FTAG Options History — January 2025

In January 2025, FTAG traded between $23.09 and $25.01. ATM implied volatility averaged 21.9%, placing in the 13.6% IV rank vs the trailing year. The 30-day expected move averaged 5.8%. IV traded above realized volatility by 9.4% (HV 20d: 12.6%). Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 12 of 20 days.

Notable Days

  • 2025-01-15: Largest IV drop — 41.5% change
  • 2025-01-14: Highest IV Rank — 33.6%
  • 2025-01-08: Largest Expected Move — 6.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.08$23.09$25.01$23.27$24.83
ATM IV21.9%15.8%38.6%21.1%17.2%
Expected Move5.8%4.5%6.8%6.0%4.9%
HV 20d12.6%10.2%15.3%13.1%11.4%
HV 60d16.4%15.9%17.0%15.9%16.8%
IV Rank13.6%5.8%33.6%13.0%6.3%
IV Percentile29.1%5.6%86.1%22.6%6.3%
Term Structure2.6%-3.7%37.1%2.4%2.9%
Skew 25d1.7%0.1%4.0%0.1%0.4%
Skew 10d2.2%-0.5%4.5%-0.5%1.7%
Call IV 25d21.9%17.5%25.3%24.2%20.0%
Put IV 25d23.6%18.4%28.3%24.3%20.4%
Bid-Ask Spread %122.50116.04129.67116.04116.21
Net GEX00000
Net DEX00000
Net VEX00000
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI00000

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-01-02$23.27$0.0021.1%6.0%13.1%13.0%0.0%0.1%2.4%0000.00116.040000
2025-01-03$23.32$0.0022.4%6.4%13.1%14.6%0.0%1.5%0.8%0000.00118.330000
2025-01-06$23.41$0.0025.1%6.6%13.3%17.7%0.0%2.5%-1.3%0000.00129.050000
2025-01-07$23.34$0.0026.5%6.7%13.3%19.4%0.0%1.4%-1.8%0000.00129.670000
2025-01-08$23.18$0.0024.0%6.8%12.5%16.5%0.0%2.9%-2.5%0000.00129.290000
2025-01-10$23.09$0.0024.4%6.8%12.4%17.0%0.0%1.8%-2.1%0000.00127.680000
2025-01-13$23.54$0.0034.0%6.2%14.7%28.3%0.0%4.0%-2.4%0000.00124.790000
2025-01-14$23.74$0.0038.6%6.8%15.0%33.6%0.0%2.2%-3.7%0000.00127.800000
2025-01-15$23.93$0.0022.6%6.5%15.3%14.8%0.0%1.1%-2.7%0000.00126.900000
2025-01-16$24.02$0.0022.4%6.4%14.9%14.6%0.0%1.7%37.1%0000.00128.380000
2025-01-17$24.22$0.0023.0%6.6%15.0%15.3%0.0%1.8%-2.4%0000.00128.960000
2025-01-21$24.44$0.0017.8%5.1%10.3%9.2%0.0%2.4%4.6%0000.00118.170000
2025-01-22$24.39$0.0018.2%5.2%10.2%9.6%0.0%1.1%2.7%0000.00119.520000
2025-01-23$24.79$0.0016.9%4.8%11.2%8.1%0.0%2.1%3.1%0000.00116.990000
2025-01-24$24.68$0.0015.8%4.5%11.1%6.8%0.0%0.5%3.4%0000.00119.060000
2025-01-27$24.80$0.0016.8%4.8%11.1%7.2%0.0%2.3%3.6%0000.00118.500000
2025-01-28$24.76$0.0017.1%4.9%11.2%6.6%0.0%0.9%2.7%0000.00117.490000
2025-01-29$24.85$0.0017.5%5.0%11.2%7.0%0.0%1.6%3.1%0000.00119.390000
2025-01-30$25.01$0.0016.8%4.8%10.7%5.8%0.0%1.5%3.8%0000.00117.860000
2025-01-31$24.83$0.0017.2%4.9%11.4%6.3%0.0%0.4%2.9%0000.00116.210000