FTAG Options History — June 2018

In June 2018, FTAG traded between $25.96 and $27.92. ATM implied volatility averaged 37.6%, placing in the 12.1% IV rank vs the trailing year. The 30-day expected move averaged 9.8%. IV traded above realized volatility by 22.1% (HV 20d: 15.5%). Max pain ranged from $28.00 to $29.00. Net GEX was positive for 9 of 13 trading days. Term structure was in contango for 7 of 13 days. Put/call ratio averaged 1.49.

Notable Days

2018-06-01: Highest Volume — 52 contracts
2018-06-25: Largest IV spike — 92.3% change
2018-06-06: Highest IV Rank — 25.1%
2018-06-25: Largest Expected Move — 14.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$27.02	$25.96	$27.92	$27.40	$26.26
Max Pain	$28.20	$28.00	$29.00	$29.00	$28.00
ATM IV	37.6%	24.4%	57.3%	45.6%	48.3%
Expected Move	9.8%	6.4%	14.2%	13.1%	13.9%
HV 20d	15.5%	12.4%	18.6%	12.4%	18.6%
HV 60d	16.9%	16.3%	18.0%	17.1%	16.6%
IV Rank	12.1%	3.4%	25.1%	17.4%	19.2%
IV Percentile	49.0%	10.3%	90.9%	75.0%	79.0%
Term Structure	-3.5%	-18.6%	4.0%	-14.0%	-8.4%
VWIV	32.0%	22.5%	46.7%	23.4%	42.3%
Skew 25d	5.0%	-1.2%	22.0%	22.0%	6.2%
Skew 10d	4.0%	-8.8%	9.8%	3.9%	5.7%
Call IV 25d	34.0%	25.9%	46.8%	26.2%	44.1%
Put IV 25d	39.0%	28.6%	51.0%	48.3%	50.4%
Bid-Ask Spread %	117.63	96.23	134.47	134.47	128.82
Gamma HHI	0.24	0.22	0.27	0.23	0.23
Net GEX	88	-227	349	124	36
Net DEX	-2.5K	-12.2K	9.3K	-7.0K	1.3K
Net VEX	-192	-222	-170	-222	-181
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.49	1.48	1.55	1.48	1.48
Total Volume	51.846	51	52	52	52
Total OI	51.769	51	52	52	52

Daily Data (13 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
2018-06-01	$27.40	$29.00	45.6%	13.1%	12.4%	17.4%	23.4%	22.0%	-14.0%	124	-7.0K	-222	1.48	134.47	21	31	21	31
2018-06-06	$27.81	$0.00	57.3%	9.6%	13.3%	25.1%	0.0%	4.1%	-12.6%	296	-12.2K	-201	1.48	118.94	21	31	21	31
2018-06-07	$27.66	$0.00	28.6%	8.0%	12.9%	6.2%	0.0%	1.2%	3.6%	210	-8.0K	-198	1.48	96.23	21	31	21	31
2018-06-08	$27.80	$0.00	28.9%	6.4%	12.9%	6.3%	0.0%	3.8%	3.6%	344	-8.0K	-200	1.48	102.67	21	31	21	31
2018-06-12	$27.82	$0.00	42.3%	8.5%	12.9%	15.2%	0.0%	4.9%	-2.8%	349	-8.7K	-202	1.48	113.91	21	31	21	31
2018-06-13	$27.92	$0.00	36.3%	10.4%	12.9%	11.2%	0.0%	4.3%	4.0%	212	-10.4K	-207	1.48	128.19	21	31	21	31
2018-06-18	$27.22	$0.00	24.4%	7.0%	16.0%	3.4%	0.0%	2.7%	0.5%	2	-1.6K	-183	1.55	106.31	20	31	20	31
2018-06-19	$26.59	$0.00	43.4%	12.4%	18.1%	16.0%	0.0%	-1.2%	-3.6%	-6	681	-196	1.55	125.33	20	31	20	31
2018-06-21	$26.33	$0.00	25.7%	7.4%	18.2%	4.3%	26.8%	2.9%	1.4%	-135	4.3K	-176	1.48	118.11	21	31	20	31
2018-06-25	$26.26	$28.00	49.5%	14.2%	17.8%	19.9%	46.7%	7.0%	-18.6%	32	1.7K	-188	1.48	127.39	21	31	21	31
2018-06-26	$26.29	$28.00	29.3%	8.4%	17.7%	6.6%	30.2%	1.3%	1.0%	-92	5.9K	-178	1.48	112.91	21	31	21	31
2018-06-28	$25.96	$28.00	29.4%	8.4%	17.9%	6.7%	22.5%	5.5%	0.5%	-227	9.3K	-170	1.48	115.90	21	31	21	31
2018-06-29	$26.26	$28.00	48.3%	13.9%	18.6%	19.2%	42.3%	6.2%	-8.4%	36	1.3K	-181	1.48	128.82	21	31	21	31