FTC Options History — February 2017

In February 2017, FTC traded between $50.55 and $52.43. ATM implied volatility averaged 13.6%, placing in the 23.5% IV rank vs the trailing year. The 30-day expected move averaged 3.7%. IV traded above realized volatility by 7.4% (HV 20d: 6.1%). Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 14 of 19 days.

Notable Days

  • 2017-02-08: Largest IV drop — 26.7% change
  • 2017-02-27: Highest IV Rank — 33.0%
  • 2017-02-01: Largest Expected Move — 4.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$51.68$50.55$52.43$50.55$52.26
ATM IV13.6%11.5%16.1%15.0%14.5%
Expected Move3.7%3.2%4.3%4.3%4.2%
HV 20d6.1%5.4%7.2%7.2%5.4%
HV 60d9.1%8.8%9.9%9.9%8.8%
IV Rank23.5%11.2%33.0%27.1%32.5%
IV Percentile45.8%13.9%75.8%65.5%64.7%
Term Structure29.5%-3.8%49.0%1.7%-3.8%
Skew 25d2.0%-0.7%6.3%4.6%-0.3%
Skew 10d2.5%-5.3%5.8%3.9%-5.3%
Call IV 25d12.8%11.4%15.0%11.4%15.0%
Put IV 25d14.8%13.1%17.6%16.0%14.7%
Bid-Ask Spread %139.72119.13158.64158.64132.79
Net GEX00000
Net DEX00000
Net VEX00000
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI00000

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-02-01$50.55$0.0015.0%4.3%7.2%27.1%0.0%4.6%1.7%0000.00158.64N/AN/A0000
2017-02-02$50.73$0.0015.1%3.6%6.0%27.5%0.0%5.3%46.8%0000.00129.71N/AN/A0000
2017-02-03$51.10$0.0014.3%3.2%6.4%24.0%0.0%6.3%44.9%0000.00143.41N/AN/A0000
2017-02-06$51.00$0.0016.1%3.7%6.2%31.7%0.0%0.3%45.5%0000.00119.13N/AN/A0000
2017-02-07$50.96$0.0015.7%3.4%6.0%30.1%0.0%0.2%26.6%0000.00146.73N/AN/A0000
2017-02-08$51.16$0.0011.5%3.3%6.1%11.2%0.0%3.1%48.3%0000.00139.71N/AN/A0000
2017-02-09$51.46$0.0013.3%3.8%6.4%20.2%0.0%3.6%48.0%0000.00135.70N/AN/A0000
2017-02-10$51.61$0.0012.8%3.7%6.3%17.8%0.0%-0.7%49.0%0000.00137.09N/AN/A0000
2017-02-13$51.79$0.0013.0%3.7%6.3%19.7%0.0%2.5%48.5%0000.00141.58N/AN/A0000
2017-02-14$51.82$0.0012.2%3.5%6.0%18.1%0.0%2.6%47.7%0000.00138.65N/AN/A0000
2017-02-15$52.05$0.0012.5%3.6%6.0%20.4%0.0%3.5%47.1%0000.00139.28N/AN/A0000
2017-02-16$51.92$0.0012.0%3.4%6.1%17.6%0.0%1.8%48.4%0000.00146.73N/AN/A0000
2017-02-17$51.99$0.0012.2%3.5%6.1%18.5%0.0%2.7%48.3%0000.00141.31N/AN/A0000
2017-02-21$52.36$0.0012.8%3.7%6.3%22.0%0.0%0.4%19.2%0000.00143.24N/AN/A0000
2017-02-22$52.25$0.0014.0%4.0%5.9%29.2%0.0%0.4%-0.9%0000.00139.30N/AN/A0000
2017-02-23$52.12$0.0012.8%3.7%5.9%22.0%0.0%0.7%-0.5%0000.00144.06N/AN/A0000
2017-02-24$52.27$0.0013.3%3.8%5.8%24.9%0.0%0.5%-1.2%0000.00136.43N/AN/A0000
2017-02-27$52.43$0.0014.6%4.2%5.8%33.0%0.0%-0.0%-2.6%0000.00141.22N/AN/A0000
2017-02-28$52.26$0.0014.5%4.2%5.4%32.5%0.0%-0.3%-3.8%0000.00132.79N/AN/A0000