FTC Options History — April 2017

In April 2017, FTC traded between $51.65 and $53.67. ATM implied volatility averaged 12.8%, placing in the 22.3% IV rank vs the trailing year. The 30-day expected move averaged 3.6%. IV traded above realized volatility by 5.5% (HV 20d: 7.3%). Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 9 of 19 days.

Notable Days

  • 2017-04-18: Largest IV drop — 31.1% change
  • 2017-04-17: Highest IV Rank — 40.0%
  • 2017-04-17: Largest Expected Move — 4.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$52.56$51.65$53.67$52.51$53.40
ATM IV12.8%10.8%15.8%11.6%12.2%
Expected Move3.6%3.1%4.5%3.3%3.5%
HV 20d7.3%5.2%8.1%8.1%8.1%
HV 60d7.5%7.2%8.0%7.4%7.9%
IV Rank22.3%10.5%40.0%15.3%18.4%
IV Percentile37.4%1.6%84.1%17.1%23.8%
Term Structure-0.3%-4.4%3.7%1.2%-1.7%
Skew 25d2.8%-0.5%6.9%-0.3%1.3%
Skew 10d2.4%-4.1%9.3%-3.3%-3.8%
Call IV 25d13.2%11.2%15.9%14.0%12.7%
Put IV 25d16.0%13.4%19.0%13.8%14.0%
Bid-Ask Spread %136.17122.17163.84124.78163.84
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
2017-04-03$52.51$0.0011.6%3.3%8.1%15.3%0.0%-0.3%1.2%0000.00124.78N/AN/A0000
2017-04-04$52.40$0.0013.7%3.9%8.1%27.7%0.0%0.6%-1.6%0000.00130.61N/AN/A0000
2017-04-05$52.35$0.0012.5%3.6%7.9%20.4%0.0%1.1%-2.1%0000.00136.82N/AN/A0000
2017-04-06$52.39$0.0014.4%3.7%7.9%31.7%0.0%4.7%0.6%0000.00135.21N/AN/A0000
2017-04-07$52.53$0.0013.8%3.5%7.8%27.8%0.0%3.6%-1.3%0000.00137.06N/AN/A0000
2017-04-10$52.42$0.0015.3%3.7%7.8%37.2%0.0%6.9%2.0%0000.00130.03N/AN/A0000
2017-04-11$52.18$0.0013.9%3.5%7.9%28.7%0.0%1.4%2.1%0000.00124.67N/AN/A0000
2017-04-12$51.97$0.0013.5%3.9%6.7%26.4%0.0%4.5%1.2%0000.00135.69N/AN/A0000
2017-04-13$51.65$0.0012.3%3.5%6.8%19.0%0.0%5.4%-0.2%0000.00128.30N/AN/A0000
2017-04-17$51.73$0.0015.8%4.5%6.5%40.0%0.0%4.1%-4.4%0000.00132.58N/AN/A0000
2017-04-18$51.94$0.0010.9%3.1%6.8%11.1%0.0%-0.5%-0.1%0000.00127.22N/AN/A0000
2017-04-19$52.05$0.0013.0%3.7%5.2%23.3%0.0%5.8%0.1%0000.00122.17N/AN/A0000
2017-04-20$52.60$0.0012.4%3.6%6.3%20.1%0.0%5.2%-4.0%0000.00131.47N/AN/A0000
2017-04-21$52.49$0.0012.2%3.5%6.3%18.5%0.0%3.9%3.7%0000.00132.63N/AN/A0000
2017-04-24$53.18$0.0011.0%3.1%7.8%11.4%0.0%1.3%-0.2%0000.00142.93N/AN/A0000
2017-04-25$53.60$0.0012.2%3.5%8.0%18.8%0.0%1.8%-4.3%0000.00149.38N/AN/A0000
2017-04-26$53.67$0.0010.8%3.1%7.8%10.5%0.0%0.5%1.1%0000.00146.09N/AN/A0000
2017-04-27$53.65$0.0011.9%3.4%7.9%17.2%0.0%1.7%2.3%0000.00155.69N/AN/A0000
2017-04-28$53.40$0.0012.2%3.5%8.1%18.4%0.0%1.3%-1.7%0000.00163.84N/AN/A0000