FTAG Options History — December 2025

In December 2025, FTAG traded between $25.48 and $26.40. ATM implied volatility averaged 22.3%, placing in the 14.9% IV rank vs the trailing year. The 30-day expected move averaged 6.3%. IV traded above realized volatility by 8.4% (HV 20d: 13.9%). Max pain ranged from $21.00 to $21.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 10 of 22 days. Put/call ratio averaged 0.00.

Notable Days

  • 2025-12-22: Highest Volume — 20 contracts
  • 2025-12-22: Largest IV drop — 26.9% change
  • 2025-12-19: Highest IV Rank — 22.8%
  • 2025-12-09: Largest Expected Move — 7.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$26.10$25.48$26.40$26.13$26.32
Max Pain$21.00$21.00$21.00$21.00$21.00
ATM IV22.3%17.8%31.1%21.6%20.9%
Expected Move6.3%5.1%7.7%6.2%6.0%
HV 20d13.9%11.4%16.6%13.8%11.4%
HV 60d13.9%12.5%15.2%15.2%12.5%
IV Rank14.9%7.6%22.8%10.7%16.0%
IV Percentile49.1%13.5%85.3%42.9%40.5%
Term Structure-0.3%-3.5%2.9%1.7%1.3%
Skew 25d2.4%-1.9%4.6%4.4%2.6%
Skew 10d4.8%2.8%6.3%4.7%2.8%
Call IV 25d23.1%18.3%26.8%20.9%20.6%
Put IV 25d25.5%19.5%29.6%25.3%23.3%
Bid-Ask Spread %125.72117.77132.50119.25120.80
Gamma HHI0.940.801.000.871.00
Net GEX734562941872600
Net DEX-14.3K-15.9K-12.5K-14.9K-13.5K
Net VEX-72-85-64-69-83
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.90902000
Total OI47.510656510

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-12-01$26.13$21.0021.6%6.2%13.8%10.7%0.0%4.4%1.7%872-14.9K-690.00119.25001352
2025-12-02$26.09$21.0021.2%6.1%13.8%10.1%0.0%2.7%1.7%909-14.9K-700.00117.77001352
2025-12-03$26.07$21.0023.0%6.6%13.8%12.3%0.0%4.6%0.7%795-14.6K-690.00121.37001352
2025-12-04$25.96$0.0023.8%6.9%13.8%13.3%0.0%3.9%-1.6%780-14.2K-690.00132.28001352
2025-12-05$25.67$0.0023.2%6.7%14.4%12.6%0.0%1.4%-1.0%562-13.5K-680.00132.50001352
2025-12-08$25.71$0.0027.6%7.2%14.4%18.0%0.0%3.9%-2.0%764-13.3K-670.00131.95001352
2025-12-09$25.48$0.0031.1%7.7%14.5%22.2%0.0%2.8%-3.2%741-12.5K-660.00130.96001352
2025-12-10$26.01$0.0023.9%6.9%15.7%13.5%0.0%3.8%-0.9%776-14.3K-670.00131.61001352
2025-12-11$26.40$0.0023.6%6.8%16.6%13.1%0.0%2.5%-1.9%781-15.6K-660.00129.23001352
2025-12-12$26.34$0.0019.1%5.5%16.6%7.6%0.0%-1.9%-2.5%824-15.9K-670.00126.73001352
2025-12-15$26.18$0.0023.4%6.7%16.5%21.1%0.0%2.5%-1.4%779-15.2K-660.00129.39001352
2025-12-16$26.05$0.0023.9%6.9%15.3%22.1%0.0%1.3%-3.1%772-14.8K-660.00128.56001352
2025-12-17$26.10$0.0023.0%6.6%15.2%20.3%0.0%1.8%-2.4%783-14.9K-650.00129.19001352
2025-12-18$26.05$0.0023.0%6.6%15.0%20.3%0.0%0.1%-2.2%794-14.8K-650.00128.03001352
2025-12-19$26.09$0.0024.3%7.0%14.4%22.8%0.0%1.8%-3.5%591-14.8K-650.00129.77001352
2025-12-22$26.20$0.0017.8%5.1%12.2%9.8%0.0%1.8%2.7%941-15.5K-640.00120.19200100
2025-12-23$26.25$0.0018.6%5.3%12.2%11.3%0.0%2.8%1.8%617-13.3K-850.00120.3800100
2025-12-24$26.27$0.0018.9%5.4%11.6%12.0%0.0%3.0%2.9%615-13.4K-850.00126.4100100
2025-12-26$26.25$0.0018.8%5.4%11.5%11.9%0.0%2.8%2.0%622-13.3K-840.00121.0700100
2025-12-29$26.23$0.0019.3%5.5%11.4%12.8%0.0%2.2%2.0%613-13.2K-840.00120.4100100
2025-12-30$26.34$0.0020.2%5.8%11.5%14.6%0.0%2.3%2.4%621-13.5K-840.00117.9400100
2025-12-31$26.32$0.0020.9%6.0%11.4%16.0%0.0%2.6%1.3%600-13.5K-830.00120.8000100