FN Options History — June 2012

In June 2012, FN traded between $11.03 and $12.80. ATM implied volatility averaged 54.0%, placing in the 12.5% IV rank vs the trailing year. The 30-day expected move averaged 16.0%. IV traded below realized volatility by 14.7% (HV 20d: 68.7%). Max pain ranged from $12.50 to $12.50. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 17 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2012-06-11: Highest Volume — 59 contracts
  • 2012-06-13: Largest IV spike — 34.4% change
  • 2012-06-13: Highest IV Rank — 21.0%
  • 2012-06-04: Largest Expected Move — 18.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$11.97$11.03$12.80$11.09$12.55
Max Pain$12.50$12.50$12.50$12.50$12.50
ATM IV54.0%47.6%67.0%47.6%49.4%
Expected Move16.0%13.7%18.0%13.7%14.1%
HV 20d68.7%54.2%84.5%80.3%59.0%
HV 60d61.2%60.4%63.7%60.9%63.7%
IV Rank12.5%8.4%21.0%8.4%9.5%
IV Percentile26.7%4.8%60.0%4.8%8.7%
Term Structure2.6%-4.4%12.3%12.3%7.1%
VWIV55.4%34.4%71.6%34.4%56.2%
Skew 25d10.4%-5.0%31.2%-1.4%3.9%
Skew 10d15.1%-2.8%35.3%-0.7%5.8%
Call IV 25d46.6%36.8%56.2%46.9%44.5%
Put IV 25d57.1%43.0%68.7%45.6%48.4%
Bid-Ask Spread %95.3786.00110.48110.4898.21
Gamma HHI0.390.270.600.330.35
Net GEX-4.2K-7.2K-3.1K-3.3K-3.1K
Net DEX295.9K248.5K350.7K316.4K274.5K
Net VEX-1.2K-1.4K-986-1.2K-1.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume6.8105900
Total OI865.095818944879818

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2012-06-01$11.09$12.5047.6%13.7%80.3%8.4%0.0%-1.4%12.3%-3.3K316.4K-1.2K0.00110.4800413466
2012-06-04$11.03$12.5050.5%18.0%80.3%10.2%0.0%7.2%2.9%-3.3K324.3K-1.1K0.0087.0600413466
2012-06-05$11.71$12.5051.2%16.8%84.5%10.7%0.0%15.1%3.7%-3.8K294.1K-1.3K0.0090.1100413466
2012-06-06$12.32$12.5055.0%16.9%82.8%13.2%0.0%20.1%2.4%-4.4K282.2K-1.3K0.0094.5100413466
2012-06-07$12.61$12.5055.3%16.7%83.4%13.4%34.4%12.3%1.7%-4.3K257.5K-1.4K0.0098.85100413466
2012-06-08$12.80$12.5053.0%16.7%80.1%11.9%58.6%-1.3%2.0%-4.6K248.5K-1.4K0.0093.35010423466
2012-06-11$12.56$12.5056.5%16.9%80.3%14.1%56.3%-1.6%-2.2%-5.4K261.6K-1.4K0.0092.15059423472
2012-06-12$11.99$12.5049.8%16.6%81.1%9.8%0.0%17.0%2.5%-6.8K331.1K-1.4K0.0094.7700423521
2012-06-13$11.56$12.5067.0%17.2%79.9%21.0%0.0%11.9%-0.3%-5.1K349.4K-1.2K0.0092.7100423521
2012-06-14$11.73$12.5055.0%15.8%69.4%13.1%71.6%21.0%3.8%-5.7K350.7K-1.2K0.0086.66044423521
2012-06-15$12.42$12.5059.3%17.0%64.7%16.0%0.0%31.2%-4.4%-7.2K289.7K-1.4K0.0092.4400423487
2012-06-18$12.22$12.5057.7%16.5%64.3%14.9%0.0%25.9%2.2%-3.1K274.7K-1.3K0.0089.2600373456
2012-06-19$12.40$12.5053.3%15.3%54.5%12.1%0.0%23.8%2.5%-3.4K278.9K-1.3K0.0093.0200373456
2012-06-20$12.17$12.5054.6%15.7%54.9%12.9%0.0%-1.7%1.7%-3.5K286.8K-1.2K0.0099.2700373456
2012-06-21$11.71$12.5055.3%15.8%55.9%13.3%0.0%11.6%-0.1%-3.5K297.5K-1.2K0.0097.5300373456
2012-06-22$12.17$12.5051.5%14.8%57.4%10.9%0.0%3.9%5.8%-3.5K287.4K-1.2K0.0099.0000373456
2012-06-25$11.74$12.5056.1%16.1%59.0%13.9%56.2%-5.0%0.6%-3.6K301.7K-1.1K0.00102.16020373456
2012-06-26$11.55$12.5053.7%15.4%59.3%12.3%0.0%8.7%2.9%-3.4K299.7K-1.0K0.0086.0000373445
2012-06-27$11.49$12.5050.7%14.5%57.3%10.4%0.0%7.3%3.9%-3.6K302.6K-1.0K0.00103.0300373445
2012-06-28$11.52$12.5051.0%14.6%54.2%10.6%0.0%8.6%4.0%-3.7K304.3K-9860.00102.1400373445
2012-06-29$12.55$12.5049.4%14.1%59.0%9.5%0.0%3.9%7.1%-3.1K274.5K-1.2K0.0098.2100373445