FTAG Options History — January 2019

In January 2019, FTAG traded between $21.91 and $23.94. ATM implied volatility averaged 77.5%, placing in the 40.2% IV rank vs the trailing year. The 30-day expected move averaged 19.1%. IV traded above realized volatility by 53.9% (HV 20d: 23.6%). Max pain ranged from $18.00 to $26.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 3.36.

Notable Days

2019-01-22: Highest Volume — 229 contracts
2019-01-29: Largest IV spike — 349.5% change
2019-01-08: Highest IV Rank — 100.0%
2019-01-29: Largest Expected Move — 35.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$23.27	$21.91	$23.94	$22.18	$23.59
Max Pain	$23.47	$18.00	$26.00	$26.00	$18.00
ATM IV	77.5%	15.2%	165.5%	72.3%	131.3%
Expected Move	19.1%	4.3%	35.3%	20.7%	22.2%
HV 20d	23.6%	20.5%	29.8%	25.6%	23.9%
HV 60d	25.0%	22.8%	25.8%	23.3%	25.4%
IV Rank	40.2%	0.0%	100.0%	36.4%	77.2%
IV Percentile	73.6%	0.0%	100.0%	92.5%	97.6%
Term Structure	-22.7%	-51.2%	8.5%	-19.7%	-29.6%
VWIV	75.0%	39.5%	104.3%	90.5%	39.5%
Skew 25d	11.2%	-34.0%	67.5%	-34.0%	8.7%
Skew 10d	17.0%	1.2%	44.0%	8.4%	44.0%
Call IV 25d	79.6%	21.8%	166.7%	68.6%	106.0%
Put IV 25d	90.8%	24.8%	180.6%	34.7%	114.7%
Bid-Ask Spread %	140.64	69.69	158.06	130.54	158.06
Gamma HHI	0.24	0.12	0.35	0.28	0.12
Net GEX	1.9K	364	5.7K	662	4.2K
Net DEX	-68.5K	-217.3K	11.7K	1.9K	-213.2K
Net VEX	-352	-876	-125	-197	-876
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	3.36	0.04	6.00	6.00	0.06
Total Volume	38.048	0	229	0	0
Total OI	109.952	59	221	59	221

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
2019-01-02	$22.18	$0.00	72.3%	20.7%	25.6%	36.4%	0.0%	-34.0%	-19.7%	662	1.9K	-197	0.00	130.54	0	0	39	20
2019-01-03	$21.91	$26.00	58.2%	12.1%	23.7%	26.7%	0.0%	19.9%	-10.7%	364	11.7K	-137	0.00	126.72	0	0	39	20
2019-01-04	$22.91	$26.00	141.1%	23.4%	29.6%	83.5%	0.0%	9.0%	-29.1%	626	-10.8K	-234	0.00	151.29	0	0	39	20
2019-01-07	$23.01	$26.00	57.3%	11.1%	29.8%	26.1%	0.0%	12.6%	-7.1%	732	8.2K	-135	0.00	137.64	0	0	39	20
2019-01-08	$23.26	$26.00	165.5%	24.4%	24.2%	100.0%	0.0%	9.6%	-31.1%	732	-8.5K	-217	0.00	152.28	0	0	39	20
2019-01-09	$23.30	$26.00	86.1%	24.7%	24.2%	45.7%	0.0%	9.5%	-27.7%	803	-12.5K	-231	0.00	152.07	0	0	39	20
2019-01-10	$23.51	$26.00	84.9%	24.3%	22.1%	44.9%	0.0%	9.6%	-39.8%	809	-13.2K	-229	0.00	153.24	0	0	39	20
2019-01-11	$23.36	$26.00	88.3%	25.3%	22.3%	47.2%	0.0%	9.7%	-32.6%	776	-12.0K	-223	0.00	151.49	0	0	39	20
2019-01-14	$23.23	$26.00	36.1%	10.4%	22.0%	11.5%	0.0%	8.5%	-10.2%	800	8.5K	-125	6.00	140.44	1	6	39	20
2019-01-15	$23.23	$26.00	35.8%	10.3%	21.9%	11.3%	0.0%	5.6%	-3.3%	731	8.9K	-183	6.00	136.60	1	6	40	26
2019-01-16	$23.24	$26.00	95.7%	27.4%	21.3%	52.2%	0.0%	10.6%	-43.4%	615	-4.2K	-237	6.00	152.58	1	6	40	26
2019-01-17	$23.44	$26.00	35.3%	10.1%	20.5%	10.9%	0.0%	11.1%	-9.6%	860	8.3K	-182	6.00	138.81	1	6	40	26
2019-01-18	$23.94	$26.00	95.5%	27.4%	21.5%	52.1%	0.0%	10.6%	-51.2%	850	-17.2K	-269	6.00	153.16	1	6	41	26
2019-01-22	$23.27	$26.00	79.8%	22.9%	23.4%	41.4%	90.5%	67.5%	-31.3%	786	1.1K	-203	0.04	150.42	220	9	41	26
2019-01-23	$23.28	$18.00	109.2%	31.3%	23.0%	61.5%	104.3%	12.1%	-35.0%	3.1K	-184.8K	-749	0.05	153.64	172	9	159	35
2019-01-24	$23.30	$18.00	46.3%	13.3%	22.4%	18.5%	65.7%	12.0%	-13.3%	3.9K	-187.9K	-595	0.06	134.24	158	10	159	35
2019-01-25	$23.74	$18.00	15.2%	4.3%	22.9%	0.0%	39.5%	3.1%	8.5%	3.7K	-200.7K	-524	0.06	69.69	176	10	167	36
2019-01-28	$23.53	$18.00	27.4%	7.9%	23.4%	8.2%	0.0%	2.9%	0.0%	4.9K	-204.1K	-606	0.00	115.46	0	0	185	36
2019-01-29	$23.62	$18.00	123.3%	35.3%	23.3%	71.9%	0.0%	13.8%	-49.5%	3.3K	-201.8K	-654	0.00	155.54	0	0	166	26
2019-01-30	$23.90	$18.00	41.9%	12.0%	23.5%	17.8%	0.0%	23.0%	-11.3%	5.7K	-217.3K	-583	0.00	139.45	0	0	185	36
2019-01-31	$23.59	$0.00	131.3%	22.2%	23.9%	77.2%	0.0%	8.7%	-29.6%	4.2K	-213.2K	-876	0.00	158.06	0	0	185	36