FTAG Options History — August 2025

In August 2025, FTAG traded between $26.07 and $27.36. ATM implied volatility averaged 21.8%, placing in the 11.8% IV rank vs the trailing year. The 30-day expected move averaged 5.6%. IV traded below realized volatility by 2.9% (HV 20d: 24.7%). Max pain ranged from $31.00 to $32.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2025-08-15: Highest Volume — 330 contracts
  • 2025-08-18: Largest IV drop — 44.4% change
  • 2025-08-11: Highest IV Rank — 36.5%
  • 2025-08-07: Largest Expected Move — 8.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$26.69$26.07$27.36$26.07$26.55
Max Pain$31.06$31.00$32.00$32.00$31.00
ATM IV21.8%12.9%42.3%20.8%16.3%
Expected Move5.6%3.7%8.9%6.0%4.7%
HV 20d24.7%19.9%27.6%19.9%24.9%
HV 60d19.7%18.3%20.5%18.3%20.5%
IV Rank11.8%1.0%36.5%10.6%5.1%
IV Percentile31.9%0.4%87.3%29.8%4.4%
Term Structure1.4%-7.5%8.0%-0.4%3.5%
VWIV33.6%33.6%33.6%33.6%33.6%
Skew 25d2.0%-1.0%8.0%1.5%0.5%
Skew 10d3.7%-0.1%19.2%0.5%1.1%
Call IV 25d20.2%15.4%24.7%22.2%18.5%
Put IV 25d22.3%17.0%27.7%23.7%19.0%
Bid-Ask Spread %121.17113.59141.27114.03116.57
Gamma HHI0.460.340.580.490.39
Net GEX12.9K5.2K25.1K5.2K16.6K
Net DEX-135.0K-214.8K-82.5K-82.5K-148.4K
Net VEX-511-733-280-362-578
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume16.81033000
Total OI413.476363454452384

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-08-01$26.07$32.0020.8%6.0%19.9%10.6%0.0%1.5%-0.4%5.2K-82.5K-3620.00114.03004520
2025-08-04$26.74$0.0024.2%5.8%21.2%14.7%0.0%4.1%4.6%17.9K-139.6K-4600.00125.27004520
2025-08-05$26.40$0.0021.8%5.9%21.7%11.8%0.0%2.1%2.1%5.8K-89.0K-3520.00128.15004520
2025-08-06$26.80$0.0030.3%6.0%21.8%22.1%0.0%4.4%0.3%16.9K-181.0K-5730.00127.34004520
2025-08-07$26.12$0.0023.4%8.9%23.6%13.7%33.6%0.6%-7.5%5.3K-83.1K-3520.00141.27204520
2025-08-08$26.75$31.0033.7%6.2%25.1%26.1%0.0%4.0%-1.0%16.5K-178.0K-5500.00128.30004540
2025-08-11$26.68$31.0042.3%7.1%25.0%36.5%0.0%3.5%-2.0%12.4K-135.5K-4410.00115.80004540
2025-08-12$26.16$31.0035.5%6.3%25.9%28.3%0.0%0.7%-1.1%5.6K-84.8K-3480.00127.68004540
2025-08-13$26.87$31.0021.2%6.1%27.6%11.0%0.0%3.1%2.5%8.4K-104.1K-3080.00126.98004540
2025-08-14$26.68$31.0022.3%6.4%26.3%12.3%0.0%4.0%-1.2%12.7K-136.9K-3910.00126.13004540
2025-08-15$26.80$31.0023.1%6.6%25.5%13.4%0.0%3.4%-1.3%11.4K-108.0K-2800.00121.4233004540
2025-08-18$26.65$31.0012.9%3.7%25.5%1.0%0.0%1.3%2.2%9.3K-113.4K-4290.00114.24103630
2025-08-19$26.57$31.0016.3%4.7%25.3%5.1%0.0%-0.6%2.8%12.0K-125.3K-5910.00116.68003640
2025-08-20$26.99$31.0013.1%3.8%25.8%1.3%0.0%2.4%8.0%16.1K-155.7K-7330.00117.99003640
2025-08-21$26.99$31.0017.5%5.0%25.6%6.5%0.0%2.5%3.9%16.3K-154.6K-7230.00116.45003640
2025-08-22$26.91$31.0016.7%4.8%25.6%5.7%0.0%-0.7%2.6%13.7K-151.5K-6840.00115.35003640
2025-08-25$26.88$31.0016.6%4.7%25.0%5.4%0.0%-1.0%1.8%13.7K-144.7K-6640.00116.15003640
2025-08-26$26.82$31.0017.2%4.9%24.8%6.2%0.0%-0.8%2.8%14.0K-142.9K-6550.00117.612003640
2025-08-27$27.36$31.0015.7%4.5%25.6%4.4%0.0%8.0%5.3%25.1K-214.8K-6220.00113.59003840
2025-08-28$26.77$31.0017.0%4.9%26.6%6.0%0.0%-0.3%1.7%15.7K-161.7K-6350.00117.63003840
2025-08-29$26.55$31.0016.3%4.7%24.9%5.1%0.0%0.5%3.5%16.6K-148.4K-5780.00116.57003840