FTAG Options History — December 2023

In December 2023, FTAG traded between $24.04 and $25.63. ATM implied volatility averaged 20.7%, placing in the 19.2% IV rank vs the trailing year. The 30-day expected move averaged 6.5%. IV traded above realized volatility by 3.6% (HV 20d: 17.1%). Max pain ranged from $24.00 to $24.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 4 of 20 days. Put/call ratio averaged 0.38.

Notable Days

2023-12-26: Highest Volume — 114 contracts
2023-12-04: Largest IV drop — 52.3% change
2023-12-01: Highest IV Rank — 40.0%
2023-12-01: Largest Expected Move — 8.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$24.90	$24.04	$25.63	$24.59	$25.59
Max Pain	$24.00	$24.00	$24.00	$24.00	$24.00
ATM IV	20.7%	14.3%	30.1%	30.1%	24.6%
Expected Move	6.5%	5.6%	8.6%	8.6%	7.1%
HV 20d	17.1%	15.9%	18.3%	17.2%	17.2%
HV 60d	16.9%	15.7%	17.8%	16.2%	17.2%
IV Rank	19.2%	5.1%	40.0%	40.0%	28.0%
IV Percentile	39.2%	3.2%	88.1%	88.1%	70.6%
Term Structure	-4.8%	-12.4%	1.7%	-9.3%	-3.4%
Skew 25d	0.6%	-17.5%	2.5%	-17.5%	0.6%
Skew 10d	0.0%	-17.0%	2.4%	-17.0%	1.3%
Call IV 25d	25.1%	22.7%	32.4%	32.4%	28.1%
Put IV 25d	25.7%	14.9%	28.7%	14.9%	28.7%
Bid-Ask Spread %	133.37	126.27	136.40	126.27	132.14
Gamma HHI	0.76	0.35	0.99	0.87	0.39
Net GEX	-2.3K	-5.3K	-160	-2.3K	-1.4K
Net DEX	10.1K	-402	21.3K	17.4K	2.6K
Net VEX	-66	-88	-41	-68	-72
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.38	0.00	1.15	0.00	1.15
Total Volume	6.3	0	114	0	0
Total OI	37.35	17	131	22	131

Daily Data (20 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2023-12-01	$24.59	$24.00	30.1%	8.6%	17.2%	40.0%	0.0%	-17.5%	-9.3%	-2.3K	17.4K	-68	0.00	126.27	0	0	0	22
2023-12-04	$24.30	$0.00	14.3%	6.1%	16.4%	5.1%	0.0%	1.5%	-12.4%	-2.9K	18.9K	-67	0.00	134.74	0	0	0	22
2023-12-05	$24.14	$0.00	15.8%	5.9%	16.3%	8.2%	0.0%	1.8%	-9.5%	-3.5K	20.1K	-66	0.00	134.53	0	0	0	22
2023-12-06	$24.22	$0.00	14.5%	5.8%	16.0%	5.4%	0.0%	2.1%	-9.0%	-3.2K	19.6K	-66	0.00	135.29	0	0	0	22
2023-12-07	$24.32	$0.00	14.9%	6.2%	16.1%	6.4%	0.0%	2.5%	-10.8%	-3.2K	18.2K	-63	0.00	135.95	0	0	0	22
2023-12-08	$24.30	$0.00	16.1%	6.1%	15.9%	9.0%	0.0%	2.5%	-8.9%	-3.1K	18.7K	-63	0.00	135.40	0	0	0	22
2023-12-11	$24.25	$0.00	19.1%	6.4%	15.9%	15.6%	0.0%	1.6%	-12.0%	-3.6K	18.7K	-59	0.00	136.40	0	0	0	22
2023-12-12	$24.04	$0.00	17.2%	6.6%	16.2%	11.4%	0.0%	1.2%	-10.2%	-5.3K	21.3K	-58	0.00	133.94	0	0	0	22
2023-12-13	$24.71	$0.00	21.0%	6.0%	16.6%	19.8%	0.0%	2.1%	-1.2%	-2.6K	15.5K	-53	0.00	129.70	0	0	0	22
2023-12-14	$25.24	$0.00	21.3%	6.1%	18.2%	20.7%	0.0%	1.7%	0.8%	-2.7K	9.5K	-41	0.00	134.24	6	0	0	22
2023-12-15	$25.07	$0.00	19.4%	5.6%	18.0%	16.3%	0.0%	1.5%	1.7%	-2.7K	4.6K	-79	0.00	134.89	0	0	6	22
2023-12-18	$25.14	$0.00	21.1%	6.0%	17.8%	20.0%	0.0%	0.4%	0.8%	-1.5K	1.3K	-77	0.00	134.67	0	0	6	13
2023-12-19	$25.52	$0.00	23.2%	6.7%	17.4%	24.8%	0.0%	1.4%	-2.7%	-160	-402	-78	0.00	134.42	6	0	6	13
2023-12-20	$25.13	$0.00	20.9%	6.0%	18.3%	19.6%	0.0%	1.3%	1.3%	-1.3K	4.1K	-68	0.00	132.26	0	0	4	13
2023-12-21	$25.41	$0.00	23.6%	6.8%	18.3%	25.7%	0.0%	2.5%	-0.4%	-2.0K	-50	-53	0.00	135.08	0	0	4	13
2023-12-22	$25.37	$0.00	23.6%	6.8%	18.3%	25.6%	0.0%	1.1%	-3.0%	-985	2.3K	-63	0.00	132.61	0	0	4	13
2023-12-26	$25.53	$0.00	24.4%	7.0%	17.3%	27.6%	0.0%	1.8%	-3.1%	-983	1.5K	-61	1.15	132.58	53	61	4	13
2023-12-27	$25.59	$0.00	24.5%	7.0%	17.1%	27.7%	0.0%	0.9%	-3.2%	-1.6K	3.2K	-81	0.00	130.61	0	0	57	74
2023-12-28	$25.63	$0.00	24.1%	6.9%	17.1%	26.7%	0.0%	0.6%	-1.8%	-1.6K	4.3K	-88	0.00	131.75	0	0	57	74
2023-12-29	$25.59	$0.00	24.6%	7.1%	17.2%	28.0%	0.0%	0.6%	-3.4%	-1.4K	2.6K	-72	0.00	132.14	0	0	57	74