FPXE Options History — November 2025

In November 2025, FPXE traded between $29.48 and $31.73. ATM implied volatility averaged 48.9%, placing in the 31.4% IV rank vs the trailing year. The 30-day expected move averaged 12.8%. IV traded above realized volatility by 30.8% (HV 20d: 18.1%). Max pain ranged from $28.00 to $28.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 9 of 19 days. Put/call ratio averaged 0.00.

Notable Days

  • 2025-11-06: Highest Volume — 275 contracts
  • 2025-11-28: Largest IV spike — 58.8% change
  • 2025-11-28: Highest IV Rank — 83.7%
  • 2025-11-28: Largest Expected Move — 24.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$30.44$29.48$31.73$31.73$30.70
Max Pain$28.00$28.00$28.00$28.00$28.00
ATM IV48.9%40.7%85.3%40.7%85.3%
Expected Move12.8%7.0%24.5%11.7%24.5%
HV 20d18.1%15.1%19.7%15.1%19.7%
HV 60d19.2%17.2%20.4%19.9%17.2%
IV Rank31.4%19.6%83.7%19.6%83.7%
IV Percentile70.7%54.8%98.0%54.8%98.0%
Term Structure-0.7%-28.0%15.5%-1.0%-28.0%
VWIV28.1%22.1%34.3%28.4%34.3%
Skew 25d23.2%-5.5%52.4%4.2%6.4%
Skew 10d21.4%-6.2%45.8%11.3%-2.9%
Call IV 25d48.7%33.2%108.0%47.5%108.0%
Put IV 25d71.8%31.6%114.4%51.7%114.4%
Bid-Ask Spread %157.69145.68173.37169.19158.43
Gamma HHI0.520.370.880.380.88
Net GEX12.8K4.5K21.3K10.5K11.7K
Net DEX-299.4K-412.0K-57.1K-300.7K-249.8K
Net VEX-239-411-117-182-411
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume24.8950275010
Total OI13542164111143

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-11-03$31.73$28.0040.7%11.7%15.1%19.6%0.0%4.2%-1.0%10.5K-300.7K-1820.00169.19N/AN/A001110
2025-11-04$30.79$28.0042.3%12.1%18.3%21.9%0.0%4.6%-6.1%12.5K-267.8K-2230.00168.38N/AN/A001110
2025-11-05$30.69$28.0042.6%12.2%18.3%22.4%0.0%4.9%-6.8%11.5K-257.1K-2380.00168.42N/AN/A001110
2025-11-06$30.38$28.0047.5%7.0%18.5%29.4%28.4%-5.5%4.1%12.5K-249.0K-2340.00145.68N/AN/A27501110
2025-11-07$30.11$28.0047.4%7.2%17.4%29.2%0.0%-4.6%10.0%16.3K-349.7K-3560.00147.56N/AN/A001600
2025-11-10$30.78$28.0049.6%9.0%19.3%32.4%0.0%-3.3%-4.6%14.8K-390.0K-2900.00150.06N/AN/A001600
2025-11-11$31.10$28.0051.2%9.0%18.3%34.7%0.0%12.6%-4.6%11.7K-406.7K-2860.00149.56N/AN/A001600
2025-11-12$30.91$28.0048.1%13.8%18.3%30.3%0.0%45.9%5.5%11.7K-392.7K-2740.00157.28N/AN/A001600
2025-11-13$30.71$28.0044.8%12.8%18.4%25.5%0.0%11.8%-11.2%20.0K-392.3K-2280.00156.78N/AN/A1001600
2025-11-14$30.62$28.0046.9%13.5%18.1%28.6%0.0%42.3%-12.6%11.3K-355.9K-2510.00156.25N/AN/A001530
2025-11-17$30.33$28.0044.7%12.8%17.7%25.3%0.0%47.5%15.5%11.5K-344.2K-2250.00153.31N/AN/A001530
2025-11-18$29.80$28.0043.0%12.3%18.5%23.0%27.5%31.7%6.2%15.7K-310.8K-2040.00157.13N/AN/A1301530
2025-11-19$29.89$28.0043.8%12.6%18.4%24.1%0.0%31.0%0.6%18.0K-330.0K-2070.00157.62N/AN/A001640
2025-11-20$30.02$28.0047.3%13.6%17.0%29.1%0.0%52.4%12.2%13.8K-337.1K-2040.00156.26N/AN/A001640
2025-11-21$29.48$28.0053.6%15.4%17.3%38.2%0.0%39.0%-0.3%4.5K-412.0K-1250.00156.04N/AN/A001640
2025-11-24$29.80$28.0047.5%13.6%18.1%29.4%0.0%40.0%2.7%6.4K-57.1K-1170.00158.20N/AN/A00420
2025-11-25$30.06$28.0048.9%14.0%18.5%31.4%22.1%46.6%7.1%7.8K-65.5K-1190.00173.37N/AN/A1650420
2025-11-26$30.45$28.0053.7%15.4%19.4%38.3%0.0%32.9%-1.8%21.3K-220.0K-3660.00156.57N/AN/A001430
2025-11-28$30.70$28.0085.3%24.5%19.7%83.7%34.3%6.4%-28.0%11.7K-249.8K-4110.00158.43N/AN/A1001430