FBIO Options History — May 2025

In May 2025, FBIO traded between $1.65 and $1.96. ATM implied volatility averaged 171.1%, placing in the 41.3% IV rank vs the trailing year. The 30-day expected move averaged 41.3%. IV traded above realized volatility by 122.3% (HV 20d: 48.8%). Max pain ranged from $2.50 to $2.50. Net GEX was positive for 18 of 21 trading days. Term structure was in contango for 18 of 21 days. Put/call ratio averaged 1.10.

Notable Days

2025-05-07: Highest Volume — 185 contracts
2025-05-12: Largest IV spike — 109.3% change
2025-05-13: Highest IV Rank — 100.0%
2025-05-01: Largest Expected Move — 56.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$1.76	$1.65	$1.96	$1.77	$1.87
Max Pain	$2.50	$2.50	$2.50	$2.50	$2.50
ATM IV	171.1%	99.1%	332.5%	198.4%	126.0%
Expected Move	41.3%	28.4%	56.9%	56.9%	36.1%
HV 20d	48.8%	39.9%	62.6%	62.6%	47.3%
HV 60d	59.5%	58.6%	60.8%	58.9%	60.8%
IV Rank	41.3%	15.1%	100.0%	51.3%	24.9%
IV Percentile	62.5%	14.7%	100.0%	86.9%	34.5%
Term Structure	25.8%	-18.6%	64.1%	-18.3%	3.1%
VWIV	104.3%	86.6%	123.0%	123.0%	88.1%
Bid-Ask Spread %	134.60	119.94	161.64	136.40	132.68
Gamma HHI	0.66	0.41	0.99	0.61	0.75
Net GEX	244	-15	388	240	343
Net DEX	37.7K	16.1K	102.4K	25.7K	27.8K
Net VEX	-479	-602	-151	-471	-575
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.10	0.00	15.00	0.00	0.00
Total Volume	28.762	0	185	10	19
Total OI	1,946.429	1,653	2,085	1,653	2,039

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
2025-05-01	$1.77	$2.50	198.4%	56.9%	62.6%	51.3%	123.0%	0.0%	0.0%	240	25.7K	-471	0.00	136.40	N/A	N/A	10	0	1,014	639
2025-05-02	$1.78	$2.50	140.8%	40.4%	59.8%	30.3%	105.4%	0.0%	-18.3%	259	36.3K	-445	0.00	135.91	N/A	N/A	50	0	1,024	639
2025-05-05	$1.82	$0.00	127.3%	29.9%	59.8%	25.4%	0.0%	0.0%	-18.6%	336	38.1K	-461	0.21	144.09	N/A	N/A	96	20	1,072	639
2025-05-06	$1.73	$0.00	171.1%	31.5%	61.7%	41.3%	0.0%	0.0%	16.8%	275	21.1K	-487	0.00	140.43	N/A	N/A	0	0	1,165	659
2025-05-07	$1.71	$0.00	179.2%	31.8%	57.6%	44.3%	0.0%	0.0%	39.9%	-7	84.9K	-151	1.10	131.20	N/A	N/A	88	97	1,165	659
2025-05-08	$1.71	$0.00	202.3%	46.9%	57.3%	52.7%	0.0%	0.0%	42.4%	251	16.1K	-571	3.33	148.99	N/A	N/A	3	10	1,250	756
2025-05-09	$1.65	$0.00	134.4%	32.4%	58.0%	28.0%	0.0%	0.0%	16.6%	-10	80.6K	-224	0.00	154.48	N/A	N/A	0	20	1,252	766
2025-05-12	$1.66	$0.00	281.3%	35.3%	57.9%	81.5%	109.2%	0.0%	19.1%	226	23.1K	-532	0.00	139.39	N/A	N/A	15	0	1,252	766
2025-05-13	$1.67	$2.50	332.5%	38.9%	44.6%	100.0%	0.0%	0.0%	56.3%	239	22.4K	-544	0.00	133.90	N/A	N/A	26	0	1,264	766
2025-05-14	$1.67	$2.50	126.5%	36.3%	41.9%	25.0%	0.0%	0.0%	5.9%	-15	87.9K	-231	0.00	141.23	N/A	N/A	1	0	1,288	766
2025-05-15	$1.77	$2.50	172.3%	49.4%	42.4%	41.7%	0.0%	0.0%	27.2%	305	28.1K	-562	15.00	137.57	N/A	N/A	2	30	1,289	766
2025-05-16	$1.81	$2.50	166.7%	47.8%	40.4%	39.7%	113.7%	0.0%	8.4%	287	16.1K	-602	0.00	161.64	N/A	N/A	15	0	1,289	796
2025-05-19	$1.74	$2.50	99.1%	28.4%	42.7%	15.1%	86.6%	0.0%	38.6%	269	22.6K	-560	0.00	121.52	N/A	N/A	29	0	1,168	796
2025-05-20	$1.75	$2.50	123.0%	35.3%	42.2%	23.8%	0.0%	0.0%	6.1%	270	102.4K	-243	0.00	123.49	N/A	N/A	2	0	1,183	796
2025-05-21	$1.73	$2.50	173.9%	49.9%	40.9%	42.3%	0.0%	0.0%	52.9%	282	16.4K	-557	0.00	121.46	N/A	N/A	3	0	1,182	796
2025-05-22	$1.73	$2.50	168.3%	48.3%	40.1%	40.3%	0.0%	0.0%	57.7%	286	23.8K	-554	0.00	121.09	N/A	N/A	1	0	1,185	796
2025-05-23	$1.75	$2.50	194.4%	55.7%	39.9%	49.8%	0.0%	0.0%	32.2%	266	21.5K	-563	0.00	136.02	N/A	N/A	9	0	1,186	796
2025-05-27	$1.83	$2.50	170.1%	48.8%	42.6%	40.9%	0.0%	0.0%	64.1%	299	28.5K	-565	0.00	119.94	N/A	N/A	10	0	1,193	796
2025-05-28	$1.88	$2.50	120.1%	34.4%	41.9%	22.7%	88.1%	0.0%	17.6%	338	34.1K	-562	1.25	121.53	N/A	N/A	16	20	1,198	796
2025-05-29	$1.96	$2.50	186.4%	53.4%	43.9%	46.8%	0.0%	0.0%	47.6%	388	34.6K	-602	0.00	123.60	N/A	N/A	12	0	1,212	816
2025-05-30	$1.87	$2.50	126.0%	36.1%	47.3%	24.9%	0.0%	0.0%	3.1%	343	27.8K	-575	0.00	132.68	N/A	N/A	19	0	1,223	816