FTC Options History — April 2013

In April 2013, FTC traded between $32.67 and $33.97. ATM implied volatility averaged 21.4%. The 30-day expected move averaged 6.1%. IV traded above realized volatility by 7.0% (HV 20d: 14.4%). Max pain ranged from $33.00 to $33.00. Net GEX was positive for 7 of 22 trading days. Term structure was in contango for 18 of 22 days.

Notable Days

  • 2013-04-30: Largest IV spike — 644.1% change
  • 2013-04-30: Largest Expected Move — 24.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$33.37$32.67$33.97$33.34$33.88
Max Pain$33.00$33.00$33.00$33.00$33.00
ATM IV21.4%10.8%83.6%12.5%83.6%
Expected Move6.1%2.9%24.0%3.6%24.0%
HV 20d14.4%10.8%17.0%11.1%16.6%
HV 60d14.3%12.8%14.7%12.8%14.1%
Term Structure-3.3%-35.3%2.0%1.5%-35.3%
Skew 25d4.3%-0.6%9.1%3.8%4.2%
Skew 10d-1.7%-50.3%6.4%-50.3%4.2%
Call IV 25d20.7%7.0%97.5%8.8%97.5%
Put IV 25d25.0%11.6%101.8%12.6%101.8%
Bid-Ask Spread %148.28123.58200.00159.16200.00
Gamma HHI0.760.571.000.641.00
Net GEX-1.9K-7.1K1.4K-2.8K564
Net DEX-11.6K-23.8K3.3K-9.6K-19.8K
Net VEX-65-86-42-84-54
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI15.136918189

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2013-04-01$33.34$33.0012.5%3.6%11.1%0.0%0.0%3.8%1.5%-2.8K-9.6K-840.00159.16N/AN/A0099
2013-04-02$33.32$33.0011.7%3.4%10.8%0.0%0.0%2.5%1.7%-3.2K-9.3K-830.00160.80N/AN/A0099
2013-04-03$32.80$33.0013.3%3.8%11.5%0.0%0.0%2.8%-0.1%-2.7K-1.6K-860.00161.28N/AN/A0099
2013-04-04$32.96$33.0013.0%3.7%11.7%0.0%0.0%-0.6%0.2%-3.0K-3.3K-840.00164.38N/AN/A0099
2013-04-05$32.86$0.0011.4%3.7%11.7%0.0%0.0%6.0%0.8%-3.5K-798-820.00130.52N/AN/A0099
2013-04-08$33.12$0.0011.9%3.7%11.7%0.0%0.0%7.1%0.8%-3.9K-6.6K-780.00137.42N/AN/A0099
2013-04-09$33.23$0.0012.6%3.5%11.8%0.0%0.0%3.7%1.6%-4.0K-8.5K-760.00130.28N/AN/A0099
2013-04-10$33.66$0.0011.3%2.9%12.7%0.0%0.0%3.6%2.0%-1.6K-14.4K-670.00133.99N/AN/A0099
2013-04-11$33.82$0.0011.2%3.2%12.7%0.0%0.0%3.8%1.6%-1.6K-16.4K-640.00123.58N/AN/A0099
2013-04-12$33.72$0.0011.2%3.2%12.6%0.0%0.0%2.8%1.1%-1.7K-15.9K-620.00123.61N/AN/A0099
2013-04-15$32.88$0.0014.8%4.2%15.5%0.0%0.0%8.2%0.2%-2.7K-2.5K-700.00140.19N/AN/A0099
2013-04-16$33.36$0.0013.1%3.7%16.3%0.0%0.0%4.2%0.5%-1.9K-9.8K-630.00137.47N/AN/A0099
2013-04-17$32.92$0.0014.9%4.3%16.8%0.0%0.0%9.1%0.4%-4.7K-2.6K-660.00124.60N/AN/A0099
2013-04-18$32.67$0.0014.7%4.2%16.2%0.0%0.0%6.0%0.1%-4.3K3.3K-640.00125.10N/AN/A0099
2013-04-19$33.09$0.0014.1%4.0%16.2%0.0%0.0%7.7%0.8%-7.1K-7.0K-610.00130.96N/AN/A0099
2013-04-22$33.36$0.0014.2%4.1%16.5%0.0%0.0%4.7%0.6%1.3K-20.8K-520.00128.75N/AN/A0090
2013-04-23$33.78$0.0010.8%3.1%17.0%0.0%0.0%2.4%1.8%1.4K-23.8K-430.00137.30N/AN/A0090
2013-04-24$33.72$0.0073.6%21.1%16.8%0.0%0.0%1.5%-29.2%563-19.5K-560.00199.60N/AN/A0090
2013-04-25$33.97$0.0073.9%21.2%17.0%0.0%0.0%4.9%-27.4%564-20.0K-550.00200.00N/AN/A0090
2013-04-26$33.83$0.0011.1%3.2%17.0%0.0%0.0%2.6%2.0%1.2K-23.0K-460.00157.59N/AN/A0090
2013-04-29$33.90$0.0011.2%3.2%16.6%0.0%0.0%3.2%1.5%1.2K-23.5K-420.00155.59N/AN/A0090
2013-04-30$33.88$0.0083.6%24.0%16.6%0.0%0.0%4.2%-35.3%564-19.8K-540.00200.00N/AN/A0090