FORM Options History — June 2022

In June 2022, FORM traded between $33.96 and $42.02. ATM implied volatility averaged 54.3%, placing in the 32.1% IV rank vs the trailing year. The 30-day expected move averaged 15.0%. IV traded above realized volatility by 7.5% (HV 20d: 46.8%). Max pain ranged from $40.00 to $40.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 0.28.

Notable Days

  • 2022-06-13: Highest Volume — 134 contracts
  • 2022-06-27: Largest IV spike — 81.7% change
  • 2022-06-27: Highest IV Rank — 51.3%
  • 2022-06-27: Largest Expected Move — 20.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$38.40$33.96$42.02$40.77$38.48
Max Pain$40.00$40.00$40.00$40.00$40.00
ATM IV54.3%38.8%70.5%57.0%54.4%
Expected Move15.0%11.1%20.2%16.3%15.6%
HV 20d46.8%37.4%55.5%44.5%54.5%
HV 60d53.0%49.9%54.5%53.3%53.8%
IV Rank32.1%13.7%51.3%35.3%32.3%
IV Percentile74.4%23.0%99.2%86.9%75.8%
Term Structure-3.5%-23.3%26.8%-4.2%0.6%
VWIV54.2%44.4%67.4%56.6%64.4%
Skew 25d12.8%-2.9%36.5%25.1%18.3%
Skew 10d21.4%5.9%50.5%33.6%13.9%
Call IV 25d49.9%35.3%69.6%40.1%69.6%
Put IV 25d62.8%46.3%87.9%65.2%87.9%
Bid-Ask Spread %101.5591.25111.0997.89104.65
Gamma HHI0.510.360.620.590.53
Net GEX13.9K-1.4K29.3K24.9K14.3K
Net DEX-320.2K-683.6K-38.4K-529.4K-357.4K
Net VEX-2.2K-2.9K-1.6K-2.7K-2.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.280.180.490.490.22
Total Volume96.762631346478
Total OI568.571526587559587

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-06-01$40.77$40.0057.0%16.3%44.5%35.3%56.6%25.1%-4.2%24.9K-529.4K-2.7K0.4997.89N/AN/A4321442117
2022-06-02$42.02$40.0049.9%13.6%42.1%26.9%46.1%15.7%-10.8%29.3K-683.6K-2.9K0.4291.25N/AN/A5021442118
2022-06-03$40.52$40.0056.5%13.2%41.0%34.7%44.8%5.8%4.5%24.1K-516.4K-2.6K0.2192.51N/AN/A10121449118
2022-06-06$40.39$40.0059.7%13.9%40.9%38.5%48.2%0.2%-0.5%22.6K-523.1K-2.6K0.2192.84N/AN/A10121451118
2022-06-07$40.44$40.0058.8%12.4%40.0%37.5%44.7%-2.9%7.4%22.0K-466.3K-2.6K0.2192.84N/AN/A10121451118
2022-06-08$39.50$40.0044.0%12.6%40.8%19.8%47.1%5.8%-2.2%18.4K-396.9K-2.4K0.2297.75N/AN/A9521451118
2022-06-09$39.12$40.0047.6%13.6%39.9%24.1%51.2%6.3%-2.4%17.8K-357.5K-2.3K0.36101.93N/AN/A9534450118
2022-06-10$37.80$40.0053.0%15.2%41.2%30.6%57.9%16.3%-11.6%13.3K-283.1K-2.3K0.3697.96N/AN/A9534450132
2022-06-13$36.02$40.0058.0%16.6%40.7%36.5%55.3%7.8%-3.4%8.6K-166.9K-2.0K0.34106.01N/AN/A10034440132
2022-06-14$36.83$40.0065.4%18.7%41.8%45.3%67.4%17.0%-15.1%7.8K-159.5K-2.0K0.29102.50N/AN/A7221440132
2022-06-15$37.20$40.0046.3%13.3%37.4%22.7%47.7%8.4%9.2%7.8K-173.4K-1.9K0.23110.07N/AN/A7317439132
2022-06-16$33.96$40.0061.4%17.6%48.0%40.5%62.3%3.4%-23.1%3.9K-46.4K-1.7K0.18111.09N/AN/A9417440130
2022-06-17$35.21$40.0057.6%16.5%50.5%36.1%55.7%21.1%-17.0%-1.4K-38.4K-1.6K0.26102.75N/AN/A9625441131
2022-06-21$36.67$40.0054.1%15.5%52.8%31.9%53.5%20.7%-23.3%4.5K-98.8K-1.7K0.37102.68N/AN/A4617407119
2022-06-22$36.56$40.0046.5%13.3%52.5%22.8%56.3%17.5%-5.9%2.9K-114.0K-1.7K0.35110.21N/AN/A4917427118
2022-06-23$37.48$40.0052.1%14.9%53.4%29.6%48.2%26.2%26.8%4.7K-168.6K-1.8K0.2597.85N/AN/A6817433118
2022-06-24$38.94$40.0038.8%11.1%55.4%13.7%44.4%11.8%10.0%10.8K-306.3K-2.0K0.27103.21N/AN/A6217457118
2022-06-27$40.34$40.0070.5%20.2%55.5%51.3%64.0%36.5%-23.0%22.8K-562.6K-2.5K0.27102.10N/AN/A6417465117
2022-06-28$39.45$40.0052.4%15.0%54.5%29.9%57.0%7.7%2.9%16.0K-395.6K-2.1K0.22105.67N/AN/A6414470117
2022-06-29$38.60$40.0056.1%16.1%54.6%34.3%64.2%0.9%7.7%16.7K-380.7K-2.1K0.22108.88N/AN/A6414470117
2022-06-30$38.48$40.0054.4%15.6%54.5%32.3%64.4%18.3%0.6%14.3K-357.4K-2.0K0.22104.65N/AN/A6414470117