FTAG Options History — May 2025

In May 2025, FTAG traded between $24.45 and $25.91. ATM implied volatility averaged 24.8%, placing in the 15.4% IV rank vs the trailing year. The 30-day expected move averaged 6.4%. IV traded below realized volatility by 3.5% (HV 20d: 28.4%). 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 9 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2025-05-21: Highest Volume — 131 contracts
  • 2025-05-07: Largest IV spike — 64.6% change
  • 2025-05-12: Highest IV Rank — 40.4%
  • 2025-05-07: Largest Expected Move — 7.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.23$24.45$25.91$24.84$25.45
Max Pain$28.53$19.00$30.00$19.00$30.00
ATM IV24.8%15.7%45.5%22.3%21.8%
Expected Move6.4%4.5%7.9%6.4%6.2%
HV 20d28.4%20.9%40.3%40.3%20.9%
HV 60d35.2%34.0%35.9%34.6%34.0%
IV Rank15.4%4.4%40.4%12.3%11.7%
IV Percentile43.6%1.6%87.7%28.2%25.0%
Term Structure-0.9%-5.1%4.2%1.5%-3.1%
VWIV36.5%36.5%36.5%36.5%36.5%
Skew 25d0.5%-1.9%4.4%0.4%-0.2%
Skew 10d3.5%0.9%12.1%2.7%1.0%
Call IV 25d23.3%17.7%28.4%24.0%20.0%
Put IV 25d23.8%18.3%28.8%24.4%19.8%
Bid-Ask Spread %119.90110.88128.15119.01114.63
Gamma HHI0.560.330.990.980.45
Net GEX2.1K1964.6K3931.3K
Net DEX-21.5K-38.4K-324-822-18.4K
Net VEX-113-214-2-6-94
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume8.333013100
Total OI257.95243377334175

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-05-01$24.84$19.0022.3%6.4%40.3%12.3%0.0%0.4%1.5%393-822-60.00119.0100152182
2025-05-02$25.12$19.0022.2%6.4%39.3%12.3%0.0%1.9%1.3%358-676-50.00116.0300152182
2025-05-05$25.12$0.0024.4%6.8%33.1%14.9%0.0%3.5%-1.5%196-324-20.00127.49120152182
2025-05-06$24.53$0.0023.8%6.8%33.9%14.1%0.0%0.5%0.3%2.8K-27.8K-2140.00127.7200164182
2025-05-07$24.45$0.0039.1%7.9%32.8%32.7%0.0%0.1%-1.5%2.2K-21.9K-1610.00126.6700164182
2025-05-08$24.54$0.0026.6%6.7%29.0%17.5%0.0%0.2%-3.1%2.5K-23.4K-1610.00126.6700164182
2025-05-09$24.79$0.0030.2%6.9%29.0%21.9%0.0%4.4%-0.6%2.8K-24.6K-1310.00128.1500164182
2025-05-12$25.14$0.0045.5%7.6%27.2%40.4%36.5%0.4%-5.1%4.2K-38.4K-1540.00125.27310164182
2025-05-13$25.91$30.0027.8%5.1%28.8%19.1%0.0%1.7%-0.5%1.3K-20.1K-930.00120.4400195182
2025-05-14$25.27$30.0021.0%6.0%30.6%10.8%0.0%-1.5%4.2%3.7K-28.5K-1220.00124.5200195182
2025-05-15$25.33$30.0026.0%7.5%28.1%16.9%0.0%-1.9%-3.1%4.6K-35.7K-1290.00127.3500195182
2025-05-16$25.48$30.0027.0%7.7%26.1%18.1%0.0%-0.6%-4.8%1.2K-18.8K-960.00124.7900195182
2025-05-19$25.55$30.0018.4%5.3%25.8%7.7%0.0%-0.0%0.6%1.8K-25.6K-1260.00113.6500430
2025-05-20$25.52$30.0018.9%5.4%25.9%8.3%0.0%-0.5%0.2%1.7K-23.5K-1150.00117.2300430
2025-05-21$25.37$30.0024.8%7.1%26.1%15.3%0.0%-0.5%-4.8%1.8K-24.3K-1250.00112.501310430
2025-05-22$25.51$30.0015.7%4.5%23.9%4.4%0.0%0.6%3.3%1.7K-20.6K-1090.00113.18001740
2025-05-23$25.21$30.0024.5%7.0%24.3%15.1%0.0%0.5%-4.4%2.1K-22.2K-1290.00110.88101740
2025-05-27$25.38$30.0025.8%7.4%24.2%16.6%0.0%-0.1%-5.0%3.4K-31.1K-1830.00112.41001750
2025-05-28$25.54$30.0016.1%4.6%24.3%4.9%0.0%-0.6%2.4%1.7K-21.4K-980.00114.02001750
2025-05-29$25.87$30.0019.6%5.6%22.2%9.2%0.0%2.1%3.9%2.0K-22.4K-1200.00115.29001750
2025-05-30$25.45$30.0021.8%6.2%20.9%11.7%0.0%-0.2%-3.1%1.3K-18.4K-940.00114.63001750