FG Options History — November 2023

In November 2023, FG traded between $30.66 and $43.44. ATM implied volatility averaged 40.4%, placing in the 5.5% IV rank vs the trailing year. The 30-day expected move averaged 10.4%. IV traded below realized volatility by 12.6% (HV 20d: 52.9%). Max pain ranged from $30.00 to $35.00. Net GEX was positive for 18 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 1.89.

Notable Days

  • 2023-11-17: Highest Volume — 299 contracts
  • 2023-11-06: Largest IV spike — 69.0% change
  • 2023-11-07: Highest IV Rank — 18.1%
  • 2023-11-01: Largest Expected Move — 18.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$38.31$30.66$43.44$30.66$40.80
Max Pain$31.90$30.00$35.00$30.00$35.00
ATM IV40.4%24.7%73.8%65.0%43.4%
Expected Move10.4%7.1%18.6%18.6%12.4%
HV 20d52.9%33.8%61.9%33.8%59.9%
HV 60d43.9%36.9%46.3%40.2%45.3%
IV Rank5.5%0.0%18.1%14.7%7.1%
IV Percentile25.5%0.0%84.5%79.4%42.1%
Term Structure-4.0%-16.7%13.4%-0.2%-4.3%
VWIV30.9%26.9%38.6%38.6%27.0%
Skew 25d3.1%-19.9%18.6%18.6%0.5%
Skew 10d17.0%-20.5%77.6%25.3%-4.8%
Call IV 25d36.4%23.3%88.9%88.9%46.3%
Put IV 25d39.5%28.2%107.4%107.4%46.8%
Bid-Ask Spread %107.4390.09125.07117.75108.96
Gamma HHI0.570.320.880.490.81
Net GEX14.3K-2.4K37.9K8.9K27.6K
Net DEX-615.8K-1.1M-265.1K-265.1K-830.5K
Net VEX-1.7K-3.2K-610-907-3.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.890.0010.570.007.50
Total Volume25.3810299017
Total OI354.81179588179588

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-11-01$30.66$30.0065.0%18.6%33.8%14.7%0.0%18.6%-0.2%8.9K-265.1K-9070.00117.75N/AN/A0015920
2023-11-02$31.72$30.0059.8%10.5%34.0%12.7%0.0%8.9%-15.1%9.6K-307.8K-8870.00116.60N/AN/A1015920
2023-11-03$32.94$30.0038.5%8.7%35.7%4.7%0.0%-6.2%-2.7%8.6K-348.0K-9300.00125.07N/AN/A11016020
2023-11-06$32.06$30.0065.0%12.0%37.6%14.7%0.0%-0.3%-14.4%9.8K-313.3K-9450.00118.02N/AN/A0017120
2023-11-07$32.45$30.0073.8%12.1%37.5%18.1%0.0%-4.4%-16.7%9.8K-328.6K-9570.00114.78N/AN/A0017120
2023-11-08$36.77$30.0036.1%10.4%56.3%3.8%38.6%-3.6%-6.8%8.1K-488.3K-82810.57112.46N/AN/A77417120
2023-11-09$38.28$30.0038.3%11.0%56.5%4.6%0.0%-19.9%-9.3%-805-482.1K-8648.00120.58N/AN/A21617492
2023-11-10$37.24$30.0034.3%9.8%58.5%3.1%0.0%-4.0%-8.7%-1.9K-431.9K-9410.00119.85N/AN/A00174107
2023-11-13$36.81$30.0041.0%11.8%58.7%5.6%0.0%12.1%-10.9%-2.4K-392.6K-9950.00115.86N/AN/A010174107
2023-11-14$39.48$30.0036.4%10.4%61.6%3.9%0.0%9.7%-2.1%334-538.8K-7930.00102.88N/AN/A20174102
2023-11-15$40.66$30.0040.1%11.5%61.9%5.3%0.0%17.8%-7.9%772-607.1K-6310.00107.61N/AN/A50174102
2023-11-16$40.13$30.0034.7%10.0%61.2%3.2%0.0%-2.2%-0.7%2.1K-599.3K-6670.00102.19N/AN/A00177102
2023-11-17$40.22$30.0027.1%7.8%58.0%0.3%33.9%5.2%1.0%1.6K-611.4K-6100.2994.94N/AN/A23168177102
2023-11-20$41.20$35.0028.7%8.2%58.1%0.9%0.0%5.7%0.3%26.1K-791.5K-2.5K0.3899.75N/AN/A83401103
2023-11-21$41.45$35.0032.8%9.4%57.5%2.5%0.0%7.2%13.4%26.5K-887.2K-3.1K0.00107.65N/AN/A20433106
2023-11-22$42.26$35.0024.7%7.1%56.0%0.0%27.2%2.1%4.6%31.8K-934.7K-2.9K0.5090.09N/AN/A84435106
2023-11-24$42.58$35.0031.6%9.1%56.1%2.6%26.9%5.2%1.1%33.2K-976.4K-3.1K0.4095.94N/AN/A104444110
2023-11-27$43.44$35.0031.7%9.1%55.5%2.6%31.7%0.8%-3.1%37.9K-1.1M-3.2K0.1493.59N/AN/A71447110
2023-11-28$41.69$35.0035.0%10.0%58.9%3.9%0.0%6.7%-5.7%29.4K-868.0K-3.0K0.0097.36N/AN/A100450111
2023-11-29$41.70$35.0029.5%8.5%58.5%1.8%27.0%5.7%5.0%32.3K-852.3K-2.9K0.6094.09N/AN/A2012447111
2023-11-30$40.80$35.0043.4%12.4%59.9%7.1%0.0%0.5%-4.3%27.6K-830.5K-3.0K7.50108.96N/AN/A215466122