FTAG Options History — October 2023

In October 2023, FTAG traded between $23.96 and $25.92. ATM implied volatility averaged 25.0%, placing in the 28.7% IV rank vs the trailing year. The 30-day expected move averaged 6.6%. IV traded above realized volatility by 10.3% (HV 20d: 14.7%). Max pain ranged from $30.00 to $30.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 3 of 22 days.

Notable Days

  • 2023-10-31: Highest Volume — 2 contracts
  • 2023-10-11: Largest IV drop — 39.0% change
  • 2023-10-10: Highest IV Rank — 45.0%
  • 2023-10-25: Largest Expected Move — 8.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.05$23.96$25.92$25.50$24.15
Max Pain$30.00$30.00$30.00$30.00$30.00
ATM IV25.0%18.8%32.3%28.6%27.0%
Expected Move6.6%3.9%8.3%8.2%7.7%
HV 20d14.7%12.9%16.2%13.1%16.0%
HV 60d13.4%12.8%14.1%13.3%14.1%
IV Rank28.7%15.0%45.0%36.8%33.2%
IV Percentile55.6%17.9%83.3%71.4%72.6%
Term Structure-4.1%-10.5%7.8%-7.5%-6.9%
Skew 25d1.2%-2.4%4.8%3.1%0.7%
Skew 10d2.2%-0.7%15.2%1.9%1.1%
Call IV 25d25.6%17.3%33.4%26.9%33.4%
Put IV 25d26.8%18.1%34.1%30.0%34.1%
Bid-Ask Spread %123.76105.26128.43125.41125.75
Gamma HHI0.920.651.000.990.75
Net GEX-123-291-4-198-17
Net DEX27.2K26.3K28.4K27.4K26.5K
Net VEX-3-70-60
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume0.0910202
Total OI1313131313

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-10-02$25.50$0.0028.6%8.2%13.1%36.8%0.0%3.1%-7.5%-19827.4K-60.00125.4100112
2023-10-03$25.24$0.0028.7%8.2%13.2%37.1%0.0%3.8%-9.9%-23126.9K-70.00128.4300112
2023-10-04$25.23$0.0024.3%7.0%13.2%27.1%0.0%-0.2%-5.9%-22826.9K-70.00124.1100112
2023-10-05$25.25$30.0026.9%5.7%13.2%33.0%0.0%1.7%-3.6%-16527.3K-40.00126.3100112
2023-10-06$25.45$30.0026.8%4.7%13.8%32.7%0.0%-2.4%7.3%-16327.5K-40.00122.3000112
2023-10-09$25.48$30.0024.1%5.5%12.9%26.9%0.0%2.0%-7.9%-7227.9K-10.00105.2600112
2023-10-10$25.92$30.0032.3%3.9%14.8%45.0%0.0%0.8%7.8%-7828.4K-10.00121.0800112
2023-10-11$25.81$30.0019.7%5.6%14.7%17.0%0.0%1.3%-0.8%-29127.4K-70.00127.0600112
2023-10-12$25.52$30.0018.8%5.4%13.2%15.0%0.0%2.3%3.7%-15927.6K-40.00125.4300112
2023-10-13$25.38$30.0023.1%6.6%13.2%24.5%0.0%-1.3%-8.2%-14627.5K-30.00122.9800112
2023-10-16$25.70$30.0021.6%6.2%14.2%21.3%0.0%4.8%-1.6%-22527.6K-40.00122.7100112
2023-10-17$25.85$30.0019.0%5.5%14.6%15.5%0.0%-2.1%-1.9%-19027.9K-40.00123.9200112
2023-10-18$25.32$30.0023.4%6.7%16.0%25.1%0.0%0.4%-10.5%-24526.9K-60.00123.7100112
2023-10-19$25.13$30.0023.8%6.8%15.2%26.2%0.0%0.7%-3.2%-13827.2K-30.00125.9900112
2023-10-20$24.77$30.0021.9%6.3%15.7%21.9%0.0%3.2%-1.3%-427.2K00.00121.2800112
2023-10-23$24.41$30.0027.9%8.0%16.2%35.2%0.0%2.9%-6.1%-3326.8K-10.00122.8800112
2023-10-24$24.45$30.0028.4%8.1%16.1%36.3%0.0%1.9%-6.0%-6526.7K-20.00126.3200112
2023-10-25$24.22$30.0028.9%8.3%16.2%37.4%0.0%1.7%-9.5%-1126.6K00.00127.2000112
2023-10-26$24.18$30.0022.6%6.5%15.8%23.5%0.0%0.0%-4.8%-1826.6K00.00126.0700112
2023-10-27$23.96$30.0027.0%7.7%15.9%33.2%0.0%2.3%-5.7%-1326.3K00.00124.4300112
2023-10-30$24.29$30.0024.3%7.0%16.2%27.2%0.0%-1.1%-7.3%-1726.7K00.00124.1100112
2023-10-31$24.15$30.0027.0%7.7%16.0%33.2%0.0%0.7%-6.9%-1726.5K00.00125.7502112