FTC Options History — May 2017

In May 2017, FTC traded between $52.82 and $54.71. ATM implied volatility averaged 12.2%, placing in the 22.3% IV rank vs the trailing year. The 30-day expected move averaged 3.5%. IV traded above realized volatility by 2.6% (HV 20d: 9.6%). Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 6 of 22 days.

Notable Days

  • 2017-05-08: Largest IV spike — 32.1% change
  • 2017-05-03: Highest IV Rank — 36.3%
  • 2017-05-03: Largest Expected Move — 4.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$53.78$52.82$54.71$53.62$54.61
ATM IV12.2%8.0%15.2%13.3%12.7%
Expected Move3.5%3.1%4.4%3.8%3.6%
HV 20d9.6%7.7%12.1%8.2%11.0%
HV 60d8.6%7.9%9.6%7.9%9.1%
IV Rank22.3%0.0%36.3%25.2%26.0%
IV Percentile31.7%0.0%77.4%47.6%40.1%
Term Structure-1.1%-5.7%2.3%-5.7%1.4%
Skew 25d2.4%0.1%5.1%1.8%1.8%
Skew 10d3.4%-5.6%6.2%-3.9%4.9%
Call IV 25d12.1%8.5%15.1%14.1%13.7%
Put IV 25d14.6%11.2%17.3%15.9%15.6%
Bid-Ask Spread %140.43130.83146.29139.94145.47
Net GEX00000
Net DEX00000
Net VEX00000
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI00000

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-05-01$53.62$0.0013.3%3.8%8.2%25.2%0.0%1.8%-5.7%0000.00139.94N/AN/A0000
2017-05-02$53.36$0.0013.5%3.9%8.3%26.0%0.0%0.4%-1.4%0000.00145.84N/AN/A0000
2017-05-03$53.23$0.0015.2%4.4%8.3%36.3%0.0%1.2%-4.9%0000.00144.26N/AN/A0000
2017-05-04$53.27$0.0010.6%3.2%8.3%9.1%0.0%2.3%0.9%0000.00137.11N/AN/A0000
2017-05-05$53.49$0.008.0%3.3%8.3%0.0%0.0%3.0%0.9%0000.00132.07N/AN/A0000
2017-05-08$53.33$0.0010.6%3.3%8.4%14.3%0.0%3.4%1.0%0000.00142.18N/AN/A0000
2017-05-09$53.44$0.0012.1%3.1%8.4%22.8%0.0%2.4%0.7%0000.00142.80N/AN/A0000
2017-05-10$53.75$0.0011.6%3.3%8.3%19.9%0.0%3.5%-1.8%0000.00140.76N/AN/A0000
2017-05-11$53.65$0.0011.3%3.2%8.1%18.1%0.0%5.1%-1.5%0000.00138.38N/AN/A0000
2017-05-12$53.53$0.0011.8%3.4%7.7%21.0%0.0%1.5%-1.5%0000.00143.68N/AN/A0000
2017-05-15$53.89$0.0011.0%3.2%7.9%16.7%0.0%3.5%-1.1%0000.00143.71N/AN/A0000
2017-05-16$54.09$0.0012.9%3.7%7.9%27.0%0.0%1.8%-2.3%0000.00137.92N/AN/A0000
2017-05-17$52.82$0.0012.8%3.7%12.1%26.5%0.0%0.1%-1.2%0000.00139.09N/AN/A0000
2017-05-18$53.15$0.0013.3%3.8%11.7%29.3%0.0%4.2%-0.0%0000.00130.83N/AN/A0000
2017-05-19$53.55$0.0011.3%3.2%11.9%18.2%0.0%4.5%-1.2%0000.00135.67N/AN/A0000
2017-05-22$53.96$0.0011.8%3.4%11.3%20.8%0.0%3.9%-1.2%0000.00141.81N/AN/A0000
2017-05-23$54.08$0.0013.5%3.9%11.0%30.4%0.0%2.2%-2.5%0000.00136.61N/AN/A0000
2017-05-24$54.34$0.0012.1%3.5%11.2%22.7%0.0%0.7%-1.6%0000.00146.29N/AN/A0000
2017-05-25$54.71$0.0012.0%3.4%11.4%22.1%0.0%3.2%2.3%0000.00139.24N/AN/A0000
2017-05-26$54.68$0.0012.7%3.6%11.2%25.8%0.0%1.4%-0.1%0000.00141.31N/AN/A0000
2017-05-30$54.57$0.0013.9%4.0%11.2%32.8%0.0%2.1%-2.6%0000.00144.49N/AN/A0000
2017-05-31$54.61$0.0012.7%3.6%11.0%26.0%0.0%1.8%1.4%0000.00145.47N/AN/A0000