FTC Options History — August 2018

In August 2018, FTC traded between $66.94 and $70.50. ATM implied volatility averaged 15.0%, placing in the 5.2% IV rank vs the trailing year. The 30-day expected move averaged 3.9%. IV traded above realized volatility by 3.8% (HV 20d: 11.3%). Max pain ranged from $66.00 to $67.00. Net GEX was positive for 18 of 23 trading days. Term structure was in contango for 12 of 23 days. Put/call ratio averaged 0.52.

Notable Days

  • 2018-08-01: Highest Volume — 54 contracts
  • 2018-08-30: Largest IV spike — 499.7% change
  • 2018-08-30: Highest IV Rank — 56.4%
  • 2018-08-30: Largest Expected Move — 20.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$68.46$66.94$70.50$66.94$70.22
Max Pain$66.91$66.00$67.00$66.00$67.00
ATM IV15.0%9.3%70.4%12.6%12.4%
Expected Move3.9%2.7%20.2%3.6%3.6%
HV 20d11.3%9.1%12.6%12.5%9.2%
HV 60d11.9%11.6%12.2%12.1%11.6%
IV Rank5.2%0.0%56.4%2.9%2.8%
IV Percentile42.4%0.0%99.2%46.4%44.8%
Term Structure-2.1%-50.6%3.3%-1.9%-0.9%
VWIV14.6%9.6%59.8%13.3%19.2%
Skew 25d0.5%-60.1%5.5%2.2%3.5%
Skew 10d1.2%-60.1%6.8%3.1%4.5%
Call IV 25d13.6%9.0%75.0%12.8%11.1%
Put IV 25d14.1%11.5%16.5%15.0%14.6%
Bid-Ask Spread %135.13117.06195.51139.74140.61
Gamma HHI0.270.180.360.220.29
Net GEX4.1K-2.5K14.0K9.9K3.5K
Net DEX-117.3K-154.8K-70.5K-81.0K-154.8K
Net VEX-243-382-98-361-98
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.520.420.710.590.42
Total Volume44.78334545434
Total OI42.82634545234

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-08-01$66.94$66.0012.6%3.6%12.5%2.9%13.3%2.2%-1.9%9.9K-81.0K-3610.59139.74N/AN/A34203220
2018-08-02$67.58$66.0010.8%3.1%12.6%1.3%10.3%3.5%-1.7%14.0K-106.4K-3380.71133.95N/AN/A28203420
2018-08-03$67.40$67.0013.2%3.8%12.0%3.5%13.6%1.6%-0.5%6.5K-104.7K-3820.71138.27N/AN/A28203420
2018-08-06$67.91$67.0011.5%3.0%12.0%1.9%9.6%3.5%1.1%3.5K-114.2K-3290.59125.55N/AN/A34203420
2018-08-07$68.27$67.0012.7%3.0%12.1%3.1%10.2%4.5%0.5%-1.3K-103.7K-3040.59124.87N/AN/A34202920
2018-08-08$68.30$67.0012.8%2.9%11.8%3.1%10.3%4.4%0.7%-1.3K-115.5K-2570.59134.90N/AN/A34202920
2018-08-09$68.27$67.0013.9%2.9%11.2%4.1%10.3%3.4%1.8%-2.5K-113.2K-2660.59129.59N/AN/A34202920
2018-08-10$67.90$67.0014.0%3.0%11.3%4.2%12.0%4.3%1.1%-99-93.4K-3030.59129.15N/AN/A34202920
2018-08-13$67.73$67.0017.5%3.0%11.2%7.5%11.5%5.2%0.9%1.4K-89.4K-2830.59117.06N/AN/A34202920
2018-08-14$68.16$67.0019.2%3.1%11.0%9.0%10.6%4.2%0.8%-1.7K-102.3K-2640.59124.16N/AN/A34202920
2018-08-15$67.25$67.0013.3%3.8%11.9%3.6%12.8%-0.5%0.7%6.2K-70.5K-2940.59120.62N/AN/A34202920
2018-08-16$67.68$67.0010.4%3.0%12.2%0.9%11.3%4.3%-0.0%3.0K-84.8K-2690.59122.45N/AN/A34202920
2018-08-17$67.74$67.0011.1%3.2%12.2%1.6%9.9%5.5%-1.0%7.2K-146.3K-2730.59124.34N/AN/A34202910
2018-08-20$67.98$67.009.3%2.7%12.3%0.0%11.2%4.3%3.3%7.3K-119.9K-2360.42141.42N/AN/A24102410
2018-08-21$68.32$67.0012.8%3.7%12.3%3.3%12.1%2.1%-0.2%6.3K-125.7K-2260.42142.62N/AN/A24102410
2018-08-22$68.67$67.0012.4%3.6%11.7%2.8%13.3%4.1%0.4%5.9K-127.9K-2160.42143.13N/AN/A24102410
2018-08-23$68.60$67.0010.5%3.0%11.7%1.1%11.7%1.5%-1.5%6.2K-134.2K-1820.42139.18N/AN/A24102410
2018-08-24$69.39$67.0010.7%3.1%10.9%1.3%14.0%3.2%0.0%6.5K-150.4K-1080.42139.69N/AN/A24102410
2018-08-27$69.81$67.0011.1%3.2%9.1%1.6%15.6%0.9%-1.8%3.8K-153.6K-980.42132.23N/AN/A24102410
2018-08-28$69.96$67.0010.9%3.1%9.1%1.4%14.9%2.5%-1.2%3.6K-153.6K-1000.42139.98N/AN/A24102410
2018-08-29$70.50$67.0011.7%3.4%9.2%2.2%18.2%3.1%2.4%3.6K-152.1K-1210.42129.07N/AN/A24102410
2018-08-30$70.09$67.0070.4%20.2%9.3%56.4%59.8%-60.1%-50.6%3.3K-99.9K-2910.42195.51N/AN/A24102410
2018-08-31$70.22$67.0012.4%3.6%9.2%2.8%19.2%3.5%-0.9%3.5K-154.8K-980.42140.61N/AN/A24102410