FG Options History — January 2019

In January 2019, FG traded between $6.86 and $7.91. ATM implied volatility averaged 43.3%. The 30-day expected move averaged 10.3%. IV traded above realized volatility by 5.5% (HV 20d: 37.9%). Max pain ranged from $7.50 to $7.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 3.13.

Notable Days

  • 2019-01-17: Highest Volume — 28 contracts
  • 2019-01-29: Largest IV spike — 116.7% change
  • 2019-01-29: Largest Expected Move — 19.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$7.53$6.86$7.91$6.86$7.91
Max Pain$7.50$7.50$7.50$7.50$7.50
ATM IV43.3%19.3%80.4%45.1%52.2%
Expected Move10.3%5.5%19.0%12.9%7.1%
HV 20d37.9%26.6%46.6%46.2%26.6%
Term Structure5.7%-16.1%99.9%-6.5%8.1%
VWIV24.2%22.0%27.3%27.3%22.0%
Skew 25d9.7%-18.5%34.2%-18.5%11.0%
Skew 10d7.0%-32.8%30.1%-32.8%-1.0%
Call IV 25d30.6%18.2%50.8%50.8%23.0%
Put IV 25d40.3%31.1%55.4%32.2%34.0%
Bid-Ask Spread %121.1264.60156.89131.44123.82
Gamma HHI0.920.661.000.990.83
Net GEX5.4K3.4K8.0K3.4K4.7K
Net DEX-92.0K-140.9K-10.9K-10.9K-131.0K
Net VEX-528-576-421-421-490
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.130.0020.000.002.50
Total Volume10.38102800
Total OI554.333519570519570

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-01-02$6.86$0.0045.1%12.9%46.2%0.0%0.0%-18.5%-6.5%3.4K-10.9K-4210.00131.44N/AN/A0042792
2019-01-03$6.87$7.5044.4%8.7%44.4%0.0%0.0%2.9%-5.3%3.4K-16.9K-4460.00119.24N/AN/A20042792
2019-01-04$7.11$7.5077.9%8.1%46.6%0.0%0.0%8.7%12.3%4.7K-39.2K-5170.00131.90N/AN/A20044792
2019-01-07$7.26$7.5080.4%14.9%42.9%0.0%0.0%0.0%-10.0%3.6K-78.1K-5760.00156.89N/AN/A0044792
2019-01-08$7.08$7.5065.1%9.2%43.6%0.0%0.0%8.1%-2.7%4.4K-40.3K-5050.00126.61N/AN/A0044792
2019-01-09$7.38$7.5027.7%7.9%43.4%0.0%0.0%5.4%15.7%5.8K-66.9K-5380.00129.57N/AN/A7044792
2019-01-10$7.55$7.5026.5%7.6%41.5%0.0%0.0%3.4%13.3%6.3K-99.4K-5620.00133.68N/AN/A7045492
2019-01-11$7.54$7.5027.6%7.9%41.1%0.0%0.0%5.9%7.2%5.9K-98.4K-5590.00113.81N/AN/A7045492
2019-01-14$7.53$7.5027.3%7.8%40.3%0.0%0.0%14.9%6.3%6.0K-94.2K-5470.00108.82N/AN/A02045492
2019-01-15$7.52$7.5041.1%11.8%40.3%0.0%0.0%10.6%2.3%5.9K-95.9K-5670.00117.39N/AN/A020454112
2019-01-16$7.68$7.5032.2%9.2%40.3%0.0%27.3%34.2%7.2%6.2K-119.4K-54920.00125.02N/AN/A120454112
2019-01-17$7.82$7.5025.0%7.2%40.5%0.0%23.2%12.2%5.2%6.8K-129.6K-5462.5085.48N/AN/A820455112
2019-01-18$7.80$7.5019.3%5.5%36.5%0.0%22.0%16.3%6.4%7.1K-140.9K-5032.50132.76N/AN/A820448112
2019-01-22$7.67$7.5022.1%6.3%37.7%0.0%0.0%25.6%99.9%8.0K-102.6K-5190.00128.72N/AN/A010448112
2019-01-23$7.59$7.5024.3%7.0%34.6%0.0%0.0%6.9%16.4%7.4K-93.0K-5480.00104.71N/AN/A010448122
2019-01-24$7.72$7.5046.6%13.4%32.2%0.0%0.0%11.1%-11.2%4.6K-104.7K-5510.0094.95N/AN/A010448122
2019-01-25$7.79$7.5062.9%18.0%32.2%0.0%0.0%7.0%-15.7%4.1K-116.5K-5700.00133.75N/AN/A010448122
2019-01-28$7.74$7.5030.6%8.8%28.3%0.0%0.0%10.6%3.2%6.5K-116.2K-5130.0064.60N/AN/A00448122
2019-01-29$7.76$7.5066.3%19.0%28.2%0.0%0.0%8.3%-16.0%4.2K-112.4K-5410.00141.34N/AN/A00448122
2019-01-30$7.88$7.5065.2%18.7%28.0%0.0%0.0%9.2%-16.1%4.3K-125.5K-5290.00139.08N/AN/A00448122
2019-01-31$7.91$0.0052.2%7.1%26.6%0.0%0.0%11.0%8.1%4.7K-131.0K-4900.00123.82N/AN/A00448122