FTAG Options History — August 2017

In August 2017, FTAG traded between $25.16 and $25.71. ATM implied volatility averaged 37.1%, placing in the 20.0% IV rank vs the trailing year. The 30-day expected move averaged 10.2%. IV traded above realized volatility by 24.4% (HV 20d: 12.7%). Max pain ranged from $23.00 to $23.00. Net GEX was positive for 17 of 17 trading days. Term structure was in contango for 8 of 17 days. Put/call ratio averaged 0.79.

Notable Days

2017-08-03: Highest Volume — 63 contracts
2017-08-31: Largest IV spike — 75.1% change
2017-08-07: Highest IV Rank — 28.8%
2017-08-31: Largest Expected Move — 13.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$25.52	$25.16	$25.71	$25.57	$25.23
Max Pain	$23.00	$23.00	$23.00	$23.00	$23.00
ATM IV	37.1%	23.1%	53.1%	39.2%	47.0%
Expected Move	10.2%	6.6%	13.5%	11.2%	13.5%
HV 20d	12.7%	10.1%	14.7%	11.1%	14.7%
HV 60d	15.3%	14.8%	15.7%	15.1%	15.7%
IV Rank	20.0%	12.1%	28.8%	21.0%	27.0%
IV Percentile	52.2%	7.1%	88.5%	60.7%	83.7%
Term Structure	0.6%	-24.6%	46.7%	-24.6%	-18.9%
VWIV	43.1%	43.1%	43.1%	43.1%	43.1%
Skew 25d	2.0%	-12.9%	21.2%	-8.6%	21.2%
Skew 10d	9.1%	-3.0%	35.2%	11.3%	35.2%
Call IV 25d	33.6%	26.6%	44.7%	28.2%	28.9%
Put IV 25d	35.6%	19.5%	50.1%	19.5%	50.1%
Bid-Ask Spread %	132.46	112.61	139.33	129.44	137.96
Gamma HHI	0.53	0.47	0.70	0.47	0.50
Net GEX	3.5K	48	10.3K	4.3K	56
Net DEX	-69.2K	-143.6K	8.1K	-106.1K	1.5K
Net VEX	-152	-275	-74	-275	-98
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.79	0.68	0.92	0.68	0.92
Total Volume	46.471	23	63	62	23
Total OI	72.882	23	108	107	23

Daily Data (17 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
2017-08-01	$25.57	$23.00	39.2%	11.2%	11.1%	21.0%	43.1%	-8.6%	-24.6%	4.3K	-106.1K	-275	0.68	129.44	37	25	82	25
2017-08-03	$25.69	$0.00	43.3%	9.3%	10.4%	23.4%	0.0%	7.3%	3.7%	5.2K	-114.8K	-261	0.70	134.28	37	26	82	25
2017-08-07	$25.71	$0.00	53.1%	11.2%	10.4%	28.8%	0.0%	9.2%	18.2%	4.9K	-111.5K	-231	0.70	132.06	37	26	82	26
2017-08-09	$25.69	$0.00	36.2%	10.4%	10.1%	19.5%	0.0%	6.2%	19.1%	5.8K	-125.8K	-213	0.70	134.79	37	26	82	26
2017-08-10	$25.62	$0.00	36.0%	10.3%	10.2%	19.3%	0.0%	4.2%	15.8%	5.1K	-114.8K	-222	0.70	135.59	37	26	82	26
2017-08-11	$25.26	$0.00	35.5%	10.2%	11.5%	19.1%	0.0%	1.8%	-12.9%	5.9K	-111.1K	-212	0.70	133.19	37	26	82	26
2017-08-15	$25.70	$0.00	31.1%	8.9%	13.0%	16.6%	0.0%	0.7%	-12.3%	9.4K	-129.3K	-130	0.70	120.41	37	26	82	26
2017-08-16	$25.68	$0.00	38.5%	11.0%	12.5%	20.7%	0.0%	6.7%	8.8%	5.8K	-124.4K	-162	0.70	134.38	37	26	82	26
2017-08-17	$25.30	$0.00	39.5%	11.3%	13.7%	21.3%	0.0%	4.1%	12.4%	10.3K	-121.5K	-138	0.70	139.05	37	26	82	26
2017-08-18	$25.32	$0.00	23.6%	6.8%	13.1%	12.5%	0.0%	-1.7%	0.2%	686	-143.6K	-82	0.70	112.61	37	26	82	26
2017-08-21	$25.68	$0.00	23.1%	6.6%	14.0%	12.1%	0.0%	0.9%	46.7%	663	6.4K	-85	0.92	130.90	12	11	12	11
2017-08-22	$25.39	$0.00	39.9%	11.4%	14.6%	21.5%	0.0%	-0.9%	-1.2%	67	2.5K	-101	0.92	133.72	12	11	12	11
2017-08-24	$25.59	$0.00	36.9%	10.6%	14.2%	19.8%	0.0%	-12.9%	-18.0%	145	3.0K	-102	0.92	131.71	12	11	12	11
2017-08-28	$25.66	$0.00	39.8%	11.4%	13.9%	21.4%	0.0%	6.7%	-8.1%	313	4.1K	-95	0.92	135.32	12	11	12	11
2017-08-29	$25.59	$0.00	41.5%	11.9%	13.6%	22.4%	0.0%	-8.3%	-15.1%	48	1.1K	-104	0.92	139.33	12	11	12	11
2017-08-30	$25.16	$0.00	26.8%	7.7%	14.7%	14.2%	0.0%	-2.0%	-4.4%	881	8.1K	-74	0.92	137.07	12	11	12	11
2017-08-31	$25.23	$0.00	47.0%	13.5%	14.7%	27.0%	0.0%	21.2%	-18.9%	56	1.5K	-98	0.92	137.96	12	11	12	11