FTC Options History — February 2018

In February 2018, FTC traded between $60.62 and $65.69. ATM implied volatility averaged 22.1%, placing in the 13.4% IV rank vs the trailing year. The 30-day expected move averaged 5.3%. IV traded above realized volatility by 1.0% (HV 20d: 21.1%). Net GEX was positive for 12 of 19 trading days. Term structure was in contango for 11 of 19 days. Put/call ratio averaged 0.62.

Notable Days

  • 2018-02-02: Highest Volume — 17 contracts
  • 2018-02-05: Largest IV spike — 590.0% change
  • 2018-02-05: Highest IV Rank — 100.0%
  • 2018-02-05: Largest Expected Move — 17.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$63.66$60.62$65.69$65.69$64.52
ATM IV22.1%13.0%117.6%13.6%15.9%
Expected Move5.3%3.5%17.7%3.5%4.5%
HV 20d21.1%9.5%24.0%9.5%23.8%
HV 60d14.3%9.2%15.7%9.2%15.6%
IV Rank13.4%4.6%100.0%8.8%7.1%
IV Percentile85.9%61.9%100.0%74.2%90.5%
Term Structure16.0%-16.9%43.1%37.0%-1.4%
Skew 25d4.7%-11.6%14.0%5.8%-0.8%
Skew 10d5.1%-11.6%16.2%6.2%4.4%
Call IV 25d18.0%9.3%72.8%12.3%17.6%
Put IV 25d22.7%14.9%61.2%18.1%16.7%
Bid-Ask Spread %122.4897.18195.28106.85127.62
Gamma HHI0.460.350.570.570.50
Net GEX73-1.8K901667483
Net DEX-17.3K-34.7K6.1K-24.4K-28.8K
Net VEX-150-174-118-171-122
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.620.500.700.500.50
Total Volume16.15815171515
Total OI16.05315171515

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-02-01$65.69$0.0013.6%3.5%9.5%8.8%0.0%5.8%37.0%667-24.4K-1710.50106.85N/AN/A105105
2018-02-02$64.42$0.0017.0%4.1%12.3%14.3%0.0%1.3%28.0%462-22.1K-1720.70108.55N/AN/A107105
2018-02-05$62.29$0.00117.6%17.7%17.3%100.0%0.0%-11.6%-16.9%214-11.6K-1740.70195.28N/AN/A107107
2018-02-06$62.76$0.0028.0%5.3%17.4%18.2%0.0%4.1%43.1%-283-5.8K-1670.70134.79N/AN/A107107
2018-02-07$62.99$0.0016.6%4.8%17.4%7.8%0.0%2.8%28.2%-796-10.3K-1720.70138.54N/AN/A107107
2018-02-08$60.62$0.0021.2%6.1%22.0%12.0%0.0%0.0%7.0%7796.1K-1490.7097.18N/AN/A107107
2018-02-09$61.37$0.0023.7%6.8%22.3%14.3%0.0%3.5%34.1%-258-5.1K-1640.70110.95N/AN/A107107
2018-02-12$62.28$0.0018.9%5.4%22.9%9.9%0.0%14.0%37.6%-420-9.1K-1630.70114.06N/AN/A107107
2018-02-13$62.45$0.0020.1%5.8%22.9%11.0%0.0%9.6%7.5%33-2.5K-1550.70122.67N/AN/A107107
2018-02-14$63.57$0.0013.0%3.7%23.4%4.6%0.0%11.6%38.9%-1.8K-10.4K-1600.70104.42N/AN/A107107
2018-02-15$64.26$0.0014.8%4.2%23.8%6.2%0.0%8.0%33.5%-1.5K-14.0K-1580.70123.39N/AN/A107107
2018-02-16$64.45$0.0014.5%4.2%23.6%5.9%0.0%6.7%35.1%515-19.9K-1530.70120.97N/AN/A107107
2018-02-20$64.24$0.0015.6%4.5%23.5%6.9%0.0%7.8%-1.4%832-24.6K-1380.50108.71N/AN/A105105
2018-02-21$64.22$0.0014.6%4.2%23.4%6.0%0.0%6.2%-0.3%704-28.3K-1320.50121.49N/AN/A105105
2018-02-22$64.00$0.0014.9%4.3%23.4%6.3%0.0%1.2%-1.5%901-23.5K-1330.50122.45N/AN/A105105
2018-02-23$64.88$0.0013.2%3.8%24.0%4.7%0.0%6.9%-1.8%502-25.8K-1300.50124.00N/AN/A105105
2018-02-26$65.51$0.0013.1%3.7%23.8%4.6%0.0%4.3%-2.6%504-33.4K-1190.50126.63N/AN/A105105
2018-02-27$65.02$0.0014.2%4.1%23.8%5.6%0.0%7.2%-1.1%-201-34.7K-1180.50118.60N/AN/A105105
2018-02-28$64.52$0.0015.9%4.5%23.8%7.1%0.0%-0.8%-1.4%483-28.8K-1220.50127.62N/AN/A105105