FTC Options History — November 2013

In November 2013, FTC traded between $38.11 and $39.84. ATM implied volatility averaged 11.4%, placing in the 2.9% IV rank vs the trailing year. The 30-day expected move averaged 3.4%. IV traded below realized volatility by 1.2% (HV 20d: 12.5%). Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 20 of 20 days.

Notable Days

  • 2013-11-07: Largest IV spike — 52.3% change
  • 2013-11-07: Highest IV Rank — 4.9%
  • 2013-11-07: Largest Expected Move — 4.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$39.16$38.11$39.84$38.74$39.77
ATM IV11.4%8.9%13.5%10.2%11.6%
Expected Move3.4%2.9%4.0%2.9%3.3%
HV 20d12.5%11.7%15.6%15.6%12.0%
HV 60d13.3%12.7%13.9%13.4%12.7%
IV Rank2.9%0.7%4.9%1.9%3.1%
IV Percentile23.0%1.6%52.9%9.6%24.3%
Term Structure0.7%0.1%2.5%2.5%0.5%
Skew 25d3.5%1.9%4.9%1.9%3.9%
Skew 10d6.8%2.1%9.2%2.1%8.2%
Call IV 25d10.9%9.3%11.7%10.7%10.3%
Put IV 25d14.4%12.6%16.1%12.6%14.3%
Bid-Ask Spread %92.7848.42156.29156.29111.56
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
2013-11-01$38.74$0.0010.2%2.9%15.6%1.9%0.0%1.9%2.5%0000.00156.29N/AN/A0000
2013-11-04$38.95$0.0010.4%3.6%14.9%2.1%0.0%3.4%0.5%0000.0063.66N/AN/A0000
2013-11-05$38.89$0.0011.4%3.7%12.3%3.0%0.0%3.5%0.4%0000.0048.42N/AN/A0000
2013-11-06$38.81$0.008.9%3.5%12.2%0.7%0.0%3.1%0.5%0000.0066.49N/AN/A0000
2013-11-07$38.11$0.0013.5%4.0%12.0%4.9%0.0%4.8%0.2%0000.0072.19N/AN/A0000
2013-11-08$38.73$0.009.5%3.5%13.0%1.2%0.0%3.4%0.5%0000.0075.53N/AN/A0000
2013-11-11$38.83$0.0011.8%3.6%12.9%3.3%0.0%3.9%0.4%0000.0073.18N/AN/A0000
2013-11-12$38.76$0.0011.1%3.6%12.2%2.7%0.0%3.8%0.4%0000.0071.65N/AN/A0000
2013-11-13$39.21$0.0012.4%3.7%12.0%3.8%0.0%4.9%0.7%0000.0072.47N/AN/A0000
2013-11-14$39.45$0.0013.0%3.7%11.8%4.4%0.0%2.5%0.4%0000.0075.48N/AN/A0000
2013-11-15$39.59$0.0010.9%3.1%11.7%2.5%0.0%3.3%1.1%0000.0093.68N/AN/A0000
2013-11-18$39.26$0.0012.7%3.6%12.2%4.1%0.0%2.4%0.6%0000.0075.84N/AN/A0000
2013-11-19$39.09$0.0012.4%3.6%12.3%3.9%0.0%4.0%0.6%0000.0092.70N/AN/A0000
2013-11-20$38.97$0.0012.0%3.4%12.0%3.5%0.0%3.1%0.3%0000.0094.81N/AN/A0000
2013-11-21$39.43$0.0012.4%3.6%12.5%3.9%0.0%3.5%0.1%0000.00115.82N/AN/A0000
2013-11-22$39.63$0.0010.5%3.0%12.5%2.2%0.0%3.7%1.2%0000.00128.19N/AN/A0000
2013-11-25$39.52$0.0010.9%3.1%12.5%2.5%0.0%3.2%0.8%0000.00127.12N/AN/A0000
2013-11-26$39.65$0.0011.1%3.2%12.1%2.7%0.0%4.3%0.9%0000.00128.69N/AN/A0000
2013-11-27$39.84$0.0010.9%3.1%12.0%2.5%0.0%3.6%1.2%0000.00111.74N/AN/A0000
2013-11-29$39.77$0.0011.6%3.3%12.0%3.1%0.0%3.9%0.5%0000.00111.56N/AN/A0000