FTAG Options History — March 2024

In March 2024, FTAG traded between $24.09 and $25.66. ATM implied volatility averaged 30.3%, placing in the 42.1% IV rank vs the trailing year. The 30-day expected move averaged 6.7%. IV traded above realized volatility by 17.2% (HV 20d: 13.0%). Max pain ranged from $21.00 to $23.00. Net GEX was positive for 6 of 20 trading days. Term structure was in contango for 0 of 20 days.

Notable Days

  • 2024-03-25: Highest Volume — 38 contracts
  • 2024-03-13: Largest IV drop — 61.9% change
  • 2024-03-12: Highest IV Rank — 100.0%
  • 2024-03-01: Largest Expected Move — 8.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.84$24.09$25.66$24.52$25.66
Max Pain$22.50$21.00$23.00$21.00$23.00
ATM IV30.3%21.8%59.3%30.7%24.6%
Expected Move6.7%5.8%8.8%8.8%7.1%
HV 20d13.0%11.1%15.9%14.8%12.3%
HV 60d14.1%13.1%15.6%14.9%13.7%
IV Rank42.1%24.0%100.0%44.0%29.6%
IV Percentile75.7%47.6%100.0%93.7%72.2%
Term Structure-3.2%-8.9%-1.2%-8.9%-4.1%
VWIV35.3%35.3%35.3%35.3%35.3%
Skew 25d2.4%1.4%3.5%2.4%2.1%
Skew 10d3.9%-2.5%5.8%3.6%3.8%
Call IV 25d25.3%22.5%34.1%34.1%27.2%
Put IV 25d27.7%24.8%36.5%36.5%29.3%
Bid-Ask Spread %134.41131.96135.78132.24133.71
Gamma HHI0.660.381.000.510.64
Net GEX-206-1.9K446-117-1.2K
Net DEX-1.1K-4.4K8.7K-1.7K1.8K
Net VEX-24-66-14-22-49
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume1.9503800
Total OI30.34424142

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-03-01$24.52$21.0030.7%8.8%14.8%44.0%0.0%2.4%-8.9%-117-1.7K-220.00132.2400437
2024-03-04$24.27$0.0034.3%6.0%15.3%51.6%0.0%1.8%-2.3%-317-629-230.00135.7800437
2024-03-05$24.09$0.0032.3%5.8%14.8%47.3%0.0%2.7%-1.2%-45055-230.00135.0800437
2024-03-06$24.50$0.0038.9%6.4%15.7%61.5%0.0%1.9%-2.6%-206-1.2K-210.00135.5800437
2024-03-07$24.72$0.0036.5%6.0%15.9%56.4%0.0%2.5%-1.3%-19-2.5K-200.00135.0700437
2024-03-08$24.66$0.0039.9%6.6%15.4%63.6%0.0%2.3%-2.4%-58-2.0K-200.00135.4901437
2024-03-11$24.70$0.0052.6%6.5%15.2%90.7%0.0%3.4%-2.5%-132-1.4K-190.00134.1800438
2024-03-12$24.66$0.0059.3%6.6%14.1%100.0%0.0%2.3%-1.9%-100-1.5K-180.00134.8700438
2024-03-13$24.73$0.0022.6%6.5%11.4%25.5%0.0%2.5%-1.9%-15-1.9K-170.00135.5100438
2024-03-14$24.54$0.0023.3%6.7%11.3%26.9%0.0%2.4%-2.8%-317-414-170.00133.7700438
2024-03-15$24.70$0.0023.6%6.8%11.3%27.7%0.0%2.6%-2.3%-433-16-150.00135.1000438
2024-03-18$24.79$0.0023.8%6.8%11.3%28.1%0.0%3.2%-2.6%381-3.3K-140.00135.040040
2024-03-19$24.84$0.0022.5%6.4%11.1%25.3%0.0%2.8%-2.7%387-3.4K-150.00135.180040
2024-03-20$25.20$0.0021.8%6.3%12.0%24.0%0.0%3.5%-2.8%422-4.0K-150.00134.550040
2024-03-21$25.31$0.0023.7%6.8%11.4%27.7%0.0%1.5%-3.9%446-4.4K-160.00134.130040
2024-03-22$25.16$0.0022.9%6.6%11.7%26.2%0.0%1.4%-2.7%436-4.1K-150.00132.920040
2024-03-25$25.09$0.0022.9%6.6%11.7%26.1%35.3%1.7%-3.9%442-3.9K-140.00133.8403840
2024-03-26$25.13$23.0024.8%7.1%11.7%30.0%0.0%1.9%-7.4%-1.9K8.7K-660.00134.2400438
2024-03-27$25.52$23.0024.5%7.0%12.2%29.4%0.0%2.6%-3.9%-1.4K3.2K-530.00131.9600438
2024-03-28$25.66$23.0024.6%7.1%12.3%29.6%0.0%2.1%-4.1%-1.2K1.8K-490.00133.7100438