FTAG Options History — September 2023

In September 2023, FTAG traded between $25.93 and $27.64. ATM implied volatility averaged 25.0%, placing in the 28.7% IV rank vs the trailing year. The 30-day expected move averaged 5.8%. IV traded above realized volatility by 11.6% (HV 20d: 13.3%). Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 2 of 20 days.

Notable Days

  • 2023-09-18: Largest IV spike — 91.9% change
  • 2023-09-11: Highest IV Rank — 68.5%
  • 2023-09-18: Largest Expected Move — 8.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$26.80$25.93$27.64$27.64$25.96
ATM IV25.0%13.1%42.9%25.7%22.6%
Expected Move5.8%3.7%8.3%7.4%6.5%
HV 20d13.3%12.0%14.6%13.1%12.5%
HV 60d15.1%14.0%15.9%15.8%14.0%
IV Rank28.7%2.3%68.5%30.3%23.4%
IV Percentile47.5%1.2%94.8%59.1%38.1%
Term Structure-3.6%-12.4%6.7%-10.9%-1.1%
Skew 25d-2.5%-16.9%17.9%-9.6%-0.9%
Skew 10d9.2%-17.9%44.7%0.6%0.5%
Call IV 25d22.9%15.6%29.1%28.2%29.1%
Put IV 25d20.5%5.2%39.0%18.6%28.1%
Bid-Ask Spread %123.6476.81132.72126.33128.75
Gamma HHI1.000.991.001.000.99
Net GEX-575-833-254-770-470
Net DEX27.1K25.4K28.5K27.6K26.3K
Net VEX-19-29-6-25-17
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI1313131313

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-09-01$27.64$0.0025.7%7.4%13.1%30.3%0.0%-9.6%-10.9%-77027.6K-250.00126.3300112
2023-09-05$27.43$0.0032.2%5.5%13.1%44.9%0.0%-4.1%-3.0%-66527.7K-210.00131.1500112
2023-09-06$27.30$0.0033.6%5.4%13.0%47.8%0.0%0.1%-4.1%-61327.8K-200.00129.7900112
2023-09-07$27.06$0.0030.5%5.8%13.0%40.9%0.0%-3.5%-6.5%-76926.1K-290.00130.4400112
2023-09-08$26.89$0.0032.7%5.9%13.0%45.8%0.0%-3.1%-1.0%-64825.4K-290.00131.6000112
2023-09-11$27.18$0.0042.9%3.7%13.8%68.5%0.0%-16.9%-8.2%-54628.5K-140.0076.8100112
2023-09-12$27.07$0.0031.8%5.3%13.5%43.9%0.0%-15.2%-6.7%-83326.7K-240.0079.9100112
2023-09-13$26.86$0.0018.7%5.4%12.0%14.9%0.0%7.6%-4.0%-68926.4K-240.00131.8500112
2023-09-14$27.32$0.0019.2%5.5%13.3%15.9%0.0%-2.8%-0.8%-62027.7K-190.00130.5400112
2023-09-15$27.28$0.0015.2%4.4%13.3%6.9%0.0%-9.4%-2.5%-78526.6K-250.00123.7900112
2023-09-18$27.07$0.0029.1%8.3%13.5%37.9%0.0%-4.3%-12.4%-62127.3K-190.00125.3200112
2023-09-19$27.01$0.0019.3%5.5%13.5%16.1%0.0%-5.2%2.1%-66625.6K-260.00132.7200112
2023-09-20$26.97$0.0019.6%5.6%13.2%16.7%0.0%-5.9%-3.8%-48427.9K-150.00131.7700112
2023-09-21$26.51$0.0018.8%5.4%14.6%15.0%0.0%17.9%-1.6%-28028.3K-80.00127.8000112
2023-09-22$26.34$0.0023.6%6.8%14.5%25.6%0.0%3.2%-4.7%-52126.8K-160.00127.1600112
2023-09-25$26.23$0.0023.6%6.8%14.4%25.6%0.0%0.4%-2.6%-45327.1K-130.00129.4200112
2023-09-26$25.94$0.0023.0%6.6%14.5%24.4%0.0%0.7%-3.0%-40226.9K-130.00127.9600112
2023-09-27$25.93$0.0024.1%6.9%12.5%26.9%0.0%1.2%-3.3%-40426.9K-130.00124.8200112
2023-09-28$26.09$0.0013.1%3.8%12.5%2.3%0.0%0.4%6.7%-25428.0K-60.00124.9100112
2023-09-29$25.96$0.0022.6%6.5%12.5%23.4%0.0%-0.9%-1.1%-47026.3K-170.00128.7500112