FTAG Options History — March 2023

In March 2023, FTAG traded between $27.61 and $30.30. ATM implied volatility averaged 27.4%, placing in the 21.8% IV rank vs the trailing year. The 30-day expected move averaged 6.4%. IV traded above realized volatility by 9.5% (HV 20d: 17.9%). Max pain ranged from $26.00 to $32.00. Net GEX was positive for 22 of 23 trading days. Term structure was in contango for 7 of 23 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-03-29: Highest Volume — 2 contracts
  • 2023-03-13: Largest IV spike — 69.3% change
  • 2023-03-14: Highest IV Rank — 81.2%
  • 2023-03-24: Largest Expected Move — 7.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$28.77$27.61$30.30$29.78$29.07
Max Pain$28.40$26.00$32.00$26.00$32.00
ATM IV27.4%16.0%57.0%25.0%23.4%
Expected Move6.4%4.0%7.9%7.2%6.7%
HV 20d17.9%10.7%22.4%12.7%22.2%
HV 60d15.4%13.1%16.9%13.6%16.9%
IV Rank21.8%0.0%81.2%16.8%14.6%
IV Percentile34.1%0.0%98.8%27.8%21.0%
Term Structure-1.9%-10.3%5.3%-7.1%-3.9%
VWIV26.2%26.2%26.2%26.2%26.2%
Skew 25d0.9%-7.1%4.1%1.3%1.3%
Skew 10d2.4%-0.0%6.5%1.0%1.7%
Call IV 25d24.3%12.8%29.1%28.4%26.4%
Put IV 25d25.2%16.9%31.2%29.7%27.6%
Bid-Ask Spread %124.08112.11130.95127.00127.54
Gamma HHI0.910.521.000.870.52
Net GEX416-3978156316
Net DEX-26.4K-29.7K-21.4K-28.9K-28.9K
Net VEX-15-320-7-7
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.0870200
Total OI10.73910121112

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-03-01$29.78$26.0025.0%7.2%12.7%16.8%0.0%1.3%-7.1%156-28.9K-70.00127.0000101
2023-03-02$30.05$26.0022.6%6.5%12.6%12.1%0.0%3.3%-3.5%115-29.5K-50.00124.4000101
2023-03-03$30.30$26.0026.4%7.6%10.9%19.6%0.0%2.5%-6.7%115-29.7K-60.00130.9500101
2023-03-06$30.20$0.0028.1%5.5%10.7%23.1%0.0%-2.6%-1.2%110-29.6K-40.00128.2800101
2023-03-07$29.73$0.0022.7%4.0%12.0%12.2%0.0%4.1%0.7%-3-29.7K00.00122.4300101
2023-03-08$29.92$0.0030.0%5.6%12.3%26.9%0.0%2.6%-0.8%259-28.5K-120.00124.3800101
2023-03-09$29.41$0.0033.7%5.7%13.6%34.4%0.0%0.7%-0.5%223-28.2K-100.00123.8300101
2023-03-10$28.74$0.0032.8%5.8%15.6%32.6%0.0%0.3%0.2%351-26.5K-180.00124.5600101
2023-03-13$28.44$0.0055.6%7.3%15.6%78.3%0.0%1.7%-0.5%598-24.2K-260.00125.8900101
2023-03-14$28.62$0.0057.0%7.0%15.9%81.2%0.0%2.2%-2.7%369-26.0K-180.00130.2400101
2023-03-15$27.63$0.0022.6%6.5%19.6%12.1%0.0%2.5%-0.4%608-21.4K-320.00123.8400101
2023-03-16$27.91$0.0022.9%6.6%20.3%12.7%0.0%3.4%0.6%773-23.0K-260.00123.6900101
2023-03-17$27.61$0.0023.3%6.7%20.3%13.4%0.0%2.5%-0.2%740-21.6K-310.00127.1400101
2023-03-20$27.98$0.0023.9%6.9%21.2%14.7%0.0%-4.9%5.3%846-23.3K-250.00117.8300100
2023-03-21$28.43$0.0025.8%7.4%22.3%18.4%0.0%1.5%-10.3%453-25.8K-190.00125.2800100
2023-03-22$28.30$0.0022.9%6.6%22.3%12.7%0.0%1.2%-3.2%433-26.2K-140.00126.4200100
2023-03-23$28.00$0.0022.7%6.5%22.0%12.2%0.0%0.4%4.2%978-25.0K-170.00121.8100100
2023-03-24$27.82$0.0027.5%7.9%21.0%21.8%0.0%3.0%0.0%746-22.5K-280.00120.7500100
2023-03-27$28.09$0.0023.9%6.8%21.4%14.6%0.0%-7.1%-4.7%389-26.6K-120.00122.2400100
2023-03-28$28.23$0.0024.7%7.1%21.6%16.2%0.0%2.0%-4.5%465-25.6K-170.00125.9600100
2023-03-29$28.68$0.0016.7%4.8%22.4%0.2%26.2%-3.0%-4.5%226-28.6K-10.00112.1120100
2023-03-30$28.88$32.0016.0%4.6%22.3%0.0%0.0%1.4%0.4%305-28.4K-50.00117.1400120
2023-03-31$29.07$32.0023.4%6.7%22.2%14.6%0.0%1.3%-3.9%316-28.9K-70.00127.5400120