FTAG Options History — November 2018

In November 2018, FTAG traded between $23.24 and $24.53. ATM implied volatility averaged 70.0%, placing in the 34.9% IV rank vs the trailing year. The 30-day expected move averaged 14.6%. IV traded above realized volatility by 45.2% (HV 20d: 24.8%). Max pain ranged from $17.00 to $22.00. Net GEX was positive for 13 of 13 trading days. Term structure was in contango for 3 of 13 days. Put/call ratio averaged 0.64.

Notable Days

2018-11-07: Highest Volume — 132 contracts
2018-11-07: Largest IV spike — 173.1% change
2018-11-07: Highest IV Rank — 100.0%
2018-11-07: Largest Expected Move — 22.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$23.97	$23.24	$24.53	$23.51	$23.87
Max Pain	$17.50	$17.00	$22.00	$22.00	$17.00
ATM IV	70.0%	36.8%	165.2%	77.6%	36.8%
Expected Move	14.6%	10.2%	22.6%	22.3%	10.6%
HV 20d	24.8%	19.9%	27.3%	19.9%	26.6%
HV 60d	21.1%	19.2%	22.1%	19.2%	22.0%
IV Rank	34.9%	12.0%	100.0%	40.7%	12.0%
IV Percentile	79.2%	40.1%	100.0%	96.4%	40.1%
Term Structure	-6.1%	-50.7%	40.0%	-50.7%	7.1%
VWIV	66.8%	28.1%	96.4%	95.1%	28.1%
Skew 25d	5.1%	-8.5%	19.8%	4.1%	-8.5%
Skew 10d	-1.0%	-43.7%	30.4%	-24.6%	-16.4%
Call IV 25d	51.2%	25.3%	98.9%	98.9%	34.9%
Put IV 25d	56.4%	26.3%	103.0%	103.0%	26.3%
Bid-Ask Spread %	139.79	127.71	152.85	152.85	127.81
Gamma HHI	0.23	0.16	0.31	0.20	0.30
Net GEX	2.6K	1.3K	3.9K	2.9K	2.1K
Net DEX	-39.8K	-77.4K	-8.7K	-72.2K	-8.7K
Net VEX	-330	-429	-222	-424	-222
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.64	0.51	0.73	0.51	0.73
Total Volume	106.154	71	132	122	71
Total OI	113.692	70	141	131	80

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
2018-11-02	$23.51	$22.00	77.6%	22.3%	19.9%	40.7%	95.1%	4.1%	-50.7%	2.9K	-72.2K	-424	0.51	152.85	81	41	90	41
2018-11-05	$24.40	$0.00	100.8%	18.5%	24.7%	56.9%	0.0%	1.8%	-18.8%	3.0K	-69.5K	-424	0.51	150.11	81	41	90	41
2018-11-06	$24.53	$0.00	60.5%	10.2%	24.8%	28.8%	0.0%	3.2%	-4.7%	3.9K	-56.0K	-372	0.51	135.37	81	41	90	41
2018-11-07	$24.53	$0.00	165.2%	22.6%	24.4%	100.0%	95.0%	19.8%	-12.3%	2.3K	-77.4K	-429	0.63	127.71	81	51	90	41
2018-11-12	$24.26	$17.00	81.6%	11.1%	24.6%	42.7%	0.0%	-5.7%	-5.7%	3.7K	-41.4K	-282	0.63	138.96	81	51	90	51
2018-11-13	$24.13	$17.00	109.3%	14.6%	24.6%	61.7%	93.1%	-1.9%	-20.3%	3.4K	-48.7K	-351	0.64	152.41	80	51	90	51
2018-11-14	$24.16	$17.00	51.1%	14.7%	24.2%	21.9%	96.4%	8.7%	-3.4%	3.0K	-40.8K	-325	0.63	146.69	81	51	90	51
2018-11-15	$23.93	$17.00	42.3%	12.1%	23.8%	15.8%	80.6%	18.5%	-2.4%	2.8K	-29.5K	-259	0.63	148.32	81	51	90	51
2018-11-19	$24.17	$17.00	40.6%	11.6%	24.0%	14.6%	38.2%	5.3%	40.0%	1.3K	-11.6K	-285	0.73	137.30	41	30	40	30
2018-11-20	$23.24	$17.00	55.2%	15.8%	27.3%	24.6%	58.8%	6.8%	-9.6%	1.3K	-20.0K	-311	0.73	130.04	41	30	50	30
2018-11-27	$23.44	$17.00	40.6%	11.6%	26.8%	14.6%	28.1%	2.2%	9.5%	2.2K	-21.8K	-312	0.73	130.24	41	30	50	30
2018-11-28	$23.50	$17.00	48.5%	13.9%	26.8%	20.1%	54.6%	12.4%	-7.7%	1.7K	-19.1K	-289	0.73	139.43	41	30	50	30
2018-11-29	$23.87	$17.00	36.8%	10.6%	26.6%	12.0%	28.1%	-8.5%	7.1%	2.1K	-8.7K	-222	0.73	127.81	41	30	50	30