FBIO Options History — July 2018

In July 2018, FBIO traded between $32.85 and $46.50. ATM implied volatility averaged 70.1%, placing in the 24.3% IV rank vs the trailing year. The 30-day expected move averaged 19.3%. IV traded above realized volatility by 28.2% (HV 20d: 41.9%). Max pain ranged from $37.50 to $75.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 0.69.

Notable Days

2018-07-11: Highest Volume — 35 contracts
2018-07-10: Largest IV spike — 61.9% change
2018-07-10: Highest IV Rank — 45.3%
2018-07-25: Largest Expected Move — 23.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$41.25	$32.85	$46.50	$45.45	$34.05
Max Pain	$71.43	$37.50	$75.00	$37.50	$75.00
ATM IV	70.1%	55.7%	99.8%	70.9%	69.8%
Expected Move	19.3%	13.1%	23.1%	20.3%	20.0%
HV 20d	41.9%	30.7%	51.2%	51.2%	41.4%
HV 60d	49.7%	46.7%	56.8%	56.7%	49.6%
IV Rank	24.3%	14.1%	45.3%	24.9%	24.1%
IV Percentile	58.1%	24.2%	89.7%	62.3%	62.3%
Term Structure	-2.6%	-20.3%	55.7%	8.9%	55.7%
VWIV	65.3%	43.2%	80.5%	77.5%	72.9%
Bid-Ask Spread %	35.13	8.35	109.90	9.21	78.85
Gamma HHI	0.70	0.51	0.86	0.54	0.55
Net GEX	477	-176	883	87	244
Net DEX	27.8K	-6.7K	53.7K	42.4K	14.5K
Net VEX	-357	-690	-143	-172	-425
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.69	0.14	1.43	1.11	1.13
Total Volume	15.619	6	35	8	6
Total OI	92.762	63	116	63	116

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
2018-07-02	$45.45	$37.50	70.9%	20.3%	51.2%	24.9%	77.5%	0.0%	8.9%	87	42.4K	-172	1.11	9.21	N/A	N/A	4	4	40	23
2018-07-03	$45.60	$37.50	55.7%	16.0%	47.6%	14.1%	64.3%	0.0%	-1.7%	42	43.9K	-162	1.43	18.12	N/A	N/A	3	4	40	23
2018-07-05	$45.90	$75.00	57.5%	16.1%	47.6%	15.4%	47.1%	0.0%	-7.7%	86	39.8K	-181	1.43	8.35	N/A	N/A	3	4	40	23
2018-07-06	$46.50	$75.00	63.3%	13.1%	47.4%	19.5%	43.2%	0.0%	18.0%	56	42.1K	-148	1.43	15.94	N/A	N/A	3	4	40	23
2018-07-09	$45.45	$75.00	61.7%	15.2%	47.9%	18.3%	45.9%	0.0%	-2.6%	53	43.1K	-154	0.59	8.70	N/A	N/A	7	4	40	23
2018-07-10	$45.60	$75.00	99.8%	19.3%	47.9%	45.3%	64.8%	0.0%	-11.4%	185	36.9K	-195	0.14	101.29	N/A	N/A	30	4	43	23
2018-07-11	$45.15	$75.00	62.7%	18.0%	47.8%	19.0%	55.9%	0.0%	-8.1%	775	12.3K	-451	0.15	10.22	N/A	N/A	30	5	66	23
2018-07-12	$45.15	$75.00	67.8%	19.4%	47.8%	22.7%	63.2%	0.0%	-12.2%	765	11.8K	-450	0.15	88.06	N/A	N/A	30	5	65	23
2018-07-13	$45.45	$75.00	57.1%	16.4%	43.4%	15.1%	48.8%	0.0%	-7.7%	771	11.7K	-436	0.15	8.70	N/A	N/A	30	5	65	23
2018-07-16	$43.05	$75.00	73.3%	21.0%	45.0%	26.6%	73.1%	0.0%	-7.2%	644	24.0K	-371	0.15	32.81	N/A	N/A	30	5	65	23
2018-07-17	$42.00	$75.00	70.1%	20.1%	44.9%	24.3%	70.7%	0.0%	-5.1%	598	27.0K	-366	0.17	38.00	N/A	N/A	26	5	65	23
2018-07-18	$40.35	$75.00	73.9%	21.2%	39.7%	27.0%	74.8%	0.0%	-13.3%	846	20.1K	-472	0.44	19.80	N/A	N/A	7	3	85	23
2018-07-19	$40.05	$75.00	68.9%	19.8%	39.5%	23.4%	69.1%	0.0%	-3.0%	740	25.5K	-451	0.43	20.99	N/A	N/A	7	3	87	25
2018-07-20	$38.70	$75.00	73.4%	21.0%	37.2%	26.6%	73.8%	0.0%	-4.1%	758	22.4K	-490	0.35	36.88	N/A	N/A	9	3	90	26
2018-07-23	$38.55	$75.00	74.0%	21.2%	36.9%	27.1%	74.0%	0.0%	-4.0%	812	17.9K	-468	0.25	34.80	N/A	N/A	11	3	80	25
2018-07-24	$37.35	$75.00	73.3%	21.0%	31.5%	26.5%	73.3%	0.0%	-10.5%	818	25.4K	-466	0.98	21.64	N/A	N/A	3	3	87	25
2018-07-25	$36.90	$75.00	80.4%	23.1%	30.7%	31.6%	80.5%	0.0%	-16.9%	883	-6.7K	-690	1.02	28.43	N/A	N/A	3	3	88	26
2018-07-26	$37.05	$75.00	71.5%	20.5%	31.1%	25.3%	71.5%	0.0%	-7.5%	667	31.0K	-466	1.04	35.76	N/A	N/A	3	3	88	26
2018-07-27	$35.10	$75.00	69.1%	19.8%	34.7%	23.6%	61.0%	0.0%	5.5%	-176	53.7K	-143	1.04	109.90	N/A	N/A	3	3	88	26
2018-07-30	$32.85	$75.00	78.4%	22.5%	38.7%	30.2%	65.1%	0.0%	-20.3%	372	44.1K	-330	0.96	11.29	N/A	N/A	4	3	88	27
2018-07-31	$34.05	$75.00	69.8%	20.0%	41.4%	24.1%	72.9%	0.0%	55.7%	244	14.5K	-425	1.13	78.85	N/A	N/A	3	3	89	27