FG Options History — April 2025

In April 2025, FG traded between $32.95 and $37.07. ATM implied volatility averaged 59.2%, placing in the 46.5% IV rank vs the trailing year. The 30-day expected move averaged 15.5%. IV traded below realized volatility by 3.4% (HV 20d: 62.6%). Max pain ranged from $35.00 to $35.00. Net GEX was positive for 18 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 1.26.

Notable Days

  • 2025-04-07: Highest Volume — 67 contracts
  • 2025-04-03: Largest IV spike — 42.6% change
  • 2025-04-04: Highest IV Rank — 82.6%
  • 2025-04-10: Largest Expected Move — 19.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$34.72$32.95$37.07$36.56$34.66
Max Pain$35.00$35.00$35.00$35.00$35.00
ATM IV59.2%44.8%88.1%52.1%54.8%
Expected Move15.5%11.4%19.8%13.2%15.7%
HV 20d62.6%48.3%75.6%68.7%52.0%
HV 60d52.9%50.5%54.6%50.9%54.3%
IV Rank46.5%28.5%82.6%37.7%41.1%
IV Percentile72.8%34.5%99.2%64.7%71.4%
Term Structure1.1%-15.5%24.3%-2.6%16.9%
VWIV53.4%38.1%83.9%38.1%83.9%
Skew 25d12.2%-23.6%54.3%25.0%-12.2%
Skew 10d15.4%-36.2%75.0%18.1%44.8%
Call IV 25d55.0%27.8%91.3%27.8%91.3%
Put IV 25d67.1%43.7%92.1%52.7%79.1%
Bid-Ask Spread %110.4895.89121.5596.26114.75
Gamma HHI0.370.260.890.310.43
Net GEX-2.8K-256.0K15.5K12.0K15.2K
Net DEX-318.3K-489.1K-178.5K-433.9K-368.3K
Net VEX-3.5K-4.2K-2.9K-3.8K-3.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.260.0013.000.180.00
Total Volume18.0950671330
Total OI875.095767947886819

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-04-01$36.56$35.0052.1%13.2%68.7%37.7%38.1%25.0%-2.6%12.0K-433.9K-3.8K0.1896.26N/AN/A112688198
2025-04-02$37.07$35.0046.1%12.7%68.7%30.2%41.9%5.4%4.3%12.0K-489.1K-3.8K0.1595.89N/AN/A335690199
2025-04-03$35.15$35.0065.8%11.4%70.2%54.7%0.0%18.1%10.5%8.9K-336.8K-3.9K0.00121.55N/AN/A018697199
2025-04-04$34.51$35.0088.1%14.4%70.2%82.6%55.1%10.0%7.7%11.4K-323.1K-4.2K0.45113.14N/AN/A209697206
2025-04-07$34.89$35.0085.1%16.8%69.5%78.8%58.6%6.4%2.2%8.2K-331.6K-3.9K0.05116.16N/AN/A643700212
2025-04-08$34.34$35.0076.1%18.8%67.9%67.7%41.5%22.8%-15.1%8.9K-321.3K-4.0K0.50107.61N/AN/A42721213
2025-04-09$36.28$35.0051.4%14.7%71.5%36.8%43.7%21.0%-7.7%11.9K-433.9K-3.7K0.12115.74N/AN/A253721214
2025-04-10$33.66$35.0069.0%19.8%75.6%58.8%69.1%-10.4%-15.5%6.3K-225.5K-3.8K0.17118.09N/AN/A61714214
2025-04-11$33.28$35.0061.8%17.7%72.2%49.8%0.0%12.3%-2.4%5.4K-178.5K-3.5K2.50114.12N/AN/A615720215
2025-04-14$34.08$35.0063.5%18.2%73.3%51.9%0.0%-11.9%-7.0%6.8K-229.9K-3.4K0.00114.24N/AN/A00717230
2025-04-15$34.39$35.0051.0%14.6%73.5%36.3%0.0%-4.6%-5.3%-1.7K-225.2K-3.4K0.10112.22N/AN/A101717230
2025-04-16$34.15$35.0053.9%15.4%72.9%39.9%58.5%-4.0%-3.8%-3.6K-198.4K-3.4K4.00109.42N/AN/A14713230
2025-04-17$35.02$35.0048.6%13.9%48.3%33.3%48.6%-23.6%-1.7%-256.0K-302.1K-3.3K0.20106.46N/AN/A102714233
2025-04-21$32.95$35.0052.9%15.2%50.3%38.6%68.7%39.9%15.7%11.3K-255.2K-2.9K0.58109.85N/AN/A127628139
2025-04-22$33.62$35.0052.3%15.0%51.0%37.9%46.9%54.3%-1.8%11.8K-262.5K-3.1K0.50109.94N/AN/A21640146
2025-04-23$34.14$35.0054.1%15.5%51.3%40.2%40.1%47.9%-0.9%12.6K-290.8K-3.1K0.12107.25N/AN/A172640147
2025-04-24$35.22$35.0057.4%16.4%51.9%44.2%53.1%19.9%-1.6%15.0K-370.6K-3.3K0.00101.81N/AN/A310647149
2025-04-25$34.63$35.0044.8%12.8%52.1%28.5%83.9%37.1%18.6%15.0K-369.6K-3.2K13.00115.67N/AN/A113648149
2025-04-28$35.02$35.0060.1%17.2%51.9%47.6%0.0%5.4%-12.8%13.7K-351.9K-3.2K0.00106.77N/AN/A30648162
2025-04-29$35.59$35.0054.1%15.5%51.4%40.2%0.0%-3.0%24.3%15.5K-385.9K-3.2K0.00113.15N/AN/A60651162
2025-04-30$34.66$35.0054.8%15.7%52.0%41.1%0.0%-12.2%16.9%15.2K-368.3K-3.1K0.00114.75N/AN/A030657162