FTC Options History — March 2017

In March 2017, FTC traded between $52.11 and $53.03. ATM implied volatility averaged 14.4%, placing in the 31.5% IV rank vs the trailing year. The 30-day expected move averaged 3.6%. IV traded above realized volatility by 5.8% (HV 20d: 8.6%). Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 17 of 23 days.

Notable Days

  • 2017-03-15: Largest IV drop — 49.6% change
  • 2017-03-14: Highest IV Rank — 100.0%
  • 2017-03-03: Largest Expected Move — 4.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$52.53$52.11$53.03$53.01$52.72
ATM IV14.4%10.9%26.0%13.5%10.9%
Expected Move3.6%3.1%4.2%3.9%3.1%
HV 20d8.6%7.0%10.0%7.0%8.0%
HV 60d8.0%7.3%8.3%8.1%7.3%
IV Rank31.5%11.0%100.0%26.2%11.0%
IV Percentile50.4%2.4%100.0%50.4%2.4%
Term Structure0.9%-3.4%3.3%-3.4%0.7%
Skew 25d1.8%-4.5%4.5%3.4%-3.6%
Skew 10d3.6%-3.1%6.2%1.4%3.2%
Call IV 25d12.6%10.5%15.3%14.9%13.4%
Put IV 25d14.5%8.4%18.2%18.2%9.8%
Bid-Ask Spread %128.37115.47143.02115.47128.11
Net GEX00000
Net DEX00000
Net VEX00000
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI00000

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-03-01$53.01$0.0013.5%3.9%7.0%26.2%0.0%3.4%-3.4%0000.00115.47N/AN/A0000
2017-03-02$52.55$0.0014.4%4.1%7.8%32.0%0.0%1.0%-1.3%0000.00131.68N/AN/A0000
2017-03-03$52.62$0.0014.8%4.2%7.8%34.1%0.0%2.1%1.4%0000.00143.02N/AN/A0000
2017-03-06$52.51$0.0015.5%3.2%7.6%38.1%0.0%3.6%2.1%0000.00126.37N/AN/A0000
2017-03-07$52.34$0.0015.4%3.7%7.7%37.9%0.0%2.9%3.3%0000.00128.40N/AN/A0000
2017-03-08$52.11$0.0016.7%3.4%8.0%45.3%0.0%2.9%2.8%0000.00129.38N/AN/A0000
2017-03-09$52.22$0.0015.3%3.4%7.9%37.3%0.0%3.2%2.7%0000.00129.57N/AN/A0000
2017-03-10$52.41$0.0016.2%3.7%7.8%42.2%0.0%3.8%3.1%0000.00126.83N/AN/A0000
2017-03-13$52.58$0.0022.9%3.5%7.8%81.7%0.0%2.2%-1.0%0000.00129.20N/AN/A0000
2017-03-14$52.43$0.0026.0%3.7%7.8%100.0%0.0%1.8%2.7%0000.00128.79N/AN/A0000
2017-03-15$53.03$0.0013.1%3.8%8.7%24.1%0.0%4.5%-0.3%0000.00126.13N/AN/A0000
2017-03-16$52.75$0.0010.9%3.1%8.9%11.2%0.0%-0.1%1.4%0000.00130.87N/AN/A0000
2017-03-17$52.97$0.0011.5%3.3%8.9%14.3%0.0%2.6%0.5%0000.00128.18N/AN/A0000
2017-03-20$52.84$0.0011.7%3.3%9.0%15.6%0.0%3.0%-1.7%0000.00128.38N/AN/A0000
2017-03-21$52.17$0.0012.9%3.7%9.9%22.8%0.0%-0.3%0.2%0000.00126.31N/AN/A0000
2017-03-22$52.37$0.0012.4%3.6%9.9%19.9%0.0%2.8%0.9%0000.00127.82N/AN/A0000
2017-03-23$52.28$0.0013.7%3.9%9.9%27.6%0.0%3.5%1.0%0000.00123.88N/AN/A0000
2017-03-24$52.36$0.0013.9%4.0%9.9%28.6%0.0%3.4%0.6%0000.00124.31N/AN/A0000
2017-03-27$52.21$0.0014.3%4.1%9.9%31.3%0.0%0.1%-0.5%0000.00129.39N/AN/A0000
2017-03-28$52.53$0.0011.2%3.2%10.0%12.6%0.0%-4.5%0.7%0000.00127.29N/AN/A0000
2017-03-29$52.56$0.0012.2%3.5%8.6%18.6%0.0%2.8%2.9%0000.00133.47N/AN/A0000
2017-03-30$52.66$0.0011.0%3.2%8.0%11.6%0.0%0.7%1.3%0000.00129.70N/AN/A0000
2017-03-31$52.72$0.0010.9%3.1%8.0%11.0%0.0%-3.6%0.7%0000.00128.11N/AN/A0000