FTAG Options History — August 2023

In August 2023, FTAG traded between $26.44 and $28.48. ATM implied volatility averaged 21.4%, placing in the 20.7% IV rank vs the trailing year. The 30-day expected move averaged 5.8%. IV traded above realized volatility by 9.0% (HV 20d: 12.3%). Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 6 of 23 days.

Notable Days

  • 2023-08-24: Largest IV spike — 34.0% change
  • 2023-08-31: Highest IV Rank — 31.5%
  • 2023-08-31: Largest Expected Move — 7.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$27.42$26.44$28.48$28.48$27.45
ATM IV21.4%15.9%26.2%24.8%26.2%
Expected Move5.8%2.5%7.5%7.1%7.5%
HV 20d12.3%10.2%16.1%16.1%12.9%
HV 60d17.0%15.8%17.6%17.6%15.8%
IV Rank20.7%8.4%31.5%28.2%31.5%
IV Percentile31.2%4.4%61.1%48.0%61.1%
Term Structure-0.8%-14.0%34.6%-6.5%-14.0%
Skew 25d0.1%-8.9%5.8%0.3%5.8%
Skew 10d1.0%-9.2%3.6%1.2%1.0%
Call IV 25d23.3%16.3%28.9%28.0%22.3%
Put IV 25d23.5%8.7%29.4%28.3%28.1%
Bid-Ask Spread %123.6295.47130.16124.64127.43
Gamma HHI1.000.981.001.001.00
Net GEX-836-1.5K-450-1.0K-683
Net DEX25.0K20.3K28.1K20.3K27.7K
Net VEX-38-65-17-65-22
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI1313131313

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-08-01$28.48$0.0024.8%7.1%16.1%28.2%0.0%0.3%-6.5%-1.0K20.3K-650.00124.6400112
2023-08-02$28.17$0.0024.4%7.0%16.1%27.4%0.0%-1.8%-5.8%-1.1K20.8K-610.00125.2600112
2023-08-03$27.96$0.0020.3%5.3%15.7%18.3%0.0%-1.9%0.1%-1.0K24.0K-510.00126.1800112
2023-08-04$28.04$0.0025.1%5.0%12.7%29.0%0.0%1.3%3.1%-1.1K21.9K-590.00121.0100112
2023-08-07$28.20$0.0020.3%2.5%12.0%18.4%0.0%-8.9%4.5%-1.5K24.6K-500.0095.4700112
2023-08-08$27.99$0.0016.6%3.3%11.9%10.2%0.0%3.0%6.1%-1.1K24.3K-480.00118.3500112
2023-08-09$28.16$0.0019.5%5.6%12.0%16.6%0.0%5.0%-0.9%-1.2K25.1K-440.00124.4200112
2023-08-10$28.03$0.0017.0%4.9%11.6%10.9%0.0%-3.3%-4.6%-1.2K22.3K-550.00115.6100112
2023-08-11$27.93$0.0019.5%5.6%11.3%16.5%0.0%1.4%-0.6%-1.0K24.2K-480.00126.8700112
2023-08-14$27.69$0.0015.9%4.5%11.7%8.4%0.0%-1.2%-1.3%-92425.0K-430.00122.1800112
2023-08-15$27.16$0.0019.6%5.6%12.3%16.6%0.0%-0.4%-11.1%-53128.1K-180.00117.8700112
2023-08-16$27.00$0.0022.1%6.3%12.0%22.3%0.0%-3.6%-7.5%-76126.0K-330.00121.7000112
2023-08-17$26.94$0.0021.8%6.3%11.8%21.7%0.0%0.4%34.6%-64226.1K-300.00123.2000112
2023-08-18$26.79$0.0023.0%6.6%11.8%24.3%0.0%1.8%-2.3%-65323.4K-430.00123.6300112
2023-08-21$26.77$0.0022.7%6.5%11.7%23.6%0.0%-0.1%-4.6%-61725.9K-300.00129.8100112
2023-08-22$26.57$0.0021.7%6.2%10.8%21.5%0.0%1.9%-1.4%-51426.6K-240.00128.9100112
2023-08-23$26.65$0.0017.5%5.0%11.0%12.1%0.0%2.4%10.7%-47227.3K-200.00129.2500112
2023-08-24$26.44$0.0023.5%6.7%11.0%25.4%0.0%-0.4%-5.7%-45027.2K-170.00126.4800112
2023-08-25$26.59$0.0023.7%6.8%10.2%25.9%0.0%2.1%-1.1%-63225.8K-300.00129.1900112
2023-08-28$26.81$0.0023.0%6.6%10.9%24.4%0.0%1.2%-5.8%-74624.9K-350.00130.1600112
2023-08-29$27.30$0.0019.5%5.6%13.3%16.5%0.0%-0.0%-0.6%-79325.8K-330.00128.3400112
2023-08-30$27.45$0.0024.3%7.0%13.1%27.2%0.0%-1.7%-4.6%-64528.0K-190.00127.2200112
2023-08-31$27.45$0.0026.2%7.5%12.9%31.5%0.0%5.8%-14.0%-68327.7K-220.00127.4300112