FBIO Options History — March 2018

In March 2018, FBIO traded between $62.10 and $80.10. ATM implied volatility averaged 64.4%, placing in the 19.5% IV rank vs the trailing year. The 30-day expected move averaged 17.6%. IV traded above realized volatility by 4.1% (HV 20d: 60.3%). 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 11 of 21 days. Put/call ratio averaged 0.25.

Notable Days

2018-03-26: Highest Volume — 28 contracts
2018-03-13: Largest IV spike — 107.6% change
2018-03-13: Highest IV Rank — 62.0%
2018-03-13: Largest Expected Move — 24.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$72.94	$62.10	$80.10	$62.10	$68.40
Max Pain	$71.43	$37.50	$75.00	$37.50	$75.00
ATM IV	64.4%	44.4%	135.6%	52.5%	70.0%
Expected Move	17.6%	13.8%	24.6%	15.1%	20.1%
HV 20d	60.3%	56.3%	66.4%	62.3%	59.3%
HV 60d	59.0%	51.2%	62.0%	59.2%	51.3%
IV Rank	19.5%	5.4%	62.0%	10.5%	25.8%
IV Percentile	33.6%	5.2%	95.6%	14.3%	54.8%
Term Structure	0.1%	-22.2%	14.1%	13.4%	-10.8%
VWIV	62.1%	48.0%	82.0%	52.5%	72.7%
Bid-Ask Spread %	60.82	10.75	120.37	10.75	52.22
Gamma HHI	0.79	0.56	0.92	0.76	0.84
Net GEX	3.2K	1.7K	5.3K	1.7K	1.9K
Net DEX	-146.1K	-250.1K	-44.6K	-50.5K	-44.6K
Net VEX	-916	-1.1K	-724	-724	-818
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.25	0.10	0.80	0.32	0.10
Total Volume	19.095	7	28	9	26
Total OI	85.286	70	97	70	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
2018-03-01	$62.10	$37.50	52.5%	15.1%	62.3%	10.5%	52.5%	0.0%	13.4%	1.7K	-50.5K	-724	0.32	10.75	N/A	N/A	7	2	52	18
2018-03-02	$63.60	$37.50	66.5%	19.1%	59.4%	19.1%	49.8%	0.0%	3.4%	1.9K	-56.8K	-735	0.32	24.45	N/A	N/A	7	2	54	18
2018-03-05	$65.10	$75.00	44.4%	18.3%	59.3%	5.4%	64.1%	0.0%	-15.1%	2.3K	-70.4K	-768	0.41	26.24	N/A	N/A	5	2	54	18
2018-03-06	$63.90	$75.00	59.3%	18.2%	56.3%	14.6%	63.9%	0.0%	-0.2%	2.0K	-65.5K	-764	0.19	38.08	N/A	N/A	11	2	54	18
2018-03-07	$71.25	$75.00	68.2%	13.8%	66.4%	20.1%	49.0%	0.0%	11.9%	4.4K	-138.1K	-937	0.40	66.24	N/A	N/A	9	4	60	19
2018-03-08	$72.30	$75.00	77.8%	16.9%	65.9%	26.1%	58.4%	0.0%	-10.0%	4.4K	-148.0K	-958	0.60	70.69	N/A	N/A	6	4	61	20
2018-03-09	$73.65	$75.00	45.8%	14.1%	62.6%	6.2%	48.0%	0.0%	9.9%	5.3K	-173.5K	-939	0.19	93.19	N/A	N/A	20	4	60	20
2018-03-12	$74.85	$75.00	65.3%	17.1%	62.6%	18.4%	57.6%	0.0%	5.4%	4.0K	-167.3K	-956	0.33	64.31	N/A	N/A	10	3	58	21
2018-03-13	$80.10	$75.00	135.6%	24.6%	56.3%	62.0%	82.0%	0.0%	-22.2%	3.7K	-238.0K	-1.0K	0.80	86.39	N/A	N/A	6	5	61	21
2018-03-14	$79.95	$75.00	75.4%	21.6%	57.0%	24.7%	77.0%	0.0%	0.4%	4.0K	-250.1K	-1.1K	0.27	60.34	N/A	N/A	20	5	62	24
2018-03-15	$76.05	$75.00	60.0%	17.2%	62.4%	18.3%	66.4%	0.0%	-3.8%	4.6K	-185.1K	-1.0K	0.17	120.37	N/A	N/A	17	3	73	23
2018-03-16	$77.85	$75.00	65.0%	18.6%	61.4%	22.1%	71.0%	0.0%	-6.6%	3.2K	-212.7K	-997	0.15	99.83	N/A	N/A	19	3	73	24
2018-03-19	$77.40	$75.00	59.8%	17.1%	61.6%	18.2%	68.0%	0.0%	5.9%	3.1K	-196.1K	-945	0.15	94.56	N/A	N/A	19	3	69	24
2018-03-20	$78.60	$75.00	67.9%	19.5%	59.5%	24.3%	67.3%	0.0%	-0.9%	3.2K	-213.6K	-1.0K	0.15	31.50	N/A	N/A	19	3	69	24
2018-03-21	$77.10	$75.00	57.2%	16.4%	58.5%	16.2%	64.7%	0.0%	-6.7%	3.1K	-177.4K	-962	0.14	92.52	N/A	N/A	20	3	69	24
2018-03-22	$77.55	$75.00	53.2%	15.3%	58.1%	13.2%	57.4%	0.0%	14.1%	3.1K	-200.6K	-980	0.13	44.30	N/A	N/A	22	3	70	25
2018-03-23	$74.40	$75.00	58.8%	16.9%	59.1%	17.4%	60.5%	0.0%	6.8%	2.9K	-145.2K	-961	0.13	36.68	N/A	N/A	22	3	67	25
2018-03-26	$74.70	$75.00	60.0%	17.2%	59.0%	18.3%	60.4%	0.0%	-5.6%	3.0K	-129.7K	-949	0.11	49.60	N/A	N/A	25	3	67	25
2018-03-27	$72.00	$75.00	58.3%	16.7%	60.6%	17.0%	58.9%	0.0%	5.9%	2.3K	-100.1K	-898	0.11	44.14	N/A	N/A	25	3	64	25
2018-03-28	$70.80	$75.00	52.0%	14.9%	58.9%	12.3%	54.6%	0.0%	6.3%	2.3K	-105.9K	-855	0.10	70.89	N/A	N/A	24	2	64	25
2018-03-29	$68.40	$75.00	70.0%	20.1%	59.3%	25.8%	72.7%	0.0%	-10.8%	1.9K	-44.6K	-818	0.10	52.22	N/A	N/A	24	2	64	25