FTC Options History — May 2018

In May 2018, FTC traded between $63.26 and $66.96. ATM implied volatility averaged 12.9%, placing in the 3.5% IV rank vs the trailing year. The 30-day expected move averaged 3.6%. IV traded below realized volatility by 0.6% (HV 20d: 13.5%). Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 0.04.

Notable Days

  • 2018-05-30: Highest Volume — 33 contracts
  • 2018-05-08: Largest IV spike — 28.3% change
  • 2018-05-03: Highest IV Rank — 8.8%
  • 2018-05-03: Largest Expected Move — 4.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$65.74$63.26$66.96$63.55$66.46
ATM IV12.9%10.7%17.7%13.6%14.3%
Expected Move3.6%3.1%4.8%3.9%4.1%
HV 20d13.5%8.9%19.2%19.2%10.8%
HV 60d20.2%19.4%22.8%22.8%19.5%
IV Rank3.5%1.2%8.8%5.1%4.5%
IV Percentile48.9%9.1%89.3%68.3%74.2%
Term Structure0.1%-4.3%7.0%-1.8%0.6%
Skew 25d3.6%-0.8%7.7%1.3%2.5%
Skew 10d2.5%-5.0%7.1%1.3%6.9%
Call IV 25d11.6%9.3%14.6%14.6%13.1%
Put IV 25d15.2%9.4%20.9%15.9%15.5%
Bid-Ask Spread %128.11108.36173.58130.16130.78
Gamma HHI0.360.260.420.400.26
Net GEX6.5K5.2K7.1K5.7K5.4K
Net DEX-85.2K-96.5K-60.8K-62.0K-84.9K
Net VEX-354-432-332-363-432
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.040.000.430.000.43
Total Volume23.90923332333
Total OI23.45523332333

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-05-01$63.55$0.0013.6%3.9%19.2%5.1%0.0%1.3%-1.8%5.7K-62.0K-3630.00130.16N/AN/A230230
2018-05-02$63.26$0.0014.8%4.2%18.5%6.2%0.0%1.4%-0.3%5.8K-63.0K-3580.00132.80N/AN/A230230
2018-05-03$63.44$0.0017.7%4.8%18.5%8.8%0.0%4.4%0.1%5.2K-60.8K-3610.00122.99N/AN/A230230
2018-05-04$64.28$0.0013.2%3.2%16.6%4.7%0.0%6.4%7.0%6.2K-65.9K-3650.00140.01N/AN/A230230
2018-05-07$64.62$0.0012.1%3.4%16.5%3.7%0.0%4.7%0.8%6.3K-74.5K-3650.00123.20N/AN/A230230
2018-05-08$65.02$0.0015.6%3.6%15.6%5.7%0.0%5.5%-0.1%6.2K-76.4K-3670.00127.39N/AN/A230230
2018-05-09$65.64$0.0011.8%3.4%15.8%2.2%0.0%4.3%0.4%6.5K-82.8K-3620.00122.90N/AN/A230230
2018-05-10$66.32$0.0011.9%3.4%15.5%2.3%0.0%5.9%-0.0%6.3K-92.0K-3630.00113.59N/AN/A230230
2018-05-11$66.50$0.0013.3%3.8%14.5%3.6%0.0%3.7%1.1%6.6K-94.6K-3570.00115.37N/AN/A230230
2018-05-14$66.27$0.0011.6%3.3%14.0%2.0%0.0%1.8%0.9%6.9K-94.8K-3460.00128.90N/AN/A230230
2018-05-15$65.79$0.0010.7%3.1%13.2%1.2%0.0%-0.8%1.3%6.6K-87.2K-3530.00108.36N/AN/A230230
2018-05-16$66.24$0.0011.3%3.2%13.3%1.7%0.0%3.4%0.8%6.6K-90.4K-3490.00131.81N/AN/A230230
2018-05-17$66.13$0.0010.7%3.1%12.9%1.2%0.0%1.5%2.3%7.0K-90.5K-3470.00130.18N/AN/A230230
2018-05-18$66.36$0.0012.6%3.6%12.5%3.0%0.0%4.4%1.5%7.0K-91.8K-3480.00122.16N/AN/A230230
2018-05-21$66.72$0.0012.5%3.6%12.5%2.8%0.0%4.7%-2.2%6.9K-96.0K-3360.00124.79N/AN/A230230
2018-05-22$66.40$0.0013.2%3.8%10.0%3.5%0.0%1.8%-0.1%7.1K-95.8K-3400.00122.78N/AN/A230230
2018-05-23$66.59$0.0011.5%3.3%9.8%1.9%0.0%5.4%-2.1%7.1K-94.2K-3360.00129.89N/AN/A230230
2018-05-24$66.91$0.0012.9%3.7%8.9%3.2%0.0%2.6%-0.8%6.9K-96.5K-3350.00122.21N/AN/A230230
2018-05-25$66.67$0.0012.1%3.5%9.0%2.4%0.0%3.3%-3.1%6.4K-94.8K-3410.00133.01N/AN/A230230
2018-05-29$66.05$0.0013.1%3.8%9.8%3.4%0.0%3.9%-0.0%6.9K-91.2K-3330.00131.47N/AN/A230230
2018-05-30$66.96$0.0014.3%4.1%10.5%4.5%0.0%7.7%-4.3%6.7K-95.3K-3320.43173.58N/AN/A2310230
2018-05-31$66.46$0.0014.3%4.1%10.8%4.5%0.0%2.5%0.6%5.4K-84.9K-4320.43130.78N/AN/A23102310