FTAG Options History — January 2026

In January 2026, FTAG traded between $26.55 and $28.38. ATM implied volatility averaged 22.6%, placing in the 19.4% IV rank vs the trailing year. The 30-day expected move averaged 6.2%. IV traded above realized volatility by 9.6% (HV 20d: 13.0%). Max pain ranged from $25.00 to $25.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 5 of 20 days. Put/call ratio averaged 1.00.

Notable Days

2026-01-08: Highest Volume — 10 contracts
2026-01-14: Largest IV drop — 34.4% change
2026-01-13: Highest IV Rank — 40.7%
2026-01-16: Largest Expected Move — 7.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$27.51	$26.55	$28.38	$26.55	$28.12
Max Pain	$25.00	$25.00	$25.00	$25.00	$25.00
ATM IV	22.6%	18.3%	33.3%	19.9%	20.8%
Expected Move	6.2%	5.2%	7.1%	5.7%	6.0%
HV 20d	13.0%	8.9%	16.8%	11.8%	16.8%
HV 60d	13.1%	11.9%	14.2%	12.6%	14.1%
IV Rank	19.4%	10.8%	40.7%	14.0%	15.8%
IV Percentile	50.8%	19.0%	88.5%	33.7%	38.5%
Term Structure	-1.1%	-4.4%	3.9%	1.1%	0.5%
VWIV	26.1%	26.1%	26.1%	26.1%	26.1%
Skew 25d	1.4%	-0.6%	3.4%	1.7%	0.3%
Skew 10d	3.3%	0.8%	16.6%	4.2%	0.9%
Call IV 25d	22.8%	19.3%	26.0%	21.9%	22.0%
Put IV 25d	24.2%	21.6%	26.6%	23.5%	22.2%
Bid-Ask Spread %	122.48	113.30	130.01	117.84	114.26
Gamma HHI	0.60	0.39	1.00	1.00	0.42
Net GEX	975	612	1.4K	626	779
Net DEX	-35.2K	-45.9K	-12.9K	-14.1K	-44.0K
Net VEX	-92	-102	-80	-83	-90
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.00	0.00	2.00	0.00	2.00
Total Volume	0.7	0	10	0	0
Total OI	19.05	10	24	10	24

Daily Data (20 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
2026-01-02	$26.55	$0.00	19.9%	5.7%	11.8%	14.0%	0.0%	1.7%	1.1%	626	-14.1K	-83	0.00	117.84	0	0	10	0
2026-01-05	$26.57	$0.00	21.8%	6.0%	11.6%	17.8%	0.0%	2.5%	-1.8%	634	-14.1K	-83	0.00	128.22	0	0	10	0
2026-01-06	$26.91	$0.00	22.4%	6.4%	11.4%	19.0%	0.0%	2.4%	-1.9%	626	-15.1K	-83	0.00	130.01	0	0	10	0
2026-01-07	$26.66	$0.00	24.2%	6.0%	12.1%	22.6%	0.0%	0.4%	-1.5%	612	-14.4K	-83	0.00	127.51	0	0	10	0
2026-01-08	$27.01	$0.00	21.1%	6.3%	12.0%	16.5%	26.1%	2.9%	-1.7%	644	-12.9K	-80	0.00	123.22	10	0	10	0
2026-01-09	$27.13	$25.00	22.4%	6.1%	10.1%	19.1%	0.0%	2.2%	-1.3%	1.4K	-39.2K	-102	0.00	128.45	0	0	20	0
2026-01-12	$27.09	$25.00	27.5%	6.5%	8.9%	29.2%	0.0%	2.0%	-2.4%	1.4K	-39.1K	-101	0.00	126.27	0	0	20	0
2026-01-13	$27.38	$25.00	33.3%	6.7%	9.4%	40.7%	0.0%	3.4%	-2.4%	1.3K	-40.7K	-98	0.00	129.87	0	0	20	0
2026-01-14	$27.77	$25.00	21.9%	6.3%	9.9%	17.9%	0.0%	2.1%	-2.2%	1.2K	-43.1K	-93	0.00	125.02	0	0	20	0
2026-01-15	$27.87	$25.00	22.1%	6.3%	9.4%	18.5%	0.0%	3.0%	-1.0%	1.1K	-41.8K	-94	0.00	126.84	0	0	20	0
2026-01-16	$27.36	$25.00	24.8%	7.1%	12.2%	23.8%	0.0%	0.2%	-3.4%	1.3K	-40.7K	-97	0.00	129.24	0	0	20	0
2026-01-20	$27.04	$25.00	21.7%	6.2%	13.1%	17.6%	0.0%	-0.6%	-1.7%	1.4K	-37.7K	-101	2.00	117.58	1	2	20	0
2026-01-21	$27.57	$25.00	20.4%	5.9%	14.5%	15.1%	0.0%	1.0%	-1.9%	1.3K	-41.1K	-98	0.00	119.54	0	1	21	2
2026-01-22	$27.90	$25.00	21.5%	6.2%	14.9%	17.2%	0.0%	0.2%	-1.6%	1.1K	-41.9K	-102	0.00	117.11	0	0	21	3
2026-01-23	$28.33	$25.00	18.3%	5.2%	15.5%	10.8%	0.0%	2.8%	3.9%	719	-45.9K	-88	0.00	117.92	0	0	21	3
2026-01-26	$28.04	$25.00	23.8%	6.8%	16.2%	21.8%	0.0%	-0.6%	-2.7%	1.1K	-42.4K	-99	0.00	116.63	0	0	21	3
2026-01-27	$28.38	$25.00	20.5%	5.9%	16.5%	15.3%	0.0%	0.5%	2.0%	791	-45.8K	-88	0.00	123.49	0	0	21	3
2026-01-28	$28.32	$25.00	20.2%	5.8%	16.5%	14.6%	0.0%	1.0%	3.1%	711	-45.8K	-86	0.00	117.35	0	0	21	3
2026-01-29	$28.19	$25.00	23.1%	6.6%	16.8%	20.4%	0.0%	-0.2%	-4.4%	929	-43.3K	-94	0.00	113.30	0	0	21	3
2026-01-30	$28.12	$25.00	20.8%	6.0%	16.8%	15.8%	0.0%	0.3%	0.5%	779	-44.0K	-90	0.00	114.26	0	0	21	3