FG Options History — February 2026

In February 2026, FG traded between $22.61 and $29.68. ATM implied volatility averaged 49.8%, placing in the 21.0% IV rank vs the trailing year. The 30-day expected move averaged 13.1%. IV traded above realized volatility by 6.7% (HV 20d: 43.1%). Max pain ranged from $30.00 to $30.00. Net GEX was positive for 2 of 19 trading days. Term structure was in contango for 2 of 19 days. Put/call ratio averaged 3.18.

Notable Days

  • 2026-02-04: Highest Volume — 256 contracts
  • 2026-02-10: Largest IV spike — 47.4% change
  • 2026-02-06: Highest IV Rank — 42.7%
  • 2026-02-02: Largest Expected Move — 20.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$26.79$22.61$29.68$29.68$22.68
Max Pain$30.00$30.00$30.00$30.00$30.00
ATM IV49.8%33.3%78.3%70.6%33.3%
Expected Move13.1%9.6%20.2%20.2%9.6%
HV 20d43.1%34.6%56.7%35.1%56.0%
HV 60d39.4%36.0%45.1%37.5%45.1%
IV Rank21.0%8.5%42.7%36.8%8.5%
IV Percentile49.5%12.7%96.0%91.7%12.7%
Term Structure-6.8%-22.1%15.9%-17.0%4.9%
VWIV45.4%33.5%55.6%46.2%33.5%
Skew 25d5.9%-35.8%24.2%6.0%-1.5%
Skew 10d9.9%-22.6%30.5%-6.4%-2.6%
Call IV 25d43.1%31.4%66.7%47.6%39.5%
Put IV 25d49.0%30.9%74.4%53.7%38.0%
Bid-Ask Spread %117.3699.34132.14120.57123.51
Gamma HHI0.440.300.550.380.37
Net GEX-14.3K-26.8K3.1K-6.8K3.1K
Net DEX620.1K117.3K1.2M117.3K715.5K
Net VEX-3.6K-5.0K-2.1K-4.1K-2.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.180.0010.940.400.95
Total Volume90.158025635205
Total OI1,431.0531,2021,5611,2731,480

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2026-02-02$29.68$30.0070.6%20.2%35.1%36.8%46.2%6.0%-17.0%-6.8K117.3K-4.1K0.40120.57N/AN/A2510605668
2026-02-03$27.86$30.0054.6%15.7%40.5%24.7%54.1%-35.8%-15.8%-13.4K323.8K-4.1K0.19121.21N/AN/A479599678
2026-02-04$28.18$30.0044.8%12.9%40.7%17.3%38.7%10.6%15.9%-26.8K478.3K-3.9K6.31111.45N/AN/A35221638745
2026-02-05$27.66$30.0057.9%14.8%40.4%27.2%49.7%24.2%-13.2%-24.0K761.6K-4.5K8.42118.67N/AN/A12101648871
2026-02-06$28.48$30.0078.3%11.1%39.8%42.7%0.0%2.9%-22.1%-20.9K536.7K-5.0K5.45132.14N/AN/A1160658864
2026-02-09$27.98$30.0052.1%13.6%40.1%22.8%43.6%15.2%-4.5%-23.8K605.6K-4.3K0.18112.97N/AN/A112669814
2026-02-10$28.36$30.0076.8%13.9%40.1%41.6%55.6%18.1%-3.4%-23.2K571.9K-4.2K0.00112.57N/AN/A30677815
2026-02-11$28.27$30.0041.6%11.9%38.6%14.8%0.0%10.5%-9.6%-22.2K554.0K-4.3K0.00124.51N/AN/A00678815
2026-02-12$28.12$30.0041.3%11.8%38.3%14.6%0.0%-9.8%-11.4%-24.6K620.8K-4.1K0.00129.53N/AN/A70678815
2026-02-13$28.34$30.0041.4%11.9%37.5%14.6%0.0%-3.4%-6.5%-21.9K493.2K-4.3K1.00128.81N/AN/A11676815
2026-02-17$28.48$30.0049.5%14.2%37.2%20.9%52.0%19.7%-0.3%-22.6K430.7K-4.2K6.80124.14N/AN/A1068676814
2026-02-18$28.62$30.0047.9%13.7%36.2%19.6%0.0%-0.6%-19.8%-23.3K528.5K-3.6K0.11125.52N/AN/A182683812
2026-02-19$27.79$30.0043.3%12.4%34.6%16.1%53.2%20.4%-1.3%1.9K761.2K-3.5K10.50117.56N/AN/A10105682811
2026-02-20$25.90$30.0040.0%11.5%41.7%13.6%41.8%12.2%-1.9%-6.4K1.2M-2.3K3.0599.34N/AN/A41125688873
2026-02-23$23.27$30.0046.2%13.3%55.2%18.3%46.2%4.0%-10.6%-6.5K841.9K-2.1K2.36101.05N/AN/A64151611591
2026-02-24$22.61$30.0044.7%12.8%54.5%17.2%41.7%17.0%-8.2%-2.4K813.6K-2.1K10.94119.00N/AN/A17186679596
2026-02-25$23.19$30.0041.2%11.8%55.9%14.5%40.5%4.1%-3.7%-4.4K764.9K-2.5K0.52101.42N/AN/A4825709635
2026-02-26$23.59$30.0039.8%11.4%56.7%13.5%38.7%-1.6%-1.7%-3.7K655.8K-3.0K0.03105.78N/AN/A802768656
2026-02-27$22.68$30.0033.3%9.6%56.0%8.5%33.5%-1.5%4.9%3.1K715.5K-2.9K0.95123.51N/AN/A105100821659