FG Options History — May 2024

In May 2024, FG traded between $38.66 and $42.49. ATM implied volatility averaged 47.6%, placing in the 15.1% IV rank vs the trailing year. The 30-day expected move averaged 12.3%. IV traded above realized volatility by 7.5% (HV 20d: 40.0%). Max pain ranged from $35.00 to $40.00. Net GEX was positive for 13 of 22 trading days. Term structure was in contango for 1 of 22 days. Put/call ratio averaged 3.34.

Notable Days

  • 2024-05-06: Highest Volume — 159 contracts
  • 2024-05-10: Largest IV spike — 61.2% change
  • 2024-05-14: Highest IV Rank — 30.7%
  • 2024-05-03: Largest Expected Move — 17.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$40.49$38.66$42.49$38.66$39.92
Max Pain$35.91$35.00$40.00$40.00$35.00
ATM IV47.6%29.2%71.3%58.6%46.0%
Expected Move12.3%8.4%17.5%16.8%13.2%
HV 20d40.0%35.3%44.3%40.1%39.5%
HV 60d40.7%36.8%43.8%43.0%38.2%
IV Rank15.1%3.0%30.7%22.3%14.1%
IV Percentile56.7%4.0%91.7%81.0%65.1%
Term Structure-9.6%-29.7%0.3%-11.5%-11.9%
VWIV45.9%35.0%59.2%59.2%53.3%
Skew 25d2.4%-27.4%32.1%-27.4%0.9%
Skew 10d2.6%-19.7%39.9%-19.4%5.5%
Call IV 25d40.3%21.0%88.2%77.0%38.9%
Put IV 25d42.7%24.3%67.1%49.6%39.8%
Bid-Ask Spread %105.0887.88123.40107.31110.03
Gamma HHI0.250.210.330.290.24
Net GEX1.4K-7.3K10.4K-7.3K-2.3K
Net DEX35.9K-179.5K291.5K291.5K87.4K
Net VEX-2.0K-2.9K-1.5K-2.7K-1.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.340.0020.000.500.00
Total Volume12.818015950
Total OI576.909540657651550

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-05-01$38.66$40.0058.6%16.8%40.1%22.3%0.0%-27.4%-11.5%-7.3K291.5K-2.7K0.00107.31N/AN/A05365286
2024-05-02$40.11$40.0057.6%16.5%42.1%21.7%0.0%20.9%-6.7%-5.7K202.1K-2.9K0.00107.83N/AN/A00365291
2024-05-03$40.02$40.0061.1%17.5%41.9%24.0%59.2%-23.1%-7.3%-6.6K194.0K-2.8K0.50109.80N/AN/A21365291
2024-05-06$41.20$40.0056.9%13.3%42.9%21.2%40.5%7.7%-12.7%-4.7K105.4K-2.8K13.4590.25N/AN/A11148367290
2024-05-07$40.81$35.0058.5%14.7%41.7%22.3%53.7%16.8%-13.2%6.2K-74.0K-2.3K0.0095.10N/AN/A30378190
2024-05-08$39.91$35.0056.2%11.3%37.9%20.8%42.1%9.9%-2.0%5.5K-8.9K-2.0K0.2591.79N/AN/A41379190
2024-05-09$39.90$35.0032.8%10.8%35.3%5.3%0.0%4.6%-0.6%9.4K5.8K-1.9K0.00101.66N/AN/A01379191
2024-05-10$40.88$35.0052.9%10.8%35.8%18.5%0.0%14.0%-0.8%7.4K-52.8K-2.0K0.00102.00N/AN/A00379192
2024-05-13$39.09$35.0060.9%10.9%38.0%23.8%0.0%-1.4%-18.5%2.9K88.0K-1.7K0.00100.25N/AN/A01379192
2024-05-14$40.66$35.0071.3%10.9%39.9%30.7%0.0%6.6%-0.9%7.9K-31.1K-1.9K0.0087.88N/AN/A00379192
2024-05-15$40.86$35.0029.2%8.4%38.5%3.0%35.0%-10.9%-0.1%10.4K-35.8K-1.8K0.00103.97N/AN/A110379192
2024-05-16$40.85$35.0035.3%10.1%38.3%7.0%0.0%4.9%0.3%5.3K-51.2K-1.8K2.0095.30N/AN/A1020390192
2024-05-17$42.49$35.0033.4%9.6%38.5%5.7%0.0%0.4%-2.0%3.1K-179.5K-1.8K0.55110.74N/AN/A2011390192
2024-05-20$42.23$35.0041.9%12.0%38.7%11.3%0.0%-11.7%-16.0%2.5K-58.0K-1.9K0.00114.83N/AN/A20366174
2024-05-21$42.20$35.0038.6%11.1%38.2%9.1%37.7%-1.2%-1.0%4.7K-86.1K-2.0K0.00103.27N/AN/A10367174
2024-05-22$41.63$35.0034.8%10.0%38.2%6.7%0.0%-3.1%-2.3%2.1K-25.7K-1.9K0.00113.67N/AN/A08367174
2024-05-23$39.45$35.0053.4%15.3%43.2%18.9%53.3%32.1%-24.7%-6.6K142.4K-1.5K20.00123.40N/AN/A120367182
2024-05-24$40.61$35.0036.2%10.4%44.2%7.6%0.0%6.3%-0.2%-47139.9K-1.8K0.00103.98N/AN/A00367182
2024-05-28$40.23$35.0043.9%12.6%44.3%12.7%0.0%-0.3%-29.3%38134.4K-1.8K0.00110.10N/AN/A00367182
2024-05-29$39.37$35.0044.4%12.7%42.3%13.0%0.0%-5.5%-29.7%-2.2K105.0K-1.7K0.00110.21N/AN/A00367182
2024-05-30$39.70$35.0043.0%12.3%41.6%12.1%0.0%12.9%-20.0%-2.2K97.8K-1.6K0.00118.32N/AN/A10367182
2024-05-31$39.92$35.0046.0%13.2%39.5%14.1%0.0%0.9%-11.9%-2.3K87.4K-1.7K0.00110.03N/AN/A00368182