FTAG Options History — March 2019

In March 2019, FTAG traded between $22.91 and $24.11. ATM implied volatility averaged 36.7%, placing in the 14.3% IV rank vs the trailing year. The 30-day expected move averaged 9.0%. IV traded above realized volatility by 24.1% (HV 20d: 12.6%). Max pain ranged from $26.00 to $26.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 3 of 21 days.

Notable Days

  • 2019-03-01: Highest Volume — 2 contracts
  • 2019-03-14: Largest IV spike — 227.6% change
  • 2019-03-28: Highest IV Rank — 66.5%
  • 2019-03-28: Largest Expected Move — 21.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$23.62$22.91$24.11$23.99$23.12
Max Pain$26.00$26.00$26.00$26.00$26.00
ATM IV36.7%20.2%115.1%25.8%38.9%
Expected Move9.0%5.1%21.4%7.4%8.6%
HV 20d12.6%10.6%15.4%12.2%15.2%
HV 60d18.4%16.9%21.5%21.5%17.8%
IV Rank14.3%3.3%66.5%7.1%15.8%
IV Percentile28.7%0.8%95.6%11.9%43.3%
Term Structure-4.8%-40.8%7.5%-0.5%-9.9%
Skew 25d5.0%-4.0%12.8%3.4%4.6%
Skew 10d6.6%-16.4%48.6%2.0%9.8%
Call IV 25d37.8%16.4%155.3%20.8%45.4%
Put IV 25d42.8%21.2%168.1%24.2%50.0%
Bid-Ask Spread %129.4999.74152.20110.95141.48
Gamma HHI0.160.140.180.160.15
Net GEX2.9K2.0K3.3K3.0K2.6K
Net DEX-94.0K-118.6K-68.3K-100.4K-81.4K
Net VEX-469-678-362-538-454
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume0.0950220
Total OI153.048153154154153

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-03-01$23.99$0.0025.8%7.4%12.2%7.1%0.0%3.4%-0.5%3.0K-100.4K-5380.00110.950211737
2019-03-04$24.11$0.0026.7%7.7%12.3%7.7%0.0%7.4%-0.6%3.2K-104.3K-5230.00137.440011736
2019-03-05$24.11$0.0026.7%7.6%12.3%7.7%0.0%9.4%-0.5%3.3K-109.5K-5290.00130.570011736
2019-03-06$23.94$0.0028.6%8.2%12.2%9.0%0.0%4.0%-0.4%3.1K-103.5K-5010.00120.420011736
2019-03-07$23.58$0.0055.8%16.0%13.2%27.0%0.0%2.5%-4.1%3.2K-99.4K-4740.00141.870011736
2019-03-08$23.51$0.0026.6%7.6%11.8%7.6%0.0%10.7%0.9%3.0K-89.1K-4780.00137.700011736
2019-03-11$23.77$26.0032.2%7.0%11.6%11.3%0.0%5.3%0.8%3.1K-96.8K-4660.00104.000011736
2019-03-12$23.80$26.0026.9%7.1%11.6%7.8%0.0%4.6%-0.5%3.2K-99.7K-3620.00137.690011736
2019-03-13$23.99$26.0026.2%7.2%10.6%7.3%0.0%4.0%-0.9%3.0K-96.0K-4600.00115.680011736
2019-03-14$23.76$26.0085.7%18.2%11.3%46.9%0.0%9.4%-23.0%2.2K-118.6K-6780.00152.200011736
2019-03-15$23.94$26.0025.2%7.1%11.3%6.7%0.0%-1.1%-0.4%3.1K-99.2K-4680.00101.080011736
2019-03-18$24.02$26.0032.3%7.8%11.1%11.4%0.0%4.1%-5.0%3.0K-106.9K-3730.00142.620011736
2019-03-19$24.04$26.0025.0%7.1%10.9%6.5%0.0%3.3%-0.7%3.2K-101.6K-4530.00111.420011736
2019-03-20$23.82$26.0032.5%7.6%10.7%11.6%0.0%2.3%-6.3%3.0K-108.1K-4840.00142.200011736
2019-03-21$23.76$26.0024.4%6.8%10.7%6.1%0.0%7.4%-1.0%3.0K-91.3K-4360.0099.740011736
2019-03-22$23.02$26.0026.7%6.7%15.4%7.7%0.0%-4.0%-5.2%2.5K-70.4K-4030.00128.190011736
2019-03-25$22.94$26.0020.2%5.1%15.1%3.3%0.0%5.3%-0.9%2.4K-74.9K-4090.00140.640011736
2019-03-26$22.91$26.0030.4%8.6%15.0%10.2%0.0%4.8%7.5%2.5K-77.1K-4480.00140.530011736
2019-03-27$22.91$26.0039.0%8.5%15.0%15.9%0.0%5.1%-8.7%2.9K-68.3K-4210.00140.690011736
2019-03-28$22.97$26.00115.1%21.4%15.1%66.5%0.0%12.8%-40.8%2.0K-78.3K-5000.00142.260011736
2019-03-29$23.12$26.0038.9%8.6%15.2%15.8%0.0%4.6%-9.9%2.6K-81.4K-4540.00141.480011736