FTAG Options History — August 2018

In August 2018, FTAG traded between $25.19 and $26.90. ATM implied volatility averaged 48.6%, placing in the 19.4% IV rank vs the trailing year. The 30-day expected move averaged 11.0%. IV traded above realized volatility by 31.2% (HV 20d: 17.4%). Max pain ranged from $27.00 to $27.00. Net GEX was positive for 14 of 16 trading days. Term structure was in contango for 2 of 16 days. Put/call ratio averaged 0.97.

Notable Days

2018-08-29: Highest Volume — 94 contracts
2018-08-08: Largest IV spike — 425.7% change
2018-08-08: Highest IV Rank — 94.7%
2018-08-08: Largest Expected Move — 23.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$26.26	$25.19	$26.90	$26.54	$26.84
Max Pain	$27.00	$27.00	$27.00	$27.00	$27.00
ATM IV	48.6%	26.7%	162.6%	36.8%	27.2%
Expected Move	11.0%	7.7%	23.2%	10.6%	7.8%
HV 20d	17.4%	14.0%	20.7%	14.3%	20.6%
HV 60d	16.0%	14.6%	17.4%	14.6%	17.2%
IV Rank	19.4%	4.9%	94.7%	11.6%	5.2%
IV Percentile	53.0%	15.9%	99.6%	44.0%	17.1%
Term Structure	-9.8%	-35.7%	8.3%	-15.1%	-6.8%
VWIV	41.8%	41.8%	41.8%	41.8%	41.8%
Skew 25d	4.6%	-10.6%	18.2%	12.6%	-9.2%
Skew 10d	8.8%	-8.5%	45.0%	2.6%	5.7%
Call IV 25d	44.7%	29.8%	95.7%	32.7%	48.9%
Put IV 25d	49.4%	33.3%	113.9%	45.3%	39.7%
Bid-Ask Spread %	127.88	104.56	147.15	130.94	130.09
Gamma HHI	0.32	0.17	0.59	0.24	0.38
Net GEX	1.4K	-596	6.3K	401	5.9K
Net DEX	-35.0K	-108.2K	4.8K	-23.0K	-108.2K
Net VEX	-159	-309	-59	-144	-309
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.97	0.29	1.32	1.32	0.29
Total Volume	72.375	42	94	72	94
Total OI	69.125	42	93	72	93

Daily Data (16 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
2018-08-02	$26.54	$27.00	36.8%	10.6%	14.3%	11.6%	41.8%	12.6%	-15.1%	401	-23.0K	-144	1.32	130.94	31	41	31	41
2018-08-06	$26.72	$0.00	46.4%	9.2%	14.0%	17.9%	0.0%	3.6%	-6.4%	685	-26.7K	-134	1.32	130.88	31	41	31	41
2018-08-07	$26.90	$0.00	30.9%	9.4%	14.1%	7.7%	0.0%	5.1%	0.3%	360	-24.5K	-129	1.32	104.56	31	41	31	41
2018-08-08	$26.90	$0.00	162.6%	23.2%	14.1%	94.7%	0.0%	18.2%	-35.7%	5	-20.0K	-221	1.32	147.15	31	41	31	41
2018-08-10	$26.36	$0.00	65.1%	11.5%	15.3%	30.3%	0.0%	4.6%	-13.9%	175	-19.5K	-136	1.32	127.85	31	41	31	41
2018-08-13	$25.74	$0.00	77.3%	9.2%	17.1%	38.3%	0.0%	6.3%	-0.8%	71	-10.7K	-131	1.32	130.77	31	41	31	41
2018-08-15	$25.19	$0.00	40.4%	11.6%	18.5%	14.0%	0.0%	6.6%	-8.0%	-596	3.0K	-134	1.32	121.43	31	41	31	41
2018-08-16	$25.36	$0.00	34.6%	9.9%	18.8%	10.2%	0.0%	3.9%	-0.4%	-576	4.8K	-116	1.32	107.46	31	41	31	41
2018-08-17	$25.68	$0.00	35.0%	10.0%	18.3%	10.4%	0.0%	9.4%	-8.5%	946	448	-95	1.32	130.58	31	41	31	41
2018-08-21	$26.10	$0.00	26.7%	7.7%	18.3%	4.9%	0.0%	0.3%	8.3%	653	-26.0K	-83	1.00	139.58	21	21	21	21
2018-08-22	$26.17	$0.00	40.9%	11.7%	18.2%	14.3%	0.0%	4.9%	-1.0%	610	-27.7K	-106	1.00	146.00	21	21	21	21
2018-08-23	$26.04	$0.00	35.9%	10.3%	18.1%	11.0%	0.0%	-10.6%	-22.7%	865	-26.4K	-59	0.40	124.28	52	21	21	21
2018-08-24	$26.02	$0.00	45.8%	13.1%	18.0%	17.5%	0.0%	8.5%	-18.5%	3.2K	-68.4K	-226	0.40	126.20	52	21	52	21
2018-08-27	$26.78	$0.00	31.9%	9.2%	20.7%	8.4%	0.0%	3.7%	-10.0%	3.7K	-79.0K	-229	0.29	118.21	72	21	52	21
2018-08-28	$26.85	$0.00	40.3%	11.5%	20.6%	13.9%	0.0%	6.4%	-17.4%	6.3K	-107.3K	-293	0.29	130.15	72	21	72	21
2018-08-29	$26.84	$0.00	27.2%	7.8%	20.6%	5.2%	0.0%	-9.2%	-6.8%	5.9K	-108.2K	-309	0.29	130.09	73	21	72	21