FBIO Options History — April 2017

In April 2017, FBIO traded between $47.55 and $56.55. ATM implied volatility averaged 92.8%, placing in the 36.9% IV rank vs the trailing year. The 30-day expected move averaged 23.6%. IV traded above realized volatility by 35.0% (HV 20d: 57.9%). Max pain ranged from $37.50 to $75.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 5 of 19 days. Put/call ratio averaged 1.18.

Notable Days

2017-04-28: Highest Volume — 16 contracts
2017-04-27: Largest IV spike — 63.2% change
2017-04-10: Highest IV Rank — 73.3%
2017-04-04: Largest Expected Move — 45.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$50.98	$47.55	$56.55	$52.05	$55.05
Max Pain	$43.42	$37.50	$75.00	$75.00	$37.50
ATM IV	92.8%	57.9%	168.4%	114.7%	89.5%
Expected Move	23.6%	16.6%	45.7%	32.9%	25.7%
HV 20d	57.9%	48.2%	64.5%	61.0%	57.2%
HV 60d	54.4%	51.9%	55.9%	55.9%	55.2%
IV Rank	36.9%	20.1%	73.3%	47.4%	35.3%
IV Percentile	35.8%	4.4%	94.4%	60.7%	34.9%
Term Structure	-13.7%	-97.8%	26.5%	-49.0%	-32.1%
VWIV	79.3%	56.2%	134.2%	80.1%	113.6%
Bid-Ask Spread %	56.58	19.51	115.33	45.35	30.21
Gamma HHI	0.64	0.49	0.82	0.75	0.82
Net GEX	402	202	587	413	335
Net DEX	-107.0K	-135.0K	-98.1K	-109.2K	-117.8K
Net VEX	-133	-224	-84	-114	-224
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.18	0.45	1.91	1.57	0.45
Total Volume	12.158	9	16	11	16
Total OI	63.684	56	67	65	59

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
2017-04-03	$52.05	$75.00	114.7%	32.9%	61.0%	47.4%	80.1%	0.0%	-49.0%	413	-109.2K	-114	1.57	45.35	N/A	N/A	4	7	53	12
2017-04-04	$49.95	$75.00	159.5%	45.7%	62.8%	69.0%	134.2%	0.0%	-97.8%	401	-105.4K	-105	1.42	107.63	N/A	N/A	5	7	53	12
2017-04-05	$51.90	$75.00	97.3%	27.9%	64.0%	39.1%	84.5%	0.0%	-6.3%	468	-102.5K	-127	1.91	42.13	N/A	N/A	4	7	52	12
2017-04-06	$50.25	$37.50	94.4%	19.8%	64.5%	37.7%	59.3%	0.0%	-17.8%	369	-99.8K	-114	1.11	54.99	N/A	N/A	6	7	52	12
2017-04-07	$50.40	$37.50	105.9%	19.9%	63.7%	43.2%	60.1%	0.0%	2.8%	448	-102.3K	-122	1.11	26.83	N/A	N/A	6	7	55	12
2017-04-10	$50.10	$37.50	168.4%	22.1%	63.7%	73.3%	62.6%	0.0%	-13.4%	449	-98.3K	-116	1.11	84.95	N/A	N/A	6	7	55	12
2017-04-11	$51.45	$37.50	117.9%	19.9%	64.0%	49.0%	64.5%	0.0%	-14.7%	363	-111.4K	-137	1.38	46.71	N/A	N/A	5	7	55	12
2017-04-12	$50.55	$37.50	76.9%	22.0%	61.9%	29.2%	56.6%	0.0%	-8.7%	485	-101.9K	-122	1.38	75.55	N/A	N/A	5	7	55	12
2017-04-13	$49.20	$37.50	83.6%	24.0%	62.4%	32.5%	85.9%	0.0%	-16.1%	587	-99.8K	-156	1.38	115.33	N/A	N/A	5	7	55	12
2017-04-17	$49.50	$37.50	64.5%	18.5%	55.7%	23.2%	64.6%	0.0%	-2.5%	349	-107.1K	-124	1.38	23.17	N/A	N/A	5	7	55	11
2017-04-18	$48.15	$37.50	66.6%	19.1%	55.2%	24.3%	63.1%	0.0%	10.8%	414	-98.1K	-101	1.38	68.83	N/A	N/A	5	7	55	11
2017-04-19	$48.75	$37.50	64.7%	18.5%	49.0%	23.3%	56.2%	0.0%	16.0%	395	-105.0K	-125	1.38	77.25	N/A	N/A	5	7	55	11
2017-04-20	$48.90	$37.50	69.9%	20.0%	49.1%	25.9%	58.1%	0.0%	-13.4%	325	-100.0K	-84	1.38	50.14	N/A	N/A	5	7	55	11
2017-04-21	$47.55	$37.50	71.4%	20.5%	49.9%	26.6%	56.3%	0.0%	-9.9%	541	-99.3K	-131	1.09	34.96	N/A	N/A	5	6	55	11
2017-04-24	$49.05	$37.50	74.7%	21.4%	48.2%	28.2%	62.8%	0.0%	18.7%	411	-105.1K	-127	1.10	70.79	N/A	N/A	4	5	45	11
2017-04-25	$53.40	$37.50	91.3%	26.2%	52.9%	36.2%	120.6%	0.0%	-33.3%	344	-121.9K	-135	0.75	28.37	N/A	N/A	7	5	45	11
2017-04-26	$56.55	$37.50	57.9%	16.6%	57.1%	20.1%	100.7%	0.0%	26.5%	202	-135.0K	-159	0.58	19.51	N/A	N/A	8	5	48	11
2017-04-27	$55.80	$37.50	94.5%	27.1%	57.2%	37.7%	123.8%	0.0%	-20.8%	330	-113.8K	-213	0.59	72.24	N/A	N/A	8	5	46	11
2017-04-28	$55.05	$37.50	89.5%	25.7%	57.2%	35.3%	113.6%	0.0%	-32.1%	335	-117.8K	-224	0.45	30.21	N/A	N/A	11	5	48	11