FG Options History — April 2023

In April 2023, FG traded between $17.46 and $19.02. ATM implied volatility averaged 56.9%, placing in the 19.1% IV rank vs the trailing year. The 30-day expected move averaged 16.2%. IV traded above realized volatility by 12.7% (HV 20d: 44.2%). Max pain ranged from $17.50 to $17.50. Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 5 of 19 days. Put/call ratio averaged 15.39.

Notable Days

  • 2023-04-26: Highest Volume — 113 contracts
  • 2023-04-10: Largest IV spike — 42.5% change
  • 2023-04-10: Highest IV Rank — 27.9%
  • 2023-04-10: Largest Expected Move — 19.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.20$17.46$19.02$17.76$18.34
Max Pain$17.50$17.50$17.50$17.50$17.50
ATM IV56.9%46.5%82.4%58.3%56.7%
Expected Move16.2%13.3%19.0%16.7%16.3%
HV 20d44.2%28.1%61.6%61.6%30.7%
HV 60d77.5%47.4%189.1%189.1%49.4%
IV Rank19.1%15.4%27.9%19.5%19.0%
IV Percentile74.3%55.6%90.5%79.0%75.4%
Term Structure-7.0%-24.7%2.7%-5.7%-1.8%
VWIV38.9%18.9%56.1%33.9%18.9%
Skew 25d14.5%-14.1%39.0%8.3%20.4%
Skew 10d17.5%-11.1%166.4%-4.6%15.6%
Call IV 25d37.2%19.6%52.2%37.9%45.5%
Put IV 25d51.7%38.1%68.0%46.3%66.0%
Bid-Ask Spread %113.24102.24121.64120.73116.11
Gamma HHI0.710.540.820.540.80
Net GEX-7.2K-13.6K-2.6K-2.6K-11.6K
Net DEX173.7K108.6K343.6K126.5K116.9K
Net VEX-2.6K-2.9K-2.3K-2.3K-2.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio15.390.00109.0027.501.00
Total Volume28.7370113572
Total OI838.4215941,0955941,094

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-04-03$17.76$17.5058.3%16.7%61.6%19.5%33.9%8.3%-5.7%-2.6K126.5K-2.3K27.50120.73N/AN/A255244350
2023-04-04$17.63$17.5056.1%16.1%61.6%18.8%0.0%7.4%-3.8%-4.7K186.1K-2.4K0.00119.31N/AN/A015245405
2023-04-05$17.64$17.5059.9%17.2%61.2%20.1%0.0%10.8%-9.2%-4.9K150.5K-2.5K109.00121.64N/AN/A1109245420
2023-04-06$17.60$17.5057.8%18.6%60.5%19.4%27.6%22.6%-13.2%-5.3K199.3K-2.5K0.00114.88N/AN/A20246529
2023-04-10$17.77$17.5082.4%19.0%51.0%27.9%0.0%13.7%-13.4%-5.4K188.2K-2.4K0.00114.46N/AN/A00247529
2023-04-11$18.37$17.5059.0%16.5%51.3%19.8%43.3%7.0%-15.3%-5.5K116.4K-2.5K0.00111.56N/AN/A160247529
2023-04-12$18.38$17.5051.1%14.7%51.3%17.1%38.7%20.2%2.7%-5.1K108.6K-2.5K20.00115.40N/AN/A120263544
2023-04-13$18.41$17.5057.5%16.5%48.8%19.3%0.0%3.4%-14.4%-6.1K160.0K-2.6K0.00111.82N/AN/A00264564
2023-04-14$18.38$17.5050.6%14.5%47.4%16.9%43.2%11.7%1.3%-6.5K174.0K-2.6K0.00111.51N/AN/A05264564
2023-04-17$18.67$17.5060.2%17.3%40.0%20.2%0.0%13.9%-15.3%-6.6K142.0K-2.6K0.00111.11N/AN/A20264565
2023-04-18$18.63$17.5060.3%17.3%40.2%20.2%0.0%25.9%-10.6%-6.5K143.9K-2.6K0.67102.24N/AN/A32266565
2023-04-19$18.75$17.5046.5%13.3%36.8%15.4%45.1%16.9%2.1%-5.8K112.3K-2.6K0.00111.62N/AN/A01268567
2023-04-20$18.69$17.5053.4%15.3%36.1%17.9%0.0%33.5%1.7%-7.0K154.5K-2.5K0.00116.80N/AN/A019268565
2023-04-21$19.02$17.5050.1%14.4%35.6%16.7%38.8%-14.1%2.2%-6.1K122.1K-2.6K22.75108.39N/AN/A491268582
2023-04-24$18.81$17.5050.8%14.6%34.8%16.9%38.8%2.3%-4.4%-9.8K178.2K-2.8K1.69116.41N/AN/A1322255662
2023-04-25$17.77$17.5054.7%15.7%34.6%18.3%43.4%3.9%-24.7%-12.0K333.2K-2.7K0.00110.94N/AN/A045267684
2023-04-26$17.46$17.5054.4%15.6%28.4%18.2%56.1%29.4%-5.3%-13.6K343.6K-2.8K0.13108.22N/AN/A10013267729
2023-04-27$17.70$17.5061.2%17.5%28.1%20.6%18.9%39.0%-6.3%-11.1K244.3K-2.9K2.00108.40N/AN/A12353742
2023-04-28$18.34$17.5056.7%16.3%30.7%19.0%0.0%20.4%-1.8%-11.6K116.9K-2.8K1.00116.11N/AN/A11354740