FTC Options History — July 2014

In July 2014, FTC traded between $42.85 and $44.54. ATM implied volatility averaged 13.1%, placing in the 4.1% IV rank vs the trailing year. The 30-day expected move averaged 3.8%. IV traded above realized volatility by 2.8% (HV 20d: 10.3%). Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 20 of 22 days. Put/call ratio averaged 0.00.

Notable Days

  • 2014-07-17: Highest Volume — 1 contracts
  • 2014-07-02: Largest IV spike — 72.7% change
  • 2014-07-02: Highest IV Rank — 8.7%
  • 2014-07-02: Largest Expected Move — 5.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$43.94$42.85$44.54$44.36$42.85
ATM IV13.1%10.4%18.0%10.4%16.6%
Expected Move3.8%3.0%5.2%3.0%4.8%
HV 20d10.3%8.2%13.0%8.2%13.0%
HV 60d10.8%10.0%13.0%13.0%11.1%
IV Rank4.1%1.6%8.7%1.6%7.4%
IV Percentile45.4%10.3%82.9%10.3%79.8%
Term Structure1.5%-0.5%4.3%2.9%0.7%
Skew 25d0.6%-53.1%9.3%2.4%5.6%
Skew 10d1.6%-53.5%10.1%2.1%4.5%
Call IV 25d13.7%8.3%67.0%8.8%12.4%
Put IV 25d14.4%11.2%17.9%11.2%17.9%
Bid-Ask Spread %115.4796.07181.54112.91104.09
Gamma HHI1.001.001.001.001.00
Net GEX870737992831888
Net DEX-9.8K-11.7K-8.0K-9.8K-8.7K
Net VEX-66-73-59-65-62
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.0450100
Total OI5.4555656

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-07-01$44.36$0.0010.4%3.0%8.2%1.6%0.0%2.4%2.9%831-9.8K-650.00112.91N/AN/A0050
2014-07-02$44.21$0.0018.0%5.2%8.3%8.7%0.0%-53.1%-0.4%790-9.7K-650.00153.10N/AN/A0050
2014-07-03$44.54$0.0010.4%3.0%8.5%1.6%0.0%3.8%-0.5%812-10.2K-650.00139.24N/AN/A0050
2014-07-07$44.18$0.0011.7%3.9%9.0%2.8%0.0%3.6%1.1%802-9.5K-630.0096.07N/AN/A0050
2014-07-08$43.76$0.0011.7%3.7%9.7%2.8%0.0%6.6%1.4%769-8.6K-620.0096.57N/AN/A0050
2014-07-09$44.06$0.0012.3%3.8%10.0%3.3%0.0%-24.8%1.9%790-9.2K-620.00132.71N/AN/A0050
2014-07-10$43.76$0.0013.2%3.8%10.3%4.2%0.0%9.3%4.3%785-8.0K-590.00181.54N/AN/A0050
2014-07-11$43.86$0.0013.4%3.9%9.7%4.4%0.0%6.8%0.7%796-8.6K-610.0096.69N/AN/A0050
2014-07-14$44.04$0.0013.7%3.9%9.7%4.7%0.0%5.8%1.4%801-9.3K-610.00105.48N/AN/A0050
2014-07-15$43.85$0.0012.8%3.7%9.9%3.8%0.0%4.3%2.2%802-8.8K-610.00118.80N/AN/A0050
2014-07-16$43.93$0.0012.9%3.7%9.7%3.9%0.0%4.3%2.2%797-9.0K-610.00103.71N/AN/A0050
2014-07-17$43.35$0.0015.3%4.4%10.6%6.1%0.0%5.0%1.0%737-8.3K-590.00110.67N/AN/A1050
2014-07-18$43.89$0.0012.3%3.5%11.6%3.4%0.0%7.4%2.4%965-10.5K-720.0098.93N/AN/A0060
2014-07-21$43.78$0.0012.3%3.5%11.4%3.3%0.0%3.5%2.6%982-10.1K-690.00103.98N/AN/A0060
2014-07-22$44.09$0.0013.0%3.7%11.7%4.0%0.0%5.8%0.1%973-11.1K-720.00108.12N/AN/A0060
2014-07-23$44.20$0.0013.2%3.8%11.2%4.2%0.0%2.3%1.0%982-11.3K-720.00112.76N/AN/A0060
2014-07-24$44.28$0.0013.3%3.8%11.0%4.3%0.0%2.7%1.4%984-11.7K-730.00113.49N/AN/A0060
2014-07-25$44.09$0.0012.7%3.6%11.1%3.7%0.0%2.5%2.6%951-11.3K-710.00113.15N/AN/A0060
2014-07-28$44.01$0.0013.1%3.7%11.1%4.1%0.0%4.8%1.4%964-11.1K-710.00112.25N/AN/A0060
2014-07-29$43.81$0.0012.7%3.6%11.2%3.7%0.0%1.1%1.8%956-10.6K-710.00113.44N/AN/A0060
2014-07-30$43.86$0.0013.3%3.8%10.3%4.3%0.0%3.7%0.8%992-10.6K-700.00112.76N/AN/A0060
2014-07-31$42.85$0.0016.6%4.8%13.0%7.4%0.0%5.6%0.7%888-8.7K-620.00104.09N/AN/A0060