FPXE Options History — September 2025

In September 2025, FPXE traded between $31.29 and $32.80. ATM implied volatility averaged 37.7%. The 30-day expected move averaged 9.9%. IV traded above realized volatility by 12.6% (HV 20d: 25.1%). Max pain ranged from $31.00 to $31.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 0 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2025-09-08: Highest Volume — 1 contracts
  • 2025-09-10: Largest IV drop — 40.3% change
  • 2025-09-02: Largest Expected Move — 12.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$32.19$31.29$32.80$31.29$32.24
Max Pain$31.00$31.00$31.00$31.00$31.00
ATM IV37.7%30.4%50.9%43.8%40.6%
Expected Move9.9%8.1%12.5%12.5%11.6%
HV 20d25.1%18.7%27.6%27.2%18.7%
HV 60d27.6%26.1%28.5%27.5%26.1%
Term Structure-12.9%-19.3%-5.6%-19.3%-12.8%
Skew 25d0.9%-13.6%7.8%5.2%4.3%
Skew 10d12.8%-7.7%48.5%12.7%10.6%
Call IV 25d40.5%31.4%50.0%49.9%46.4%
Put IV 25d41.4%26.8%55.9%55.1%50.8%
Bid-Ask Spread %145.82142.59169.09169.09142.88
Gamma HHI1.001.001.001.001.00
Net GEX30484754201238
Net DEX-3.8K-5.0K-1.6K-1.6K-4.4K
Net VEX-5-8-3-4-5
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.0480100
Total OI1.7621212

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-09-02$31.29$0.0043.8%12.5%27.2%0.0%0.0%5.2%-19.3%201-1.6K-40.00169.09N/AN/A0010
2025-09-03$31.91$0.0043.6%12.5%26.8%0.0%0.0%5.9%-12.1%99-2.0K-40.00169.06N/AN/A0010
2025-09-04$32.16$31.0043.3%8.5%26.5%0.0%0.0%7.8%-5.6%112-2.2K-40.00144.52N/AN/A0010
2025-09-05$31.86$31.0043.6%8.1%26.8%0.0%0.0%-8.0%-13.3%262-2.0K-30.00144.30N/AN/A0010
2025-09-08$32.50$31.0048.5%8.7%27.6%0.0%0.0%4.8%-6.1%84-2.2K-40.00144.03N/AN/A1010
2025-09-09$31.92$31.0050.9%8.9%27.5%0.0%0.0%-1.0%-12.0%275-3.8K-80.00143.71N/AN/A0020
2025-09-10$32.20$31.0030.4%8.7%27.6%0.0%0.0%-2.8%-17.0%610-4.6K-50.00143.93N/AN/A0020
2025-09-11$32.40$31.0030.5%8.8%24.4%0.0%0.0%2.6%-15.8%474-4.6K-60.00142.70N/AN/A0020
2025-09-12$32.80$31.0030.8%8.8%24.0%0.0%0.0%6.5%-7.5%169-4.6K-70.00143.28N/AN/A0020
2025-09-15$32.48$31.0033.0%9.5%24.3%0.0%0.0%-2.4%-16.4%350-4.5K-60.00142.65N/AN/A0020
2025-09-16$32.45$31.0032.7%9.4%24.3%0.0%0.0%-5.2%-16.1%439-4.6K-50.00143.04N/AN/A0020
2025-09-17$32.34$31.0033.1%9.5%24.4%0.0%0.0%-2.4%-16.4%347-4.3K-60.00143.30N/AN/A0020
2025-09-18$32.14$31.0033.6%9.6%24.4%0.0%0.0%-4.9%-13.6%404-4.2K-60.00142.95N/AN/A0020
2025-09-19$32.65$31.0032.2%9.2%24.9%0.0%0.0%6.2%-16.1%392-4.6K-50.00143.20N/AN/A0020
2025-09-22$32.13$31.0036.2%10.4%25.0%0.0%0.0%3.6%-10.1%231-4.3K-60.00142.72N/AN/A0020
2025-09-23$32.41$31.0035.9%10.3%25.1%0.0%0.0%4.5%-8.5%219-4.5K-60.00143.47N/AN/A0020
2025-09-24$32.20$31.0036.1%10.3%25.2%0.0%0.0%-13.6%-18.8%754-5.0K-30.00142.59N/AN/A0020
2025-09-25$31.74$31.0036.2%10.4%24.9%0.0%0.0%0.0%-13.2%281-3.7K-60.00144.15N/AN/A0020
2025-09-26$31.89$31.0037.2%10.7%24.2%0.0%0.0%4.2%-9.9%219-4.0K-60.00143.39N/AN/A0020
2025-09-29$32.29$31.0039.4%11.3%23.9%0.0%0.0%3.5%-10.7%234-4.4K-50.00143.34N/AN/A0020
2025-09-30$32.24$31.0040.6%11.6%18.7%0.0%0.0%4.3%-12.8%238-4.4K-50.00142.88N/AN/A0020