FG Options History — January 2026

In January 2026, FG traded between $26.80 and $30.09. ATM implied volatility averaged 51.4%, placing in the 22.3% IV rank vs the trailing year. The 30-day expected move averaged 13.4%. IV traded above realized volatility by 13.5% (HV 20d: 38.0%). Max pain ranged from $30.00 to $30.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 8 of 20 days. Put/call ratio averaged 2.68.

Notable Days

  • 2026-01-08: Highest Volume — 756 contracts
  • 2026-01-06: Largest IV spike — 116.8% change
  • 2026-01-06: Highest IV Rank — 56.7%
  • 2026-01-27: Largest Expected Move — 17.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$28.43$26.80$30.09$30.09$29.17
Max Pain$30.00$30.00$30.00$30.00$30.00
ATM IV51.4%35.1%96.8%41.2%51.7%
Expected Move13.4%8.7%17.9%11.8%14.8%
HV 20d38.0%34.8%41.6%40.2%35.6%
HV 60d36.5%35.1%38.0%35.1%37.7%
IV Rank22.3%9.9%56.7%14.5%22.5%
IV Percentile54.0%16.7%98.8%29.0%61.5%
Term Structure-2.6%-25.3%24.8%-9.6%-17.3%
VWIV46.9%35.2%72.4%39.3%56.4%
Skew 25d5.9%-12.2%27.8%-12.2%-4.5%
Skew 10d12.0%-17.1%55.0%-17.1%-5.7%
Call IV 25d39.2%28.9%50.9%48.7%50.9%
Put IV 25d45.1%32.7%64.9%36.5%46.4%
Bid-Ask Spread %115.75106.92133.12109.71110.58
Gamma HHI0.570.370.890.850.43
Net GEX-54.5K-175.1K-9.1K-120.6K-14.8K
Net DEX972.1K154.7K2.5M1.0M210.9K
Net VEX-4.4K-5.4K-3.7K-4.2K-4.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.680.0028.088.960.00
Total Volume91.9375624923
Total OI1,5171,1502,1041,4911,259

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-01-02$30.09$30.0041.2%11.8%40.2%14.5%39.3%-12.2%-9.6%-120.6K1.0M-4.2K8.96109.71N/AN/A252244001,091
2026-01-05$29.22$30.0044.6%12.4%41.1%17.1%37.7%0.6%-3.4%-132.6K1.6M-4.2K0.79110.35N/AN/A53424241,219
2026-01-06$28.95$30.0096.8%12.7%40.1%56.7%43.9%15.2%9.2%-64.7K1.4M-4.9K4.89108.48N/AN/A442154641,251
2026-01-07$29.50$30.0041.1%8.7%40.9%14.4%42.4%8.2%2.3%-175.1K1.7M-5.1K0.42119.28N/AN/A95405031,440
2026-01-08$28.42$30.0045.3%8.8%41.6%17.6%41.9%9.3%14.5%-128.1K2.2M-5.0K28.08117.38N/AN/A267305901,477
2026-01-09$28.73$30.0046.0%10.7%41.6%18.2%43.6%-2.1%-5.5%-132.1K1.9M-5.4K1.20120.19N/AN/A10126161,457
2026-01-12$28.33$30.0041.6%13.4%38.7%14.8%39.8%-5.4%13.9%-113.5K2.2M-5.3K0.00133.12N/AN/A2506221,469
2026-01-13$27.50$30.0058.0%13.7%39.2%27.2%36.3%11.9%-22.2%-51.0K2.5M-4.3K1.29114.81N/AN/A14186351,469
2026-01-14$27.11$30.0035.1%10.1%38.1%9.9%39.2%10.0%23.6%-17.7K601.0K-4.1K1.00112.65N/AN/A1313649716
2026-01-15$27.73$30.0045.1%12.9%40.1%17.4%53.9%7.9%24.8%-15.4K561.0K-4.3K0.00113.59N/AN/A180657727
2026-01-16$27.36$30.0045.0%12.9%36.3%17.4%41.0%12.2%8.0%-16.7K608.3K-3.7K1.17115.96N/AN/A1214656727
2026-01-20$26.80$30.0060.9%17.5%35.6%29.5%59.4%27.8%-12.6%-11.3K555.6K-3.9K3.77125.78N/AN/A1349539611
2026-01-21$28.00$30.0048.7%14.0%34.8%20.2%39.0%10.4%24.6%-18.1K460.3K-4.1K0.00115.46N/AN/A30550660
2026-01-22$28.58$30.0047.4%13.6%35.9%19.2%72.4%-8.7%-6.4%-14.2K361.4K-4.3K0.15112.73N/AN/A203553660
2026-01-23$28.05$30.0047.3%13.6%36.2%19.1%35.2%4.5%-10.8%-16.2K436.9K-4.1K1.38106.92N/AN/A811563660
2026-01-26$28.60$30.0057.4%16.4%36.8%26.8%64.3%6.3%-20.4%-14.0K338.0K-4.2K0.00112.86N/AN/A280567668
2026-01-27$28.66$30.0062.4%17.9%35.3%30.6%0.0%8.8%-25.3%-11.0K303.2K-3.9K0.09121.30N/AN/A111588668
2026-01-28$28.48$30.0051.7%14.8%35.1%22.5%0.0%18.7%-20.7%-13.4K261.9K-4.3K0.00117.55N/AN/A30599667
2026-01-29$29.24$30.0061.6%17.7%36.0%30.0%58.4%-0.5%-19.1%-9.1K154.7K-4.4K0.47116.28N/AN/A157602667
2026-01-30$29.17$30.0051.7%14.8%35.6%22.5%56.4%-4.5%-17.3%-14.8K210.9K-4.2K0.00110.58N/AN/A230591668