FTC Options History — November 2016

In November 2016, FTC traded between $47.23 and $49.80. ATM implied volatility averaged 15.6%, placing in the 29.5% IV rank vs the trailing year. The 30-day expected move averaged 4.3%. IV traded above realized volatility by 4.5% (HV 20d: 11.1%). Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 6 of 21 days.

Notable Days

  • 2016-11-09: Largest IV drop — 40.9% change
  • 2016-11-08: Highest IV Rank — 53.4%
  • 2016-11-01: Largest Expected Move — 5.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$48.80$47.23$49.80$47.96$49.43
ATM IV15.6%12.3%20.8%19.6%15.7%
Expected Move4.3%3.5%5.6%5.6%4.5%
HV 20d11.1%9.5%12.2%9.5%10.7%
HV 60d11.7%10.8%12.1%10.8%12.1%
IV Rank29.5%14.9%53.4%47.5%29.9%
IV Percentile50.9%22.6%81.7%78.2%59.5%
Term Structure-1.3%-5.2%0.5%-1.5%-4.8%
Skew 25d4.1%0.6%10.3%3.8%0.6%
Skew 10d4.7%0.1%10.7%3.7%4.7%
Call IV 25d14.3%10.5%20.5%20.5%16.9%
Put IV 25d18.4%13.6%25.4%24.3%17.5%
Bid-Ask Spread %131.29105.84162.35121.94149.31
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
2016-11-01$47.96$0.0019.6%5.6%9.5%47.5%0.0%3.8%-1.5%0000.00121.94N/AN/A0000
2016-11-02$47.54$0.0019.3%5.5%9.8%46.5%0.0%6.0%-5.2%0000.00131.96N/AN/A0000
2016-11-03$47.23$0.0020.3%5.4%9.9%51.1%0.0%4.0%-0.5%0000.00123.74N/AN/A0000
2016-11-04$47.29$0.0019.7%4.7%9.9%48.3%0.0%2.6%0.5%0000.00110.18N/AN/A0000
2016-11-07$48.20$0.0020.6%4.7%12.2%52.1%0.0%8.6%-1.4%0000.00122.72N/AN/A0000
2016-11-08$48.66$0.0020.8%4.3%11.3%53.4%0.0%8.4%-1.1%0000.00122.02N/AN/A0000
2016-11-09$48.76$0.0012.3%3.5%11.3%14.9%0.0%10.3%-0.8%0000.00121.13N/AN/A0000
2016-11-10$48.59$0.0013.6%3.9%11.3%20.7%0.0%2.2%-0.9%0000.00105.84N/AN/A0000
2016-11-11$48.52$0.0013.7%3.9%11.3%21.1%0.0%5.3%-2.4%0000.00133.61N/AN/A0000
2016-11-14$48.42$0.0015.4%4.4%11.3%28.7%0.0%4.3%0.3%0000.00124.34N/AN/A0000
2016-11-15$49.02$0.0012.9%3.7%11.8%17.4%0.0%3.9%0.3%0000.00126.06N/AN/A0000
2016-11-16$49.04$0.0013.7%3.9%11.8%21.0%0.0%5.9%-1.9%0000.00141.44N/AN/A0000
2016-11-17$49.34$0.0014.0%4.0%11.9%22.5%0.0%3.4%-0.0%0000.00138.27N/AN/A0000
2016-11-18$49.25$0.0012.6%3.6%11.9%16.3%0.0%2.2%0.4%0000.00110.84N/AN/A0000
2016-11-21$49.53$0.0013.4%3.8%11.9%19.7%0.0%5.1%-1.0%0000.00144.16N/AN/A0000
2016-11-22$49.59$0.0013.0%3.7%11.4%17.8%0.0%2.8%-2.1%0000.00132.12N/AN/A0000
2016-11-23$49.62$0.0012.6%3.6%11.0%16.1%0.0%1.2%0.0%0000.00148.76N/AN/A0000
2016-11-25$49.80$0.0013.9%4.0%10.7%21.9%0.0%2.4%-2.9%0000.00143.26N/AN/A0000
2016-11-28$49.43$0.0016.2%4.7%11.2%32.6%0.0%1.7%-1.7%0000.00143.02N/AN/A0000
2016-11-29$49.58$0.0013.4%3.8%11.2%19.6%0.0%1.7%0.0%0000.00162.35N/AN/A0000
2016-11-30$49.43$0.0015.7%4.5%10.7%29.9%0.0%0.6%-4.8%0000.00149.31N/AN/A0000