FTAG Options History — January 2024

In January 2024, FTAG traded between $23.77 and $25.54. ATM implied volatility averaged 18.2%, placing in the 15.2% IV rank vs the trailing year. The 30-day expected move averaged 4.7%. IV traded above realized volatility by 4.6% (HV 20d: 13.6%). Max pain ranged from $24.00 to $24.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 14 of 21 days.

Notable Days

  • 2024-01-26: Highest Volume — 37 contracts
  • 2024-01-12: Largest IV drop — 35.5% change
  • 2024-01-09: Highest IV Rank — 40.6%
  • 2024-01-03: Largest Expected Move — 8.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.44$23.77$25.54$25.54$23.88
Max Pain$24.00$24.00$24.00$24.00$24.00
ATM IV18.2%10.0%30.3%25.6%12.5%
Expected Move4.7%2.9%8.3%7.3%3.6%
HV 20d13.6%10.1%17.6%16.8%11.1%
HV 60d16.5%15.4%17.3%17.2%15.4%
IV Rank15.2%0.0%40.6%30.2%5.4%
IV Percentile30.2%0.0%92.1%76.6%2.0%
Term Structure3.6%-7.9%18.5%-5.0%10.6%
VWIV32.8%31.9%33.7%33.7%31.9%
Skew 25d-0.5%-6.9%17.6%0.6%3.3%
Skew 10d1.3%-13.5%55.1%-13.5%0.1%
Call IV 25d23.5%19.3%32.9%30.7%23.0%
Put IV 25d23.0%17.0%42.0%31.3%26.3%
Bid-Ask Spread %127.19124.13131.26126.54125.31
Gamma HHI0.550.390.780.390.52
Net GEX-3.4K-5.7K-1.5K-1.5K-4.9K
Net DEX9.9K91220.2K2.7K17.4K
Net VEX-68-95-48-69-72
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume2.33303700
Total OI143.571131180131180

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-01-02$25.54$0.0025.6%7.3%16.8%30.2%0.0%0.6%-5.0%-1.5K2.7K-690.00126.54005774
2024-01-03$25.29$0.0029.0%8.3%16.6%37.6%0.0%-0.0%-7.9%-2.0K5.5K-820.00131.26005774
2024-01-04$25.25$24.0029.4%6.0%16.3%38.5%0.0%-3.6%-6.6%-1.9K4.4K-750.00129.67005774
2024-01-05$25.18$24.0027.3%5.6%16.4%33.9%0.0%-3.0%-2.8%-1.7K2.6K-690.00129.38005774
2024-01-08$25.21$24.0028.6%4.4%16.4%36.8%0.0%-4.3%4.1%-1.6K912-500.00125.63005774
2024-01-09$24.84$24.0030.3%5.7%17.4%40.6%0.0%-4.9%-3.7%-2.4K6.4K-720.00126.85005774
2024-01-10$24.69$24.0020.1%5.8%17.6%18.0%0.0%-5.3%-4.4%-2.5K6.1K-690.00129.69005774
2024-01-11$24.59$24.0021.6%6.2%17.3%21.3%33.7%-3.5%-4.1%-2.7K7.2K-740.00127.110115774
2024-01-12$24.50$24.0014.0%4.0%14.3%4.2%0.0%-5.3%6.6%-2.8K6.9K-680.00128.58005785
2024-01-16$24.14$24.0016.0%4.6%12.7%8.7%0.0%-0.7%1.3%-4.1K14.3K-800.00125.05005785
2024-01-17$23.77$24.0013.3%3.8%13.4%2.8%31.9%3.5%7.6%-5.2K20.2K-950.00128.31015785
2024-01-18$23.79$24.0016.0%4.6%13.3%8.8%0.0%2.1%3.1%-5.0K18.7K-870.00128.07005786
2024-01-19$23.95$24.0014.7%4.2%12.1%5.9%0.0%0.9%5.0%-4.3K15.3K-770.00127.71005786
2024-01-22$23.91$24.0011.8%3.4%11.3%0.0%0.0%0.8%10.3%-4.1K14.1K-610.00124.80005786
2024-01-23$23.91$24.0010.0%2.9%10.1%0.0%0.0%2.7%18.5%-4.0K13.2K-530.00126.69005786
2024-01-24$24.02$24.0010.7%3.1%10.5%1.5%0.0%0.5%9.9%-3.8K11.3K-530.00126.31005786
2024-01-25$24.12$24.0014.4%4.1%10.2%9.4%0.0%-2.4%4.7%-3.7K11.3K-530.00125.16005786
2024-01-26$24.31$24.0011.6%3.3%10.8%3.4%0.0%-6.9%13.4%-3.2K6.7K-480.00127.070375786
2024-01-29$24.27$24.0012.8%3.7%10.7%5.9%0.0%17.6%5.5%-5.7K10.4K-620.00124.130057123
2024-01-30$24.14$24.0012.8%3.7%10.7%6.0%0.0%-2.3%9.3%-4.5K12.6K-680.00127.760057123
2024-01-31$23.88$24.0012.5%3.6%11.1%5.4%0.0%3.3%10.6%-4.9K17.4K-720.00125.310057123