FG Options History — November 2025

In November 2025, FG traded between $29.05 and $33.29. ATM implied volatility averaged 55.5%, placing in the 25.4% IV rank vs the trailing year. The 30-day expected move averaged 14.4%. IV traded above realized volatility by 22.5% (HV 20d: 33.0%). Max pain ranged from $25.00 to $35.00. Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 6 of 19 days. Put/call ratio averaged 0.91.

Notable Days

  • 2025-11-28: Highest Volume — 107 contracts
  • 2025-11-14: Largest IV spike — 52.6% change
  • 2025-11-06: Highest IV Rank — 50.5%
  • 2025-11-05: Largest Expected Move — 22.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$31.43$29.05$33.29$29.05$32.17
Max Pain$31.58$25.00$35.00$35.00$35.00
ATM IV55.5%23.8%88.6%73.1%33.2%
Expected Move14.4%6.8%22.0%21.0%9.5%
HV 20d33.0%25.3%37.6%25.3%37.6%
HV 60d26.2%21.7%28.6%22.4%28.5%
IV Rank25.4%1.3%50.5%38.7%8.5%
IV Percentile59.6%0.8%98.4%92.1%11.9%
Term Structure-7.5%-32.2%13.4%5.5%4.2%
VWIV46.7%25.5%70.4%70.4%36.6%
Skew 25d34.8%-10.2%87.3%87.3%-10.2%
Skew 10d28.9%-40.5%140.9%40.6%36.7%
Call IV 25d38.4%23.8%53.4%41.5%37.2%
Put IV 25d73.2%27.0%128.8%128.8%27.0%
Bid-Ask Spread %127.62112.67135.15112.67131.69
Gamma HHI0.370.340.450.390.37
Net GEX-40.6K-90.7K-9.5K-42.9K-49.6K
Net DEX1.7M1.2M2.1M2.1M1.7M
Net VEX-7.7K-8.5K-6.8K-8.0K-6.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.910.003.500.250.05
Total Volume27.36801075107
Total OI1,954.3681,7372,0571,9661,779

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-11-03$29.05$35.0073.1%21.0%25.3%38.7%0.0%87.3%5.5%-42.9K2.1M-8.0K0.25112.67N/AN/A415791,387
2025-11-04$29.73$35.0069.2%19.8%26.1%35.8%70.4%31.0%-18.9%-36.4K2.1M-7.6K0.50131.14N/AN/A215821,388
2025-11-05$29.88$35.0076.7%22.0%25.8%41.5%64.8%59.1%-32.2%-35.2K2.1M-7.5K0.25126.73N/AN/A2055841,389
2025-11-06$29.75$25.0088.6%17.6%25.6%50.5%62.9%49.7%-16.8%-32.2K1.8M-8.0K0.00134.42N/AN/A2906011,394
2025-11-07$30.73$30.0056.1%13.8%27.3%25.8%54.9%2.7%-18.3%-34.7K1.9M-7.7K0.03131.97N/AN/A2916081,394
2025-11-10$32.91$30.0061.5%8.8%35.5%29.9%0.0%32.5%11.6%-90.7K1.2M-7.4K0.17131.01N/AN/A1836081,393
2025-11-11$33.14$30.0060.3%7.4%33.5%29.0%25.5%23.9%-10.0%-12.0K1.4M-8.3K3.50120.05N/AN/A276091,390
2025-11-12$33.29$30.0039.1%11.2%31.8%12.9%44.0%24.8%-11.9%-9.5K1.5M-7.4K1.55118.55N/AN/A11176091,395
2025-11-13$33.00$30.0023.8%6.8%31.3%1.3%26.6%32.5%4.1%-21.3K1.6M-7.8K0.00124.33N/AN/A066001,411
2025-11-14$32.77$30.0036.4%10.4%31.6%10.8%0.0%27.3%-2.5%-32.9K1.5M-8.4K0.00129.44N/AN/A006001,410
2025-11-17$31.37$30.0046.9%13.4%35.8%18.8%0.0%23.0%1.5%-44.9K1.8M-8.5K0.00122.49N/AN/A006001,410
2025-11-18$30.60$30.0046.7%13.4%37.1%18.7%0.0%59.0%-5.7%-37.7K2.0M-7.5K0.00124.79N/AN/A006001,410
2025-11-19$30.46$30.0052.4%15.0%37.1%23.0%56.2%54.5%13.4%-35.6K2.1M-7.4K0.01135.12N/AN/A9016001,410
2025-11-20$30.76$30.0072.4%20.7%37.1%38.2%0.0%59.6%-12.3%-38.0K1.8M-7.8K0.00135.15N/AN/A0506461,411
2025-11-21$31.23$30.0061.5%17.6%37.4%29.9%35.6%51.7%-1.2%-46.1K1.8M-7.6K2.50133.06N/AN/A256461,411
2025-11-24$31.45$35.0075.9%21.8%37.4%40.9%35.7%55.5%-26.6%-45.3K1.6M-7.4K0.43125.29N/AN/A23104371,300
2025-11-25$32.24$35.0041.7%12.0%37.2%14.9%0.0%-3.7%-19.1%-56.6K1.6M-7.2K0.55127.55N/AN/A44244571,310
2025-11-26$32.55$35.0039.0%11.2%37.1%12.8%0.0%1.6%-6.7%-70.5K1.6M-6.8K3.00129.35N/AN/A264461,329
2025-11-28$32.17$35.0033.2%9.5%37.6%8.5%36.6%-10.2%4.2%-49.6K1.7M-6.9K0.05131.69N/AN/A10254451,334