FG Options History — August 2023

In August 2023, FG traded between $26.39 and $30.98. ATM implied volatility averaged 53.5%, placing in the 17.9% IV rank vs the trailing year. The 30-day expected move averaged 14.4%. IV traded above realized volatility by 15.9% (HV 20d: 37.7%). Max pain ranged from $22.50 to $30.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 8 of 23 days. Put/call ratio averaged 0.17.

Notable Days

  • 2023-08-08: Highest Volume — 85 contracts
  • 2023-08-29: Largest IV spike — 57.5% change
  • 2023-08-31: Highest IV Rank — 33.5%
  • 2023-08-31: Largest Expected Move — 28.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$28.35$26.39$30.98$26.41$28.34
Max Pain$29.35$22.50$30.00$22.50$30.00
ATM IV53.5%29.9%98.3%78.9%98.3%
Expected Move14.4%8.6%28.2%22.6%28.2%
HV 20d37.7%23.0%49.4%29.6%49.4%
HV 60d42.8%39.5%45.3%42.5%44.6%
IV Rank17.9%9.7%33.5%26.7%33.5%
IV Percentile53.9%9.5%95.2%89.3%95.2%
Term Structure-12.3%-88.4%27.2%-40.9%-88.4%
VWIV36.8%28.4%51.3%43.5%30.7%
Skew 25d-7.0%-61.9%62.0%62.0%-61.9%
Skew 10d4.8%-49.0%60.2%60.2%28.2%
Call IV 25d56.9%31.3%110.4%43.5%110.4%
Put IV 25d49.9%33.7%105.5%105.5%48.5%
Bid-Ask Spread %125.27113.39133.46127.36130.25
Gamma HHI0.490.210.790.210.57
Net GEX6.3K3.1K10.1K3.1K8.2K
Net DEX-481.5K-756.6K-354.5K-380.4K-435.2K
Net VEX-942-1.1K-459-913-966
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.170.001.830.000.00
Total Volume13.04308530
Total OI443359505359465

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-08-01$26.41$22.5078.9%22.6%29.6%26.7%43.5%62.0%-40.9%3.1K-380.4K-9130.00127.36N/AN/A30207152
2023-08-02$26.39$22.5073.8%21.2%28.4%25.0%51.3%36.0%-4.5%3.1K-377.7K-9510.00127.51N/AN/A20208152
2023-08-03$26.58$30.0056.0%16.4%23.0%18.7%0.0%27.5%-7.2%3.4K-397.1K-8980.00123.82N/AN/A00209152
2023-08-04$27.59$30.0067.0%10.9%23.5%22.6%28.4%-6.5%27.2%3.5K-421.2K-9020.00127.76N/AN/A130209152
2023-08-07$27.54$30.0057.6%9.0%23.7%19.3%29.8%17.1%3.0%4.3K-499.2K-4590.00127.56N/AN/A180222152
2023-08-08$28.11$30.0051.6%9.2%24.2%17.2%0.0%-8.0%8.1%5.3K-524.7K-6511.83132.40N/AN/A3055237152
2023-08-09$27.18$30.0045.6%13.1%28.2%15.2%0.0%-30.7%-15.8%4.2K-472.3K-1.0K0.00128.56N/AN/A03267205
2023-08-10$27.61$30.0032.8%9.4%28.2%10.7%30.7%3.2%3.4%4.5K-512.1K-8830.00123.51N/AN/A250267204
2023-08-11$30.08$30.0029.9%8.6%37.6%9.7%0.0%-4.2%5.8%10.1K-685.5K-8190.00129.65N/AN/A110289204
2023-08-14$30.98$30.0044.0%12.6%37.0%14.6%0.0%14.0%-10.1%9.4K-756.6K-7960.36121.60N/AN/A114295204
2023-08-15$30.00$30.0037.7%10.8%39.9%12.4%0.0%-20.5%-7.6%9.1K-696.2K-9020.00124.17N/AN/A00301204
2023-08-16$29.47$30.0037.2%10.7%41.1%12.2%0.0%-30.5%-6.9%9.5K-660.1K-9220.04123.22N/AN/A793301204
2023-08-17$29.23$30.0055.7%16.0%41.2%18.7%0.0%-26.3%-14.9%8.8K-495.9K-9540.00125.04N/AN/A00252201
2023-08-18$29.33$30.0036.9%10.6%41.3%12.1%0.0%0.4%5.6%6.8K-477.6K-1.0K0.00114.60N/AN/A020252201
2023-08-21$28.16$30.0036.4%10.4%44.6%11.9%0.0%0.0%1.5%5.7K-380.7K-1.1K0.00113.39N/AN/A10230217
2023-08-22$27.73$30.0040.7%11.7%45.1%13.4%0.0%25.9%-5.1%4.6K-354.5K-1.1K0.00122.06N/AN/A30231217
2023-08-23$28.36$30.0040.4%11.6%45.5%13.3%0.0%-14.0%-6.7%5.5K-390.5K-1.1K0.00122.91N/AN/A170232217
2023-08-24$29.01$30.0032.5%9.3%45.8%10.6%0.0%-12.9%8.5%7.5K-449.6K-1.1K0.00122.71N/AN/A00248217
2023-08-25$28.09$30.0049.4%14.2%47.4%16.5%0.0%-16.4%-9.7%6.5K-412.0K-1.1K0.00123.22N/AN/A20248217
2023-08-28$28.16$30.0057.3%16.4%47.0%19.2%0.0%-29.4%-4.4%6.5K-408.7K-1.1K0.00133.46N/AN/A00248217
2023-08-29$28.45$30.0090.3%25.9%47.0%30.7%0.0%-44.9%-77.2%7.3K-430.4K-1.0K0.00129.91N/AN/A00248217
2023-08-30$29.24$30.0081.1%23.3%47.7%27.5%0.0%-40.9%-45.8%7.5K-455.5K-1.1K0.00126.52N/AN/A00248217
2023-08-31$28.34$30.0098.3%28.2%49.4%33.5%0.0%-61.9%-88.4%8.2K-435.2K-9660.00130.25N/AN/A00248217