FG Options History — May 2023

In May 2023, FG traded between $14.97 and $20.69. ATM implied volatility averaged 60.5%, placing in the 20.3% IV rank vs the trailing year. The 30-day expected move averaged 16.8%. IV traded below realized volatility by 16.1% (HV 20d: 76.6%). Max pain ranged from $17.50 to $20.00. Net GEX was positive for 1 of 22 trading days. Term structure was in contango for 4 of 22 days. Put/call ratio averaged 0.60.

Notable Days

  • 2023-05-22: Highest Volume — 49 contracts
  • 2023-05-02: Largest IV spike — 110.9% change
  • 2023-05-02: Highest IV Rank — 40.7%
  • 2023-05-02: Largest Expected Move — 34.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.51$14.97$20.69$18.44$20.69
Max Pain$18.18$17.50$20.00$17.50$20.00
ATM IV60.5%40.6%119.2%56.5%55.6%
Expected Move16.8%11.6%34.2%16.2%15.9%
HV 20d76.6%30.7%87.0%30.7%83.2%
HV 60d60.9%49.3%65.9%49.3%61.8%
IV Rank20.3%13.4%40.7%18.9%18.6%
IV Percentile68.0%37.7%96.8%74.6%70.6%
Term Structure-7.1%-35.1%12.9%9.0%-12.1%
VWIV48.3%28.8%90.1%56.7%32.0%
Skew 25d14.4%-3.6%66.3%8.6%17.9%
Skew 10d8.0%-8.1%37.4%18.6%14.6%
Call IV 25d39.6%21.3%85.9%48.1%38.4%
Put IV 25d54.0%31.4%140.3%56.7%56.3%
Bid-Ask Spread %117.15105.95134.14118.03117.29
Gamma HHI0.660.420.890.780.42
Net GEX-5.9K-19.7K69.0K-11.4K-3.7K
Net DEX149.5K-253.8K536.1K82.5K-89.9K
Net VEX-2.5K-2.9K-2.1K-2.9K-2.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.600.004.001.004.00
Total Volume10.504920
Total OI1,002.3187211,1671,095764

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-05-01$18.44$17.5056.5%16.2%30.7%18.9%56.7%8.6%9.0%-11.4K82.5K-2.9K1.00118.03N/AN/A11354741
2023-05-02$18.13$17.50119.2%34.2%31.1%40.7%0.0%66.3%-35.1%-8.1K217.2K-2.9K0.00123.46N/AN/A00355741
2023-05-03$18.20$17.5064.0%18.4%30.9%21.6%51.6%11.3%-16.9%-11.9K170.6K-2.8K0.00112.58N/AN/A50355741
2023-05-04$14.97$17.50112.4%24.6%76.5%38.4%90.1%-3.6%-9.6%-7.1K510.3K-2.1K1.38134.14N/AN/A1318355741
2023-05-05$16.08$17.5043.6%16.9%81.5%14.4%0.0%8.7%-11.4%-10.9K536.1K-2.3K0.00105.95N/AN/A00361750
2023-05-08$16.88$17.5070.8%16.1%83.6%23.9%0.0%24.9%-3.2%-12.0K395.1K-2.5K0.00111.58N/AN/A00361750
2023-05-09$16.45$17.5063.7%13.5%82.9%21.4%45.3%16.9%10.4%-12.1K462.0K-2.3K0.00119.94N/AN/A01361750
2023-05-10$16.73$17.5046.3%13.3%83.2%15.4%0.0%36.1%10.6%-11.2K434.3K-2.4K0.00109.17N/AN/A00361751
2023-05-11$17.05$17.5064.8%18.6%83.6%21.8%0.0%-3.5%-11.7%-12.9K420.0K-2.4K1.00125.96N/AN/A11361752
2023-05-12$17.52$17.5067.7%19.4%84.3%22.8%0.0%16.1%12.9%-10.7K302.8K-2.6K0.00130.02N/AN/A00362752
2023-05-15$17.99$17.5075.3%21.6%84.7%25.5%0.0%1.2%-21.4%-19.7K271.0K-2.3K0.00119.10N/AN/A300362752
2023-05-16$18.23$17.5056.2%16.1%84.9%18.8%0.0%11.1%-8.8%-14.9K126.2K-2.5K0.00116.47N/AN/A40392752
2023-05-17$18.59$17.5063.8%18.3%85.2%21.5%28.8%12.2%-14.9%-13.1K81.1K-2.5K0.07109.73N/AN/A141392752
2023-05-18$19.42$17.5045.1%12.9%86.6%15.0%36.5%-2.8%-3.2%-8.5K-110.2K-2.5K0.09112.97N/AN/A111405752
2023-05-19$20.01$17.5045.7%13.1%87.0%15.2%0.0%4.4%-11.5%69.0K-253.8K-2.4K0.00114.88N/AN/A360416751
2023-05-22$20.32$17.5046.7%13.4%87.0%15.5%45.5%22.8%-9.8%-6.1K-25.8K-2.3K0.23111.77N/AN/A409261460
2023-05-23$20.59$20.0047.4%13.6%84.0%15.8%0.0%20.8%-2.6%-5.1K-62.8K-2.3K0.00113.83N/AN/A300264469
2023-05-24$20.34$20.0048.6%13.9%83.8%16.2%0.0%23.8%-9.6%-3.7K-74.6K-2.4K0.00117.21N/AN/A05293469
2023-05-25$20.05$20.0048.1%13.8%84.1%16.0%32.0%11.5%-6.0%-5.1K-14.0K-2.4K0.00117.63N/AN/A40293470
2023-05-26$20.06$20.0040.6%11.6%83.4%13.4%0.0%3.0%-3.4%-5.7K-21.6K-2.4K4.00116.52N/AN/A14293470
2023-05-30$20.41$20.0049.5%14.2%83.5%16.5%0.0%8.3%-8.0%-4.5K-68.1K-2.3K0.00119.17N/AN/A00294470
2023-05-31$20.69$20.0055.6%15.9%83.2%18.6%0.0%17.9%-12.1%-3.7K-89.9K-2.3K0.00117.29N/AN/A00294470