FN Options History — May 2013

Name: FN Options Analytics - May 2013
Creator: Options Analysis Suite

In May 2013, FN traded between $13.10 and $14.70. ATM implied volatility averaged 43.6%, placing in the 33.5% IV rank vs the trailing year. The 30-day expected move averaged 12.8%. IV traded above realized volatility by 6.9% (HV 20d: 36.6%). Max pain ranged from $15.00 to $15.00. Net GEX was positive for 4 of 22 trading days. Term structure was in contango for 12 of 22 days. Put/call ratio averaged 0.60.

Notable Days

2013-05-01: Highest Volume — 40 contracts
2013-05-13: Largest IV spike — 59.1% change
2013-05-13: Highest IV Rank — 63.4%
2013-05-01: Largest Expected Move — 14.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$14.10	$13.10	$14.70	$13.10	$14.53
Max Pain	$15.00	$15.00	$15.00	$15.00	$15.00
ATM IV	43.6%	31.3%	55.5%	51.0%	44.3%
Expected Move	12.8%	11.0%	14.6%	14.6%	12.7%
HV 20d	36.6%	29.4%	46.2%	44.4%	29.4%
HV 60d	39.6%	38.4%	42.2%	42.2%	40.8%
IV Rank	33.5%	3.0%	63.4%	51.0%	35.4%
IV Percentile	23.0%	0.8%	74.6%	46.4%	23.0%
Term Structure	0.8%	-6.1%	16.3%	-0.9%	0.7%
VWIV	41.5%	37.8%	44.5%	40.8%	37.8%
Skew 25d	8.5%	-9.0%	18.9%	9.3%	1.7%
Skew 10d	14.3%	-2.5%	30.8%	16.5%	3.7%
Call IV 25d	40.6%	36.5%	49.1%	43.0%	40.9%
Put IV 25d	49.1%	39.4%	55.9%	52.3%	42.6%
Bid-Ask Spread %	89.59	68.97	105.28	103.02	96.86
Gamma HHI	0.52	0.46	0.73	0.55	0.63
Net GEX	-350	-1.4K	1.1K	1.1K	-796
Net DEX	-9.1K	-42.8K	27.6K	-5.6K	-39.8K
Net VEX	-822	-895	-712	-712	-882
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.60	0.00	2.00	1.00	0.00
Total Volume	8.864	0	40	40	0
Total OI	323.318	273	356	293	356

Daily Data (22 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2013-05-01	$13.10	$15.00	51.0%	14.6%	44.4%	51.0%	40.8%	9.3%	-0.9%	1.1K	-5.6K	-712	1.00	103.02	20	20	187	106
2013-05-02	$13.59	$15.00	46.9%	13.4%	46.2%	40.9%	0.0%	18.9%	16.3%	615	-9.6K	-725	0.00	105.28	0	20	167	106
2013-05-03	$13.81	$15.00	42.3%	12.1%	44.8%	29.7%	0.0%	-9.0%	-2.5%	96	-12.0K	-799	0.00	103.74	0	0	167	126
2013-05-06	$14.00	$15.00	31.3%	12.4%	43.9%	3.0%	42.7%	15.8%	2.3%	50	-9.1K	-776	2.00	82.76	10	20	167	126
2013-05-07	$14.29	$15.00	39.3%	12.4%	44.3%	22.5%	0.0%	14.7%	1.2%	-290	-18.6K	-865	0.00	85.26	0	0	177	146
2013-05-08	$14.09	$15.00	35.4%	12.4%	36.8%	12.8%	0.0%	11.9%	1.9%	-408	4.3K	-834	0.00	68.97	0	0	177	146
2013-05-09	$14.03	$15.00	35.0%	13.1%	35.9%	12.1%	0.0%	10.6%	-0.3%	-284	3.9K	-824	0.00	71.94	0	0	177	146
2013-05-10	$13.90	$15.00	34.9%	13.0%	35.3%	11.9%	0.0%	10.4%	0.6%	-365	9.7K	-818	0.00	83.79	0	0	177	146
2013-05-13	$13.64	$15.00	55.5%	14.4%	34.8%	63.4%	0.0%	6.2%	-2.0%	-416	27.6K	-758	0.00	91.37	0	0	177	146
2013-05-14	$13.79	$15.00	54.4%	12.1%	35.0%	60.8%	41.7%	8.4%	1.8%	-492	26.7K	-771	0.00	90.17	0	20	177	146
2013-05-15	$14.11	$15.00	47.9%	12.4%	34.6%	44.5%	0.0%	13.5%	0.6%	-396	8.4K	-789	0.00	84.99	17	0	177	146
2013-05-16	$14.41	$15.00	42.9%	12.3%	34.3%	31.8%	0.0%	12.8%	1.9%	-354	-14.1K	-832	0.00	87.77	0	0	184	146
2013-05-17	$14.56	$15.00	44.3%	12.7%	34.4%	35.4%	0.0%	10.4%	-0.6%	-277	-23.0K	-828	0.00	90.43	0	0	184	146
2013-05-20	$14.57	$15.00	46.2%	13.3%	34.4%	40.3%	0.0%	11.5%	-1.2%	-369	-42.8K	-812	0.00	91.13	1	0	164	128
2013-05-21	$14.56	$15.00	45.4%	13.0%	31.7%	38.1%	0.0%	8.9%	-3.7%	-374	-41.5K	-800	0.00	92.69	0	30	165	128
2013-05-22	$14.44	$15.00	46.6%	13.4%	32.0%	41.2%	0.0%	3.9%	-6.1%	-1.4K	-15.1K	-863	0.00	89.24	33	0	165	156
2013-05-23	$13.76	$15.00	43.1%	12.4%	36.6%	32.6%	44.5%	2.5%	3.2%	-428	15.0K	-866	0.00	79.70	0	2	198	156
2013-05-24	$14.02	$15.00	38.4%	11.0%	36.4%	20.7%	37.8%	9.7%	5.8%	-724	4.5K	-883	0.00	87.65	0	2	198	158
2013-05-28	$14.13	$15.00	47.6%	13.6%	35.0%	43.6%	0.0%	3.6%	-3.4%	-424	-5.7K	-866	0.00	92.70	0	0	198	158
2013-05-29	$14.24	$15.00	43.9%	12.6%	34.7%	34.5%	0.0%	12.2%	-0.5%	-733	-21.1K	-877	0.00	93.89	0	0	198	158
2013-05-30	$14.70	$15.00	42.1%	12.1%	31.1%	30.0%	0.0%	-0.2%	3.1%	-1.0K	-41.5K	-895	0.00	97.72	0	0	198	158
2013-05-31	$14.53	$15.00	44.3%	12.7%	29.4%	35.4%	0.0%	1.7%	0.7%	-796	-39.8K	-882	0.00	96.86	0	0	198	158