FTC Options History — September 2014

In September 2014, FTC traded between $43.52 and $44.87. ATM implied volatility averaged 15.1%, placing in the 9.2% IV rank vs the trailing year. The 30-day expected move averaged 4.7%. IV traded above realized volatility by 7.0% (HV 20d: 8.1%). Max pain ranged from $42.00 to $42.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 20 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2014-09-25: Highest Volume — 1 contracts
  • 2014-09-04: Largest IV spike — 475.3% change
  • 2014-09-04: Highest IV Rank — 72.6%
  • 2014-09-29: Largest Expected Move — 5.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$44.30$43.52$44.87$44.85$43.52
Max Pain$42.00$42.00$42.00$42.00$42.00
ATM IV15.1%10.3%62.9%10.7%15.3%
Expected Move4.7%4.4%5.1%4.5%5.0%
HV 20d8.1%6.2%10.7%8.2%10.7%
HV 60d10.6%10.2%11.0%10.3%10.9%
IV Rank9.2%1.9%72.6%2.5%10.1%
IV Percentile46.7%7.9%98.8%13.5%73.8%
Term Structure0.7%-25.7%4.3%1.7%1.2%
VWIV18.9%18.9%18.9%18.9%18.9%
Skew 25d5.0%-0.7%9.7%1.0%3.0%
Skew 10d4.7%0.7%17.6%2.9%3.5%
Call IV 25d12.8%7.6%71.4%9.8%12.2%
Put IV 25d17.8%9.8%81.1%10.8%15.2%
Bid-Ask Spread %56.7534.23178.8758.4550.33
Gamma HHI0.980.831.001.000.83
Net GEX1.2K7221.4K1.3K1.3K
Net DEX-11.5K-13.2K-8.7K-12.7K-11.5K
Net VEX-61-67-52-65-64
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.0480100
Total OI6.1436767

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2014-09-02$44.85$0.0010.7%4.5%8.2%2.5%0.0%1.0%1.7%1.3K-12.7K-650.0058.45N/AN/A0060
2014-09-03$44.72$0.0010.9%4.5%7.2%2.8%0.0%-0.7%1.6%1.2K-12.7K-650.0059.25N/AN/A0060
2014-09-04$44.57$0.0062.9%4.9%7.2%72.6%0.0%9.7%-25.7%722-13.2K-650.00178.87N/AN/A0060
2014-09-05$44.87$0.0010.3%4.5%6.8%1.9%0.0%7.4%3.3%1.2K-12.6K-640.0054.94N/AN/A0060
2014-09-08$44.74$0.0011.4%4.6%6.2%4.0%0.0%5.2%2.5%1.2K-12.5K-630.0050.86N/AN/A0060
2014-09-09$44.39$0.0011.2%4.7%7.1%3.7%0.0%4.6%1.3%1.2K-11.8K-620.0058.29N/AN/A0060
2014-09-10$44.59$0.0010.6%4.6%6.9%2.8%0.0%5.0%2.7%1.2K-11.9K-630.0060.17N/AN/A0060
2014-09-11$44.61$0.0012.1%4.5%6.5%5.1%0.0%6.0%2.4%1.2K-11.9K-620.0058.61N/AN/A0060
2014-09-12$44.26$0.0014.0%4.7%7.2%8.0%0.0%3.4%1.6%1.2K-11.1K-610.0055.95N/AN/A0060
2014-09-15$44.03$0.0014.7%4.9%7.4%9.1%0.0%2.3%1.4%1.2K-10.3K-580.0055.39N/AN/A0060
2014-09-16$44.45$0.0015.0%4.8%7.7%9.7%0.0%6.0%1.6%1.3K-11.2K-610.0043.96N/AN/A0060
2014-09-17$44.45$0.0013.2%4.7%7.5%6.8%0.0%4.9%2.1%1.3K-11.5K-600.0054.37N/AN/A0060
2014-09-18$44.68$0.0011.5%4.4%7.4%4.1%0.0%2.3%2.9%1.3K-12.1K-600.0051.15N/AN/A0060
2014-09-19$44.55$0.0010.8%4.4%7.5%3.0%0.0%4.7%4.3%1.3K-12.0K-610.0034.23N/AN/A0060
2014-09-22$44.02$0.0013.9%4.7%8.6%8.0%0.0%6.2%0.9%1.3K-9.8K-560.0045.15N/AN/A0060
2014-09-23$43.70$0.0014.2%4.9%8.7%8.4%0.0%7.1%0.9%1.2K-9.2K-550.0046.15N/AN/A0060
2014-09-24$44.10$0.0013.8%4.8%9.4%7.7%0.0%7.1%1.1%1.3K-10.3K-570.0045.42N/AN/A0060
2014-09-25$43.55$0.0014.2%4.9%10.3%8.4%18.9%7.9%1.4%1.2K-8.7K-520.0046.77N/AN/A1060
2014-09-26$43.85$42.0013.2%4.9%10.7%6.8%0.0%4.6%2.1%1.4K-12.4K-670.0041.21N/AN/A0070
2014-09-29$43.82$42.0013.8%5.1%10.5%7.7%0.0%7.9%2.6%1.3K-12.4K-660.0042.26N/AN/A0070
2014-09-30$43.52$42.0015.3%5.0%10.7%10.1%0.0%3.0%1.2%1.3K-11.5K-640.0050.33N/AN/A0070