FTC Options History — December 2016

In December 2016, FTC traded between $48.46 and $50.25. ATM implied volatility averaged 15.4%, placing in the 28.9% IV rank vs the trailing year. The 30-day expected move averaged 3.7%. IV traded above realized volatility by 4.0% (HV 20d: 11.4%). Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 15 of 21 days.

Notable Days

  • 2016-12-14: Largest IV drop — 52.4% change
  • 2016-12-13: Highest IV Rank — 76.6%
  • 2016-12-01: Largest Expected Move — 4.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$49.55$48.46$50.25$48.46$49.00
ATM IV15.4%11.4%26.0%16.8%13.9%
Expected Move3.7%3.3%4.8%4.8%4.0%
HV 20d11.4%9.7%12.7%12.7%9.7%
HV 60d11.2%10.8%12.7%12.7%10.9%
IV Rank28.9%10.8%76.6%35.1%21.9%
IV Percentile49.6%10.7%95.6%65.5%48.4%
Term Structure17.1%-5.3%54.4%-5.3%0.7%
Skew 25d2.5%-0.1%7.1%2.5%0.7%
Skew 10d2.5%0.4%5.0%0.8%4.1%
Call IV 25d13.4%7.9%17.9%17.9%15.2%
Put IV 25d15.9%11.2%20.3%20.3%15.9%
Bid-Ask Spread %151.18132.01174.66139.62137.53
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
2016-12-01$48.46$0.0016.8%4.8%12.7%35.1%0.0%2.5%-5.3%0000.00139.62N/AN/A0000
2016-12-02$48.66$0.0014.9%4.3%12.4%26.7%0.0%1.1%-1.6%0000.00140.23N/AN/A0000
2016-12-05$49.04$0.0018.4%3.5%12.6%42.5%0.0%7.1%35.3%0000.00132.01N/AN/A0000
2016-12-06$49.19$0.0016.0%3.3%10.8%31.6%0.0%2.6%34.2%0000.00160.86N/AN/A0000
2016-12-07$49.80$0.0014.7%3.3%11.2%25.7%0.0%3.3%38.2%0000.00151.62N/AN/A0000
2016-12-08$50.03$0.0017.9%3.4%11.2%39.9%0.0%5.5%27.9%0000.00157.57N/AN/A0000
2016-12-09$50.00$0.0019.0%3.5%11.1%45.0%0.0%2.2%36.0%0000.00160.49N/AN/A0000
2016-12-12$49.82$0.0024.1%4.0%11.2%68.0%0.0%1.0%36.7%0000.00149.32N/AN/A0000
2016-12-13$50.25$0.0026.0%3.3%11.4%76.6%0.0%3.9%31.4%0000.00173.66N/AN/A0000
2016-12-14$49.84$0.0012.4%3.5%11.3%15.1%0.0%0.8%36.5%0000.00148.24N/AN/A0000
2016-12-15$49.98$0.0012.2%3.5%11.3%14.5%0.0%4.8%36.5%0000.00174.66N/AN/A0000
2016-12-16$49.70$0.0011.4%3.3%11.3%10.8%0.0%3.3%-1.5%0000.00161.31N/AN/A0000
2016-12-19$49.81$0.0011.8%3.4%11.3%12.6%0.0%1.9%54.4%0000.00169.45N/AN/A0000
2016-12-20$49.90$0.0012.2%3.5%11.2%14.2%0.0%3.3%0.3%0000.00170.84N/AN/A0000
2016-12-21$49.67$0.0013.3%3.8%11.3%19.4%0.0%2.3%-2.5%0000.00141.02N/AN/A0000
2016-12-22$49.41$0.0013.5%3.9%11.5%20.3%0.0%1.1%2.8%0000.00140.93N/AN/A0000
2016-12-23$49.57$0.0013.1%3.7%11.4%18.3%0.0%1.8%0.9%0000.00144.04N/AN/A0000
2016-12-27$49.83$0.0013.6%3.9%11.3%20.7%0.0%2.6%-2.1%0000.00140.37N/AN/A0000
2016-12-28$49.30$0.0013.4%3.8%11.9%19.7%0.0%-0.1%-1.7%0000.00140.95N/AN/A0000
2016-12-29$49.37$0.0015.4%4.4%11.8%28.6%0.0%1.0%1.2%0000.00140.13N/AN/A0000
2016-12-30$49.00$0.0013.9%4.0%9.7%21.9%0.0%0.7%0.7%0000.00137.53N/AN/A0000