FTC Options History — September 2013

In September 2013, FTC traded between $35.62 and $37.82. ATM implied volatility averaged 17.4%, placing in the 8.4% IV rank vs the trailing year. The 30-day expected move averaged 5.0%. IV traded above realized volatility by 4.7% (HV 20d: 12.7%). Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 18 of 20 days.

Notable Days

  • 2013-09-05: Largest IV spike — 446.7% change
  • 2013-09-05: Highest IV Rank — 67.9%
  • 2013-09-05: Largest Expected Move — 23.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$36.97$35.62$37.82$35.62$37.17
ATM IV17.4%10.3%83.3%15.0%17.2%
Expected Move5.0%3.0%23.9%4.3%4.9%
HV 20d12.7%9.4%14.8%13.6%9.5%
HV 60d12.4%11.2%14.3%14.1%11.3%
IV Rank8.4%2.0%67.9%6.3%8.2%
IV Percentile59.5%10.2%96.6%77.1%87.7%
Term Structure-0.4%-32.6%4.0%1.2%-0.4%
Skew 25d4.7%-0.5%7.4%5.8%6.3%
Skew 10d7.7%0.2%36.4%8.8%11.3%
Call IV 25d15.9%7.6%95.6%13.2%13.4%
Put IV 25d20.6%12.1%103.0%19.1%19.7%
Bid-Ask Spread %135.43112.21200.00132.01135.15
Net GEX00000
Net DEX00000
Net VEX00000
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI00000

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2013-09-03$35.62$0.0015.0%4.3%13.6%6.3%0.0%5.8%1.2%0000.00132.01N/AN/A0000
2013-09-04$36.05$0.0015.2%4.4%14.4%6.4%0.0%6.3%0.9%0000.00145.94N/AN/A0000
2013-09-05$36.17$0.0083.3%23.9%14.2%67.9%0.0%7.4%-32.6%0000.00200.00N/AN/A0000
2013-09-06$36.17$0.0014.8%4.5%14.1%6.1%0.0%6.3%1.0%0000.00115.33N/AN/A0000
2013-09-09$36.47$0.0015.4%4.7%14.4%6.6%0.0%7.4%0.1%0000.00112.21N/AN/A0000
2013-09-10$36.80$0.0013.3%4.0%14.8%4.7%0.0%3.8%2.0%0000.00121.29N/AN/A0000
2013-09-11$36.97$0.0011.9%3.9%14.8%3.5%0.0%3.8%1.5%0000.00124.87N/AN/A0000
2013-09-12$36.87$0.0013.2%3.8%14.5%4.6%0.0%4.1%1.8%0000.00122.80N/AN/A0000
2013-09-13$36.99$0.0013.7%3.9%12.9%5.0%0.0%4.5%1.7%0000.00123.92N/AN/A0000
2013-09-16$37.23$0.0014.5%4.2%13.0%5.8%0.0%4.0%1.1%0000.00119.61N/AN/A0000
2013-09-17$37.37$0.0014.8%4.2%12.5%6.0%0.0%4.5%1.1%0000.00121.25N/AN/A0000
2013-09-18$37.82$0.0012.2%3.5%12.7%3.6%0.0%-0.5%1.5%0000.00156.21N/AN/A0000
2013-09-19$37.81$0.0011.9%3.4%12.2%3.4%0.0%2.3%2.5%0000.00130.61N/AN/A0000
2013-09-20$37.56$0.0010.3%3.0%12.2%2.0%0.0%4.4%4.0%0000.00135.60N/AN/A0000
2013-09-23$37.18$0.0013.8%4.0%12.9%5.1%0.0%4.2%1.6%0000.00134.87N/AN/A0000
2013-09-24$37.25$0.0014.2%4.1%12.8%5.5%0.0%3.2%1.5%0000.00148.79N/AN/A0000
2013-09-25$37.15$0.0013.3%3.8%9.4%4.7%0.0%7.0%1.2%0000.00141.06N/AN/A0000
2013-09-26$37.36$0.0013.7%3.9%9.5%5.1%0.0%4.0%0.7%0000.00145.94N/AN/A0000
2013-09-27$37.36$0.0015.6%4.5%9.5%6.8%0.0%5.0%0.3%0000.00141.08N/AN/A0000
2013-09-30$37.17$0.0017.2%4.9%9.5%8.2%0.0%6.3%-0.4%0000.00135.15N/AN/A0000