FG Options History — March 2024

In March 2024, FG traded between $36.04 and $41.05. ATM implied volatility averaged 50.2%, placing in the 16.8% IV rank vs the trailing year. The 30-day expected move averaged 11.6%. IV traded above realized volatility by 5.3% (HV 20d: 44.9%). Max pain ranged from $40.00 to $40.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 10 of 20 days. Put/call ratio averaged 0.26.

Notable Days

  • 2024-03-19: Highest Volume — 50 contracts
  • 2024-03-11: Largest IV spike — 72.4% change
  • 2024-03-12: Highest IV Rank — 48.0%
  • 2024-03-01: Largest Expected Move — 14.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$38.11$36.04$41.05$38.46$40.53
Max Pain$40.00$40.00$40.00$40.00$40.00
ATM IV50.2%33.9%97.6%51.9%35.6%
Expected Move11.6%9.7%14.9%14.9%10.2%
HV 20d44.9%34.2%52.6%51.6%34.4%
HV 60d41.3%39.4%43.7%43.3%41.2%
IV Rank16.8%6.0%48.0%17.9%7.2%
IV Percentile53.5%15.9%96.8%71.0%22.6%
Term Structure-0.0%-23.1%8.9%-1.5%3.3%
VWIV38.1%21.6%55.1%43.5%33.8%
Skew 25d5.1%-2.1%15.2%8.5%12.1%
Skew 10d11.2%-8.8%23.2%22.7%16.2%
Call IV 25d38.0%29.2%48.4%48.4%29.2%
Put IV 25d43.1%34.8%56.9%56.9%41.3%
Bid-Ask Spread %102.4595.80114.07112.88100.77
Gamma HHI0.470.330.590.330.54
Net GEX-19.0K-29.3K-9.6K-14.1K-21.3K
Net DEX587.4K224.8K846.1K523.7K333.5K
Net VEX-3.9K-4.8K-3.5K-4.8K-3.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.260.001.200.000.00
Total Volume10.4050220
Total OI863.6810914895813

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-03-01$38.46$40.0051.9%14.9%51.6%17.9%0.0%8.5%-1.5%-14.1K523.7K-4.8K0.00112.88N/AN/A20398497
2024-03-04$37.03$40.0056.1%12.3%52.4%20.7%43.5%2.2%-0.1%-19.3K700.7K-4.2K1.2096.61N/AN/A56399497
2024-03-05$37.16$40.0066.8%11.5%52.6%27.7%0.0%-0.2%4.2%-20.2K711.6K-4.1K1.17100.20N/AN/A67396502
2024-03-06$37.05$40.0062.5%12.1%52.2%24.9%0.0%1.3%-2.2%-20.8K703.8K-4.2K0.00101.99N/AN/A01402509
2024-03-07$36.06$40.0056.1%11.3%51.3%20.7%0.0%6.4%4.2%-22.7K796.0K-4.0K0.0099.86N/AN/A01402511
2024-03-08$36.04$40.0051.5%11.9%51.5%17.6%40.6%1.8%-0.2%-25.1K846.1K-3.9K0.00102.26N/AN/A50402512
2024-03-11$36.53$40.0088.8%11.6%50.5%42.2%40.1%6.5%-0.2%-29.3K813.3K-3.8K0.00100.82N/AN/A042402512
2024-03-12$36.51$40.0097.6%11.6%50.3%48.0%0.0%4.3%0.3%-16.0K755.5K-3.5K0.00101.01N/AN/A00402494
2024-03-13$36.67$40.0042.3%12.1%44.5%11.6%37.6%6.1%-5.5%-16.4K738.7K-3.6K0.0095.80N/AN/A200402494
2024-03-14$36.61$40.0040.4%11.6%43.2%10.3%0.0%0.0%0.9%-16.6K711.2K-3.6K0.00114.07N/AN/A02401494
2024-03-15$37.37$40.0039.9%11.4%43.9%10.0%41.2%2.1%2.5%-17.1K653.9K-3.7K0.00100.42N/AN/A20401496
2024-03-18$37.28$40.0038.8%11.1%44.0%9.3%0.0%5.7%8.9%-17.5K706.1K-3.5K0.00101.48N/AN/A20385441
2024-03-19$38.48$40.0044.5%12.8%46.2%13.1%21.6%15.2%-5.3%-14.4K516.1K-4.0K0.19105.31N/AN/A428387441
2024-03-20$39.95$40.0042.6%12.2%48.8%11.8%34.0%8.5%-3.0%-14.2K382.5K-4.0K0.33103.91N/AN/A62368442
2024-03-21$41.05$40.0048.3%13.8%35.1%15.5%55.1%5.3%-23.1%-9.6K224.8K-4.4K0.7998.97N/AN/A1411374444
2024-03-22$39.24$40.0034.6%9.9%38.4%6.5%0.0%-2.1%3.8%-21.8K487.4K-3.7K0.00102.58N/AN/A20368445
2024-03-25$39.90$40.0038.4%11.0%38.8%9.0%0.0%5.7%-1.1%-18.6K394.3K-3.9K0.00105.86N/AN/A00368445
2024-03-26$40.38$40.0033.9%9.7%34.2%6.0%33.9%3.5%4.9%-22.2K370.1K-3.8K0.0099.68N/AN/A10368445
2024-03-27$39.91$40.0034.2%9.8%34.6%6.2%33.8%3.5%8.7%-22.5K378.9K-3.8K0.00104.42N/AN/A10369444
2024-03-28$40.53$40.0035.6%10.2%34.4%7.2%0.0%12.1%3.3%-21.3K333.5K-3.8K0.00100.77N/AN/A200369444