FBIO Options History — January 2018

In January 2018, FBIO traded between $58.80 and $63.00. ATM implied volatility averaged 59.0%, placing in the 14.4% IV rank vs the trailing year. The 30-day expected move averaged 16.5%. IV traded below realized volatility by 6.8% (HV 20d: 65.8%). Max pain ranged from $37.50 to $75.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 0.92.

Notable Days

2018-01-05: Highest Volume — 24 contracts
2018-01-19: Largest IV spike — 63.3% change
2018-01-02: Highest IV Rank — 33.8%
2018-01-02: Largest Expected Move — 25.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$60.81	$58.80	$63.00	$61.20	$59.55
Max Pain	$41.07	$37.50	$75.00	$75.00	$37.50
ATM IV	59.0%	37.2%	90.2%	90.2%	63.7%
Expected Move	16.5%	10.7%	25.9%	25.9%	18.3%
HV 20d	65.8%	26.6%	79.2%	79.2%	26.6%
HV 60d	56.6%	53.6%	58.9%	58.3%	53.7%
IV Rank	14.4%	0.9%	33.8%	33.8%	17.4%
IV Percentile	23.5%	0.4%	64.3%	63.9%	28.2%
Term Structure	6.5%	-34.9%	31.7%	-34.9%	-5.5%
VWIV	67.4%	38.1%	121.3%	92.2%	61.6%
Bid-Ask Spread %	40.48	-7.66	63.16	-7.66	40.13
Gamma HHI	0.66	0.34	0.85	0.77	0.69
Net GEX	1.5K	356	2.5K	1.6K	842
Net DEX	-42.0K	-81.7K	31.1K	-40.6K	31.1K
Net VEX	-433	-567	-216	-230	-216
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.92	0.20	1.70	0.33	1.70
Total Volume	13.714	7	24	15	11
Total OI	83.238	65	92	65	89

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
2018-01-02	$61.20	$75.00	90.2%	25.9%	79.2%	33.8%	92.2%	0.0%	-34.9%	1.6K	-40.6K	-230	0.33	-7.66	N/A	N/A	11	4	59	6
2018-01-03	$60.90	$75.00	82.2%	23.6%	75.5%	28.8%	121.3%	0.0%	-10.4%	1.6K	-47.5K	-270	0.27	50.49	N/A	N/A	14	4	60	6
2018-01-04	$62.85	$37.50	39.5%	13.4%	73.2%	2.3%	49.0%	0.0%	4.4%	2.0K	-66.8K	-253	0.20	25.11	N/A	N/A	19	4	64	6
2018-01-05	$63.00	$37.50	55.5%	15.1%	71.1%	12.3%	51.4%	0.0%	7.4%	2.2K	-81.7K	-365	0.41	34.24	N/A	N/A	17	7	69	6
2018-01-08	$62.10	$37.50	59.5%	14.6%	70.8%	14.8%	49.7%	0.0%	2.9%	2.1K	-70.2K	-478	0.48	38.64	N/A	N/A	15	7	72	11
2018-01-09	$61.50	$37.50	76.3%	13.7%	70.9%	25.2%	50.8%	0.0%	25.6%	2.0K	-65.3K	-455	0.76	46.81	N/A	N/A	9	7	73	11
2018-01-10	$62.70	$37.50	37.2%	10.7%	71.0%	0.9%	38.1%	0.0%	29.0%	2.0K	-61.9K	-449	0.76	26.79	N/A	N/A	9	7	74	11
2018-01-11	$61.80	$37.50	58.4%	16.7%	70.1%	14.1%	51.4%	0.0%	-3.2%	2.1K	-72.1K	-479	0.83	55.95	N/A	N/A	8	7	74	11
2018-01-12	$61.95	$37.50	51.8%	14.9%	70.1%	10.0%	49.1%	0.0%	-11.6%	2.5K	-79.0K	-482	0.83	48.75	N/A	N/A	8	7	74	12
2018-01-16	$58.80	$37.50	40.9%	11.7%	72.5%	3.2%	47.6%	0.0%	30.5%	1.5K	-44.4K	-407	1.01	51.33	N/A	N/A	8	8	74	12
2018-01-17	$59.70	$37.50	57.1%	16.4%	72.4%	13.3%	70.2%	0.0%	6.3%	1.7K	-46.2K	-506	0.59	37.38	N/A	N/A	8	5	75	16
2018-01-18	$59.55	$37.50	40.5%	11.6%	72.4%	2.9%	46.6%	0.0%	14.1%	1.4K	-34.9K	-492	0.59	45.57	N/A	N/A	8	5	75	17
2018-01-19	$59.40	$37.50	66.1%	18.9%	72.1%	18.8%	99.9%	0.0%	12.4%	1.7K	-45.4K	-567	1.06	61.70	N/A	N/A	4	5	75	17
2018-01-22	$59.40	$37.50	43.3%	12.4%	72.0%	4.7%	50.1%	0.0%	25.5%	484	-17.2K	-438	1.22	12.85	N/A	N/A	3	4	67	17
2018-01-23	$60.00	$37.50	69.0%	19.8%	71.8%	20.7%	101.0%	0.0%	-0.1%	1.5K	-36.2K	-517	1.17	46.94	N/A	N/A	3	4	67	17
2018-01-24	$60.30	$37.50	47.7%	13.7%	70.3%	7.4%	58.4%	0.0%	-0.4%	543	-14.0K	-431	1.17	36.76	N/A	N/A	3	4	67	17
2018-01-25	$60.30	$37.50	56.0%	16.1%	69.9%	12.6%	74.0%	0.0%	17.9%	551	-25.0K	-474	0.92	51.99	N/A	N/A	4	4	67	17
2018-01-26	$60.75	$37.50	68.2%	19.6%	69.5%	20.2%	98.6%	0.0%	-1.2%	1.6K	-33.4K	-522	1.70	49.28	N/A	N/A	4	7	68	17
2018-01-29	$60.75	$37.50	83.5%	23.9%	31.3%	29.7%	87.9%	0.0%	31.7%	469	-20.9K	-549	1.70	63.16	N/A	N/A	4	7	68	21
2018-01-30	$60.60	$37.50	52.0%	14.9%	29.2%	10.1%	61.6%	0.0%	-3.9%	356	-10.0K	-521	1.70	33.86	N/A	N/A	4	7	68	21
2018-01-31	$59.55	$37.50	63.7%	18.3%	26.6%	17.4%	0.0%	0.0%	-5.5%	842	31.1K	-216	1.70	40.13	N/A	N/A	4	7	68	21