FG Options History — January 2023

In January 2023, FG traded between $20.24 and $21.53. ATM implied volatility averaged 45.6%, placing in the 15.1% IV rank vs the trailing year. The 30-day expected move averaged 13.1%. IV traded below realized volatility by 288.8% (HV 20d: 334.4%). Max pain ranged from $20.00 to $20.00. Net GEX was positive for 13 of 14 trading days. Term structure was in contango for 5 of 14 days. Put/call ratio averaged 0.00.

Notable Days

2023-01-11: Highest Volume — 24 contracts
2023-01-26: Largest IV spike — 34.2% change
2023-01-26: Highest IV Rank — 18.3%
2023-01-26: Largest Expected Move — 15.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$21.00	$20.24	$21.53	$20.24	$21.46
Max Pain	$20.00	$20.00	$20.00	$20.00	$20.00
ATM IV	45.6%	37.1%	54.5%	51.0%	53.8%
Expected Move	13.1%	10.6%	15.6%	14.6%	15.4%
HV 20d	334.4%	334.1%	334.7%	334.6%	334.6%
HV 60d	195.6%	192.1%	198.0%	198.0%	192.1%
IV Rank	15.1%	12.2%	18.3%	17.0%	18.0%
IV Percentile	58.2%	40.5%	73.4%	65.9%	71.4%
Term Structure	-1.5%	-12.4%	13.7%	-7.3%	-10.5%
VWIV	48.8%	47.4%	51.1%	47.4%	51.1%
Skew 25d	-3.5%	-19.8%	12.8%	12.8%	-17.9%
Skew 10d	1.1%	-29.4%	7.1%	2.2%	-29.4%
Call IV 25d	51.1%	32.8%	65.4%	33.0%	62.2%
Put IV 25d	47.6%	39.8%	56.9%	45.7%	44.3%
Bid-Ask Spread %	125.09	110.23	135.82	116.55	126.31
Gamma HHI	0.56	0.44	1.00	1.00	0.53
Net GEX	996	0	1.2K	0	755
Net DEX	-45.4K	-61.8K	0	0	-50.4K
Net VEX	-215	-294	0	0	-294
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.00	0.00	0.00	0.00	0.00
Total Volume	4.714	0	24	24	3
Total OI	41.5	0	63	0	63

Daily Data (14 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2023-01-11	$20.24	$0.00	51.0%	14.6%	334.6%	17.0%	0.0%	12.8%	-7.3%	0	0	0	116.55	N/A	N/A	24	0	0	0
2023-01-12	$20.37	$0.00	46.7%	13.4%	334.4%	15.5%	47.4%	-1.9%	-5.5%	768	-30.6K	-134	110.23	N/A	N/A	2	0	24	0
2023-01-13	$20.71	$20.00	38.0%	10.9%	334.2%	12.5%	0.0%	7.0%	-0.0%	770	-33.5K	-139	126.55	N/A	N/A	16	0	26	0
2023-01-17	$21.26	$20.00	46.0%	13.2%	334.1%	15.3%	0.0%	2.8%	-11.6%	1.2K	-53.1K	-226	128.40	N/A	N/A	0	0	42	0
2023-01-18	$20.78	$20.00	47.2%	13.5%	334.6%	15.7%	48.0%	5.2%	7.1%	1.2K	-47.9K	-227	120.37	N/A	N/A	0	1	42	0
2023-01-19	$20.75	$20.00	49.3%	14.1%	334.6%	16.4%	0.0%	5.1%	-3.2%	1.2K	-45.7K	-229	121.57	N/A	N/A	1	0	42	1
2023-01-20	$21.15	$20.00	49.3%	14.1%	334.4%	16.4%	0.0%	2.5%	-3.4%	1.1K	-51.8K	-236	131.29	N/A	N/A	0	0	43	1
2023-01-23	$20.95	$20.00	41.9%	12.0%	334.3%	13.8%	0.0%	4.3%	6.5%	1.1K	-47.9K	-229	127.33	N/A	N/A	0	3	43	1
2023-01-24	$21.25	$20.00	37.1%	10.6%	334.3%	12.2%	0.0%	-6.7%	13.7%	1.1K	-50.1K	-238	117.54	N/A	N/A	0	0	43	4
2023-01-25	$21.24	$20.00	40.7%	11.7%	334.3%	13.4%	0.0%	-13.0%	4.0%	1.1K	-47.5K	-242	127.41	N/A	N/A	6	0	43	4
2023-01-26	$21.53	$20.00	54.5%	15.6%	334.4%	18.3%	0.0%	-18.9%	-12.4%	1.2K	-61.8K	-272	135.82	N/A	N/A	0	0	49	4
2023-01-27	$21.23	$20.00	42.4%	12.1%	334.6%	14.0%	0.0%	-19.8%	10.8%	1.2K	-58.0K	-278	132.25	N/A	N/A	0	0	49	4
2023-01-30	$21.10	$20.00	41.0%	11.8%	334.7%	13.6%	0.0%	-10.9%	-9.4%	1.2K	-56.8K	-272	129.59	N/A	N/A	0	10	49	4
2023-01-31	$21.46	$20.00	53.8%	15.4%	334.6%	18.0%	51.1%	-17.9%	-10.5%	755	-50.4K	-294	126.31	N/A	N/A	3	0	49	14