.3%	57.1%	0.0%	0.0%	37.5%	1.1K	-372.6K	-524	0.30	105.86	N/A	N/A	25	8	134	21
2017-01-05	$42.60	$37.50	113.0%	34.5%	104.2%	49.5%	0.0%	0.0%	-5.8%	1.0K	-396.2K	-528	1.51	103.39	N/A	N/A	24	37	138	20
2017-01-06	$40.65	$37.50	127.6%	37.3%	105.6%	56.1%	102.8%	0.0%	-40.4%	2.9K	-180.7K	-996	1.85	99.62	N/A	N/A	20	37	140	46
2017-01-09	$39.30	$37.50	161.4%	32.3%	106.5%	71.5%	113.8%	0.0%	3.8%	3.3K	-143.1K	-909	2.04	92.33	N/A	N/A	18	37	141	46
2017-01-10	$40.35	$37.50	119.2%	34.4%	106.6%	52.3%	157.9%	0.0%	-6.7%	3.2K	-176.9K	-912	1.83	94.84	N/A	N/A	20	36	141	46
2017-01-11	$39.30	$37.50	149.6%	42.9%	107.1%	66.1%	144.6%	0.0%	-35.3%	3.0K	-144.5K	-913	2.16	108.27	N/A	N/A	17	36	140	48
2017-01-12	$38.25	$37.50	107.0%	30.7%	107.0%	46.7%	105.0%	0.0%	-2.7%	3.7K	-130.4K	-860	2.12	32.32	N/A	N/A	17	35	140	48
2017-01-13	$38.55	$37.50	124.3%	35.6%	106.9%	54.6%	162.5%	0.0%	-4.1%	3.0K	-139.2K	-865	2.12	92.36	N/A	N/A	17	35	140	48
2017-01-17	$38.70	$37.50	123.0%	35.2%	92.6%	54.0%	147.6%	0.0%	-6.6%	5.0K	-160.0K	-805	2.12	102.33	N/A	N/A	17	35	140	48
2017-01-18	$36.15	$37.50	135.4%	38.8%	96.8%	59.7%	126.7%	0.0%	-38.9%	3.2K	-88.2K	-758	2.20	106.45	N/A	N/A	15	33	140	48
2017-01-19	$34.05	$37.50	82.1%	23.5%	99.8%	35.4%	105.3%	0.0%	4.2%	4.0K	-80.0K	-638	2.28	69.00	N/A	N/A	14	33	140	48
2017-01-20	$33.90	$37.50	115.7%	33.2%	90.7%	50.7%	125.9%	0.0%	-16.5%	3.1K	-31.2K	-653	2.42	32.89	N/A	N/A	14	35	140	48
2017-01-23	$33.75	$37.50	81.4%	23.3%	90.2%	35.0%	82.3%	0.0%	79.4%	3.7K	-36.7K	-585	14.12	56.86	N/A	N/A	2	31	119	41
2017-01-24	$35.40	$37.50	110.1%	31.6%	91.1%	48.1%	116.7%	0.0%	21.3%	2.9K	-65.0K	-661	9.71	39.64	N/A	N/A	3	31	119	41
2017-01-25	$36.15	$37.50	99.3%	28.5%	90.3%	43.2%	98.5%	0.0%	24.9%	3.5K	-67.0K	-642	9.71	42.69	N/A	N/A	3	31	119	41
2017-01-26	$35.85	$37.50	112.5%	32.2%	89.1%	49.2%	113.9%	0.0%	19.3%	2.9K	-62.3K	-606	9.71	67.31	N/A	N/A	3	31	119	41
2017-01-27	$36.00	$37.50	116.3%	33.4%	84.6%	51.0%	125.1%	0.0%	32.9%	3.0K	-94.6K	-636	9.71	53.37	N/A	N/A	3	31	119	41
2017-01-30	$35.10	$37.50	189.0%	54.2%	49.0%	84.1%	189.6%	0.0%	-59.8%	2.1K	-97.4K	-634	9.71	115.72	N/A	N/A	3	31	119	41
2017-01-31	$36.75	$37.50	117.6%	33.7%	52.2%	51.6%	118.0%	0.0%	4.6%	3.8K	-96.0K	-637	0.84	94.71	N/A	N/A	37	31	119	41