FTAG Options History — January 2020

In January 2020, FTAG traded between $21.78 and $23.91. ATM implied volatility averaged 81.1%, placing in the 35.8% IV rank vs the trailing year. The 30-day expected move averaged 16.9%. IV traded above realized volatility by 70.0% (HV 20d: 11.1%). Max pain ranged from $22.00 to $22.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 0.00.

Notable Days

2020-01-17: Highest Volume — 10 contracts
2020-01-03: Largest IV spike — 530.4% change
2020-01-09: Highest IV Rank — 90.0%
2020-01-03: Largest Expected Move — 39.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$23.15	$21.78	$23.91	$23.91	$21.78
Max Pain	$22.00	$22.00	$22.00	$22.00	$22.00
ATM IV	81.1%	21.6%	179.6%	21.6%	61.6%
Expected Move	16.9%	6.2%	39.0%	6.2%	17.7%
HV 20d	11.1%	9.3%	14.4%	9.3%	14.4%
HV 60d	11.3%	10.5%	12.4%	11.9%	12.1%
IV Rank	35.8%	3.5%	90.0%	3.5%	23.9%
IV Percentile	62.7%	2.0%	99.2%	2.0%	57.5%
Term Structure	-20.6%	-66.2%	19.8%	-1.5%	-16.9%
Skew 25d	3.6%	1.1%	8.5%	2.3%	2.8%
Skew 10d	15.6%	2.7%	44.4%	2.7%	6.8%
Call IV 25d	71.7%	18.5%	116.5%	18.5%	74.8%
Put IV 25d	75.4%	20.8%	120.7%	20.8%	77.6%
Bid-Ask Spread %	151.86	119.73	155.95	119.73	153.75
Gamma HHI	0.25	0.20	0.30	0.29	0.26
Net GEX	258	54	599	558	65
Net DEX	-14.0K	-29.2K	5.2K	-29.2K	5.2K
Net VEX	-242	-280	-219	-251	-221
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.00	0.00	0.00	0.00	0.00
Total Volume	0.524	0	10	0	0
Total OI	63.048	59	69	59	68

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	Spread %	Call Vol	Call OI	Put OI
2020-01-02	$23.91	$0.00	21.6%	6.2%	9.3%	3.5%	0.0%	2.3%	-1.5%	558	-29.2K	-251	119.73	0	36	23
2020-01-03	$23.56	$0.00	135.9%	39.0%	10.8%	66.1%	0.0%	8.0%	-66.2%	99	-16.6K	-244	155.95	0	36	23
2020-01-06	$23.48	$22.00	156.9%	22.0%	10.9%	77.6%	0.0%	4.3%	-53.4%	113	-15.2K	-240	155.69	0	36	23
2020-01-07	$23.48	$22.00	80.5%	12.8%	10.5%	35.8%	0.0%	3.2%	-26.1%	201	-16.0K	-236	154.47	0	36	23
2020-01-08	$23.67	$22.00	169.1%	22.0%	10.8%	84.2%	0.0%	8.3%	-30.6%	124	-18.5K	-236	155.82	0	36	23
2020-01-09	$23.59	$22.00	179.6%	22.2%	10.9%	90.0%	0.0%	8.5%	-31.6%	88	-17.1K	-232	155.90	0	36	23
2020-01-10	$23.41	$22.00	93.5%	12.8%	11.1%	42.8%	0.0%	1.8%	-26.8%	190	-14.9K	-230	154.91	0	36	23
2020-01-13	$23.53	$22.00	81.5%	23.4%	9.8%	36.3%	0.0%	4.3%	-34.9%	54	-15.9K	-226	155.53	0	36	23
2020-01-14	$23.52	$22.00	136.3%	8.6%	9.8%	66.3%	0.0%	2.3%	-10.7%	270	-17.6K	-227	154.06	0	36	23
2020-01-15	$23.48	$22.00	45.7%	13.1%	9.5%	16.7%	0.0%	1.7%	-27.3%	185	-16.3K	-223	154.55	0	36	23
2020-01-16	$23.58	$22.00	84.8%	24.3%	9.5%	38.1%	0.0%	4.2%	-37.8%	108	-17.0K	-223	155.87	0	36	23
2020-01-17	$23.55	$22.00	30.1%	8.6%	9.5%	8.2%	0.0%	1.5%	-27.7%	275	-18.3K	-219	141.24	10	36	23
2020-01-21	$23.38	$22.00	48.7%	14.0%	9.9%	18.3%	0.0%	1.1%	15.9%	599	-22.3K	-280	154.00	0	46	23
2020-01-22	$23.10	$22.00	47.5%	13.6%	10.5%	17.7%	0.0%	1.4%	19.8%	496	-16.4K	-274	151.52	0	46	23
2020-01-23	$23.09	$22.00	48.4%	13.9%	10.0%	18.2%	0.0%	2.8%	-9.2%	430	-15.3K	-269	151.62	1	46	23
2020-01-24	$22.79	$22.00	49.5%	14.2%	10.8%	18.8%	0.0%	1.4%	-10.7%	300	-10.4K	-262	153.51	0	46	23
2020-01-27	$22.20	$22.00	56.5%	16.2%	13.6%	22.6%	0.0%	2.6%	-14.3%	283	-3.8K	-248	152.10	0	45	23
2020-01-28	$22.38	$22.00	56.8%	16.3%	14.2%	21.2%	0.0%	2.7%	-11.8%	366	-6.4K	-252	152.39	0	45	23
2020-01-29	$22.41	$22.00	59.1%	16.9%	14.1%	22.5%	0.0%	5.7%	-15.4%	339	-7.8K	-256	153.64	0	45	23
2020-01-30	$22.20	$22.00	59.6%	17.1%	13.8%	22.8%	0.0%	5.4%	-16.1%	273	-3.5K	-241	152.90	0	45	23
2020-01-31	$21.78	$22.00	61.6%	17.7%	14.4%	23.9%	0.0%	2.8%	-16.9%	65	5.2K	-221	153.75	0	45	23