FFAI Options History — June 2025

In June 2025, FFAI traded between $1.19 and $1.69. ATM implied volatility averaged 155.4%. The 30-day expected move averaged 47.9%. IV traded above realized volatility by 59.5% (HV 20d: 95.9%). Max pain ranged from $1.00 to $2.50. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 15 of 20 days. Put/call ratio averaged 0.37.

Notable Days

  • 2025-06-11: Highest Volume — 31,125 contracts
  • 2025-06-04: Largest IV spike — 44.6% change
  • 2025-06-05: Largest Expected Move — 63.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.44$1.19$1.69$1.19$1.67
Max Pain$2.05$1.00$2.50$1.50$1.00
ATM IV155.4%122.9%184.0%153.1%139.4%
Expected Move47.9%30.3%63.4%40.8%40.3%
HV 20d95.9%58.7%122.9%60.0%122.9%
HV 60d107.4%101.0%112.0%101.8%112.0%
Term Structure2.6%-125.3%67.9%-125.3%46.2%
VWIV178.9%111.3%210.6%170.9%143.9%
Skew 25d-29.1%-113.3%34.8%-53.8%-20.3%
Skew 10d-38.3%-206.1%23.7%-89.3%7.4%
Call IV 25d176.0%135.0%205.0%197.7%163.8%
Put IV 25d146.9%74.5%171.8%143.9%143.4%
Bid-Ask Spread %33.119.1790.0881.1337.53
Gamma HHI0.270.190.440.200.20
Net GEX37.7K13.0K75.0K13.0K27.5K
Net DEX-2.9M-5.2M-1.4M-1.4M-3.7M
Net VEX-16.1K-19.6K-11.5K-11.5K-18.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.370.080.820.720.55
Total Volume11,679.254,21231,12510,54118,982
Total OI107,317.1587,144128,49195,94592,530

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-06-02$1.19$1.50153.1%40.8%60.0%0.0%170.9%-53.8%-125.3%13.0K-1.4M-11.5K0.7281.13N/AN/A6,1214,42070,36325,582
2025-06-03$1.21$1.50122.9%57.7%58.7%0.0%198.7%-79.3%-33.5%14.8K-1.7M-12.1K0.5390.08N/AN/A3,8832,07174,99329,130
2025-06-04$1.29$1.50177.6%52.8%62.3%0.0%185.0%-46.6%2.3%20.6K-1.9M-14.4K0.0877.67N/AN/A5,53444576,46630,448
2025-06-05$1.21$2.50161.5%63.4%67.2%0.0%206.5%-60.6%6.7%17.6K-1.7M-13.4K0.1728.91N/AN/A4,16472078,97730,525
2025-06-06$1.25$2.50157.1%30.3%63.7%0.0%210.6%-34.7%67.9%14.6K-1.8M-13.4K0.5130.05N/AN/A2,9401,51280,95230,715
2025-06-09$1.46$2.50162.2%57.7%83.3%0.0%203.2%-29.2%37.9%43.2K-3.0M-16.2K0.239.87N/AN/A14,6863,34968,79425,421
2025-06-10$1.48$2.50184.0%53.5%82.9%0.0%188.5%-12.2%13.4%50.9K-3.0M-16.3K0.2514.63N/AN/A10,2422,54575,25527,540
2025-06-11$1.69$2.50135.3%54.9%92.1%0.0%190.8%-33.5%23.2%75.0K-5.2M-18.1K0.4344.51N/AN/A21,8389,28779,53029,179
2025-06-12$1.54$2.50168.0%46.5%98.6%0.0%194.6%-25.8%12.3%50.9K-3.5M-17.1K0.3325.46N/AN/A17,8495,86485,68836,082
2025-06-13$1.50$2.50147.4%49.7%99.0%0.0%171.9%-113.3%16.8%34.8K-3.3M-17.4K0.1265.66N/AN/A10,7221,25792,40836,083
2025-06-16$1.67$2.50172.4%51.6%104.4%0.0%189.6%-22.5%-5.5%62.4K-4.9M-19.6K0.2914.02N/AN/A8,0732,32285,10132,592
2025-06-17$1.50$2.50161.3%46.1%113.0%0.0%191.7%-22.6%0.5%44.5K-3.4M-17.6K0.6017.54N/AN/A4,4202,67488,10534,503
2025-06-18$1.50$2.50159.1%45.6%113.0%0.0%186.3%-18.4%-17.5%48.9K-3.2M-17.2K0.2011.53N/AN/A5,4491,10889,67135,242
2025-06-20$1.42$2.50150.3%46.1%114.8%0.0%192.9%-21.7%-68.2%27.3K-1.7M-15.3K0.129.17N/AN/A20,3882,48388,51935,627
2025-06-23$1.38$2.50147.5%48.2%115.6%0.0%166.2%-39.4%12.8%29.4K-2.4M-15.5K0.6418.69N/AN/A4,8053,07960,46126,683
2025-06-24$1.42$1.50143.0%41.1%115.4%0.0%144.4%5.1%9.8%34.5K-2.6M-15.7K0.3721.38N/AN/A5,5072,02663,09929,456
2025-06-25$1.52$1.50145.5%44.6%116.4%0.0%172.7%14.4%18.7%55.4K-3.3M-17.2K0.8222.36N/AN/A5,0124,09065,65429,872
2025-06-26$1.54$1.50163.9%45.7%115.6%0.0%158.3%34.8%24.1%67.0K-3.4M-18.6K0.1217.57N/AN/A3,75745567,63233,481
2025-06-27$1.44$1.00155.9%41.5%117.9%0.0%111.3%-2.5%8.8%21.8K-2.4M-17.1K0.4224.47N/AN/A6,7082,79870,21533,769
2025-06-30$1.67$1.00139.4%40.3%122.9%0.0%143.9%-20.3%46.2%27.5K-3.7M-18.8K0.5537.53N/AN/A12,2596,72361,34531,185