FBIO Options History — May 2018

In May 2018, FBIO traded between $47.25 and $58.35. ATM implied volatility averaged 80.4%, placing in the 32.5% IV rank vs the trailing year. The 30-day expected move averaged 20.4%. IV traded above realized volatility by 29.1% (HV 20d: 51.2%). Max pain ranged from $37.50 to $112.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 0.73.

Notable Days

2018-05-16: Highest Volume — 24 contracts
2018-05-03: Largest IV spike — 56.6% change
2018-05-07: Highest IV Rank — 100.0%
2018-05-11: Largest Expected Move — 37.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$53.70	$47.25	$58.35	$58.35	$51.45
Max Pain	$75.00	$37.50	$112.50	$75.00	$37.50
ATM IV	80.4%	53.2%	177.2%	53.2%	71.5%
Expected Move	20.4%	14.8%	37.1%	15.2%	20.5%
HV 20d	51.2%	36.4%	68.5%	68.5%	56.9%
HV 60d	60.6%	57.4%	63.1%	63.1%	61.9%
IV Rank	32.5%	13.9%	100.0%	13.9%	25.3%
IV Percentile	56.2%	16.7%	100.0%	16.7%	61.9%
Term Structure	-19.6%	-49.2%	13.9%	-11.3%	-34.7%
VWIV	84.9%	58.3%	145.4%	75.7%	75.1%
Bid-Ask Spread %	42.48	7.41	132.01	11.06	16.62
Gamma HHI	0.55	0.33	0.96	0.51	0.93
Net GEX	110	53	193	58	109
Net DEX	45.5K	25.9K	68.5K	62.6K	43.6K
Net VEX	-243	-356	-114	-356	-135
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.73	0.12	2.48	0.15	2.11
Total Volume	10.5	3	24	13	6
Total OI	63.182	38	78	73	45

Daily Data (22 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
2018-05-01	$58.35	$75.00	53.2%	15.2%	68.5%	13.9%	0.0%	0.0%	-11.3%	58	62.6K	-356	0.15	11.06	N/A	N/A	11	2	48	25
2018-05-02	$58.35	$75.00	70.7%	20.3%	64.0%	27.9%	0.0%	0.0%	-32.4%	64	61.7K	-332	0.12	69.28	N/A	N/A	11	1	49	25
2018-05-03	$56.85	$0.00	110.7%	22.5%	64.1%	59.8%	0.0%	0.0%	-15.1%	108	60.2K	-337	0.16	124.90	N/A	N/A	8	1	49	25
2018-05-04	$55.20	$0.00	126.4%	22.1%	63.8%	72.5%	75.7%	0.0%	0.8%	100	60.0K	-333	0.61	20.05	N/A	N/A	2	1	49	25
2018-05-07	$55.95	$112.50	177.2%	33.8%	64.5%	100.0%	119.4%	0.0%	-49.2%	88	67.4K	-304	0.61	118.78	N/A	N/A	2	1	49	25
2018-05-08	$56.40	$112.50	111.6%	14.8%	64.8%	53.7%	86.5%	0.0%	13.9%	92	68.5K	-296	0.61	64.16	N/A	N/A	2	1	49	25
2018-05-09	$56.70	$112.50	84.6%	24.3%	63.6%	34.5%	132.1%	0.0%	-31.1%	95	53.7K	-324	0.63	118.17	N/A	N/A	2	1	49	25
2018-05-10	$55.65	$112.50	86.4%	24.8%	52.7%	35.8%	81.1%	0.0%	-21.2%	103	36.6K	-325	0.19	70.42	N/A	N/A	15	3	49	21
2018-05-11	$53.25	$112.50	129.3%	37.1%	36.4%	66.2%	145.4%	0.0%	-36.1%	97	31.8K	-294	0.19	132.01	N/A	N/A	15	3	59	19
2018-05-14	$54.90	$112.50	57.6%	16.5%	39.2%	15.5%	0.0%	0.0%	-20.5%	53	49.7K	-115	0.19	13.31	N/A	N/A	15	3	59	17
2018-05-15	$53.85	$112.50	59.0%	16.9%	38.6%	16.4%	0.0%	0.0%	-22.8%	80	31.2K	-240	0.19	30.43	N/A	N/A	15	3	59	17
2018-05-16	$54.45	$112.50	62.3%	17.8%	39.3%	18.8%	0.0%	0.0%	-25.2%	54	50.7K	-114	0.14	20.07	N/A	N/A	21	3	59	17
2018-05-17	$55.05	$112.50	59.5%	17.1%	40.0%	16.8%	63.3%	0.0%	-21.8%	133	52.8K	-139	0.14	7.59	N/A	N/A	21	3	59	17
2018-05-18	$54.15	$37.50	60.3%	17.3%	38.8%	17.3%	65.4%	0.0%	-17.3%	160	38.4K	-215	0.14	8.24	N/A	N/A	21	3	59	17
2018-05-21	$52.80	$37.50	59.6%	17.1%	39.0%	16.9%	63.7%	0.0%	-14.9%	177	25.9K	-258	0.52	8.77	N/A	N/A	2	1	23	15
2018-05-22	$48.75	$37.50	60.1%	17.2%	41.9%	17.2%	72.4%	0.0%	2.3%	193	29.2K	-211	0.93	25.09	N/A	N/A	3	3	23	15
2018-05-23	$48.60	$37.50	56.2%	16.1%	41.0%	14.5%	64.0%	0.0%	-8.5%	143	34.9K	-237	0.56	9.91	N/A	N/A	3	2	26	19
2018-05-24	$47.25	$37.50	64.2%	18.4%	41.3%	20.1%	82.3%	0.0%	-38.6%	136	28.1K	-270	1.14	20.45	N/A	N/A	1	2	26	19
2018-05-25	$52.20	$37.50	75.5%	21.7%	57.2%	28.1%	91.8%	0.0%	-15.3%	166	26.7K	-287	2.48	19.83	N/A	N/A	2	4	26	19
2018-05-29	$51.15	$37.50	60.7%	17.4%	56.1%	17.7%	58.3%	0.0%	-15.4%	94	43.8K	-114	2.11	7.41	N/A	N/A	2	4	25	19
2018-05-30	$50.10	$37.50	72.0%	20.6%	55.6%	25.6%	81.7%	0.0%	-17.2%	110	43.4K	-114	2.11	18.05	N/A	N/A	2	4	26	19
2018-05-31	$51.45	$37.50	71.5%	20.5%	56.9%	25.3%	75.1%	0.0%	-34.7%	109	43.6K	-135	2.11	16.62	N/A	N/A	2	4	26	19