FTAG Options History — September 2019

In September 2019, FTAG traded between $22.01 and $23.78. ATM implied volatility averaged 57.7%, placing in the 23.3% IV rank vs the trailing year. The 30-day expected move averaged 15.9%. IV traded above realized volatility by 39.3% (HV 20d: 18.5%). Max pain ranged from $25.00 to $25.00. Net GEX was positive for 8 of 20 trading days. Term structure was in contango for 6 of 20 days.

Notable Days

  • 2019-09-24: Largest IV spike — 354.2% change
  • 2019-09-10: Highest IV Rank — 82.2%
  • 2019-09-26: Largest Expected Move — 32.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$23.03$22.01$23.78$22.01$22.84
Max Pain$25.00$25.00$25.00$25.00$25.00
ATM IV57.7%22.2%165.5%37.2%35.7%
Expected Move15.9%6.4%32.4%10.7%10.2%
HV 20d18.5%13.7%24.8%24.2%14.5%
HV 60d19.2%18.9%19.4%18.9%19.2%
IV Rank23.3%3.9%82.2%12.1%11.2%
IV Percentile50.1%5.2%98.4%50.0%46.4%
Term Structure-13.3%-56.6%3.7%-9.7%-4.0%
Skew 25d7.5%1.4%28.3%3.2%2.8%
Skew 10d18.9%-2.5%70.6%-2.5%4.6%
Call IV 25d65.7%17.9%154.5%25.8%42.4%
Put IV 25d73.2%23.8%167.3%29.0%45.2%
Bid-Ask Spread %138.41113.22160.80121.53137.97
Gamma HHI0.450.350.520.410.50
Net GEX-23-13473-3711
Net DEX1.8K1453.9K3.9K387
Net VEX-24-27-23-25-23
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI5.75665

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-09-03$22.01$25.0037.2%10.7%24.2%12.1%0.0%3.2%-9.7%-373.9K-250.00121.530024
2019-09-04$22.30$25.0029.5%8.5%24.5%7.8%0.0%4.1%-1.4%-133.7K-250.00116.350024
2019-09-05$22.62$0.0041.2%23.2%24.8%14.2%0.0%4.3%-56.6%-582.6K-270.00155.380024
2019-09-06$22.71$0.0025.7%7.4%23.4%5.8%0.0%10.2%0.2%-343.1K-260.00115.600024
2019-09-09$22.91$0.0073.3%19.1%23.6%31.8%0.0%28.3%-29.3%-462.3K-260.00154.470024
2019-09-10$23.28$0.00165.5%24.4%21.6%82.2%0.0%9.2%-10.0%-21.6K-260.00155.030024
2019-09-11$23.48$0.0024.5%7.0%21.7%5.1%0.0%10.7%3.7%-1011.9K-250.00119.170024
2019-09-12$23.53$0.0084.9%24.3%17.6%38.1%0.0%4.3%-45.4%-1341.8K-260.00157.230024
2019-09-13$23.78$0.0022.2%6.4%17.4%3.9%0.0%5.9%1.8%-1191.4K-230.00116.510024
2019-09-16$23.65$0.0061.1%17.5%16.9%25.1%0.0%5.5%-18.8%731.8K-240.00149.180024
2019-09-17$23.44$0.0093.6%26.8%16.9%42.9%0.0%6.8%-13.9%122.6K-240.00155.210024
2019-09-18$23.40$0.0023.9%6.9%16.6%4.8%0.0%1.4%0.8%-511.5K-240.00136.130024
2019-09-19$23.35$0.0097.0%27.8%16.4%44.8%0.0%11.3%-16.5%52.7K-240.00160.800024
2019-09-20$23.25$0.0030.3%8.7%16.5%8.3%0.0%2.9%-1.3%-112.1K-240.00138.190024
2019-09-23$23.17$0.0024.6%7.1%13.7%5.2%0.0%5.0%0.1%18145-230.00117.620023
2019-09-24$22.90$0.00111.7%32.0%14.6%52.8%0.0%11.8%-28.3%16331-240.00155.070023
2019-09-25$22.72$0.0025.0%7.2%15.0%5.4%0.0%5.9%0.3%-3514-230.00113.220023
2019-09-26$22.64$0.00113.2%32.4%15.2%53.6%0.0%12.7%-33.9%7505-230.00155.790023
2019-09-27$22.62$0.0034.2%9.8%14.1%10.4%0.0%4.5%-4.4%6700-230.00137.840023
2019-09-30$22.84$0.0035.7%10.2%14.5%11.2%0.0%2.8%-4.0%11387-230.00137.970023