FG Options History — March 2019

In March 2019, FG traded between $7.87 and $8.65. ATM implied volatility averaged 52.3%. The 30-day expected move averaged 12.9%. IV traded above realized volatility by 31.1% (HV 20d: 21.2%). 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 3 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2019-03-01: Highest Volume — 200 contracts
  • 2019-03-08: Largest IV spike — 185.9% change
  • 2019-03-08: Largest Expected Move — 41.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.35$7.87$8.65$8.51$7.88
Max Pain$7.50$7.50$7.50$7.50$7.50
ATM IV52.3%21.3%143.9%88.5%41.9%
Expected Move12.9%5.7%41.3%25.4%10.0%
HV 20d21.2%17.1%26.7%21.8%22.6%
HV 60d28.2%24.5%34.1%34.1%24.5%
Term Structure-10.2%-37.1%10.6%-37.1%-12.4%
VWIV36.3%29.9%46.3%31.6%46.3%
Skew 25d6.5%-4.8%28.5%13.5%0.6%
Skew 10d13.3%-5.0%77.1%13.3%-0.2%
Call IV 25d24.4%16.5%39.4%18.0%26.6%
Put IV 25d30.9%20.6%51.7%31.5%27.1%
Bid-Ask Spread %98.3737.65143.86111.09143.86
Gamma HHI0.550.430.810.530.59
Net GEX1.5K5962.3K2.0K902
Net DEX-87.2K-125.4K-32.1K-89.7K-41.2K
Net VEX-389-590-264-532-367
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume28.09502002009
Total OI431.333412466444417

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-03-01$8.51$0.0088.5%25.4%21.8%0.0%0.0%13.5%-37.1%2.0K-89.7K-5320.00111.09N/AN/A2000332112
2019-03-04$8.47$0.0054.3%15.6%21.0%0.0%0.0%2.4%-4.4%2.0K-110.3K-4950.0038.23N/AN/A00332112
2019-03-05$8.55$0.00103.9%29.8%21.1%0.0%0.0%2.5%-4.2%2.0K-108.5K-5900.00128.75N/AN/A00332112
2019-03-06$8.49$0.0074.7%21.4%20.7%0.0%0.0%2.8%2.8%1.9K-88.3K-4790.00114.08N/AN/A00332112
2019-03-07$8.47$0.0050.3%14.4%20.8%0.0%0.0%11.2%-2.2%1.9K-112.7K-4340.0043.25N/AN/A00332112
2019-03-08$8.36$0.00143.9%41.3%19.5%0.0%0.0%2.6%-3.0%1.8K-107.2K-4880.00125.35N/AN/A00332112
2019-03-11$8.40$7.50109.7%8.0%19.4%0.0%31.6%2.1%-24.1%1.6K-91.4K-3380.00115.70N/AN/A20332112
2019-03-12$8.39$7.5043.0%6.9%19.3%0.0%0.0%-4.8%-33.7%1.9K-108.9K-4160.00108.08N/AN/A00334112
2019-03-13$8.49$7.5024.8%6.3%18.6%0.0%0.0%13.6%-1.9%2.0K-123.0K-3560.0077.03N/AN/A160334112
2019-03-14$8.61$7.5041.1%7.6%18.9%0.0%0.0%4.1%-9.6%2.2K-121.1K-3050.00116.13N/AN/A40350112
2019-03-15$8.62$7.5046.2%8.3%19.0%0.0%29.9%3.8%-31.5%2.3K-125.4K-3700.00128.49N/AN/A910354112
2019-03-18$8.65$7.5035.7%9.9%19.0%0.0%0.0%8.2%-11.4%1.6K-89.0K-3420.0081.55N/AN/A500300112
2019-03-19$8.59$7.5032.3%9.1%18.8%0.0%0.0%1.8%5.3%1.6K-82.1K-3820.0082.02N/AN/A500300112
2019-03-20$8.52$7.5034.3%10.2%18.1%0.0%0.0%5.3%-8.8%1.4K-80.7K-3800.0090.21N/AN/A500300112
2019-03-21$8.52$7.5033.2%6.5%17.1%0.0%0.0%1.3%-5.7%1.5K-89.5K-2640.0068.22N/AN/A500300112
2019-03-22$8.07$7.5028.9%6.5%26.2%0.0%0.0%9.2%-12.5%691-60.8K-3100.0090.69N/AN/A500300112
2019-03-25$8.10$7.5030.6%5.9%26.1%0.0%0.0%28.5%-17.4%659-66.0K-2810.00139.96N/AN/A00300112
2019-03-26$7.96$7.5026.2%5.7%26.7%0.0%0.0%12.9%-10.8%596-62.8K-3360.00110.84N/AN/A00300112
2019-03-27$7.91$7.5032.7%11.9%26.4%0.0%41.3%6.8%-3.1%829-32.1K-3530.00114.56N/AN/A90300112
2019-03-28$7.87$7.5021.3%9.4%24.5%0.0%32.7%8.0%10.6%966-39.9K-3470.0037.65N/AN/A90305112
2019-03-29$7.88$7.5041.9%10.0%22.6%0.0%46.3%0.6%-12.4%902-41.2K-3670.00143.86N/AN/A90305112