FTAG Options History — March 2021

In March 2021, FTAG traded between $28.93 and $30.65. ATM implied volatility averaged 23.9%, placing in the 3.4% IV rank vs the trailing year. The 30-day expected move averaged 6.6%. IV traded above realized volatility by 4.5% (HV 20d: 19.4%). Max pain ranged from $28.00 to $30.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 9 of 23 days. Put/call ratio averaged 0.00.

Notable Days

  • 2021-03-12: Highest Volume — 3 contracts
  • 2021-03-29: Largest IV spike — 84.0% change
  • 2021-03-09: Highest IV Rank — 7.7%
  • 2021-03-03: Largest Expected Move — 8.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$30.10$28.93$30.65$29.78$30.28
Max Pain$29.63$28.00$30.00$28.00$30.00
ATM IV23.9%14.2%32.3%26.9%25.7%
Expected Move6.6%4.1%8.1%7.7%7.4%
HV 20d19.4%16.2%21.2%19.3%16.2%
HV 60d19.4%18.5%20.0%18.5%20.0%
IV Rank3.4%0.0%7.7%4.6%6.4%
IV Percentile12.2%0.0%36.5%18.3%19.8%
Term Structure-1.3%-7.7%7.7%-5.2%-4.8%
VWIV16.8%15.8%17.8%17.8%15.8%
Skew 25d2.1%-7.9%12.8%3.7%6.3%
Skew 10d3.8%-6.2%17.0%3.0%2.1%
Call IV 25d24.0%12.9%30.0%28.3%23.4%
Put IV 25d26.1%16.0%32.9%32.0%29.6%
Bid-Ask Spread %123.99119.71127.22126.88125.01
Gamma HHI0.530.420.680.620.42
Net GEX2.3K1.8K2.8K1.9K2.6K
Net DEX-25.5K-35.8K-17.9K-25.7K-22.4K
Net VEX-190-255-122-212-144
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.2610301
Total OI46.43545484548

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-03-01$29.78$28.0026.9%7.7%19.3%4.6%0.0%3.7%-5.2%1.9K-25.7K-2120.00126.8800450
2021-03-02$29.76$28.0027.2%7.8%19.0%4.8%0.0%1.2%-5.9%2.0K-26.1K-2140.00125.7300450
2021-03-03$29.52$28.0028.4%8.1%18.7%5.5%0.0%3.0%-6.1%1.9K-25.3K-2110.00126.1700450
2021-03-04$28.93$0.0030.4%6.9%20.2%6.7%0.0%2.7%1.6%1.8K-22.8K-1970.00122.2600450
2021-03-05$29.33$0.0027.9%5.8%20.6%5.2%0.0%-1.4%0.4%1.9K-22.7K-1960.00120.8000450
2021-03-08$29.77$0.0024.7%7.2%20.9%3.4%0.0%12.8%-5.6%1.9K-19.5K-1570.00119.7100450
2021-03-09$29.90$0.0032.3%6.4%20.5%7.7%0.0%3.5%0.2%2.0K-24.7K-2050.00125.6100450
2021-03-10$30.41$0.0018.6%5.3%21.2%0.0%0.0%3.4%-0.1%2.3K-31.1K-2440.00121.8300450
2021-03-11$30.52$0.0018.6%5.3%21.0%0.0%0.0%5.7%5.8%2.2K-33.0K-2550.00123.5700450
2021-03-12$30.65$0.0020.6%5.9%21.0%1.2%17.8%-0.8%-2.3%2.3K-32.0K-2370.00123.0530450
2021-03-15$30.64$30.0019.7%5.7%21.0%0.7%0.0%3.2%0.1%2.8K-35.8K-2370.00122.2800480
2021-03-16$30.45$30.0023.4%6.7%21.0%2.7%0.0%2.7%-2.8%2.6K-27.5K-1920.00124.9800480
2021-03-17$30.63$30.0022.2%6.4%20.6%2.1%0.0%3.8%2.9%2.7K-27.9K-1810.00124.4300480
2021-03-18$30.52$30.0022.5%6.5%19.8%2.2%0.0%1.4%-1.7%2.7K-28.6K-1960.00123.4600480
2021-03-19$30.60$30.0018.5%5.3%17.8%0.0%0.0%-4.7%7.7%2.8K-32.8K-2090.00122.5700480
2021-03-22$30.34$30.0024.5%7.0%18.2%3.5%0.0%2.0%-2.2%2.5K-25.7K-1830.00127.2210470
2021-03-23$29.65$30.0023.2%6.6%20.1%2.7%0.0%1.3%-3.6%2.2K-18.2K-1390.00122.2300470
2021-03-24$29.74$30.0023.3%6.7%19.5%2.7%0.0%1.3%-3.5%2.3K-21.0K-1620.00124.9700470
2021-03-25$30.01$30.0023.9%6.8%18.1%3.1%0.0%2.2%3.0%2.2K-19.0K-1380.00121.7500470
2021-03-26$30.23$30.0014.2%4.1%18.0%0.0%0.0%-7.9%2.8%2.7K-20.7K-1540.00126.0100470
2021-03-29$30.22$30.0026.2%7.5%16.5%6.6%0.0%0.9%-7.7%2.3K-17.9K-1220.00125.1210470
2021-03-30$30.34$30.0026.8%7.7%16.5%7.0%0.0%1.9%-3.3%2.8K-27.2K-1790.00126.1500480
2021-03-31$30.28$30.0025.7%7.4%16.2%6.4%15.8%6.3%-4.8%2.6K-22.4K-1440.00125.0110480