FTAG Options History — February 2024

In February 2024, FTAG traded between $23.59 and $24.40. ATM implied volatility averaged 22.3%, placing in the 26.1% IV rank vs the trailing year. The 30-day expected move averaged 6.7%. IV traded above realized volatility by 7.0% (HV 20d: 15.3%). Max pain ranged from $21.00 to $21.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 2 of 20 days.

Notable Days

  • 2024-02-07: Largest IV spike — 26.5% change
  • 2024-02-27: Highest IV Rank — 41.9%
  • 2024-02-27: Largest Expected Move — 8.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.10$23.59$24.40$24.34$24.30
Max Pain$21.00$21.00$21.00$21.00$21.00
ATM IV22.3%14.2%29.7%14.4%29.3%
Expected Move6.7%5.2%8.5%5.9%8.4%
HV 20d15.3%13.3%16.6%13.3%16.0%
HV 60d15.4%15.0%15.8%15.5%15.0%
IV Rank26.1%8.9%41.9%9.4%40.9%
IV Percentile53.0%6.3%90.9%7.5%88.9%
Term Structure-0.8%-11.1%38.5%-2.2%-9.5%
Skew 25d1.4%0.2%2.3%1.5%0.9%
Skew 10d2.6%-5.8%6.1%0.4%3.0%
Call IV 25d26.8%20.8%34.4%22.6%34.4%
Put IV 25d28.2%22.4%35.3%24.1%35.3%
Bid-Ask Spread %131.51120.82133.87131.93132.07
Gamma HHI0.590.350.900.560.56
Net GEX-3.8K-8.6K-232-3.7K-334
Net DEX10.5K-1.2K33.7K9.1K-606
Net VEX-48-81-24-59-25
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI124.44118018041

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-02-01$24.34$21.0014.4%5.9%13.3%9.4%0.0%1.5%-2.2%-3.7K9.1K-590.00131.930057123
2024-02-02$24.27$21.0014.2%6.0%13.3%9.0%0.0%1.3%-2.5%-4.1K9.5K-600.00133.420057123
2024-02-05$23.96$21.0014.2%6.0%13.9%8.9%0.0%0.8%-3.1%-5.4K17.0K-690.00132.320057123
2024-02-06$24.13$21.0015.8%5.2%14.3%12.4%0.0%1.6%-2.4%-4.2K10.7K-450.00126.880057123
2024-02-07$24.05$21.0020.0%5.7%13.5%21.3%0.0%0.5%-2.9%-5.8K15.1K-650.00133.670057123
2024-02-08$23.80$21.0020.0%5.7%13.7%21.3%0.0%0.9%-3.0%-5.8K21.5K-670.00132.800057123
2024-02-09$23.68$21.0022.4%6.4%13.8%26.5%0.0%1.5%-4.1%-6.2K25.3K-750.00133.870057123
2024-02-12$24.09$21.0022.2%6.4%15.3%25.9%0.0%1.5%-2.1%-7.3K12.5K-480.00129.010057123
2024-02-13$23.59$21.0023.4%6.7%16.2%28.4%0.0%2.3%-5.0%-8.1K33.7K-810.00130.330057123
2024-02-14$23.89$21.0022.4%6.4%16.0%26.2%0.0%2.3%-5.0%-7.6K22.0K-610.00133.700057123
2024-02-15$24.04$21.0019.5%5.6%16.1%20.1%0.0%0.2%38.3%-8.6K11.7K-250.00120.820057123
2024-02-16$24.09$21.0022.1%6.3%16.0%25.6%0.0%1.6%38.5%-6.5K20.0K-530.00131.330057123
2024-02-20$23.99$21.0022.9%6.6%16.0%27.4%0.0%2.0%-4.0%-9033.3K-430.00133.5300437
2024-02-21$24.02$21.0024.4%7.0%16.0%30.7%0.0%2.3%-5.3%-8162.4K-390.00132.7400437
2024-02-22$24.33$21.0026.2%7.5%16.6%34.5%0.0%2.1%-4.9%-395-360-300.00131.2700437
2024-02-23$24.40$21.0027.2%7.8%16.6%36.6%0.0%2.3%-6.5%-375-396-300.00132.1400437
2024-02-26$24.32$21.0026.1%7.5%16.4%34.1%0.0%0.4%-8.9%-232-1.2K-240.00132.6900437
2024-02-27$24.40$21.0029.7%8.5%16.4%41.9%0.0%0.6%-10.9%-303-858-260.00132.8300437
2024-02-28$24.23$21.0029.7%8.5%16.5%41.8%0.0%0.7%-11.1%-433-112-270.00132.8000437
2024-02-29$24.30$21.0029.3%8.4%16.0%40.9%0.0%0.9%-9.5%-334-606-250.00132.0700437