FTAG Options History — October 2018

In October 2018, FTAG traded between $23.19 and $26.32. ATM implied volatility averaged 37.5%, placing in the 12.7% IV rank vs the trailing year. The 30-day expected move averaged 10.5%. IV traded above realized volatility by 20.4% (HV 20d: 17.1%). Max pain ranged from $22.00 to $26.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 0.38.

Notable Days

2018-10-15: Highest Volume — 134 contracts
2018-10-09: Largest IV spike — 112.9% change
2018-10-11: Highest IV Rank — 31.2%
2018-10-11: Largest Expected Move — 18.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$24.81	$23.19	$26.32	$26.26	$23.51
Max Pain	$22.57	$22.00	$26.00	$26.00	$22.00
ATM IV	37.5%	19.6%	64.0%	22.1%	25.5%
Expected Move	10.5%	6.0%	18.3%	6.3%	7.3%
HV 20d	17.1%	14.5%	19.8%	19.4%	19.8%
HV 60d	18.5%	17.6%	19.7%	18.6%	19.3%
IV Rank	12.7%	0.2%	31.2%	1.9%	4.3%
IV Percentile	46.0%	1.2%	93.7%	3.2%	13.1%
Term Structure	-9.1%	-33.6%	6.9%	-0.6%	-2.3%
VWIV	28.3%	16.2%	71.3%	22.6%	31.2%
Skew 25d	16.8%	-1.8%	40.0%	0.6%	1.7%
Skew 10d	11.7%	-14.5%	75.5%	11.4%	1.6%
Call IV 25d	23.6%	13.7%	54.9%	21.1%	26.0%
Put IV 25d	40.4%	21.7%	69.0%	21.7%	27.7%
Bid-Ask Spread %	129.46	109.33	146.70	128.35	133.13
Gamma HHI	0.35	0.18	0.54	0.54	0.26
Net GEX	5.7K	2.4K	9.4K	9.0K	2.4K
Net DEX	-68.4K	-105.6K	-16.2K	-100.1K	-16.2K
Net VEX	-354	-474	-231	-261	-231
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.38	0.23	0.51	0.29	0.51
Total Volume	119.619	94	134	94	122
Total OI	126.714	103	143	103	131

Daily Data (21 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
2018-10-01	$26.26	$26.00	22.1%	6.3%	19.4%	1.9%	22.6%	0.6%	-0.6%	9.0K	-100.1K	-261	0.29	128.35	73	21	82	21
2018-10-02	$26.16	$26.00	22.6%	6.5%	19.4%	2.2%	23.0%	7.9%	-1.3%	8.3K	-102.1K	-264	0.29	131.80	73	21	82	21
2018-10-03	$26.32	$26.00	22.8%	6.5%	16.4%	2.3%	22.9%	2.4%	-1.7%	8.4K	-105.6K	-262	0.25	113.69	83	21	82	21
2018-10-04	$26.02	$22.00	21.9%	6.0%	16.8%	1.7%	21.2%	13.3%	-1.6%	8.7K	-98.0K	-293	0.25	109.33	83	21	92	21
2018-10-05	$25.65	$22.00	33.6%	7.7%	17.4%	9.5%	24.9%	9.9%	-7.6%	7.1K	-94.9K	-311	0.23	132.68	93	21	92	21
2018-10-08	$25.57	$22.00	19.6%	6.1%	14.5%	0.2%	22.0%	13.7%	-0.5%	9.4K	-101.2K	-374	0.23	126.60	93	21	102	21
2018-10-09	$25.39	$22.00	41.8%	9.0%	14.5%	15.7%	22.0%	4.3%	6.9%	8.4K	-92.5K	-367	0.23	123.24	93	21	102	21
2018-10-10	$25.03	$22.00	39.6%	11.4%	15.0%	14.2%	27.6%	19.4%	-13.9%	6.4K	-90.7K	-381	0.33	123.22	93	31	102	21
2018-10-11	$24.63	$22.00	64.0%	18.3%	15.5%	31.2%	36.0%	40.0%	-20.4%	4.7K	-77.1K	-444	0.33	144.89	93	31	102	31
2018-10-12	$24.76	$22.00	53.7%	15.4%	15.8%	24.0%	23.0%	-1.8%	-33.6%	4.5K	-73.2K	-474	0.33	142.49	93	31	102	31
2018-10-15	$24.93	$22.00	34.4%	9.9%	15.7%	10.5%	18.8%	32.8%	-9.3%	5.8K	-72.8K	-424	0.44	119.51	93	41	102	31
2018-10-16	$25.31	$22.00	26.6%	7.6%	16.9%	5.1%	16.2%	13.3%	-1.1%	7.2K	-66.0K	-405	0.44	120.47	93	41	102	41
2018-10-17	$25.02	$22.00	41.5%	11.9%	16.8%	15.5%	25.0%	25.8%	-12.3%	5.8K	-73.3K	-436	0.44	133.00	93	41	102	41
2018-10-18	$24.48	$22.00	48.0%	13.7%	17.8%	20.0%	27.0%	29.0%	-32.8%	5.1K	-59.5K	-412	0.44	124.80	93	41	102	41
2018-10-19	$24.61	$22.00	44.3%	12.7%	15.4%	17.4%	27.4%	28.2%	-16.7%	4.1K	-60.4K	-425	0.44	135.64	93	41	102	41
2018-10-22	$24.33	$22.00	43.9%	12.6%	15.6%	17.2%	26.0%	27.7%	-0.5%	3.7K	-49.4K	-376	0.51	134.73	81	41	90	41
2018-10-23	$23.47	$22.00	45.1%	12.9%	18.9%	18.0%	32.7%	22.3%	-12.3%	3.2K	-29.8K	-322	0.51	130.69	81	41	90	41
2018-10-24	$23.24	$22.00	35.3%	10.1%	18.8%	11.2%	30.9%	25.7%	-4.2%	2.5K	-22.1K	-289	0.51	127.42	81	41	90	41
2018-10-25	$23.19	$22.00	52.9%	15.2%	18.9%	23.4%	43.0%	21.9%	-13.4%	3.1K	-27.6K	-337	0.51	136.36	81	41	90	41
2018-10-26	$23.19	$22.00	48.5%	13.9%	19.0%	20.4%	71.3%	14.1%	-11.1%	2.5K	-24.8K	-349	0.51	146.70	81	41	90	41
2018-10-31	$23.51	$22.00	25.5%	7.3%	19.8%	4.3%	31.2%	1.7%	-2.3%	2.4K	-16.2K	-231	0.51	133.13	81	41	90	41