FTAG Options History — April 2025

In April 2025, FTAG traded between $21.58 and $24.74. ATM implied volatility averaged 31.8%, placing in the 23.9% IV rank vs the trailing year. The 30-day expected move averaged 8.8%. IV traded below realized volatility by 9.5% (HV 20d: 41.3%). Max pain ranged from $19.00 to $30.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 5 of 21 days. Put/call ratio averaged 1.49.

Notable Days

2025-04-21: Highest Volume — 243 contracts
2025-04-04: Largest IV spike — 41.9% change
2025-04-07: Highest IV Rank — 52.1%
2025-04-07: Largest Expected Move — 14.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$23.50	$21.58	$24.74	$24.17	$24.10
Max Pain	$26.33	$19.00	$30.00	$30.00	$19.00
ATM IV	31.8%	22.2%	55.2%	22.2%	28.8%
Expected Move	8.8%	5.0%	14.1%	6.7%	8.3%
HV 20d	41.3%	38.4%	43.6%	39.9%	38.8%
HV 60d	31.7%	27.2%	34.2%	27.2%	34.2%
IV Rank	23.9%	12.3%	52.1%	12.3%	20.2%
IV Percentile	65.4%	28.2%	90.9%	28.2%	73.8%
Term Structure	-2.4%	-11.5%	25.2%	1.7%	-11.5%
VWIV	49.1%	49.1%	49.1%	49.1%	49.1%
Skew 25d	2.8%	-2.1%	8.9%	2.5%	-0.7%
Skew 10d	4.2%	0.7%	8.3%	2.6%	1.8%
Call IV 25d	32.0%	19.5%	53.1%	23.3%	30.0%
Put IV 25d	34.7%	21.5%	59.0%	25.8%	29.3%
Bid-Ask Spread %	124.12	112.57	144.36	126.31	114.58
Gamma HHI	0.89	0.58	1.00	1.00	0.60
Net GEX	848	236	1.7K	876	1.7K
Net DEX	-4.5K	-11.2K	-686	-3.3K	-10.2K
Net VEX	-38	-105	-6	-31	-105
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.49	0.00	2.98	0.00	2.98
Total Volume	13.238	0	243	1	0
Total OI	181.286	91	334	91	334

Daily Data (21 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
2025-04-01	$24.17	$30.00	22.2%	6.7%	39.9%	12.3%	0.0%	2.5%	1.7%	876	-3.3K	-31	0.00	126.31	0	1	91	0
2025-04-02	$24.13	$30.00	25.3%	5.0%	39.1%	16.0%	0.0%	2.0%	8.9%	524	-1.6K	-17	0.00	121.98	0	0	91	1
2025-04-03	$23.58	$30.00	29.9%	9.1%	39.3%	21.6%	0.0%	1.4%	-5.5%	1.2K	-6.4K	-55	0.00	136.72	0	0	91	1
2025-04-04	$22.34	$30.00	42.5%	11.2%	43.1%	36.7%	0.0%	4.6%	-7.1%	720	-4.1K	-44	0.00	137.41	0	1	91	1
2025-04-07	$21.99	$30.00	55.2%	14.1%	42.4%	52.1%	0.0%	5.9%	-9.1%	1.2K	-10.1K	-69	0.00	141.54	0	0	91	0
2025-04-08	$21.58	$30.00	50.0%	12.5%	40.2%	45.8%	0.0%	4.5%	-11.2%	598	-3.7K	-31	0.00	132.09	0	0	91	0
2025-04-09	$22.63	$30.00	44.5%	12.8%	41.6%	39.2%	0.0%	1.9%	-7.7%	1.4K	-11.2K	-68	0.00	144.36	0	32	91	0
2025-04-10	$22.60	$30.00	39.0%	11.2%	41.6%	32.5%	0.0%	5.6%	-6.4%	903	-6.8K	-60	0.00	128.33	0	0	91	32
2025-04-11	$23.36	$30.00	32.2%	9.2%	41.6%	24.3%	0.0%	5.5%	-2.3%	752	-3.4K	-26	0.00	122.34	0	0	91	32
2025-04-14	$23.59	$30.00	29.3%	8.4%	41.3%	20.8%	0.0%	3.5%	-5.5%	718	-3.0K	-25	0.00	127.29	0	0	91	32
2025-04-15	$23.59	$30.00	27.9%	8.0%	41.3%	19.2%	0.0%	2.2%	-4.7%	496	-1.8K	-15	0.00	124.47	0	0	91	32
2025-04-16	$22.91	$30.00	36.3%	10.4%	41.5%	29.2%	0.0%	-2.1%	-10.0%	1.1K	-10.3K	-76	0.00	123.29	0	0	91	32
2025-04-17	$23.67	$30.00	33.1%	9.5%	43.6%	25.4%	0.0%	8.9%	25.2%	864	-3.8K	-29	0.00	125.74	1	0	91	32
2025-04-21	$23.49	$30.00	30.5%	8.8%	42.7%	22.3%	49.1%	6.0%	-2.8%	236	-686	-6	2.98	112.67	61	182	91	0
2025-04-22	$23.62	$19.00	25.8%	7.4%	42.2%	16.6%	0.0%	0.9%	-3.4%	531	-1.9K	-38	0.00	112.88	0	0	152	182
2025-04-23	$23.80	$19.00	22.9%	6.6%	41.4%	13.1%	0.0%	-0.6%	4.0%	867	-2.8K	-27	0.00	112.57	0	0	152	182
2025-04-24	$24.55	$19.00	23.9%	6.9%	43.0%	14.3%	0.0%	2.5%	0.7%	1.6K	-6.4K	-51	0.00	113.72	0	0	152	182
2025-04-25	$24.42	$19.00	22.3%	6.4%	43.0%	12.3%	0.0%	1.4%	-0.3%	559	-1.5K	-14	0.00	114.78	0	0	152	182
2025-04-28	$24.64	$19.00	23.7%	6.8%	41.0%	14.0%	0.0%	1.2%	-1.0%	617	-1.5K	-12	0.00	116.86	0	0	152	182
2025-04-29	$24.74	$19.00	22.7%	6.5%	38.4%	12.8%	0.0%	0.6%	-2.1%	392	-842	-7	0.00	116.67	0	0	152	182
2025-04-30	$24.10	$19.00	28.8%	8.3%	38.8%	20.2%	0.0%	-0.7%	-11.5%	1.7K	-10.2K	-105	0.00	114.58	0	0	152	182