FTAG Options History — August 2020

In August 2020, FTAG traded between $20.41 and $22.16. ATM implied volatility averaged 32.1%, placing in the 6.3% IV rank vs the trailing year. The 30-day expected move averaged 8.6%. IV traded above realized volatility by 16.7% (HV 20d: 15.5%). Max pain ranged from $27.00 to $27.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2020-08-11: Highest Volume — 1 contracts
  • 2020-08-06: Largest IV spike — 88.6% change
  • 2020-08-07: Highest IV Rank — 21.9%
  • 2020-08-11: Largest Expected Move — 13.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.52$20.41$22.16$20.41$21.97
Max Pain$27.00$27.00$27.00$27.00$27.00
ATM IV32.1%23.9%59.7%33.0%39.6%
Expected Move8.6%6.9%13.5%9.5%11.4%
HV 20d15.5%13.4%17.1%17.1%13.4%
HV 60d26.0%22.4%28.8%28.8%22.4%
IV Rank6.3%1.7%21.9%6.8%10.7%
IV Percentile15.3%2.4%50.0%15.1%29.8%
Term Structure-0.5%-14.8%12.0%-7.4%-14.8%
Skew 25d1.3%-39.9%8.4%4.9%-39.9%
Skew 10d-0.4%-38.5%16.7%4.0%-25.8%
Call IV 25d29.2%19.1%64.1%27.6%64.1%
Put IV 25d30.5%23.3%56.4%32.5%24.2%
Bid-Ask Spread %127.78120.81148.40124.09134.21
Gamma HHI0.530.320.920.440.71
Net GEX116-11220-11204
Net DEX-800-4.2K4.9K-2.5K-2.3K
Net VEX-44-89-10-17-15
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.0950100
Total OI31.52424353424

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2020-08-03$20.41$27.0033.0%9.5%17.1%6.8%0.0%4.9%-7.4%-11-2.5K-170.00124.09001420
2020-08-04$20.56$27.0028.5%8.2%15.3%4.3%0.0%-16.4%0.4%74.9K-810.00122.38001420
2020-08-05$20.91$27.0031.4%9.0%15.8%5.8%0.0%4.3%-2.9%18-2.9K-170.00124.18001420
2020-08-06$20.84$0.0059.1%12.4%15.1%21.5%0.0%6.6%-3.8%952.5K-860.00148.40001420
2020-08-07$20.82$0.0059.7%12.4%15.1%21.9%0.0%4.4%-5.5%1092.1K-870.00147.68001420
2020-08-10$21.18$0.0031.5%8.0%15.6%6.0%0.0%8.2%0.7%128-3.4K-100.00120.81001420
2020-08-11$21.45$0.0053.1%13.5%15.2%18.1%0.0%3.4%-0.1%64-1.1K-540.00130.32101420
2020-08-12$21.66$0.0023.9%6.9%15.2%1.7%0.0%6.2%8.1%581.7K-890.00121.88001520
2020-08-13$21.61$0.0031.4%9.0%15.3%6.0%0.0%1.8%-2.2%701.9K-890.00124.57001520
2020-08-14$21.59$0.0025.5%7.3%15.2%2.6%0.0%3.6%1.1%573.8K-850.00124.27001520
2020-08-17$21.76$0.0026.4%7.6%15.3%3.1%0.0%6.2%0.6%63-381-680.00125.00001520
2020-08-18$21.83$0.0025.8%7.4%15.3%2.8%0.0%8.4%1.0%202-4.2K-170.00120.85101520
2020-08-19$21.68$0.0024.6%7.1%15.7%2.1%0.0%3.2%1.3%581.8K-870.00127.08001520
2020-08-20$21.56$0.0024.8%7.1%15.9%2.2%0.0%4.0%12.0%73-3.7K-240.00122.93001520
2020-08-21$21.58$0.0025.0%7.2%15.8%2.3%0.0%5.1%-1.0%193-3.9K-150.00125.30001520
2020-08-24$22.06$0.0027.6%7.9%17.1%3.8%0.0%3.3%-0.9%207-2.3K-160.00127.8500420
2020-08-25$22.03$0.0027.5%7.9%16.8%3.7%0.0%2.1%-1.4%208-2.3K-160.00128.3200420
2020-08-26$22.16$0.0024.7%7.1%16.6%2.1%0.0%2.2%1.5%203-2.2K-150.00128.4600420
2020-08-27$22.10$0.0025.7%7.4%15.1%2.7%0.0%3.1%1.2%220-2.3K-150.00126.1000420
2020-08-28$22.11$0.0026.3%7.5%13.5%3.0%0.0%2.5%0.6%209-2.3K-150.00128.7400420
2020-08-31$21.97$0.0039.6%11.4%13.4%10.7%0.0%-39.9%-14.8%204-2.3K-150.00134.2100420