FBIO Options History — February 2017

In February 2017, FBIO traded between $36.90 and $46.50. ATM implied volatility averaged 115.0%, placing in the 50.4% IV rank vs the trailing year. The 30-day expected move averaged 31.9%. IV traded above realized volatility by 61.0% (HV 20d: 54.0%). Max pain ranged from $37.50 to $37.50. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 10 of 19 days. Put/call ratio averaged 0.57.

Notable Days

2017-02-01: Highest Volume — 68 contracts
2017-02-06: Largest IV spike — 119.9% change
2017-02-06: Highest IV Rank — 78.8%
2017-02-09: Largest Expected Move — 42.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$41.35	$36.90	$46.50	$36.90	$46.50
Max Pain	$37.50	$37.50	$37.50	$37.50	$37.50
ATM IV	115.0%	80.2%	177.3%	120.7%	91.3%
Expected Move	31.9%	22.8%	42.7%	34.6%	26.2%
HV 20d	54.0%	48.1%	58.5%	50.0%	53.1%
HV 60d	76.1%	74.7%	78.4%	78.0%	75.3%
IV Rank	50.4%	34.5%	78.8%	53.0%	39.6%
IV Percentile	61.0%	23.0%	96.0%	70.6%	38.5%
Term Structure	-1.3%	-54.5%	55.1%	-29.7%	-12.1%
VWIV	98.7%	74.6%	148.3%	120.7%	82.1%
Bid-Ask Spread %	89.23	38.75	121.42	117.37	43.86
Gamma HHI	0.74	0.49	0.96	0.84	0.60
Net GEX	3.0K	800	6.9K	3.3K	896
Net DEX	-119.8K	-239.5K	-67.4K	-67.4K	-90.9K
Net VEX	-351	-532	-227	-532	-227
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.57	0.14	0.85	0.84	0.17
Total Volume	56.947	39	68	68	42
Total OI	117.368	52	150	147	53

Daily Data (19 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
2017-02-01	$36.90	$37.50	120.7%	34.6%	50.0%	53.0%	120.7%	0.0%	-29.7%	3.3K	-67.4K	-532	0.84	117.37	N/A	N/A	37	31	106	41
2017-02-02	$38.55	$37.50	115.5%	22.8%	52.9%	50.6%	79.3%	0.0%	11.6%	4.5K	-69.6K	-486	0.82	114.51	N/A	N/A	37	31	106	41
2017-02-03	$40.95	$37.50	80.6%	29.8%	57.4%	34.7%	0.0%	0.0%	25.0%	5.1K	-120.8K	-488	0.83	102.23	N/A	N/A	37	31	106	41
2017-02-06	$39.00	$37.50	177.3%	35.6%	57.6%	78.8%	148.3%	0.0%	-54.5%	4.0K	-97.4K	-439	0.85	83.61	N/A	N/A	36	31	106	41
2017-02-07	$38.25	$37.50	108.5%	29.9%	56.8%	47.4%	115.8%	0.0%	-17.6%	5.7K	-86.8K	-435	0.85	70.76	N/A	N/A	36	31	106	41
2017-02-08	$38.25	$37.50	80.2%	23.0%	55.9%	34.5%	74.6%	0.0%	19.0%	5.9K	-90.8K	-416	0.85	68.51	N/A	N/A	36	31	106	41
2017-02-09	$40.35	$37.50	149.1%	42.7%	58.5%	65.9%	0.0%	0.0%	-48.9%	5.3K	-106.9K	-401	0.85	114.70	N/A	N/A	36	31	106	41
2017-02-10	$41.10	$37.50	94.3%	27.0%	57.8%	40.9%	0.0%	0.0%	19.7%	6.1K	-140.4K	-349	0.85	88.81	N/A	N/A	36	31	106	41
2017-02-13	$40.35	$37.50	97.4%	27.9%	58.3%	42.4%	92.8%	0.0%	-10.0%	6.9K	-132.6K	-329	0.85	117.48	N/A	N/A	36	31	106	41
2017-02-14	$39.90	$37.50	119.5%	34.3%	58.5%	52.4%	105.2%	0.0%	-13.9%	2.5K	-184.6K	-263	0.84	51.52	N/A	N/A	37	31	106	41
2017-02-15	$41.70	$37.50	143.2%	41.0%	54.1%	63.2%	0.0%	0.0%	5.9%	925	-218.2K	-296	0.48	112.72	N/A	N/A	37	18	108	42
2017-02-16	$42.75	$37.50	136.0%	39.0%	48.3%	59.9%	86.7%	0.0%	8.2%	921	-216.7K	-283	0.48	114.50	N/A	N/A	38	18	108	41
2017-02-17	$42.75	$37.50	112.9%	32.4%	48.1%	49.4%	0.0%	0.0%	-10.5%	818	-239.5K	-267	0.52	94.19	N/A	N/A	37	19	108	37
2017-02-21	$41.10	$37.50	105.2%	30.2%	51.1%	45.9%	89.1%	0.0%	49.4%	800	-71.0K	-322	0.14	121.42	N/A	N/A	36	5	43	9
2017-02-22	$42.90	$37.50	125.0%	35.8%	50.7%	54.9%	0.0%	0.0%	-45.5%	821	-80.9K	-296	0.14	118.63	N/A	N/A	34	5	43	9
2017-02-23	$44.25	$37.50	99.4%	28.5%	51.1%	43.3%	100.4%	0.0%	3.8%	949	-89.4K	-279	0.15	55.04	N/A	N/A	34	5	44	9
2017-02-24	$43.65	$37.50	88.8%	25.4%	51.4%	38.4%	90.0%	0.0%	20.4%	870	-77.8K	-264	0.16	38.75	N/A	N/A	34	6	43	10
2017-02-27	$46.50	$37.50	140.8%	40.4%	54.7%	62.1%	0.0%	0.0%	55.1%	945	-95.4K	-290	0.16	66.75	N/A	N/A	34	6	43	10
2017-02-28	$46.50	$37.50	91.3%	26.2%	53.1%	39.6%	82.1%	0.0%	-12.1%	896	-90.9K	-227	0.17	43.86	N/A	N/A	36	6	43	10