FTC Options History — January 2017

In January 2017, FTC traded between $49.37 and $51.00. ATM implied volatility averaged 13.5%, placing in the 20.0% IV rank vs the trailing year. The 30-day expected move averaged 3.7%. IV traded above realized volatility by 4.4% (HV 20d: 9.0%). Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 12 of 20 days.

Notable Days

  • 2017-01-11: Largest IV drop — 26.1% change
  • 2017-01-09: Highest IV Rank — 30.7%
  • 2017-01-03: Largest Expected Move — 4.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$50.33$49.37$51.00$49.37$50.72
ATM IV13.5%11.0%15.8%15.3%13.4%
Expected Move3.7%3.1%4.4%4.4%3.8%
HV 20d9.0%7.4%10.5%10.0%7.4%
HV 60d10.5%10.0%11.2%11.0%10.0%
IV Rank20.0%8.8%30.7%28.5%19.6%
IV Percentile40.4%3.2%66.3%61.5%42.1%
Term Structure20.4%-3.1%48.1%-0.1%-0.6%
Skew 25d3.4%0.6%8.1%0.6%5.5%
Skew 10d3.8%-0.7%8.1%1.4%3.8%
Call IV 25d20.9%10.2%58.9%16.0%11.5%
Put IV 25d24.3%14.9%66.6%16.6%17.0%
Bid-Ask Spread %149.56136.61159.35136.61159.35
Net GEX00000
Net DEX00000
Net VEX00000
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI00000

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-01-03$49.37$0.0015.3%4.4%10.0%28.5%0.0%0.6%-0.1%0000.00136.61N/AN/A0000
2017-01-04$49.98$0.0013.4%3.8%10.5%19.6%0.0%0.6%-2.7%0000.00138.88N/AN/A0000
2017-01-05$49.99$0.0015.4%3.7%10.5%28.9%0.0%1.4%41.0%0000.00143.68N/AN/A0000
2017-01-06$50.32$0.0014.7%3.4%9.8%25.7%0.0%3.0%40.6%0000.00146.04N/AN/A0000
2017-01-09$50.15$0.0015.8%3.5%9.8%30.7%0.0%1.4%41.0%0000.00148.46N/AN/A0000
2017-01-10$50.16$0.0015.1%3.6%9.8%27.2%0.0%1.3%46.0%0000.00149.91N/AN/A0000
2017-01-11$50.22$0.0011.1%3.2%9.7%9.5%0.0%1.6%43.1%0000.00147.16N/AN/A0000
2017-01-12$50.13$0.0011.0%3.2%9.2%9.0%0.0%1.6%41.9%0000.00143.77N/AN/A0000
2017-01-13$50.32$0.0012.9%3.7%8.8%17.7%0.0%2.2%41.4%0000.00153.23N/AN/A0000
2017-01-17$50.14$0.0012.5%3.6%8.9%15.5%0.0%4.6%9.3%0000.00152.54N/AN/A0000
2017-01-18$50.30$0.0013.0%3.7%8.7%18.1%0.0%5.8%42.3%0000.00155.59N/AN/A0000
2017-01-19$50.18$0.0013.3%3.8%8.7%19.1%0.0%8.1%25.3%0000.00148.09N/AN/A0000
2017-01-20$50.29$0.0013.3%3.8%8.7%19.1%0.0%7.7%48.1%0000.00151.51N/AN/A0000
2017-01-23$50.30$0.0012.9%3.7%8.5%17.4%0.0%5.5%-0.5%0000.00154.59N/AN/A0000
2017-01-24$50.75$0.0011.0%3.1%8.7%8.8%0.0%4.7%-0.2%0000.00152.30N/AN/A0000
2017-01-25$51.00$0.0013.7%3.9%8.8%20.9%0.0%3.4%-3.1%0000.00148.28N/AN/A0000
2017-01-26$50.86$0.0012.5%3.6%8.8%15.7%0.0%3.3%-2.1%0000.00156.34N/AN/A0000
2017-01-27$50.90$0.0014.3%4.1%7.6%23.8%0.0%3.1%-3.1%0000.00149.44N/AN/A0000
2017-01-30$50.60$0.0014.7%4.2%8.0%25.6%0.0%3.1%1.3%0000.00155.39N/AN/A0000
2017-01-31$50.72$0.0013.4%3.8%7.4%19.6%0.0%5.5%-0.6%0000.00159.35N/AN/A0000