FTC Options History — December 2013

In December 2013, FTC traded between $39.20 and $40.96. ATM implied volatility averaged 12.4%, placing in the 3.9% IV rank vs the trailing year. The 30-day expected move averaged 3.5%. IV traded above realized volatility by 2.1% (HV 20d: 10.3%). Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 18 of 21 days.

Notable Days

  • 2013-12-11: Largest IV spike — 32.7% change
  • 2013-12-11: Highest IV Rank — 7.4%
  • 2013-12-05: Largest Expected Move — 4.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$39.93$39.20$40.96$39.66$40.96
ATM IV12.4%9.7%16.3%11.8%11.6%
Expected Move3.5%2.8%4.4%3.4%3.3%
HV 20d10.3%9.3%12.3%12.1%9.7%
HV 60d12.8%12.5%13.1%12.7%12.5%
IV Rank3.9%1.5%7.4%3.3%3.1%
IV Percentile39.0%6.7%83.2%26.1%25.1%
Term Structure1.3%-1.2%2.4%0.8%1.3%
Skew 25d3.9%2.5%5.7%4.0%3.8%
Skew 10d8.7%3.0%15.0%7.1%9.9%
Call IV 25d11.2%8.9%13.4%11.3%9.8%
Put IV 25d15.0%11.6%17.7%15.4%13.6%
Bid-Ask Spread %114.5296.67133.24129.79124.01
Net GEX00000
Net DEX00000
Net VEX00000
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI00000

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2013-12-02$39.66$0.0011.8%3.4%12.1%3.3%0.0%4.0%0.8%0000.00129.79N/AN/A0000
2013-12-03$39.40$0.0014.2%4.1%12.3%5.5%0.0%5.3%-0.1%0000.00124.43N/AN/A0000
2013-12-04$39.30$0.0014.1%4.1%12.3%5.4%0.0%4.1%-0.4%0000.00131.44N/AN/A0000
2013-12-05$39.24$0.0015.5%4.4%12.3%6.7%0.0%4.2%-1.2%0000.00124.69N/AN/A0000
2013-12-06$39.67$0.0011.3%3.4%10.7%2.9%0.0%4.1%2.1%0000.00102.59N/AN/A0000
2013-12-09$39.73$0.0011.8%3.4%9.3%3.3%0.0%3.1%2.1%0000.00102.87N/AN/A0000
2013-12-10$39.74$0.0012.3%3.5%9.3%3.8%0.0%3.2%2.0%0000.00104.55N/AN/A0000
2013-12-11$39.20$0.0016.3%4.0%10.6%7.4%0.0%5.3%1.3%0000.0097.25N/AN/A0000
2013-12-12$39.20$0.0014.5%4.2%9.8%5.8%0.0%5.2%1.1%0000.0097.58N/AN/A0000
2013-12-13$39.26$0.0014.4%4.1%9.6%5.7%0.0%5.7%1.0%0000.0099.55N/AN/A0000
2013-12-16$39.57$0.0013.3%3.8%9.9%4.7%0.0%4.5%1.7%0000.0096.67N/AN/A0000
2013-12-17$39.52$0.0013.5%3.9%9.4%4.9%0.0%3.7%1.7%0000.0098.10N/AN/A0000
2013-12-18$40.09$0.0012.1%3.5%10.5%3.6%0.0%2.9%2.1%0000.00110.55N/AN/A0000
2013-12-19$40.10$0.0011.9%3.4%10.3%3.5%0.0%4.1%2.4%0000.00109.21N/AN/A0000
2013-12-20$40.35$0.0012.3%3.5%9.8%3.8%0.0%2.9%2.2%0000.00113.16N/AN/A0000
2013-12-23$40.53$0.009.9%2.8%9.7%1.6%0.0%3.3%1.3%0000.00120.19N/AN/A0000
2013-12-24$40.68$0.009.7%2.8%9.7%1.5%0.0%3.2%1.6%0000.00133.24N/AN/A0000
2013-12-26$40.88$0.009.9%2.8%9.7%1.6%0.0%2.7%1.6%0000.00127.60N/AN/A0000
2013-12-27$40.74$0.009.9%2.8%9.8%1.6%0.0%2.9%1.3%0000.00133.01N/AN/A0000
2013-12-30$40.80$0.0010.8%3.1%9.7%2.4%0.0%2.5%1.2%0000.00124.44N/AN/A0000
2013-12-31$40.96$0.0011.6%3.3%9.7%3.1%0.0%3.8%1.3%0000.00124.01N/AN/A0000