FTC Options History — May 2014

In May 2014, FTC traded between $41.06 and $42.75. ATM implied volatility averaged 24.8%, placing in the 15.1% IV rank vs the trailing year. The 30-day expected move averaged 5.4%. IV traded above realized volatility by 11.0% (HV 20d: 13.8%). Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 0 of 21 days.

Notable Days

  • 2014-05-15: Largest IV drop — 61.9% change
  • 2014-05-14: Highest IV Rank — 36.1%
  • 2014-05-02: Largest Expected Move — 7.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$41.67$41.06$42.75$41.26$42.75
ATM IV24.8%17.7%47.2%23.6%19.9%
Expected Move5.4%4.8%7.0%6.8%5.7%
HV 20d13.8%11.7%19.2%19.2%11.7%
HV 60d14.9%14.5%15.3%15.1%14.7%
IV Rank15.1%8.4%36.1%13.9%10.5%
IV Percentile91.0%83.3%95.6%94.8%88.5%
Term Structure-3.7%-10.3%-1.6%-9.2%-2.9%
Skew 25d2.7%-3.9%5.0%2.9%-3.9%
Skew 10d-3.6%-75.3%5.9%-73.6%0.0%
Call IV 25d11.0%8.8%16.3%12.3%16.3%
Put IV 25d13.7%12.4%15.3%15.2%12.4%
Bid-Ask Spread %192.84187.30200.00200.00187.30
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
2014-05-01$41.26$0.0023.6%6.8%19.2%13.9%0.0%2.9%-9.2%0000.00200.00N/AN/A0000
2014-05-02$41.32$0.0024.3%7.0%19.1%14.6%0.0%3.0%-10.3%0000.00200.00N/AN/A0000
2014-05-05$41.49$0.0027.0%5.0%17.8%17.1%0.0%4.0%-3.8%0000.00191.81N/AN/A0000
2014-05-06$41.13$0.0027.7%4.9%16.8%17.7%0.0%4.3%-2.3%0000.00191.46N/AN/A0000
2014-05-07$41.25$0.0028.0%4.8%16.8%18.1%0.0%4.2%-2.2%0000.00193.18N/AN/A0000
2014-05-08$41.09$0.0029.1%5.0%15.6%19.1%0.0%3.7%-2.3%0000.00192.06N/AN/A0000
2014-05-09$41.20$0.0030.8%5.0%11.8%20.7%0.0%3.7%-2.5%0000.00193.95N/AN/A0000
2014-05-12$41.93$0.0037.0%4.8%12.0%26.5%0.0%2.9%-1.9%0000.00191.72N/AN/A0000
2014-05-13$41.91$0.0039.2%5.0%12.1%28.5%0.0%2.8%-2.3%0000.00191.45N/AN/A0000
2014-05-14$41.56$0.0047.2%5.0%12.4%36.1%0.0%3.8%-1.6%0000.00191.15N/AN/A0000
2014-05-15$41.06$0.0018.0%5.2%12.4%8.7%0.0%4.3%-2.9%0000.00195.39N/AN/A0000
2014-05-16$41.25$0.0018.2%5.2%12.3%8.8%0.0%4.3%-3.6%0000.00195.14N/AN/A0000
2014-05-19$41.58$0.0017.9%5.1%12.6%8.6%0.0%3.9%-1.6%0000.00192.87N/AN/A0000
2014-05-20$41.20$0.0019.0%5.5%12.8%9.6%0.0%4.1%-4.4%0000.00193.48N/AN/A0000
2014-05-21$41.64$0.0018.2%5.2%13.4%8.9%0.0%5.0%-2.1%0000.00195.96N/AN/A0000
2014-05-22$41.81$0.0017.7%5.1%13.4%8.4%0.0%4.0%-1.6%0000.00193.67N/AN/A0000
2014-05-23$42.12$0.0018.8%5.4%12.2%9.4%0.0%2.3%-4.3%0000.00192.51N/AN/A0000
2014-05-27$42.44$0.0020.0%5.7%12.0%10.6%0.0%-0.1%-6.4%0000.00189.61N/AN/A0000
2014-05-28$42.45$0.0020.4%5.9%11.8%11.0%0.0%-0.1%-6.9%0000.00188.61N/AN/A0000
2014-05-29$42.66$0.0019.7%5.7%11.7%10.3%0.0%-2.3%-2.1%0000.00188.39N/AN/A0000
2014-05-30$42.75$0.0019.9%5.7%11.7%10.5%0.0%-3.9%-2.9%0000.00187.30N/AN/A0000