FTAG Options History — September 2020

In September 2020, FTAG traded between $21.33 and $22.59. ATM implied volatility averaged 31.8%, placing in the 6.5% IV rank vs the trailing year. The 30-day expected move averaged 8.3%. IV traded above realized volatility by 14.2% (HV 20d: 17.6%). Max pain ranged from $22.00 to $22.00. 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

  • 2020-09-21: Highest Volume — 2 contracts
  • 2020-09-03: Largest IV spike — 159.9% change
  • 2020-09-08: Highest IV Rank — 28.7%
  • 2020-09-08: Largest Expected Move — 12.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.99$21.33$22.59$22.09$21.66
Max Pain$22.00$22.00$22.00$22.00$22.00
ATM IV31.8%19.6%70.8%25.5%24.4%
Expected Move8.3%5.6%12.4%7.3%7.0%
HV 20d17.6%13.0%21.4%13.4%21.2%
HV 60d18.2%16.3%22.5%22.2%17.0%
IV Rank6.5%0.0%28.7%2.6%2.7%
IV Percentile16.2%0.0%58.3%7.1%4.4%
Term Structure0.7%-24.1%26.1%-0.1%1.5%
VWIV27.0%26.0%28.0%28.0%26.0%
Skew 25d5.7%-15.1%32.0%3.2%3.5%
Skew 10d17.8%-7.2%45.3%2.9%5.1%
Call IV 25d28.8%16.9%68.9%22.1%22.2%
Put IV 25d34.5%21.3%56.4%25.3%25.7%
Bid-Ask Spread %126.60117.58145.66129.60127.34
Gamma HHI0.580.330.720.710.46
Net GEX264-3514211481
Net DEX-2.2K-3.1K-965-2.2K-3.1K
Net VEX-15-47-10-15-13
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.1430200
Total OI24.52424262426

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2020-09-01$22.09$0.0025.5%7.3%13.4%2.6%0.0%3.2%-0.1%211-2.2K-150.00129.6000420
2020-09-02$22.39$0.0025.3%7.2%13.0%2.5%0.0%-5.1%-3.6%233-2.5K-160.00129.7000420
2020-09-03$21.91$0.0065.6%11.5%15.6%25.7%0.0%-15.1%24.6%-3-965-470.00138.7300420
2020-09-04$22.09$0.0042.8%10.1%15.7%12.6%0.0%-5.2%2.6%178-2.1K-140.00125.6000420
2020-09-08$21.83$0.0070.8%12.4%15.6%28.7%0.0%14.3%-14.2%95-2.1K-140.00120.6500420
2020-09-09$22.24$0.0022.0%6.3%16.2%0.6%0.0%6.9%6.8%226-2.0K-140.00119.6900420
2020-09-10$22.08$0.0035.7%10.2%16.3%8.5%0.0%21.9%-8.6%226-1.8K-120.00126.3800420
2020-09-11$22.19$0.0022.3%6.4%16.3%0.7%0.0%3.0%2.6%241-1.7K-120.00125.8400420
2020-09-14$22.36$0.0021.9%6.3%16.4%0.5%0.0%4.7%4.4%254-2.1K-130.00124.9800420
2020-09-15$22.43$0.0038.5%11.0%16.3%10.1%0.0%12.9%-5.7%262-2.3K-140.00120.8000420
2020-09-16$22.45$0.0033.4%9.6%16.2%7.1%0.0%1.8%-24.1%265-2.1K-130.00145.6600420
2020-09-17$22.59$0.0027.9%8.0%16.0%4.0%0.0%12.8%4.7%258-2.0K-130.00132.3500420
2020-09-18$22.51$0.0035.4%10.2%15.9%8.3%0.0%-9.1%-17.7%218-2.6K-140.00121.5300420
2020-09-21$21.67$0.0027.3%7.8%21.4%3.6%28.0%32.0%8.0%178-2.1K-130.00130.3120420
2020-09-22$21.77$22.0019.6%5.6%19.9%0.0%0.0%4.4%5.8%375-2.1K-120.00117.5800520
2020-09-23$21.42$22.0029.5%8.5%20.6%5.7%0.0%23.7%-5.8%283-1.8K-100.00118.1900520
2020-09-24$21.33$22.0023.5%6.7%20.5%2.2%26.0%-1.6%9.5%278-2.1K-120.00117.7210520
2020-09-25$21.35$22.0024.5%7.0%20.5%2.8%0.0%2.6%26.1%417-3.0K-150.00125.6900620
2020-09-28$21.70$22.0026.9%7.7%21.4%4.2%0.0%6.8%-1.1%352-2.7K-260.00136.6800620
2020-09-29$21.69$22.0024.1%6.9%21.3%2.6%0.0%1.4%-0.1%514-3.1K-120.00123.5200620
2020-09-30$21.66$22.0024.4%7.0%21.2%2.7%0.0%3.5%1.5%481-3.1K-130.00127.3400620