FTAG Options History — April 2017

In April 2017, FTAG traded between $24.24 and $25.17. ATM implied volatility averaged 40.0%, placing in the 21.5% IV rank vs the trailing year. The 30-day expected move averaged 11.1%. IV traded above realized volatility by 27.7% (HV 20d: 12.3%). Max pain ranged from $23.00 to $23.00. Net GEX was positive for 14 of 14 trading days. Term structure was in contango for 4 of 14 days. Put/call ratio averaged 0.56.

Notable Days

2017-04-03: Highest Volume — 70 contracts
2017-04-25: Largest IV spike — 204.2% change
2017-04-13: Highest IV Rank — 44.4%
2017-04-13: Largest Expected Move — 23.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$24.69	$24.24	$25.17	$24.65	$25.02
Max Pain	$23.00	$23.00	$23.00	$23.00	$23.00
ATM IV	40.0%	20.9%	81.5%	24.6%	27.1%
Expected Move	11.1%	6.0%	23.4%	7.1%	7.8%
HV 20d	12.3%	11.4%	13.1%	12.1%	12.6%
HV 60d	15.5%	15.1%	15.7%	15.1%	15.7%
IV Rank	21.5%	10.9%	44.4%	13.0%	14.3%
IV Percentile	51.7%	19.5%	93.2%	28.5%	29.4%
Term Structure	-14.2%	-51.6%	9.9%	-7.9%	-8.0%
VWIV	47.1%	20.1%	96.7%	26.6%	21.1%
Skew 25d	2.5%	-11.6%	13.7%	-0.0%	-5.3%
Skew 10d	8.0%	-2.8%	35.3%	3.3%	2.4%
Call IV 25d	51.5%	21.0%	128.4%	24.0%	29.1%
Put IV 25d	54.0%	22.9%	138.1%	24.0%	23.8%
Bid-Ask Spread %	132.43	105.76	158.59	123.17	115.28
Gamma HHI	0.51	0.50	0.53	0.52	0.53
Net GEX	957	219	1.5K	1.4K	1.5K
Net DEX	-58.9K	-74.6K	-50.1K	-59.0K	-74.6K
Net VEX	-290	-333	-222	-314	-222
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.56	0.56	0.56	0.56	0.56
Total Volume	70	70	70	70	70
Total OI	70	70	70	70	70

Daily Data (14 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
2017-04-03	$24.65	$0.00	24.6%	7.1%	12.1%	13.0%	0.0%	-0.0%	-7.9%	1.4K	-59.0K	-314	0.56	123.17	45	25	45	25
2017-04-04	$24.71	$0.00	39.6%	11.4%	11.4%	21.3%	0.0%	5.5%	-17.7%	965	-50.2K	-333	0.56	132.52	45	25	45	25
2017-04-06	$24.24	$23.00	30.6%	8.6%	12.8%	16.3%	26.6%	0.6%	-19.5%	792	-56.3K	-310	0.56	134.11	45	25	45	25
2017-04-07	$24.53	$23.00	44.3%	9.4%	11.9%	23.8%	31.5%	-11.6%	5.0%	620	-60.0K	-309	0.56	135.06	45	25	45	25
2017-04-11	$24.60	$23.00	28.3%	6.4%	11.9%	15.0%	24.2%	6.2%	5.6%	1.2K	-51.9K	-306	0.56	129.61	45	25	45	25
2017-04-13	$24.60	$23.00	81.5%	23.4%	11.9%	44.4%	95.6%	-5.2%	-51.6%	219	-54.4K	-307	0.56	158.59	45	25	45	25
2017-04-17	$24.60	$23.00	72.4%	20.7%	11.8%	39.4%	82.4%	6.2%	-51.1%	1.2K	-52.9K	-295	0.56	156.44	45	25	45	25
2017-04-18	$24.40	$23.00	49.3%	14.1%	12.2%	26.6%	96.7%	11.4%	-39.1%	477	-60.0K	-289	0.56	155.35	45	25	45	25
2017-04-20	$24.42	$23.00	24.1%	6.9%	11.9%	12.7%	24.2%	-1.3%	1.1%	1.2K	-50.1K	-296	0.56	105.76	45	25	45	25
2017-04-24	$24.75	$23.00	23.8%	6.8%	12.8%	12.5%	35.6%	13.7%	9.9%	886	-63.8K	-272	0.56	130.79	45	25	45	25
2017-04-25	$25.01	$23.00	72.5%	20.8%	13.1%	39.4%	85.7%	9.7%	-18.5%	485	-58.9K	-289	0.56	141.23	45	25	45	25
2017-04-26	$25.17	$23.00	20.9%	6.0%	12.6%	10.9%	21.3%	3.3%	-3.7%	1.3K	-67.1K	-252	0.56	110.92	45	25	45	25
2017-04-27	$25.00	$23.00	21.3%	6.1%	12.9%	11.1%	20.1%	1.8%	-3.6%	1.3K	-65.6K	-267	0.56	125.12	45	25	45	25
2017-04-28	$25.02	$23.00	27.1%	7.8%	12.6%	14.3%	21.1%	-5.3%	-8.0%	1.5K	-74.6K	-222	0.56	115.28	45	25	45	25