FTC Options History — October 2016

In October 2016, FTC traded between $48.18 and $50.22. ATM implied volatility averaged 14.9%, placing in the 25.2% IV rank vs the trailing year. The 30-day expected move averaged 4.4%. IV traded above realized volatility by 3.7% (HV 20d: 11.2%). Max pain ranged from $51.00 to $51.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 12 of 21 days. Put/call ratio averaged 0.18.

Notable Days

  • 2016-10-03: Highest Volume — 13 contracts
  • 2016-10-28: Largest IV spike — 33.1% change
  • 2016-10-28: Highest IV Rank — 59.5%
  • 2016-10-28: Largest Expected Move — 6.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$49.05$48.18$50.22$50.22$48.36
Max Pain$51.00$51.00$51.00$51.00$51.00
ATM IV14.9%11.4%22.2%13.9%18.7%
Expected Move4.4%3.6%6.4%4.0%5.4%
HV 20d11.2%9.4%15.1%14.9%9.6%
HV 60d10.5%9.9%10.7%9.9%10.7%
IV Rank25.2%8.0%59.5%16.2%43.8%
IV Percentile47.3%10.7%88.5%38.9%75.4%
Term Structure-0.2%-4.8%1.2%1.2%-1.9%
VWIV14.5%13.7%15.5%13.7%15.5%
Skew 25d5.0%0.5%8.8%2.0%6.7%
Skew 10d4.1%-1.1%9.6%0.9%5.4%
Call IV 25d13.5%10.2%20.2%12.1%18.1%
Put IV 25d18.4%14.1%24.8%14.1%24.8%
Bid-Ask Spread %125.09108.72144.62123.44135.49
Gamma HHI0.830.631.000.631.00
Net GEX-2.9K-8.2K0-7.8K0
Net DEX63.1K097.8K63.7K0
Net VEX-22-1010-1010
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.180.180.180.180.18
Total Volume9.286013130
Total OI22.857032320

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2016-10-03$50.22$51.0013.9%4.0%14.9%16.2%13.7%2.0%1.2%-7.8K63.7K-1010.18123.44N/AN/A1121121
2016-10-04$49.76$51.0014.6%4.2%15.1%18.7%14.4%2.0%-0.2%-6.9K71.2K-880.18119.77N/AN/A1121121
2016-10-05$49.73$51.0013.4%3.9%15.1%14.8%15.5%3.5%-0.9%-8.2K79.8K-640.18123.55N/AN/A1121121
2016-10-06$49.76$0.0011.4%4.0%15.0%8.0%0.0%8.8%0.2%-7.2K85.0K-500.18111.75N/AN/A1121121
2016-10-07$49.46$0.0012.4%4.4%11.8%11.4%0.0%4.2%0.3%-6.0K79.4K-620.18114.83N/AN/A1121121
2016-10-10$49.70$0.0012.2%3.7%11.0%13.9%0.0%8.3%0.8%-8.0K83.5K-460.18119.80N/AN/A1121121
2016-10-11$48.83$0.0013.9%4.4%11.4%21.6%0.0%5.8%-0.6%-3.4K93.4K-170.18108.72N/AN/A1121121
2016-10-12$48.90$0.0014.4%4.1%11.4%23.9%0.0%6.1%0.7%-3.7K92.9K-180.18120.75N/AN/A1121121
2016-10-13$48.79$0.0015.2%4.4%10.5%27.8%0.0%8.0%-0.3%-2.5K95.0K-90.18122.26N/AN/A1121121
2016-10-14$48.82$0.0015.0%4.3%10.4%27.1%0.0%4.5%0.3%-3.1K94.2K-120.18113.63N/AN/A1121121
2016-10-17$48.64$0.0015.2%4.3%10.4%27.7%0.0%8.2%-0.3%-1.0K96.5K-20.18120.06N/AN/A1121121
2016-10-18$49.01$0.0014.7%4.2%10.8%25.5%0.0%3.8%0.4%-84097.6K-10.18125.84N/AN/A1121121
2016-10-19$49.13$0.0014.0%4.0%10.1%22.3%0.0%4.9%1.2%-1.3K97.5K-10.18124.18N/AN/A1121121
2016-10-20$48.97$0.0014.0%4.0%9.4%22.5%0.0%2.7%0.4%-22697.8K00.18122.88N/AN/A1121121
2016-10-21$48.92$0.0012.7%3.6%9.4%16.7%0.0%5.5%0.7%097.8K00.18122.93N/AN/A1121121
2016-10-24$49.25$0.0014.9%4.3%9.7%26.6%0.0%2.9%-0.7%0000.00144.38N/AN/A0000
2016-10-25$48.83$0.0015.7%4.5%9.9%30.3%0.0%4.1%-4.8%0000.00137.91N/AN/A0000
2016-10-26$48.50$0.0017.2%4.9%10.0%37.0%0.0%7.6%0.7%0000.00131.91N/AN/A0000
2016-10-27$48.18$0.0016.7%4.8%10.1%34.6%0.0%0.5%0.8%0000.00138.24N/AN/A0000
2016-10-28$48.26$0.0022.2%6.4%9.8%59.5%0.0%4.6%-3.2%0000.00144.62N/AN/A0000
2016-10-31$48.36$0.0018.7%5.4%9.6%43.8%0.0%6.7%-1.9%0000.00135.49N/AN/A0000