FG Options History — May 2020

In May 2020, FG traded between $7.67 and $10.64. ATM implied volatility averaged 82.5%, placing in the 35.7% IV rank vs the trailing year. The 30-day expected move averaged 36.4%. IV traded above realized volatility by 47.1% (HV 20d: 35.5%). Max pain ranged from $5.00 to $12.50. Net GEX was positive for 3 of 20 trading days. Term structure was in contango for 8 of 20 days. Put/call ratio averaged 0.16.

Notable Days

  • 2020-05-26: Highest Volume — 6,351 contracts
  • 2020-05-22: Largest IV spike — 218.6% change
  • 2020-05-13: Highest IV Rank — 100.0%
  • 2020-05-22: Largest Expected Move — 83.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$9.90$7.67$10.64$10.24$8.05
Max Pain$10.38$5.00$12.50$10.00$10.00
ATM IV82.5%26.2%289.6%38.7%54.8%
Expected Move36.4%7.5%83.0%11.1%15.7%
HV 20d35.5%15.8%106.1%22.7%106.1%
HV 60d55.7%49.7%77.7%61.4%77.7%
IV Rank35.7%10.5%100.0%20.7%18.3%
IV Percentile71.3%17.5%100.0%48.0%73.0%
Term Structure-18.5%-161.3%137.3%137.3%84.9%
VWIV111.7%22.1%321.1%321.1%54.9%
Skew 25d-9.1%-120.8%84.5%25.9%84.5%
Skew 10d-58.9%-146.9%98.0%-65.6%98.0%
Call IV 25d95.3%26.3%180.0%54.8%40.6%
Put IV 25d86.2%39.1%129.9%80.7%125.1%
Bid-Ask Spread %119.8275.61155.60155.6084.51
Gamma HHI0.680.360.890.870.82
Net GEX-4.7K-23.2K29.2K-7.1K29.2K
Net DEX477.1K-706.8K906.9K588.3K644.8K
Net VEX-4.8K-6.2K-3.4K-4.7K-4.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.160.000.930.760.01
Total Volume950.5506,35137599
Total OI3,807.32,5819,4422,5819,442

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-05-01$10.24$10.0038.7%11.1%22.7%20.7%0.0%25.9%137.3%-7.1K588.3K-4.7K0.00155.60N/AN/A0379411,640
2020-05-04$10.24$12.5043.7%52.5%22.4%23.5%0.0%31.8%-113.2%-7.3K633.8K-4.5K0.00151.54N/AN/A0119411,660
2020-05-05$10.19$12.5044.3%53.2%21.8%23.9%0.0%32.6%-120.3%-8.6K717.9K-4.2K0.00149.66N/AN/A01789411,670
2020-05-06$10.16$12.5045.6%53.9%21.1%24.7%0.0%31.0%-124.9%-7.0K703.6K-4.8K0.00149.63N/AN/A069411,816
2020-05-07$10.27$12.5052.3%54.2%20.8%28.4%0.0%39.3%-120.1%-10.8K802.5K-4.3K0.00150.94N/AN/A009411,821
2020-05-08$10.36$12.5059.1%60.6%20.2%32.3%321.1%54.8%-145.7%-23.1K906.9K-3.4K0.76132.31N/AN/A106819411,821
2020-05-11$10.32$12.5088.2%44.1%19.0%48.8%0.0%-24.5%-13.6%-4.3K514.5K-5.2K0.00131.46N/AN/A0609411,886
2020-05-12$10.31$12.5087.5%56.3%18.9%48.3%0.0%-12.4%-161.3%-5.2K632.7K-4.8K0.00125.24N/AN/A0489411,902
2020-05-13$10.18$12.50232.8%66.8%18.5%100.0%0.0%4.0%19.2%-3.5K737.0K-4.6K0.15123.07N/AN/A229359411,896
2020-05-14$10.27$12.50153.7%44.1%18.6%65.7%0.0%6.4%-25.5%-5.9K605.4K-4.9K0.93131.82N/AN/A60561,0861,927
2020-05-15$10.28$12.50116.7%33.5%17.3%49.7%22.1%-41.1%3.4%-4.6K163.5K-5.5K0.00117.12N/AN/A50211,1361,977
2020-05-18$10.55$10.0030.5%8.7%17.0%12.3%0.0%-99.2%132.2%-5.6K182.6K-5.5K0.00131.44N/AN/A301,0971,926
2020-05-19$10.52$10.0026.2%7.5%17.1%10.5%0.0%-96.8%-5.9%-18.1K320.6K-4.5K0.00120.55N/AN/A15001,0971,926
2020-05-20$10.61$5.0037.1%10.6%17.2%15.2%39.0%-120.8%22.0%-11.4K141.6K-5.1K0.00111.03N/AN/A63601,1671,926
2020-05-21$10.64$5.0090.9%26.1%16.4%38.5%0.0%-82.1%-18.0%-23.2K-283.0K-4.9K0.01104.25N/AN/A892121,9071,926
2020-05-22$10.59$5.00289.6%83.0%15.8%100.0%265.1%-47.9%-7.8%-9.5K-706.8K-6.2K0.0675.61N/AN/A3,1651752,3191,939
2020-05-26$8.11$10.0064.8%18.6%96.4%21.8%89.2%-2.2%20.3%-578732.7K-4.8K0.0395.07N/AN/A6,1801712,2072,108
2020-05-27$8.51$7.5048.1%13.8%98.5%16.0%55.6%-5.1%-14.6%22.8K659.6K-4.8K0.1379.95N/AN/A1,6432114,6662,182
2020-05-28$7.67$10.0046.3%13.3%103.6%15.4%46.5%39.6%80.8%10.4K843.3K-4.0K0.0575.63N/AN/A3,6011635,4812,123
2020-05-29$8.05$10.0054.8%15.7%106.1%18.3%54.9%84.5%84.9%29.2K644.8K-4.9K0.0184.51N/AN/A59367,1812,261