FG Options History — July 2025

In July 2025, FG traded between $30.52 and $32.70. ATM implied volatility averaged 42.5%, placing in the 24.1% IV rank vs the trailing year. The 30-day expected move averaged 12.0%. IV traded above realized volatility by 15.2% (HV 20d: 27.3%). Max pain ranged from $30.00 to $35.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 12 of 22 days. Put/call ratio averaged 0.90.

Notable Days

  • 2025-07-30: Highest Volume — 52 contracts
  • 2025-07-29: Largest IV spike — 93.3% change
  • 2025-07-29: Highest IV Rank — 56.4%
  • 2025-07-29: Largest Expected Move — 20.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$31.48$30.52$32.70$32.70$31.88
Max Pain$32.50$30.00$35.00$30.00$30.00
ATM IV42.5%30.3%69.8%38.9%57.9%
Expected Move12.0%8.7%20.0%11.2%16.6%
HV 20d27.3%24.6%32.7%26.0%32.7%
HV 60d41.8%38.9%46.6%45.9%41.0%
IV Rank24.1%9.7%56.4%20.0%42.3%
IV Percentile29.6%2.8%90.1%16.7%78.2%
Term Structure-0.4%-41.0%43.4%43.4%-33.3%
VWIV56.3%25.9%96.5%25.9%96.5%
Skew 25d-11.4%-56.5%27.9%27.2%-54.6%
Skew 10d-10.2%-63.8%66.6%46.3%-63.8%
Call IV 25d56.2%18.8%103.3%18.8%103.3%
Put IV 25d44.8%30.6%69.0%46.0%48.7%
Bid-Ask Spread %119.46114.30127.52117.31119.67
Gamma HHI0.740.650.840.650.73
Net GEX-37.8K-46.3K-29.4K-29.4K-40.5K
Net DEX757.2K566.6K949.2K566.6K754.8K
Net VEX-6.9K-7.3K-6.5K-7.2K-6.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.900.009.000.002.00
Total Volume7.40905213
Total OI1,480.3641,1731,7301,6521,234

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-07-01$32.70$30.0038.9%11.2%26.0%20.0%0.0%27.2%43.4%-29.4K566.6K-7.2K0.00117.31N/AN/A10743909
2025-07-02$32.01$30.0043.0%12.3%26.6%24.8%0.0%17.7%5.9%-33.0K633.9K-7.3K0.00115.85N/AN/A20743909
2025-07-03$32.53$35.0042.8%13.7%27.3%24.5%0.0%-8.6%-26.3%-32.1K640.4K-7.2K0.00125.80N/AN/A00743909
2025-07-07$31.27$35.0054.6%11.9%29.8%38.5%0.0%-18.9%-10.5%-33.4K795.1K-7.2K0.20122.61N/AN/A102743909
2025-07-08$31.66$35.0055.2%13.4%30.2%39.2%0.0%4.1%-5.2%-31.3K725.8K-7.2K0.00118.27N/AN/A20747909
2025-07-09$31.12$35.0041.9%12.0%30.3%23.5%25.9%-24.3%-12.8%-33.8K778.3K-7.1K0.00120.30N/AN/A025749909
2025-07-10$30.97$30.0044.8%12.8%30.0%26.8%0.0%-30.8%-2.3%-38.3K778.2K-6.9K0.17117.86N/AN/A61749934
2025-07-11$30.84$30.0044.4%12.7%29.1%26.4%43.5%-14.4%-5.2%-39.0K847.0K-6.9K9.00117.95N/AN/A327755936
2025-07-14$30.78$30.0050.9%14.6%29.1%34.0%0.0%-30.8%-19.6%-45.4K911.0K-6.8K0.00117.30N/AN/A10757964
2025-07-15$30.52$30.0037.6%10.8%26.2%18.3%0.0%-27.9%5.7%-46.3K949.2K-6.9K0.00114.30N/AN/A00758964
2025-07-16$30.97$30.0031.7%9.1%26.6%11.3%0.0%-31.9%3.3%-45.9K883.6K-6.9K1.17120.24N/AN/A67758961
2025-07-17$31.24$30.0030.6%8.8%25.6%10.1%0.0%-41.4%9.0%-40.5K833.3K-6.9K0.00126.55N/AN/A00762968
2025-07-18$31.13$30.0036.0%10.3%24.6%16.4%51.1%8.7%13.3%-37.1K796.7K-6.9K0.00120.49N/AN/A03762968
2025-07-21$30.76$35.0039.0%11.2%24.8%20.0%0.0%8.0%12.6%-39.6K885.6K-6.7K0.00121.92N/AN/A00297876
2025-07-22$31.31$35.0031.4%9.0%25.7%11.0%0.0%3.3%2.8%-40.3K769.4K-6.7K0.00117.86N/AN/A20297876
2025-07-23$31.81$35.0030.3%8.7%25.9%9.7%0.0%-0.1%10.4%-42.2K700.2K-6.5K0.00127.52N/AN/A10299876
2025-07-24$31.88$35.0031.2%9.0%25.4%10.8%0.0%-56.5%18.9%-40.4K678.8K-6.6K0.00116.81N/AN/A10300876
2025-07-25$32.23$35.0030.6%8.8%25.2%10.0%0.0%6.6%21.4%-34.3K615.5K-6.8K0.00119.03N/AN/A60301876
2025-07-28$32.10$35.0036.1%10.4%25.0%16.6%0.0%-5.9%15.6%-36.8K631.2K-6.6K0.00117.94N/AN/A00304876
2025-07-29$32.32$35.0069.8%20.0%24.6%56.4%64.7%-7.4%-41.0%-35.2K610.3K-6.6K0.00118.17N/AN/A20304876
2025-07-30$30.63$30.0055.5%15.9%29.8%39.4%0.0%27.9%-14.9%-37.7K873.5K-6.5K0.00114.40N/AN/A052306876
2025-07-31$31.88$30.0057.9%16.6%32.7%42.3%96.5%-54.6%-33.3%-40.5K754.8K-6.7K2.00119.67N/AN/A12306928