FBIO Options History — August 2018

In August 2018, FBIO traded between $25.80 and $34.35. ATM implied volatility averaged 77.3%, placing in the 29.4% IV rank vs the trailing year. The 30-day expected move averaged 19.7%. IV traded below realized volatility by 20.5% (HV 20d: 97.8%). Max pain ranged from $37.50 to $75.00. Net GEX was positive for 22 of 23 trading days. Term structure was in contango for 10 of 23 days. Put/call ratio averaged 1.49.

Notable Days

2018-08-06: Highest Volume — 45 contracts
2018-08-28: Largest IV spike — 136.9% change
2018-08-14: Highest IV Rank — 72.6%
2018-08-31: Largest Expected Move — 38.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$30.20	$25.80	$34.35	$33.75	$29.55
Max Pain	$42.39	$37.50	$75.00	$75.00	$37.50
ATM IV	77.3%	42.3%	138.5%	71.3%	132.7%
Expected Move	19.7%	12.1%	38.0%	20.4%	38.0%
HV 20d	97.8%	40.9%	113.6%	40.9%	103.4%
HV 60d	69.7%	49.4%	74.7%	49.4%	73.3%
IV Rank	29.4%	4.6%	72.6%	25.1%	68.6%
IV Percentile	55.6%	4.4%	97.6%	65.5%	96.4%
Term Structure	6.2%	-33.8%	38.6%	3.1%	30.0%
VWIV	72.1%	37.2%	199.8%	54.4%	73.1%
Bid-Ask Spread %	32.09	6.24	100.92	100.92	79.35
Gamma HHI	0.65	0.51	0.95	0.69	0.67
Net GEX	1.6K	-148	2.4K	-148	1.8K
Net DEX	-21.7K	-67.4K	60.1K	60.1K	-49.4K
Net VEX	-620	-913	-138	-138	-619
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.49	0.13	3.72	0.51	1.18
Total Volume	15.261	7	45	11	9
Total OI	166.087	116	204	116	156

Daily Data (23 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
2018-08-01	$33.75	$75.00	71.3%	20.4%	40.9%	25.1%	54.4%	0.0%	3.1%	-148	60.1K	-138	0.51	100.92	N/A	N/A	7	4	89	27
2018-08-02	$31.80	$75.00	85.7%	24.6%	42.9%	35.3%	91.9%	0.0%	-33.8%	406	43.6K	-324	0.42	20.67	N/A	N/A	8	4	92	27
2018-08-03	$28.50	$75.00	70.5%	20.2%	52.1%	24.6%	0.0%	0.0%	-21.3%	371	49.0K	-248	0.15	21.37	N/A	N/A	24	4	95	27
2018-08-06	$25.80	$37.50	105.0%	14.8%	58.5%	49.0%	0.0%	0.0%	37.3%	920	26.7K	-377	0.13	20.29	N/A	N/A	40	5	130	30
2018-08-07	$31.05	$37.50	64.3%	22.7%	95.5%	20.2%	80.3%	0.0%	13.6%	1.3K	-5.1K	-606	0.24	44.19	N/A	N/A	22	5	130	32
2018-08-08	$34.35	$37.50	107.4%	22.1%	104.6%	50.7%	77.9%	0.0%	-3.6%	2.4K	-60.3K	-913	0.47	95.81	N/A	N/A	27	13	150	32
2018-08-09	$31.80	$37.50	105.6%	23.6%	106.8%	49.4%	83.6%	0.0%	-5.0%	1.9K	-29.9K	-878	1.04	21.58	N/A	N/A	12	13	164	38
2018-08-10	$31.65	$37.50	87.3%	27.4%	106.6%	36.4%	95.7%	0.0%	-9.2%	2.0K	-35.9K	-813	0.58	32.92	N/A	N/A	9	5	165	34
2018-08-13	$32.10	$37.50	86.2%	12.5%	106.3%	35.7%	45.9%	0.0%	38.6%	2.2K	-31.1K	-819	1.22	15.36	N/A	N/A	6	8	168	34
2018-08-14	$30.45	$37.50	138.5%	18.9%	107.1%	72.6%	75.9%	0.0%	33.3%	1.9K	-6.8K	-729	2.44	8.93	N/A	N/A	3	8	168	36
2018-08-15	$30.60	$37.50	46.3%	13.3%	106.9%	7.5%	46.0%	0.0%	33.7%	1.9K	-18.0K	-758	1.75	13.33	N/A	N/A	4	8	168	33
2018-08-16	$30.45	$37.50	46.4%	13.3%	107.0%	7.5%	45.4%	0.0%	32.8%	1.9K	-16.4K	-728	1.75	12.48	N/A	N/A	4	8	169	33
2018-08-17	$28.80	$37.50	46.6%	13.4%	107.8%	7.7%	50.2%	0.0%	33.2%	1.7K	6.1K	-625	3.72	8.90	N/A	N/A	4	14	169	33
2018-08-20	$29.25	$37.50	50.5%	14.5%	108.2%	10.5%	57.9%	0.0%	-1.7%	1.7K	-45.4K	-640	2.52	12.04	N/A	N/A	3	7	135	19
2018-08-21	$31.50	$37.50	52.7%	15.1%	112.4%	12.0%	49.7%	0.0%	-16.2%	2.1K	-67.4K	-753	2.52	10.38	N/A	N/A	3	7	135	19
2018-08-22	$30.15	$37.50	71.0%	20.3%	113.1%	24.9%	71.0%	0.0%	10.1%	1.8K	-60.2K	-707	2.25	15.75	N/A	N/A	2	5	135	19
2018-08-23	$28.80	$37.50	42.3%	12.1%	113.6%	4.6%	37.2%	0.0%	-3.2%	1.7K	-45.0K	-634	2.25	6.24	N/A	N/A	2	5	135	19
2018-08-24	$28.65	$37.50	51.0%	14.6%	112.6%	10.8%	53.1%	0.0%	-3.8%	1.7K	-41.2K	-594	2.25	8.90	N/A	N/A	2	5	135	19
2018-08-27	$28.65	$37.50	53.9%	15.5%	110.6%	12.9%	56.1%	0.0%	-5.4%	1.7K	-45.4K	-618	2.25	8.90	N/A	N/A	2	5	136	19
2018-08-28	$28.05	$37.50	127.8%	36.6%	109.6%	65.1%	199.8%	0.0%	-6.5%	1.6K	-38.0K	-561	2.25	71.85	N/A	N/A	2	5	136	19
2018-08-29	$29.70	$37.50	61.2%	17.5%	112.1%	18.0%	73.5%	0.0%	-5.6%	1.8K	-45.2K	-626	1.18	14.61	N/A	N/A	4	5	136	19
2018-08-30	$29.10	$37.50	74.6%	21.4%	110.5%	27.5%	96.2%	0.0%	-6.9%	1.6K	-43.3K	-555	1.18	93.20	N/A	N/A	4	5	137	19
2018-08-31	$29.55	$37.50	132.7%	38.0%	103.4%	68.6%	73.1%	0.0%	30.0%	1.8K	-49.4K	-619	1.18	79.35	N/A	N/A	4	5	137	19